Chipotle Non Grata

Chipotle continues to head lower.  The stores are Ecoli clear - but the stock smells.  At best this is just another buyable pull back and if it mirrors 2012 the stock could head under $400 before bouncing.  The growth story is on hold for now, and it may never come back.

Puts are already on the move with next weeks puts seeing some 100% gains from Friday's close.

Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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