Union Pacific Corporation (UNP)
NYSE: UNP
· Real-Time Price · USD
215.19
-0.86 (-0.40%)
At close: Sep 10, 2025, 3:59 PM
UNP Delta Exposure By Expiry
The total Delta Exposure (DEX) for UNP across all expirations shows -1,923,803.7 net shares that market makers must hedge, with 2,851,461.11 from calls and 4,775,264.81 from puts. The put-call delta ratio of 1.67 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
UNP DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 12, 25 | 16,388.01 | -120,667.75 | -104,279.74 | 7.36 |
| Sep 19, 25 | 413,607.43 | -1,266,977.25 | -853,369.82 | 3.06 |
| Sep 26, 25 | 30,895.56 | -17,385.06 | 13,510.5 | 0.56 |
| Oct 3, 25 | 8,704.11 | -7,121.07 | 1,583.04 | 0.82 |
| Oct 10, 25 | 3,865.25 | -2,910.87 | 954.38 | 0.75 |
| Oct 17, 25 | 160,201.59 | -189,793.32 | -29,591.73 | 1.18 |
| Oct 24, 25 | 298.45 | -999.73 | -701.28 | 3.35 |
| Nov 21, 25 | 492,493.25 | -1,097,596.78 | -605,103.53 | 2.23 |
| Dec 19, 25 | 495,441.73 | -514,954.9 | -19,513.17 | 1.04 |
| Jan 16, 26 | 450,314.24 | -802,183.53 | -351,869.29 | 1.78 |
| Feb 20, 26 | 62,508.78 | -88,226.15 | -25,717.37 | 1.41 |
| Mar 20, 26 | 271,651.12 | -161,204.5 | 110,446.62 | 0.59 |
| Jun 18, 26 | 130,565.76 | -251,646 | -121,080.24 | 1.93 |
| Sep 18, 26 | 13,674.44 | -22,341.45 | -8,667.01 | 1.63 |
| Dec 18, 26 | 26,104.2 | -38,051.86 | -11,947.66 | 1.46 |
| Jan 15, 27 | 216,031.27 | -188,651.56 | 27,379.71 | 0.87 |
| Jun 17, 27 | 14,214.63 | -2,920.07 | 11,294.56 | 0.21 |
| Dec 17, 27 | 44,501.29 | -1,632.96 | 42,868.33 | 0.04 |