IBIT Option Chain — Live

Crypto ETF

iShares Bitcoin Trust ETF · All strikes, calls, puts, Greeks, IV, open interest. Updated every 30 seconds during market hours.

$44.00
Last updated: · auto-refresh in 30s
Calls
Strike
Puts
BidAskLastVolIV%Δ Strike BidAskLastVolIV%Δ
23.78 24.21 24.27 77 20.00 0.00 0.01 0.01 4
18.95 19.31 19.19 80 25.00 0.00 0.03 0.01 20
17.84 18.18 16.90 1 26.00 0.00 0.03 0.01 2
16.58 17.54 12.06 37 27.00 0.00 0.03 0.01 92
16.07 16.47 16.06 1 28.00 0.00 0.03 0.01 1
14.88 14.91 15.16 1 29.00 0.00 0.03 0.01 2
13.60 14.32 12.47 5 30.00 0.00 0.03 0.01 10
12.95 13.30 12.98 10 31.00 0.00 0.01 0.01 16
12.09 12.29 12.13 11 32.00 0.00 0.01 0.01 2
11.19 11.78 11.61 1 32.50 0.00 0.03 0.01 23
10.60 11.30 11.02 2 33.00 0.00 0.01 0.01 1
10.28 10.67 10.44 2 33.50 0.00 0.01 0.01 49
9.90 10.19 10.10 10 34.00 0.00 0.01 0.01 42
9.44 9.79 9.70 2 34.50 0.00 0.01 0.01 2
8.90 9.31 8.97 5 35.00 0.00 0.03 0.01 1
8.35 8.76 8.63 2 35.50 0.00 0.03 0.01 82
7.88 8.28 8.20 3 36.00 0.00 0.03 0.01 2
7.26 7.83 7.79 4 36.50 0.00 0.01 0.01 6
6.85 7.17 7.00 81 37.00 0.00 0.03 0.01 2
6.28 6.87 6.56 21 37.50 0.00 0.01 0.01 2
5.95 6.17 6.03 197 38.00 0.00 0.03 0.01 7
5.42 5.53 5.46 23 38.50 0.00 0.03 0.01 2
5.00 5.01 5.00 44 39.00 0.00 0.01 0.01 36
4.44 4.51 4.40 77 39.50 0.00 0.01 0.01 12
3.88 4.11 3.93 407 40.00 0.00 0.01 0.01 15
3.40 3.67 3.50 261 40.50 0.00 0.01 0.01 7
2.90 3.13 2.99 297 41.00 0.00 0.01 0.01 28
2.42 2.54 2.51 497 41.50 0.00 0.03 0.01 1324
1.92 2.04 1.98 734 42.00 0.00 0.01 0.01 258
1.46 1.56 1.57 1200 42.50 0.00 0.01 0.01 389
0.97 1.07 0.99 2096 43.00 0.00 0.01 0.01 4203
0.51 0.56 0.52 3394 43.50 0.01 0.02 0.03 4684
0.10 0.12 0.12 8814 44.00 0.10 0.11 0.11 9464
0.00 0.03 0.02 19191 44.50 0.44 0.50 0.43 2370
0.00 0.01 0.01 13991 45.00 0.94 1.09 1.01 3060
0.00 0.03 0.01 3213 45.50 1.42 1.53 1.52 253
0.00 0.01 0.01 9977 46.00 1.91 2.09 1.94 219
0.03 0.04 0.01 9019 46.50 2.42 2.73 2.49 8
0.00 0.03 0.01 5666 47.00 2.59 3.22 3.16 5
0.00 0.01 0.01 99 48.00 3.83 4.08 3.90 6
0.00 0.01 0.01 9 49.00 4.79 5.17 4.91 3
0.00 0.03 0.01 19 50.00 5.75 6.31 6.00 87
0.00 0.03 0.01 1 51.00 6.62 7.33 8.00 4
0.00 0.01 0.01 1 52.00 7.64 8.29 7.72 199
0.00 0.01 0.02 31 53.00 8.72 9.02 8.89 14
0.00 0.01 0.01 60 54.00 9.42 10.39 9.60 15
0.00 0.01 0.01 4 55.00 10.41 11.27 11.00 100
0.00 0.01 0.03 6 56.00 11.83 12.02 13.40 5
0.00 0.03 0.03 1 57.00 12.65 13.24 12.91 4
0.00 0.03 0.01 1 58.00 13.34 14.24 15.15 1
0.00 0.03 0.01 4 59.00 14.58 14.98 14.81 1
0.00 0.01 0.01 10 60.00 15.62 15.99 15.90 3
0.00 0.01 61.00 16.87 17.47
0.00 0.01 62.00 17.55 18.29
0.00 0.01 63.00 18.91 19.47 18.60 1
0.00 0.01 64.00 19.23 19.91
0.00 0.03 0.01 1 65.00 20.44 21.37 20.80 1
0.00 0.01 66.00 21.47 22.57 21.60 1
0.00 0.03 67.00 22.65 23.17 22.80 1
0.00 0.03 0.01 2 70.00 25.27 26.05
0.00 0.03 0.01 50 75.00 30.81 31.36

About iShares Bitcoin Trust ETF Options

BlackRock's spot Bitcoin ETF — one of the largest BTC ETFs by assets. Tracks the price of Bitcoin with no futures-roll drag.

IBIT options provide direct BTC exposure with US-listed options. Growing liquidity, moderate IV, popular for hedging and directional crypto plays.

How to Read the IBIT Option Chain

Each row above is one strike price. Calls (right to buy IBIT) sit on the left; puts (right to sell) sit on the right. For both sides you see the bid, ask, last traded price, volume, implied volatility (IV%) and delta (Δ). The highlighted row is the at-the-money strike — the one closest to the current IBIT price of $44.00.

Bid/ask is what buyers are willing to pay and what sellers want; the midpoint is a fair estimate of the option's value. Last is the most recent trade. IV% is the market's implied forecast of IBIT's future price movement — higher IV means pricier premiums. Delta roughly equals how much the option price moves per $1 change in IBIT.

Frequently Asked Questions

What is the IBIT option chain?

The IBIT option chain is the complete list of call and put options available on iShares Bitcoin Trust ETF for every strike price and expiration date. Each row shows the bid/ask, last trade, volume, open interest, implied volatility, and Greeks (delta, gamma, theta, vega) for one contract.

How often is this IBIT option chain updated?

Quotes, Greeks, and implied volatility refresh every 30 seconds during US market hours (9:30am to 4:00pm ET, Monday to Friday). Outside market hours the page refreshes once per hour. The timestamp in the header shows exactly when the data was last updated.

Where does IBIT options data come from?

Options data is sourced from Alpaca's OPRA-backed market feed. Implied volatility and Greeks are computed using Black-Scholes-Merton pricing with a continuous dividend yield for iShares Bitcoin Trust ETF.

How do I read an option chain?

Each row is a strike price. Call options (right to buy) are on the left, put options (right to sell) are on the right. For each side you see the bid (what buyers will pay), ask (what sellers want), last (last traded price), and Greeks. The ATM strike is highlighted — it is closest to the current IBIT price.

What are the Greeks in the IBIT option chain?

Delta measures how much the option price changes per $1 move in IBIT. Gamma is the rate of change of delta. Theta is daily time decay (negative for long options). Vega is sensitivity to implied-volatility changes. These appear per strike in the table above.

Why trade IBIT options?

IBIT options provide direct BTC exposure with US-listed options. Growing liquidity, moderate IV, popular for hedging and directional crypto plays.

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