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I’d like to raise an unopened bottle of cumin in celebration of the fall of Chipotle, which is a stock I used to treat like Kryptonite. After the recent trendline failure, I decided to give it a shot and bought September $60 puts. They’re up 50% already, and I’m anticipating much better returns.
Wow, I wish I’d gotten aboard this one. This has lost about 60% of its value in merely nine months.
