options · BTC
BTC · ETH · 1,218 instruments across 4 venues · collected 2026-10-06 23:26 UTC
spot 85,514.63
open interest $36.9B
calls $22.5B
puts $14.3B
put/call 0.64
at-the-money vol 32.9%
nearest max pain 78,000 -8.8%
BTC — Open interest by strike across expiries · calls vs puts USD notional ($M). Bars above the line = CALLS, below = PUTS; colour = expiry tenor. snapshot 2026-10-06 23:26 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 85,515 ▲ 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 $M for that strike/expiry · shared colour scale across both panels · blue dashed line = spot · snapshot 2026-10-06 23:26 UTC CALLS 30 70 57 86 37 93 44 94 332 183 73 63 113 102 179 52 44 48 51 100 57 41 135 102 774 102 31 125 129 108 51 124 110 30 47 45 61 191 73 312 60 89 33 143 67 33 57 63 37 172 118 377 29 52 45 114 52 127 49 50 216 97 1297 287 351 85 72 116 69 44 253 43 68 38 104 34 2126 101 178 48 35 45 1208 70 629 165 151 33 278 121 526 77 34 07OCT 0d 08OCT 1d 09OCT 2d 10OCT 3d 16OCT 9d 23OCT 16d 30OCT 23d 06NOV 30d 27NOV 51d 25DEC 79d 26MAR 170d 25JUN 261d 24SEP 352d expiry → spot 85,515 PUTS 224 193 50 460 225 115 84 224 221 34 67 345 111 147 34 612 84 127 41 147 39 54 179 104 87 76 144 71 51 41 248 35 260 57 115 88 158 168 150 166 76 56 108 41 60 106 72 54 127 71 125 36 118 146 69 235 36 213 40 31 89 34 73 77 63 39 72 88 38 45 45 73 90 89 40 63 44 63 29 218 63 07OCT 0d 08OCT 1d 09OCT 2d 10OCT 3d 16OCT 9d 23OCT 16d 30OCT 23d 06NOV 30d 27NOV 51d 25DEC 79d 26MAR 170d 25JUN 261d 24SEP 352d expiry → spot 85,515 30,000 40,000 50,000 55,000 60,000 62,000 65,000 68,000 70,000 72,000 75,000 76,000 78,000 80,000 82,000 84,000 85,000 86,000 88,000 89,000 90,000 92,000 95,000 100,000 110,000 120,000 strike ($) ↑ 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
-8.8%
2026-10-07
0d
$915M
$466M
$449M
0.96
86,000
+0.6%
2026-10-08
1d
$400M
$224M
$177M
0.79
86,500
+1.2%
2026-10-09
2d
$2.6B
$1.2B
$1.4B
1.21
85,000
-0.6%
2026-10-10
3d
$33M
$19M
$14M
0.76
86,000
+0.6%
2026-10-16
9d
$1.1B
$493M
$557M
1.13
85,000
-0.6%
2026-10-23
16d
$371M
$166M
$205M
1.23
86,000
+0.6%
2026-10-30
23d
$12.2B
$8.2B
$4.0B
0.48
79,000
-7.6%
2026-11-06
30d
$98M
$36M
$61M
1.69
84,000
-1.8%
2026-11-27
51d
$2.2B
$1.4B
$813M
0.59
80,000
-6.4%
2026-12-25
79d
$11.7B
$7.1B
$4.6B
0.64
75,000
-12.3%
2027-03-26
170d
$3.7B
$2.2B
$1.5B
0.69
74,000
-13.5%
2027-06-25
261d
$1.3B
$832M
$430M
0.52
66,000
-22.8%
2027-09-24
352d
$310M
$157M
$153M
0.97
84,000
-1.8%
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
+11.1%
$2.6B
$38M
$2.6B
above
90,000
+5.2%
$2.5B
$88M
$2.6B
above
100,000
+16.9%
$2.2B
$36M
$2.2B
above
80,000
-6.4%
$1.2B
$927M
$2.1B
below
70,000
-18.1%
$613M
$694M
$1.3B
below
88,000
+2.9%
$889M
$264M
$1.2B
above
85,000
-0.6%
$739M
$397M
$1.1B
below
60,000
-29.8%
$216M
$916M
$1.1B
below
75,000
-12.3%
$314M
$677M
$991M
below
84,000
-1.8%
$432M
$440M
$872M
below
78,000
-8.8%
$248M
$606M
$854M
below
40,000
-53.2%
$32M
$819M
$852M
below
82,000
-4.1%
$417M
$347M
$764M
below
92,000
+7.6%
$674M
$7M
$681M
above
built and unwound · last 24h
strike vs spot calls puts total side
85,500
-0.0%
-$9M
-$52M
-$60M
below
70,000
-18.1%
-$3M
+$49M
+$46M
below
86,000
+0.6%
+$2M
+$40M
+$42M
above
69,000
-19.3%
-$263K
+$33M
+$33M
below
85,000
-0.6%
+$694K
+$27M
+$27M
below
87,000
+1.7%
-$25M
-$2M
-$27M
above
88,000
+2.9%
+$23M
+$971K
+$24M
above
86,250
+0.9%
+$24M
+$646K
+$24M
above
86,500
+1.2%
+$21M
+$545K
+$21M
above
98,000
+14.6%
+$20M
+$293K
+$20M
above
87,500
+2.3%
+$18M
-$477K
+$17M
above
100,000
+16.9%
+$16M
-$175K
+$15M
above
venues
venue instruments open interest share
Deribit
940
$31.1B
84.3%
OKX
724
$2.6B
7.1%
Bybit
678
$1.6B
4.4%
Binance
646
$1.6B
4.2%