thetaOwl

UPWK

Upwork Inc.Close $9.16EOD only
Max Pain
$10.00
Next expiry Jul 17, 2026
Expected Move
±$1.18
12.8% from close
Price Gap
+0.84
Distance to max pain
IV Rank
15
Low premium
P/C OI
0.95
Balanced positioning
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects UPWK options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jul 2, 2026 close
Max Pain — UPWK
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $10.00 (0.84 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$10.00
Nearest expiry
Expected Move
±$1.18
±12.8%
Days to Expiry
15
Calendar days
Total Call OI
6,808
Nearest expiry
Total Put OI
4,264
Nearest expiry
P/C OI Ratio
0.63
Put-heavy
Spot Price
$9.16
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$10.005/15/2026, 11:44:15 PM
2026-06-18$10.006/18/2026, 11:30:20 PM
2026-07-17NextUpdated$10.007/3/2026, 11:32:41 PM
2026-08-21$7.507/3/2026, 11:32:41 PM
2026-10-16$10.007/3/2026, 11:32:41 PM
2027-01-15$12.507/3/2026, 11:32:41 PM
Selected expiration: 2026-07-17 at max pain $10.00.
UPWK pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
2.5023542502354250
5012885001288500
7.546750240750287500
1013100065500196500
12.544175028250470000
1590300020500923500
17.51733000137501746750
20276550070002772500
22.539672502503967500
25523375005233750
30782625007826250
3511230250011230250
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures

Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.

How traders use it

It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.

What can break it

Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.

The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.