Why are there no options for XIV? (inverse volatility ETF)

Okay but the point is that these options decay-
I'm not too interested in getting a call option VXX seeing as how rapidly they die
 
Quote from Newmoney24:

It has a significant amount of volume - frustrated that it has no options, anyone know why?

There are options on SVXY, that's the same as XIV.
 
Update: But you can't hold SVXY in an IRA, at least not at IB. Suggestions? Discount brokers that offer it? Which ones? Think or Swim? Tasty Trade? Altenatatives for short vol hedged with calls in an IRA?
 
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