Lockheed Martin Unusual Options Activity on December 12 – Lockheed Martin (NYSE:LMT)
Deep-pocketed investors take bearish stance on Lockheed Martin LMTwhich market participants should not ignore. Our tracking of Benzinga’s public option record revealed the big move today. The identities of these investors remain unknown, but a move of this magnitude in LMT is usually a sign that something big is about to happen.
We gleaned this information from today’s observations, when Benzinga’s Options Scanner highlighted 10 pieces of extraordinary options activity at Lockheed Martin Corp. This level of activity is extraordinary.
The overall sentiment among these heavyweight investors is divided, with 30% leaning bullish and 50% leaning bearish. Among these noteworthy options are 4 puts, totaling $141,995, and 6 calls, totaling $294,124.
What is the target price?
Based on trading activity, key investors appear to be targeting Lockheed Martin Corp. The price range over the last three months stretched from $450.0 to $560.0.
Volume and Open Interest Insights
In today’s trading environment, the average holdings of Lockheed Martin options was 380.0 lots, and the total trading volume reached 466.00 lots. The accompanying chart depicts the evolution of Lockheed Martin call and put volume over the last 30 days, as well as open interest on high-value trades within strike prices ranging from $450.0 to $560.0 .
Lockheed Martin Option Activity Analysis: Last 30 Days
Significant options trades detected:
| symbol | Put/Call | Trade type | mood | Expired. date | ask | bid | price | strike price | total transaction price | open interest | volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LMT | call | sweep | bullish | March 21, 25 | $5.6 | $4.80 | $5.6 | $560.00 | $672,000 | 290 | 122 |
| LMT | call | sweep | bullish | June 20, 25 | $11.6 | $11.3 | $11.6 | $560.00 | $63,800 | 77 | 62 |
| LMT | call | sweep | Bearish | June 20, 25 | $12.50 | $11.6 | $11.6 | $560.00 | $56,800 | 77 | 135 |
| LMT | call | trading | bullish | 01/15/27 | $67.6 | $64.1 | $67.3 | $500.00 | $53,800 | 47 | 13 |
| LMT | put | trading | Bearish | September 19, 25 | $19.1 | $16.9 | $18.3 | $450.00 | $475,000 | 221 | 26 |
About Lockheed Martin
Lockheed Martin, the world’s largest defense contractor, has dominated the Western high-end fighter market since winning the F-35 Joint Strike Fighter program in 2001. More than two-thirds of its revenue comes from the F-35. The remainder of Lockheed is Rotary and Mission Systems, which primarily includes the Sikorsky helicopter business; Missiles and Fire Control, which makes missiles and missile defense systems; and Space Systems, which produces satellites and receives equity revenue from the United Launch Alliance joint venture.
After conducting a thorough review of Lockheed Martin’s select deals, we set out to examine the company in more detail. This includes an assessment of its current market conditions and performance.
Where does Lockheed Martin stand now?
- LMT traded volume 695,248 and the price fell -1.4% to $497.17.
- The current RSI value indicates that the stock may be oversold.
- Its next earnings report is expected in 40 days.
Professional Analyst Ratings for Lockheed Martin
Last month, 1 experts issued ratings on the stock, with an average price target of $543.0.
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Overview Rating:
speculative
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