27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Whales with a lot of money to spend have taken a noticeably bullish stance on Lockheed Martin.
Looking at options history for Lockheed Martin (NYSE:LMT) we detected 26 trades.
If we consider the specifics of each trade, it is accurate to state that 53% of the investors opened trades with bullish expectations and 46% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $154,510 and 22, calls, for a total amount of $1,367,738.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $435.0 to $620.0 for Lockheed Martin over the last 3 months.
Volume & Open Interest Development
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Lockheed Martin's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Lockheed Martin's substantial trades, within a strike price spectrum from $435.0 to $620.0 over the preceding 30 days.
Lockheed Martin 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LMT | CALL | TRADE | BEARISH | 03/21/25 | $22.3 | $21.1 | $21.5 | $500.00 | $430.0K | 6 | 200 |
| LMT | CALL | SWEEP | BULLISH | 11/15/24 | $15.4 | $15.0 | $15.19 | $500.00 | $82.9K | 3 | 98 |
| LMT | CALL | SWEEP | BULLISH | 07/19/24 | $5.6 | $4.7 | $5.6 | $500.00 | $78.3K | 5.6K | 694 |
| LMT | CALL | SWEEP | BEARISH | 07/19/24 | $6.0 | $5.4 | $5.9 | $500.00 | $73.7K | 5.6K | 1.1K |
| LMT | PUT | TRADE | BEARISH | 01/17/25 | $32.5 | $32.4 | $32.5 | $460.00 | $55.2K | 810 | 31 |
About Lockheed Martin
Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, which is mainly the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.
Following our analysis of the options activities associated with Lockheed Martin, we pivot to a closer look at the company's own performance.
Present Market Standing of Lockheed Martin
- Trading volume stands at 1,244,789, with LMT's price up by 0.04%, positioned at $452.49.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 11 days.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Lockheed Martin options trades with real-time alerts from Benzinga Pro.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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