TRX 25SEP26 Options Chain

TRX options expiring 25SEP26, 18 days out, with the forward at $0.33. Open interest is $5M in calls and $6M in puts, put/call 1.32, and max pain is $0.33. At-the-money implied volatility is 22.2%. 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 TRX 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
0	–	– / – 72%	0.2	– / $0.00 72%	–	1750000
0	–	– / – 60%	0.24	– / $0.00 60%	–	6160000
0	–	– / – 54%	0.25	– / $0.00 54%	–	1800000
0	–	– / – 49%	0.26	$0.00 / $0.00 49%	–	1390000
0	–	– / – 45%	0.27	$0.00 / $0.00 45%	–	1020000
0	–	– / – 40%	0.28	$0.00 / $0.00 40%	–	400000
240000	–	– / – 36%	0.29	$0.00 / $0.00 36%	–	860000
40000	–	– / – 32%	0.3	$0.00 / $0.00 32%	–	670000
260000	–	– / – 27%	0.31	$0.00 / $0.00 27%	–	1150000
920000	–	$0.02 / $0.02 24%	0.32	$0.00 / $0.00 24%	–	570000
1760000	–	$0.01 / $0.01 22%	0.33	$0.00 / $0.00 22%	–	990000
680000	–	$0.00 / $0.00 22%	0.34	$0.01 / $0.01 22%	–	410000
570000	–	$0.00 / $0.00 23%	0.35	$0.02 / $0.02 23%	–	380000
810000	–	$0.00 / $0.00 25%	0.36	– / – 25%	–	370000
190000	–	$0.00 / $0.00 29%	0.37	– / – 29%	–	200000
330000	–	$0.00 / $0.00 32%	0.38	– / – 32%	–	300000
250000	–	$0.00 / $0.00 35%	0.39	– / – 35%	–	0
490000	–	$0.00 / $0.00 38%	0.4	– / – 38%	–	0
60000	–	$0.00 / $0.00 41%	0.41	– / – 41%	–	0
100000	–	$0.00 / $0.00 45%	0.42	– / – 45%	–	0
340000	–	$0.00 / $0.00 49%	0.43	– / – 49%	–	0
190000	–	$0.00 / $0.00 51%	0.44	– / – 51%	–	0
240000	–	$0.00 / $0.00 53%	0.45	– / – 53%	–	0
200000	–	– / $0.00 56%	0.46	– / – 56%	–	0
1150000	–	– / $0.00 60%	0.48	– / – 60%	–	0
330000	–	– / $0.00 60%	0.5	– / – 60%	–	0
760000	–	– / $0.00 60%	0.52	– / – 60%	–	0
230000	–	– / $0.00 60%	0.54	– / – 60%	–	0
3520000	–	– / $0.00 60%	0.55	– / – 60%	–	0
270000	–	– / $0.00 60%	0.6	– / – 60%	–	0

TRX 25SEP26 Options Chain

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
0	–	– / – 72%	0.2	– / $0.00 72%	–	1750000
0	–	– / – 60%	0.24	– / $0.00 60%	–	6160000
0	–	– / – 54%	0.25	– / $0.00 54%	–	1800000
0	–	– / – 49%	0.26	$0.00 / $0.00 49%	–	1390000
0	–	– / – 45%	0.27	$0.00 / $0.00 45%	–	1020000
0	–	– / – 40%	0.28	$0.00 / $0.00 40%	–	400000
240000	–	– / – 36%	0.29	$0.00 / $0.00 36%	–	860000
40000	–	– / – 32%	0.3	$0.00 / $0.00 32%	–	670000
260000	–	– / – 27%	0.31	$0.00 / $0.00 27%	–	1150000
920000	–	$0.02 / $0.02 24%	0.32	$0.00 / $0.00 24%	–	570000
1760000	–	$0.01 / $0.01 22%	0.33	$0.00 / $0.00 22%	–	990000
680000	–	$0.00 / $0.00 22%	0.34	$0.01 / $0.01 22%	–	410000
570000	–	$0.00 / $0.00 23%	0.35	$0.02 / $0.02 23%	–	380000
810000	–	$0.00 / $0.00 25%	0.36	– / – 25%	–	370000
190000	–	$0.00 / $0.00 29%	0.37	– / – 29%	–	200000
330000	–	$0.00 / $0.00 32%	0.38	– / – 32%	–	300000
250000	–	$0.00 / $0.00 35%	0.39	– / – 35%	–	0
490000	–	$0.00 / $0.00 38%	0.4	– / – 38%	–	0
60000	–	$0.00 / $0.00 41%	0.41	– / – 41%	–	0
100000	–	$0.00 / $0.00 45%	0.42	– / – 45%	–	0
340000	–	$0.00 / $0.00 49%	0.43	– / – 49%	–	0
190000	–	$0.00 / $0.00 51%	0.44	– / – 51%	–	0
240000	–	$0.00 / $0.00 53%	0.45	– / – 53%	–	0
200000	–	– / $0.00 56%	0.46	– / – 56%	–	0
1150000	–	– / $0.00 60%	0.48	– / – 60%	–	0
330000	–	– / $0.00 60%	0.5	– / – 60%	–	0
760000	–	– / $0.00 60%	0.52	– / – 60%	–	0
230000	–	– / $0.00 60%	0.54	– / – 60%	–	0
3520000	–	– / $0.00 60%	0.55	– / – 60%	–	0
270000	–	– / $0.00 60%	0.6	– / – 60%	–	0