Behind the Scenes of Lockheed Martin's Latest Options Trends

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 9 trades.

If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 33% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $51,782 and 7, calls, for a total amount of $1,577,940.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $445.0 to $530.0 for Lockheed Martin during the past quarter.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Lockheed Martin's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Lockheed Martin's significant trades, within a strike price range of $445.0 to $530.0, over the past month.

Lockheed Martin Option Activity Analysis: Last 30 Days

Significant Options Trades Detected:

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. Aeronautics is Lockheed's largest segment, 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

• Currently trading with a volume of 398,342, the LMT's price is up by 1.34%, now at $448.0.
• RSI readings suggest the stock is currently may be approaching overbought.
• Anticipated earnings release is in 27 days.

Professional Analyst Ratings for Lockheed Martin

Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $476.33.

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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. * Consistent in their evaluation, an analyst from Wells Fargo keeps a Equal-Weight rating on Lockheed Martin with a target price of $468. * Reflecting concerns, an analyst from B of A Securities lowers its rating to Neutral with a new price target of $485. * Consistent in their evaluation, an analyst from Wells Fargo keeps a Equal-Weight rating on Lockheed Martin with a target price of $476.

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.