BTC options expiring 13SEP26, 3 days out, with the forward at $78,055. Open interest is $27M in calls and $36M in puts, put/call 1.31, and max pain is $78,500. At-the-money implied volatility is 38.0%. Where a strike is listed on both venues the cheaper ask and richer bid are visible side by side; the arb scanner flags any gap that exceeds fees. Strikes shown are within 60% of the forward. All BTC expiries.