BTC 23SEP26 Options Chain

BTC options expiring 23SEP26, 4 days out, with the forward at $81,424. Open interest is $57K in calls and $2M in puts, put/call 37.71, and max pain is $81,500. At-the-money implied volatility is 30.3%. 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.

Chain

Best bid / ask across Derive and Deribit; open interest in contracts, both venues. Wider screens show each venue and its IV.Derive bid / ask (IV) · Deribit bid / ask (IV) · open interest in contracts, both venues combined.

Strike	Call bid / ask	Put bid / ask	OI c / p
65000	$14770 / $17904	– / $12.00	0 / 0
70000	$10220 / $12437	– / $19.00	0 / 0
72000	$9100 / $9700	– / $25.00	0 / 0
73000	$8100 / $8700	$5.00 / $35.00	0 / 0
74000	$7100 / $7680	$10.00 / $30.00	0 / 0
75000	$6120 / $6680	$15.00 / $40.00	0 / 0
76000	$5140 / $5740	$30.00 / $50.00	0 / 0
77000	$4180 / $4680	$50.00 / $80.00	0 / 0
78000	$3200 / $3680	$90.00 / $130	0 / 10
78500	$2780 / $3180	$135 / $180	0 / 10
79000	$2380 / $2720	$200 / $240	0 / 0
79500	$2000 / $2300	$290 / $340	0 / 0
80000	$1660 / $1900	$415 / $480	0 / 0
80500	$1360 / $1560	$580 / $650	0 / 0
81000	$1120 / $1240	$800 / $875	0 / 0
81500	$910 / $990	$1060 / $1160	0 / 0
82000	$720 / $795	$1360 / $1480	0 / 0
82500	$570 / $635	$1640 / $1880	0 / 0
83000	$460 / $505	$2000 / $2280	0 / 0
83500	$360 / $415	$2380 / $2720	0 / 0
84000	$290 / $335	$2760 / $3160	0 / 0
85000	$180 / $225	$3620 / $4100	0 / 0
86000	$120 / $155	$4460 / $5040	0 / 0
87000	$80.00 / $115	$5480 / $5980	0 / 0
88000	$60.00 / $82.00	$6400 / $6980	0 / 0
89000	$40.00 / $70.00	$7380 / $7940	0 / 0
90000	$25.00 / $42.00	$8360 / $8920	0 / 0
91000	$15.00 / $50.00	$9400 / $9960	0 / 0
95000	– / $12.00	$12373 / $14979	0 / 0

Derive call	Deribit call	Strike	Deribit put	Derive put	Put OI
$14770 / $17904 45%	–	65000	–	– / $12.00 45%	0
$10220 / $12437 45%	–	70000	–	– / $19.00 45%	0
$8401 / $10269 45%	$9100 / $9700 52%	72000	– / $30.00 52%	– / $25.00 45%	0
–	$8100 / $8700 46%	73000	$5.00 / $35.00 46%	–	0
$6574 / $8090 41%	$7100 / $7680 41%	74000	$10.00 / $30.00 41%	– / $37.00 41%	0
$5673 / $7009 39%	$6120 / $6680 38%	75000	$15.00 / $40.00 38%	– / $47.00 39%	0
$4765 / $5935 36%	$5140 / $5740 35%	76000	$30.00 / $50.00 35%	$11.00 / $68.00 36%	0
$3859 / $4869 34%	$4180 / $4680 32%	77000	$50.00 / $80.00 32%	$31.00 / $94.00 34%	0
$2954 / $3837 31%	$3200 / $3680 31%	78000	$90.00 / $130 31%	$76.00 / $137 31%	10
–	$2780 / $3180 30%	78500	$135 / $180 30%	–	10
$2344 / $2797 29%	$2380 / $2720 30%	79000	$200 / $240 30%	$165 / $282 29%	0
–	$2000 / $2300 29%	79500	$290 / $340 29%	–	0
$1518 / $1924 29%	$1660 / $1900 29%	80000	$415 / $480 29%	$258 / $508 29%	0
–	$1360 / $1560 29%	80500	$580 / $650 29%	–	0
$1001 / $1342 29%	$1120 / $1240 30%	81000	$800 / $875 30%	$684 / $963 29%	0
–	$910 / $990 30%	81500	$1060 / $1160 30%	–	0
$623 / $892 31%	$720 / $795 31%	82000	$1360 / $1480 31%	$1222 / $1575 31%	0
–	$570 / $635 32%	82500	$1640 / $1880 32%	–	0
$365 / $569 33%	$460 / $505 32%	83000	$2000 / $2280 32%	$1914 / $2317 33%	0
–	$360 / $415 34%	83500	$2380 / $2720 34%	–	0
$238 / $372 35%	$290 / $335 35%	84000	$2760 / $3160 35%	$2729 / $3160 35%	0
$154 / $250 37%	$180 / $225 37%	85000	$3620 / $4100 37%	$3287 / $4239 37%	0
$94.00 / $167 40%	$120 / $155 39%	86000	$4460 / $5040 39%	$4191 / $5292 40%	0
–	$80.00 / $115 41%	87000	$5480 / $5980 41%	–	0
$35.00 / $82.00 44%	$60.00 / $90.00 43%	88000	$6400 / $6980 43%	$6004 / $7368 44%	0
–	$40.00 / $70.00 46%	89000	$7380 / $7940 46%	–	0
$12.00 / $42.00 47%	$25.00 / $60.00 48%	90000	$8360 / $8920 48%	$7820 / $9550 47%	0
–	$15.00 / $50.00 50%	91000	$9400 / $9960 50%	–	0
– / $12.00 50%	–	95000	–	$12373 / $14979 50%	0

BTC 23SEP26 Options Chain

Chain

Strike	Call bid / ask	Put bid / ask	OI c / p
65000	$14770 / $17904	– / $12.00	0 / 0
70000	$10220 / $12437	– / $19.00	0 / 0
72000	$9100 / $9700	– / $25.00	0 / 0
73000	$8100 / $8700	$5.00 / $35.00	0 / 0
74000	$7100 / $7680	$10.00 / $30.00	0 / 0
75000	$6120 / $6680	$15.00 / $40.00	0 / 0
76000	$5140 / $5740	$30.00 / $50.00	0 / 0
77000	$4180 / $4680	$50.00 / $80.00	0 / 0
78000	$3200 / $3680	$90.00 / $130	0 / 10
78500	$2780 / $3180	$135 / $180	0 / 10
79000	$2380 / $2720	$200 / $240	0 / 0
79500	$2000 / $2300	$290 / $340	0 / 0
80000	$1660 / $1900	$415 / $480	0 / 0
80500	$1360 / $1560	$580 / $650	0 / 0
81000	$1120 / $1240	$800 / $875	0 / 0
81500	$910 / $990	$1060 / $1160	0 / 0
82000	$720 / $795	$1360 / $1480	0 / 0
82500	$570 / $635	$1640 / $1880	0 / 0
83000	$460 / $505	$2000 / $2280	0 / 0
83500	$360 / $415	$2380 / $2720	0 / 0
84000	$290 / $335	$2760 / $3160	0 / 0
85000	$180 / $225	$3620 / $4100	0 / 0
86000	$120 / $155	$4460 / $5040	0 / 0
87000	$80.00 / $115	$5480 / $5980	0 / 0
88000	$60.00 / $82.00	$6400 / $6980	0 / 0
89000	$40.00 / $70.00	$7380 / $7940	0 / 0
90000	$25.00 / $42.00	$8360 / $8920	0 / 0
91000	$15.00 / $50.00	$9400 / $9960	0 / 0
95000	– / $12.00	$12373 / $14979	0 / 0

Derive call	Deribit call	Strike	Deribit put	Derive put	Put OI
$14770 / $17904 45%	–	65000	–	– / $12.00 45%	0
$10220 / $12437 45%	–	70000	–	– / $19.00 45%	0
$8401 / $10269 45%	$9100 / $9700 52%	72000	– / $30.00 52%	– / $25.00 45%	0
–	$8100 / $8700 46%	73000	$5.00 / $35.00 46%	–	0
$6574 / $8090 41%	$7100 / $7680 41%	74000	$10.00 / $30.00 41%	– / $37.00 41%	0
$5673 / $7009 39%	$6120 / $6680 38%	75000	$15.00 / $40.00 38%	– / $47.00 39%	0
$4765 / $5935 36%	$5140 / $5740 35%	76000	$30.00 / $50.00 35%	$11.00 / $68.00 36%	0
$3859 / $4869 34%	$4180 / $4680 32%	77000	$50.00 / $80.00 32%	$31.00 / $94.00 34%	0
$2954 / $3837 31%	$3200 / $3680 31%	78000	$90.00 / $130 31%	$76.00 / $137 31%	10
–	$2780 / $3180 30%	78500	$135 / $180 30%	–	10
$2344 / $2797 29%	$2380 / $2720 30%	79000	$200 / $240 30%	$165 / $282 29%	0
–	$2000 / $2300 29%	79500	$290 / $340 29%	–	0
$1518 / $1924 29%	$1660 / $1900 29%	80000	$415 / $480 29%	$258 / $508 29%	0
–	$1360 / $1560 29%	80500	$580 / $650 29%	–	0
$1001 / $1342 29%	$1120 / $1240 30%	81000	$800 / $875 30%	$684 / $963 29%	0
–	$910 / $990 30%	81500	$1060 / $1160 30%	–	0
$623 / $892 31%	$720 / $795 31%	82000	$1360 / $1480 31%	$1222 / $1575 31%	0
–	$570 / $635 32%	82500	$1640 / $1880 32%	–	0
$365 / $569 33%	$460 / $505 32%	83000	$2000 / $2280 32%	$1914 / $2317 33%	0
–	$360 / $415 34%	83500	$2380 / $2720 34%	–	0
$238 / $372 35%	$290 / $335 35%	84000	$2760 / $3160 35%	$2729 / $3160 35%	0
$154 / $250 37%	$180 / $225 37%	85000	$3620 / $4100 37%	$3287 / $4239 37%	0
$94.00 / $167 40%	$120 / $155 39%	86000	$4460 / $5040 39%	$4191 / $5292 40%	0
–	$80.00 / $115 41%	87000	$5480 / $5980 41%	–	0
$35.00 / $82.00 44%	$60.00 / $90.00 43%	88000	$6400 / $6980 43%	$6004 / $7368 44%	0
–	$40.00 / $70.00 46%	89000	$7380 / $7940 46%	–	0
$12.00 / $42.00 47%	$25.00 / $60.00 48%	90000	$8360 / $8920 48%	$7820 / $9550 47%	0
–	$15.00 / $50.00 50%	91000	$9400 / $9960 50%	–	0
– / $12.00 50%	–	95000	–	$12373 / $14979 50%	0