Bearish flow noted in Union Pacific with 1,622 puts trading, or 2.0x expected. Most active are 9/6 weekly 235 puts and Oct-24 270 calls, with total volume in those strikes near 700 contracts. The Put/Call Ratio is 1.85, while ATM IV is up over 1 point on the day. Earnings are expected on October 24th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UNP:
- North American rail traffic up 5.2% for the week ending August 31
- North American rail traffic up 1.3% for the week ending August 24
- North American rail traffic up 5.6% for the week ending August 17
- Labor issues at Canada’s railroads may disrupt supply supply chains, WSJ says
- North American rail traffic up 3.7% for the week ending August 10
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue