2x Long VIX Futures ETF
2x Long VIX Futures ETF (UVIX) Implied Volatility Current
UVIX implied volatility is 115%. IV Rank is 19%, placing current premiums in the bottom of their 52-week range.
Read more
Tracking UVIX implied volatility helps you identify when options premiums on 2x Long VIX Futures ETF are historically cheap or expensive, and where the best trades are hiding. 2x Long VIX Futures ETF implied volatility reflects the market's expectation of future price movement: when UVIX IV rises, option premiums increase, creating opportunities for sellers, and when it drops, buyers can find cheaper contracts. Use our scanner to monitor 2x Long VIX Futures ETF's implied volatility current levels in real time and filter for high-probability trades.
Implied volatility is derived from option prices using models like Black-Scholes and represents the annualized expected move of an underlying stock. For UVIX, tracking metrics like UVIX IV rank helps traders understand whether current implied volatility is historically high or low. IV rank compares today's reading against the past year's range — a high rank on UVIX signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.
The index measures the daily performance of a portfolio of long positions in first and second month VIX futures contracts. This theoretical portfolio is rolled each day to maintain a consistent time to maturity of the futures contracts. The index is calculated daily at 4:00 p.m. (Eastern time) and at a value calculated from the average price for the futures contracts between 3:45 p.m. (Eastern time) and 4:00 p.m. (Eastern time).
Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where UVIX implied volatility sits today versus where it has been. Our scanner ranks 2x Long VIX Futures ETF implied volatility against its historical range, surfaces extremes in UVIX IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether 2x Long VIX Futures ETF IV is rich or cheap — measure it, then act on it.
Implied Volatility
IV is compressed vs the past year - options are relatively cheap, favoring buyers.
As of September 23, 2026
Trade options with IV on your side
Track UVIX IV rank across every expiration, spot where volatility is elevated, and identify high-probability setups before the window closes.
Start your 14-day free trial→