CBOE
Cboe Global Markets Inc. Financial Services - Exchanges Investor Relations →
Cboe Global Markets Inc. (CBOE) closed at $273.36 as of 2026-02-02, trading 55.9% above its 200-week moving average of $175.39. The stock moved further from the line this week, up from 51.8% last week. The 14-week RSI sits at 64, indicating neutral momentum.
Over the past 768 weeks of data, CBOE has crossed below its 200-week moving average 7 times. On average, these episodes lasted 9 weeks. Historically, investors who bought CBOE at the start of these episodes saw an average one-year return of +26.3%.
With a market cap of $28.6 billion, CBOE is a large-cap stock. The company generates a free cash flow yield of 3.5%. Return on equity stands at 21.6%, indicating strong profitability. The stock trades at 5.6x book value.
CBOE passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 14.8 years, a hypothetical investment of $100 in CBOE would have grown to $1322, compared to $666 for the S&P 500. That represents an annualized return of 19.0% vs 13.6% for the index — confirming CBOE as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 24% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: CBOE vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After CBOE Crosses Below the Line?
Across 7 historical episodes, buying CBOE when it crossed below its 200-week moving average produced an average return of +26.1% after 12 months (median +22.0%), compared to +30.9% for the S&P 500 over the same periods. 100% of those episodes were profitable after one year. After 24 months, the average return was +60.4% vs +39.1% for the index.
Each line shows $100 invested at the moment CBOE crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
CBOE has crossed below its 200-week MA 7 times with an average 1-year return of +26.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jun 2011 | Sep 2011 | 13 | 8.2% | +12.1% | +1285.4% |
| Sep 2011 | Oct 2011 | 2 | 1.0% | +22.4% | +1266.9% |
| May 2012 | Jun 2012 | 3 | 0.8% | +66.7% | +1230.3% |
| Mar 2020 | May 2020 | 8 | 17.4% | +11.9% | +211.4% |
| Jun 2020 | Jun 2020 | 1 | 0.2% | +16.4% | +200.7% |
| Jun 2020 | Mar 2021 | 36 | 18.8% | +35.4% | +221.5% |
| Mar 2021 | Apr 2021 | 3 | 3.3% | +19.2% | +197.1% |
| Average | 9 | — | +26.3% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02