Butterfly Network, Inc. (BFLY) Options Statistics & Positioning

Butterfly Network, Inc. (BFLY) options trade at a 30-day at-the-money implied volatility of 88.4%, an IV rank of 35 out of 100 over the past year. The options market prices a ±$2.31 (±25.3%) move in BFLY for the front expiration. Max pain sits at $4 and the put/call open interest ratio is 0.19. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$8.97

52-week range

$1.49 – $9.68

ATM IV (30d)

88.4%

IV rank

35 / 100

Low

Expected move

±$2.31 (±25.3%)

Put/call OI

0.19

Call-heavy

Max pain

↓ 55.4% below close

Next earnings

Nov 4, 2026

Most Active BFLY Contracts

Contract	Expiration	DTE	Last	IV	Volume
BFLY $10 call	Sep 18, 2026	25d	$0.45	—	1,663
BFLY $12.5 call	Sep 18, 2026	25d	$0.05	—	356
BFLY $10 put	Sep 18, 2026	25d	$1.45	—	305
BFLY $7.5 call	Oct 16, 2026	53d	$1.99	—	182
BFLY $5.5 call	Jan 21, 2028	515d	$5.31	—	168

See all active BFLY contracts →

Explore BFLY Options Statistics

BFLY Implied Volatility

88.4% ATM IV (30d)

An IV rank of 35 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

BFLY Open Interest

0.19 put/call OI ratio

48,383 calls and 9,299 puts outstanding across all expirations.

Full open interest analysis →

BFLY Max Pain

$4 max pain

55.4% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

BFLY Gamma Exposure

$8.15K net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

BFLY Options Volume

4,089 contracts traded

Put/call volume ratio 0.29 — plus contracts running far above their usual volume.

Full volume & flow analysis →

BFLY Most Active Options

$10 top volume strike

The 25 most actively traded BFLY contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

BFLY's next expected earnings date is Nov 4, 2026. Options currently price a ±$2.31 (±25.3%) move for the front expiration.

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BFLY Options FAQ

When is BFLY's next earnings date?

BFLY's next expected earnings date is Nov 4, 2026. Options currently price a ±$2.31 (±25.3%) move for the front expiration.

How often is BFLY options data on this page updated?

All BFLY statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see BFLY max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated BFLY pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.