United Parcel Service (UPS) Options Chain

NYSE: UPSIndustrialsTrucking Freight/Courier ServicesUSD

94.57+0.44 (+0.47%)

At close: Oct 9, 4:03 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $94.57
Put/call ratio (OI): 1.10
Put/call ratio (volume): 3.31
ATM implied volatility: 31.4%
Expected move: ±$33.59
Open interest (C / P): 19.04K / 20.90K

UPS options summary

The UPS options chain for the January 21, 2028 expiration lists 28 call and 26 put contracts, with 468 days until expiration. Open interest stands at 19,043 calls and 20,903 puts, a put/call ratio of 1.10, which is fairly balanced between calls and puts. At-the-money implied volatility near the $95.00 strike is 31.4%, which implies the market expects a move of about ±$33.59 (35.5%) in United Parcel Service stock by expiration.

The most open interest sits at the $110.00 call (2.13K contracts) and the $90.00 put (4.13K contracts).

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

UPS options chain · January 21, 2028

UPS 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
19	1	59.7%	48.64	47.50	52.50	45.00	0.50	0.70	0.54	41.1%	2	570
9	1	52.7%	42.00	42.50	47.50	50.00	0.55	1.05	0.96	39.5%	6	457
9	6	46.5%	39.05	37.50	42.50	55.00	0.99	1.59	1.41	38.5%	10	124
27	1	32.5%	33.30	33.30	36.00	60.00	1.36	2.23	1.97	37.2%	1	678
59	9	37.5%	29.20	28.40	33.00	65.00	1.60	2.97	2.82	35.6%	1	600
267	1	32.7%	25.10	26.10	28.10	70.00	2.00	3.85	3.95	34.0%	10	636
306	1	32.1%	23.00	22.45	24.40	75.00	4.20	5.55	4.85	34.5%	6	2,885
453	2	29.5%	18.82	19.10	20.30	80.00	6.25	6.60	6.83	32.1%	3	1,798
882	4	29.4%	16.75	16.40	17.25	85.00	7.05	9.00	8.40	32.8%	600	1,298
410	11	29.1%	14.15	13.85	14.50	90.00	9.15	11.65	10.47	33.3%	4	4,130
UPS $94.57
532	8	31.4%	12.10	10.60	13.20	95.00	12.70	13.55	13.77	31.3%	5	2,408
1,645	15	30.2%	10.03	9.20	10.70	100.00	13.55	16.20	16.00	30.4%	1	1,313
1,183	2	29.4%	7.62	7.70	8.65	105.00	18.45	19.40	19.35	30.2%	6	1,421
2,135	3	29.0%	6.78	6.50	7.00	110.00	20.00	22.70	22.83	29.7%	1	440
2,000	1	29.5%	5.55	5.25	6.00	115.00	23.50	26.30	27.08	29.2%	20	396
1,719	1	28.8%	4.80	4.15	4.70	120.00	29.25	31.15	30.30	31.6%	10	726
1,160	27	29.7%	3.30	3.55	4.15	125.00	31.60	35.10	35.25	31.2%	10	630
669	2	29.2%	3.02	2.84	3.25	130.00	37.35	38.60	34.15	28.9%	2	197
760	2	29.3%	2.29	2.11	2.70	135.00	40.30	43.85	40.85	31.8%	1	35
802	52	32.2%	2.07	1.50	3.00	140.00	44.50	48.45	48.40	32.3%	23	76
438	3	29.5%	1.65	1.46	1.86	145.00	49.50	53.15	53.50	33.0%	31	44
385	3	29.7%	1.39	1.23	1.56	150.00	56.10	58.50	47.37	36.0%	1	24
110	62	29.9%	1.05	0.95	1.31	155.00	0.00	0.00	47.50	—	5	0
720	7	30.2%	0.97	0.73	1.12	160.00	64.00	68.80	64.79	40.2%	8	7
473	4	38.8%	0.75	0.45	2.65	165.00	—	—	—	—	—	—
742	1	31.9%	0.55	0.00	1.00	170.00	74.00	78.50	71.05	41.9%	2	7
246	1	32.5%	0.64	0.48	0.92	175.00	—	—	—	—	—	—
883	2	32.7%	0.47	0.23	0.80	180.00	83.50	88.50	87.78	44.5%	3	3

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 UPS put/call ratio?

For the January 21, 2028 expiration, the UPS put/call ratio based on open interest is 1.10 (20,903 puts vs 19,043 calls), and 3.31 based on today's volume. A ratio above 1 means more puts than calls.

What is UPS's implied volatility?

At-the-money implied volatility for UPS options expiring January 21, 2028 is about 31.4%, an annualized estimate of how much the market expects United Parcel Service stock to move.

How many UPS option expiration dates are there?

UPS has 14 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.