Trading a VXX straddle lets you take a pure volatility position on iPath Series B S&P 500 VIX Short-Term FuturesTM ETN without committing to a direction. iPath Series B S&P 500 VIX Short-Term FuturesTM ETN's straddle involves buying (or selling) a call and a put at the same strike and expiration, profiting when the stock moves more (or less) than the combined premium implies. Use our scanner to evaluate VXX straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on VXX profits from large moves in either direction and is a classic play into binary events like earnings, product announcements, or macro releases. A short straddle profits when iPath Series B S&P 500 VIX Short-Term FuturesTM ETN stays range-bound and implied volatility contracts. The breakeven points are simple: strike plus total premium on the upside, strike minus total premium on the downside. Comparing the VXX straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The iPath Series B S&P 500 VIX Short-Term Futures ETNs are designed to provide exposure to the S&P 500 VIX Short-Term Futures Index Total Return. The ETNs are unsecured debt obligations of Barclays Bank PLC.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the VXX straddle is the cleanest expression of that view. Our scanner prices every VXX straddle against historical realized moves, flags expirations where the market is overpaying or underpaying for vol, and ranks setups by breakeven width and IV rank. Whether you're long a VXX straddle into a catalyst or short a VXX straddle to harvest decay, the options straddle setups that matter are all in one place.
