Trader bets Union Pacific will keep rolling

Friday, February 23, 2018 1:20 PM | Bobby Raines

Unusual Options Activity

Option traders are betting Friday that Union Pacific (UNP) will keep keep moving higher. So far, 2,044 contracts of the March 138 call have changed hands, against open interest of 192 contracts. Today's prices have all be priced very high, outside of the current bid-ask spread even though the stock hasn't moved much today, pointing to these trades being initiated from the buy side.

Share this article:

Related Companies

Trade Options Like a Pro with Elite Options

40% Off All Subscriptions
InvestorsObserver Premium
InvestorsObserver Premium
InvestorsObserver Premium
Save up to 67% with annual

InvestorsObserver Elite Options

$ 37.42 $ 22.45 /month
$449 $269.40 billed annually

You May Also Like

Related Companies