LMT250919P00480000 Option on Lockheed Martin

LMT Stock  USD 410.74  49.79  10.81%   
LMT250919P00480000 is a PUT option contract on Lockheed Martin's common stock with a strick price of 480.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 59 days remaining before the expiration. The option is currently trading at a bid price of $28.5, and an ask price of $29.6. The implied volatility as of the 22nd of July is 59.0.
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 2025-09-19 Option Contract

The options market is anticipating that Lockheed Martin will have an average daily up or down price movement of about 0.0152% per day over the life of the option. With Lockheed Martin trading at USD 410.74, that is roughly USD 0.0624. 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 0.24%. 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 NameLMT250919P00480000
Expires On2025-09-19
Days Before Expriration59
Vega0.694602
Gamma0.008319
Theoretical Value29.05
Open Interest215
Strike Price480.0
Last Traded At24.7
Current Price Spread28.5 | 29.6
Rule 16 Daily Up or DownUSD 0.0624

Lockheed short PUT Option Greeks

Lockheed Martin's Option Greeks for the contract ending on 2025-09-19 at a strike price of 480.0 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-0.637977
Gamma0.008319
Theta-0.12865
Vega0.694602
Rho-0.410095

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 450.95 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 480.0, 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
LMT250919P009000000900.0434.0 - 442.9434.0In
 Put
LMT250919P008800000880.0414.0 - 423.0414.0In
 Put
LMT250919P008600000860.0394.0 - 403.0394.0In
 Put
LMT250919P008400000840.0374.0 - 383.0374.0In
 Put
LMT250919P008200000820.0354.0 - 363.0354.0In
 Put
LMT250919P008000000800.0334.0 - 343.0334.0In
 Put
LMT250919P007800000780.0314.1 - 322.2314.1In
 Put
LMT250919P007600000760.0294.2 - 302.2294.2In
 Put
LMT250919P007400000740.0274.2 - 282.1274.2In
 Put
LMT250919P007200000720.0254.0 - 263.0254.0In
 Put
LMT250919P006400001640.0174.0 - 182.9158.25In
 Put
LMT250919P005700001570.0104.8 - 112.3104.8In
 Put
LMT250919P005600007560.095.0 - 103.095.0In
 Put
LMT250919P005500007550.085.2 - 93.267.4In
 Put
LMT250919P0054500013545.080.3 - 88.480.3In
 Put
LMT250919P0054000058540.075.4 - 83.677.02In
 Put
LMT250919P005350003535.070.6 - 78.972.0In
 Put
LMT250919P0053000022530.066.1 - 74.166.1In
 Put
LMT250919P005250004525.064.5 - 70.264.5In
 Put
LMT250919P00520000135520.060.2 - 64.057.3In
 Put
LMT250919P0051500016515.055.5 - 61.141.33In
 Put
LMT250919P00510000134510.048.0 - 55.051.86In
 Put
LMT250919P0050500054505.046.8 - 51.752.18In
 Put
LMT250919P0050000079500.043.0 - 49.039.06In
 Put
LMT250919P0049500040495.039.0 - 40.743.81In
 Put
LMT250919P0049000095490.035.3 - 37.029.2In
 Put
LMT250919P0048500075485.031.8 - 37.027.8In
 Put
LMT250919P00480000215480.028.5 - 29.624.7In
 Put
LMT250919P00475000276475.025.3 - 26.423.8In
 Put
LMT250919P00470000452470.022.5 - 23.222.5In
 Put
LMT250919P00465000206465.019.6 - 23.518.3In
 Put
LMT250919P00460000215460.017.1 - 18.917.15Out
 Put
LMT250919P00455000239455.014.7 - 15.314.8Out
 Put
LMT250919P00450000424450.012.6 - 13.212.8Out
 Put
LMT250919P00445000460445.010.8 - 15.09.8Out
 Put
LMT250919P00440000715440.09.1 - 9.99.2Out
 Put
LMT250919P00435000218435.07.6 - 11.17.78Out
 Put
LMT250919P00430000384430.06.4 - 6.86.4Out
 Put
LMT250919P00425000226425.05.3 - 5.75.45Out
 Put
LMT250919P00420000199420.04.4 - 4.94.54Out
 Put
LMT250919P00415000262415.03.6 - 5.33.7Out
 Put
LMT250919P00410000123410.03.0 - 3.33.0Out
 Put
LMT250919P00405000148405.02.45 - 2.852.55Out
 Put
LMT250919P00400000291400.02.05 - 2.32.2Out
 Put
LMT250919P0039500071395.01.65 - 2.21.74Out
 Put
LMT250919P00390000135390.01.4 - 1.651.55Out
 Put
LMT250919P0038500089385.01.15 - 4.81.3Out
 Put
LMT250919P00380000273380.00.95 - 1.31.85Out
 Put
LMT250919P003750004375.00.0 - 3.51.27Out
 Put
LMT250919P00370000768370.00.45 - 1.80.77Out
 Put
LMT250919P003650003365.00.0 - 1.951.08Out
 Put
LMT250919P0036000087360.00.0 - 4.81.55Out
 Put
LMT250919P003550002355.00.05 - 4.80.63Out
 Put
LMT250919P00350000229350.00.1 - 2.450.51Out
 Put
LMT250919P0034000040340.00.0 - 4.60.5Out
 Put
LMT250919P003350001335.00.0 - 4.80.6Out
 Put
LMT250919P0033000060330.00.0 - 4.80.65Out
 Put
LMT250919P003250003325.00.0 - 4.50.25Out
 Put
LMT250919P0032000022320.00.0 - 4.80.4Out
 Put
LMT250919P0031000022310.00.0 - 4.80.35Out
 Put
LMT250919P00300000143300.00.05 - 8.70.27Out
 Put
LMT250919P0029000027290.00.0 - 1.950.26Out
 Put
LMT250919P0028000027280.00.0 - 4.44.4Out
 Put
LMT250919P002700004270.00.0 - 4.30.1Out
 Put
LMT250919P002600002260.00.0 - 4.30.1Out
 Put
LMT250919P0025000014250.00.0 - 0.40.05Out
 Put
LMT250919P0024000063240.00.0 - 0.60.1Out
 Put
LMT250919P0022000017220.00.0 - 1.00.06Out

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.