CBOE Cboe Global Markets, Inc.
BATS
335.53
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
CBOE
$335.53
—
Key stats
$335.53
- 52-Week Range
- $227.15 – $371.18
- YTD
- +35.23%
- IV Rank (30D)
- 58.39
- Straddle Price
- $28.95
- P/C Vol Ratio
- 1.05
- Market Cap
- $32.8B
- Open
- $322.99
- Day Range
- $320.01 – $342.86
- Volume
- 2,459,772
- Prev Close
- $314.25
Fair Value
MODEL: NEUTRAL
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 4.99% |
| Beta vs SPY | 0.50 |
| Cost of Equity (CAPM) | 7.49% (VRP-adj) |
| WACC | 7.51% |
| Volatility Risk Premium | +7.3pp (IV − HV30) |
| Effective Tax Rate | 28.5% |
| Rev. Growth (YoY, DCF input) | +26.4% |
| DCF Horizon | 12 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.10 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $1.9B |
| Return on Equity (TTM) | 23.9% |
| Book / Price | 17.1% |
| Gross Margin (TTM) | 54.1% |
| FCF Margin (TTM) | 37.0% |
| Debt / Equity | 0.14 |
| Quality Score | 5/6 — high quality (12y DCF) |
| Market-Implied Growth | -0.4% (reverse-DCF on current price) |
| SMA 50 | $293.78 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $306.15 |
| Bollinger Width / SMA20 | 8.2% (drives anchor stability) |
| Net Debt | $-1.5B |
| Market Cap | $33B |
Peers used for multiples: CME, COIN, GS, ICE, LPLA, MS, NDAQ, TW
60-Day Conviction
23%
20-Day Fair Value
≈ by Nov 30, 2026
$336.31
α +0.2%
rank 60%
conviction
15%
40-Day Fair Value
≈ by Dec 29, 2026
$336.82
α +0.4%
rank 46%
conviction
13%
60-Day Fair Value
≈ by Jan 27, 2027
$337.63
α +0.6%
rank 48%
conviction
23%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $1795.67 | 19% | |
| DDM (Gordon) | $163.75 | 0% | |
| Peer P/E | $305.97 | 9% | median 21.7× · 7 peers |
| Peer EV/EBITDA | $444.94 | 9% | median 21.6× · 8 peers |
| Peer P/B | $185.70 | 2% | median 3.5× · 8 peers |
| Peer P/S | $326.17 | 6% | median 6.2× · 8 peers |
| Market Anchor (SMA50) | $293.78 | 38% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | $316.79 | 19% | 41 strikes · skew +0.35 |
As of 2026-10-30 · updated
Related
About
- Industry (SIC)
- SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES (6200) · industry map
- Exchange
- BATS
- Market Cap
- $32.8B
- Employees
- 1,661
- List Date
- 2010-06-15
- CIK
- 0001374310
- Headquarters
- Chicago, IL
- Homepage
- https://www.cboe.com
Founded in 1973, Cboe controls the largest option exchange in the US, which provides around 60% of the firm's revenue. The company is best known for its proprietary S&P 500 and VIX index options, which it offers through an exclusive contract with S&P Global. The firm moved into US and European equities through the $3.4 billion acquisition of BATS in 2017. Cboe has continued to look to expand internationally, using acquisitions to build a presence in both Canada and Australia.
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -0.95% | -7.73% | -2.73% | 3.17% | 4.02% | 6.83% | 0.43% |
| Feb | 4.22% | -1.35% | 2.54% | 3.94% | 0.60% | 13.56% | 3.92% |
| Mar | -1.62% | -2.37% | 5.94% | -1.76% | 5.27% | -5.52% | -0.01% |
| Apr | 3.48% | -3.31% | 3.82% | -0.40% | -1.44% | 7.06% | 1.53% |
| May | 4.25% | 0.31% | -4.27% | -3.84% | 3.58% | 2.02% | 0.34% |
| Jun | 7.61% | 0.68% | 3.30% | -2.82% | 0.91% | -19.38% | -1.62% |
| Jul | -0.03% | 7.59% | 1.66% | 6.74% | 3.90% | 24.58% | 7.41% |
| Aug | 4.53% | 1.24% | 7.05% | 10.58% | -4.78% | 0.80% | 3.24% |
| Sep | -2.69% | -3.18% | 3.89% | -3.74% | 5.77% | -10.51% | -1.74% |
| Oct | 6.89% | 5.39% | 4.52% | 1.73% | 1.68% | 21.05%* | 6.88% |
| Nov | -3.54% | -0.40% | 9.96% | 2.79% | 4.56% | -- | 2.67% |
| Dec | 2.60% | -1.06% | -0.94% | -7.79% | -1.68% | -- | -1.77% |
| Total | 26.82% | -4.95% | 39.64% | 7.42% | 24.13% | 37.30% | 21.73% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $309.36
SMA 50: $294.61
SMA 200: $292.52
Current: $335.53
EMA 12: $319.59
EMA 26: $307.60
MACD: 11.9825 | Signal: 1.3407
BULLISH
ADX (14): 30.83
TREND
+DI: 32.74
−DI: 17.30
Momentum Oscillators
RSI (14): 63.88
NEUTRAL
Stoch %K: 62.62
Stoch %D: 65.05
Williams %R: -14.48
Volume & Volatility
BB Upper: $346.07
BB Lower: $272.65
NEUTRAL
OBV: 19,312,914
Vol SMA 20: 1,287,453
Vol ROC: 112.50%
ATR: $12.78
True Range: $28.61
HV 20: 43.2%
HV 30: 42.9%
HV 60: 39.7%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-01T00:00:00 – 2026-10-30T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary Overall assessment: NEUTRAL with confidence level (6/10) Key drivers: Technical momentum, recent positive news headlines Primary risks: Volatility regime shift, potential gamma squeeze Investment thesis: CBOE Global Markets is a mid-cap stock with a stable trend, driven by positive technical indicators and recent news sentiment. The company's efforts to launch extended hours for single-stock options may contribute to increased volatility and trading activity. Recent news sentiment impact: Positive news headlines (Cboe Global Markets to Launch Extended Hours) have contributed to the stock's stability and momentum.
Technical Analysis Trend Direction: * Short-term (1-4 weeks): NEUTRAL * Medium-term (1-3 months): UPTRENDING * Long-term (3-12 months): RANGE-BOUND
Support/Resistance Levels: * Upper: $308.21 * Middle: $289.17 * Lower: $270.13
Momentum Signals:
* RSI interpretation: Neutral, at 56.65 (not overbought or oversold)
* MACD signal: Bullish momentum, above signal line
* Bollinger Bands position: Neutral, with no clear indication of trend reversal
Volume Analysis: * Volume SMA 20: 964964.40 * On-Balance Volume (OBV): 15404984.09 * Volume Rate of Change: -85.10% (indicating a potential shift in volume patterns)
News & Sentiment Analysis Recent Headlines Summary: The news headlines highlight Cboe Global Markets' efforts to launch extended hours for single-stock options, which may lead to increased trading activity and volatility.
Sentiment Assessment: Positive sentiment dominates with 4 out of 6 articles having a positive tone.
Catalyst Identification: The upcoming launch of extended hours for single-stock options could be a catalyst for the stock's price movement.
Market Narrative: The news headlines align with the technical momentum, supporting the notion that CBOE Global Markets is in an uptrend.
Risk & Volatility Assessment Beta Interpretation: -0.34 (vs SPY), indicating inverse correlation between the stock and market.
Volatility Regime: Historical volatility is relatively high compared to current levels.
Options Market Signals: * IV rank: 40.3% (Medium) * Current IV: 41.3% * Expected Move: $21.70 * Volume Flow: 13 calls vs 29 puts * Open Interest: 59 calls vs 36 puts
Downside Protection: Support levels are at $270.13 and $289.17, providing potential downside protection.
Market Context & Positioning Sector Performance: CBOE Global Markets is outperforming the broader market sector.
Institutional Activity: Volume patterns suggest institutional interest, with a slight increase in buying activity.
Correlation Analysis: * R-squared interpretation: 0.45 (medium correlation between stock and market)
Relative Valuation: The stock is positioned within its trading range, with no clear indication of overselling or overbuying.
Key Levels & Action Items Critical Price Levels:
- Support: $270.13
- Resistance: $308.21
Breakout/Breakdown Levels: * Upper: $308.21 (potential breakout) * Lower: $270.13 (potential breakdown)
Time-Sensitive Catalysts: Earnings dates, product launches, and regulatory changes could be catalysts for the stock's price movement.
Risk Management: Stop-loss levels should be set at $275.90 (SMA 50) to manage potential downside risks.
Note: This analysis is based on the provided data and does not contain buy or sell advice. It aims to provide a comprehensive risk/reward assessment of CBOE Global Markets' stock performance.
Generated
News
All CBOE news →
Record 0DTE options volume and DataVantage growth drove net revenue up 18% in the quarter.
Showing 1–10 of 16
Page 1 of 2
Earnings History
14 of 24 under expected move
Avg Expected Move
2.99%
Avg Actual Move
3.03%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-02-05 | Pre-Market | 3.14% | 5.85% | 1.86x | Exceeded |
| 2021-04-30 | Pre-Market | 2.78% | 1.00% | 0.36x | Within |
| 2021-07-30 | Pre-Market | 3.67% | 2.17% | 0.59x | Within |
| 2021-10-29 | Pre-Market | 2.55% | 0.59% | 0.23x | Within |
| 2022-02-04 | Pre-Market | 3.09% | 3.06% | 0.99x | Within |
| 2022-04-29 | Pre-Market | 3.36% | 1.99% | 0.59x | Within |
| 2022-07-29 | Pre-Market | 2.27% | 1.82% | 0.80x | Within |
| 2022-11-04 | Pre-Market | 2.84% | 2.72% | 0.96x | Within |
| 2023-02-03 | Pre-Market | 2.50% | 2.85% | 1.14x | Exceeded |
| 2023-05-05 | Pre-Market | 3.68% | 0.36% | 0.10x | Within |
| 2023-08-04 | Pre-Market | 3.24% | 3.97% | 1.23x | Exceeded |
| 2023-11-03 | Pre-Market | 2.26% | 4.12% | 1.82x | Exceeded |
| 2024-02-02 | Pre-Market | 2.81% | 1.06% | 0.38x | Within |
| 2024-05-03 | Pre-Market | 3.00% | 3.19% | 1.06x | Exceeded |
| 2024-08-02 | Pre-Market | 2.65% | 4.33% | 1.63x | Exceeded |
| 2024-11-01 | Pre-Market | 3.54% | 1.67% | 0.47x | Within |
| 2025-02-07 | Pre-Market | 2.67% | 2.01% | 0.75x | Within |
| 2025-05-02 | Pre-Market | 2.75% | 2.34% | 0.85x | Within |
| 2025-08-01 | Pre-Market | 2.97% | 2.80% | 0.94x | Within |
| 2025-10-31 | Pre-Market | 2.49% | 3.73% | 1.50x | Exceeded |
| 2026-02-06 | Pre-Market | 2.25% | 0.70% | 0.31x | Within |
| 2026-05-01 | Pre-Market | 2.59% | 8.95% | 3.46x | Exceeded |
| 2026-07-31 | Pre-Market | 4.47% | 4.62% | 1.03x | Exceeded |
| 2026-10-30 | Pre-Market | 4.22% | 6.77% | 1.60x | Exceeded |
Earnings calendar: this week’s reports with expected vs actual moves →
CBOE Options Activity & IV Rank
CBOE IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 38.9%
7-DTE IV: 42.0%
Expected Move: $28.95
7-DTE Move: $15.75
Days to Exp: 28 (2026-11-27)
Options Flow
Call Volume: 106
Put Volume: 111
P/C Volume: 1.047
NEUTRAL
Call OI: 135
Put OI: 62
P/C OI: 0.459
Total OI: 197
ATM Options Pricing
ATM Call: $14.75
ATM Put: $14.20
Call %: 4.4%
Put %: 4.2%
Chain Summary
Chain Volume: 7,475
Chain OI: 51,141
Last Updated: 10/30/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 63rd percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
63%
vs own history
GEX tilt
+0.49
OI-weighted, today
Vanna tilt
+0.33
δ-sensitivity to IV
Charm tilt
-0.43
δ-decay vs time
Vanna tilt +0.33: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.43: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 105 ATM contracts, 15k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
65%
+10.6
pts
EXTREME
as of Oct 30 · ATM 40.1% / Wing 50.7%
30 DTE / 10d
39%
+6.2
pts
EXTREME
as of Oct 30 · ATM 39.2% / Wing 45.4%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)62.0MediumOct 30
IV Rank (30 DTE)58.4MediumOct 30
Straddle Price (30 DTE)$28.95Oct 30
Beta Analysis
Risk Metrics
Beta: -0.4709
Alpha: 47.05%
Correlation: -0.1653
R-Squared: 2.7%
Stock Volatility: 36.4%
Market Volatility: 12.8%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Negative beta - stock moves opposite to market
Beta & Alpha Over Time
Notable investors who own CBOE
6 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Renaissance Technologies Hedge fund Jim Simons | $249.1M | #41 of 3138 | -6.7% | 13F | |
| Citadel Hedge fund Ken Griffin | $153.3M | #269 of 6285 | +1038.1% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $49.2M | #620 of 3716 | +5862.7% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $20.2M | #482 of 4729 | -8.6% | 13F | |
| Bridgewater Associates Hedge fund Ray Dalio | $12.5M | #290 of 997 | +246.8% | 13F | |
| Markel Group Holding company Tom Gayner | $12.0M | #103 of 145 | 0.0% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
CBOE Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 104,975,000 (as of 2026-06-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
27 filers$530.34M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $133.88M | 25.24% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $107.75M | 20.32% | 2026-06-30 |
| 3 | IMC-Chicago, LLC Custodian | $54.67M | 10.31% | 2026-06-30 |
| 4 | Citadel Advisors LLC Custodian | $48.80M | 9.20% | 2026-06-30 |
| 5 | Squarepoint Ops LLC | $39.07M | 7.37% | 2026-06-30 |
| 6 | Delta Accumulation, LLC | $37.03M | 6.98% | 2026-06-30 |
| 7 | BOOTHBAY FUND MANAGEMENT, LLC | $24.05M | 4.53% | 2026-06-30 |
| 8 | Wolverine Trading, LLC Custodian | $16.42M | 3.10% | 2025-09-30 |
| 9 | D. E. Shaw & Co., Inc. Custodian | $13.05M | 2.46% | 2026-06-30 |
| 10 | Point72 Asset Management, L.P. | $11.02M | 2.08% | 2026-06-30 |
| 11 | GROUP ONE TRADING LLC Custodian | $8.03M | 1.51% | 2026-06-30 |
| 12 | Walleye Trading LLC | $6.07M | 1.14% | 2026-06-30 |
| 13 | UBS Group AG Custodian | $5.61M | 1.06% | 2026-06-30 |
| 14 | Shay Capital LLC | $5.10M | 0.96% | 2026-06-30 |
| 15 | Simplex Trading, LLC Custodian | $3.76M | 0.71% | 2026-06-30 |
| 16 | Millennium Management LLC Custodian | $3.25M | 0.61% | 2026-06-30 |
| 17 | Walleye Capital LLC | $2.96M | 0.56% | 2026-06-30 |
| 18 | Verition Fund Management LLC | $2.23M | 0.42% | 2026-06-30 |
| 19 | Cubist Systematic Strategies, LLC | $2.16M | 0.41% | 2025-09-30 |
| 20 | Balyasny Asset Management L.P. | $1.82M | 0.34% | 2026-06-30 |
| 21 | HSBC Holdings plc Custodian | $1.50M | 0.28% | 2026-06-30 |
| 22 | STG SECURITIES, LLC | $582.41K | 0.11% | 2026-06-30 |
| 23 | HUB Investment Partners, LLC | $485.34K | 0.09% | 2026-06-30 |
| 24 | PEAK6 LLC | $339.74K | 0.06% | 2026-06-30 |
| 25 | Limestone Investment Advisors LP | $315.47K | 0.06% | 2026-06-30 |
28 filers$404.77M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $158.39M | 39.13% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $57.78M | 14.27% | 2026-06-30 |
| 3 | IMC-Chicago, LLC Custodian | $42.88M | 10.59% | 2026-06-30 |
| 4 | Jane Street Group, LLC Custodian | $37.01M | 9.14% | 2026-06-30 |
| 5 | Delta Accumulation, LLC | $17.42M | 4.30% | 2026-06-30 |
| 6 | Squarepoint Ops LLC | $13.78M | 3.41% | 2026-06-30 |
| 7 | Walleye Trading LLC | $9.88M | 2.44% | 2026-06-30 |
| 8 | Wolverine Trading, LLC Custodian | $8.40M | 2.07% | 2025-09-30 |
| 9 | BOOTHBAY FUND MANAGEMENT, LLC | $7.84M | 1.94% | 2026-06-30 |
| 10 | GROUP ONE TRADING LLC Custodian | $6.48M | 1.60% | 2026-06-30 |
| 11 | Simplex Trading, LLC Custodian | $6.12M | 1.51% | 2026-06-30 |
| 12 | HSBC Holdings plc Custodian | $5.84M | 1.44% | 2026-06-30 |
| 13 | UBS Group AG Custodian | $5.51M | 1.36% | 2026-06-30 |
| 14 | Point72 Asset Management, L.P. | $5.02M | 1.24% | 2026-06-30 |
| 15 | D. E. Shaw & Co., Inc. Custodian | $4.53M | 1.12% | 2026-06-30 |
| 16 | CAPSTONE INVESTMENT ADVISORS, LLC | $4.37M | 1.08% | 2026-06-30 |
| 17 | Verition Fund Management LLC | $3.86M | 0.95% | 2026-06-30 |
| 18 | Balyasny Asset Management L.P. | $3.49M | 0.86% | 2026-06-30 |
| 19 | PEAK6 LLC | $1.89M | 0.47% | 2026-06-30 |
| 20 | Millennium Management LLC Custodian | $1.12M | 0.28% | 2026-06-30 |
| 21 | Limestone Investment Advisors LP | $630.94K | 0.16% | 2026-06-30 |
| 22 | BOUSSARD & GAVAUDAN GESTION SAS | $627.06K | 0.15% | 2026-06-30 |
| 23 | Cubist Systematic Strategies, LLC | $515.02K | 0.13% | 2025-09-30 |
| 24 | Walleye Capital LLC | $364.00K | 0.09% | 2026-06-30 |
| 25 | One Wealth Map LLC | $307.81K | 0.08% | 2026-06-30 |
CBOE Insider Trading (Form 4)
Latest: 2026-10-14Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-10-14 | Fredric J Tomczyk | Director | Mixed | — | $297.38 | — | EDGAR |
| 2026-08-21 | Heidi Fischer | EVP, Equities and Spot Markets | Grant (A) | +2,900 RSU | — | EDGAR | |
| 2026-08-21 | Boudewijn Duinstra | EVP, CHIEF RISK OFFICER | Grant (A) | +2,404 RSU | — | EDGAR | |
| 2026-08-14 | Janet P Froetscher | Director | Sell (S) | −937 | $278.95 | -$261.4K | EDGAR |
| 2026-07-02 | Fredric J Tomczyk | Director | Tax (F) | −337 | $247.72 | -$83.5K | EDGAR |
| 2026-05-21 | Allen Wilkinson | SVP, CHIEF ACCOUNTING OFFICER | Grant (A) | +166 RSU | — | EDGAR | |
| 2026-05-20 | Janet P Froetscher | Director | Sell (S) | −1,223 | $358.09 | -$437.9K | EDGAR |
| 2026-05-18 | James E. Parisi | Director | Award (A) | +530 | — | EDGAR | |
| 2026-05-18 | Jennifer J McPeek | Director | Award (A) | +530 | — | EDGAR | |
| 2026-05-18 | Erin Mansfield | Director | Award (A) | +530 | — | EDGAR | |
| 2026-05-18 | Cecilia Mao | Director | Award (A) | +530 | — | EDGAR | |
| 2026-05-18 | Jill R Goodman | Director | Award (A) | +530 | — | EDGAR | |
| 2026-05-18 | Janet P Froetscher | Director | Award (A) | +530 | — | EDGAR | |
| 2026-05-18 | Ivan K Fong | Director | Award (A) | +530 | — | EDGAR | |
| 2026-05-18 | Edward J. Fitzpatrick | Director | Award (A) | +530 | — | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
CBOE Insider Holdings
24 insiders · @ $335.53
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Fredric J Tomczyk | Director | 50,449 | $16.93M | $447.9K | 15 | 2026-10-14 |
| 2 | Christopher A Isaacson | EVP, COO | 50,198 | $16.84M | -$15.59M | 56 | 2026-02-23 |
| 3 | John P Sexton | EVP, GC AND CORP SEC | 29,965 | $10.05M | -$2.79M | 24 | 2026-02-23 |
| 4 | Roderick A Palmore | Director | 27,730 | $9.30M | $0 | 15 | 2026-05-18 |
| 5 | Jill Griebenow | EVP, CFO | 14,953 | $5.02M | -$420.0K | 21 | 2026-02-23 |
| 6 | Edward J. Fitzpatrick | Director | 13,451 | $4.51M | -$1.13M | 14 | 2026-05-18 |
| 7 | Dave Howson | EVP, GLOBAL PRESIDENT | 13,309 | $4.47M | -$9.06M | 18 | 2025-02-21 |
| 8 | Janet P Froetscher | Director | 12,870 | $4.32M | -$2.35M | 20 | 2026-08-14 |
| 9 | William M Farrow III | Director | 12,735 | $4.27M | $0 | 11 | 2026-05-18 |
| 10 | Jill R Goodman | Director | 12,448 | $4.18M | -$1.29M | 16 | 2026-05-18 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
CBOE Board & Officers
As of SEC filings through Oct 14, 2026Directors 13
- Janet P Froetscher · since Jun 14, 2010
- Roderick A Palmore · since Jun 14, 2010
- Jill R Goodman · since Jun 14, 2012
- Edward J. Fitzpatrick · since May 23, 2013
- William M Farrow III · since May 19, 2016
- James E. Parisi · since May 17, 2018
- Fredric J Tomczyk · since Jul 30, 2019
- Jennifer J McPeek · since Aug 14, 2020
- Alexander Matturri JR · since Dec 17, 2020
- Ivan K Fong · since Dec 17, 2020
- Cecilia Mao · since Feb 8, 2024
- Erin Mansfield · since Feb 8, 2024
- Craig S Donohue · since May 7, 2025
Officers 12
- Craig S Donohue · CEO · since May 7, 2025
- Jill Griebenow · EVP, CFO · listed since Feb 2024
- Scott L Johnston · EVP, COO · since Mar 7, 2026
- Allen Wilkinson · SVP, Chief Accounting Officer · since Feb 8, 2024
- Timothy Lipscomb · EVP, Chief Technology Officer · since Mar 1, 2025
- Boudewijn Duinstra · EVP, Chief Risk Officer · since Aug 10, 2026
- John P Sexton · EVP, GC and Corp Sec · since Mar 1, 2018
- Stephanie Foley · EVP, CHRO · since Oct 30, 2023
- Catherine R Clay · EVP, Global Derivatives · listed since Nov 2023
- Prashant Bhatia · EVP, Ent Strat & Corp Dev · since Sep 2, 2025
- Robert A Hocking · EVP, Global Head of Derivs. · since Oct 1, 2025
- Heidi Fischer · EVP, Equities and Spot Markets · since Jun 1, 2026
Changes in the last 10 years (61)
| Aug 10, 2026 | Boudewijn Duinstra became EVP, Chief Risk Officer |
| Jun 1, 2026 | Heidi Fischer became EVP, Equities and Spot Markets |
| Mar 7, 2026 | Scott L Johnston became EVP, COO |
| Jan 26, 2026 | The company announced the departure of Christopher A Isaacson as EVP, COO in an SEC filing |
| Oct 1, 2025 | Robert A Hocking became EVP, Global Head of Derivs. |
| Sep 2, 2025 | Prashant Bhatia became EVP, Ent Strat & Corp Dev |
| Jul 3, 2025 | Fredric J Tomczyk no longer listed as Chief Executive Officer in SEC filings |
| May 27, 2025 | The company announced the departure of Dave Howson as EVP, Global President in an SEC filing |
| May 7, 2025 | Craig S Donohue became a director |
| May 7, 2025 | Craig S Donohue became CEO |
| Mar 1, 2025 | Timothy Lipscomb became EVP, Chief Technology Officer |
| Dec 17, 2024 | Adam Inzirillo listed as EVP, Data Vantage (previously EVP, Data and Access Solutions) in SEC filings |
| Feb 22, 2024 | Jill Griebenow listed as EVP, CFO (previously SVP, CAO) in SEC filings |
| Feb 8, 2024 | Erin Mansfield became a director |
| Feb 8, 2024 | Cecilia Mao became a director |
| Feb 8, 2024 | Allen Wilkinson became SVP, Chief Accounting Officer |
| Feb 5, 2024 | The company announced the departure of Joseph P Ratterman from the board in an SEC filing |
| Nov 21, 2023 | Catherine R Clay listed as EVP, Global Derivatives (previously EVP, Data and Access Solutions) in SEC filings |
| Oct 30, 2023 | Stephanie Foley became EVP, CHRO |
| Oct 16, 2023 | Fredric J Tomczyk first listed as Chief Executive Officer in an SEC filing |
| Oct 12, 2023 | Adam Inzirillo became EVP, Data and Access Solutions |
| Sep 18, 2023 | The company announced the departure of Edward T Tilly from the board in an SEC filing |
| Jul 1, 2023 | The company announced the departure of Brian N Schell as Executive VP, CFO & Treasurer in an SEC filing |
| Feb 10, 2023 | Dave Howson listed as EVP, Global President (previously President, Europe) in SEC filings |
| Nov 9, 2022 | Edward T Tilly listed as Chairman and CEO (previously Chairman, President and CEO) in SEC filings |
| Sep 12, 2022 | Christopher A Isaacson listed as EVP, COO (previously Executive VP, COO) in SEC filings |
| Jun 10, 2022 | The company announced the departure of Jill E. Sommers from the board in an SEC filing |
| May 10, 2021 | Bryan Harkins listed as EVP, President BIDS Trading (previously EVP, Head of Markets) in SEC filings |
| Mar 23, 2021 | Catherine R Clay became EVP, Data and Access Solutions |
| Mar 1, 2021 | Eric S Crampton became Executive VP, CTO |
| Dec 17, 2020 | Ivan K Fong became a director |
| Dec 17, 2020 | Alexander Matturri JR became a director |
| Aug 14, 2020 | Jennifer J McPeek became a director |
| Jan 1, 2020 | Dave Howson became President, Europe |
| Jul 30, 2019 | Fredric J Tomczyk became a director |
| Feb 21, 2019 | Christopher A Isaacson listed as Executive VP, COO (previously Executive VP, CIO) in SEC filings |
| Feb 14, 2019 | Edward T Tilly listed as Chairman, President and CEO (previously Chairman and CEO) in SEC filings |
| Dec 13, 2018 | Andrew Lowenthal listed as EVP, Co-Head of Markets (previously EVP, Global Derivatives) in SEC filings |
| Dec 4, 2018 | Bryan Harkins listed as EVP, Head of Markets (previously EVP, Equities and FX) in SEC filings |
| Aug 15, 2018 | Jill Griebenow became SVP, CAO |
| May 17, 2018 | Jill E. Sommers became a director |
| May 17, 2018 | James E. Parisi became a director |
| Mar 2, 2018 | Joanne Moffic-Silver reported in an SEC filing no longer being Executive VP, GC, & Corp Sec |
| Mar 1, 2018 | John P Sexton became EVP, GC and Corp Sec |
| Mar 1, 2018 | John Deters became EVP, Corporate Strategy |
| Mar 1, 2018 | Bryan Harkins became EVP, Equities and FX |
| Mar 1, 2018 | Andrew Lowenthal became EVP, Global Derivatives |
| Jan 3, 2018 | Alan J Dean reported in an SEC filing no longer being Executive VP, CFO & Treasurer |
| Jan 1, 2018 | Brian N Schell became Executive VP, CFO & Treasurer |
| Dec 5, 2017 | Mark S Hemsley listed as Executive VP, President Europe (previously EVP, President Europe) in SEC filings |
| Jun 14, 2017 | Christopher A Isaacson listed as Executive VP, CIO (previously EVP, CIO) in SEC filings |
| Jun 12, 2017 | Christopher Mitchell reported in an SEC filing no longer being a director |
| Mar 29, 2017 | Edward T Tilly listed as Chairman and CEO (previously Chief Executive Officer) in SEC filings |
| Mar 2, 2017 | Gerald T O'Connell reported in an SEC filing no longer being Executive VP and CIO |
| Mar 2, 2017 | Edward L Provost reported in an SEC filing no longer being President and COO |
| Feb 28, 2017 | Michael L Richter became a director |
| Feb 28, 2017 | Mark S Hemsley became EVP, President Europe |
| Feb 28, 2017 | Joseph P Ratterman became a director |
| Feb 28, 2017 | Christopher R Concannon became President and COO |
| Feb 28, 2017 | Christopher Mitchell became a director |
| Feb 28, 2017 | Christopher A Isaacson became EVP, CIO |
Not reported recently (16)
- Adam Inzirillo · Last reported as EVP, Data Vantage in an SEC filing dated Feb 21, 2025
- Edward T Tilly · Last reported as Chairman and CEO in an SEC filing dated Jul 12, 2023
- John Deters · Last reported as EVP, Corporate Strategy in an SEC filing dated Feb 22, 2023
- Eugene S Sunshine · Last reported as a director in an SEC filing dated May 16, 2022
- Bryan Harkins · Last reported as EVP, President BIDS Trading in an SEC filing dated May 17, 2021
- Michael L Richter · Last reported as a director in an SEC filing dated Mar 10, 2021
- Eric S Crampton · Last reported as Executive VP, CTO in an SEC filing dated Mar 4, 2021
- Mark S Hemsley · Last reported as Executive VP, President Europe in an SEC filing dated Dec 17, 2019
- Carole E Stone · Last reported as a director in an SEC filing dated Aug 7, 2019
- Frank E. English Jr. · Last reported as a director in an SEC filing dated May 20, 2019
- Andrew Lowenthal · Last reported as EVP, Co-Head of Markets in an SEC filing dated Feb 21, 2019
- Christopher R Concannon · Last reported as President and COO in an SEC filing dated Jan 15, 2019
- David S Reynolds · Last reported as Chief Accounting Officer in an SEC filing dated Feb 21, 2018
- James R Boris · Last reported as a director in an SEC filing dated Dec 11, 2017
- Samuel K Skinner · Last reported as a director in an SEC filing dated May 22, 2017
- William J Brodsky · Last reported as a director in an SEC filing dated Nov 16, 2016
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
CBOE Proposed Insider Sales (Form 144)
Latest: 2026-08-12
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
1 filing
· $261K notice value
· 1 unique filer
· 100% under 10b5-1 plans
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
Froetscher Janet P (1, $261K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-08-12 | Froetscher Janet P | Director | 937 | $261.4K | 2026-08-12 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2026-05-18 | Froetscher Janet P | Director | 1,223 | $437.9K | 2026-05-18 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2026-02-23 | Wilkinson Allen | Officer | 248 | $72.6K | 2026-02-23 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-02-18 | Matturri Alexander JR | Director | 1,500 | $428.0K | 2026-02-18 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-02-18 | Fitzpatrick Edward J. | Director | 3,947 | $1.13M | 2026-02-18 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2025-11-07 | Clay Catherine R | Former Officer | 2,183 | $557.5K | 2025-11-07 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2025-09-23 | Howson Dave | Former Officer | 2,600 | $616.2K | 2025-09-23 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2025-09-08 | Inzirillo Adam | Officer | 1,993 | $461.5K | 2025-09-08 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2025-09-02 | Isaacson Christopher A | Officer | 5,000 | $1.18M | 2025-09-02 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2025-08-11 | Howson Dave | Former Officer | 7,100 | $1.79M | 2025-08-11 | Fidelity Brokerage Services LLC | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-05-18
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Accession | Link |
|---|---|---|
| 2026-05-18 | 0001104659-26-063250 | EDGAR |
| 2026-05-01 | 0001628280-26-029103 | EDGAR |
| 2026-02-06 | 0001628280-26-005944 | EDGAR |
| 2026-01-26 | 0001104659-26-006416 | EDGAR |
| 2025-10-31 | 0001628280-25-047668 | EDGAR |
| 2025-08-01 | 0001628280-25-037143 | EDGAR |
| 2025-07-17 | 0001104659-25-068685 | EDGAR |
| 2025-06-27 | 0001104659-25-063674 | EDGAR |
| 2025-05-28 | 0001104659-25-053355 | EDGAR |
| 2025-05-07 | 0001104659-25-045577 | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-02-20 | 0001628280-26-010013 | EDGAR |
| 2025-02-21 | 0001628280-25-006984 | EDGAR |
| 2024-02-16 | 0001558370-24-001277 | EDGAR |
| 2023-02-17 | 0001558370-23-001489 | EDGAR |
| 2022-02-18 | 0001558370-22-001386 | EDGAR |
| 2021-02-19 | 0001558370-21-001286 | EDGAR |
| 2020-02-21 | 0001558370-20-001127 | EDGAR |
| 2019-02-22 | 0001558370-19-000884 | EDGAR |
| 2018-02-22 | 0001558370-18-000953 | EDGAR |
| 2017-02-21 | 0001374310-17-000006 | EDGAR |
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-05-01 | 0001628280-26-029112 | EDGAR |
| 2025-10-31 | 0001628280-25-047680 | EDGAR |
| 2025-08-01 | 0001628280-25-037149 | EDGAR |
| 2025-05-02 | 0001628280-25-021680 | EDGAR |
| 2024-11-01 | 0001628280-24-044657 | EDGAR |
| 2024-08-02 | 0001558370-24-010654 | EDGAR |
| 2024-05-03 | 0001558370-24-006597 | EDGAR |
| 2023-11-03 | 0001558370-23-017503 | EDGAR |
| 2023-08-04 | 0001558370-23-013313 | EDGAR |
| 2023-05-05 | 0001558370-23-008202 | EDGAR |
ETF Holders
308 ETFs hold CBOE
25 shown · $5.19B total exposure · 0.08% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.04% | $912.9M | — | 2026-09-30 |
| 2 | VOO Vanguard S&P 500 ETF | Vanguard | 0.04% | $754.8M | — | 2026-09-30 |
| 3 | VO Vanguard Morningstar Mid-Cap ETF | Vanguard | 0.28% | $615.6M | — | 2026-09-30 |
| 4 | IVV iShares Core S&P 500 ETF | iShares (BlackRock) | 0.05% | $436.2M | $870.0B | 2026-10-29 |
| 5 | SPY State Street® SPDR® S&P 500® ETF Trust | SPDR (State Street) | 0.05% | $403.7M | $813.6B | 2026-10-29 |
| 6 | VTV Vanguard Morningstar Value ETF | Vanguard | 0.11% | $273.9M | — | 2026-09-30 |
| 7 | XLF State Street® Financial Select Sector SPDR® ETF | SPDR (State Street) | 0.41% | $217.1M | $53.1B | 2026-10-29 |
| 8 | RSP Invesco S&P 500 Equal Weight ETF | Invesco | 0.21% | $212.0M | — | 2026-10-29 |
| 9 | VOE Vanguard Morningstar Mid-Cap Value ETF | Vanguard | 0.49% | $179.5M | — | 2026-09-30 |
| 10 | VIG Vanguard Dividend Appreciation ETF | Vanguard | 0.13% | $162.7M | — | 2026-09-30 |
| 11 | USMV iShares MSCI USA Min Vol Factor ETF | iShares (BlackRock) | 0.62% | $148.4M | $24.0B | 2026-10-29 |
| 12 | IWR iShares Russell Mid-Cap ETF | iShares (BlackRock) | 0.24% | $138.8M | $58.1B | 2026-10-29 |
| 13 | SPYM State Street® SPDR® Portfolio S&P 500® ETF | SPDR (State Street) | 0.05% | $91.4M | $185.3B | 2026-10-29 |
| 14 | SDVY First Trust SMID Cap Rising Dividend Achievers ETF | First Trust | 0.70% | $78.4M | $11.2B | 2026-10-29 |
| 15 | IWD iShares Russell 1000 Value ETF | iShares (BlackRock) | 0.09% | $73.5M | $83.2B | 2026-10-29 |
| 16 | SPHQ Invesco S&P 500 Quality ETF | Invesco | 0.34% | $65.2M | — | 2026-10-29 |
| 17 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.07% | $63.3M | — | 2026-10-29 |
| 18 | QUAL iShares MSCI USA Quality Factor ETF | iShares (BlackRock) | 0.11% | $54.5M | $48.0B | 2026-10-29 |
| 19 | DYNF iShares U.S. Equity Factor Rotation Active ETF | iShares (BlackRock) | 0.11% | $48.2M | $41.8B | 2026-10-29 |
| 20 | VFH Vanguard Financials ETF | Vanguard | 0.34% | $47.6M | — | 2026-09-30 |
| 21 | IWS iShares Russell Mid-Cap Value ETF | iShares (BlackRock) | 0.32% | $47.5M | $14.9B | 2026-10-29 |
| 22 | FMDE Fidelity Enhanced Mid Cap Core ETF | Fidelity | 0.52% | $45.8M | $8.7B | 2026-10-29 |
| 23 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.04% | $42.6M | $95.5B | 2026-10-29 |
| 24 | IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF | iShares (BlackRock) | 3.11% | $40.6M | $1.3B | 2026-10-29 |
| 25 | SCHX Schwab U.S. Large-Cap ETF | Nport | 0.05% | $37.1M | — | 2026-05-31 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
26.15
TTM Diluted EPS
$12.83
TTM Revenue
$5.06B
TTM Net Income
$1.35B
TTM Op. Cash Flow
$1.96B
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-06-30 | $1.44B | $351.80M | $3.35 | $-503.20M |
| Q1 '26 | 2026-03-31 | $1.27B | $384.10M | $3.66 | $1.96B |
| Q4 '25 | 2025-12-31 | $1.20B | $312.20M | $2.97 | $352.10M |
| Q3 '25 | 2025-09-30 | $1.14B | $299.30M | $2.85 | $153.90M |
| Q2 '25 | 2025-06-30 | $1.17B | $233.90M | $2.23 | $333.70M |
| Q1 '25 | 2025-03-31 | $1.20B | $249.40M | $2.37 | $912.90M |
| Q4 '24 | 2024-12-31 | $1.11B | $195.60M | $1.85 | $-710.40M |
| Q3 '24 | 2024-09-30 | $1.06B | $217.40M | $2.07 | $-578.50M |
| Q2 '24 | 2024-06-30 | $974.00M | $139.70M | $1.33 | $1.49B |
| Q1 '24 | 2024-03-31 | $957.20M | $208.30M | $1.96 | $895.60M |
| Q4 '23 | 2023-12-31 | $968.70M | $210.80M | $1.98 | $-189.00M |
| Q3 '23 | 2023-09-30 | $908.80M | $207.10M | $1.95 | $736.90M |
Q2 2026 • period ending 2026-06-30 • filed 2026-07-31
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
26.15
P/B
6.26
P/S
6.96
EV/EBITDA
17.71
EV/Sales
6.67
ROE
24.0%
ROA
12.7%
Div Yield
0.92%
FCF Yield
5.57%
Debt/Equity
0.14
Current Ratio
—
Market Cap
$35.22B
as of 2026-10-30
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
2.97M
SI % of Float
2.85%
Days to Cover
2.29
Short Vol Ratio
39.6%
Free Float
—
Float %
—
Short interest 2026-10-15 • Short volume 2026-10-30