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UNION PACIFIC CORP (UNP) Earnings Date & Options Risk

When UNP reports next, and what it means for options pricing. ← Full UNP risk overview

22
Risk Score
2026-07-23
Next Earnings
76.5%
IV Rank
LOW
Risk Band
Railroads, Line-Haul Operating
Sector

How UNP earnings affect options

UNION PACIFIC CORP (UNP) reports earnings on 2026-07-23, which falls inside a typical options expiry window. Earnings are the single biggest scheduled catalyst for an overnight gap: implied volatility usually runs up into the report and collapses immediately after (the IV crush). Selling premium into the event captures that crush but exposes you to the gap; buying premium needs a move large enough to beat the elevated IV you paid.

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