LMT250321P00640000 Option on Lockheed Martin

LMT Stock  USD 451.94  4.87  1.09%   
LMT250321P00640000 is a PUT option contract on Lockheed Martin's common stock with a strick price of 640.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 18 days remaining before the expiration. The option is currently trading at a bid price of $189.2, and an ask price of $195.5. The implied volatility as of the 3rd of March is 18.0.
  
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 0.0607% per day over the life of the option. With Lockheed Martin trading at USD 451.94, that is roughly USD 0.27. 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 0.97%. 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 NameLMT250321P00640000
Expires On2025-03-21
Days Before Expriration18
Vega0.148217
Gamma0.001397
Theoretical Value192.35
Open Interest1
Strike Price640.0
Last Traded At76.0
Current Price Spread189.2 | 195.5
Rule 16 Daily Up or DownUSD 0.27

Lockheed short PUT Option Greeks

Lockheed Martin's Option Greeks for the contract ending on 2025-03-21 at a strike price of 640.0 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-0.92451
Gamma0.001397
Theta-0.33733
Vega0.148217
Rho-0.199708

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 447.65 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 640.0, 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.
Open IntStrike PriceCurrent SpreadLast Price
 Put
LMT250417P003450002345.00.15 - 3.30.95Out
 Put
LMT250417P003700002370.00.4 - 2.451.22Out
 Put
LMT250417P003750001375.00.5 - 1.12.6Out
 Put
LMT250417P0038000017380.00.75 - 1.251.25Out
 Put
LMT250417P0038500017385.01.25 - 1.451.98Out
 Put
LMT250417P0039000077390.00.25 - 2.751.97Out
 Put
LMT250417P003950008395.00.7 - 5.52.35Out
 Put
LMT250417P0040000056400.02.05 - 4.32.56Out
 Put
LMT250417P0040500031405.02.0 - 5.02.96Out
 Put
LMT250417P0041000033410.02.0 - 6.13.6Out
 Put
LMT250417P0041500021415.01.0 - 4.24.95Out
 Put
LMT250417P0042000031420.02.8 - 5.15.0Out
 Put
LMT250417P00425000218425.05.7 - 6.27.3Out
 Put
LMT250417P0043000050430.07.0 - 8.28.05Out
 Put
LMT250417P0043500023435.08.5 - 9.010.8Out
 Put
LMT250417P00440000115440.010.2 - 10.812.0Out
 Put
LMT250417P0044500047445.012.2 - 14.114.75Out
 Put
LMT250417P0045000052450.014.6 - 15.215.1Out
 Put
LMT250417P004550008455.016.4 - 18.119.86In
 Put
LMT250417P004600001460.017.3 - 24.135.85In
 Put
LMT250417P0047000017470.024.6 - 29.430.11In
 Put
LMT250417P004750006475.028.4 - 32.240.5In
 Put
LMT250417P004800001480.032.3 - 35.838.56In
 Put
LMT250417P004850001485.036.7 - 40.741.2In
 Put
LMT250417P004900001490.040.9 - 45.349.97In
 Put
LMT250417P006150000615.0164.4 - 170.6164.4In
 Put
LMT250417P006200000620.0168.6 - 175.6168.6In
 Put
LMT250417P006250000625.0173.7 - 182.0173.7In
 Put
LMT250417P006300000630.0179.1 - 185.3179.1In
 Put
LMT250417P006350000635.0183.7 - 192.0183.7In
 Put
LMT250417P006400000640.0189.2 - 197.0189.2In
 Put
LMT250417P006450000645.0194.2 - 200.5194.2In
 Put
LMT250417P006500000650.0198.8 - 205.5198.8In
 Put
LMT250417P006550000655.0204.3 - 210.6204.3In
 Put
LMT250417P006600000660.0209.9 - 217.0209.9In

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.