HYPE options expiring 2OCT26, 20 days out, with the forward at $79.85. Open interest is $137K in calls and $320K in puts, put/call 2.33, and max pain is $80. At-the-money implied volatility is 63.6%. 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.