Union Pacific's most recent trend suggests a bullish bias. One trading opportunity on Union Pacific is a Bull Put Spread using a strike $215.00 short put and a strike $210.00 long put offers a potential 24.69% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $215.00 by expiration. The full premium credit of $0.99 would be kept by the premium seller. The risk of $4.01 would be incurred if the stock dropped below the $210.00 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 33.06 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
Union Pacific says California fire forces closure of Keddie-Portola railway line
Tue, 27 Jul 2021 21:37:28 +0000
Top U.S. railroad operator Union Pacific Corp said on Tuesday that the Dixie fire in California had reached a main railway line in Plumas County, making it unsafe to run trains and forcing a temporary closure. In an update shared with customers and seen by Reuters, the company said it had not set a time for the reopening of the railway line which runs from Keddie to Portola, adding that its engineering team was assessing track damage caused by the fire. The Dixie fire has swarmed through California and joined with another one nearby on Saturday night, and firefighters have struggled to contain the blazes that have triggered evacuations in several communities.
Comparing Cargo Stocks, This Railroad Offers a Better Trip
Mon, 26 Jul 2021 16:03:00 +0000
One caller during Friday's Lightning Round segment of Mad Money asked host Jim Cramer about ZIM Integrated Shipping . “I think this stock is overdone. Why not buy Union Pacific instead?” was Cramer's response.
Rail Shares Seen on Track After Lagging Market in 2021 Rebound
Fri, 23 Jul 2021 14:19:58 +0000
(Bloomberg) — The railroads may no longer create America’s greatest fortunes, but the tracks still excite analysts after a slew of earnings releases underscored the challenges and potential for freight haulers as the U.S. economy revives.An index of the largest U.S. freight rail companies just posted its biggest three-day advance since March, outperforming the S&P 500 after Canadian National Railway Co., CSX Corp. and Union Pacific Corp. reported this week. The index is up 9% this year through
Company News for Jul 23, 2021
Fri, 23 Jul 2021 12:35:12 +0000
Companies in The News Are: T,UNP,CROX,LUV
Union Pacific Beats Q2 Earnings Expectations; Shares Rise
Fri, 23 Jul 2021 11:48:59 +0000
Shares of Union Pacific Corporation (UNP) rose 1.1% on Thursday after the freight-hauling railroad company posted better-than-expected second-quarter 2021 results. Revenues came in at $5.5 billion and exceeded consensus estimates of $5.28 billion, jumping 30% year-over-year. The increase in revenues was due to a surge in freight revenues which increased 29% to $5.13 billion. Earnings of $2.72 per share jumped 16.8% year-over-year and beat analysts’ expectations of $2.40 per share. The company re
Related Posts
Also on Market Tamer…
Follow Us on Facebook