Shares of Union Pacific Corp (UNP) are down .02 to 138.98 today.? UNP is trading close to 52-week highs.
Today 4,364 UNP Apr 135 puts traded mostly for 1.74.? ?Average volume is 5,288 contracts per day in the name.? Open interest is10,460 in the strike.
The trade this morning was on or near the offer and it looks like it could have been closing paper with UNP lower.? A large block of the puts traded several days ago at what looks like higher prices.? The net is around .20.
30-day implied volatility is 18%.?? 10-day implied volatility is 16%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Union Pacific Corporation (UNP) owns transportation companies