Cboe Stock Rises on Record-Breaking Options Trading Volume

Total options activity hit a quarterly average daily volume of 21.9 million contracts, bolstered by a record-setting single day on June 5 when volume reached 33.4 million contracts. The company reported a 41% year-over-year increase in multi-listed options, while index options saw a 37% rise. Proprietary products showed particular strength, with S&P 500 Index options hitting a single-day high of 7.8 million contracts on that same June date. Demand for zero-days-to-expiry S&P 500 contracts also peaked, achieving a monthly average daily volume of 3.3 million.

Broader market metrics followed this upward trend as U.S. on-exchange equities volume climbed 19.8% compared to May. Off-exchange equities also saw growth, with matched-share volume rising 3.1%. Following these results, Cboe shares have extended their year-to-date gains to 3.4%.