BTC 25JUN27 Options Chain

BTC options expiring 25JUN27, 291 days out, with the forward at $82,388. Open interest is $518M in calls and $273M in puts, put/call 0.53, and max pain is $60,000. At-the-money implied volatility is 41.5%. 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.

Chain

Derive bid / ask (IV) · Deribit bid / ask (IV) · open interest in contracts, both venues combined.

Call OI	Derive call	Deribit call	Strike	Deribit put	Derive put	Put OI
18	– / – 48%	$33860 / $34148 48%	50000	$1565 / $1689 48%	– / – 48%	402
1	–	$32131 / $32420 47%	52000	$1813 / $1977 47%	–	40
1	–	$30400 / $30688 46%	54000	$2142 / $2266 46%	–	50
3	–	$29576 / $29906 46%	55000	$2266 / $2430 46%	–	36
3	–	$28752 / $29082 46%	56000	$2472 / $2595 46%	–	85
14	–	$27146 / $27434 45%	58000	$2842 / $3007 45%	–	92
967	$25000 / $31500 44%	$25580 / $25869 45%	60000	$3254 / $3419 45%	– / – 44%	203
117	–	$24056 / $24345 44%	62000	$3749 / $3913 44%	–	115
34	–	$22574 / $22904 44%	64000	$4284 / $4449 44%	–	62
10	$21566 / – 43%	$21791 / $22203 43%	65000	$4572 / $4737 43%	– / – 43%	33
26	–	$21215 / $21462 43%	66000	$4861 / $5067 43%	–	47
11	–	$19856 / $20144 43%	68000	$5520 / $5685 43%	–	14
196	– / – 42%	$18578 / $18825 43%	70000	$6220 / $6426 43%	– / – 42%	21
90	–	$17342 / $17589 42%	72000	$7003 / $7209 42%	–	48
21	–	$16189 / $16436 42%	74000	$7827 / $8033 42%	–	12
0	– / – 42%	–	75000	–	– / – 42%	0
23	–	$15076 / $15323 42%	76000	$8692 / $8939 42%	–	75
53	–	$14047 / $14294 42%	78000	$9639 / $9886 42%	–	105
113	– / – 41%	$13059 / $13306 41%	80000	$10669 / $10958 41%	– / – 41%	44
81	–	$12152 / $12399 42%	82000	$11781 / $12028 42%	–	24
19	–	$11287 / $11534 41%	84000	$12893 / $13181 41%	–	7
154	– / – 41%	$10875 / $11164 41%	85000	$13470 / $13759 41%	– / – 41%	11
27	–	$10504 / $10751 41%	86000	$14088 / $14418 41%	–	1
21	–	$9763 / $9969 41%	88000	$15323 / $15653 41%	–	5
765	– / – 41%	$9063 / $9310 41%	90000	$16642 / $16972 41%	– / – 41%	51
16	–	$8403 / $8650 41%	92000	$17961 / $18373 41%	–	0
18	–	$7827 / $8074 41%	94000	$19361 / $19814 41%	–	0
57	– / – 41%	$7538 / $7785 41%	95000	$20102 / $20514 41%	– / – 41%	20
32	–	$7291 / $7497 42%	96000	$20802 / $21255 42%	–	0
43	–	$6797 / $7003 42%	98000	$22286 / $22739 42%	–	0
205	– / – 42%	$6344 / $6550 42%	100000	$23809 / $24262 42%	– / – 42%	1
29	–	$5890 / $6096 42%	102000	$25251 / $25869 42%	–	0
13	–	$5479 / $5685 42%	104000	$26859 / $27476 42%	–	0
153	– / – 42%	$5314 / $5520 42%	105000	$27682 / $28300 42%	– / – 42%	0
0	–	$5108 / $5314 42%	106000	$28464 / $29123 42%	–	0
13	–	$4779 / $4984 42%	108000	$30072 / $30772 42%	–	0
270	– / – 42%	$4490 / $4655 42%	110000	$31761 / $32461 42%	– / – 42%	4
38	– / – 43%	$3790 / $3954 43%	115000	$36086 / $36828 43%	– / – 43%	0
293	– / – 43%	$3337 / $3419 43%	120000	$40492 / $41316 43%	– / – 43%	0
116	– / – 44%	$2801 / $2966 44%	125000	$44819 / $45890 44%	– / – 44%	0
762	– / – 44%	$2513 / $2554 44%	130000	$49554 / $50543 44%	– / – 44%	2
388	– / – 45%	$1936 / $1977 45%	140000	$58866 / $60102 45%	– / – 45%	3
220	– / – 46%	$1524 / $1565 47%	150000	$68503 / $69697 47%	– / – 46%	1