LMT Lockheed Martin Options Ahead Of EarningsIf you haven`t bought LMT here:
Then analyzing the options chain of LMT Lockheed Martin prior to the earnings report this week, I would consider purchasing
Calls with a 515usd strike price and an expiration date of 2023-6-16, for a premium of approximately $5.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
LOM trade ideas
Lockheed Martin 22223Really looking like an ascending triangle breakout that has confirmed as support. Target could be a move up to 700 but I would need to see 500 cracked first and go from there. We always take it level by level but for me Lockheed is the safest play as a growth stock and I see it has alot of value regardless of insiders dumping
Lockheed Martin 2623War. Rumors of war. LMT retesting a previous resistance as support. If it falls under expect to test the bottom of the channel. Could very well continue its grind and climb wall of worry. A very solid stock. Will buy the dip esp if it crashes. If there is a black swan would you have the liquid to buy? If it goes up will you be in max pain bc you were waiting on the dip?
#LMT bullish reversal @ yearly pivotHello dear Traders,
Here is my idea for #LMT
Price closed above yellow line
Targets marked in the chart
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
LMT - MyMI Option PlayLockheed Martin not only landed on a fundamental price level today (The price that it was at before Covid March 2020 Market Crash), but it also acquire roughly a $1B in Volume total, 2nd to JNJ. We like it for the continue concerned across seas that seem to be gaining more and more tension. Whether it's Ukraine/Russia or the worries in Asia, we will be looking to place some CALLs (ITM) to hold at least back to $458 to confirm that a Support to Resistance Conversion is not being completed.
If so, Lockheed could potentially lose support at the $440 Levels and move back down below the 410-420 Price Levels
Regardless, we will be playing options to create a new positioning moving forward.
Rectangle/Stop The WarNeutral until broken.
When will the American people wake up?
Stop the War we are funding! A lot of folks are getting rich with every dollar we send, and it is not the tax payor!
I am not sure how many dollars are pocketed by corruption and oligarchs with each Billion we supposedly send to Ukraine.
Ukraine is not a democracy. Put you hands over your ears when the lies are spread per media.
No recommendation.
US defense contractors see longer term benefits from war in Ukraine!!!!
When O'Bama was in office, the Russians took Croatia. It is merely fate that now they are supposedly taking Ukraine.
Our country says Ukraine is winning. This seems unlikely but folks will believe the media if they hear it over and over and over.
Our mainstream media is used against us. This is only my opinion and everyone has one (o:
Somebody is getting rich off this so-called war, and it is not me.
LMT PullbackI sold off some of my long term LMT holdings last week before EOY to capture some capital gains. LMT was a big winner of 2022 up over 37% and price was stalling at the All Time High.
This morning I received an alert for an opening price spike that created a critical low at 469.35. This is not a spike I would take as a reversal to go long. Rather, I am watching to see if price breaks this low to signal a breakout short.
If the short breakout triggers I would look for a pullback to the 50% Retracement of the last earnings rally around 445.
LMT is 1st must-own investment in 2023Lockheed Martin ( NYSE:LMT ) could be trading at $700 (currently $485ish).
The bull case continues to unfold as Lockheed Martin benefits from (at least) three major tailwinds.
Favorable market and economic developments benefiting value stocks;
Improving global defense spending - that's a long-term benefit;
Lockheed's ability to deliver the right products and improve its business.
Over the past 12 months, all major defense contractors outperformed the S&P 500. Lockheed Martin, which was the second-best performer in the industry.
In this case, it's not just the war in Ukraine but also China's pressure on Taiwan and de-globalization, which causes global defense spending to rise.
The United States is stepping things up. The new omnibus package includes a 10% defense spending increase to $858 billion. This number is much higher than the 4% increase President Biden originally targeted. Defense contractors are now finally able to move on from the Continuing Resolution. These numbers indicate that the defense budget will have grown at 4.3% per year over the past two years - even after inflation. The average was less than 1% between 2015 and 2021. This is a significant shift in spending.
Lockheed Martin's stock price peaked in 2020 when the pandemic hit.
In 2023, sales growth is expected to be just 0.8%, after a 2.7% contraction in 2022. These two years are some of the weakest in recent history. In 2024, sales growth is expected to pick up, with higher growth expected after that. Moreover, the company hiked its dividend by 7%. LMT shares now pay a $3.00 per quarter per share dividend. This translates to a 2.5% dividend yield.
Lockheed's total return of the past 12 months exceeds 40%. In other words, a lot of good news has been priced in.
The company is now trading at 14.6x 2023E EBITDA of roughly $10.0 billion. This is based on its $127.5 billion market cap, $12.6 billion in expected net debt, and $5.7 billion in pension-related liabilities. A forward multiple of 14.6x is everything except cheap. It's a fair valuation given the bigger picture.
Needless to say, I believe that LMT is a must-own investment . The company has a stellar business model, anti-cyclical behavior, subdued volatility, and the ability to outperform the market on a long-term basis while providing steadily rising income through dividends.
Please feel free to express your ideas and thoughts in the comment section.
Possible bullish setup on LMT Making a new idea because put the wrong symbol on the other on lol. Looks like a bull triangle could be forming on LMT, but Dividend payout is tomorrow Dec. 30th. Looking at previous payout dates the stock fluctuated $6-$8. Cautiously bullish until it breaks rising support for this triangle. Let me know what you think.
LMT Lockhead Martin ripping higher- but bewareLog scale monthly
Trend channel from the early 2000's, cloned and stacked on top to form 2nsd channel
strong bullish candle in October, with weak follow in Nov and so far this month of Dec 2022. We're at the top of the channel. Technically is a higher probability short since we have 5 waves up from the low in Jan 2021.
Near-term:
Target would be Fib 13 at $441
Long-term:
Higher target is Fib 21 at $698 Near Mar 2026
Lower Target is Fib 8 at $280
If we see price slowly trend higher over the next few months, we may be starting a new channel
LMT.NYS_Bullish Pullback Trade_LongENTRY: 480.62
SL: 445.54
TP: 494.93
- ADX>25
- Daily RS +ve
- Daily FFI -ve
- Weekly RS +ve
- Weekly FFI +ve
- Moving averages are aligned.
- Breakout on 18 Oct 2022 from downtrend channel.
- Looks ready to test ATH.
Entry based on following:
- Pivot Point: Pullback since 8 Nov 2022 peak to near pivot level (455.31) and reacted well with rebound.
- TPB Daily VZ: Pullback from 11-16 Nov 2022 was within TPB Daily valuezone and breakout of it on 17 Nov 2022.
- Stoch RSI: Crossing up 20.