Nasdaq-100 Index (NDX) 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.

Snapshot as of May 29, 2026.

Spot Price
$30366.00
Total OI
138.2K
Total Volume
108.4K
Front Expiration
31 days
Second Expiration
32 days
ATM IV
19.6%
Avg Bid/Ask Spread
11.18%

As of May 29, 2026, Nasdaq-100 Index (NDX) has 138.2K open contracts and 108.4K contracts traded. The nearest expiration is 31 days out, followed by 32 days. ATM implied volatility is 19.6%. Average bid/ask spread across the chain is 11.18%: 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 NDX options chain Data Feeds Strategy Selection

Strategy selection on Nasdaq-100 Index 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 19.6% 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.

How to read the NDX chain depth

The listed-expirations table above shows every expiration available for Nasdaq-100 Index 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. NDX front expiration sits at 31 days - the typical hedging horizon for monthly options. The contango term-structure slope of 0.002 means longer-dated tenors price in proportionally more IV.

NDX 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 NDX chain is 11.18% - 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 NDX 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. NDX's current 5.63% 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 →

NDX listed expirations

Per-expiration ATM implied volatility for NDX 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.

ExpirationDTEATM IV
Jun 1, 2026312.8%
Jun 2, 2026415.0%
Jun 3, 2026516.0%
Jun 4, 2026617.0%
Jun 5, 2026717.9%
Jun 8, 20261016.9%
Jun 9, 20261117.4%
Jun 10, 20261218.2%
Jun 11, 20261318.5%
Jun 12, 20261418.9%
Jun 15, 20261718.3%
Jun 16, 20261818.6%
Jun 17, 20261919.4%
Jun 18, 20262019.6%
Jun 22, 20262418.9%
Jun 23, 20262519.2%
Jun 24, 20262619.4%
Jun 25, 20262719.7%
Jun 26, 20262819.9%
Jun 29, 20263119.5%
Jun 30, 20263219.7%
Jul 1, 20263319.8%
Jul 2, 20263420.1%
Jul 6, 20263819.4%
Jul 10, 20264220.2%
Jul 17, 20264920.5%
Jul 24, 20265620.8%
Jul 31, 20266321.2%
Aug 21, 20268421.8%
Aug 31, 20269421.9%
Sep 18, 202611222.3%
Sep 30, 202612422.4%
Oct 16, 202614022.7%
Nov 20, 202617523.2%
Dec 18, 202620323.5%
Dec 31, 202621623.5%
Jan 15, 202723123.6%
Feb 19, 202726623.7%
Mar 19, 202729423.8%
Apr 16, 202732223.9%
Jun 17, 202738424.3%
Sep 17, 202747624.3%
Dec 17, 202756724.4%
Dec 15, 202893124.4%
Dec 21, 2029130224.0%

Frequently asked NDX options chain questions

What does the NDX options chain show right now?
As of May 29, 2026, Nasdaq-100 Index (NDX) has 138.2K contracts outstanding and 108.4K traded today, with ATM IV of 19.6%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for NDX options?
The nearest expiration is 31 days out, followed by 32 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are NDX options bid/ask spreads?
Average bid/ask spread across the chain is 11.18%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.