LMT250321P00380000 Option on Lockheed Martin
LMT Stock | USD 490.32 3.46 0.71% |
LMT250321P00380000 is a PUT option contract on Lockheed Martin's common stock with a strick price of 380.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 61 days remaining before the expiration. The option is currently trading at a bid price of $0.3, and an ask price of $0.95. The implied volatility as of the 19th of January is 61.0.
Lockheed |
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 2025-03-21 Option Contract
The options market is anticipating that Lockheed Martin will have an average daily up or down price movement of about 0.0205% per day over the life of the option. With Lockheed Martin trading at USD 490.32, that is roughly USD 0.1. 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 0.33%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Lockheed Martin
An 'Out of The Money' option on Lockheed has a strike price that Lockheed Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Lockheed Martin's 'Out of The Money' options include buying the options if you expect a big move in Lockheed Martin's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Put Contract Name | LMT250321P00380000 |
Expires On | 2025-03-21 |
Days Before Expriration | 61 |
Vega | 0.113909 |
Gamma | 8.52E-4 |
Theoretical Value | 0.63 |
Open Interest | 30 |
Strike Price | 380.0 |
Last Traded At | 1.45 |
Current Price Spread | 0.3 | 0.95 |
Rule 16 Daily Up or Down | USD 0.1 |
Lockheed short PUT Option Greeks
Lockheed Martin's Option Greeks for the contract ending on 2025-03-21 at a strike price of 380.0 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 | -0.023958 | |
Gamma | 8.52E-4 | |
Theta | -0.029484 | |
Vega | 0.113909 | |
Rho | -0.019703 |
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 379.37 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 380.0, 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.
Open Int | Strike Price | Current Spread | Last Price | |||
Put | LMT250321P00230000 | 1 | 230.0 | 0.0 - 4.3 | 0.4 | Out |
Put | LMT250321P00240000 | 1 | 240.0 | 0.0 - 0.5 | 0.1 | Out |
Put | LMT250321P00250000 | 2 | 250.0 | 0.0 - 1.7 | 0.15 | Out |
Put | LMT250321P00270000 | 2 | 270.0 | 0.0 - 2.6 | 0.05 | Out |
Put | LMT250321P00280000 | 2 | 280.0 | 0.0 - 1.85 | 0.86 | Out |
Put | LMT250321P00300000 | 14 | 300.0 | 0.0 - 0.7 | 0.45 | Out |
Put | LMT250321P00320000 | 12 | 320.0 | 0.0 - 1.35 | 0.55 | Out |
Put | LMT250321P00350000 | 33 | 350.0 | 0.1 - 1.45 | 0.68 | Out |
Put | LMT250321P00360000 | 14 | 360.0 | 0.15 - 1.5 | 1.06 | Out |
Put | LMT250321P00365000 | 4 | 365.0 | 0.05 - 10.0 | 0.85 | Out |
Put | LMT250321P00370000 | 98 | 370.0 | 0.0 - 1.3 | 1.2 | Out |
Put | LMT250321P00375000 | 20 | 375.0 | 0.4 - 1.2 | 1.07 | Out |
Put | LMT250321P00380000 | 30 | 380.0 | 0.3 - 0.95 | 1.45 | Out |
Put | LMT250321P00385000 | 14 | 385.0 | 0.35 - 2.45 | 0.8 | Out |
Put | LMT250321P00390000 | 31 | 390.0 | 0.55 - 1.6 | 1.0 | Out |
Put | LMT250321P00395000 | 10 | 395.0 | 0.5 - 1.65 | 1.55 | Out |
Put | LMT250321P00400000 | 69 | 400.0 | 0.9 - 1.55 | 1.52 | Out |
Put | LMT250321P00405000 | 17 | 405.0 | 1.2 - 2.6 | 2.1 | Out |
Put | LMT250321P00410000 | 175 | 410.0 | 1.35 - 2.95 | 1.45 | Out |
Put | LMT250321P00415000 | 11 | 415.0 | 1.55 - 2.3 | 1.95 | Out |
Put | LMT250321P00420000 | 54 | 420.0 | 1.8 - 3.9 | 1.91 | Out |
Put | LMT250321P00425000 | 145 | 425.0 | 0.75 - 4.5 | 2.23 | Out |
Put | LMT250321P00430000 | 290 | 430.0 | 2.0 - 4.3 | 3.77 | Out |
Put | LMT250321P00435000 | 200 | 435.0 | 2.9 - 5.4 | 3.07 | Out |
Put | LMT250321P00440000 | 375 | 440.0 | 3.5 - 3.9 | 3.5 | Out |
Put | LMT250321P00445000 | 87 | 445.0 | 4.1 - 7.4 | 4.2 | Out |
Put | LMT250321P00450000 | 459 | 450.0 | 3.5 - 5.4 | 5.0 | Out |
Put | LMT250321P00455000 | 1878 | 455.0 | 5.7 - 6.2 | 5.92 | Out |
Put | LMT250321P00460000 | 170 | 460.0 | 6.8 - 10.2 | 7.0 | Out |
Put | LMT250321P00465000 | 146 | 465.0 | 7.3 - 10.1 | 8.19 | Out |
Put | LMT250321P00470000 | 125 | 470.0 | 9.5 - 13.0 | 9.6 | Out |
Put | LMT250321P00475000 | 915 | 475.0 | 11.2 - 14.6 | 11.4 | Out |
Put | LMT250321P00480000 | 593 | 480.0 | 11.7 - 13.7 | 13.3 | Out |
Put | LMT250321P00485000 | 233 | 485.0 | 13.7 - 18.7 | 15.78 | Out |
Put | LMT250321P00490000 | 338 | 490.0 | 16.2 - 19.9 | 17.65 | Out |
Put | LMT250321P00495000 | 78 | 495.0 | 19.3 - 23.0 | 20.01 | In |
Put | LMT250321P00500000 | 749 | 500.0 | 22.5 - 23.7 | 30.25 | In |
Put | LMT250321P00505000 | 155 | 505.0 | 25.4 - 26.5 | 45.7 | In |
Put | LMT250321P00510000 | 710 | 510.0 | 28.5 - 32.3 | 37.76 | In |
Put | LMT250321P00515000 | 177 | 515.0 | 32.1 - 34.6 | 51.4 | In |
Put | LMT250321P00520000 | 234 | 520.0 | 35.4 - 37.1 | 45.7 | In |
Put | LMT250321P00525000 | 289 | 525.0 | 39.4 - 43.1 | 60.25 | In |
Put | LMT250321P00530000 | 709 | 530.0 | 43.3 - 45.2 | 52.5 | In |
Put | LMT250321P00535000 | 97 | 535.0 | 44.4 - 49.5 | 71.2 | In |
Put | LMT250321P00540000 | 156 | 540.0 | 51.7 - 56.9 | 58.3 | In |
Put | LMT250321P00545000 | 306 | 545.0 | 56.2 - 58.3 | 71.2 | In |
Put | LMT250321P00550000 | 166 | 550.0 | 57.7 - 62.8 | 84.25 | In |
Put | LMT250321P00555000 | 274 | 555.0 | 64.7 - 67.9 | 73.1 | In |
Put | LMT250321P00560000 | 229 | 560.0 | 67.7 - 73.4 | 79.7 | In |
Put | LMT250321P00565000 | 72 | 565.0 | 73.6 - 78.8 | 81.7 | In |
Put | LMT250321P00570000 | 154 | 570.0 | 77.2 - 83.8 | 88.16 | In |
Put | LMT250321P00580000 | 101 | 580.0 | 86.7 - 94.2 | 96.56 | In |
Put | LMT250321P00600000 | 6 | 600.0 | 105.8 - 112.1 | 95.7 | In |
Put | LMT250321P00640000 | 1 | 640.0 | 145.0 - 153.5 | 76.0 | In |
Put | LMT250321P00720000 | 0 | 720.0 | 225.0 - 232.3 | 115.7 | In |
Put | LMT250321P00725000 | 0 | 725.0 | 230.2 - 237.2 | 230.2 | In |
Put | LMT250321P00730000 | 0 | 730.0 | 235.1 - 243.5 | 235.1 | In |
Put | LMT250321P00740000 | 0 | 740.0 | 245.0 - 253.8 | 252.0 | In |
Put | LMT250321P00760000 | 0 | 760.0 | 265.1 - 273.5 | 265.1 | In |
Put | LMT250321P00780000 | 0 | 780.0 | 285.1 - 293.5 | 285.1 | In |
Put | LMT250321P00800000 | 0 | 800.0 | 305.1 - 313.5 | 305.1 | In |
Put | LMT250321P00820000 | 0 | 820.0 | 325.0 - 333.8 | 325.0 | In |
Put | LMT250321P00840000 | 0 | 840.0 | 345.1 - 353.5 | 345.1 | In |
Put | LMT250321P00860000 | 0 | 860.0 | 365.2 - 373.8 | 365.2 | 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.