2024-10-04 PUT at $635.0 Option on Lockheed Martin
LMT Stock | USD 582.36 4.96 0.86% |
2024-10-04 PUT at $635.0 is a PUT option contract on Lockheed Martin's common stock with a strick price of 635.0 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 $50.2, and an ask price of $56.8. The implied volatility as of the 28th of September is 45.17.
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Lockheed |
A put option written on Lockheed Martin becomes more valuable as the price of Lockheed Martin drops. Conversely, Lockheed Martin's put option loses its value as Lockheed Stock rises. When exercised, put options on Lockheed Martin produce a short position in Lockheed Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Lockheed Martin's downside price movement.
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 2.82% per day over the life of the option. With Lockheed Martin trading at USD 582.36, that is roughly USD 16.44. 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 45.17%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put 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.
Put Contract Name | 2024-10-04 PUT at $635.0 |
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 | 635.0 |
Last Traded At | 0.0 |
Current Price Spread | 50.2 | 56.8 |
Rule 16 Daily Up or Down | USD16.44 |
Lockheed short PUT Option Greeks
Lockheed Martin's Option Greeks for the contract ending on 2024-10-04 at a strike price of 635.0 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 | -0.93 | |
Gamma | 0.004 | |
Theta | -0.3472 | |
Vega | 0.0996 | |
Rho | -0.0584 |
Lockheed long PUT Option Payoff at expiration
Put options written on Lockheed Martin grant holders of the option the right to sell a specified amount of Lockheed Martin at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Lockheed Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Lockheed Martin is like buying insurance aginst Lockheed Martin's downside shift.
Profit |
Lockheed Martin Price At Expiration |
Lockheed short PUT Option Payoff at expiration
By selling Lockheed Martin's put option, the investors signal their bearish sentiment. A short position in a put option written on Lockheed Martin will generally make money when the underlying price is above the strike price. Therefore Lockheed Martin's put payoff at expiration depends on where the Lockheed Stock price is relative to the put option strike price. The breakeven price of 581.5 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Lockheed Martin's price. Finally, at the strike price of 635.0, the payoff chart is constant and positive.
Profit |
Lockheed Martin Price At Expiration |
Lockheed Martin Available Put 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 | |||
Put | 2024-10-04 PUT at $510.0 | -0.0051 | 5.0E-4 | 8 | 2024-10-04 | 0.0 - 2.55 | 0.05 | Out |
Put | 2024-10-04 PUT at $515.0 | -0.0054 | 5.0E-4 | 4 | 2024-10-04 | 0.0 - 4.4 | 0.05 | Out |
Put | 2024-10-04 PUT at $520.0 | -0.0138 | 0.0012 | 10 | 2024-10-04 | 0.0 - 0.25 | 0.15 | Out |
Put | 2024-10-04 PUT at $530.0 | -0.0198 | 0.0018 | 6 | 2024-10-04 | 0.05 - 0.25 | 0.2 | Out |
Put | 2024-10-04 PUT at $535.0 | -0.0561 | 0.0036 | 3 | 2024-10-04 | 0.05 - 1.5 | 0.88 | Out |
Put | 2024-10-04 PUT at $540.0 | -0.0334 | 0.003 | 124 | 2024-10-04 | 0.1 - 0.55 | 0.42 | Out |
Put | 2024-10-04 PUT at $545.0 | -0.0346 | 0.0035 | 20 | 2024-10-04 | 0.1 - 0.5 | 0.3 | Out |
Put | 2024-10-04 PUT at $547.5 | -0.0427 | 0.0043 | 33 | 2024-10-04 | 0.1 - 0.65 | 0.55 | Out |
Put | 2024-10-04 PUT at $550.0 | -0.0429 | 0.0046 | 104 | 2024-10-04 | 0.15 - 0.5 | 0.35 | Out |
Put | 2024-10-04 PUT at $552.5 | -0.0499 | 0.0054 | 12 | 2024-10-04 | 0.15 - 0.75 | 0.4 | Out |
Put | 2024-10-04 PUT at $555.0 | -0.0624 | 0.0066 | 14 | 2024-10-04 | 0.35 - 0.6 | 0.51 | Out |
Put | 2024-10-04 PUT at $557.5 | -0.072 | 0.0077 | 9 | 2024-10-04 | 0.45 - 0.7 | 0.9 | Out |
Put | 2024-10-04 PUT at $560.0 | -0.0706 | 0.0086 | 206 | 2024-10-04 | 0.5 - 4.9 | 0.5 | Out |
Put | 2024-10-04 PUT at $562.5 | -0.1102 | 0.0112 | 12 | 2024-10-04 | 0.65 - 1.0 | 0.91 | Out |
Put | 2024-10-04 PUT at $565.0 | -0.1329 | 0.0132 | 45 | 2024-10-04 | 0.9 - 1.3 | 0.85 | Out |
Put | 2024-10-04 PUT at $567.5 | -0.1629 | 0.0156 | 11 | 2024-10-04 | 1.1 - 1.65 | 1.0 | Out |
Put | 2024-10-04 PUT at $570.0 | -0.1953 | 0.0184 | 55 | 2024-10-04 | 1.3 - 2.15 | 1.65 | Out |
Put | 2024-10-04 PUT at $572.5 | -0.2428 | 0.0211 | 10 | 2024-10-04 | 1.55 - 5.9 | 2.16 | Out |
Put | 2024-10-04 PUT at $575.0 | -0.3016 | 0.0232 | 16 | 2024-10-04 | 2.65 - 3.2 | 2.15 | Out |
Put | 2024-10-04 PUT at $577.5 | -0.3586 | 0.0257 | 276 | 2024-10-04 | 3.3 - 4.1 | 3.6 | Out |
Put | 2024-10-04 PUT at $580.0 | -0.4238 | 0.0274 | 74 | 2024-10-04 | 4.4 - 4.9 | 4.5 | Out |
Put | 2024-10-04 PUT at $582.5 | -0.4932 | 0.0271 | 10 | 2024-10-04 | 5.6 - 6.1 | 5.08 | In |
Put | 2024-10-04 PUT at $585.0 | -0.5605 | 0.0277 | 2 | 2024-10-04 | 7.0 - 7.4 | 6.37 | In |
Put | 2024-10-04 PUT at $587.5 | -0.6153 | 0.0239 | 0 | 2024-10-04 | 6.5 - 11.9 | 0.0 | In |
Put | 2024-10-04 PUT at $590.0 | -0.7264 | 0.0276 | 30 | 2024-10-04 | 9.0 - 14.4 | 9.48 | In |
Put | 2024-10-04 PUT at $595.0 | -0.8145 | 0.0197 | 0 | 2024-10-04 | 12.0 - 15.7 | 0.0 | In |
Put | 2024-10-04 PUT at $600.0 | -0.8983 | 0.0133 | 0 | 2024-10-04 | 16.1 - 20.2 | 0.0 | In |
Put | 2024-10-04 PUT at $605.0 | -0.8624 | 0.0111 | 0 | 2024-10-04 | 20.7 - 27.0 | 0.0 | In |
Put | 2024-10-04 PUT at $610.0 | -0.9673 | 0.005 | 0 | 2024-10-04 | 25.3 - 30.2 | 0.0 | In |
Put | 2024-10-04 PUT at $615.0 | -0.9784 | 0.0033 | 0 | 2024-10-04 | 30.3 - 35.1 | 0.0 | In |
Put | 2024-10-04 PUT at $620.0 | -0.9141 | 0.0088 | 0 | 2024-10-04 | 35.1 - 41.9 | 0.0 | In |
Put | 2024-10-04 PUT at $625.0 | -0.8604 | 0.0061 | 0 | 2024-10-04 | 40.1 - 45.0 | 0.0 | In |
Put | 2024-10-04 PUT at $630.0 | -0.8682 | 0.0054 | 0 | 2024-10-04 | 45.2 - 50.0 | 0.0 | In |
Put | 2024-10-04 PUT at $635.0 | -0.93 | 0.004 | 0 | 2024-10-04 | 50.2 - 56.8 | 0.0 | In |
Put | 2024-10-04 PUT at $640.0 | -0.8808 | 0.0044 | 0 | 2024-10-04 | 55.1 - 60.0 | 0.0 | In |
Put | 2024-10-04 PUT at $645.0 | -0.9419 | 0.0031 | 0 | 2024-10-04 | 60.1 - 66.7 | 0.0 | In |
Put | 2024-10-04 PUT at $650.0 | -0.9445 | 0.0029 | 0 | 2024-10-04 | 65.1 - 71.7 | 0.0 | In |
Put | 2024-10-04 PUT at $655.0 | -0.9469 | 0.0026 | 0 | 2024-10-04 | 70.1 - 76.7 | 0.0 | In |
Put | 2024-10-04 PUT at $660.0 | -0.9838 | 0.0012 | 0 | 2024-10-04 | 75.1 - 80.4 | 0.0 | In |
Put | 2024-10-04 PUT at $665.0 | -0.9019 | 0.003 | 0 | 2024-10-04 | 80.1 - 85.0 | 0.0 | In |
Put | 2024-10-04 PUT at $670.0 | -0.9606 | 0.0019 | 0 | 2024-10-04 | 85.1 - 91.3 | 0.0 | In |
Put | 2024-10-04 PUT at $680.0 | -0.9556 | 0.0018 | 0 | 2024-10-04 | 95.1 - 101.7 | 0.0 | In |
Put | 2024-10-04 PUT at $690.0 | -0.9149 | 0.0023 | 0 | 2024-10-04 | 105.1 - 110.0 | 0.0 | In |
Put | 2024-10-04 PUT at $700.0 | -0.9603 | 0.0015 | 0 | 2024-10-04 | 115.1 - 121.7 | 0.0 | In |
Put | 2024-10-04 PUT at $710.0 | -0.9224 | 0.002 | 0 | 2024-10-04 | 125.2 - 130.0 | 0.0 | In |
Put | 2024-10-04 PUT at $720.0 | -0.9255 | 0.0017 | 0 | 2024-10-04 | 135.1 - 140.0 | 0.0 | In |
Put | 2024-10-04 PUT at $730.0 | -0.9667 | 0.0011 | 0 | 2024-10-04 | 145.1 - 151.6 | 0.0 | In |
Put | 2024-10-04 PUT at $740.0 | -0.9328 | 0.0015 | 0 | 2024-10-04 | 155.2 - 159.9 | 0.0 | In |
Put | 2024-10-04 PUT at $750.0 | -0.9974 | 1.0E-4 | 0 | 2024-10-04 | 165.3 - 170.0 | 0.0 | In |
Put | 2024-10-04 PUT at $760.0 | -0.9126 | 0.0015 | 0 | 2024-10-04 | 173.3 - 181.4 | 0.0 | In |
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.