On Aug 12, 2026, at 8AM UTC, Bybit Options Data will introduce a major upgrade, delivering deeper market intelligence right where you trade.

What's new
The redesigned Options Data page brings institutional-grade analytics into a cleaner, more accessible interface. Key enhancements include:

• BVOL: Bybit's proprietary volatility index, now benchmarked live against RV30, with IV Smile, Term Structure, and 25 Delta Skew available across all expiries.
• Max Pain: Visualized directly against the Index Price, highlighting key Open Interest concentration areas and potential pin risk as expiry approaches.
• Position Structure: Analyzes Open Interest and Volume by Notional or Contract, Call/Put OI Ratio, and 24H Taker Buy/Sell activity.
• Market Activity: Tracks Gamma Exposure (GEX), Flip Point levels, and real-time Large and Mega Order activity.


Core benefits
• Trade volatility, not just price: Understand when implied volatility is trading at a premium or discount through BVOL vs. RV30.
• Identify where price may gravitate: Use Max Pain to understand potential price tendencies as expiry approaches.
• Read positioning, not noise: See what the market is actually pricing through OI, GEX, and skew analytics.
• Trade with professional-grade intelligence: Access the same frameworks used by market makers, now built directly into Bybit Options.

At Bybit, we continue to raise the standard for Options trading by delivering more powerful tools, deeper insights, and a better trading experience. This is only the beginning, with more upgrades on the way.

Explore the upgraded Options Data page today.