01 — VXX · BULL PUT SPREADS

Best VXX bull put 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
$18/$17 put spread · Dec 4
34 DAYS · 6.3% OTM · 1 WIDE · SELL TO OPEN
Credit
$69
Return
222.58%
PoP
65%
SpreadExpirationCreditReturn ↓PoP
$18.5 / $17.5
3.7% OTM · 1 wide
Dec 4
34 days
$60
$0.60 / share
150%61%
$18.5 / $17.5
3.7% OTM · 1 wide
Nov 27
27 days
$58
$0.58 / share
138.1%61%
$18 / $17
6.3% OTM · 1 wide
Nov 27
27 days
$43
$0.43 / share
75.44%67%
$17 / $16
11.5% OTM · 1 wide
Dec 4
34 days
$28
$0.28 / share
38.89%75%
$17.5 / $16.5
8.9% OTM · 1 wide
Dec 4
34 days
$16
$0.16 / share
19.05%70%
$12.5 / $12
34.9% OTM · 1 wide
Nov 27
27 days
$2
$0.02 / share
4.17%70%
$17.5 / $16.5
8.9% OTM · 1 wide
Nov 27
27 days
$4
$0.04 / share
4.17%72%
8 of 8 matchesCustomize filters →

03 — Strategy

Bull Put Spreads, plainly explained

Moderately bullish traders who want defined risk and credit-based income.

P&L at expiration · $18/$17 put spread · 34 DTE

$0+$69−$31$17 LONG$17.31 BE$18 SHORT

Key numbers

Premium collected+$69
Max profit+$69
Max loss−$31
Breakeven$17.31
Spread$18 / $17
Probability of profit65%
Days to expiration34

When this trade makes sense

Use when

    Avoid when

      Read the full bull put 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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