UNION PACIFIC CORP (UNP) Options Statistics & Positioning

UNION PACIFIC CORP (UNP) options trade at a 30-day at-the-money implied volatility of 22.2%, an IV rank of 13 out of 100 over the past year. The options market prices a ±$8.88 (±3.1%) move in UNP for the front expiration. Max pain sits at $265 and the put/call open interest ratio is 0.62. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$289.58

52-week range

$214.38 – $289.58

ATM IV (30d)

22.2%

IV rank

13 / 100

Low

Expected move

±$8.88 (±3.1%)

Put/call OI

0.62

Call-heavy

Max pain

$265

↓ 8.5% below close

Next earnings

Jul 22, 2026

Most Active UNP Contracts

Contract	Expiration	DTE	Last	IV	Volume
UNP $300 call	Aug 21, 2026	42d	$6.65	27.8%	1,529
UNP $290 call	Sep 18, 2026	70d	$12.89	26.3%	962
UNP $285 call	Jul 17, 2026	7d	$5.40	24.1%	307
UNP $285 put	Aug 21, 2026	42d	$9.00	27.3%	142
UNP $270 put	Aug 21, 2026	42d	$3.90	28.2%	108

See all active UNP contracts →

Explore UNP Options Statistics

UNP Implied Volatility

22.2% ATM IV (30d)

An IV rank of 13 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

UNP Open Interest

0.62 put/call OI ratio

59,738 calls and 37,192 puts outstanding across all expirations.

Full open interest analysis →

UNP Max Pain

$265 max pain

8.5% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

UNP Gamma Exposure

$3.63B net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

UNP Options Volume

5,336 contracts traded

Put/call volume ratio 0.33 — plus contracts running far above their usual volume.

Full volume & flow analysis →

UNP Most Active Options

$300 top volume strike

The 25 most actively traded UNP contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

UNP's next expected earnings date is Jul 22, 2026. Options currently price a ±$8.88 (±3.1%) move for the front expiration.

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UNP Options FAQ

When is UNP's next earnings date?

UNP's next expected earnings date is Jul 22, 2026. Options currently price a ±$8.88 (±3.1%) move for the front expiration.

How often is UNP options data on this page updated?

All UNP statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see UNP max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated UNP pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.