UNP Options
Union Pacific Corporation Options Chain, Implied Volatility & Greeks
Comprehensive options market data for Union Pacific Corporation (UNP). Explore implied volatility patterns, options chain liquidity, gamma exposure levels, and key market metrics.
UNP Options at a Glance
What's Covered in This Guide
1 About Union Pacific Corporation (UNP)
Union Pacific Corporation trades on NYSE. Options on UNP are actively traded by retail and institutional investors.
Company Profile
Key Dates
UNP is an actively traded options name in the Railroads space.
2 UNP Options Market Overview
UNP options offer good liquidity for traders seeking exposure to Railroads.
Liquidity Assessment: Good
UNP options provide good liquidity for most trading strategies.
3 UNP Volatility Profile
UNP implied volatility reflects market expectations for Union Pacific Corporation price movement.
Earnings Impact
IV typically increases before earnings and contracts afterward (IV crush).
Historical Volatility vs IV
Compare IV to historical volatility to assess option pricing relative to realized moves.
Term Structure
Term structure varies with market conditions and upcoming events.
UNP Gamma Exposure (GEX)
Gamma Exposure (GEX) analysis for UNP shows how dealer hedging may impact price behavior.
Typical GEX Profile: GEX profile varies based on market conditions and option positioning.
Key Levels: Major put and call walls at round number strikes may act as support/resistance.
Dealer Hedging: Dealer hedging activity can influence price behavior at key gamma levels.
4 Common UNP Options Strategies
These are strategies commonly used by traders on UNP options, based on typical market characteristics. This is not investment advice.
Used by UNP traders for income exposure. Good liquidity supports efficient execution.
Used by UNP traders for income exposure. Good liquidity supports efficient execution.
Used by UNP traders for directional exposure. Good liquidity supports efficient execution.
Used by UNP traders for neutral exposure. Good liquidity supports efficient execution.
Used by UNP traders for time-based exposure. Good liquidity supports efficient execution.
Key Considerations for UNP Options
- UNP options liquidity: Good - affects execution quality
- IV range: 18% - 45% - important for premium selling strategies
- Earnings events can significantly impact IV and option prices
- Consider position sizing based on underlying volatility
- Weekly options available for short-term strategies
- LEAPS available for longer-term positioning
Frequently Asked Questions: UNP Options
What are UNP options?
UNP options are derivative contracts that give you the right to buy (call) or sell (put) Union Pacific Corporation shares at a specific price before expiration.
How do I analyze UNP implied volatility?
UNP IV typically ranges from 18% - 25% during quiet periods to 35% - 45% around earnings and major events. Compare current IV to historical ranges to assess relative value.
What is the typical bid-ask spread for UNP options?
UNP options have good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.
When does UNP report earnings?
Union Pacific Corporation typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.
What strategies work best for UNP options?
Popular UNP strategies include covered calls, cash-secured puts, and vertical spreads. Strategy selection depends on market outlook and risk tolerance.
What is the best time to trade UNP options?
The most liquid trading hours for UNP options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.
How do I calculate UNP option Greeks?
Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for UNP options across all strikes and expirations.
What happens to UNP options at expiration?
In-the-money UNP options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.
On This Page
UNP Analytics
UNP Key Events
Related Tickers
Analyze UNP Options
Access real-time GEX levels, IV analytics, and options flow for UNP.
Create Free Account View PlansExplore UNP Options Data
Access institutional-grade analytics including gamma exposure, implied volatility, and real-time options flow.