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Bitwise Hyperliquid ETF BHYP

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Market dataready · fetched 2026-11-11T15:10:02.371Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-20

Calculation methodology

Options historyIV: ThetaData historical Greeks, equal-weight mean of call/put 50-delta IV across the next four listed Friday-cycle expirations, including holiday shifts verified against ThetaData’s market calendar. Missing inputs leave gaps. Skew: equal-weight mean of put minus call IV across those four expirations. IV-implied move history: mean of each expiration’s average call/put IV multiplied by the square root of remaining calendar days divided by 365.25; percentage of spot, not a quoted straddle premium.

History data

PriceAlpaca · sip · 2026-11-11T15:07:53.928865972Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-11T15:10:01.704161+00:00

Share price$40.91
1D-0.8%
$40.83$40.96$41.08$41.20$41.335:30 AM6:30 AM9:00 AM1:00 PMBHYP
Sold putSold call

Bitwise Hyperliquid ETF options

Live interpolated BHYP call and put midpoint premiums by absolute delta.Bitwise Hyperliquid ETF$1.02$2.00$2.98$3.96$4.94$33.29$37.80$42.32$46.83$51.3520Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80Δ75Δ P unavailable: no unambiguous, price-consistent delta bracketP —80Δ P unavailable: no unambiguous, price-consistent delta bracketP —OPTION PRICELive BHYP spot · $40.91BHYP PRICE$1.12$1.33$1.42$1.57$1.74$1.93$2.10$2.27$2.45$2.91$3.42$4.00$4.66$1.39$1.52$1.68$1.47$1.97$2.13$2.38$2.86$3.33$3.80$4.38
Puts——
CallsExpensive1.53×
Skew——
Implied moveBearish±$4.48
Tilt——
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ53.93175.3%34.6%33.89168.0%20.6%
25Δ49.83154.2%25.1%36.06141.2%15.6%
30Δ46.51127.5%17.2%37.67123.5%12.0%
35Δ44.59113.9%12.8%39.2288.4%7.7%
40Δ43.26103.9%10.0%39.8797.7%7.4%
45Δ42.2396.7%8.0%40.5990.3%6.0%
50Δ41.3889.4%6.3%41.3383.9%4.8%
55Δ40.6582.7%4.9%42.0684.2%4.2%
60Δ40.0176.7%3.8%42.8084.4%3.5%
65Δ39.3279.1%3.2%43.5384.7%2.9%
70Δ38.5981.4%2.7%44.3585.6%2.3%
75Δ37.8083.4%2.2%
80Δ36.9384.7%1.7%

20Δ

Calls
Pseudo strike
53.93
IV
175.3%
B/E move
34.6%
Puts
Pseudo strike
33.89
IV
168.0%
B/E move
20.6%

25Δ

Calls
Pseudo strike
49.83
IV
154.2%
B/E move
25.1%
Puts
Pseudo strike
36.06
IV
141.2%
B/E move
15.6%

30Δ

Calls
Pseudo strike
46.51
IV
127.5%
B/E move
17.2%
Puts
Pseudo strike
37.67
IV
123.5%
B/E move
12.0%

35Δ

Calls
Pseudo strike
44.59
IV
113.9%
B/E move
12.8%
Puts
Pseudo strike
39.22
IV
88.4%
B/E move
7.7%

40Δ

Calls
Pseudo strike
43.26
IV
103.9%
B/E move
10.0%
Puts
Pseudo strike
39.87
IV
97.7%
B/E move
7.4%

45Δ

Calls
Pseudo strike
42.23
IV
96.7%
B/E move
8.0%
Puts
Pseudo strike
40.59
IV
90.3%
B/E move
6.0%

50Δ

Calls
Pseudo strike
41.38
IV
89.4%
B/E move
6.3%
Puts
Pseudo strike
41.33
IV
83.9%
B/E move
4.8%

55Δ

Calls
Pseudo strike
40.65
IV
82.7%
B/E move
4.9%
Puts
Pseudo strike
42.06
IV
84.2%
B/E move
4.2%

60Δ

Calls
Pseudo strike
40.01
IV
76.7%
B/E move
3.8%
Puts
Pseudo strike
42.80
IV
84.4%
B/E move
3.5%

65Δ

Calls
Pseudo strike
39.32
IV
79.1%
B/E move
3.2%
Puts
Pseudo strike
43.53
IV
84.7%
B/E move
2.9%

70Δ

Calls
Pseudo strike
38.59
IV
81.4%
B/E move
2.7%
Puts
Pseudo strike
44.35
IV
85.6%
B/E move
2.3%

75Δ

Calls
Pseudo strike
37.80
IV
83.4%
B/E move
2.2%
Puts
Pseudo strike
IV
B/E move

80Δ

Calls
Pseudo strike
36.93
IV
84.7%
B/E move
1.7%
Puts
Pseudo strike
IV
B/E move

Options history

IV · four-Friday blend74.16%
Daily close
BHYP67.4%84.2%101.0%2026-08-13: 79.37%2026-08-14: 79.00%2026-08-17: 80.72%2026-08-18: 87.95%2026-08-19: 90.22%2026-08-20: 91.26%2026-09-17: 98.70%2026-09-25: 78.01%2026-09-28: 82.55%2026-09-29: 78.24%2026-09-30: 78.87%2026-10-01: 73.52%2026-10-02: 74.57%2026-10-06: 75.73%2026-10-07: 76.82%2026-10-08: 76.20%2026-10-09: 76.22%2026-10-13: 77.05%2026-10-14: 86.44%2026-10-15: 93.92%2026-10-16: 73.30%2026-10-19: 71.87%2026-10-20: 70.01%2026-10-21: 76.34%2026-10-22: 72.42%2026-10-23: 72.43%2026-10-26: 73.45%2026-10-27: 72.96%2026-10-28: 72.65%2026-10-29: 69.69%2026-10-30: 74.16%Aug 13Oct 8Oct 30
31 observations2026-08-13 — 2026-10-30
Table
DateIV (%)
79.37%
79.00%
80.72%
87.95%
90.22%
91.26%
98.70%
78.01%
82.55%
78.24%
78.87%
73.52%
74.57%
75.73%
76.82%
76.20%
76.22%
77.05%
86.44%
93.92%
73.30%
71.87%
70.01%
76.34%
72.42%
72.43%
73.45%
72.96%
72.65%
69.69%
74.16%