HYPE 25SEP26 Options Chain

HYPE options expiring 25SEP26, 18 days out, with the forward at $87.63. Open interest is $54M in calls and $40M in puts, put/call 0.75, and max pain is $60. At-the-money implied volatility is 67.6%. 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
9494	– / – 116%	– / – 119%	50	$0.04 / $0.12 119%	$0.01 / $0.36 116%	18618
6900	– / – 112%	– / – 119%	52	$0.00 / $0.14 119%	– / $0.38 112%	5294
4234	– / – 108%	– / – 119%	54	$0.00 / – 119%	– / – 108%	6161
58856	$31.93 / – 106%	– / – 115%	55	$0.20 / $0.50 115%	– / $0.41 106%	19325
1140	–	– / – 111%	56	$0.10 / – 111%	–	3690
2848	– / – 101%	– / – 104%	58	$0.10 / – 104%	$0.06 / $0.45 101%	24687
51730	$18.25 / – 97%	– / – 96%	60	$0.10 / $0.62 96%	– / $0.48 97%	13224
2640	–	– / – 89%	62	$0.10 / – 89%	–	4190
2920	–	– / – 82%	64	$0.10 / $0.26 82%	–	5770
32866	$22.72 / $23.28 88%	$0.86 / – 80%	65	$0.10 / $0.29 80%	$0.07 / $0.40 88%	16244
9971	$21.75 / $22.28 87%	– / – 79%	66	$0.26 / $0.31 79%	$0.24 / $0.33 87%	12693
60940	$19.81 / $20.36 83%	$16.40 / – 74%	68	$0.28 / $0.38 74%	$0.27 / $0.46 83%	22306
10068	$17.90 / $18.49 80%	– / – 72%	70	$0.39 / $0.48 72%	$0.38 / $0.62 80%	12985
12016	$16.01 / – 76%	$3.55 / – 70%	72	$0.53 / $0.65 70%	$0.50 / $0.78 76%	6211
11094	$14.16 / $15.00 73%	– / – 68%	74	$0.72 / $0.88 68%	$0.67 / $0.93 73%	4550
7619	$13.23 / $14.01 72%	– / $21.00 67%	75	$0.84 / $1.02 67%	$0.80 / $1.09 72%	5712
3379	$12.73 / $13.15 70%	$0.10 / $14.80 67%	76	$0.98 / $1.18 67%	$0.92 / $1.29 70%	44014
8460	$11.10 / $11.51 68%	$10.58 / $12.16 67%	78	$1.43 / $1.57 67%	$1.35 / $1.67 68%	2687
60327	$9.60 / $9.95 66%	$9.19 / $10.56 66%	80	$1.93 / $2.08 66%	$1.74 / $2.14 66%	42971
3490	–	$7.92 / $9.10 65%	82	$2.39 / $2.74 65%	–	80
470	–	$6.73 / $7.73 65%	84	$3.07 / $3.53 65%	–	130
26377	$6.29 / $6.71 65%	$6.21 / $7.14 65%	85	$3.47 / $3.93 65%	$3.47 / $3.91 65%	6360
430	–	$5.73 / $6.54 64%	86	$3.89 / $4.38 64%	–	200
400	–	$4.79 / $5.43 68%	88	$4.97 / $5.55 68%	–	140
22121	$3.92 / $4.29 68%	$4.05 / $4.60 70%	90	$6.08 / $6.73 70%	$6.13 / $6.69 68%	430
150	–	$3.40 / $3.86 71%	92	$7.14 / $8.21 71%	–	0
2880	–	$2.63 / $2.93 72%	95	$9.11 / $10.47 72%	–	100
77162	$1.56 / $2.14 76%	$1.78 / $1.91 75%	100	– / – 75%	$13.64 / $14.20 76%	520
37583	$0.64 / $1.00 84%	$0.66 / $0.89 80%	110	– / – 80%	$22.59 / $23.32 84%	600
5768	$0.25 / $0.51 91%	$0.28 / $0.49 85%	120	– / – 85%	$32.20 / $33.01 91%	50
2932	– / $0.43 97%	$0.12 / $0.89 89%	130	– / – 89%	$42.03 / $42.79 97%	30
3915	– / $0.50 102%	–	140	–	– / – 102%	0
8531	– / $0.40 107%	–	150	–	– / – 107%	0