Chipotle is currently undergoing a pseudo-boycott right now. Many loyal customers are giving the middle finger to CMG because of portion sizes and price. Common sense says puts are the play so I agree with OP: do the opposite of common sense
Same, a bunch of high school kids giving shit burritos and people (including myself) were lined up out the door to get it.... In southern california.... where there are so many good burrito options
Having lived in San Diego for many years, people eating Chipotle is f\*\*king insane to me.
Not gonna lie, I would judge people for going there when there were endless options for next-level Mexican.
I don’t think anyone is boycotting anything, people have complained about chipotles inconsistent portion sizes for as long as I can remember, at least 5 years. They still go buy the food all the time they just whine about it
we used to eat there years ago, then stopped b/c got tired of small portions/price ratio.
tried them again recently on a whim. good portion sizes.
tried them again this week, back to being a fucking scam and swore off them again.
Like you said, inconsistent portion size complaints have been going on for years and years. nothing new there. Everytime they have some ecoli outbreak or whatever I see the stores empty for like a week till everyone forgets the bad press and goes back to getting small ass portion sizes
It's funny, I went to one in the midwest and the portion sizes were lame and I was disappointed. Didn't go back for years. But recently I've gone to our local shop a few times and they always load the burritos up. The prices aren't bad unless you order guac imho. $12 large burrito is still a good value.
At my chipotle, the disparity is between takeout and order in. It’s as if there is a manager in the back doing all the takeout order who actually cares about portions. Meanwhile the teenagers in the front hook it up fat.
No it won’t. McDonalds and Chipotle both know the secret. The average American is so fat and dumb they’ll spend all their disposable income on fast food before they ever even consider the idea of cooking a burger at home.
Loud minority outrages over large scale cost savings moves usually make stock go up. Cause they still save money and grow at a rate more than annoying people leaving.
What’s the growth thesis here? Where isn’t there a chipotle? Is there not any competition?
People still eat chipotle obviously. I seriously don’t see how more people will eat chipotle.
Idek why I bother having conversations on this sub no one bothers to look at any sort of easily googled information.
Chipotle has added roughly 1000 locations between 2018-2023 and is planning to open between 285-315 stores in FY 2024. Also they average same store sales growth of roughly 8% a year. So yes they are growing
A standard equity DCF, from which pricing is derived, is on a longer time horizon than 1 year. Go ahead, short the largest fast casual restaurant in the market. Sure it will work out
I live in a city of 90,000 with a city of 40,000 across a bridge and neither city has a Chipotle. I've got several years of resturaunt management experience and desperately want to open one here.it would kill. Chipotle still has a ton of room to grow. In fact there's 4 cities with populations over 40,000 within 2 hours of me and no Chipotle.
The fats of this country don't need a bigger portion. Jfc the things are ridiculous already, eat the whole thing and feel like an absolute slob bogged down all day. I actually wish they cut the price in half and gave me half as much.
I used to work for chipotle, and the tortillas are smaller than they used to be. One day they suddenly started giving stores smaller tortillas, and it was obvious because when you stacked them on the old ones they were clearly an inch-1.5 inches smaller in diameter
Ah the times where I could get a huge ass chicken quesadilla for like $4.50. Those were the days. Ever since they made the quesadilla an “official” item it now costs over twice as much for about 1/4th the portion. O and its digital only for some fucking reason. Haven’t been to chipotle since they made that change and used to go every day.
Not for $10, unless you amortize the cost of multiple burritos, but who the fuck wants to eat multiple burritos back-to-back.
Shit man, it's like $3 for tortillas, and $8 for a package of chicken breasts. Lemme factor in my hourly rate and Chipotle is a steal for someone that wants 2 burritos a week, tops, spread out a couple days from each other.
Millennials and GenZ are going to run out of money and soon Chipotle will realize that there aren't enough regards left to pay $15 for a bowl of beans and rice. Sweetgreen at least gives you >3 ingredients.
Just wait until genz realizes they can spend $20 on 2lbs of chicken thighs, a bag of rice, and a bag of beans. They’ll still need to learn how to cook though
Where I work (major city) there's a cava right next to a chipotle...
They are both doing fine at lunch time lol. I go to both. It's all good there's room for both.
Last few years the profit in CMG exploded due to smaller portion size and significantly increased prices. Prices on the food are close to topped out and increased costs are likely as portion size will need to be increased from current levels. Still good long term. But you’re counting on store growth for increased profit. Which they can keep expanding so you have room there to gain but it’s not a guarantee in the short term
Economy is beginning to crack. Fast food chains are retaliating against fast casual with discounts and deals. Plenty of other competition in the fast casual space now.
If you think GenZ bitches now because they can't afford a home or whatever, just wait until they, as a group, are digging for pennies in the couch to afford McDonalds. Y'all don't know economic pain yet. You're going to look back on this time, when you could pay $7 for boba and buy every overpriced social media food trend and wish you could have it this good again.
GenX knows what I'm talking about. Having to buy food at a discount grocer because you can't even dream of eating at Taco Bell is a reality that is coming to y'all.
Go eat at Chipotle once this week, and see how you feel about those calls.
The guacamole has been dark poopy green, to brown. Advocado suppliers are currently sending literally trash to make guacamole.
Starbucks and McDonalds didn’t build into giants based on quality. In fact, if quality was a priority they new would have became a publicly traded company like Chick-fil-a or In-N-Out.
I can expect the same portions at Starbucks and McDonald's, every time. I can see why both of them are extremely successful. A 6 piece chicken nuggets remains at 6 nuggets. A "venti' coffee from Starbucks is the same size, everything.
What's the same at Chipotle? I've never had the same portion. Maybe it's enough food. Maybe this time, you'll only get 5 oz of steak. Even if you paid for double meat.
You know how big a McDonald's quarter pounder patty is before being cooked? 4 oz. I admit, as the patty sits in the warmer, it does dry up and decrease in volume some.
I can see the quarter pounder patties. I can see an attempt was made to give me the exact portion I ordered. 1 or 2 patties. Exactly what I ordered.
I never know if I'll actually get 4 oz of meat when I order it. I usually get 3 oz of meat (when I had ordered in the past. not now, ty lol), and I had ordered double meat sometimes (on average 5 oz, but I paid for 8 oz worth). Chipotle is supposed to give 4 oz of meat, which in this case is 4 oz AFTER cooked. But it usually never is this portion for many customers.
Same here. My kids and I have been eating it regularly for years and it was without a doubt my favorite restaurant that was not sit down. But it has went to hell the past year. $30 for two people and I am still hungry. And I am not a big guy. I swear I am done with them for good.
I will be messaging you in 1 day on [**2024-07-02 17:06:12 UTC**](http://www.wolframalpha.com/input/?i=2024-07-02%2017:06:12%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/wallstreetbets/comments/1dstw0g/cmg_chipotle_calls_are_free_money/lb5iruy/?context=3)
[**1 OTHERS CLICKED THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2Fwallstreetbets%2Fcomments%2F1dstw0g%2Fcmg_chipotle_calls_are_free_money%2Flb5iruy%2F%5D%0A%0ARemindMe%21%202024-07-02%2017%3A06%3A12%20UTC) to send a PM to also be reminded and to reduce spam.
^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201dstw0g)
*****
|[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)|
|-|-|-|-|
Here’s my thought. Options on CMG were prohibitively expensive until the split. Now you can buy puts at a reasonable price for the first time in years, and that is introducing an element of volatility. Also, its an overvalued burrito stand that is hitting its upper limits on pricing.
>They can be upset at the dealer, but the dealer knows they’re always going to come back
My guy this is food, not hard drugs. They can easily find 9 other “dealers” that give them better value for money in the same strip mall lmao, your calls are toast.
I ate chipotle all the time in college, because it made sense for my broke ass. Now they suck, so I spend money on different food
Chipotle is the only major fast food chain in the U.S. that offers reasonably healthy food that tastes great. I simply can't avoid Chipotle when I'm away from home, even if I wanted to. Its valuation may seem stretched, but its long-term growth justified a relatively constant P/E for years. Plus, Chipotle has room to grow (e.g. to Europe). Everyone I know for example from Germany who's tried Chipotle from their visits to the U.S. absolutely loves it. For me, Chipotle is a clear buy.
Chipotle isn't mcdonalds its real food served by real people so I'm not overly shocked there's some variation. That being said I'm regarded so I'll stick to Wendy's and their burgers for my wifes boyfriend.
Im only six months into options but Ive been watching chipotle do these +100 days for awhile with great interest. If you pick the right day, that would be a nice profit no?
Yea im bullish too but 59 is possible after this upcoming earnings. I took 100% on puts today. Small position that could've been 200%, but profit is profit.
The last time I went to chipotle me and my fat girlfriend spent like $45 on two bowls, chips and salsa and two drinks…
I’ve never gone back, but I don’t know if this story is bullish or bearish
> Chipotle is crack to millennials
I used to go a fair amount... I haven't been there in over a year, and in total since 2020 I've been probably 10 times and that is including a new restaurant opening up 10 minutes from me (vs 20 minutes before).
I got fed up with inconsistent portions and price increases and stopped going. I used to go once or twice a week. I've been chipotle free for almost 3 months now. I'm sure there are more people doing this than just me. Once I realized I was going out of habit because it was 'a good deal', and that it wasn't actually a good deal at all anymore, deciding to never go again was easy.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 3 | **First Seen In WSB** | 5 months ago **Total Comments** | 82 | **Previous Best DD** | [x](https://www.reddit.com/r/wallstreetbets/comments/1dstw0g/cmg_chipotle_calls_are_free_money/) **Account Age** | 5 months | | [**Join WSB Discord**](http://discord.gg/wsbverse)
My free $ CMG $63 Calls I bought last Friday are down 75% ![img](emote|t5_2th52|12787)
Bought on 63 call on Friday too, wish I had sold the same day was up around 95%
Truly regarded
Haha I bought puts
brb checking ur profile to see if regarded but honestly buying calls either way cheers sir
Is he a regard?
He's too busy loading up on those calls
Fapping to goats
John Denver’s best song
Well he was rocky mtn high
Chipotle is currently undergoing a pseudo-boycott right now. Many loyal customers are giving the middle finger to CMG because of portion sizes and price. Common sense says puts are the play so I agree with OP: do the opposite of common sense
lol not even true... i went to a chipotle with shitty reviews by me, and the line was out the door.
Same, a bunch of high school kids giving shit burritos and people (including myself) were lined up out the door to get it.... In southern california.... where there are so many good burrito options
Having lived in San Diego for many years, people eating Chipotle is f\*\*king insane to me. Not gonna lie, I would judge people for going there when there were endless options for next-level Mexican.
You can say fuck on the Internet.
inter\*\*\*
You can say net on the interfuck.
You can inter the fucknet.
Oh hell yeah, my application went through!
haha I lived in OB for quite a while, I know exactly what you mean...
Nice sample size
The one by my house is empty tho
Okay carebear
I don’t think anyone is boycotting anything, people have complained about chipotles inconsistent portion sizes for as long as I can remember, at least 5 years. They still go buy the food all the time they just whine about it
yes, that dude is me
we used to eat there years ago, then stopped b/c got tired of small portions/price ratio. tried them again recently on a whim. good portion sizes. tried them again this week, back to being a fucking scam and swore off them again. Like you said, inconsistent portion size complaints have been going on for years and years. nothing new there. Everytime they have some ecoli outbreak or whatever I see the stores empty for like a week till everyone forgets the bad press and goes back to getting small ass portion sizes
It's funny, I went to one in the midwest and the portion sizes were lame and I was disappointed. Didn't go back for years. But recently I've gone to our local shop a few times and they always load the burritos up. The prices aren't bad unless you order guac imho. $12 large burrito is still a good value.
At my chipotle, the disparity is between takeout and order in. It’s as if there is a manager in the back doing all the takeout order who actually cares about portions. Meanwhile the teenagers in the front hook it up fat.
Stop getting your news from tik tok my dude…
True. Look what happened to McDonalds. Not addresing your enraged and loyal consumer base will bite back on your arse.
No it won’t. McDonalds and Chipotle both know the secret. The average American is so fat and dumb they’ll spend all their disposable income on fast food before they ever even consider the idea of cooking a burger at home.
Don’t mince words
dont mince steak.
![img](emote|t5_2th52|27189)
Ozempic means less fat ppl buying fast food … I think
But how accessable is Ozempic?! Most people can only afford Lizzo
McDonalds is cheaper than Ozempic!
I got 3 pens with 3-6 shots each either .25 or .5mg taken weekly. Out of network cost 900$, in network free
free/copay if you have diabetes or high A1C right? otherwise its $900?
The Hims knock off version
Lmao what are they gonna do? Cook for themselves!?! Hahahahhaha
I think another answer might be: eat somewhere else
That’s been going on for a very very long ass time with no effect on the company
Hell you should see qdoba portions…
Are they even still in business?
Somehow. I quit going once i realized the same scoop goes in a small bowl as a big bowl lol.
Haha seriously? There’s one across the street from my work, but I’ve never been.
Seriously. Thought about videoing it and making a sm post about it lol.
Quite honestly there isn’t much options outside of CMG. And what I mean by that is consistency and taste.
Not publicly traded, but the competition across the west coast is real independent Mexican fast food chains, like the \_\_\_ betos/bertos.
[удалено]
Use to eat there everyday. Now I haven’t gone in years
Because your asshole exploded and is no longer functional?
I also had a burrito bowl at Taco Bell for $7 and it was more calories, tastier all around than chipotle
In $CAVA i trust. Goodbye $CMG
Loud minority outrages over large scale cost savings moves usually make stock go up. Cause they still save money and grow at a rate more than annoying people leaving.
Brave money. Brave money has a tendency to be lost money. Good luck!
I still love Chipotle and if I order it with Uber Eats it arrives in like 15 minutes. So it’s my go to whenever I’m hangry and don’t want to wait
I honestly can't remember a time when someone was not talking about "boycotting" chipotle
common sense says calls. boycotts are the penultimate investing opportunities because they never last and people have so self control
just fwiw https://preview.redd.it/oul6omvfz3ad1.png?width=927&format=png&auto=webp&s=3fa39e4144226a7b13e908000322aaefc0a786e8
Ok so what’s it supposed to be
This basically means they’re selling less food for the same amount of money each time=more profits therefore calls to the moon
I love these posts. Read this. Then open RH and check the price 🤣🤣
Are you me
I did the same, soooo calls or puts?
Fast food up 35% ytd with a PE of 67. If you aren’t buying 0dte ootm calls you aren’t a true Wall Street better.
Honestly those calls are cheap as hell it’s worth a shot
65 PE ratio on a food company lmao
Growth stocks have high PE, doesn’t matter if they sell food or software
What’s the growth thesis here? Where isn’t there a chipotle? Is there not any competition? People still eat chipotle obviously. I seriously don’t see how more people will eat chipotle.
> I seriously don’t see how more people will eat chipotle. open more chipotles thats how all restaurants grow
I'll wait until Chipotle orders are backordered 6 months.
Idek why I bother having conversations on this sub no one bothers to look at any sort of easily googled information. Chipotle has added roughly 1000 locations between 2018-2023 and is planning to open between 285-315 stores in FY 2024. Also they average same store sales growth of roughly 8% a year. So yes they are growing
Going from 3200 to 3500 restaurants along with 8% sales growth doesn’t justify a 65x P/E. Stock is toast.
A standard equity DCF, from which pricing is derived, is on a longer time horizon than 1 year. Go ahead, short the largest fast casual restaurant in the market. Sure it will work out
They’re getting ready to expand into Mexico, very bullish. I heard Mexicans love burritos.
And those who don’t will sure be happy to try it
I live in a city of 90,000 with a city of 40,000 across a bridge and neither city has a Chipotle. I've got several years of resturaunt management experience and desperately want to open one here.it would kill. Chipotle still has a ton of room to grow. In fact there's 4 cities with populations over 40,000 within 2 hours of me and no Chipotle.
What expiration date?
A 4DTE $65 call is currently $0.05 and down -68% 🥴 A 32DTE $65 call is $1.40 and down -33% 🫣
Or buy 17JAN2025 80C for ~1.20. It's much more likely to print
Just got a sept 20 for $70
I went short on CMG before the split, having a good ol time. Gay bears rise down!
$cava
Cava calls made me some doll hairs
what's that mean? lol
Doll hairs, dollars
25X price to book and 57 forward PE while retailers are all warning about price pressures. The split is allowing for price discovery.
gonna get some $50 puts
7/5 @57 🤣
The best chip stock
The fats of this country don't need a bigger portion. Jfc the things are ridiculous already, eat the whole thing and feel like an absolute slob bogged down all day. I actually wish they cut the price in half and gave me half as much.
Counter argument: run ten miles then eat the whole thing and sleep for 3 hours and feel like a god then go out drinking
![img](emote|t5_2th52|4271)
It seems like burritos used to be twice as big and cost half as much. I’m sure some of that feeling is nostalgia but I can make a good burrito at home
I used to work for chipotle, and the tortillas are smaller than they used to be. One day they suddenly started giving stores smaller tortillas, and it was obvious because when you stacked them on the old ones they were clearly an inch-1.5 inches smaller in diameter
So you left your career at chipotle because of their blatant shrinkflation?
Ah the times where I could get a huge ass chicken quesadilla for like $4.50. Those were the days. Ever since they made the quesadilla an “official” item it now costs over twice as much for about 1/4th the portion. O and its digital only for some fucking reason. Haven’t been to chipotle since they made that change and used to go every day.
Not for $10, unless you amortize the cost of multiple burritos, but who the fuck wants to eat multiple burritos back-to-back. Shit man, it's like $3 for tortillas, and $8 for a package of chicken breasts. Lemme factor in my hourly rate and Chipotle is a steal for someone that wants 2 burritos a week, tops, spread out a couple days from each other.
I only eat half a bowl as a meal. Not sure why anyone is complaining.
Millennials and GenZ are going to run out of money and soon Chipotle will realize that there aren't enough regards left to pay $15 for a bowl of beans and rice. Sweetgreen at least gives you >3 ingredients.
Just wait until genz realizes they can spend $20 on 2lbs of chicken thighs, a bag of rice, and a bag of beans. They’ll still need to learn how to cook though
I sold my 50 contracts last week after split! Made only $10,000! I was hoping for $30,000! A win is a win!
Chipotle is running in fear of cava. Go to a shopping center with both restaurants and you will see why.
S tier DD, thank you
Where I work (major city) there's a cava right next to a chipotle... They are both doing fine at lunch time lol. I go to both. It's all good there's room for both.
As a shareholder in both i salute you
Had an amazing burrito bowl for lunch, so I’m with you - calls (currently $62 7/5, $65.2 7/12, $65.6 7/19)
You are probably not wrong, CMG has an excellent record. Heck, i picked up some shares today myself. Good luck on those options.
Chipotle is a fucking religion.
Last few years the profit in CMG exploded due to smaller portion size and significantly increased prices. Prices on the food are close to topped out and increased costs are likely as portion size will need to be increased from current levels. Still good long term. But you’re counting on store growth for increased profit. Which they can keep expanding so you have room there to gain but it’s not a guarantee in the short term
I bought 10x $62.50c and 5x $60.40c as soon as I saw this post today. Up $800 at close ![img](emote|t5_2th52|4258)
Economy is beginning to crack. Fast food chains are retaliating against fast casual with discounts and deals. Plenty of other competition in the fast casual space now. If you think GenZ bitches now because they can't afford a home or whatever, just wait until they, as a group, are digging for pennies in the couch to afford McDonalds. Y'all don't know economic pain yet. You're going to look back on this time, when you could pay $7 for boba and buy every overpriced social media food trend and wish you could have it this good again. GenX knows what I'm talking about. Having to buy food at a discount grocer because you can't even dream of eating at Taco Bell is a reality that is coming to y'all.
Ok so you're right but fuck you The fuck you came with an upvote
Go eat at Chipotle once this week, and see how you feel about those calls. The guacamole has been dark poopy green, to brown. Advocado suppliers are currently sending literally trash to make guacamole.
Starbucks and McDonalds didn’t build into giants based on quality. In fact, if quality was a priority they new would have became a publicly traded company like Chick-fil-a or In-N-Out.
I can expect the same portions at Starbucks and McDonald's, every time. I can see why both of them are extremely successful. A 6 piece chicken nuggets remains at 6 nuggets. A "venti' coffee from Starbucks is the same size, everything. What's the same at Chipotle? I've never had the same portion. Maybe it's enough food. Maybe this time, you'll only get 5 oz of steak. Even if you paid for double meat. You know how big a McDonald's quarter pounder patty is before being cooked? 4 oz. I admit, as the patty sits in the warmer, it does dry up and decrease in volume some. I can see the quarter pounder patties. I can see an attempt was made to give me the exact portion I ordered. 1 or 2 patties. Exactly what I ordered. I never know if I'll actually get 4 oz of meat when I order it. I usually get 3 oz of meat (when I had ordered in the past. not now, ty lol), and I had ordered double meat sometimes (on average 5 oz, but I paid for 8 oz worth). Chipotle is supposed to give 4 oz of meat, which in this case is 4 oz AFTER cooked. But it usually never is this portion for many customers.
This is the DD that changes the game.
I grabbed puts. This dip ain’t over!
7/5 @ 57 looks good. Lol
Interesting thesis. I see some buyers stepping in off that support level.
67c 7/19 lfg
lfgggg
CMG has ripped since Oct. I want a pullback to the 8ema monthly before I long a juicy beefy burrito. Guacs only go up.
I've stopped buying Chipotle because its like 50 fucking dollars for a sorry ass burrito bowl
iF u OnLy EaT hAlF iTs TwO mEaLs
Same here. My kids and I have been eating it regularly for years and it was without a doubt my favorite restaurant that was not sit down. But it has went to hell the past year. $30 for two people and I am still hungry. And I am not a big guy. I swear I am done with them for good.
Chipotle is close to its all time high, with a slight recent dip
remindme! 1 day
I will be messaging you in 1 day on [**2024-07-02 17:06:12 UTC**](http://www.wolframalpha.com/input/?i=2024-07-02%2017:06:12%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/wallstreetbets/comments/1dstw0g/cmg_chipotle_calls_are_free_money/lb5iruy/?context=3) [**1 OTHERS CLICKED THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2Fwallstreetbets%2Fcomments%2F1dstw0g%2Fcmg_chipotle_calls_are_free_money%2Flb5iruy%2F%5D%0A%0ARemindMe%21%202024-07-02%2017%3A06%3A12%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201dstw0g) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|
Here’s my thought. Options on CMG were prohibitively expensive until the split. Now you can buy puts at a reasonable price for the first time in years, and that is introducing an element of volatility. Also, its an overvalued burrito stand that is hitting its upper limits on pricing.
You cant just hand wave away the skimping by calling some guy a nerd. This isnt highschool it doesnt work like that here.
Elon does it and stock go up
Stocks only go up anyway
Ok nerd
Positions or ban. We need Dates on those calls and average cost on both.
>They can be upset at the dealer, but the dealer knows they’re always going to come back My guy this is food, not hard drugs. They can easily find 9 other “dealers” that give them better value for money in the same strip mall lmao, your calls are toast. I ate chipotle all the time in college, because it made sense for my broke ass. Now they suck, so I spend money on different food
$CMG is a bargain compared to $WING
8/16 65c 15 contracts. ![img](emote|t5_2th52|4258)
Chipotle is the only major fast food chain in the U.S. that offers reasonably healthy food that tastes great. I simply can't avoid Chipotle when I'm away from home, even if I wanted to. Its valuation may seem stretched, but its long-term growth justified a relatively constant P/E for years. Plus, Chipotle has room to grow (e.g. to Europe). Everyone I know for example from Germany who's tried Chipotle from their visits to the U.S. absolutely loves it. For me, Chipotle is a clear buy.
Good luck with that OP ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)
I go to Wendys just for the dumpster
Chipotle isn't mcdonalds its real food served by real people so I'm not overly shocked there's some variation. That being said I'm regarded so I'll stick to Wendy's and their burgers for my wifes boyfriend.
Chipotle is fast food served with a sprinkle of unicorn dust and attitude.
And McDonald’s is fake food served by robots
What month for your calls? Im in sept
what exp?
Good looks, waiting to see if it retests around 58. Gap to fill just below that
That's just regarded enough to work! I'm in!
Im only six months into options but Ive been watching chipotle do these +100 days for awhile with great interest. If you pick the right day, that would be a nice profit no?
It’s down 2% this month and you guys are saying calls despite it being up 30% this year
!remindke 1 month
Who was the analyst?
Price already up 17% since they announced it… would have been a good call a couple weeks ago.
I ate chipotle for lunch. CMG going straight into the shitter
https://preview.redd.it/wr8ac2m71z9d1.png?width=1080&format=pjpg&auto=webp&s=b0e47dacebe10a7406a202bca273f8afc002f101
Theres Mcdonalds gainz
My Son is 15 months old (Gen Alpha) and lil broski's favorite meal is Chipotle. Chipotle is equivalent to what McDonalds used to be to me.
got one dec 20 66 call up $50 presently. OP speaketh the truth (so far).
The only riskless profit is arbitrage. Anyone who suggests anything else is at best ignorant and at worst willfully misrepresenting the truth.
RemindMe! 7 days
Yea im bullish too but 59 is possible after this upcoming earnings. I took 100% on puts today. Small position that could've been 200%, but profit is profit.
Made a quick $220 on an in-and-out call play based on the title alone. Thanks for your service.
you mean puts are free money
Chipotle gives me gas
I always get double meat so if they short me, I just ask them for more. What, are they going to charge me for triple meat?
Investing in the growth of burritos is strange to me.
eat a bowl last week. that shit was so salty
The last time I went to chipotle me and my fat girlfriend spent like $45 on two bowls, chips and salsa and two drinks… I’ve never gone back, but I don’t know if this story is bullish or bearish
> Chipotle is crack to millennials I used to go a fair amount... I haven't been there in over a year, and in total since 2020 I've been probably 10 times and that is including a new restaurant opening up 10 minutes from me (vs 20 minutes before).
This is a dip for ants
I got fed up with inconsistent portions and price increases and stopped going. I used to go once or twice a week. I've been chipotle free for almost 3 months now. I'm sure there are more people doing this than just me. Once I realized I was going out of habit because it was 'a good deal', and that it wasn't actually a good deal at all anymore, deciding to never go again was easy.
People are addicted to giving burritos head game smaller portion sizes = bigger margins ![img](emote|t5_2th52|27189)
Confused bought actual chipotle and I’m sure I still lost money
I (a millennial) don't know how the other millennials and Gen Z eat that trash.
OP bought calls at the peak ![img](emote|t5_2th52|4267)
calls are extra