HYPE 25DEC26 Options Chain

HYPE options expiring 25DEC26, 109 days out, with the forward at $87.44. Open interest is $46M in calls and $33M in puts, put/call 0.72, and max pain is $58. At-the-money implied volatility is 65.2%. 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 HYPE 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
10	– / – 82%	– / – 73%	48	$0.62 / $0.88 73%	– / – 84%	18040
32150	– / – 80%	– / – 72%	50	$0.78 / $1.04 72%	$0.60 / $1.37 82%	33790
6908	– / – 79%	– / – 71%	52	$0.97 / $1.23 71%	$0.75 / $1.56 80%	5560
2400	– / – 78%	– / – 70%	54	$1.19 / $1.44 70%	$0.94 / $1.77 78%	21080
513	– / – 77%	– / – 70%	55	$1.31 / $1.57 70%	$1.04 / $1.87 77%	1240
7391	– / – 77%	– / – 70%	56	$1.44 / $1.69 70%	$1.15 / $2.01 75%	1630
4340	– / – 75%	– / – 69%	58	$1.73 / $1.99 69%	$1.41 / $2.28 75%	35630
2376	– / – 74%	$25.00 / – 68%	60	$2.03 / $2.23 68%	$1.69 / $2.60 74%	2979
2107	– / – 72%	– / – 67%	62	$2.36 / $2.69 67%	$2.73 / $2.95 72%	1260
2404	– / – 71%	– / – 66%	64	$2.73 / $3.11 66%	$2.39 / $3.34 71%	2464
4660	$26.08 / $27.55 70%	– / – 66%	65	$2.93 / $2.95 66%	$2.59 / $3.56 70%	4340
1701	$25.30 / $26.76 70%	$24.44 / $27.06 66%	66	$3.13 / $3.15 66%	$2.81 / $3.79 69%	1052
810	–	$22.92 / $25.54 66%	68	$3.65 / $4.11 66%	–	280
13825	$22.37 / $23.83 68%	$21.46 / $24.08 65%	70	$4.18 / $4.69 65%	$3.79 / $4.82 68%	7071
768	$20.99 / $22.44 67%	$20.07 / $22.69 65%	72	$4.80 / $5.34 65%	$4.36 / $5.42 67%	220
440	$19.67 / $21.12 66%	$18.75 / $21.37 64%	74	$5.43 / $6.06 64%	$4.98 / $6.07 66%	220
71986	$19.09 / $20.48 66%	$18.10 / $20.72 64%	75	$5.76 / $6.44 64%	$5.31 / $6.42 66%	530
303	$18.48 / $19.86 66%	$17.48 / $20.10 64%	76	$6.13 / $6.84 64%	$5.67 / $6.79 66%	330
1040	$17.28 / $18.65 65%	$16.35 / $18.80 64%	78	$6.88 / $7.68 64%	$6.41 / $7.56 65%	711
4847	$16.15 / $17.52 65%	$15.29 / $17.58 63%	80	$7.67 / $8.59 63%	$7.22 / $8.21 65%	1310
430	$15.05 / $16.42 65%	$14.29 / $16.43 63%	82	$8.52 / $9.58 63%	$8.10 / $9.29 65%	142
282	$14.02 / $15.39 65%	$13.35 / $15.35 63%	84	$9.44 / $10.63 63%	$9.01 / $10.25 65%	230
2318	$13.54 / $14.91 65%	$12.90 / $14.83 63%	85	$9.93 / $11.19 63%	$9.50 / $10.76 65%	1040
5440	$13.06 / $14.43 65%	$12.47 / $14.34 63%	86	$10.36 / $11.76 63%	$10.00 / $11.30 65%	40
2062	$12.16 / $13.53 65%	$11.86 / $13.39 65%	88	$11.43 / $12.96 65%	$11.03 / $12.39 65%	50
101042	$11.28 / $12.66 65%	$11.11 / $12.52 68%	90	$12.51 / $14.22 68%	$12.13 / $13.54 65%	681
441	$10.49 / $11.88 65%	$10.44 / $11.70 68%	92	$13.51 / $15.53 68%	$13.26 / $14.74 65%	70
133	$9.98 / $11.14 66%	$9.78 / $10.94 68%	94	$14.70 / $16.90 68%	$14.45 / $15.99 66%	0
4681	$9.38 / $10.77 66%	$9.44 / $10.58 68%	95	$15.32 / $17.61 68%	$15.07 / $16.64 66%	140
120	$9.36 / $10.44 66%	$9.11 / $10.23 68%	96	$15.94 / $18.33 68%	$15.71 / $17.30 66%	0
210	$8.43 / $9.78 66%	$8.53 / $9.55 68%	98	$17.22 / $19.80 68%	$17.06 / $18.66 66%	0
78036	$8.06 / $9.20 67%	$8.03 / $8.93 68%	100	$18.61 / $21.23 68%	$18.45 / $20.07 67%	60
1345	$6.77 / $7.89 68%	$6.80 / $7.55 68%	105	$22.31 / $24.93 68%	$22.08 / $23.73 68%	0
4052	$5.74 / $6.82 69%	$5.80 / $6.39 69%	110	$26.21 / $28.83 69%	$25.93 / $27.65 69%	10
750	$4.74 / $5.92 70%	$4.97 / $5.43 69%	115	$30.32 / $32.94 69%	$29.95 / $31.72 70%	60
3768	$4.08 / $5.19 71%	$4.05 / $4.65 70%	120	– / – 70%	$34.14 / $35.98 71%	0
57	$3.46 / $4.58 72%	$3.53 / $4.05 70%	125	– / – 70%	$38.45 / $40.36 72%	0
94597	$3.08 / $4.06 73%	$3.09 / $3.55 71%	130	– / – 71%	$42.77 / $44.80 73%	0
50	$3.00 / $3.62 74%	–	135	–	$47.29 / $49.38 74%	0
650	$2.24 / $3.26 76%	$2.42 / $2.78 73%	140	– / – 73%	$51.84 / $54.01 76%	0
150	$1.95 / $2.96 77%	–	145	–	$56.45 / $58.69 77%	0
52050	$1.71 / $2.69 78%	$1.99 / $2.20 76%	150	– / – 76%	– / – 78%	0