Trading Boom Propels Cboe to the Top of Wall Street Watchlists
Investor interest is turning sharply toward companies riding the current trading boom, and one name climbing the ranks is Cboe Global Markets.
According to Ritholtz Wealth Management CEO Josh Brown, the firm is emerging as a top-tier stock as traders flood the markets with unprecedented volumes of options activity.
Speaking in a recent CNBC segment, Brown pointed out that Cboe’s performance is closely tied to volatility and trading frequency—two factors that are surging right now. He emphasized that options trading is reaching levels not seen before, fueling the exchange operator’s impressive upward trajectory.
Brown believes Cboe’s technical chart signals strength and sees it as one of the market’s standout opportunities. With the company’s earnings report due on August 1st, he hinted that a short-term dip following the announcement could present a prime buying opportunity for those looking to enter at a more favorable price.
At the time of his remarks, Cboe shares were trading at $246—up more than 2% in a single day and over 3% on the week. The stock also notched a new all-time high of $247 during the same period.
Brown didn’t stop there. He also named Robinhood and Interactive Brokers as top contenders benefitting from the current wave of market activity. Whether investors are placing speculative bets or executing hedging strategies, these firms are positioned at the center of the action.
“Trading is the game right now,” Brown said. “It’s not just the retail crowd—it’s institutions too. These platforms are the ones facilitating all of it, and they’re thriving.”
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
