Put Options on UNP on 1/25/2016

Union Pacific Corporation (UNP) operates railroads in the United States.

The company offers freight transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive products, such as finished vehicles and automotive parts; and chemicals consisting of industrial chemicals, plastics, crude oil, liquid petroleum gases, fertilizers, soda ash, sodium products, and phosphorus rock and sulfur products. It also provides transportation services for coal and petroleum coke; industrial products comprising construction products, minerals, consumer goods, metals, lumber, paper, and other miscellaneous products; and intermodal import and export containers and trailers.

Its rail network includes 31,974 route miles linking the Pacific Coast and Gulf Coast ports with the Midwest and eastern United States gateways. 

Shares have broken below everal key supports and are now trading at a new 52-weeks low. We expect the decline in shares to continue.

52-Weeks Trading Range: $67.06 - $124.52

Last Trade: $70.00

Trade Buy 1 February $70.00 Put at $2.25 For a net debit of $2.25 Profit/Loss Analysis Breakeven at $67.75 Maximum profit is unbounded Maximum loss is ($225.00) at strike of $70.00 Closing Summary Sold 1 February $70.00 Put at $0.00

Position closed on 2/19/2016 at price of $0.00 with a -100.00% loss in 25 days.

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