Wednesday 4 September 2013

Setup for 5-Sep-13 $CMG

Chipotle Mexican Grill - Tomorrow I will be looking at CMG as a bullish play.  With the daily squeeze looking to fire long and support at $401 I will be looking to sell put premium.  A move closer to the trend line will be a great spot for me to enter the trade.
The Trade - Sell the 400/395 PCS

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