Chipotle Mexican Grill (CMG) Options Chain

NYSE: CMGConsumer DiscretionaryRestaurantsUSD

32.68+1.91 (+6.21%)

At close: Oct 8, 4:02 PM ET · Delayed 15 min

Expiration date

Expiration: Oct 9, 2026
Days to expiration: 1
Share price: $32.68
Put/call ratio (OI): 0.20
Put/call ratio (volume): 0.12
ATM implied volatility: 65.7%
Expected move: ±$1.12
Open interest (C / P): 80.80K / 16.50K

CMG options summary

The CMG options chain for the October 9, 2026 expiration lists 38 call and 34 put contracts, with 1 day until expiration. Open interest stands at 80,795 calls and 16,495 puts, a put/call ratio of 0.20, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $32.50 strike is 65.7%, which implies the market expects a move of about ±$1.12 (3.4%) in Chipotle Mexican Grill stock by expiration.

The most open interest sits at the $33.00 call (47.50K contracts) and the $30.00 put (2.88K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

CMG options chain · October 9, 2026

CMG calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
9	6	640.6%	12.92	12.35	13.55	20.00	0.00	0.01	0.01	350.0%	2	5
—	—	—	10.87	—	—	22.00	—	—	0.01	—	—	—
—	—	—	9.89	—	—	23.00	—	—	0.01	—	—	—
—	—	—	9.08	—	—	24.00	0.00	0.01	0.01	225.0%	6	218
38	44	385.2%	8.13	7.35	8.50	25.00	0.00	0.01	0.01	200.0%	35	177
—	—	—	7.04	—	—	26.00	0.00	0.01	0.01	175.0%	1	101
—	—	—	6.09	—	—	27.00	0.00	0.01	0.01	150.0%	1	45
112	33	238.3%	4.93	4.45	5.30	28.00	0.00	0.01	0.02	121.9%	5	209
32	45	204.7%	3.98	3.50	4.30	29.00	0.00	0.01	0.01	96.9%	124	2,553
39	22	183.6%	3.51	3.00	3.80	29.50	0.00	0.01	0.01	84.4%	249	1,052
471	491	167.6%	3.00	2.49	3.35	30.00	0.00	0.01	0.01	71.9%	517	2,883
464	325	150.4%	2.40	1.98	2.90	30.50	0.00	0.01	0.01	59.4%	584	1,871
1,646	747	135.6%	1.95	1.55	2.41	31.00	0.01	0.04	0.02	63.3%	1,846	2,273
1,556	1,583	96.5%	1.56	1.10	1.70	31.50	0.05	0.11	0.09	65.6%	583	1,320
9,881	7,111	61.3%	0.86	0.74	0.94	32.00	0.15	0.18	0.18	62.1%	2,420	945
2,003	4,847	69.1%	0.53	0.45	0.68	32.50	0.32	0.36	0.36	62.3%	1,658	539
CMG $32.68
47,498	56,031	68.2%	0.30	0.25	0.40	33.00	0.50	0.70	0.61	61.3%	4,311	601
1,282	2,210	62.5%	0.16	0.09	0.19	33.50	0.70	1.12	1.16	52.3%	30	294
7,263	12,908	69.5%	0.12	0.05	0.12	34.00	0.90	1.55	1.30	100.8%	39	833
407	2,551	76.6%	0.05	0.01	0.10	34.50	1.21	2.55	2.57	78.1%	20	28
3,528	5,987	82.8%	0.03	0.02	0.05	35.00	1.72	2.63	1.99	156.3%	10	101
990	756	81.3%	0.03	0.01	0.02	35.50	2.24	3.25	2.46	198.8%	2	87
1,603	3,180	93.8%	0.01	0.01	0.02	36.00	2.63	3.50	3.35	160.9%	4	353
85	59	109.4%	0.01	0.00	0.04	36.50	3.15	4.15	6.01	214.1%	1	3
440	14	109.4%	0.01	0.00	0.02	37.00	3.65	4.65	6.44	230.5%	1	4
86	56	161.7%	0.01	0.00	0.13	37.50	4.15	5.20	6.34	258.2%	1	0
206	281	118.8%	0.01	0.00	0.01	38.00	4.65	5.65	6.77	261.7%	1	0
—	—	—	0.01	—	—	38.50	—	—	7.89	—	—	—
114	191	137.5%	0.01	0.00	0.01	39.00	5.45	6.85	7.28	339.1%	2	0
367	148	150.0%	0.01	0.00	0.01	40.00	6.50	7.75	7.03	344.9%	4	0
101	91	168.8%	0.01	0.00	0.01	41.00	7.40	9.20	10.34	473.1%	1	0
335	6	196.9%	0.04	0.00	0.02	42.00	8.40	10.15	5.10	491.8%	9	0
96	25	196.9%	0.01	0.00	0.01	43.00	9.40	11.20	6.77	530.1%	—	0
65	5	231.3%	0.03	0.00	0.02	44.00	—	—	—	—	—	—
21	2	225.0%	0.01	0.00	0.01	45.00	11.40	13.15	11.75	571.5%	1	0
1	1	237.5%	0.06	0.00	0.01	46.00	—	—	—	—	—	—
56	2	275.0%	0.01	0.00	0.02	47.00	—	—	—	—	—	—
—	—	—	0.01	—	—	48.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the CMG put/call ratio?

For the October 9, 2026 expiration, the CMG put/call ratio based on open interest is 0.20 (16,495 puts vs 80,795 calls), and 0.12 based on today's volume. A ratio above 1 means more puts than calls.

What is CMG's implied volatility?

At-the-money implied volatility for CMG options expiring October 9, 2026 is about 65.7%, an annualized estimate of how much the market expects Chipotle Mexican Grill stock to move.

How many CMG option expiration dates are there?

CMG has 14 listed expiration dates, from Oct 9, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.