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Consumer Discretionary · Consumer

CMG Implied Volatility, IV Rank & Options Chain

Chipotle Mexican Grill (CMG) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Chipotle Mexican Grill (CMG).

Updated Reference data

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On this page
  1. Key facts
  2. Company overview
  3. Options market
  4. Volatility profile
  5. GEX analysis
  6. Common strategies
  7. FAQ

CMG options trade with implied volatility typically in the 22% - 45% range, averaging N/A in daily volume with very good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

CMG implied volatility

As of 2026-10-26

As of 2026-10-26, CMG's 30-day implied volatility is 48.5%, placing its 1-year IV percentile at 77.0 — above 77.0% of the past year's daily IV readings, an elevated, premium-selling regime favoring credit spreads, iron condors and short strangles.

48.5%30-day IV
77.01-year IV rank

CMG live chain, Greeks and GEX

Terminal

Every figure above is reference data. The live CMG chain, its Greeks, the gamma profile and the flow tape update through the session inside the Terminal.

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CMG options at a glance

Daily volume
N/A
IV range
22% - 45%
Bid-ask spread
N/A
Expirations
Weekly, monthly, LEAPS
Open interest
N/A
Next earnings
See earnings calendar
Very GoodLiquidity
22% - 45%IV Range
YesWeeklies

About Chipotle Mexican Grill (CMG)

Chipotle Mexican Grill (CMG) is a restaurants company listed on NYSE.

Company profile

Sector
Consumer Discretionary
Industry
Restaurants
Market cap
See live data
Exchange
NYSE

Key dates

Next earnings
See earnings calendar
Earnings frequency
Quarterly
Dividend schedule
See company page
Fiscal year end
December

Chipotle Mexican Grill is a Restaurants) company in the Consumer Discretionary sector.

ApexVol Terminal

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Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

  • Live chains and Greeks
  • IV rank and percentile
  • Expected move and GEX
  • Screener and strategy P&L
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CMG options market overview

CMG options provide trading opportunities for options traders.

Average daily volume
N/A
Total open interest
N/A
Put/call ratio
N/A
Typical ATM spread
N/A
Weekly options
Available
LEAPS available
Yes

Liquidity assessment: Very Good

CMG options provide trading opportunities across multiple expirations.

CMG implied volatility and IV rank

CMG implied volatility patterns reflect the restaurants sector dynamics.

22% - 27%Low IV, below average
27% - 39%Typical, normal conditions
39% - 45%Elevated, above average

Earnings impact

IV typically expands before earnings and contracts after the announcement.

The move options are pricing for the next report, and how the last 12 went: CMG earnings expected move.

The post-earnings volatility drop is known as IV crush. Holders of short CMG options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

CMG IV generally trades near historical volatility, with premiums expanding around earnings.

Term structure

Typically upward sloping under normal conditions.

The smile, the term structure and the cone for CMG, on today's chain.

Open CMG in IV Intelligence

CMG gamma exposure (GEX)

Gamma Exposure analysis for CMG reveals dealer hedging dynamics at key strike levels.

  • Typical GEX profile. CMG tends to operate in a positive gamma environment during normal conditions.
  • Key levels.
  • Dealer hedging.

Where the gamma sits on CMG right now, strike by strike.

See live CMG GEX

Common CMG options strategies

These are strategies commonly used by traders on CMG options, based on typical market characteristics. This is not investment advice.

Key considerations for CMG options

  • Monitor CMG earnings dates for IV expansion/contraction patterns
  • Consider the stock's beta when sizing options positions
  • CMG options liquidity varies by expiration - prefer near-term and monthly expirations

CMG key events

Earnings months. January, April, July, October

CMG options data by API, or in Claude

Every number on this page is one request away. The implied volatility API returns CMG's IV rank and percentile, the gamma exposure API its dealer positioning by strike, and the chain API every strike with Greeks. Connected to the ApexVol MCP server, Claude, Cursor or ChatGPT can ask for them in plain English.

GET /api/mcp/data/iv-rank/CMGBearer token, JSON back
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
     "https://apexvol.com/api/mcp/data/iv-rank/CMG"
In Claudethrough the MCP server
You

What is CMG's IV rank right now, and where is its gamma flip?

Claude calls get_iv_rank and get_gex

Try GEX on CMG in the console, more prompts for CMG, or set the server up in Claude Desktop, Claude Code, Cursor or ChatGPT.

Written by
ApexVol Research Team
Quantitative options research. All calculations use live institutional-grade data — the same source professional volatility desks use.
Reviewed by
Ryan Silk, ApexVol Founder
Reviewed for technical accuracy. 10+ years trading options; built ApexVol's pricing engine, Greeks model and IV-rank methodology.

Revised as market conditions and institutional data change. Last revised 2026-10-26. How we research →

Track this name's volatility weekly. The week's biggest IV movers and the expected earnings moves, straight from the data.

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Questions

Frequently asked
about CMG options.

What is CMG's typical implied volatility?

CMG implied volatility typically ranges from 22% - 45%. IV patterns are influenced by earnings, sector events, and market conditions.

Does CMG have weekly options?

Yes, CMG offers weekly options expirations.

What is CMG's options trading profile?

CMG (Chipotle Mexican Grill) options trade with very good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 22% - 45% range. The position sits in the Consumer Discretionary category for portfolio diversification and options strategy design.

How does CMG implied volatility behave around earnings?

IV typically expands before earnings and contracts after the announcement. Next scheduled earnings: See earnings calendar. Traders often size short premium positions for the post-earnings IV crush, while long premium buyers should be aware that the IV decline can outweigh small directional moves.

What options strategies work well on CMG?

Popular strategies on CMG options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 22% - 45% typical range, days to next earnings, and the trader's directional outlook. Higher IV regimes favour premium-selling strategies; lower IV regimes favour directional debit spreads or long premium plays.

What is CMG's gamma exposure (GEX)?

Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence CMG's intraday price action. CMG tends to operate in a positive gamma environment during normal conditions. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live CMG GEX levels and the gamma-flip point on ApexVol.

What is CMG's IV rank?

CMG's IV rank shows where CMG's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. CMG implied volatility typically ranges from 22% - 45%. Check CMG's live IV rank and percentile on ApexVol's IV analytics.

Reference data reads well.
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