AInvestOption Pilot Program
Options/LMT
LMT logo

LMTLockheed Martin Corp.

Options Analysis Report•GUIDED MISSILES & SPACE VEHICLES & PARTS
Market Cap $130.1B|NYSE
● 2026-08-31$563.85
NEUTRAL
Analysis: 2026-08-28 EOD data
1Y +24.6%YTD +13.4%7D -0.1%
5,737
30D
±6.8%
6%

LMT Options Overview

IV is low. No clear edge detected.

REWARDS

RISK ANALYSIS

6.1VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for option buyers

Learn
Loading score history...

LMT Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

8.5
ExpensiveCheap

Measures whether options are cheap, fair, or rich relative to historical and peer

levels.

Risk Checks8/9 checks passed
≤35%

IV Rank 28.0% — cheap vs history

<1.05x

IV/HV 0.91x — IV ≤ HV

Sector Relative≤50%

Sector percentile 27% — below sector median

<1.1x

Front/Back 0.87x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 25.0% — normal range

<80%

Effective IV 41.2% (ATM 25.0% + spread 8.1% + bias) — excellent value

<3.0%

Total drag 16.33% (spread 8.11% + slippage 8.22%) — high friction

≥5.0

Vega efficiency 65.81 (vega 53.371 / spread 8.11%) — efficient

Sentiment

Bullish or bearish?

6.4
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksNeutral - Weak signal (Conviction: +1%, Raw: +1%)
|net sentiment| ≥25%

Conviction-weighted: +1% (neutral) — Raw: +1%

≥15%

|OI skew| 7.6% — balanced

Same sign, |vol skew| ≥10%

Vol skew +30.1%, OI skew +7.6% — aligned

≥2/3 conditions

0-DTE 0%, far-OTM 15%, avg DTE 30

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: +2%, ATM: -10%, OTM: +3% — neutral (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 40% — bullish vs sector

Activity

Unusual activity?

3.8
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks2/8 checks passed
≥1.5x

Volume 0.9x avg — normal

≥15%

Vol/OI 5.7% — normal turnover

≥2 days

1 day(s) elevated — may be one-day event

≥5%

OI change +9.0% (5d) — building

Sector Relative≥60%

Sector activity percentile 80% — very active vs sector

≥30%

Large trade volume 7% — mostly retail

≥60%

Aggressive execution 11% — patient

≥30

Conviction +1 (bullish) — mixed

Liquidity

Can I trade efficiently?

4.9
IlliquidLiquid

Evaluates

, volume depth, and open interest for trade execution quality.

Risk Checks4/8 checks passed
≤5.0%

Spread 8.1% — wide

≥10,000

OI 100,947 — deep

≥500

Volume 5,737/day — active

≤$0.50

$0.41 to cross — cheap

≥5 strikes

1 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 29% — tighter than sector

≥100 contracts

Depth 47.6 contracts (bid:21.0 ask:26.6) — thin

<1.0%

Avg slippage 8.22% — poor

Timing

Is now a good time?

6.7
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks6/9 checks passed
|slope| ≥5%

Slope -12.9% — contango

<30 or >70

IV percentile 28% — buyer opportunity

≥10pts kink

IV kink -2.0pts — no clear event

<0.5 or >2.0

θ/ν ratio 222.47 — favors income trades

≥3 expirations

5 liquid expirations — flexible

≥60% (safe)

safe window: No events detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +1% @ 51% consistency — unclear

≥40 composite score

Score 37 (ITM 20% + inst 7%) — retail dominated

Directional Strategy Fit

Option Buyers
Long Calls7.0
bullishIV cheap, bullish flow
Long Puts6.0
bearishIV cheap, bullish flow
Premium Sellers
Cash-Secured Put4.7
bullishIV too cheap, bullish flow
Covered Call3.7
bearishIV too cheap, bullish flow

For educational purposes only. Not investment advice.

The Options Desk tracks the move options price into every US earnings report the week of Aug 31, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.

More on LMT

LMT gamma wallsLMT max painLMT IV rankLMT options flow