Cboe Global: The Ultimate Beneficiary Of 0DTE Options

Mar. 05, 2023 3:39 AM ETCboe Global Markets, Inc. (CBOE) StockCBOE
Felix Fung
1.62K Followers

Summary

  • Cboe Global recently hit its 52-week high.
  • The rise of 0DTE options should be a strong growth driver for the company in the near term.
  • Unlike most financial companies, it reported double-digits revenue growth for its latest earnings.
  • Current valuation is still discounted on a historical basis.
  • I rate the company as a buy.

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Investment Thesis

Cboe Global (BATS:CBOE) is one of the few stocks that recently hit its 52-week high. Unlike most companies that got affected by the volatility in the financial markets, the company actually benefits from it. The increasing popularity of

This article was written by

1.62K Followers
Individual investor with four-year experience. I focus on long-term investing opportunities around companies with high-quality fundamentals or compelling turnaround potential. Currently studying business and economics at the University of New South Wales. Appreciate any feedback and comments.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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