Lockheed Martin (LMT) Options Chain

NYSE: LMTIndustrialsMilitary/Government/TechnicalUSD

507.89+8.67 (+1.74%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

After hours: 507.89 0.00%

Expiration date

Expiration: Oct 9, 2026
Days to expiration: 1
Share price: $507.89
Put/call ratio (OI): 0.73
Put/call ratio (volume): 0.48
ATM implied volatility: 44.0%
Expected move: ±$11.70
Open interest (C / P): 3.50K / 2.54K

LMT options summary

The LMT options chain for the October 9, 2026 expiration lists 54 call and 47 put contracts, with 1 day until expiration. Open interest stands at 3,502 calls and 2,542 puts, a put/call ratio of 0.73, which is fairly balanced between calls and puts. At-the-money implied volatility near the $507.50 strike is 44.0%, which implies the market expects a move of about ±$11.70 (2.3%) in Lockheed Martin stock by expiration.

The most open interest sits at the $510.00 call (584 contracts) and the $507.50 put (377 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

LMT options chain · October 9, 2026

LMT calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
5	14	281.4%	191.97	189.50	196.90	315.00	—	—	—	—	—	—
1	1	148.4%	109.30	103.70	112.60	400.00	—	—	—	—	—	—
—	—	—	—	—	—	410.00	0.00	4.90	0.10	204.5%	—	1
5	14	220.9%	91.98	88.70	96.80	415.00	0.00	4.90	0.05	195.4%	—	1
—	—	—	—	—	—	425.00	0.00	4.90	0.10	177.3%	—	2
—	—	—	—	—	—	435.00	0.00	4.90	3.45	159.3%	1	49
—	—	—	—	—	—	440.00	0.00	4.90	1.21	150.4%	1	1
—	—	—	—	—	—	445.00	0.00	4.90	1.00	141.4%	1	10
1	1	155.0%	53.73	53.70	62.00	450.00	0.00	1.75	0.10	103.1%	4	43
—	—	—	—	—	—	455.00	0.00	4.90	1.00	123.5%	2	19
—	—	—	—	—	—	460.00	0.00	4.90	0.06	114.5%	1	20
—	—	—	—	—	—	465.00	0.00	0.10	0.04	54.5%	1	10
—	—	—	—	—	—	470.00	0.00	4.90	0.05	96.3%	9	37
—	—	—	—	—	—	475.00	0.00	0.10	0.04	43.0%	1	101
—	—	—	—	—	—	477.50	0.00	1.10	0.15	54.6%	3	14
12	1	76.2%	27.20	24.90	30.20	480.00	0.00	1.40	0.43	54.0%	9	67
—	—	—	—	—	—	482.50	0.00	1.00	0.30	55.0%	13	21
—	—	—	—	—	—	485.00	0.00	0.10	0.05	31.3%	30	148
—	—	—	—	—	—	487.50	0.00	0.35	0.31	35.8%	7	80
4	6	54.0%	16.90	15.90	19.90	490.00	0.00	0.25	0.10	30.0%	19	260
—	—	—	—	—	—	492.50	0.00	0.50	0.10	31.4%	54	81
4	2	45.9%	7.07	11.00	15.10	495.00	0.05	0.55	0.10	28.2%	22	172
19	20	41.5%	7.00	8.70	12.70	497.50	0.05	0.40	0.25	22.0%	9	60
108	63	51.9%	7.00	4.00	12.30	500.00	0.40	0.65	0.49	21.1%	72	303
54	26	33.9%	7.50	5.50	8.20	502.50	0.60	1.60	0.65	24.7%	69	206
56	74	30.8%	4.80	3.50	6.20	505.00	1.00	2.10	1.45	22.4%	29	90
61	11	26.0%	2.93	1.35	4.10	507.50	1.15	9.10	2.37	62.0%	1	377
LMT $507.89
584	46	21.6%	1.50	1.40	2.30	510.00	1.70	4.90	7.31	24.9%	45	252
127	30	21.6%	1.00	0.50	1.45	512.50	4.30	7.40	6.92	31.5%	2	24
310	34	20.9%	0.70	0.10	0.80	515.00	5.00	8.90	7.95	29.6%	8	45
64	76	21.8%	0.25	0.10	0.50	517.50	7.70	12.30	14.60	42.1%	1	4
150	39	25.6%	0.18	0.00	0.50	520.00	9.90	13.40	15.60	34.8%	1	38
62	5	41.8%	0.05	0.00	1.55	522.50	13.00	17.90	20.57	57.3%	1	5
259	60	23.6%	0.02	0.00	0.10	525.00	15.10	21.00	23.17	67.2%	15	1
40	1	46.2%	0.64	0.00	1.20	527.50	17.90	23.00	25.55	67.9%	4	0
136	13	26.2%	0.05	0.00	0.05	530.00	20.00	24.80	27.00	66.1%	1	0
12	1	51.2%	0.05	0.00	1.00	532.50	21.80	28.50	24.52	81.6%	2	0
47	21	31.1%	0.05	0.00	0.05	535.00	24.40	31.00	32.00	86.2%	1	0
22	17	69.6%	0.25	0.00	3.70	537.50	—	—	—	—	—	—
27	7	50.1%	0.45	0.00	0.80	540.00	30.10	36.00	34.36	60.8%	1	0
16	6	54.4%	0.30	0.00	0.90	542.50	—	—	—	—	—	—
13	8	40.6%	0.48	0.00	0.05	545.00	35.10	41.70	38.40	73.1%	2	0
22	1	92.0%	0.20	0.00	4.90	547.50	—	—	—	—	—	—
84	1	49.4%	0.05	0.00	0.10	550.00	39.30	46.00	42.47	65.6%	2	0
3	—	99.4%	0.55	0.00	4.90	552.50	—	—	—	—	—	—
48	3	90.7%	0.05	0.00	3.10	555.00	44.30	51.90	28.45	81.3%	1	0
41	—	106.6%	0.14	0.00	4.90	557.50	—	—	—	—	—	—
43	1	50.0%	0.15	0.00	0.05	560.00	49.40	56.90	39.75	88.4%	2	0
63	2	117.1%	2.16	0.00	4.90	565.00	53.50	61.70	19.93	81.2%	—	0
8	—	120.5%	0.05	0.00	4.90	567.50	—	—	—	—	—	—
81	3	123.8%	0.05	0.00	4.90	570.00	59.70	66.90	23.54	103.5%	—	0
107	5	61.7%	0.03	0.00	0.05	575.00	64.90	71.10	53.80	102.9%	1	0
166	9	65.6%	0.03	0.00	0.05	580.00	69.40	76.00	77.66	100.2%	2	0
83	1	143.3%	0.05	0.00	4.90	585.00	—	—	—	—	—	—
118	50	149.5%	0.05	0.00	4.90	590.00	—	—	—	—	—	—
54	12	155.5%	0.31	0.00	4.90	595.00	84.30	91.00	64.90	113.8%	—	0
32	1	161.5%	0.05	0.00	4.90	600.00	—	—	—	—	—	—
6	1	159.6%	1.75	0.00	4.00	605.00	—	—	—	—	—	—
56	124	173.2%	0.47	0.00	4.90	610.00	—	—	—	—	—	—
25	—	178.9%	0.45	0.00	4.90	615.00	—	—	—	—	—	—
3	2	184.5%	0.33	0.00	4.90	620.00	—	—	—	—	—	—
10	—	190.0%	2.80	0.00	4.90	625.00	—	—	—	—	—	—
—	—	—	—	—	—	630.00	119.80	126.20	85.00	159.4%	—	0
1	—	211.2%	1.70	0.00	4.90	645.00	—	—	—	—	—	—
35	35	236.1%	0.31	0.00	4.90	670.00	—	—	—	—	—	—
81	80	241.0%	1.42	0.00	4.90	675.00	—	—	—	—	—	—
41	1	245.7%	0.25	0.00	4.90	680.00	—	—	—	—	—	—
83	1	250.4%	0.48	0.00	4.90	685.00	—	—	—	—	—	—
1	—	194.0%	0.29	0.00	1.00	690.00	—	—	—	—	—	—
8	—	273.0%	0.29	0.00	4.90	710.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the LMT put/call ratio?

For the October 9, 2026 expiration, the LMT put/call ratio based on open interest is 0.73 (2,542 puts vs 3,502 calls), and 0.48 based on today's volume. A ratio above 1 means more puts than calls.

What is LMT's implied volatility?

At-the-money implied volatility for LMT options expiring October 9, 2026 is about 44.0%, an annualized estimate of how much the market expects Lockheed Martin stock to move.

How many LMT option expiration dates are there?

LMT has 15 listed expiration dates, from Oct 9, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.