options · BTC
BTC · ETH · 1,218 instruments across 4 venues · collected 2026-10-06 20:56 UTC
spot 85,601.39
open interest $36.8B
calls $22.5B
puts $14.3B
put/call 0.63
at-the-money vol 33.1%
nearest max pain 78,000 -8.9%
BTC — Open interest by strike across expiries · calls vs puts USD notional ($M). Bars above the line = CALLS, below = PUTS; colour = expiry tenor. snapshot 2026-10-06 20:56 UTC 1,000 2,000 500 10,000 35,000 48,000 55,000 59,000 63,000 67,000 71,000 75,000 79,000 82,000 84,000 85,000 86,000 87,000 88,000 89,000 92,000 96,000 100,000 106,000 112,000 118,000 135,000 170,000 210,000 250,000 spot 85,601 ▲ CALLS ▼ PUTS strike ($) open interest ($M) expiry tenor ≤ 7d 8–30d 31–90d 91–180d > 180d BTC — Open Interest: strike (y) × expiry (x), USD notional · CALLS | PUTS each cell = open interest in $M for that strike/expiry · shared colour scale across both panels · blue dashed line = spot · snapshot 2026-10-06 20:56 UTC CALLS 30 70 58 86 37 93 45 95 332 183 73 63 113 102 179 52 44 48 51 100 57 41 135 102 775 102 31 125 129 108 51 124 111 30 47 45 61 191 73 312 60 89 34 143 67 33 57 64 37 172 118 377 29 52 45 113 52 127 49 50 217 97 1299 288 351 85 72 116 70 44 254 43 68 38 104 34 2129 101 178 48 35 45 1206 70 630 165 151 32 278 121 527 77 34 07OCT 0d 08OCT 1d 09OCT 2d 10OCT 3d 16OCT 9d 23OCT 16d 30OCT 23d 06NOV 30d 27NOV 51d 25DEC 79d 26MAR 170d 25JUN 261d 24SEP 352d expiry → spot 85,601 PUTS 224 193 50 460 226 115 85 224 221 34 67 346 111 147 34 613 84 126 41 148 39 54 180 104 87 76 144 71 51 41 214 35 260 57 115 88 158 169 150 166 76 56 108 41 60 106 72 54 128 71 125 37 118 146 69 236 36 213 40 31 90 34 74 77 63 39 72 88 38 45 45 72 91 89 40 63 44 64 29 218 63 07OCT 0d 08OCT 1d 09OCT 2d 10OCT 3d 16OCT 9d 23OCT 16d 30OCT 23d 06NOV 30d 27NOV 51d 25DEC 79d 26MAR 170d 25JUN 261d 24SEP 352d expiry → spot 85,601 30,000 40,000 50,000 55,000 60,000 62,000 65,000 68,000 70,000 72,000 75,000 76,000 78,000 80,000 82,000 84,000 85,000 86,000 88,000 89,000 90,000 92,000 95,000 100,000 110,000 120,000 strike ($) ↑ 100 200 open interest per cell ($M, USD notional)
expiries
expiry dte open interest calls puts put/call max pain vs spot
2026-10-06
0d
$0
$0
$0
—
78,000
-8.9%
2026-10-07
0d
$911M
$463M
$448M
0.97
86,000
+0.5%
2026-10-08
1d
$397M
$222M
$175M
0.79
86,500
+1.0%
2026-10-09
2d
$2.6B
$1.2B
$1.4B
1.20
85,000
-0.7%
2026-10-10
3d
$29M
$17M
$12M
0.68
86,500
+1.0%
2026-10-16
9d
$1.1B
$493M
$558M
1.13
85,000
-0.7%
2026-10-23
16d
$371M
$166M
$205M
1.23
86,000
+0.5%
2026-10-30
23d
$12.1B
$8.2B
$3.9B
0.47
79,000
-7.7%
2026-11-06
30d
$94M
$36M
$59M
1.64
84,000
-1.9%
2026-11-27
51d
$2.2B
$1.4B
$814M
0.59
80,000
-6.5%
2026-12-25
79d
$11.7B
$7.1B
$4.6B
0.64
75,000
-12.4%
2027-03-26
170d
$3.7B
$2.2B
$1.5B
0.69
74,000
-13.6%
2027-06-25
261d
$1.3B
$833M
$430M
0.52
66,000
-22.9%
2027-09-24
352d
$311M
$158M
$153M
0.97
84,000
-1.9%
max pain is the strike at which the most open contracts expire worthless, weighted by open interest in the base coin. It describes where positioning sits, not where price is going.
where the size sits
strike vs spot calls puts total side
95,000 +11.0%
$2.6B
$38M
$2.6B above
90,000 +5.1%
$2.5B
$88M
$2.6B above
100,000 +16.8%
$2.2B
$36M
$2.2B above
80,000 -6.5%
$1.2B
$927M
$2.1B below
70,000 -18.2%
$614M
$661M
$1.3B below
88,000 +2.8%
$889M
$265M
$1.2B above
85,000 -0.7%
$739M
$396M
$1.1B below
60,000 -29.9%
$216M
$915M
$1.1B below
75,000 -12.4%
$315M
$677M
$992M below
84,000 -1.9%
$432M
$440M
$872M below
78,000 -8.9%
$248M
$607M
$855M below
40,000 -53.3%
$32M
$820M
$853M below
82,000 -4.2%
$418M
$346M
$764M below
92,000 +7.5%
$674M
$7M
$680M above
built and unwound · last 24h
strike vs spot calls puts total side
85,500 -0.1%
-$10M
-$50M
-$60M below
86,000 +0.5%
+$4M
+$43M
+$47M above
85,000 -0.7%
+$3M
+$34M
+$36M below
87,000 +1.6%
-$24M
-$1M
-$26M above
88,000 +2.8%
+$22M
+$2M
+$24M above
86,250 +0.8%
+$23M
+$845K
+$24M above
87,500 +2.2%
+$23M
-$457K
+$22M above
98,000 +14.5%
+$22M
+$302K
+$22M above
86,500 +1.0%
+$21M
+$950K
+$22M above
100,000 +16.8%
+$19M
-$52K
+$19M above
106,000 +23.8%
+$13M
-$78
+$13M above
79,000 -7.7%
-$531K
-$12M
-$13M below
venues
venue instruments open interest share
Deribit
940
$31.0B
84.3%
OKX
724
$2.6B
7.1%
Bybit
678
$1.6B
4.4%
Binance
646
$1.6B
4.2%
