Vix Futures Expiration Calendar 2025. The last trading day of vix options is on the business day before. Vix options (and vix futures, for that matter) typically expire on wednesday, with the last full day of trading being tuesday.

The vix offers clues to the level of stress or fear in the stock market by using the s&p 500 index as a proxy. Cfe may list up to six consecutive weekly expirations for vix futures.