iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) Options Chain

The options chain displays all available contracts with end-of-day quotes, Greeks, volume, and open interest for each strike and expiration, and streams live quotes for traders who connect a broker. It is the primary tool for options trade selection.

iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $434.4M, listed on CBOE, employing roughly 93,000 people, carrying a beta of -1.96 to the broader market. These iPath Series B S&P 500 VIX Short-Term Futures ETNs are unsecured debt instruments, issued by Barclays Bank PLC. public since 2018-01-19.

Snapshot as of Aug 14, 2026.

Spot Price

$19.36

Total OI

419.7K

Total Volume

73.4K

Front Expiration

28 days

Second Expiration

35 days

ATM IV

45.6%

Avg Bid/Ask Spread

21.90%

As of Aug 14, 2026, iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) has 419.7K open contracts and 73.4K contracts traded. The nearest expiration is 28 days out, followed by 35 days. ATM implied volatility is 45.6%. Average bid/ask spread across the chain is 21.90%: 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 VXX options chain Data Feeds Strategy Selection

Strategy selection on iPath Series B S&P 500 VIX Short-Term Futures ETN 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 45.6% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. 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.

How to read the VXX chain depth

The listed-expirations table above shows every expiration available for iPath Series B S&P 500 VIX Short-Term Futures ETN options with its days-to-expiration count and ATM implied volatility. Front-month expirations carry the most volume, the highest gamma, and the tightest bid-ask spreads; longer-dated tenors carry less liquidity but more vega exposure. VXX front expiration sits at 28 days - the typical hedging horizon for monthly options. The contango term-structure slope of 0.024 means longer-dated tenors price in proportionally more IV.

VXX chain mechanics and execution

Options are listed at standardized strike intervals (typically $1 for sub-$25 underlyings, $2.50-$5 for mid-cap, $10-$50 for large-cap), and the deltas of each listed strike are determined by where IV lies relative to the strike's moneyness. Average bid/ask spread on the VXX chain is 21.90% - a measure of liquidity. Tighter spreads on liquid strikes mean lower transaction costs; wider spreads on long-dated or far-OTM strikes mean execution drag can dominate the math. The chain table on the SPA side shows the full per-strike, per-expiration grid; this SSR page summarizes the listed expirations and the front-month context to anchor the structural read.

Using the VXX chain to build structures

Strategy selection starts with the chain: directional theses use single-leg calls or puts, range-bound theses use credit spreads or iron condors, vol theses use straddles or strangles, calendar theses use diagonal spreads. VXX's current 13.08% expected move anchors wing placement - structures with wings at the implied band collect the modal-outcome premium under lognormal assumptions. Cross-reference with the gamma-exposure profile to understand where dealer hedging will reinforce or fight your position, and with the volatility-skew chart to confirm the strikes you're trading sit at the IV levels your strategy assumes.

Learn how the options chain is reported and how to read the data →

VXX listed expirations

Per-expiration ATM implied volatility for VXX options. Each row is one listed expiration with its days-to-expiration count and ATM IV pulled from the same term-structure feed that powers the SPA's expiration filter. Front-month expirations carry the highest gamma, the tightest bid-ask spreads, and the most volume; longer-dated tenors carry less liquidity but more vega.

VXX most-active contracts

Top 1 contracts from the institutional-grade nightly options scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.

Frequently asked VXX options chain questions

What does the VXX options chain show right now?

As of Aug 14, 2026, iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) has 419.7K contracts outstanding and 73.4K traded today, with ATM IV of 45.6%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.

What expirations are available for VXX options?

The nearest expiration is 28 days out, followed by 35 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.

How tight are VXX options bid/ask spreads?

Average bid/ask spread across the chain is 21.90%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.