Wheels Up Experience (UP) Options Chain

NYSE: UPConsumer DiscretionaryTransportation ServicesUSD

3.81-0.08 (-2.06%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 97
Share price: $3.81
Put/call ratio (OI): 0.07
Put/call ratio (volume): 0.04
ATM implied volatility: 262.5%
Expected move: ±$5.16
Open interest (C / P): 12.07K / 861

UP options summary

The UP options chain for the January 15, 2027 expiration lists 9 call and 9 put contracts, with 97 days until expiration. Open interest stands at 12,070 calls and 861 puts, a put/call ratio of 0.07, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $4.00 strike is 262.5%, which implies the market expects a move of about ±$5.16 (135.3%) in Wheels Up Experience stock by expiration.

The most open interest sits at the $1.50 call (3.39K contracts) and the $2.00 put (644 contracts).

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

UP options chain · January 15, 2027

UP 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
1,586	10	—	0.20	0.05	0.30	0.50	0.25	0.35	0.30	528.1%	1	116
626	30	—	0.10	0.05	0.15	1.00	0.00	0.00	0.55	50.0%	5	0
3,394	1	—	0.09	0.05	0.10	1.50	0.50	1.60	0.83	499.2%	7	45
2,725	1,704	—	0.08	0.00	0.10	2.00	1.40	1.80	1.59	559.4%	4	644
1,134	21	—	0.05	0.00	0.10	2.50	1.95	2.25	2.01	583.6%	1	6
1,050	40	—	0.05	0.00	0.15	3.00	1.20	3.80	2.45	557.8%	50	46
808	11	—	0.05	0.00	0.15	3.50	1.80	3.70	2.20	488.7%	—	2
UP $3.81
629	2	28.9%	0.05	0.00	0.15	4.00	2.25	4.20	2.60	496.1%	1	1
118	13	47.3%	0.05	0.00	0.15	4.50	2.80	5.60	3.50	693.8%	—	1

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 UP put/call ratio?

For the January 15, 2027 expiration, the UP put/call ratio based on open interest is 0.07 (861 puts vs 12,070 calls), and 0.04 based on today's volume. A ratio above 1 means more puts than calls.

What is UP's implied volatility?

At-the-money implied volatility for UP options expiring January 15, 2027 is about 262.5%, an annualized estimate of how much the market expects Wheels Up Experience stock to move.

How many UP option expiration dates are there?

UP has 3 listed expiration dates, from Nov 20, 2026 to Jan 21, 2028.

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.