Volatility Shares Trust - 2x Bitcoin Strategy ETF (BITX) Options Chain
The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.
Volatility Shares Trust - 2x Bitcoin Strategy ETF (BITX) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $1.25B, listed on CBOE, carrying a beta of 3.21 to the broader market. The 2x Bitcoin Strategy ETF (Ticker: BITX) is a leveraged Bitcoin-linked ETF that seeks to provide daily investment results, before fees and expenses, that correspond to two times (2x) the return of Bitcoin for a single day, not for any other period. public since 2023-06-27.
Snapshot as of May 15, 2026.
- Spot Price
- $19.51
- Total OI
- 218.4K
- Total Volume
- 13.9K
- Front Expiration
- 28 days
- Second Expiration
- 34 days
- ATM IV
- 74.0%
- Avg Bid/Ask Spread
- 44.31%
As of May 15, 2026, Volatility Shares Trust - 2x Bitcoin Strategy ETF (BITX) has 218.4K open contracts and 13.9K contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 74.0%. Average bid/ask spread across the chain is 44.31%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.
How BITX options chain Data Feeds Strategy Selection
Strategy selection on Volatility Shares Trust - 2x Bitcoin Strategy ETF options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 74.0% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
Learn how the options chain is reported and how to read the data →
Frequently asked BITX options chain questions
- What does the BITX options chain show right now?
- As of May 15, 2026, Volatility Shares Trust - 2x Bitcoin Strategy ETF (BITX) has 218.4K contracts outstanding and 13.9K traded today, with ATM IV of 74.0%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for BITX options?
- The nearest expiration is 28 days out, followed by 34 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are BITX options bid/ask spreads?
- Average bid/ask spread across the chain is 44.31%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.