thetaOwl

CMG

Chipotle Mexican Grill, Inc.Close $32.96EOD only
Max Pain
$33.00
Next expiry May 22, 2026
Expected Move
±$0.89
2.7% from close
Price Gap
+0.04
Distance to max pain
IV Rank
10
Low premium
P/C OI
1.01
Balanced positioning
Consensus
6.0/10
Bearish tilt
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects CMG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 20, 2026 close
Consensus-ledMay 20, 2026 close6.0/10 conviction

AI Consensus

Bias
Bearish
Neutral to slightly bullish
Best Fit
Defined risk

Sell Apr 17 $33/$32 put spread for credit — defined risk, profits from pin to $33, expi…

Key Levels
33 / 33 / 34
Magnet / spot / breakout
Main Risk
Event sensitivity

Break above $35 flips GEX concentration upward and removes the downside magnet — upside accelerates to resistan…

One-line synthesis

Bearish tilt

Highest-conviction setup

Sell Apr 17 $33/$32 put spread for credit — defined risk, profits from pin to $33, expires pre-earnings

Main disagreement

Earnings perspective shows mixed flow and high IV but no explicit directional bias, while directional perspective strongly asserts bearishn…

Persona support grid
How to Use These Reports
This hub collects the active report lenses so you can compare how each persona reads the same market-close snapshot.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.