null Option on Duolingo

DUOL Stock  USD 355.72  14.77  3.99%   
Duolingo's latest option contracts expiring on October 17th 2025 are carrying combined implied volatility of 0.61 with a put-to-call open interest ratio of 0.64 over 64 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on October 17th 2025. The total put volume is at 5.0, with calls trading at the volume of 39.0. This yields a 0.13 put-to-call volume ratio.

Open Interest Against October 17th 2025 Option Contracts

The chart above shows Duolingo's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Duolingo's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Duolingo's option, there is no secondary market available for investors to trade.

Duolingo Maximum Pain Price Across 2025-10-17 Option Contracts

Duolingo's max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Duolingo

Analyzing Duolingo's in-the-money options over time can help investors to take a profitable long position in Duolingo regardless of its overall volatility. This is especially true when Duolingo's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Duolingo's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Duolingo's stock while costing only a fraction of its price.

Duolingo In The Money Call Balance

When Duolingo's strike price is surpassing the current stock price, the option contract against Duolingo stock is said to be in the money. When it comes to buying Duolingo's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Duolingo are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Duolingo Current Options Market Mood

Duolingo's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Duolingo Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most Duolingo's options investors are not very successful. Duolingo's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Duolingo contract

Base on the Rule 16, the options market is currently suggesting that Duolingo will have an average daily up or down price movement of about 0.0381% per day over the life of the 2025-10-17 option contract. With Duolingo trading at USD 355.72, that is roughly USD 0.14. If you think that the market is fully incorporating Duolingo's daily price movement you should consider buying Duolingo options at the current volatility level of 0.61%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Duolingo options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Duolingo calls. Remember, the seller must deliver Duolingo stock to the call owner when a call is exercised.

Duolingo Option Chain

When Duolingo's strike price is surpassing the current stock price, the option contract against Duolingo stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Duolingo's option chain is a display of a range of information that helps investors for ways to trade options on Duolingo. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Duolingo. It also shows strike prices and maturity days for a Duolingo against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
DUOL251017C006000002600.00.65 - 4.92.31Out
Call
DUOL251017C005900000590.01.05 - 4.71.05Out
Call
DUOL251017C0058000010580.02.3 - 5.86.61Out
Call
DUOL251017C005700001570.02.8 - 6.28.2Out
Call
DUOL251017C0056000023560.03.5 - 6.76.0Out
Call
DUOL251017C005500000550.04.4 - 6.64.4Out
Call
DUOL251017C005400001540.05.6 - 7.34.65Out
Call
DUOL251017C0053000020530.06.3 - 8.911.95Out
Call
DUOL251017C005200000520.06.0 - 9.96.0Out
Call
DUOL251017C005100001510.07.6 - 10.98.0Out
Call
DUOL251017C005000002500.08.5 - 12.312.6Out
Call
DUOL251017C0049000029490.09.5 - 13.515.05Out
Call
DUOL251017C0048000016480.011.5 - 15.011.41Out
Call
DUOL251017C004700002470.013.0 - 16.812.9Out
Call
DUOL251017C004600001460.014.9 - 18.528.5Out
Call
DUOL251017C0045000027450.018.3 - 20.015.4Out
Call
DUOL251017C004400005440.020.2 - 22.317.48Out
Call
DUOL251017C0043000021430.023.1 - 25.123.0Out
Call
DUOL251017C004200008420.025.4 - 28.023.9Out
Call
DUOL251017C004100009410.029.0 - 31.628.95Out
Call
DUOL251017C0040000050400.032.6 - 35.333.05Out
Call
DUOL251017C0039000047390.036.0 - 39.037.12Out
Call
DUOL251017C0038000012380.039.9 - 43.437.47Out
Call
DUOL251017C0037000011370.044.8 - 48.343.7Out
Call
DUOL251017C003600007360.049.5 - 52.446.35In
Call
DUOL251017C003500003350.054.4 - 58.550.65In
Call
DUOL251017C003400001340.060.8 - 63.855.65In
Call
DUOL251017C003200001320.072.9 - 76.089.57In
Call
DUOL251017C003100003310.079.9 - 82.887.67In
Call
DUOL251017C003000001300.086.5 - 90.079.14In
Call
DUOL251017C002700001270.0109.5 - 113.5125.0In
Call
DUOL251017C002500002250.0126.4 - 130.4131.7In
 Put
DUOL251017P001950003195.00.0 - 2.91.63Out
 Put
DUOL251017P002000001200.00.0 - 3.11.05Out
 Put
DUOL251017P002400001240.01.55 - 5.83.95Out
 Put
DUOL251017P002500004250.02.65 - 7.05.6Out
 Put
DUOL251017P002600003260.04.0 - 7.66.2Out
 Put
DUOL251017P0027000010270.05.8 - 10.07.82Out
 Put
DUOL251017P0028000011280.08.2 - 11.211.05Out
 Put
DUOL251017P0029000023290.011.2 - 13.814.1Out
 Put
DUOL251017P0030000027300.013.9 - 16.115.1Out
 Put
DUOL251017P003100007310.016.6 - 19.117.2Out
 Put
DUOL251017P0032000014320.020.2 - 22.522.32Out
 Put
DUOL251017P0033000012330.023.7 - 26.024.7Out
 Put
DUOL251017P0034000011340.027.6 - 30.031.01Out
 Put
DUOL251017P0035000024350.031.9 - 34.534.9Out
 Put
DUOL251017P0036000013360.036.7 - 38.740.35Out
 Put
DUOL251017P003700009370.041.7 - 44.044.5Out
 Put
DUOL251017P003800008380.047.0 - 49.652.6In
 Put
DUOL251017P003900009390.052.8 - 55.260.1In
 Put
DUOL251017P0040000010400.058.5 - 61.666.6In
 Put
DUOL251017P004500001450.093.2 - 97.091.56In
 Put
DUOL251017P004600001460.0101.0 - 104.2109.0In
 Put
DUOL251017P005000001500.0134.6 - 138.5116.5In
 Put
DUOL251017P005100000510.0144.5 - 147.5144.5In
 Put
DUOL251017P005200000520.0153.4 - 156.3153.4In
 Put
DUOL251017P005300000530.0162.5 - 165.5162.5In
 Put
DUOL251017P005400001540.0171.7 - 174.7169.5In
 Put
DUOL251017P005500000550.0181.0 - 183.7181.0In
 Put
DUOL251017P005600000560.0190.5 - 193.2190.5In
 Put
DUOL251017P005700000570.0199.6 - 202.7199.6In
 Put
DUOL251017P005800000580.0209.6 - 212.4209.6In
 Put
DUOL251017P005900000590.0218.1 - 222.1218.1In
 Put
DUOL251017P006000000600.0227.7 - 231.9227.7In

Duolingo Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Duolingo Total Stockholder Equity

Total Stockholder Equity

434.59 Million

At this time, Duolingo's Total Stockholder Equity is quite stable compared to the past year.

Duolingo Corporate Management

Stephen ChenGeneral CounselProfile
Linda SimenskyHead ContentProfile
Sam DalsimerGlobal CommunicationsProfile
Molly LindsayChief OfficerProfile
Robert MeeseChief OfficerProfile
Kendra RossHead ImpactProfile
Cambria DunawayChief OfficerProfile
When determining whether Duolingo is a strong investment it is important to analyze Duolingo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Duolingo's future performance. For an informed investment choice regarding Duolingo Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duolingo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Duolingo Stock please use our How to buy in Duolingo Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Duolingo. If investors know Duolingo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Duolingo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.263
Earnings Share
2.04
Revenue Per Share
18.397
Quarterly Revenue Growth
0.377
Return On Assets
0.0359
The market value of Duolingo is measured differently than its book value, which is the value of Duolingo that is recorded on the company's balance sheet. Investors also form their own opinion of Duolingo's value that differs from its market value or its book value, called intrinsic value, which is Duolingo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Duolingo's market value can be influenced by many factors that don't directly affect Duolingo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Duolingo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Duolingo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duolingo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.