20,000 UNP Jan19 2018 130/150 calls went up on the ARCA marked spread.?

UNP

Shares of Union Pacific Corp (UNP) are up .73 to 108.15.? UNP is near the top of the 52 week range.

  • Paper traded 20,000 UNP Jan19 2018 130/150 calls for 1.93.?
  • ADV is 13225 per day.?
  • The OI is 35000+ on both strikes.

The volume went up on the ARCA marked spread.? This massive call SPREAD is a possible close of the 130/150 strikes.? There is 35k OI so if it is not it looks like a long term buy write or short call spread on the strikes.

  • 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.