GBTC Option Overview

Grayscale Bitcoin Trust ETF (GBTC) options traded 1.02K contracts on Nov 12, 2026, below the 20-day average of 1.18K. The put-call ratio was 0.30, signaling bullish options sentiment. 30-day implied volatility was 40.4%, with an IV rank of 17, near the bottom of its one-year range.

About GBTC

Dividend Yield
—
Average Volume
1.63M
High Today
$56.96
Low Today
$54.87
Open Price
$55.37
Volume
1.78M
52 Week High
$82.14
52 Week Low
$44.98
Implied Volatility (30d)
40.40%
IV Rank
16.54%
IV Percentile
49.8%
Historical Volatility
31.61%
IV Low
30.58% on 08/12/26
IV High
89.99% on 02/05/26
Today's Open Interest
52,764
Put-Call Ratio
0.36
Put Open Interest
13,989
Call Open Interest
38,775
Open Interest Avg (30-day)
51,495
Today vs Open Interest Avg (30-day)
102.46%
Today's Volume
1,015
Put-Call Ratio
0.30
Put Volume
232
Call Volume
783
Volume Avg (30-day)
1,150
Today vs Volume Avg (30-day)
88.26%

Option Chain Statistics

This table provides a comprehensive overview of all GBTC options grouped by their expiration dates.

GBTC Options FAQ

How actively are GBTC options traded?

657 calls and 303 puts traded on Nov 11, 2026, 960 contracts in total. Over the past 30 days, volume averaged 1.15K contracts per day. The GBTC option volume chart shows volume by strike and expiration date.

Is GBTC implied volatility high right now?

GBTC IV rank is 16, so its 30-day implied volatility of 40.2% is near the bottom of its one-year range. Over the past year it ranged from 30.6% on Aug 12, 2026 to 90.0% on Feb 5, 2026. See the GBTC implied volatility history for a longer view.

What is the GBTC put/call ratio?

The GBTC put/call volume ratio was 0.46 on Nov 11, 2026, which signals bullish sentiment. The GBTC open interest chart shows calls and puts at each strike.

What is GBTC max pain this week?

As of the Nov 11, 2026 close, max pain for GBTC options about one week from expiration was $59.79, 3.9% above the $57.54 close. The GBTC max pain chart shows it for every expiration date.

What is GBTC's expected move over the next week?

Based on 7-day implied volatility of 42.7%, options price a move of about ±$3.40 (±5.9%) over the next week, a range of roughly $54.14 to $60.94 from the Nov 11, 2026 close. The GBTC expected move chart shows it for every expiration date.

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