LMT250919P00280000 Option on Lockheed Martin

LMT Stock  USD 421.01  0.03  0.01%   
LMT250919P00280000 is a PUT option contract on Lockheed Martin's common stock with a strick price of 280.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 47 days remaining before the expiration. The option is currently trading at an ask price of $4.4. The implied volatility as of the 3rd of August is 47.0.
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 0.0449% per day over the life of the option. With Lockheed Martin trading at USD 421.01, that is roughly USD 0.19. 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 0.72%. 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 NameLMT250919P00280000
Expires On2025-09-19
Days Before Expriration47
Vega0.142655
Gamma8.52E-4
Theoretical Value2.2
Open Interest27
Strike Price280.0
Current Price Spread0.0 | 4.4
Rule 16 Daily Up or DownUSD 0.19

Lockheed short PUT Option Greeks

Lockheed Martin's Option Greeks for the contract ending on 2025-09-19 at a strike price of 280.0 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-0.044238
Gamma8.52E-4
Theta-0.10591
Vega0.142655
Rho-0.025486

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 277.8 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 280.0, 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
LMT250919P009000000900.0474.6 - 483.6474.6In
 Put
LMT250919P008800000880.0454.6 - 462.9454.6In
 Put
LMT250919P008600000860.0434.6 - 443.0434.6In
 Put
LMT250919P008400000840.0414.9 - 423.0414.9In
 Put
LMT250919P008200000820.0394.9 - 403.1394.9In
 Put
LMT250919P008000000800.0374.6 - 382.8374.6In
 Put
LMT250919P007800000780.0355.0 - 363.3355.0In
 Put
LMT250919P007600000760.0335.1 - 343.2335.1In
 Put
LMT250919P007400000740.0315.0 - 323.1315.0In
 Put
LMT250919P007200000720.0295.0 - 303.5295.0In
 Put
LMT250919P006400001640.0215.3 - 224.0158.25In
 Put
LMT250919P005700001570.0146.0 - 153.8146.0In
 Put
LMT250919P005600007560.0136.0 - 143.8136.0In
 Put
LMT250919P005500007550.0126.0 - 133.467.4In
 Put
LMT250919P0054500013545.0121.1 - 128.7113.5In
 Put
LMT250919P0054000054540.0116.0 - 124.077.02In
 Put
LMT250919P005350002535.0113.0 - 118.9107.7In
 Put
LMT250919P0053000022530.0107.5 - 113.6107.28In
 Put
LMT250919P005250004525.0101.5 - 109.2107.7In
 Put
LMT250919P00520000124520.099.6 - 102.7100.75In
 Put
LMT250919P0051500016515.091.4 - 99.341.33In
 Put
LMT250919P00510000126510.089.6 - 91.785.25In
 Put
LMT250919P0050500054505.083.4 - 89.087.91In
 Put
LMT250919P0050000063500.078.4 - 84.382.27In
 Put
LMT250919P0049500040495.073.5 - 79.678.0In
 Put
LMT250919P0049000095490.066.8 - 74.669.65In
 Put
LMT250919P0048500075485.064.0 - 70.057.15In
 Put
LMT250919P00480000349480.060.5 - 63.261.0In
 Put
LMT250919P00475000275475.056.2 - 58.163.47In
 Put
LMT250919P00470000562470.051.5 - 52.851.6In
 Put
LMT250919P00465000248465.046.9 - 49.250.0In
 Put
LMT250919P00460000259460.042.4 - 44.842.0In
 Put
LMT250919P00455000252455.037.9 - 40.539.5In
 Put
LMT250919P00450000460450.033.7 - 35.432.85In
 Put
LMT250919P00445000461445.029.8 - 30.931.7In
 Put
LMT250919P00440000738440.025.8 - 27.025.4In
 Put
LMT250919P00435000306435.022.4 - 23.221.7In
 Put
LMT250919P00430000608430.019.1 - 19.819.43In
 Put
LMT250919P00425000367425.013.7 - 16.916.6In
 Put
LMT250919P00420000482420.012.7 - 14.113.5Out
 Put
LMT250919P00415000362415.011.2 - 11.911.6Out
 Put
LMT250919P00410000456410.08.9 - 9.68.31Out
 Put
LMT250919P00405000253405.07.4 - 7.87.3Out
 Put
LMT250919P00400000963400.06.0 - 6.35.64Out
 Put
LMT250919P00395000189395.04.8 - 5.14.5Out
 Put
LMT250919P00390000432390.03.8 - 4.13.68Out
 Put
LMT250919P00385000153385.03.0 - 3.22.96Out
 Put
LMT250919P00380000429380.02.35 - 2.62.14Out
 Put
LMT250919P00375000144375.01.8 - 2.051.9Out
 Put
LMT250919P00370000824370.01.4 - 1.651.55Out
 Put
LMT250919P0036500085365.01.05 - 1.351.05Out
 Put
LMT250919P00360000113360.00.85 - 1.10.85Out
 Put
LMT250919P0035500038355.00.45 - 2.350.83Out
 Put
LMT250919P00350000230350.00.1 - 2.70.65Out
 Put
LMT250919P003450008345.00.0 - 4.82.48Out
 Put
LMT250919P0034000048340.00.25 - 0.550.48Out
 Put
LMT250919P003350002335.00.0 - 4.70.8Out
 Put
LMT250919P0033000085330.00.0 - 3.10.35Out
 Put
LMT250919P003250003325.00.0 - 3.10.25Out
 Put
LMT250919P0032000028320.00.0 - 3.20.37Out
 Put
LMT250919P003150006315.00.0 - 3.00.3Out
 Put
LMT250919P0031000025310.00.05 - 3.00.2Out
 Put
LMT250919P003050006305.00.0 - 4.50.27Out
 Put
LMT250919P00300000156300.00.05 - 0.50.2Out
 Put
LMT250919P00295000140295.00.0 - 2.90.2Out
 Put
LMT250919P0029000071290.00.0 - 1.50.17Out
 Put
LMT250919P0028000027280.00.0 - 4.44.4Out
 Put
LMT250919P002700005270.00.0 - 2.70.15Out
 Put
LMT250919P002600002260.00.0 - 3.10.08Out
 Put
LMT250919P00250000114250.00.0 - 4.40.1Out
 Put
LMT250919P0024000063240.00.0 - 3.10.1Out
 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.