HYPE 25SEP26 Options Chain

HYPE options expiring 25SEP26, 18 days out, with the forward at $88.19. Open interest is $54M in calls and $41M in puts, put/call 0.75, and max pain is $60. 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.

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	– / – 118%	– / – 119%	50	$0.04 / $0.12 119%	$0.01 / $0.36 118%	18618
6900	– / – 115%	– / – 119%	52	$0.00 / $0.14 119%	– / $0.38 115%	5294
4234	– / – 111%	– / – 119%	54	$0.00 / – 119%	– / $0.40 111%	6161
58856	$32.45 / – 109%	– / – 116%	55	$0.20 / $0.50 116%	– / $0.41 110%	19325
1140	–	– / – 113%	56	$0.10 / – 113%	–	3690
2848	– / – 103%	– / – 105%	58	$0.10 / – 105%	$0.06 / $0.45 104%	24687
51730	$18.25 / – 100%	– / – 98%	60	$0.10 / $0.62 98%	– / $0.48 100%	13224
2640	–	– / – 91%	62	$0.10 / – 91%	–	4190
2920	–	– / – 84%	64	$0.10 / $0.26 84%	–	5770
32866	$23.11 / $23.81 90%	$0.86 / – 80%	65	$0.15 / $0.27 80%	$0.06 / $0.58 91%	16244
9971	$22.20 / $22.89 88%	– / – 80%	66	$0.26 / $0.30 80%	$0.08 / $0.60 89%	12693
60940	$20.22 / $20.95 85%	$16.40 / – 75%	68	$0.26 / $0.37 75%	$0.14 / $0.57 85%	22306
10068	$18.30 / $19.07 81%	– / – 73%	70	$0.38 / $0.46 73%	$0.22 / $0.69 81%	12985
12016	$16.43 / – 77%	$3.55 / – 71%	72	$0.52 / $0.62 71%	$0.34 / $0.78 77%	6211
11094	$14.57 / – 74%	– / – 69%	74	$0.71 / $0.84 69%	$0.54 / $0.97 74%	4550
7619	$13.81 / $14.56 73%	– / $21.00 69%	75	$0.83 / $0.97 69%	$0.67 / $1.05 72%	5712
3379	$12.79 / $13.66 71%	$0.10 / $14.80 68%	76	$0.96 / $1.12 68%	$0.80 / $1.24 71%	44014
8460	$11.58 / $11.99 68%	$1.36 / $14.80 67%	78	$1.30 / $1.47 67%	$1.23 / $1.59 68%	2687
60327	$10.02 / $10.40 66%	$9.58 / $11.01 66%	80	$1.73 / $1.91 66%	$1.58 / $2.03 66%	42971
3490	–	$8.27 / $9.51 65%	82	$2.27 / $2.46 65%	–	80
470	–	$7.07 / $8.12 64%	84	$2.94 / $3.14 64%	–	130
26377	$6.65 / $7.05 64%	$6.69 / $6.92 64%	85	$3.32 / $3.53 64%	$3.18 / $3.68 64%	6360
430	–	$6.11 / $6.34 64%	86	$3.74 / $3.96 64%	–	200
400	–	$5.09 / $5.32 64%	88	$4.71 / $4.94 64%	–	140
22121	$4.23 / $4.52 66%	$4.23 / $4.46 66%	90	$5.84 / $6.07 66%	$5.83 / $6.29 66%	430
150	–	$3.54 / $3.72 67%	92	$7.10 / $7.35 67%	–	0
2880	–	$2.70 / $2.84 68%	95	$8.79 / $10.10 68%	–	100
77162	$1.79 / $2.22 74%	$1.78 / $1.84 72%	100	– / – 72%	$13.16 / $13.74 74%	520
37583	$0.54 / $1.08 80%	$0.72 / $0.86 78%	110	– / – 78%	$22.07 / $22.96 80%	600
5768	$0.15 / $0.72 87%	$0.28 / $0.45 83%	120	– / – 83%	$31.63 / $32.44 87%	50
2932	– / $0.50 92%	$0.13 / $0.27 89%	130	– / – 89%	$41.49 / $42.25 92%	30
3915	– / $0.50 97%	–	140	–	– / – 97%	0
8531	– / $0.40 101%	–	150	–	– / – 101%	0
810	– / $0.50 104%	–	160	–	– / – 104%	0