Cboe Global Markets — A High-Growth “Picks And Shovels” Play

Nobody knows what the future holds. Which is why it’s good to invest in companies that profit off of uncertainty.

Cboe Global Markets ($CBOE) is one such business.

This is a business that makes money from trading volume, options contracts, and market uncertainty. It’s also a market-beater with high dividend growth.

Today’s article explains what Cboe Global Markets is. And why it might be a great long-term investment.

What Does Cboe Global Markets Do?

Cboe Global Markets dates back to 1973, when the company was founded by the Chicago Board of Trade.

Cboe Global is an exchange and trading platform that offers several products you may be familiar with. Cboe created and maintains the S&P VIX Index ($VIX) that’s used to gauge market volatility.

The company is also “[T]he largest options exchange operator in the U.S.” (per their 2022 annual report), and if you trade options, you’re doing business with Cboe. Interestingly, this also makes the business a proxy play on brokerage firms like Robinhood, since increased options trading benefits Cboe.

Both products also allow Cboe to benefit from market volatility, since uncertainty increases VIX and…