IVOP (iPath Inverse S&P 500 VIX Short-Term Futures ETN II)

IVOP Exposure and Basic Characteristics

IVOP is a short VIX ETN by Barclays iPath, similar to XXV and also similar to more liquid short VIX ETFs and ETNs by other providers like XIV (by VelocityShares) or SVXY (by ProShares). All these exchange traded products are designed to track the inverse of S&P500 VIX Short-Term Futures Index and therefore provide short exposure to near term VIX futures.

Direction: Short, unleveraged

Underlying index: S&P500 VIX Short-Term Futures Index ER

Exposure: Short of the short end of the VIX futures curve (short positions in the first and the second VIX futures contract months – rolling to maintain constant 1 month maturity).

IVOP options: Not available

Product type: ETN (exchange traded note)

Issuer: Barclays Bank PLC

Provider: Barclays iPath

Inception date: 16 September 2011

Official Information and Links

The iPath® Inverse S&P 500 VIX Short-Term Futures™ ETN (II) is designed to provide investors with inverse exposure to the S&P 500 VIX Short-Term Futures™ Index Excess Return. Source: Official website and factsheet (see links below).

IVOP product page:

IVOP factsheet:

IVOP prospectus:

Provider website:

IVOP Quotes, Assets, and Trading Volume

Yahoo Finance:


Related pages

vix put optionsmerton option pricing modelblack scholes with dividendsvix options expirationhow to create excel formulasdefinition of skewness and kurtosisdelta for put optionyahoo finance currency historical dataoption skew explainedwhat is a formula in excel definitionstrangle positionsample covariance in excelspx marketyahoo finance stock quotes in excels&p futures tickeraverages on excelbullish spreadsharpe formulakurtosis and skewness normal distributionmacd trading strategygeometric average return formulacalculate annualized volatilitydiv yield formulasum of x squared calculatorgreeks gammaoption pricing calculator black scholesvix funds etfoptions long straddlevix options settlementoption implied volatilityoption implied volatilitymoneyness of an optionmarket cap weighted indexmacd settingsblack scholes formulastandard deviation equation in excelsample variance and standard deviationblack shoelssample kurtosisstdev ifoptions trading bookhow to calculate bep in excelfutures notional valueskewness meaningtrading hedge fundwhat is the formula for waccwhat is sampling variationrsi ematrading the vixvelocityshares daily inverseeurostoxx optionsdebit call spreadoptions futures and other derivatives solution manualexcel standard deviation calculationgreeks for optionscalculating the sample variancekurtosis calculatorconvert standard deviation to varianceannualised volatilitybull call spread option strategyblack-scholes opmfeatures of derivative marketformula for coefficient of skewnessdefinition of sigma in statisticsarithmetic average return calculatorvxx etfgreeks calculatoryahoo finance symbolstrading using macdweighted avg cost of capitaldelta option formulaexcess kurtosisimplied volatility term structureleveraged vixgeometric average vs arithmetic average