Jun. 17 at 6:16 PM
$CBOE "CBOE Global Markets (
$CBOE) is currently trading at
$258.10, following a sharp 9.45% drop during yesterday's session. Despite this steep localized correction, Wall Street maintains a Hold to Moderate Buy consensus, with average 12-month price targets pegged at
$320 to
$326, implying a 24% potential upside.
The primary catalyst for the mid-June crash was a public defense by the Commodity Futures Trading Commission (CFTC) regarding its approval of alternative perpetual futures. Investors fear this marks a major shift in market structure that could siphon volume away from CBOE's core trading ecosystems.
CBOE is aggressively defending its moat by launching specialized, un-cannibalizable products. Notable rollouts include the Russell 2000 nearly 24-hour index options trading framework, a structured predictive market architecture, and the novel BITVX volatility index designed specifically to track IBIT options."
