CMG Option Overview

24.95K calls and 9.04K puts traded on Nov 4, 2026, 33.99K contracts in total. Open interest was 1.0M contracts. Over the past 30 days, volume averaged 84.72K contracts per day. The CMG option volume chart shows volume by strike and expiration date.

Chipotle Mexican Grill IV rank is 30, so its 30-day implied volatility of 35.2% is in the lower part of its one-year range. Over the past year it ranged from 25.7% on Dec 30, 2025 to 57.2% on Apr 29, 2026. See the CMG implied volatility history for a longer view.

The Chipotle Mexican Grill put/call volume ratio was 0.36 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 1.39. The CMG open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Chipotle Mexican Grill options about one week from expiration was $29.29, 16.8% below the $35.19 close. The CMG max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 40.3%, options price a move of about ±$1.96 (±5.6%) over the next week, a range of roughly $33.23 to $37.15 from the Nov 4, 2026 close. The CMG expected move chart shows it for every expiration date.