CBOE Holdings reports May trading volume totaled 97.08M contracts CBOE Holdings reported that May trading volume for options contracts on Chicago Board Options Exchange and C2 Options Exchange and futures contracts on CBOE Futures Exchange totaled 97.08M contracts. Average daily volume was 4.62M contracts, a 1% decrease from May 2013 and a 9% decrease from April.
CBOE Holdings shares have more downside risk, says Citigroup Citigroup says that despite the recent pullback, shares of CBOE Holdings have additional downside risk. Citi thinks a "steep" valuation, disappointing volumes and high expectations will push the stock lower. It cut its price target for shares to $52 from $54 and keeps a Sell rating on CBOE.