Upwork (UPWK) Options Chain
NASDAQ: UPWKTechnologyEDP ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $8.60
- Put/call ratio (OI)
- 0.38
- Put/call ratio (volume)
- 1.45
- Expected move
- ±$2.34
- Open interest (C / P)
- 373 / 141
UPWK options summary
The UPWK options chain for the November 20, 2026 expiration lists 4 call and 3 put contracts, with 40 days until expiration. Open interest stands at 373 calls and 141 puts, a put/call ratio of 0.38, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $7.50 strike is 82.2%, which implies the market expects a move of about ±$2.34 (27.2%) in Upwork stock by expiration.
The most open interest sits at the $10.00 call (340 contracts) and the $10.00 put (71 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
UPWK options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 5.00 | — | — | 0.05 | |||||
| 1.30 | 1.30 | 1.80 | 7.50 | 0.30 | 0.55 | 0.45 | |||||
| 0.45 | 0.40 | 0.50 | 10.00 | 1.55 | 1.95 | 1.73 | |||||
| 0.10 | 0.05 | 0.10 | 12.50 | — | — | — | |||||
| 0.05 | 0.00 | 0.30 | 15.00 | — | — | — | |||||
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 UPWK put/call ratio?
For the November 20, 2026 expiration, the UPWK put/call ratio based on open interest is 0.38 (141 puts vs 373 calls), and 1.45 based on today's volume. A ratio above 1 means more puts than calls.
What is UPWK's implied volatility?
At-the-money implied volatility for UPWK options expiring November 20, 2026 is about 82.2%, an annualized estimate of how much the market expects Upwork stock to move.
How many UPWK option expiration dates are there?
UPWK has 6 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.