Union Pacific (UNP) Offering Possible 58.23% Return Over the Next 10 Calendar Days

Union Pacific’s most recent trend suggests a bearish bias. One trading opportunity on Union Pacific is a Bear Call Spread using a strike $217.50 short call and a strike $222.50 long call offers a potential 58.23% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $217.50 by expiration. The full premium credit of $1.84 would be kept by the premium seller. The risk of $3.16 would be incurred if the stock rose above the $222.50 long call strike price.

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

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

The RSI indicator is below 20 which suggests that the stock is in oversold territory.

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

Union Pacific (UNP) Dips More Than Broader Markets: What You Should Know
Fri, 03 Sep 2021 21:50:09 +0000
In the latest trading session, Union Pacific (UNP) closed at $214.91, marking a -1.2% move from the previous day.

Chassis, Containers And Draymen All Stars Of The Intermodal Service Meltdown
Fri, 03 Sep 2021 15:11:23 +0000
It’s times like these that it’s more fun to write about transportation issues than to actually have to move freight (not that I’ve ever actually moved freight). On Wednesday, topics at the FreightWaves Intermodal Summit included port congestion, rail ramp congestion, the chassis shortage, the drayage capacity shortage, the international and domestic container shortage, and the persistent imbalances in freight flows. And the transportation industry has to clean up from Hurricane Ida on top of tha

4 Infrastructure Stocks to Add to Your Watchlist
Fri, 03 Sep 2021 13:47:00 +0000
Last month, the U.S. Senate approved a $1-trillion infrastructure bill that aims to rebuild roads and bridges in the United States, fund environment-friendly initiatives, and revamp utilities, including high-speed Internet and power infrastructure. Using the TipRanks stock Screener, let’s look at some infrastructure stocks across the above areas that could stand to benefit. I am neutral about all the stocks mentioned in this article. Deere & Company (DE) Deere is an agricultural, construction, a

Union Pacific Corporation CFO Jennifer Hamann to Address the Cowen 2021 Global Transportation & Sustainable Mobility Conference
Wed, 01 Sep 2021 12:00:00 +0000
Jennifer Hamann, executive vice president and chief financial officer, of Union Pacific Corporation (NYSE: UNP), will address the Cowen 2021 Global Transportation & Sustainable Mobility Conference on Wednesday, September 8, 2021, at 8:40 a.m. ET.

Grain Shippers Seek Fluid Network In And Out Of Pacific Northwest
Tue, 31 Aug 2021 18:11:04 +0000
As the U.S. harvest season kicks into high gear over the next month, grain shippers will be watching whether freight railroads’ train speeds will be able to keep up with a potentially sudden ramp-up in demand, according to shippers at the recent annual National Grain Car Council meeting hosted by the Surface Transportation Board. Low grain demand over the summer has masked velocity issues, grain shippers said. However, the rail network could potentially find itself stressed over the next 30 to 4

Be Sociable, Share!

Related Posts