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: Sep 17, 2027
Days to expiration: 341
Share price: $31.59
Put/call ratio (OI): 1.03
Put/call ratio (volume): 0.25
ATM implied volatility: 42.0%
Expected move: ±$12.83
Open interest (C / P): 5.38K / 5.53K

CMG options summary

The CMG options chain for the September 17, 2027 expiration lists 15 call and 12 put contracts, with 341 days until expiration. Open interest stands at 5,377 calls and 5,526 puts, a put/call ratio of 1.03, which is fairly balanced between calls and puts. At-the-money implied volatility near the $32.50 strike is 42.0%, which implies the market expects a move of about ±$12.83 (40.6%) in Chipotle Mexican Grill stock by expiration.

The most open interest sits at the $50.00 call (2.36K contracts) and the $25.00 put (2.96K contracts).

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

CMG options chain · September 17, 2027

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
1	—	61.6%	17.50	14.65	15.85	17.50	0.21	0.60	0.43	50.0%	22	22
42	1	56.8%	13.13	12.60	13.65	20.00	0.52	0.73	0.65	43.4%	1	342
30	19	51.3%	12.30	10.60	11.40	22.50	0.87	1.12	1.00	40.7%	3	340
63	1	53.0%	9.37	8.95	9.60	25.00	1.43	1.79	1.58	39.8%	1	2,961
3	4	51.2%	7.61	7.30	8.05	27.50	2.25	2.82	2.43	40.5%	7	1,204
147	5	47.2%	6.10	5.90	6.40	30.00	3.20	3.60	3.50	36.8%	183	87
CMG $31.59
232	42	48.5%	4.90	4.70	5.50	32.50	4.55	4.85	4.70	35.6%	19	335
86	36	44.6%	4.63	3.50	4.15	35.00	5.85	6.35	5.85	34.7%	5	219
33	7	42.9%	3.10	2.56	3.20	37.50	7.55	8.00	7.00	33.5%	3	3
164	12	44.2%	2.26	2.13	2.74	40.00	9.30	9.95	6.15	33.4%	5	11
244	1	41.4%	2.30	1.70	1.94	42.50	—	—	10.81	—	—	—
889	282	43.1%	1.43	1.30	1.71	45.00	—	—	—	—	—	—
210	125	41.5%	1.29	0.94	1.24	47.50	—	—	—	—	—	—
2,361	476	40.2%	0.83	0.71	0.89	50.00	18.20	18.85	18.70	33.4%	1	2
872	1	42.3%	0.53	0.36	0.68	55.00	—	—	—	—	—	—

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 September 17, 2027 expiration, the CMG put/call ratio based on open interest is 1.03 (5,526 puts vs 5,377 calls), and 0.25 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 September 17, 2027 is about 42.0%, 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.