UNION PACIFIC CORP (UNP) Most Active Options

The 25 most actively traded UNION PACIFIC CORP (UNP) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$309.73
52-week range
$214.38 – $309.73
ATM IV (30d)
21.6%
IV rank
4 / 100
Low
Expected move
±$11.61 (±3.7%)
Put/call OI
0.33
Call-heavy
Max pain
$275
↓ 11.2% below close
Next earnings
Oct 21, 2026

Most Active UNP Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
UNP $340 call Oct 16, 2026 53d $2.10 11 21 401 8.4× avg
UNP $310 call Aug 28, 2026 4d $3.20 23.7% 16 0.50 40 134 0.3× avg
UNP $310 call Nov 20, 2026 88d $15.40 24.7% 89 0.54 697 104 1.8× avg
UNP $312.5 call Sep 18, 2026 25d $5.72 21.9% 11 0.46 103 4.0× avg
UNP $270 put Nov 20, 2026 88d $3.00 27.6% 6 -0.13 189 91 11.9× avg
UNP $310 put Sep 18, 2026 25d $8.09 25.2% 5 -0.48 687 89 26.7× avg
UNP $205 put Aug 28, 2026 4d $0.23 230.6% 27 -0.03 0 82 17.9× avg
UNP $280 put Dec 18, 2026 116d $6.20 25.7% 5 -0.21 187 75 16.7× avg
UNP $285 put Sep 18, 2026 25d $1.32 26.5% 3 -0.10 384 72 12.1× avg
UNP $275 put Nov 20, 2026 88d $3.97 0.0% 0 1.00 266 72 9.4× avg
UNP $300 put Jan 15, 2027 144d $13.80 0.0% 0 1.00 86 72 18.1× avg
UNP $310 put Aug 28, 2026 4d $3.90 49 5 63 6.6× avg
UNP $330 call Jan 15, 2027 144d $11.81 24.4% 67 0.39 116 61 10.9× avg
UNP $325 call Aug 28, 2026 4d $0.20 38.5% 11 0.12 2 58 0.4× avg
UNP $280 put Sep 18, 2026 25d $0.75 6 340 55 4.3× avg
UNP $250 put Aug 28, 2026 4d $0.05 108.2% 42 -0.03 0 53 21.6× avg
UNP $295 call Oct 16, 2026 53d $19.00 22.4% 79 0.74 63 52 1.4× avg
UNP $350 call Nov 20, 2026 88d $3.40 26.2% 54 0.20 957 49 1.4× avg
UNP $275 put Sep 18, 2026 25d $0.50 4 282 47 3.7× avg
UNP $310 call Sep 18, 2026 25d $6.87 19.6% 2 0.52 3,625 46 1.8× avg
UNP $305 put Sep 18, 2026 25d $6.00 500.0% 100 0.00 71 37 3.0× avg
UNP $315 call Sep 18, 2026 25d $4.50 13 702 36 0.1× avg
UNP $300 call Nov 20, 2026 88d $21.15 26.5% 94 0.64 895 36 1.0× avg
UNP $320 call Dec 18, 2026 116d $13.20 23.8% 66 0.45 193 35 12.0× avg
UNP $330 call Aug 28, 2026 4d $0.25 36.3% 8 0.05 15 34 0.3× avg

Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.

The most active UNP contract today is the $340 call expiring in 53 days, with 401 contracts traded. Calls dominate the most-active list (13 of the top 25), showing where trading interest concentrates.

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UNP Options FAQ

Which UNP option contract is most active today?

The most traded UNP contract is the $340 call expiring Oct 16, 2026, with 401 contracts traded as of Aug 24, 2026.

How does OptiView rank the most active UNP options?

The table lists the 25 UNP contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.

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.