Lockheed Martin's most recent trend suggests a bullish bias. One trading opportunity on Lockheed Martin is a Bull Put Spread using a strike $390.00 short put and a strike $380.00 long put offers a potential 62.6% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $390.00 by expiration. The full premium credit of $3.85 would be kept by the premium seller. The risk of $6.15 would be incurred if the stock dropped below the $380.00 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 68.61 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lockheed Martin
Russia-Ukraine Tensions May Help the Fed Engineer a Soft Landing
Mon, 14 Feb 2022 11:40:00 +0000
A soft landing looked an impossibility for the Fed, with forecasts over the number of rate increases this year only going in one direction. It isn’t out of the question now.
Lockheed Martin Ditches Aerojet Purchase After FTC Opposition
Mon, 14 Feb 2022 10:03:00 +0000
FTC sued to block $4.4bn takeover of Aerojet Rocketdyne in January, claiming it would harm competition
Lockheed Gains on Dropping Aerojet Deal to Avoid Tussle with FTC
Mon, 14 Feb 2022 04:36:42 +0000
By Dhirendra Tripathi
UPDATE 4-Lockheed scraps $4.4 bln deal to buy Aerojet amid regulatory roadblocks
Mon, 14 Feb 2022 00:04:06 +0000
U.S. arms maker Lockheed Martin Corp called off plans on Sunday to acquire rocket engine maker Aerojet Rocketdyne Holdings Inc for $4.4 billion amid opposition from U.S. antitrust enforcers. The Federal Trade Commission sued to block https://reut.rs/3BkwpIX the deal in late-January on the grounds that it would allow Lockheed to use its control of Aerojet to hurt other defense contractors. Missile maker Raytheon Technologies was an outspoken opponent of the proposed acquisition.
Lockheed scraps $4.4 billion deal to buy Aerojet amid regulatory roadblocks
Sun, 13 Feb 2022 23:50:51 +0000
The Federal Trade Commission sued to block the deal in late-January on the grounds that it would allow Lockheed to use its control of Aerojet to hurt other defense contractors. Missile maker Raytheon Technologies was an outspoken opponent of the proposed acquisition. The merger, which was announced in late 2020, drew criticism as it would give Lockheed a dominant position over solid fuel rocket motors — a vital piece of the U.S. missile industry.
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