HYPE options expiring 8SEP26, 1 days out, with the forward at $88.17. Open interest is $136K in calls and $348K in puts, put/call 2.56, and max pain is $89. At-the-money implied volatility is 61.3%. 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.