Lockheed Martin (LMT) Offering Possible 23.46% Return Over the Next 14 Calendar Days

This post was originally published on this site

Lockheed Martin’s most recent trend suggests a bullish bias. One trading opportunity on Lockheed Martin is a Bull Put Spread using a strike $365.00 short put and a strike $360.00 long put offers a potential 23.46% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $365.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock dropped below the $360.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Lockheed Martin is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Lockheed Martin is bullish.

The RSI indicator is at 79.07 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Lockheed Martin

Defense Stock Roundup: LMT, NOC Win Big Contracts, AIR Beats on Q3 Earnings
Thu, 01 Apr 2021 10:22:10 +0000
Smooth flow of contracts from Pentagon along with stimulus obtained from the broader market keeps U.S. defense stocks buoyant over the trailing five trading sessions.

ARK’s Sam Korus on firm’s newly-launched Space Exploration & Innovation ETF
Wed, 31 Mar 2021 16:12:36 +0000
Ark analyst Sam Korus, joins Yahoo Finance to discuss Cathie Wood’s Space ETF debut and investing in space exploration and innovation.

Taiwan to buy new U.S. air defence missiles to guard against China
Wed, 31 Mar 2021 09:51:18 +0000
Taiwan has decided to buy an upgraded version of Lockheed Martin Corp’s Patriot surface-to-air missile, the air force said on Wednesday, as the island bolsters its forces to guard against a rising threat from China. Chinese-claimed Taiwan has complained of repeated incursions by China’s air force in recent months into the island’s air defence identification zone, as Beijing seeks to pressure Taipei into accepting its sovereignty. Taiwan’s Air Force told Reuters it had decided to buy the Patriot Advanced Capability 3 (PAC-3) Missile Segment Enhancement (MSE) missiles, with deliveries to start in 2025 and deployment the following year.

Lockheed Martin (LMT) Dips More Than Broader Markets: What You Should Know
Tue, 30 Mar 2021 21:50:09 +0000
In the latest trading session, Lockheed Martin (LMT) closed at $370.54, marking a -0.6% move from the previous day.

3 Top Stocks With High Dividend Yields
Tue, 30 Mar 2021 11:28:00 +0000
Mature, stable companies with high dividend yields are great options for risk-averse investors, or investors looking for a regular stream of income. Altria Group (NYSE: MO), Lockheed Martin (NYSE: LMT), and Verizon Communications (NYSE: VZ) are three dividend-yielding stocks investors should consider for their portfolios. Altria is the maker of the popular Marlboro cigarette brand.

Be Sociable, Share!

Related Posts