2024-10-04 PUT at $710.0 Option on Lockheed Martin

LMT Stock  USD 582.36  4.96  0.86%   
2024-10-04 PUT at $710.0 is a PUT option contract on Lockheed Martin's common stock with a strick price of 710.0 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 $125.2, and an ask price of $130.0. The implied volatility as of the 28th of September is 104.06.
  
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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 6.5% per day over the life of the option. With Lockheed Martin trading at USD 582.36, that is roughly USD 37.88. 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 104.06%. 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 Name2024-10-04 PUT at $710.0
Expires On2024-10-04
Days Before Expriration6
Last Traded On0000-00-00 00:00:00
Contract PeriodWEEKLY
Open Interest0
Current Trading Volume0.0
Strike Price710.0
Last Traded At0.0
Current Price Spread125.2 | 130.0
Rule 16 Daily Up or DownUSD37.88

Lockheed short PUT Option Greeks

Lockheed Martin's Option Greeks for the contract ending on 2024-10-04 at a strike price of 710.0 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-0.9224
Gamma0.002
Theta-0.9006
Vega0.1081
Rho-0.0721

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 580.0 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 710.0, the payoff chart is constant and positive.
   Profit   
       Lockheed Martin Price At Expiration  
View All Lockheed Martin Options

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.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
 Put
2024-10-04 PUT at $510.0-0.00515.0E-482024-10-040.0 - 2.550.05Out
 Put
2024-10-04 PUT at $515.0-0.00545.0E-442024-10-040.0 - 4.40.05Out
 Put
2024-10-04 PUT at $520.0-0.01380.0012102024-10-040.0 - 0.250.15Out
 Put
2024-10-04 PUT at $530.0-0.01980.001862024-10-040.05 - 0.250.2Out
 Put
2024-10-04 PUT at $535.0-0.05610.003632024-10-040.05 - 1.50.88Out
 Put
2024-10-04 PUT at $540.0-0.03340.0031242024-10-040.1 - 0.550.42Out
 Put
2024-10-04 PUT at $545.0-0.03460.0035202024-10-040.1 - 0.50.3Out
 Put
2024-10-04 PUT at $547.5-0.04270.0043332024-10-040.1 - 0.650.55Out
 Put
2024-10-04 PUT at $550.0-0.04290.00461042024-10-040.15 - 0.50.35Out
 Put
2024-10-04 PUT at $552.5-0.04990.0054122024-10-040.15 - 0.750.4Out
 Put
2024-10-04 PUT at $555.0-0.06240.0066142024-10-040.35 - 0.60.51Out
 Put
2024-10-04 PUT at $557.5-0.0720.007792024-10-040.45 - 0.70.9Out
 Put
2024-10-04 PUT at $560.0-0.07060.00862062024-10-040.5 - 4.90.5Out
 Put
2024-10-04 PUT at $562.5-0.11020.0112122024-10-040.65 - 1.00.91Out
 Put
2024-10-04 PUT at $565.0-0.13290.0132452024-10-040.9 - 1.30.85Out
 Put
2024-10-04 PUT at $567.5-0.16290.0156112024-10-041.1 - 1.651.0Out
 Put
2024-10-04 PUT at $570.0-0.19530.0184552024-10-041.3 - 2.151.65Out
 Put
2024-10-04 PUT at $572.5-0.24280.0211102024-10-041.55 - 5.92.16Out
 Put
2024-10-04 PUT at $575.0-0.30160.0232162024-10-042.65 - 3.22.15Out
 Put
2024-10-04 PUT at $577.5-0.35860.02572762024-10-043.3 - 4.13.6Out
 Put
2024-10-04 PUT at $580.0-0.42380.0274742024-10-044.4 - 4.94.5Out
 Put
2024-10-04 PUT at $582.5-0.49320.0271102024-10-045.6 - 6.15.08In
 Put
2024-10-04 PUT at $585.0-0.56050.027722024-10-047.0 - 7.46.37In
 Put
2024-10-04 PUT at $587.5-0.61530.023902024-10-046.5 - 11.90.0In
 Put
2024-10-04 PUT at $590.0-0.72640.0276302024-10-049.0 - 14.49.48In
 Put
2024-10-04 PUT at $595.0-0.81450.019702024-10-0412.0 - 15.70.0In
 Put
2024-10-04 PUT at $600.0-0.89830.013302024-10-0416.1 - 20.20.0In
 Put
2024-10-04 PUT at $605.0-0.86240.011102024-10-0420.7 - 27.00.0In
 Put
2024-10-04 PUT at $610.0-0.96730.00502024-10-0425.3 - 30.20.0In
 Put
2024-10-04 PUT at $615.0-0.97840.003302024-10-0430.3 - 35.10.0In
 Put
2024-10-04 PUT at $620.0-0.91410.008802024-10-0435.1 - 41.90.0In
 Put
2024-10-04 PUT at $625.0-0.86040.006102024-10-0440.1 - 45.00.0In
 Put
2024-10-04 PUT at $630.0-0.86820.005402024-10-0445.2 - 50.00.0In
 Put
2024-10-04 PUT at $635.0-0.930.00402024-10-0450.2 - 56.80.0In
 Put
2024-10-04 PUT at $640.0-0.88080.004402024-10-0455.1 - 60.00.0In
 Put
2024-10-04 PUT at $645.0-0.94190.003102024-10-0460.1 - 66.70.0In
 Put
2024-10-04 PUT at $650.0-0.94450.002902024-10-0465.1 - 71.70.0In
 Put
2024-10-04 PUT at $655.0-0.94690.002602024-10-0470.1 - 76.70.0In
 Put
2024-10-04 PUT at $660.0-0.98380.001202024-10-0475.1 - 80.40.0In
 Put
2024-10-04 PUT at $665.0-0.90190.00302024-10-0480.1 - 85.00.0In
 Put
2024-10-04 PUT at $670.0-0.96060.001902024-10-0485.1 - 91.30.0In
 Put
2024-10-04 PUT at $680.0-0.95560.001802024-10-0495.1 - 101.70.0In
 Put
2024-10-04 PUT at $690.0-0.91490.002302024-10-04105.1 - 110.00.0In
 Put
2024-10-04 PUT at $700.0-0.96030.001502024-10-04115.1 - 121.70.0In
 Put
2024-10-04 PUT at $710.0-0.92240.00202024-10-04125.2 - 130.00.0In
 Put
2024-10-04 PUT at $720.0-0.92550.001702024-10-04135.1 - 140.00.0In
 Put
2024-10-04 PUT at $730.0-0.96670.001102024-10-04145.1 - 151.60.0In
 Put
2024-10-04 PUT at $740.0-0.93280.001502024-10-04155.2 - 159.90.0In
 Put
2024-10-04 PUT at $750.0-0.99741.0E-402024-10-04165.3 - 170.00.0In
 Put
2024-10-04 PUT at $760.0-0.91260.001502024-10-04173.3 - 181.40.0In

Lockheed Martin Corporate Directors

James EllisIndependent DirectorProfile
David BurrittIndependent DirectorProfile
Vicki HollubIndependent DirectorProfile
Patricia YarringtonIndependent DirectorProfile

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.