Pair Trade: Buying Cboe Now with a Second Exchange - Volatility Tailwinds, Oversold Setup
Cboe (CBOE) looks attractive after a summer pullback: $27.8B market cap, 12.9 EPS and ~21x P/E, strong free cash flow of roughly $1.9B, and specific product moves that should boost volumes when volatility spikes. Technicals show the stock is oversold (RSI ~34) and below its short-term moving averages, creating an entry opportunity. Trade plan: ente…