2024-10-04 CALL at $450.0 Option on Lockheed Martin
LMT Stock | USD 582.36 4.96 0.86% |
2024-10-04 CALL at $450.0 is a CALL option contract on Lockheed Martin's common stock with a strick price of 450.0 expiring on 2024-10-04. The contract was not traded in recent days and, as of today, has 6 days remaining before the expiration. The option is currently trading at a bid price of $130.5, and an ask price of $135.4. The implied volatility as of the 28th of September is 96.97.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lockheed Martin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more information on how to buy Lockheed Stock please use our How to Invest in Lockheed Martin guide.
Lockheed |
Call options on Lockheed Martin give the investor right to buy Lockheed Stock at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Lockheed Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Lockheed Martin's price is above the strike price at expiry, the profit is the current Lockheed Martin's stock price, minus the strike price and the premium.
Rule 16 of 2024-10-04 Option Contract
The options market is anticipating that Lockheed Martin will have an average daily up or down price movement of about 6.06% per day over the life of the option. With Lockheed Martin trading at USD 582.36, that is roughly USD 35.29. If you think that the market is fully understating Lockheed Martin's daily price movement you should consider buying Lockheed Martin options at that current volatility level of 96.97%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Lockheed Martin
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Lockheed Martin positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Lockheed Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract Name | 2024-10-04 CALL at $450.0 |
Expires On | 2024-10-04 |
Days Before Expriration | 6 |
Last Traded On | 0000-00-00 00:00:00 |
Contract Period | WEEKLY |
Open Interest | 0 |
Current Trading Volume | 0.0 |
Strike Price | 450.0 |
Last Traded At | 0.0 |
Current Price Spread | 130.5 | 135.4 |
Rule 16 Daily Up or Down | USD35.29 |
Lockheed short CALL Option Greeks
Lockheed Martin's Option Greeks for the contract ending on 2024-10-04 at a strike price of 450.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Lockheed Martin's option greeks, its implied volatility helps estimate the risk of Lockheed Martin stock implied by the prices of the options on Lockheed Martin's stock.
Delta | 0.9835 | |
Gamma | 6.0E-4 | |
Theta | -0.2687 | |
Vega | 0.0302 | |
Rho | 0.0723 |
Lockheed long CALL Option Payoff at expiration
Buying Lockheed Martin's call option is the simplest of option trades. A call option on Lockheed Stock gives investors the right (but not the obligation) to purchase Lockheed Martin at the given strike price. Therefore Lockheed Martin's call intrinsic value or payoff at expiration depends on where the Lockheed Stock price is relative to the call option strike price. The strike price of 450.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Lockheed Martin's price. Finally, at the break-even point of 582.95, the line crosses zero, and trading Lockheed becomes profitable.
Profit |
Lockheed Martin Price At Expiration |
Lockheed short CALL Option Payoff at expiration
By selling Lockheed Martin's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Lockheed Martin will generally make money when the underlying price goes down. Therefore Lockheed Martin's call intrinsic value or payoff at expiration depends on where the Lockheed Stock price is relative to the call option strike price. The strike price of 450.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Lockheed Martin's price. Finally, at the break-even point of 582.95, the line crosses zero, and trading Lockheed becomes disadvantageous with no downside limits.
Profit |
Lockheed Martin Price At Expiration |
Lockheed Martin Available Call Options
Lockheed Martin's option chain is a display of a range of information that helps investors for ways to trade options on Lockheed. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Lockheed. It also shows strike prices and maturity days for a Lockheed Martin against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-10-04 CALL at $280.0 | 0.9842 | 2.0E-4 | 0 | 2024-10-04 | 300.4 - 307.1 | 0.0 | In |
Call | 2024-10-04 CALL at $290.0 | 0.984 | 2.0E-4 | 0 | 2024-10-04 | 290.3 - 297.1 | 0.0 | In |
Call | 2024-10-04 CALL at $300.0 | 0.9916 | 1.0E-4 | 0 | 2024-10-04 | 278.6 - 287.2 | 0.0 | In |
Call | 2024-10-04 CALL at $310.0 | 0.9913 | 1.0E-4 | 0 | 2024-10-04 | 268.6 - 277.2 | 0.0 | In |
Call | 2024-10-04 CALL at $320.0 | 0.991 | 2.0E-4 | 0 | 2024-10-04 | 258.8 - 267.0 | 0.0 | In |
Call | 2024-10-04 CALL at $330.0 | 0.9914 | 2.0E-4 | 0 | 2024-10-04 | 250.4 - 255.3 | 0.0 | In |
Call | 2024-10-04 CALL at $340.0 | 0.9787 | 3.0E-4 | 0 | 2024-10-04 | 240.5 - 247.2 | 0.0 | In |
Call | 2024-10-04 CALL at $350.0 | 0.9794 | 3.0E-4 | 0 | 2024-10-04 | 230.4 - 237.0 | 0.0 | In |
Call | 2024-10-04 CALL at $360.0 | 0.9836 | 3.0E-4 | 0 | 2024-10-04 | 219.4 - 227.2 | 0.0 | In |
Call | 2024-10-04 CALL at $370.0 | 0.986 | 3.0E-4 | 0 | 2024-10-04 | 209.0 - 217.2 | 0.0 | In |
Call | 2024-10-04 CALL at $380.0 | 0.9898 | 2.0E-4 | 0 | 2024-10-04 | 200.4 - 205.3 | 0.0 | In |
Call | 2024-10-04 CALL at $390.0 | 0.9894 | 3.0E-4 | 0 | 2024-10-04 | 190.4 - 195.3 | 0.0 | In |
Call | 2024-10-04 CALL at $395.0 | 0.9892 | 3.0E-4 | 0 | 2024-10-04 | 185.4 - 190.3 | 0.0 | In |
Call | 2024-10-04 CALL at $400.0 | 0.989 | 3.0E-4 | 0 | 2024-10-04 | 180.4 - 185.3 | 0.0 | In |
Call | 2024-10-04 CALL at $405.0 | 0.9706 | 6.0E-4 | 0 | 2024-10-04 | 175.5 - 182.3 | 0.0 | In |
Call | 2024-10-04 CALL at $410.0 | 0.9814 | 4.0E-4 | 0 | 2024-10-04 | 169.1 - 177.3 | 0.0 | In |
Call | 2024-10-04 CALL at $415.0 | 0.9809 | 5.0E-4 | 0 | 2024-10-04 | 164.2 - 172.2 | 0.0 | In |
Call | 2024-10-04 CALL at $420.0 | 0.9968 | 1.0E-4 | 0 | 2024-10-04 | 159.1 - 166.0 | 0.0 | In |
Call | 2024-10-04 CALL at $425.0 | 0.9821 | 5.0E-4 | 0 | 2024-10-04 | 154.0 - 162.2 | 0.0 | In |
Call | 2024-10-04 CALL at $430.0 | 0.9805 | 5.0E-4 | 0 | 2024-10-04 | 149.0 - 157.3 | 0.0 | In |
Call | 2024-10-04 CALL at $435.0 | 0.9823 | 5.0E-4 | 0 | 2024-10-04 | 144.0 - 152.1 | 0.0 | In |
Call | 2024-10-04 CALL at $440.0 | 0.9843 | 5.0E-4 | 0 | 2024-10-04 | 140.5 - 145.4 | 0.0 | In |
Call | 2024-10-04 CALL at $445.0 | 0.9839 | 5.0E-4 | 0 | 2024-10-04 | 135.5 - 140.4 | 0.0 | In |
Call | 2024-10-04 CALL at $450.0 | 0.9835 | 6.0E-4 | 0 | 2024-10-04 | 130.5 - 135.4 | 0.0 | In |
Call | 2024-10-04 CALL at $455.0 | 0.9575 | 0.001 | 0 | 2024-10-04 | 125.9 - 132.3 | 0.0 | In |
Call | 2024-10-04 CALL at $460.0 | 0.9561 | 0.0011 | 0 | 2024-10-04 | 120.9 - 127.3 | 0.0 | In |
Call | 2024-10-04 CALL at $465.0 | 0.933 | 0.0014 | 0 | 2024-10-04 | 114.1 - 120.4 | 0.0 | In |
Call | 2024-10-04 CALL at $470.0 | 0.9814 | 7.0E-4 | 0 | 2024-10-04 | 110.5 - 115.4 | 0.0 | In |
Call | 2024-10-04 CALL at $475.0 | 0.9284 | 0.0016 | 0 | 2024-10-04 | 104.1 - 110.4 | 0.0 | In |
Call | 2024-10-04 CALL at $480.0 | 0.9529 | 0.0014 | 0 | 2024-10-04 | 100.5 - 107.4 | 0.0 | In |
Call | 2024-10-04 CALL at $485.0 | 0.9583 | 0.0014 | 0 | 2024-10-04 | 94.9 - 102.4 | 0.0 | In |
Call | 2024-10-04 CALL at $490.0 | 0.9607 | 0.0014 | 0 | 2024-10-04 | 89.6 - 97.4 | 0.0 | In |
Call | 2024-10-04 CALL at $495.0 | 0.9482 | 0.0018 | 0 | 2024-10-04 | 85.4 - 92.4 | 0.0 | In |
Call | 2024-10-04 CALL at $500.0 | 0.9543 | 0.0018 | 0 | 2024-10-04 | 79.8 - 87.4 | 0.0 | In |
Call | 2024-10-04 CALL at $505.0 | 0.9076 | 0.0025 | 0 | 2024-10-04 | 74.6 - 80.5 | 0.0 | In |
Call | 2024-10-04 CALL at $510.0 | 0.9033 | 0.0028 | 0 | 2024-10-04 | 69.4 - 75.5 | 0.0 | In |
Call | 2024-10-04 CALL at $515.0 | 0.9542 | 0.0022 | 0 | 2024-10-04 | 66.3 - 70.5 | 0.0 | In |
Call | 2024-10-04 CALL at $520.0 | 0.9871 | 0.0011 | 0 | 2024-10-04 | 59.9 - 65.5 | 0.0 | In |
Call | 2024-10-04 CALL at $525.0 | 0.8854 | 0.0037 | 1 | 2024-10-04 | 54.1 - 60.6 | 40.66 | In |
Call | 2024-10-04 CALL at $530.0 | 0.9818 | 0.0017 | 0 | 2024-10-04 | 49.9 - 55.6 | 0.0 | In |
Call | 2024-10-04 CALL at $535.0 | 0.9961 | 6.0E-4 | 0 | 2024-10-04 | 44.6 - 50.6 | 0.0 | In |
Call | 2024-10-04 CALL at $540.0 | 0.9896 | 0.0014 | 0 | 2024-10-04 | 39.6 - 45.7 | 43.1 | In |
Call | 2024-10-04 CALL at $545.0 | 0.847 | 0.006 | 3 | 2024-10-04 | 34.1 - 40.8 | 35.94 | In |
Call | 2024-10-04 CALL at $547.5 | 0.931 | 0.0053 | 0 | 2024-10-04 | 32.2 - 38.4 | 35.85 | In |
Call | 2024-10-04 CALL at $550.0 | 0.9443 | 0.0053 | 7 | 2024-10-04 | 30.3 - 35.9 | 26.73 | In |
Call | 2024-10-04 CALL at $552.5 | 0.9631 | 0.0046 | 1 | 2024-10-04 | 27.2 - 33.5 | 28.9 | In |
Call | 2024-10-04 CALL at $555.0 | 0.8695 | 0.0083 | 3 | 2024-10-04 | 27.2 - 31.4 | 25.47 | In |
Call | 2024-10-04 CALL at $557.5 | 0.8644 | 0.0092 | 0 | 2024-10-04 | 24.7 - 28.8 | 0.0 | In |
Call | 2024-10-04 CALL at $560.0 | 0.8851 | 0.01 | 25 | 2024-10-04 | 20.9 - 26.5 | 21.85 | In |
Call | 2024-10-04 CALL at $562.5 | 0.8869 | 0.0112 | 3 | 2024-10-04 | 17.9 - 24.2 | 12.72 | In |
Call | 2024-10-04 CALL at $565.0 | 0.8777 | 0.013 | 19 | 2024-10-04 | 16.0 - 20.7 | 18.55 | In |
Call | 2024-10-04 CALL at $567.5 | 0.8553 | 0.0156 | 50 | 2024-10-04 | 13.5 - 18.9 | 9.6 | In |
Call | 2024-10-04 CALL at $570.0 | 0.7547 | 0.0166 | 17 | 2024-10-04 | 10.9 - 16.5 | 15.4 | In |
Call | 2024-10-04 CALL at $572.5 | 0.7191 | 0.0187 | 48 | 2024-10-04 | 8.7 - 13.3 | 13.3 | In |
Call | 2024-10-04 CALL at $575.0 | 0.6847 | 0.0217 | 55 | 2024-10-04 | 10.0 - 11.4 | 11.0 | In |
Call | 2024-10-04 CALL at $577.5 | 0.6243 | 0.0224 | 36 | 2024-10-04 | 7.0 - 9.6 | 9.6 | In |
Call | 2024-10-04 CALL at $580.0 | 0.569 | 0.024 | 408 | 2024-10-04 | 7.1 - 7.9 | 7.9 | In |
Call | 2024-10-04 CALL at $582.5 | 0.5082 | 0.0257 | 34 | 2024-10-04 | 5.9 - 6.6 | 6.9 | Out |
Call | 2024-10-04 CALL at $585.0 | 0.4433 | 0.0258 | 72 | 2024-10-04 | 4.8 - 5.3 | 5.0 | Out |
Call | 2024-10-04 CALL at $587.5 | 0.3679 | 0.0271 | 0 | 2024-10-04 | 2.65 - 4.3 | 4.8 | Out |
Call | 2024-10-04 CALL at $590.0 | 0.3265 | 0.0228 | 114 | 2024-10-04 | 3.0 - 3.5 | 3.34 | Out |
Call | 2024-10-04 CALL at $595.0 | 0.2228 | 0.0189 | 30 | 2024-10-04 | 1.65 - 2.15 | 2.0 | Out |
Call | 2024-10-04 CALL at $600.0 | 0.1518 | 0.0143 | 119 | 2024-10-04 | 1.1 - 1.55 | 1.28 | Out |
Call | 2024-10-04 CALL at $605.0 | 0.1116 | 0.0107 | 21 | 2024-10-04 | 0.3 - 1.05 | 0.95 | Out |
Call | 2024-10-04 CALL at $610.0 | 0.0701 | 0.0075 | 220 | 2024-10-04 | 0.5 - 0.65 | 0.55 | Out |
Call | 2024-10-04 CALL at $615.0 | 0.063 | 0.0061 | 1 | 2024-10-04 | 0.15 - 0.65 | 0.55 | Out |
Call | 2024-10-04 CALL at $620.0 | 0.0445 | 0.0045 | 16 | 2024-10-04 | 0.2 - 0.5 | 0.38 | Out |
Call | 2024-10-04 CALL at $625.0 | 0.0345 | 0.0034 | 0 | 2024-10-04 | 0.1 - 2.15 | 0.3 | Out |
Call | 2024-10-04 CALL at $630.0 | 0.0664 | 0.0043 | 0 | 2024-10-04 | 0.05 - 1.65 | 0.5 | Out |
Call | 2024-10-04 CALL at $635.0 | 0.117 | 0.0048 | 0 | 2024-10-04 | 0.05 - 4.5 | 0.0 | Out |
Call | 2024-10-04 CALL at $640.0 | 0.007 | 9.0E-4 | 0 | 2024-10-04 | 0.05 - 1.5 | 0.05 | Out |
Call | 2024-10-04 CALL at $645.0 | 0.0772 | 0.0036 | 0 | 2024-10-04 | 0.05 - 2.7 | 0.0 | Out |
Call | 2024-10-04 CALL at $650.0 | 0.0711 | 0.0032 | 2 | 2024-10-04 | 0.05 - 2.55 | 0.05 | Out |
Call | 2024-10-04 CALL at $655.0 | 0.0176 | 0.0014 | 8 | 2024-10-04 | 0.05 - 2.65 | 0.2 | Out |
Call | 2024-10-04 CALL at $665.0 | 0.0053 | 5.0E-4 | 0 | 2024-10-04 | 0.05 - 4.4 | 0.05 | Out |
Call | 2024-10-04 CALL at $670.0 | 0.0067 | 6.0E-4 | 10 | 2024-10-04 | 0.0 - 0.2 | 0.07 | Out |
Call | 2024-10-04 CALL at $680.0 | 0.0047 | 4.0E-4 | 0 | 2024-10-04 | 0.05 - 0.2 | 0.05 | Out |
Call | 2024-10-04 CALL at $690.0 | 0.0011 | 1.0E-4 | 40 | 2024-10-04 | 0.0 - 0.05 | 0.01 | Out |
Lockheed Martin Corporate Directors
James Ellis | Independent Director | Profile | |
David Burritt | Independent Director | Profile | |
Vicki Hollub | Independent Director | Profile | |
Patricia Yarrington | Independent Director | Profile |
Additional Tools for Lockheed Stock Analysis
When running Lockheed Martin's price analysis, check to measure Lockheed Martin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lockheed Martin is operating at the current time. Most of Lockheed Martin's value examination focuses on studying past and present price action to predict the probability of Lockheed Martin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lockheed Martin's price. Additionally, you may evaluate how the addition of Lockheed Martin to your portfolios can decrease your overall portfolio volatility.