Duolingo (DUOL) Options Chain

NASDAQ: DUOLTechnologyComputer Software: Prepackaged SoftwareUSD

149.92-1.30 (-0.86%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $149.92
Put/call ratio (OI): 0.52
Put/call ratio (volume): 1.72
ATM implied volatility: 64.7%
Expected move: ±$109.83
Open interest (C / P): 12.74K / 6.66K

DUOL options summary

The DUOL options chain for the January 21, 2028 expiration lists 61 call and 54 put contracts, with 468 days until expiration. Open interest stands at 12,745 calls and 6,658 puts, a put/call ratio of 0.52, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $150.00 strike is 64.7%, which implies the market expects a move of about ±$109.83 (73.3%) in Duolingo stock by expiration.

The most open interest sits at the $100.00 call (5.14K contracts) and the $60.00 put (2.31K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

DUOL options chain · January 21, 2028

DUOL calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
46	1	89.9%	110.00	103.50	108.00	50.00	2.05	3.00	3.00	70.4%	1	226
11	1	87.6%	98.07	99.50	104.00	55.00	1.35	4.30	2.87	66.8%	1	84
38	4	86.2%	91.70	96.00	100.00	60.00	2.00	6.00	5.00	68.0%	10	2,306
0	1	—	62.35	0.00	0.00	65.00	0.00	0.00	7.20	12.5%	25	0
51	2	83.5%	76.50	88.50	93.00	70.00	4.00	8.50	5.10	67.3%	10	36
42	1	82.2%	100.10	85.00	89.50	75.00	5.00	9.50	8.23	65.9%	1	82
33	3	81.5%	74.50	81.50	86.50	80.00	6.00	11.00	8.71	65.1%	3	105
30	1	80.4%	89.50	78.50	83.00	85.00	9.00	12.50	10.29	66.8%	1	253
53	2	79.3%	72.64	75.50	79.50	90.00	10.40	14.00	11.30	65.7%	11	549
27	1	77.9%	83.20	72.00	76.50	95.00	12.10	15.50	13.00	64.9%	1	79
5,142	2	77.6%	72.15	69.50	73.50	100.00	13.10	16.00	14.66	61.9%	3	129
36	3	76.5%	62.54	66.50	70.50	105.00	14.50	19.00	18.80	62.1%	8	85
89	2	76.1%	64.34	63.80	68.00	110.00	16.50	21.00	18.03	61.5%	1	158
74	1	74.9%	60.50	60.50	65.50	115.00	18.50	22.30	22.90	60.1%	3	91
66	1	73.8%	60.73	58.00	62.40	120.00	20.50	25.50	22.60	60.4%	5	134
85	1	74.2%	53.50	56.00	60.50	125.00	23.00	27.00	24.50	59.4%	2	129
182	1	72.9%	56.00	53.50	57.40	130.00	25.50	29.50	28.00	59.0%	1	62
24	1	72.5%	51.10	51.00	55.50	135.00	28.00	32.50	31.25	59.0%	2	48
53	1	72.3%	52.00	49.00	53.50	140.00	30.50	35.50	36.40	58.7%	14	74
48	10	72.1%	45.74	47.00	51.50	145.00	33.50	38.00	38.60	58.3%	5	97
DUOL $149.92
541	1	71.7%	46.60	45.00	49.50	150.00	36.00	41.00	41.22	57.8%	1	86
52	9	71.1%	44.40	43.00	47.50	155.00	39.00	44.00	46.30	57.5%	108	77
96	7	70.5%	42.70	41.00	45.50	160.00	42.00	47.00	48.25	57.0%	1	46
58	1	70.6%	48.42	39.50	44.00	165.00	45.00	50.00	49.96	56.5%	2	78
98	3	70.2%	39.45	37.50	42.50	170.00	48.50	53.00	50.00	56.2%	3	48
75	1	69.7%	38.50	36.00	40.50	175.00	51.50	56.50	54.70	55.8%	5	120
62	1	69.5%	36.50	34.50	39.00	180.00	55.00	59.50	66.20	55.3%	1	39
75	1	69.5%	28.60	33.00	38.00	185.00	58.50	63.00	65.26	55.0%	1	39
99	7	69.5%	33.20	32.00	36.50	190.00	62.00	66.50	68.23	54.7%	1	626
60	1	68.9%	31.50	30.80	34.50	195.00	0.00	0.00	73.87	—	2	0
943	2	68.9%	31.40	29.00	34.00	200.00	69.00	73.60	71.89	53.7%	1	531
588	3	68.8%	29.08	27.00	31.50	210.00	76.50	81.50	82.30	53.4%	1	12
275	9	68.3%	26.30	24.50	29.50	220.00	84.50	89.00	94.09	52.7%	1	62
64	2	68.0%	24.70	22.50	27.50	230.00	0.00	0.00	128.90	—	1	0
72	4	67.9%	19.50	21.00	25.50	240.00	100.50	105.00	105.81	51.3%	1	12
299	1	68.7%	21.52	20.50	24.00	250.00	108.50	113.50	113.50	50.4%	1	44
97	3	67.8%	17.00	18.00	22.50	260.00	117.00	122.00	132.39	54.3%	1	18
22	2	67.5%	19.60	16.50	21.00	270.00	0.00	0.00	168.80	—	1	0
46	1	67.5%	15.85	15.00	20.00	280.00	140.00	144.50	157.07	58.5%	1	21
33	6	67.2%	19.00	14.00	18.50	290.00	0.00	0.00	196.50	—	1	0
354	1	67.3%	15.95	13.00	17.50	300.00	152.50	157.50	160.19	52.7%	1	26
156	2	67.2%	15.43	12.00	16.50	310.00	0.00	0.00	215.51	—	1	0
39	2	67.4%	14.60	11.00	16.00	320.00	171.00	175.50	169.99	51.0%	1	6
31	3	67.5%	12.50	10.50	15.00	330.00	180.50	185.00	179.02	51.0%	1	20
46	10	65.4%	13.01	9.50	12.30	340.00	190.00	194.50	200.88	51.0%	1	2
33	1	67.4%	12.35	9.00	13.50	350.00	0.00	0.00	216.13	—	1	0
0	2	12.5%	13.30	0.00	0.00	360.00	—	—	—	—	—	—
19	2	67.5%	11.30	7.50	12.50	370.00	—	—	—	—	—	—
18	3	67.6%	10.80	7.00	12.00	380.00	—	—	—	—	—	—
95	5	67.7%	13.94	6.50	11.50	390.00	—	—	—	—	—	—
73	1	67.7%	10.50	6.00	11.00	400.00	252.00	256.50	275.00	56.8%	2	1
17	2	67.6%	9.70	5.50	10.50	410.00	—	—	—	—	—	—
36	2	68.0%	8.70	5.50	10.00	420.00	319.50	324.50	308.30	139.6%	5	11
0	1	12.5%	9.50	0.00	0.00	430.00	297.00	301.50	257.58	91.0%	—	1
19	1	68.2%	7.59	4.50	9.50	440.00	—	—	—	—	—	—
290	2	68.4%	7.30	4.50	9.00	450.00	348.00	353.00	296.90	140.6%	50	3
428	5	68.7%	7.50	4.00	9.00	460.00	—	—	—	—	—	—
5	2	68.2%	8.00	3.50	8.50	470.00	297.50	302.00	299.50	—	—	1
18	22	69.0%	6.45	3.50	8.50	480.00	379.00	384.00	345.60	145.0%	—	0
75	18	68.5%	6.60	3.00	8.00	490.00	318.50	323.50	243.65	—	1	1
1,208	1	68.2%	5.90	3.00	7.30	500.00	385.50	390.50	405.50	126.8%	25	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the DUOL put/call ratio?

For the January 21, 2028 expiration, the DUOL put/call ratio based on open interest is 0.52 (6,658 puts vs 12,745 calls), and 1.72 based on today's volume. A ratio above 1 means more puts than calls.

What is DUOL's implied volatility?

At-the-money implied volatility for DUOL options expiring January 21, 2028 is about 64.7%, an annualized estimate of how much the market expects Duolingo stock to move.

How many DUOL option expiration dates are there?

DUOL has 11 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.