9400 UNP Jan19 2018 130/150 calls went up on the ARCA marked spread
Shares of Union Pacific Corp (UNP) are up .57 to 108.41 today.? UNP is near the top of the 52 week range.
- Paper traded 9400 UNP Jan19 2018 130/150 calls for 2.22.?
- ADV is 13225 per day.?
- The OI is 50000+ on both strikes.
The volume went up on the ARCA marked spread.? This massive call SPREAD is most likely continuing open paper.? There was a possibility of this as closing from a Friday trade but today?s trade confirms opening buying on the call spread at just higher prices.? Friday?s trade was similar and could have been closing but the jump in OI means someone is getting longer the call spread.
- IV 30 is trading 19%.?
- HV10 is trading for 13%.?
- IV 30 is above the HV 10.
Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. Union Pacific Railroad Company links approximately 20 states in the western two-thirds of the country by rail, providing link in the supply chain.