LMT Options
Lockheed Martin Corporation Options Chain, Implied Volatility & Greeks
Comprehensive options market data for Lockheed Martin Corporation (LMT). Explore implied volatility patterns, options chain liquidity, gamma exposure levels, and key market metrics.
LMT Options at a Glance
What's Covered in This Guide
1 About Lockheed Martin Corporation (LMT)
Lockheed Martin Corporation trades on NYSE. Options on LMT are actively traded by retail and institutional investors.
Company Profile
Key Dates
LMT is an actively traded options name in the Aerospace & Defense space.
2 LMT Options Market Overview
LMT options offer good liquidity for traders seeking exposure to Aerospace & Defense.
Liquidity Assessment: Good
LMT options provide good liquidity for most trading strategies.
3 LMT Volatility Profile
LMT implied volatility reflects market expectations for Lockheed Martin Corporation price movement.
Earnings Impact
IV typically increases before earnings and contracts afterward (IV crush).
Historical Volatility vs IV
Compare IV to historical volatility to assess option pricing relative to realized moves.
Term Structure
Term structure varies with market conditions and upcoming events.
LMT Gamma Exposure (GEX)
Gamma Exposure (GEX) analysis for LMT shows how dealer hedging may impact price behavior.
Typical GEX Profile: GEX profile varies based on market conditions and option positioning.
Key Levels: Major put and call walls at round number strikes may act as support/resistance.
Dealer Hedging: Dealer hedging activity can influence price behavior at key gamma levels.
4 Common LMT Options Strategies
These are strategies commonly used by traders on LMT options, based on typical market characteristics. This is not investment advice.
Used by LMT traders for income exposure. Good liquidity supports efficient execution.
Used by LMT traders for income exposure. Good liquidity supports efficient execution.
Used by LMT traders for directional exposure. Good liquidity supports efficient execution.
Used by LMT traders for neutral exposure. Good liquidity supports efficient execution.
Used by LMT traders for time-based exposure. Good liquidity supports efficient execution.
Key Considerations for LMT Options
- LMT options liquidity: Good - affects execution quality
- IV range: 18% - 45% - important for premium selling strategies
- Earnings events can significantly impact IV and option prices
- Consider position sizing based on underlying volatility
- Weekly options available for short-term strategies
- LEAPS available for longer-term positioning
Frequently Asked Questions: LMT Options
What are LMT options?
LMT options are derivative contracts that give you the right to buy (call) or sell (put) Lockheed Martin Corporation shares at a specific price before expiration.
How do I analyze LMT implied volatility?
LMT IV typically ranges from 18% - 25% during quiet periods to 35% - 45% around earnings and major events. Compare current IV to historical ranges to assess relative value.
What is the typical bid-ask spread for LMT options?
LMT options have good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.
When does LMT report earnings?
Lockheed Martin Corporation typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.
What strategies work best for LMT options?
Popular LMT strategies include covered calls, cash-secured puts, and vertical spreads. Strategy selection depends on market outlook and risk tolerance.
What is the best time to trade LMT options?
The most liquid trading hours for LMT options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.
How do I calculate LMT option Greeks?
Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for LMT options across all strikes and expirations.
What happens to LMT options at expiration?
In-the-money LMT options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.
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LMT Analytics
LMT Key Events
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