Investors with a lot of money to spend have taken a bearish stance on Lockheed Martin LMT.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with LMT, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 11 uncommon options trades for Lockheed Martin.
This isn't normal.
The overall sentiment of these big-money traders is split between 27% bullish and 63%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $838,070, and 5 are calls, for a total amount of $185,795.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $370.0 to $550.0 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 157.9 with a total volume of 476.00.
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 $370.0 to $550.0 over the last 30 days.
Lockheed Martin Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LMT | PUT | SWEEP | BEARISH | 01/15/27 | $81.0 | $78.9 | $81.0 | $510.00 | $567.0K | 71 | 71 |
| LMT | PUT | SWEEP | BEARISH | 01/31/25 | $23.0 | $20.7 | $23.0 | $482.50 | $101.2K | 107 | 53 |
| LMT | CALL | SWEEP | BEARISH | 06/20/25 | $37.3 | $36.4 | $37.28 | $440.00 | $67.0K | 40 | 24 |
| LMT | PUT | TRADE | BEARISH | 03/21/25 | $50.0 | $47.8 | $50.0 | $510.00 | $55.0K | 730 | 11 |
| LMT | PUT | SWEEP | BEARISH | 02/21/25 | $5.4 | $5.2 | $5.4 | $445.00 | $43.2K | 215 | 215 |
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, mainly encompassing 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.
In light of the recent options history for Lockheed Martin, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Current Position of Lockheed Martin
- With a trading volume of 1,042,352, the price of LMT is down by -0.96%, reaching $453.08.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 83 days from now.
Expert Opinions on Lockheed Martin
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $541.2.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Citigroup has decided to maintain their Buy rating on Lockheed Martin, which currently sits at a price target of $600. * An analyst from Deutsche Bank has revised its rating downward to Hold, adjusting the price target to $523. * An analyst from RBC Capital has decided to maintain their Outperform rating on Lockheed Martin, which currently sits at a price target of $550. * Maintaining their stance, an analyst from UBS continues to hold a Neutral rating for Lockheed Martin, targeting a price of $508. * An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on Lockheed Martin, which currently sits at a price target of $525.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Lockheed Martin, Benzinga Pro gives you real-time options trades alerts.
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