Cboe Global Markets, Inc. (CBOE) Stock Quote & Options Analysis | Frenzy Capital

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.

Snapshot
$328.41
52-Week Range
$212.75 – $329.79
YTD
+32.36%
IV Rank (30D)
61.27
Straddle Price
$16.85
P/C Vol Ratio
10.73
Market Cap
$31.4B
Info
Industry (SIC)
SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES (6200)
Exchange
BATS
Market Cap
$31.4B

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.

Price History
Seasonality
MonthAvg ReturnYears of Data
Jan +1.86% 6
Feb +5.25% 6
Mar -0.29% 6
Apr +2.10% 6
May -0.10% 6
Jun +2.09% 5
Jul +3.59% 5
Aug +5.03% 5
Sep +0.67% 5
Oct +2.33% 5
Nov +3.42% 5
Dec -3.09% 5
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 →

IndicatorValueSignal
RSI (14)69.2Neutral
MACD5.424Bullish
SMA 50$294.14Above
SMA 200$261.56Above
Bollinger BandsOverbought
ADX13.7Range
HV 3035.2%
AI Analysis

Here is my comprehensive stock analysis report for CBOE:

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 6/10)

Key Drivers:

  • Bullish MACD signal with histogram indicating momentum build-up
  • Overbought Bollinger Bands, indicating potential mean reversion or consolidation

Primary Risks:

  • Downtrend risk if price fails to break above upper Bollinger Band
  • Volatility risk if options market pricing reflects increased uncertainty

Investment Thesis: CBOE is likely to continue its upward trend, driven by the bullish MACD signal and overbought technical indicators. However, caution should be exercised due to the potential for mean reversion or consolidation.

Recent News Sentiment Impact: Positive news sentiment in recent headlines (e.g., S&P 500 and Nasdaq reaching new highs) may have contributed to the stock's upward momentum.

Technical Analysis

Trend Direction: Short-term (1-4 weeks): Uptrend, Medium-term (1-3 months): Range-bound, Long-term (3-12 months): Bullish

Support/Resistance Levels:

  • Upper Bollinger Band ($315.55) as resistance
  • Lower Bollinger Band ($287.90) as support
  • SMA 50 ($294.14) and EMA 12 ($304.82) as potential supports

Momentum Signals: RSI: Neutral (69.20), MACD: Bullish, Bollinger Bands: Overbought

Volume Analysis:

  • Volume trends indicate institutional interest and buying pressure
  • OBV shows increasing buying activity

News & Sentiment Analysis

Recent Headlines Summary: Positive headlines on market indices and economic growth may have contributed to CBOE's upward momentum.

Sentiment Assessment: Neutral to Positive sentiment, with no significant negative news recently reported.

Catalyst Identification: No immediate catalysts identified, but potential earnings release or product launch could impact stock performance.

Market Narrative: Recent positive news on market indices and economic growth aligns with the bullish technical signals, suggesting a favorable environment for CBOE's upward trend.

Risk & Volatility Assessment

Risk Assessment: Medium to High (Beta -0.27, Volatility 0.23)

Downside Protection:

  • Support levels at SMA 50 ($294.14) and EMA 12 ($304.82)
  • Potential mean reversion or consolidation if price approaches upper Bollinger Band

Market Context & Positioning

Sector Performance: CBOE has outperformed the sector average in recent weeks.

Institutional Activity: Volume trends suggest institutional buying pressure.

Correlation Analysis: CBOE's beta is negative, indicating inverse correlation with market indices. This could lead to potential opportunities for contrarian investors.

Relative Valuation: CBOE appears relatively cheap compared to its historical valuations and industry peers.

Key Levels & Action Items

Critical Price Levels:

  • Upper Bollinger Band ($315.55) as resistance
  • Lower Bollinger Band ($287.90) as support

Breakout/Breakdown Levels:

  • SMA 50 ($294.14) and EMA 12 ($304.82) as potential supports during mean reversion or consolidation

Time-Sensitive Catalysts: No immediate catalysts identified, but potential earnings release or product launch could impact stock performance.

Risk Management: Stop-loss levels should be set at the lower Bollinger Band ($287.90), with position sizing considerations based on market conditions and risk tolerance.

Please note that this analysis is a neutral assessment, focusing on the technical and fundamental aspects of CBOE's performance. It does not provide buy or sell recommendations but rather offers insights for informed investment decisions.

Generated 2026-05-01 21:01 UTC
Options Activity
IV Rank (30D)
61.27
IV Rank (7D)
100
Avg IV
48.6%
Straddle (30D)
$16.85
Straddle (7D)
$8.25
P/C Volume
10.73
Spread Scanner GPU
Full Algorithm Docs ↗

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)

RR25 and BF25 from the live options chain. 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.

Volatility Surface

Enter a ticker to render the implied volatility surface.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
-0.27
Correlation (SPY)
-14.2%
R²
0.02
Ann. Volatility
23.4%
SPY Volatility
12.5%

Negative beta - stock moves opposite to market

Beta & Alpha Over Time
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.

P/B Ratio6.2
P/S Ratio6.8
EV/EBITDA19.0
ROE21.3%
Dividend Yield0.89%
Debt/Equity0.28