01 — VXX · BEAR CALL SPREADS

Best VXX bear call spreads setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

Short-dated VIX futures tracker with structural decay and event-driven spike potential.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
iPath Series B S&P 500 VIX Short-Term Futures ETN
Volatility ETN
VXX
$19.21+9.1% / 30d
IV rank (1y)
42.4% · moderate
Option vol
58K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.

Days to expiration
Probability of profit
Sort by
Top pick · credit spread
$25/$26 call spread · Dec 4
34 DAYS · 30.1% OTM · 1 WIDE · SELL TO OPEN
Credit
$95
Return
1900%
PoP
73%
SpreadExpirationCreditReturn ↓PoP
$22 / $23
14.5% OTM · 1 wide
Nov 27
27 days
$68
$0.68 / share
212.5%62%
$24 / $25
24.9% OTM · 1 wide
Dec 4
34 days
$37
$0.37 / share
58.73%69%
$24 / $25
24.9% OTM · 1 wide
Nov 27
27 days
$23
$0.23 / share
29.87%71%
$22 / $23
14.5% OTM · 1 wide
Dec 4
34 days
$17
$0.17 / share
20.48%61%
5 of 5 matchesCustomize filters →

03 — Strategy

Bear Call Spreads, plainly explained

Moderately bearish or neutral traders seeking defined-risk credit income.

P&L at expiration · $25/$26 call spread · 34 DTE

$0+$95−$5$26 LONG$25.95 BE$25 SHORT

Key numbers

Premium collected+$95
Max profit+$95
Max loss−$5
Breakeven$25.95
Spread$25 / $26
Probability of profit73%
Days to expiration34

When this trade makes sense

Use when

    Avoid when

      Read the full bear call spreads guide →

      05 — RUN IT LIVE

      See the highest chance of profit on VXX.

      Alpha Hawk scans live chains and recommends setups based on current market conditions.

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