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Actionable news in CMG: CHIPOTLE MEXICAN GRILL Inc,

Here’s why traders are expecting a huge move when Chipotle reports earnings

Chipotle shares are down 8 percent in the past week after reports of a Norovirus outbreak in a Virginia restaurant and mice sightings in Dallas sent investors fleeing from the stock.

According to Mike Khouw of Optimize Advisors, there has been a huge spike in unusual activity in the options market after the incidents. "We have seen four or five times the average daily volume most of those days, [and] probably two or three times the pre-scare volume [on Monday]."

The troubled burrito giant was...