ProShares - VIX Mid-Term Futures ETF (VIXM) 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.

ProShares - VIX Mid-Term Futures ETF (VIXM) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $46.9M, listed on CBOE, carrying a beta of -0.97 to the broader market. ProShares VIX Mid-Term Futures ETF seeks investment results, before fees and expenses, that track the performance of the S&P 500 VIX Mid-Term Futures IndexTM. public since 2011-01-04.

Snapshot as of May 15, 2026.

Spot Price
$15.96
Total OI
68.5K
Total Volume
95
Front Expiration
34 days
Second Expiration
63 days
ATM IV
26.8%
Avg Bid/Ask Spread
53.21%

As of May 15, 2026, ProShares - VIX Mid-Term Futures ETF (VIXM) has 68.5K open contracts and 95 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 26.8%. Average bid/ask spread across the chain is 53.21%: 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 VIXM options chain Data Feeds Strategy Selection

Strategy selection on ProShares - VIX Mid-Term Futures 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 26.8% 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 VIXM options chain questions

What does the VIXM options chain show right now?
As of May 15, 2026, ProShares - VIX Mid-Term Futures ETF (VIXM) has 68.5K contracts outstanding and 95 traded today, with ATM IV of 26.8%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for VIXM options?
The nearest expiration is 34 days out, followed by 63 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are VIXM options bid/ask spreads?
Average bid/ask spread across the chain is 53.21%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.