16.61K calls and 3.92K puts traded on Nov 4, 2026, 20.54K contracts in total. Open interest was 305.66K contracts. Over the past 30 days, volume averaged 18.63K contracts per day. The UPST option volume chart shows volume by strike and expiration date.

Upstart IV rank is 16, so its 30-day implied volatility of 62.3% is near the bottom of its one-year range. Over the past year it ranged from 54.6% on Aug 17, 2026 to 102.9% on Nov 4, 2025. See the UPST implied volatility history for a longer view.

The Upstart put/call volume ratio was 0.24 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 0.56. The UPST open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Upstart options about one week from expiration was $23.79, 1.7% above the $23.39 close. The UPST max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 72.5%, options price a move of about ±$2.35 (±10.0%) over the next week, a range of roughly $21.04 to $25.74 from the Nov 4, 2026 close. The UPST expected move chart shows it for every expiration date.