A Closer Look at Lockheed Martin's Options Market Dynamics

Whales with a lot of money to spend have taken a noticeably bullish stance on Lockheed Martin.

Looking at options history for Lockheed Martin LMT we detected 14 trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $166,875 and 9, calls, for a total amount of $396,917.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $250.0 to $740.0 for Lockheed Martin over the last 3 months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Lockheed Martin options trades today is 197.36 with a total volume of 769.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Lockheed Martin's big money trades within a strike price range of $250.0 to $740.0 over the last 30 days.

Lockheed Martin Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

About Lockheed Martin

Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, which is mainly the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.

After a thorough review of the options trading surrounding Lockheed Martin, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Present Market Standing of Lockheed Martin

• With a trading volume of 775,717, the price of LMT is down by -0.14%, reaching $428.81.
• Current RSI values indicate that the stock is may be oversold.
• Next earnings report is scheduled for 75 days from now.

Professional Analyst Ratings for Lockheed Martin

5 market experts have recently issued ratings for this stock, with a consensus target price of $499.2.

• Maintaining their stance, an analyst from UBS continues to hold a Neutral rating for Lockheed Martin, targeting a price of $475.
• Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on Lockheed Martin with a target price of $508.
• An analyst from Susquehanna has decided to maintain their Positive rating on Lockheed Martin, which currently sits at a price target of $540.
• Maintaining their stance, an analyst from Morgan Stanley continues to hold a Equal-Weight rating for Lockheed Martin, targeting a price of $503.
• An analyst from RBC Capital persists with their Sector Perform rating on Lockheed Martin, maintaining a target price of $470.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Lockheed Martin with Benzinga Pro for real-time alerts.