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

Overview · Option chain · Volatility · Expected-move history

Price (delayed) 17.64 -2.08%
Expected moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast. · Sep 18 ±7.6%
Expected range 16.3419.02
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.52.7%
IV percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history). 85/universe
P/C volumePut volume (or open interest) divided by call volume (or open interest). A descriptive activity measure — it does not by itself say what traders expect.0.35
P/C open interest0.33

Cboe delayed options data · as of 00:39 UTC · Figures derived from the full chain (1,206 contracts, 13 expirations) · IV own-history percentile appears after 60 recorded days (4 so far)

Expected move — Sep 18, 2026 (15 days)

Methodology →

Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.

16.3419.0217.68 current

Options are pricing a move of about ±7.6% (range 16.34–19.02) by Sep 18, 2026. ATM straddle: 1.34 @ strike 17.5 · ATM IV: 47.0%.

Probability distribution

Model & assumptions →

The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.

17.6816.3419.02
expected-move bandmodel density
Levelvs priceP(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction.P(below)
15.91 -10% 85.6% 14.4%
16.80 -5% 68.7% 31.3%
17.68 +0% 48.1% 51.9%
18.56 +5% 28.8% 71.2%
19.45 +10% 14.7% 85.3%

Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.

Probability explorer

Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.

P(finish above)
P(finish below)
P(touch, approx.)

Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions

ExpiresDTEDays to expiration, in calendar days.Implied moveATM IVOpen int.
Sep 04, 2026 1 ±1.8% 38.5% 76.1K
Sep 11, 2026 8 ±4.7% 39.0% 45.9K
Sep 18, 2026 15 ±7.6% 47.0% 92.1K
Sep 25, 2026 22 ±9.5% 48.5% 30.6K
Oct 02, 2026 29 ±11.7% 52.3% 15.1K
Oct 09, 2026 36 ±13.6% 54.6% 6,156
Oct 16, 2026 43 ±16.1% 58.4% 40.9K
Oct 23, 2026 50 ±27.6% 94.5% 0
Nov 20, 2026 78 ±24.9% 67.5% 7,806
Dec 18, 2026 106 ±30.4% 70.9% 15.2K
Jan 15, 2027 134 ±32.9% 68.5% 61.1K
Mar 19, 2027 197 ±45.8% 79.6% 7,581

Open interest by strike — Sep 18

Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.

14.0016.0017.0018.0019.0020.0021.0022.0017.68
callsputs

Largest open-interest concentrations (all expirations ≤ 60 days): 20 C · 29.6K19 C · 16.5K24 C · 15.7K22 C · 15.3K21 C · 14.8K

IV term structure

Volatility page →

At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.

36%58%79%100%1d29d197d

When does open interest expire?

19%This week12%Next week31%This month39%Later

Implied vs realized volatility

21.7%33.2%44.7%56.3%Aug 31Sep 03
IV30HV20

HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method

Price, last 60 sessions

Track record

Full history →

Every trading day we record what the options market is pricing for each expiration — before the outcome is known. Once expirations start resolving, this section compares expected versus actual, and the record is never rewritten. Recording since Aug 31, 2026.

About iPath Series B S&P 500 VIX Short-Term Futures ETN

These iPath Series B S&P 500 VIX Short-Term Futures ETNs are unsecured debt instruments, issued by Barclays Bank PLC. They are specifically structured to offer investors exposure to the overall performance of the S&P 500 VIX Short-Term Futures Index Total Return.

ETF · Asset Management - Leveraged · CBOE · Profile: Financial Modeling Prep

Related securities — ETF

SPY · IV 11.7%QQQ · IV 17.2%IWM · IV 16.6%IBIT · IV 40.8%GLD · IV 24.4%TLT · IV 10.5%

Consumer Cyclical

ABNB · Airbnb, Inc.AMZN · Amazon.com, Inc.AZO · AutoZone, Inc.BABA · Alibaba Group Holding…BBY · Best Buy Co., Inc.BYD · Boyd Gaming CorporationCAVA · CAVA Group, Inc.CCL · Carnival Corporation & plc

ETF

ARKK · ARK Innovation ETFBITO · ProShares Bitcoin ETFDIA · State Street SPDR Dow…EEM · iShares MSCI Emerging…EFA · iShares MSCI EAFE ETFEWZ · iShares MSCI Brazil ETFFXI · iShares China Large-Cap ETFGDX · VanEck Gold Miners ETF

Technology

AAPL · Apple Inc.ADBE · Adobe Inc.AI · C3.ai, Inc.AMAT · Applied Materials, Inc.AMD · Advanced Micro Device…APP · AppLovin CorporationARM · Arm Holdings plc Amer…ASML · ASML Holding N.V.

Financial Services

AFRM · Affirm Holdings, Inc.ALL · The Allstate CorporationALLY · Ally Financial Inc.AXP · American Express CompanyBAC · Bank of America CorporationBLK · BlackRock, Inc.BX · Blackstone Inc.C · Citigroup Inc.

Industrials

AAL · American Airlines Gro…BA · The Boeing CompanyCAT · Caterpillar Inc.CMI · Cummins Inc.DAL · Delta Air Lines, Inc.DE · Deere & CompanyEMR · Emerson Electric Co.ETN · Eaton Corporation plc

Energy

BKR · Baker Hughes CompanyCCJ · Cameco CorporationCOP · ConocoPhillipsCVX · Chevron CorporationDVN · Devon Energy CorporationENPH · Enphase Energy, Inc.EOG · EOG Resources, Inc.ET · Energy Transfer LP