Chipotle Mexican Grill In... (CMG)
NYSE: CMG
· Real-Time Price · USD
38.63
-0.33 (-0.85%)
At close: Sep 12, 2025, 3:59 PM
38.67
0.12%
After-hours: Sep 12, 2025, 07:58 PM EDT
CMG Delta Exposure By Expiry
The total Delta Exposure (DEX) for CMG across all expirations shows -5,175,574.85 net shares that market makers must hedge, with 4,430,744.29 from calls and 9,606,319.14 from puts. The put-call delta ratio of 2.17 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
CMG DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 238,025.79 | -1,985,230.94 | -1,747,205.15 | 8.34 |
| Sep 26, 25 | 91,776.57 | -92,860.17 | -1,083.6 | 1.01 |
| Oct 3, 25 | 51,801.99 | -55,879.99 | -4,078 | 1.08 |
| Oct 10, 25 | 25,983.71 | -41,712.98 | -15,729.27 | 1.61 |
| Oct 17, 25 | 400,724.98 | -990,019.75 | -589,294.77 | 2.47 |
| Oct 24, 25 | 51,660.44 | -274,590.43 | -222,929.99 | 5.32 |
| Oct 31, 25 | 9,310.73 | -19,244.11 | -9,933.38 | 2.07 |
| Nov 21, 25 | 471,730.57 | -785,291.15 | -313,560.58 | 1.66 |
| Dec 19, 25 | 236,660.26 | -509,735.58 | -273,075.32 | 2.15 |
| Jan 16, 26 | 1,048,490.83 | -2,601,688.41 | -1,553,197.58 | 2.48 |
| Feb 20, 26 | 16,453.95 | -21,089.32 | -4,635.37 | 1.28 |
| Mar 20, 26 | 292,464.2 | -401,861.56 | -109,397.36 | 1.37 |
| Jun 18, 26 | 423,826.9 | -507,099.11 | -83,272.21 | 1.20 |
| Sep 18, 26 | 134,936.58 | -116,336.97 | 18,599.61 | 0.86 |
| Dec 18, 26 | 431,384.66 | -835,145.99 | -403,761.33 | 1.94 |
| Jan 15, 27 | 505,512.13 | -368,532.68 | 136,979.45 | 0.73 |