BTC options expiring 18SEP26, 11 days out, with the forward at $79,544. Open interest is $499M in calls and $333M in puts, put/call 0.67, and max pain is $79,000. At-the-money implied volatility is 37.1%. 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.