CMGLook at the past. I feel like I'm cheating in school... let's see if it holds the line of this sideways correction tomorrow.
CMG trade ideas
CMGSold my calls from 453 for 70% gain and waiting to see if there is another leg up, or if this comes back to test 452. On hold, waiting for a reasonable entry opportunity.
5.23.2017 Trade Idea: CMGIf you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
Selling CMG because of rangeThis is a great example of a chart that I would choose to sell an option rather than buy an option. Looking at the historical pattern of this stock, it is sitting in a nice range, so I will look for premium above 490 to sell. Stocks with higher implied volatility paired with weekly options make a great pair to sell options! Read why at www.shecantrade.com
Chipotle Mexican Grill / LiteCoin TradingWhenever Chipotle Mexican Grill breaks away from the price of Litecoin USD, you can enter a trade on Chipotle. Only 6% maximum drawdown.
Chipotle will pullback over next few daysmoved up 5.4%, a down move to that tune is likely. I love stocks that have ranges.
Cross ResistanceLook at the chart, please.
I am sorry for the short comment. However it became very unconvenient to post text without seeing the chart now.
If you dislike this new "feature" of the big idea-window as well, please report it as a bug as I did. Perhaps they will listen to us if some more people disagree.
Chipotle Mexican Grill beats by $0.33, beats on revenueRevenue increased 28.1% to $1.07 billion
Comparable restaurant sales increased 17.8% (including 0.6% from recognized revenue previously deferred related to Chiptopia)
Restaurant level operating margin increased to 17.7% from 6.8%
Net income was $46.1 million, improved from a net loss of $26.4 million
Diluted earnings per share was $1.60, improved from a diluted net loss per share of $0.88
Opened 57 new restaurants
