Scott Bauer's Morning Trade: Chipotle Mexican Grill (CMG)
Scott Bauer thinks Chipotle will go to 1,500 as the market likes round numbers. He is looking to define risk and play a move up to 1,500. He is choosing a next week's date call spread. He thinks CMG is in unchartered territory with the market pricing in a move of about $50 to the upside.
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Scott Bauer's Morning Trade: Chipotle Mexican Grill (CMG)
Scott Bauer thinks Chipotle will go to 1,500 as the market likes round numbers. He is looking to define risk and play a move up to 1,500. He is choosing a next week's date call spread. He thinks CMG is in unchartered territory with the market pricing in a move of about $50 to the upside.
ON AIR
7:00 am
Market Overtime
replay

Get Market Minute

Daily insights for every investor

FOLLOW US