Lockheed Martin Corp
Lockheed Martin Corp (LMT) Covered Calls
As of September 25, 2026, LMT has 408 covered call opportunities in the coming three months. Return ranges from 0.6 to 87.9% until expiration. Annualized return ranges from 8.6 to 1,488.0%. The nearest expiration is September 25, 2026. Maximum potential profit is $46,020.
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Running LMT covered calls helps you generate consistent income from Lockheed Martin Corp's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Lockheed Martin Corp involves holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike price. Use our scanner to find the best LMT covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.
A covered call is one of the most widely used options strategies because it pairs limited risk with a clear income profile: if LMT stays below the strike at expiration, you keep the premium and the shares; if it rises above, you deliver the stock at the strike and still pocket the premium. Selling LMT covered calls works best when implied volatility is elevated, since richer premiums improve the risk-reward. Key inputs to evaluate include strike selection relative to delta, days to expiration, annualized return, and the probability of assignment — all of which determine whether a given Lockheed Martin Corp covered call is worth writing.
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions.
The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive missile systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground-based systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.
Income-focused investors, long-term LMT holders, and systematic premium sellers all face the same challenge: finding the covered call strike and expiry that balances yield against the risk of being called away. Our scanner ranks covered calls by annualized return, downside protection, and probability of profit, so selling LMT covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Lockheed Martin Corp covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryAerospace & Defense
- SectorIndustrials
- IV percentile62.70% Neutral
- Market cap (M$)119,910
- 52 weeks high-24.92%
- 52 weeks low18.82%
- Analyst recommendationBuy
2.35 - Target price$638.70
22.93% above the current stock price - Dividend—
- Payout ratio62.13%
- Earnings date2026-10-20
- P/E19.15
- Future P/E15.89
- EPS (ttm)27.13
- EPS growth next 5 years18.02%
As of September 25, 2026
| 2026-09-25 | 1 | 545.00 | 4.07 | 0.05 | 0.55 | 2135.00 | 4.08 | 1488.02 | -0.01 | +0.06 | 100 | 0.50 |
| 2026-09-25 | 1 | 540.00 | 3.11 | 0.05 | 0.55 | 1635.00 | 3.12 | 1139.54 | -0.01 | +0.07 | 275 | 0.50 |
| 2026-09-25 | 1 | 535.00 | 2.16 | 0.10 | 1.45 | 1140.00 | 2.18 | 794.54 | -0.02 | +0.15 | 202 | 1.35 |
| 2026-09-25 | 1 | 530.00 | 1.20 | 0.05 | 2.45 | 635.00 | 1.21 | 442.57 | -0.01 | +0.24 | 88 | 2.40 |
| 2026-10-02 | 8 | 570.00 | 8.84 | 0.15 | 0.75 | 4645.00 | 8.87 | 404.67 | -0.03 | +0.04 | 66 | 0.60 |
| 2026-09-25 | 1 | 527.50 | 0.73 | 1.50 | 7.60 | 530.00 | 1.01 | 369.39 | -0.29 | +0.41 | 34 | 6.10 |
| 2026-10-16 | 22 | 640.00 | 22.21 | 0.05 | 0.60 | 11635.00 | 22.22 | 368.60 | -0.01 | +0.02 | 2 | 0.55 |
| 2026-10-02 | 8 | 560.00 | 6.93 | 0.40 | 0.95 | 3670.00 | 7.01 | 319.73 | -0.08 | +0.07 | 113 | 0.55 |
| 2026-10-02 | 8 | 557.50 | 6.45 | 0.40 | 1.60 | 3420.00 | 6.53 | 297.95 | -0.08 | +0.09 | 0 | 1.20 |
| 2026-10-02 | 8 | 555.00 | 5.98 | 0.55 | 3.60 | 3185.00 | 6.08 | 277.48 | -0.11 | +0.15 | 36 | 3.05 |
As of September 25, 2026
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