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 14 trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $166,875 and 9, calls, for a total amount of $396,917.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $250.0 to $740.0 for Lockheed Martin over the last 3 months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Lockheed Martin options trades today is 197.36 with a total volume of 769.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Lockheed Martin's big money trades within a strike price range of $250.0 to $740.0 over the last 30 days.

Lockheed Martin Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

About Lockheed Martin

After a thorough review of the options trading surrounding Lockheed Martin, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Present Market Standing of Lockheed Martin

• With a trading volume of 775,717, the price of LMT is down by -0.14%, reaching $428.81.
• Current RSI values indicate that the stock is may be oversold.
• Next earnings report is scheduled for 75 days from now.

Professional Analyst Ratings for Lockheed Martin

5 market experts have recently issued ratings for this stock, with a consensus target price of $499.2.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Lockheed Martin with Benzinga Pro for real-time alerts.