BTC options expiring 20SEP26, 4 days out, with the forward at $75,883. Open interest is $728K in calls and $1M in puts, put/call 1.47, and max pain is $76,000. At-the-money implied volatility is 37.5%. 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.