Union Pacific Stock Options Expiring on 24th of May
| UNP Stock | USD 244.97 0.93 0.38% |
Union Pacific's latest option contracts expiring on 2024-05-24 are carrying combined implied volatility of 19.74 with a put-to-call open interest ratio of 1.1 over 104 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on 2024-05-24. The current put volume is at 1112, with calls trading at the volume of 411. This yields a 2.71 put-to-call volume ratio. The Union Pacific option chain provides detailed quote and price information for the current Union Pacific option contracts. It shows all of Union Pacific's listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-05-24 Option Contracts
Union Pacific option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Union Pacific's lending market. For example, when Union Pacific's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Union Pacific, he or she must hedge the risk by shorting Union Pacific stock over its option's life.
2024-05-24
The chart above shows Union Pacific'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. Union Pacific's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Union Pacific's option, there is no secondary market available for investors to trade.
Union Pacific Maximum Pain Price across 2024-05-24 Option Contracts
Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Union Pacific close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, 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.
Union Pacific's stock options are financial instruments that give investors the right to buy or sell shares of Union Pacific common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Union stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Union Pacific's stock price goes up or down, the stock options follow.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Union Pacific. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Please note that buying 'in-the-money' options on Union Pacific lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Union Pacific's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Union Pacific contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Union Stock moves the wrong way.
At this time, Union Pacific's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 05/20/2024, Stock Based Compensation is likely to grow to about 112.3 M, while Total Stockholder Equity is likely to drop slightly above 13.3 B. Union Pacific In The Money Call Balance
When Union Pacific's strike price is surpassing the current stock price, the option contract against Union Pacific stock is said to be in the money. When it comes to buying Union Pacific'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 Union Pacific 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.
Union Current Options Market Mood
Union Pacific'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 Union 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
Most options investors, including buyers and sellers of Union Pacific's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Union Pacific'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. Using current Union Pacific's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.
Rule 16 of the current Union contract
Base on the Rule 16, the options market is currently suggesting that Union Pacific will have an average daily up or down price movement of about 1.23% per day over the life of the 2024-05-24 option contract. With Union Pacific trading at USD 244.97, that is roughly USD 3.02. If you think that the market is fully incorporating Union Pacific's daily price movement you should consider buying Union Pacific options at the current volatility level of 19.74%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Union |
Union Pacific Option Chain
When Union Pacific's strike price is surpassing the current stock price, the option contract against Union Pacific 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.
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Union Pacific's option chain is a display of a range of information that helps investors for ways to trade options on Union. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Union. It also shows strike prices and maturity days for a Union Pacific 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. | Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-05-24 CALL at $130.0 | 0.995 | 2.0E-4 | 0 | 2024-05-24 | 112.7 - 117.5 | 0.0 | In |
Call | 2024-05-24 CALL at $135.0 | 0.9949 | 2.0E-4 | 0 | 2024-05-24 | 107.7 - 112.5 | 0.0 | In |
Call | 2024-05-24 CALL at $140.0 | 0.9928 | 3.0E-4 | 0 | 2024-05-24 | 102.8 - 107.5 | 0.0 | In |
Call | 2024-05-24 CALL at $145.0 | 0.9947 | 3.0E-4 | 0 | 2024-05-24 | 97.7 - 102.5 | 0.0 | In |
Call | 2024-05-24 CALL at $150.0 | 0.9923 | 4.0E-4 | 0 | 2024-05-24 | 92.8 - 97.5 | 0.0 | In |
Call | 2024-05-24 CALL at $155.0 | 0.992 | 4.0E-4 | 0 | 2024-05-24 | 87.8 - 92.5 | 0.0 | In |
Call | 2024-05-24 CALL at $160.0 | 0.9944 | 4.0E-4 | 0 | 2024-05-24 | 82.7 - 87.5 | 0.0 | In |
Call | 2024-05-24 CALL at $165.0 | 0.9943 | 4.0E-4 | 0 | 2024-05-24 | 77.7 - 82.5 | 0.0 | In |
Call | 2024-05-24 CALL at $170.0 | 0.9942 | 4.0E-4 | 0 | 2024-05-24 | 72.7 - 77.5 | 0.0 | In |
Call | 2024-05-24 CALL at $175.0 | 0.9908 | 7.0E-4 | 0 | 2024-05-24 | 67.8 - 72.5 | 0.0 | In |
Call | 2024-05-24 CALL at $180.0 | 0.9844 | 0.0011 | 0 | 2024-05-24 | 63.0 - 67.5 | 0.0 | In |
Call | 2024-05-24 CALL at $185.0 | 0.9834 | 0.0012 | 0 | 2024-05-24 | 58.0 - 62.5 | 0.0 | In |
Call | 2024-05-24 CALL at $190.0 | 0.9763 | 0.0017 | 0 | 2024-05-24 | 53.0 - 57.7 | 0.0 | In |
Call | 2024-05-24 CALL at $195.0 | 0.9745 | 0.002 | 0 | 2024-05-24 | 48.0 - 52.7 | 0.0 | In |
Call | 2024-05-24 CALL at $200.0 | 0.9759 | 0.0022 | 0 | 2024-05-24 | 43.0 - 47.6 | 0.0 | In |
Call | 2024-05-24 CALL at $205.0 | 0.9662 | 0.003 | 0 | 2024-05-24 | 38.0 - 42.8 | 0.0 | In |
Call | 2024-05-24 CALL at $210.0 | 0.9711 | 0.0032 | 0 | 2024-05-24 | 33.0 - 37.6 | 0.0 | In |
Call | 2024-05-24 CALL at $215.0 | 0.9677 | 0.0041 | 0 | 2024-05-24 | 28.0 - 32.6 | 0.0 | In |
Call | 2024-05-24 CALL at $217.5 | 0.9605 | 0.005 | 0 | 2024-05-24 | 25.5 - 30.2 | 0.0 | In |
Call | 2024-05-24 CALL at $220.0 | 0.9478 | 0.0064 | 0 | 2024-05-24 | 23.1 - 27.8 | 0.0 | In |
Call | 2024-05-24 CALL at $222.5 | 0.939 | 0.0077 | 0 | 2024-05-24 | 20.6 - 25.4 | 0.0 | In |
Call | 2024-05-24 CALL at $225.0 | 0.9447 | 0.0083 | 0 | 2024-05-24 | 18.0 - 22.8 | 0.0 | In |
Call | 2024-05-24 CALL at $227.5 | 0.9395 | 0.01 | 0 | 2024-05-24 | 15.5 - 20.3 | 0.0 | In |
Call | 2024-05-24 CALL at $230.0 | 0.9263 | 0.0128 | 17 | 2024-05-24 | 13.1 - 17.8 | 14.7 | In |
Call | 2024-05-24 CALL at $232.5 | 0.8864 | 0.0176 | 0 | 2024-05-24 | 11.0 - 15.4 | 0.0 | In |
Call | 2024-05-24 CALL at $235.0 | 0.8157 | 0.0226 | 6 | 2024-05-24 | 9.8 - 12.8 | 8.45 | In |
Call | 2024-05-24 CALL at $237.5 | 0.8246 | 0.0306 | 2 | 2024-05-24 | 6.4 - 10.4 | 5.5 | In |
Call | 2024-05-24 CALL at $240.0 | 0.7956 | 0.0448 | 57 | 2024-05-24 | 3.9 - 8.1 | 5.83 | In |
Call | 2024-05-24 CALL at $242.5 | 0.6692 | 0.0591 | 31 | 2024-05-24 | 3.7 - 4.2 | 3.6 | In |
Call | 2024-05-24 CALL at $245.0 | 0.5116 | 0.0723 | 265 | 2024-05-24 | 2.25 - 2.55 | 2.25 | Out |
Call | 2024-05-24 CALL at $247.5 | 0.3393 | 0.0652 | 331 | 2024-05-24 | 1.15 - 1.35 | 1.25 | Out |
Call | 2024-05-24 CALL at $250.0 | 0.2033 | 0.049 | 447 | 2024-05-24 | 0.5 - 0.7 | 0.65 | Out |
Call | 2024-05-24 CALL at $252.5 | 0.1163 | 0.0324 | 87 | 2024-05-24 | 0.25 - 0.45 | 0.34 | Out |
Call | 2024-05-24 CALL at $255.0 | 0.0604 | 0.0193 | 3181 | 2024-05-24 | 0.1 - 0.2 | 0.16 | Out |
Call | 2024-05-24 CALL at $257.5 | 0.0499 | 0.0141 | 49 | 2024-05-24 | 0.05 - 0.25 | 0.15 | Out |
Call | 2024-05-24 CALL at $265.0 | 0.0978 | 0.0119 | 0 | 2024-05-24 | 0.05 - 1.25 | 0.0 | Out |
Call | 2024-05-24 CALL at $275.0 | 0.081 | 0.0077 | 2 | 2024-05-24 | 0.05 - 1.35 | 0.05 | Out |
Call | 2024-05-24 CALL at $280.0 | 0.0741 | 0.0064 | 4 | 2024-05-24 | 0.05 - 1.35 | 0.05 | Out |
Call | 2024-05-24 CALL at $285.0 | 0.0097 | 0.0017 | 0 | 2024-05-24 | 0.0 - 0.05 | 0.05 | Out |
Put | 2024-05-24 PUT at $200.0 | -0.0072 | 0.001 | 25 | 2024-05-24 | 0.0 - 1.5 | 0.05 | Out |
Put | 2024-05-24 PUT at $205.0 | -0.0126 | 0.0016 | 2 | 2024-05-24 | 0.0 - 1.5 | 0.09 | Out |
Put | 2024-05-24 PUT at $210.0 | -0.0154 | 0.0022 | 0 | 2024-05-24 | 0.0 - 1.55 | 0.1 | Out |
Put | 2024-05-24 PUT at $215.0 | -0.0933 | 0.0066 | 71 | 2024-05-24 | 0.05 - 2.25 | 0.13 | Out |
Put | 2024-05-24 PUT at $230.0 | -0.0575 | 0.0115 | 51 | 2024-05-24 | 0.1 - 0.55 | 0.25 | Out |
Put | 2024-05-24 PUT at $232.5 | -0.0694 | 0.0151 | 6 | 2024-05-24 | 0.15 - 0.4 | 0.34 | Out |
Put | 2024-05-24 PUT at $235.0 | -0.0894 | 0.0209 | 2021 | 2024-05-24 | 0.2 - 0.45 | 0.24 | Out |
Put | 2024-05-24 PUT at $237.5 | -0.1396 | 0.0308 | 15 | 2024-05-24 | 0.35 - 0.55 | 0.52 | Out |
Put | 2024-05-24 PUT at $240.0 | -0.1967 | 0.0454 | 37 | 2024-05-24 | 0.55 - 0.8 | 1.0 | Out |
Put | 2024-05-24 PUT at $242.5 | -0.3241 | 0.0617 | 98 | 2024-05-24 | 1.0 - 1.3 | 1.25 | Out |
Put | 2024-05-24 PUT at $245.0 | -0.4904 | 0.0766 | 423 | 2024-05-24 | 2.0 - 2.2 | 2.35 | In |
Put | 2024-05-24 PUT at $247.5 | -0.6786 | 0.0701 | 168 | 2024-05-24 | 3.2 - 3.8 | 3.83 | In |
Put | 2024-05-24 PUT at $250.0 | -0.7645 | 0.0463 | 3 | 2024-05-24 | 4.1 - 7.6 | 4.5 | In |
Put | 2024-05-24 PUT at $252.5 | -0.7353 | 0.0292 | 21 | 2024-05-24 | 5.6 - 9.2 | 6.62 | In |
Put | 2024-05-24 PUT at $255.0 | -0.776 | 0.0241 | 0 | 2024-05-24 | 8.4 - 11.5 | 0.0 | In |
Put | 2024-05-24 PUT at $257.5 | -0.9452 | 0.036 | 0 | 2024-05-24 | 10.3 - 15.0 | 0.0 | In |
Put | 2024-05-24 PUT at $260.0 | -0.9518 | 0.0116 | 0 | 2024-05-24 | 12.8 - 17.5 | 0.0 | In |
Put | 2024-05-24 PUT at $262.5 | -0.9674 | 0.008 | 0 | 2024-05-24 | 15.2 - 20.0 | 0.0 | In |
Put | 2024-05-24 PUT at $265.0 | -0.9601 | 0.0079 | 0 | 2024-05-24 | 17.8 - 22.5 | 0.0 | In |
Put | 2024-05-24 PUT at $267.5 | -0.9631 | 0.0068 | 0 | 2024-05-24 | 20.3 - 25.0 | 0.0 | In |
Put | 2024-05-24 PUT at $270.0 | -0.9656 | 0.0059 | 0 | 2024-05-24 | 22.8 - 27.5 | 0.0 | In |
Put | 2024-05-24 PUT at $272.5 | -0.9676 | 0.0052 | 0 | 2024-05-24 | 25.3 - 30.0 | 0.0 | In |
Put | 2024-05-24 PUT at $275.0 | -0.9694 | 0.0047 | 0 | 2024-05-24 | 27.8 - 32.5 | 0.0 | In |
Put | 2024-05-24 PUT at $280.0 | -0.9795 | 0.0046 | 0 | 2024-05-24 | 32.7 - 37.5 | 0.0 | In |
Put | 2024-05-24 PUT at $285.0 | -0.9908 | 0.0049 | 0 | 2024-05-24 | 37.7 - 42.4 | 0.0 | In |
Put | 2024-05-24 PUT at $290.0 | -0.9832 | 0.0022 | 0 | 2024-05-24 | 42.7 - 47.5 | 0.0 | In |
Put | 2024-05-24 PUT at $295.0 | -0.9843 | 0.0019 | 0 | 2024-05-24 | 47.8 - 52.4 | 0.0 | In |
Put | 2024-05-24 PUT at $300.0 | -0.9852 | 0.0017 | 0 | 2024-05-24 | 52.7 - 57.5 | 0.0 | In |
Put | 2024-05-24 PUT at $305.0 | -0.9859 | 0.0015 | 0 | 2024-05-24 | 57.7 - 62.5 | 0.0 | In |
Put | 2024-05-24 PUT at $310.0 | -0.9931 | 8.0E-4 | 0 | 2024-05-24 | 62.7 - 67.4 | 0.0 | In |
Put | 2024-05-24 PUT at $315.0 | -0.9934 | 7.0E-4 | 0 | 2024-05-24 | 67.7 - 72.4 | 0.0 | In |
Put | 2024-05-24 PUT at $320.0 | -0.9876 | 0.0011 | 0 | 2024-05-24 | 72.7 - 77.5 | 0.0 | In |
Put | 2024-05-24 PUT at $325.0 | -0.9881 | 0.001 | 0 | 2024-05-24 | 77.7 - 82.5 | 0.0 | In |
Union Pacific Total Stockholder Equity Over Time
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders. Total Stockholder Equity |
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Union Pacific Common Stock Shares Outstanding Over Time
The total number of shares of a company's common stock that are currently owned by all its shareholders. Common Stock Shares Outstanding |
| Timeline |
Union Total Stockholder Equity
Total Stockholder Equity |
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Union Pacific Corporate Directors
Union Pacific corporate directors refer to members of an Union Pacific board of directors. The board of directors generally takes responsibility for the Union Pacific's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Union Pacific's board members must vote for the resolution. The Union Pacific board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Andrew Card | Independent Director | Profile | |
| Deborah Hopkins | Independent Director | Profile | |
| Erroll Davis | Independent Director | Profile | |
| David Dillon | Independent Director | Profile |
Already Invested in Union Pacific?
The danger of trading Union Pacific is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Union Pacific is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Union Pacific. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Union Pacific is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Union Pacific is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Union Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Union Pacific Stock. Highlighted below are key reports to facilitate an investment decision about Union Pacific Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Union Pacific. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Union Stock, please use our How to Invest in Union Pacific guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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When running Union Pacific's price analysis, check to measure Union Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Union Pacific is operating at the current time. Most of Union Pacific's value examination focuses on studying past and present price action to predict the probability of Union Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Union Pacific's price. Additionally, you may evaluate how the addition of Union Pacific to your portfolios can decrease your overall portfolio volatility.
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Is Union Pacific's industry 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 Union Pacific. If investors know Union 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 Union Pacific 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 0.008 | Dividend Share 5.2 | Earnings Share 10.46 | Revenue Per Share 39.573 | Quarterly Revenue Growth (0) |
The market value of Union Pacific is measured differently than its book value, which is the value of Union that is recorded on the company's balance sheet. Investors also form their own opinion of Union Pacific's value that differs from its market value or its book value, called intrinsic value, which is Union Pacific'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 Union Pacific's market value can be influenced by many factors that don't directly affect Union Pacific'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 Union Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Union Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Union Pacific'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.