VIX Options Volume

571,585 VIX option contracts changed hands in the latest session, at a put/call volume ratio of 0.40. This page tracks how actively VIX options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Aug 25, 2026, 3:58 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$15.42
52-week range
$13.47 – $30.75
ATM IV (30d)
120.9%
IV rank
11 / 100
Low
Expected move
±$4.58 (±29.7%)
Put/call OI
0.37
Call-heavy
Max pain
$20
↑ 29.7% above close

Options Volume & Premium Flow

Total options volume571,585
Call volume407,040
Put volume164,545
Put/call volume ratio0.40
Listed contracts1,000
Call premium traded$37.02M
Put premium traded$16.25M
Premium put/call ratio0.44
Open interest rank (31 day)14 / 100
Skew rank (31 day)65 / 100

VIX Options Volume Trend

0634.9K1.3M1.9M2.5MFeb '26May '26Aug '26

VIX total options volume per session, past year.

0.000.901.812.713.62Feb '26May '26Aug '26

VIX put/call volume ratio, past year.

VIX Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
VIX $28 call Oct 21, 2026 $0.97 149.4% 21,373 36,294 17.4× avg
VIX $21 call Sep 16, 2026 $0.64 141.8% 116,209 33,755 4.0× avg
VIX $22 call Sep 16, 2026 $0.58 147.9% 165,934 31,402 3.7× avg
VIX $20 call Sep 16, 2026 $0.71 0.0% 334,843 30,096 3.6× avg
VIX $16 put Oct 21, 2026 $0.51 8.0% 138,889 23,613 7.2× avg
VIX $17 put Nov 18, 2026 $1.04 0.0% 65,557 23,266 4.4× avg
VIX $30 call Nov 18, 2026 $1.23 140.1% 74,534 20,393 9.8× avg

With a put/call volume ratio of 0.40, today's trading is tilted toward calls. Measured in dollars rather than contracts, $37.02M of call premium and $16.25M of put premium changed hands — the larger premium flow is on the call side. 7 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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VIX Options FAQ

How many VIX options traded today?

571,585 VIX option contracts traded as of Aug 25, 2026 — 407,040 calls and 164,545 puts.

Is there unusual options activity in VIX today?

Yes — 7 contracts are trading at least three times their 30-day average volume as of Aug 25, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.