What is the VIX Options Chain?
The VIX options chain displays all available call and put option contracts for the CBOE Volatility Index (VIX), often called the "fear gauge" of the stock market. VIX measures expected 30-day volatility of the S&P 500 based on SPX options prices. VIX options are European-style and cash-settled, making them unique instruments for trading volatility itself. When markets panic, VIX spikes; when markets are calm, VIX falls. Our free VIX options chain viewer provides real-time data including bid/ask quotes, last trade price, volume, open interest, implied volatility, and the full suite of Greeks (Delta, Gamma, Theta, Vega) for every contract.
Why Use Our VIX Options Chain Viewer?
VIX options are the purest way to trade market volatility and hedge portfolio risk. VIX tends to spike during market crashes and decline during bull markets, making VIX calls excellent portfolio insurance. VIX options have unique pricing dynamics — they trade based on VIX futures, not the spot VIX index, creating opportunities for sophisticated traders.
VIX Calls & Puts Side-by-Side
View VIX calls and puts in a traditional options chain layout, grouped by expiration date with the strike price as the center column for easy comparison.
Powerful Filters
Filter VIX options by expiration date, strike price range, and contract type (calls only, puts only, or both) to quickly find the contracts that match your strategy.
Near Real-Time VIX Data
VIX options data auto-refreshes every 30 seconds so you always see current bid/ask spreads, volume, and implied volatility without manually reloading.
Full Greeks & IV for VIX
Every VIX contract displays Delta, Gamma, Theta, Vega, and implied volatility — essential metrics for evaluating risk and pricing efficiency.
VIX Options Trading Tips
VIX options settle to VIX futures, not the spot VIX — understand this critical difference.
VIX call options are popular portfolio hedges — they gain value when markets crash.
VIX mean-reverts — extremely high or low VIX levels tend to reverse.
VIX options have high implied volatility (volatility of volatility), making them expensive.
How to Use the VIX Options Chain
- 1
View the VIX Chain
The VIX options chain loads automatically when you visit this page. All available expirations and strikes are displayed with real-time data.
- 2
Filter by Expiration & Strike
Use the expiration date dropdown and strike price range inputs to narrow down the VIX chain to the contracts you care about.
- 3
Analyze Quotes & Greeks
Review bid/ask spreads, volume, open interest, IV, and Greeks for each VIX contract. The data refreshes automatically every 30 seconds.