MetaCap

Chipotle Mexican Grill (CMG) Options Chain

NYSE: CMGConsumer DiscretionaryRestaurantsUSD

31.59-1.09 (-3.34%)

At close: Oct 9, 4:02 PM ET · Delayed 15 min

Expiration date

Expiration
Dec 18, 2026
Days to expiration
68
Share price
$31.59
Put/call ratio (OI)
1.02
Put/call ratio (volume)
0.70
Expected move
±$5.97
Open interest (C / P)
104.96K / 107.54K

CMG options summary

The CMG options chain for the December 18, 2026 expiration lists 225 call and 203 put contracts, with 68 days until expiration. Open interest stands at 104,962 calls and 107,538 puts, a put/call ratio of 1.02, which is fairly balanced between calls and puts. At-the-money implied volatility near the $31.60 strike is 43.8%, which implies the market expects a move of about ±$5.97 (18.9%) in Chipotle Mexican Grill stock by expiration.

The most open interest sits at the $40.00 call (5.00K contracts) and the $25.00 put (51.65K contracts).

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

CMG options chain · December 18, 2026

CMG calls and puts by strike price. Shaded cells are in the money.
CallsPuts
LastBidAskStrikeBidAskLast
18.7313.6514.9017.500.000.060.02
11.1011.1512.6020.000.010.040.05
9.059.059.5522.500.010.180.10
7.056.757.2025.000.250.310.25
6.404.355.3027.500.650.870.70
2.812.682.9230.801.741.931.83
2.532.452.7131.201.932.052.04
2.322.302.5031.602.112.292.16
2.162.112.4432.002.322.542.45
2.021.942.2132.402.532.792.66
1.801.781.9932.802.693.052.99
1.771.631.9433.203.003.303.25
1.521.491.6333.603.253.803.35
1.411.351.6234.003.503.803.75
1.251.221.3834.403.754.403.90
1.271.051.3834.803.854.503.35
1.021.001.1035.204.304.703.65
0.920.841.0235.604.655.054.26
0.810.801.0736.004.955.604.24
0.750.700.8536.405.055.955.88
0.800.580.9136.805.556.205.36
0.600.520.8337.205.756.505.70
0.530.460.6237.606.057.057.13
0.530.480.5638.006.506.906.80
0.420.400.5038.406.707.506.15
0.460.340.4638.807.107.957.00
0.670.290.5439.207.458.407.35
0.600.180.5039.607.808.657.20
0.300.280.3140.008.358.858.66
0.160.130.2242.0010.3011.009.35
0.090.070.1444.0011.7513.1513.42
0.070.060.1645.0012.8514.1012.82
0.070.030.1146.0013.8015.0514.06
0.090.020.0748.000.000.0015.97
0.040.010.0650.0018.1019.1512.12
0.060.010.1252.0013.9014.7017.88
0.050.020.0752.5014.9516.0019.75
0.360.000.4052.6017.4020.2021.05
0.040.000.3152.7020.5021.9515.72
0.080.000.1352.8020.1522.4513.30
0.350.000.1252.9013.9514.2011.56
0.080.000.1053.0020.8022.1016.20
0.070.000.1253.1020.9022.2516.15
0.330.000.1253.2021.0022.2516.12
0.080.000.0953.3015.2515.5012.70
0.050.000.1253.4014.3514.6012.00
0.100.000.0053.5015.2517.1521.77
0.050.000.3053.6021.0023.2515.00
0.340.000.3053.7014.6014.8512.07
0.130.000.0053.8014.8516.3522.00
0.150.000.3053.9014.7515.0012.11
0.210.000.3054.0013.4516.2517.15
0.150.000.3054.1014.9015.2010.91
0.090.000.0054.2014.4516.256.20
0.050.000.3054.3021.6523.8015.40
0.180.000.0054.4015.1515.8511.81
0.260.000.3054.5015.9016.7517.93
0.260.000.3054.6015.3515.8012.98
0.130.000.3054.7015.4015.7013.81
0.240.000.3954.8019.4522.2021.91
0.180.000.1054.9016.2517.0017.62
0.020.000.1055.0016.2017.2024.17
0.030.000.1055.1015.7516.0012.77
0.040.000.1055.2015.8516.8513.57
0.230.000.1055.3022.6524.8516.97
0.100.000.1055.4016.0016.256.71
0.180.000.0055.5012.1012.5511.85
0.150.000.1155.605.906.308.48
0.380.150.4455.7010.3012.305.86
0.010.010.0255.806.608.108.90
0.010.000.0255.9023.2025.4516.25
0.130.000.1056.0019.5022.4522.25
0.210.000.3056.1016.2016.908.40
0.180.000.0056.2016.7016.957.03
0.180.000.1056.3016.8017.0513.25
0.150.000.3056.406.208.508.80
0.200.000.1056.507.307.708.90
0.080.000.1056.6017.0517.3515.05
0.150.000.1056.708.2012.105.44
0.160.000.1056.8011.7014.509.50
0.210.120.4356.908.409.509.75
0.150.000.3057.0020.3521.4522.25
0.150.010.1957.1017.4517.807.09
0.220.010.1957.2017.5517.9015.05
0.130.070.1957.3017.6517.9516.04
0.180.000.1957.408.709.809.33
0.030.000.1057.5023.8028.0018.03
0.170.000.2857.6016.9518.257.27
0.140.000.3057.7018.0018.3016.50
0.160.000.3057.808.9010.8011.48
0.180.060.1857.9018.2018.507.44
0.070.000.1058.0024.0027.8517.59
0.140.000.1758.1018.0018.707.51
0.150.000.1058.2018.4518.7516.79
0.100.000.1058.3019.2521.3024.18
0.010.000.0258.404.006.509.44
0.010.000.0258.5019.5020.2521.00
0.110.050.1758.6018.8019.107.85
0.150.000.1058.70———
0.220.050.1658.8019.0019.3016.60
0.150.000.1658.9018.0021.7520.47
0.130.040.5259.000.000.0022.01
0.240.000.0059.1010.8013.1012.50
0.150.000.0959.2011.1011.7011.30
0.090.000.1059.308.409.009.50
0.230.000.0059.4019.5519.858.22
9.951.851.9459.5025.5030.5020.25
0.230.030.1559.6012.9013.4012.65
0.120.000.1559.7010.7011.1012.75
0.210.010.5059.8027.6028.9526.55
0.070.000.0059.904.507.109.20
0.070.010.0760.000.000.0020.40
0.120.010.3860.100.000.0023.07
0.100.000.1560.2013.2014.0013.00
0.190.000.1560.3010.0010.5011.00
0.110.000.1560.4011.9014.1014.00
0.180.030.1560.5020.5520.858.77
0.080.000.2960.60———
0.820.781.8160.70———
2.811.691.7960.8026.5031.5020.20
0.290.060.2060.90———
0.100.000.1461.0021.9523.7029.05
0.190.030.1461.10———
2.761.641.7461.208.509.008.24
0.030.000.2861.30———
0.170.000.2961.40———
0.090.000.0961.508.709.208.40
0.120.000.4661.60———
0.150.010.1861.70———
0.160.000.2961.80———
1.570.001.4461.90———
0.080.000.0962.0021.9522.2518.55
0.010.000.1062.10———
0.750.661.4862.2022.1522.4517.25
0.160.000.1362.309.5010.058.10
0.080.000.1362.4020.6024.2524.05
0.160.000.1762.5022.0523.9025.42
0.020.000.2862.60———
0.160.000.2862.7012.1012.5015.00
0.160.000.0962.80———
8.5010.7011.3062.908.209.809.88
0.010.000.1063.0011.0511.359.40
0.140.000.1263.100.000.0014.60
0.210.010.1263.20———
0.210.000.1263.30———
0.210.000.1263.40———
0.050.000.0063.50———
0.210.010.1263.6010.2010.708.43
0.210.010.1263.7023.6023.9018.65
0.130.000.1163.80———
0.040.000.0063.9023.7524.7018.80
0.110.000.3464.0014.3515.6516.50
0.210.000.1164.10———
0.250.000.1164.2010.1011.4016.35
0.290.000.1164.30———
0.100.000.0064.4030.5035.0024.65
0.250.000.1164.50———
0.090.000.1264.60———
0.290.000.1164.7010.7011.309.00
0.100.000.4164.80———
0.080.010.7364.9011.1512.0011.54
0.030.000.0365.0024.8525.5019.90
1.621.241.3665.10———
0.010.000.0665.20———
0.070.000.0265.3024.2025.9019.25
0.160.000.4065.4025.2526.2519.05
0.150.000.7265.50———
0.120.000.3965.6014.5015.0016.00
0.190.000.1065.7029.0032.3036.05
0.070.000.3066.0025.8526.8020.70
0.060.000.1067.00———
0.310.000.2968.0033.4537.5529.01
0.010.000.1069.000.000.0021.40
0.010.000.2470.0036.0041.0027.88
0.350.010.1371.0015.0515.3514.44
0.050.000.1372.00———
0.460.080.9173.00———
0.070.000.0974.00———
0.040.000.1075.0034.8035.1519.15
0.270.000.6976.0025.6027.2029.20
0.010.000.0078.000.000.0030.00
0.010.000.0380.000.000.0041.50
0.060.000.1082.00———
0.040.000.0384.00———
0.070.000.0685.00———
0.430.000.4486.00———
0.020.000.0488.00———
0.040.000.0490.0050.7051.4547.71
0.040.000.0592.00———
0.010.000.2694.00———
0.010.000.0695.00———
0.030.000.0196.0038.9042.1043.95
2,099.850.000.001,540.000.000.0037.90
1,876.000.000.001,560.00———
———1,580.000.000.0046.00
———1,600.000.000.0044.00
———1,700.000.000.0044.75
———1,740.000.000.0065.22
———1,800.000.000.0061.00
———2,000.000.000.0095.00
———2,200.000.000.00113.39
———2,300.000.000.00132.80
1,248.000.000.002,400.000.000.00153.26
———2,500.000.000.00171.00
1,136.000.000.002,600.000.000.00189.35
———2,700.000.000.00232.00
———2,765.000.000.00240.02
———2,770.000.000.00240.92
———2,775.000.000.00253.45
———2,780.000.000.00291.58
———2,785.000.000.00293.08
———2,790.000.000.00305.80
———2,795.000.000.00302.12
———2,800.000.000.00293.00
———2,805.000.000.00313.50
———2,810.000.000.00314.50
———2,825.000.000.00258.40
938.830.000.002,830.000.000.00259.60
———2,835.000.000.00272.02
———2,840.000.000.00288.58
———2,845.000.000.00310.50
———2,850.000.000.00332.50
———2,855.000.000.00333.50
———2,875.000.000.00274.30
———2,880.000.000.00275.70
———2,885.000.000.00291.50
———2,890.000.000.00292.97
———2,895.000.000.00342.90
———2,900.000.000.00352.50
———2,905.000.000.00347.12
———2,910.000.000.00355.75
———2,915.000.000.00357.35
1,063.900.000.002,930.00———
———3,000.000.000.00358.00
———3,050.000.000.00378.00
755.000.000.003,085.00———
830.000.000.003,095.00———
———3,100.000.000.00425.00
869.000.000.003,130.00———
758.650.000.003,150.00———
944.500.000.003,200.000.000.00473.00
664.550.000.003,210.00———
664.000.000.003,225.00———
830.000.000.003,230.00———
794.600.000.003,250.00———
659.380.000.003,270.00———
861.620.000.003,280.000.000.00488.00
———3,285.000.000.00443.17
894.500.000.003,300.000.000.00434.00
818.000.000.003,350.00———
836.470.000.003,400.000.000.00573.24
703.500.000.003,450.000.000.00520.00
684.000.000.003,500.000.000.00545.00
702.000.000.003,550.00———
583.440.000.003,600.00———
759.000.000.003,650.00———
697.280.000.003,700.00———
565.000.000.003,750.00———
698.500.000.003,800.00———
———3,900.000.000.00740.00
487.000.000.004,000.00———
573.000.000.004,100.00———
419.960.000.004,200.00———
370.500.000.004,700.00———
295.200.000.004,800.00———

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 December 18, 2026 expiration, the CMG put/call ratio based on open interest is 1.02 (107,538 puts vs 104,962 calls), and 0.70 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 December 18, 2026 is about 43.8%, 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 13 listed expiration dates, from Oct 16, 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.

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