Union Pacific (UNP) Offering Possible 32.63% Return Over the Next 20 Calendar Days

Union Pacific's most recent trend suggests a bullish bias. One trading opportunity on Union Pacific is a Bull Put Spread using a strike $190.00 short put and a strike $185.00 long put offers a potential 32.63% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $190.00 by expiration. The full premium credit of $1.23 would be kept by the premium seller. The risk of $3.77 would be incurred if the stock dropped below the $185.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Union Pacific is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Union Pacific is bullish.

The RSI indicator is at 72.76 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Union Pacific

Hurricane Laura Hammers Union Pacific Tracks Near Lake Charles
Thu, 27 Aug 2020 20:35:38 +0000
Hurricane Laura delivered "heavy damage" to the Union Pacific Corporation (NYSE: UNP) mainline and industrial tracks in the Lake Charles, Louisiana, area, resulting in both being taken out of service, the railroad said Thursday.The hurricane made landfall as a Category 4 storm, with winds of up to 150 mph, moving across Louisiana before weakening to a tropical storm. Laura's path suggested that Union Pacific (UP) and Berkshire Hathaway, Inc. (NYSE: BRK) BNSF likely bore the brunt of the storm among the railroads serving the region.As a result of the damage, UP issued an embargo covering 27 stations in the Lake Charles area. UP's Houston-area rail yards, however, were left undamaged and are expected to reopen Thursday. UP's Intermodal terminal in Avondale, Louisiana is slated to also reopen on Thursday along with the two intermodal terminals in Houston, the railway said.The impact on BNSF wasn't clear yet. The railway is inspecting tracks in the Houston, Galveston and Beaumont, Texas, areas, and is waiting to assess the damage in Louisiana. "Once conditions allow, [we] will assess our operations in Louisiana," a BNSF  spokesperson told FreightWaves in an email. "We will continue to reroute train traffic as needed to ensure the safety of our people and our customers' freight arrives securely at its final destination."Mike Baudendistel, a market expert at Freightwaves, said BNSF tracks likely suffered a similar fate as UP's."BNSF goes through Lake Charles as well so their track is probably just as damaged," Baudendistel said. Canadian National Railway Company (NYSE: CNI) could also see significant impacts from the hurricane because of its effects on the chemical plants it serves on the Gulf Coast, Baudendistel said.Click for more FreightWaves articles by Nate TabakFiles from TFI's Canpar leak after ransomware attackRansomware attack hits TFI's Canadian courier divisionsCyberattack impacting multiple EVRAZ plants in US, CanadaSee more from Benzinga * Class I Railroads Brace For Tropical Storms Marco And Laura * US Intermodal Traffic Higher For Second Consecutive Week * Union Pacific Says Its California Police Force Won't Check Immigration Status(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Union Pacific Names Clarissa Beyah Chief Communications Officer
Thu, 27 Aug 2020 16:00:00 +0000
Union Pacific today announced Clarissa Beyah as the company's chief communications officer. She is responsible for driving the railroad's corporate communications strategy, overseeing executive and employee communications, media relations, digital and social media, and serving as the communication's adviser to Union Pacific's chairman and senior leadership team.

Should I Buy Union Pacific Corporation (UNP)?
Thu, 27 Aug 2020 15:08:43 +0000
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

Here's What We Like About Union Pacific's (NYSE:UNP) Upcoming Dividend
Mon, 24 Aug 2020 10:31:28 +0000
Readers hoping to buy Union Pacific Corporation (NYSE:UNP) for its dividend will need to make their move shortly, as…

Union Pacific (UNP) Up 9.5% Since Last Earnings Report: Can It Continue?
Sat, 22 Aug 2020 15:30:03 +0000
Union Pacific (UNP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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