This Is What Whales Are Betting On Lockheed Martin
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have adopted a bearish approach towards Lockheed Martin (NYSE:LMT), as revealed by Benzinga's options scanner. The scanner highlighted 9 extraordinary options activities, with 33% bullish and 44% bearish sentiment. Significant trades include puts totaling $127,290 and calls amounting to $553,750. Analysts have mixed ratings, with price targets ranging from $500 to $600.

August 08, 2024 | 4:01 pm
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Lockheed Martin (NYSE:LMT) has seen significant options activity with a bearish tilt. Benzinga's scanner highlighted 9 extraordinary trades, with 33% bullish and 44% bearish sentiment. Analysts have mixed ratings, with price targets ranging from $500 to $600.
The significant bearish options activity suggests that large investors are expecting a potential decline in Lockheed Martin's stock price. The mixed analyst ratings and price targets further add to the uncertainty, making a short-term bearish impact likely.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100