iShares Bitcoin Trust ETF (IBIT) Most Active Options

The 25 most actively traded iShares Bitcoin Trust ETF (IBIT) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.

Data as of Aug 25, 2026, 3:50 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$44.61
52-week range
$33.24 – $71.30
ATM IV (30d)
41.6%
IV rank
21 / 100
Low
Expected move
±$3.76 (±8.4%)
Put/call OI
0.70
Call-heavy
Max pain
$40
↓ 10.3% below close
Next earnings
Nov 8, 2026

Most Active IBIT Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
IBIT $45 call Aug 28, 2026 3d $0.59 45.3% 75 0.45 20,393 18,784 1.7× avg
IBIT $45 call Aug 26, 2026 1d $0.26 42.3% 70 0.39 14,749 16,335 1.5× avg
IBIT $44 put Aug 26, 2026 1d $0.13 43.8% 9 -0.24 4,593 15,606 2.2× avg
IBIT $48 call Sep 18, 2026 24d $0.86 28,006 13,010
IBIT $46 call Aug 26, 2026 1d $0.09 49.7% 83 0.14 9,961 12,836 1.2× avg
IBIT $47 call Aug 28, 2026 3d $0.13 10,093 9,609
IBIT $62 call Mar 19, 2027 206d $2.04 12,075 9,605
IBIT $44 put Aug 28, 2026 3d $0.45 0.0% 0 1.00 4,968 9,094 1.3× avg
IBIT $45 call Aug 31, 2026 6d $0.84 7,389 8,419
IBIT $40 put Nov 20, 2026 87d $1.70 0.0% 0 1.00 4,107 8,028 18.9× avg
IBIT $34 put Nov 20, 2026 87d $0.55 4,107 7,935
IBIT $42 put Sep 18, 2026 24d $0.81 0.0% 0 1.00 8,374 7,777 9.8× avg
IBIT $44.5 put Aug 26, 2026 1d $0.35 44.3% 9 -0.42 1,928 7,273 1.0× avg
IBIT $43 put Aug 31, 2026 6d $0.33 0.0% 0 1.00 1,821 7,234 3.1× avg
IBIT $45 put Aug 31, 2026 6d $1.11 1,402 6,839
IBIT $45.5 call Aug 26, 2026 1d $0.13 44.5% 74 0.23 2,953 6,644 0.6× avg
IBIT $42 put Sep 25, 2026 31d $0.99 2,070 6,453
IBIT $45 call Sep 18, 2026 24d $1.84 0.0% 0 1.00 62,137 6,253 3.9× avg
IBIT $46 call Aug 31, 2026 6d $0.49 5,199 6,012
IBIT $46 call Aug 28, 2026 3d $0.29 0.0% 0 1.00 13,546 5,888 0.5× avg
IBIT $40 put Sep 18, 2026 24d $0.38 0.0% 0 1.00 39,929 5,459 6.9× avg
IBIT $50 call Sep 11, 2026 17d $0.33 10,133 5,440
IBIT $44.5 put Aug 28, 2026 3d $0.63 45.8% 9 -0.45 3,440 5,409 0.8× avg
IBIT $50 call Sep 25, 2026 31d $0.73 5,931 5,374
IBIT $47 call Aug 31, 2026 6d $0.28 0.0% 0 1.00 11,184 4,743 2.6× avg

Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.

The most active IBIT contract today is the $45 call expiring in 3 days, with 18,784 contracts traded. Calls dominate the most-active list (14 of the top 25), showing where trading interest concentrates. 5 of these contracts are running well ahead of the usual daily volume.

Explore the payoff profile of option on IBIT for free

Build multi-leg IBIT strategies, visualize payoffs, and scan the full US options universe with OptiView.

IBIT Options FAQ

Which IBIT option contract is most active today?

The most traded IBIT contract is the $45 call expiring Aug 28, 2026, with 18,784 contracts traded as of Aug 25, 2026.

How does OptiView rank the most active IBIT options?

The table lists the 25 IBIT contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.

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.