Bitwise Hyperliquid ETF (BHYP) Options Volume

771 Bitwise Hyperliquid ETF (BHYP) option contracts changed hands in the latest session, at a put/call volume ratio of 0.03. This page tracks how actively BHYP options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$46.95
52-week range
$29.34 – $54.05
ATM IV (30d)
89.9%
IV rank
74 / 100
High
Expected move
±$5.84 (±12.4%)
Put/call OI
0.10
Call-heavy
Max pain
$41
↓ 12.7% below close

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Options Volume & Premium Flow

Total options volume771
Call volume751
Put volume20
Put/call volume ratio0.03
Listed contracts256
Call premium traded$138.56K
Put premium traded$15.74K
Premium put/call ratio0.11
Open interest rank (31 day)100 / 100
Skew rank (31 day)20 / 100

BHYP Options Volume Trend

0224.1448.2672.2896.3Jul '26Aug '26Oct '26

BHYP total options volume per session, past year.

0.002.384.777.159.53Jul '26Aug '26Oct '26

BHYP put/call volume ratio, past year.

BHYP Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
BHYP $55 call Nov 20, 2026 $1.85 72.1% 28 748 22.4× avg

With a put/call volume ratio of 0.03, today's trading is tilted toward calls. Measured in dollars rather than contracts, $138.56K of call premium and $15.74K of put premium changed hands — the larger premium flow is on the call side. One contract is trading at least three times their own 30-day average volume — activity worth a closer look.

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BHYP Options FAQ

How many BHYP options traded today?

771 BHYP option contracts traded as of Oct 9, 2026 — 751 calls and 20 puts.

Is there unusual options activity in BHYP today?

Yes — one contract is trading at least three times its 30-day average volume as of Oct 9, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

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.