LMT option chain
Strikes around the forward, as they were quoted at the close
Data as of 9 November 2026 (end of day)
2026-11-13(4 days)ATM 33.95%±20.94skew +6.36
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 8 | 7 | $22.50 | $28.50 | — | $565.00 | — | — | — | — | — |
| 17 | 11 | $19.10 | $25.30 | — | $567.50 | — | — | — | — | — |
| 44 | 33 | $17.60 | $24.30 | — | $570.00 | — | — | — | — | — |
| 9 | 21 | $15.80 | $22.30 | — | $572.50 | 39.73% | $2.75 | $4.30 | 2 | 7 |
| 27 | 73 | $14.20 | $19.40 | — | $575.00 | 38.02% | $3.40 | $4.30 | 82 | 1 |
| 9 | 1 | $12.30 | $17.70 | — | $577.50 | 38.52% | $4.00 | $5.40 | 29 | 25 |
| 28 | 162 | $11.80 | $16.40 | — | $580.00 | — | — | — | — | — |
| 25 | 1 | $10.90 | $13.20 | — | $582.50 | — | — | — | — | — |
| 14 | 77 | $9.60 | $11.60 | — | $585.00 | 40.46% | $6.00 | $10.00 | 126 | 7 |
| 28 | 1 | $8.20 | $11.60 | — | $587.50 | 36.97% | $8.00 | $8.60 | 4 | 11 |
| 80 | 111 | $7.20 | $8.50 | 33.69% | $590.00 | — | — | — | — | — |
| 4 | 6 | $5.80 | $7.70 | 33.81% | $592.50 | — | $10.00 | $14.20 | 20 | 0 |
| 53 | 27 | $5.00 | $6.00 | 32.81% | $595.00 | — | $11.10 | $16.80 | 40 | 20 |
| 1 | 2 | $3.80 | $5.80 | 33.65% | $597.50 | — | $12.20 | $17.60 | 24 | 0 |
| 237 | 97 | $3.10 | $4.80 | 33.37% | $600.00 | — | $14.70 | $19.40 | 104 | 1 |
| — | — | — | — | — | $602.50 | — | $16.00 | $21.80 | 7 | 0 |
| — | — | — | — | — | $605.00 | — | $17.80 | $23.40 | 69 | 21 |
| — | — | — | — | — | $607.50 | — | $19.30 | $25.60 | 27 | 0 |
| — | — | — | — | — | $610.00 | — | $20.40 | $27.00 | 119 | 20 |
| — | — | — | — | — | $612.50 | — | $23.20 | $29.80 | 57 | 0 |
| — | — | — | — | — | $615.00 | — | $25.00 | $31.70 | 83 | 0 |
Forward $589.10. The 25-delta put carries +6.36 volatility points over the 25-delta call.
2026-11-20(11 days)ATM 31.88%±32.54skew +2.11
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 3 | 138 | $33.30 | $38.50 | — | $555.00 | 34.42% | $2.35 | $3.70 | 31 | 1 |
| 1 | 2 | $30.50 | $36.80 | — | $557.50 | 34.66% | $2.80 | $4.30 | 53 | 4 |
| 1 | 317 | $28.50 | $34.40 | — | $560.00 | 33.54% | $3.30 | $4.20 | 26 | 15 |
| — | — | — | — | — | $562.50 | 33.54% | $3.80 | $4.80 | 32 | 2 |
| 1 | 73 | $25.00 | $30.10 | — | $565.00 | 33.04% | $4.20 | $5.30 | 182 | 15 |
| 0 | 1 | $22.40 | $29.10 | — | $567.50 | 33.61% | $4.70 | $6.50 | 12 | 0 |
| 0 | 313 | $21.70 | $27.00 | — | $570.00 | 32.93% | $5.40 | $6.80 | 356 | 42 |
| 10 | — | $19.60 | $23.90 | — | $572.50 | 32.12% | $5.80 | $7.40 | — | 0 |
| 1 | 119 | $17.80 | $22.60 | — | $575.00 | 31.85% | $6.70 | $8.00 | 70 | 6 |
| 4 | — | $15.60 | $21.50 | — | $577.50 | 31.54% | $7.50 | $8.80 | — | 0 |
| 15 | 112 | $17.10 | $19.80 | — | $580.00 | 31.44% | $8.60 | $9.60 | 55 | 8 |
| 5 | — | $13.70 | $17.30 | — | $582.50 | 30.89% | $9.30 | $10.60 | — | 0 |
| 2 | 166 | $14.40 | $15.70 | — | $585.00 | 32.77% | $10.50 | $13.20 | 167 | 2 |
| 0 | — | $11.00 | $14.30 | — | $587.50 | 30.50% | $11.20 | $13.10 | — | 2 |
| 46 | 125 | $11.80 | $13.00 | 32.83% | $590.00 | — | $12.50 | $15.70 | 249 | 1 |
| 26 | 61 | $9.40 | $10.70 | 32.40% | $595.00 | — | $13.60 | $16.90 | 237 | 0 |
| 43 | 877 | $7.50 | $8.60 | 32.09% | $600.00 | — | $17.40 | $23.40 | 291 | 2 |
| 3 | 112 | $4.60 | $7.20 | 30.57% | $605.00 | — | $20.90 | $26.90 | 96 | 1 |
| 21 | 225 | $4.30 | $5.50 | 31.50% | $610.00 | — | $24.30 | $29.60 | 43 | 4 |
| — | — | — | — | — | $615.00 | — | $28.00 | $34.20 | 10 | 0 |
| 27 | 248 | $2.50 | $3.00 | 30.87% | $620.00 | — | $31.40 | $38.00 | 18 | 0 |
Forward $588.00. The 25-delta put carries +2.11 volatility points over the 25-delta call.
2026-11-27(18 days)ATM 28.96%±37.98skew +2.99
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 0 | — | $33.00 | $39.30 | — | $557.50 | — | — | — | — | — |
| 0 | 16 | $31.00 | $36.60 | — | $560.00 | 30.47% | $3.60 | $6.00 | 10 | 45 |
| 0 | — | $29.10 | $35.40 | — | $562.50 | — | — | — | — | — |
| 1 | 2 | $27.10 | $33.60 | — | $565.00 | — | — | — | — | — |
| 0 | — | $25.30 | $31.80 | — | $567.50 | — | — | — | — | — |
| 0 | 6 | $23.50 | $29.30 | — | $570.00 | — | — | — | — | — |
| 0 | — | $22.00 | $28.30 | — | $572.50 | 30.06% | $6.20 | $10.00 | — | 0 |
| 0 | 5 | $20.10 | $26.00 | — | $575.00 | — | — | — | — | — |
| 0 | — | $18.40 | $24.70 | — | $577.50 | — | — | — | — | — |
| 0 | 41 | $16.50 | $21.30 | — | $580.00 | — | — | — | — | — |
| 0 | — | $15.30 | $21.50 | — | $582.50 | 32.68% | $10.20 | $16.30 | — | 0 |
| 7 | 14 | $16.70 | $20.10 | — | $585.00 | 32.44% | $11.20 | $17.30 | 29 | 2 |
| 0 | — | $12.40 | $18.40 | — | $587.50 | 31.22% | $11.10 | $18.50 | — | 0 |
| 5 | 33 | $13.90 | $18.10 | — | $590.00 | 30.18% | $14.10 | $16.90 | 8 | 2 |
| 15 | 31 | $10.70 | $13.40 | 27.06% | $595.00 | — | $15.50 | $21.90 | 23 | 2 |
| 16 | 39 | $9.60 | $11.90 | 28.54% | $600.00 | — | $18.80 | $25.00 | 54 | 8 |
| 1 | 85 | $7.70 | $11.90 | 30.29% | $605.00 | — | $21.40 | $28.10 | 48 | 0 |
| 3 | 8 | $6.20 | $7.30 | 27.22% | $610.00 | — | $25.00 | $31.50 | 18 | 0 |
| 2 | 49 | $5.00 | $6.10 | 27.48% | $615.00 | — | $28.70 | $35.10 | 6 | 0 |
| — | — | — | — | — | $620.00 | — | $32.70 | $39.20 | 2 | 0 |
| — | — | — | — | — | $625.00 | — | $36.90 | $43.20 | 32 | 1 |
Forward $590.50. The 25-delta put carries +2.99 volatility points over the 25-delta call.
2026-12-04(25 days)ATM 29.68%±45.54skew +0.79
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 0 | 1 | $48.40 | $55.00 | — | $540.00 | — | — | — | — | — |
| 0 | 1 | $40.00 | $46.20 | — | $550.00 | 30.26% | $4.50 | $6.20 | 25 | 2 |
| — | — | — | — | — | $555.00 | 30.16% | $5.60 | $7.40 | 3 | 0 |
| 0 | 2 | $28.00 | $36.00 | — | $565.00 | — | — | — | — | — |
| 0 | 2 | $24.90 | $31.00 | — | $570.00 | — | — | — | — | — |
| — | — | — | — | — | $580.00 | 30.32% | $13.10 | $17.90 | 5 | 0 |
| 2 | 1 | $17.40 | $20.70 | — | $585.00 | 30.30% | $14.30 | $21.50 | 13 | 0 |
| 1 | 6 | $14.90 | $17.30 | 29.33% | $590.00 | — | $18.90 | $21.10 | 4 | 0 |
| 4 | 5 | $13.70 | $15.00 | 29.97% | $595.00 | — | $19.20 | $26.90 | 4 | 0 |
| 1 | 4 | $11.50 | $12.80 | 29.53% | $600.00 | — | $24.00 | $28.00 | 11 | 0 |
| — | — | — | — | — | $605.00 | — | $26.30 | $32.50 | 1 | 11 |
| 5 | 75 | $8.00 | $9.10 | 28.91% | $610.00 | — | $30.60 | $36.00 | 7 | 0 |
| 0 | 90 | $6.60 | $8.30 | 29.37% | $615.00 | — | $33.60 | $39.20 | 2 | 0 |
| — | — | — | — | — | $620.00 | — | $36.60 | $44.00 | 1 | 0 |
| — | — | — | — | — | $625.00 | — | $41.50 | $47.60 | 3 | 0 |
| 24 | 5 | $3.30 | $5.00 | 28.86% | $630.00 | — | $45.10 | $52.00 | 1 | 0 |
| — | — | — | — | — | $635.00 | — | $49.70 | $56.50 | 2 | 0 |
| — | — | — | — | — | $640.00 | — | $53.90 | $60.90 | 1 | 0 |
| — | — | — | — | — | $645.00 | — | $58.40 | $65.40 | 1 | 0 |
| — | — | — | — | — | $650.00 | — | $61.30 | $70.20 | 1 | 0 |
| — | — | — | — | — | $660.00 | — | $72.40 | $79.50 | 1 | 0 |
Forward $586.15. The 25-delta put carries +0.79 volatility points over the 25-delta call.
2026-12-18(39 days)ATM 30.89%±59.26skew +2.66
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 0 | 52 | $55.10 | $61.00 | — | $535.00 | 31.95% | $5.70 | $6.30 | 92 | 3 |
| 0 | 62 | $50.40 | $56.50 | — | $540.00 | 31.72% | $6.60 | $7.30 | 192 | 13 |
| 1 | 51 | $46.50 | $53.00 | — | $545.00 | 33.72% | $7.40 | $11.20 | 10 | 2 |
| 0 | 417 | $42.70 | $48.40 | — | $550.00 | 31.67% | $8.80 | $10.10 | 367 | 39 |
| 6 | 55 | $39.60 | $45.00 | — | $555.00 | 34.02% | $9.90 | $15.00 | 35 | 0 |
| 11 | 129 | $38.50 | $41.00 | — | $560.00 | 33.05% | $11.30 | $15.70 | 275 | 3 |
| 4 | 80 | $32.90 | $37.00 | — | $565.00 | 31.08% | $13.30 | $14.60 | 33 | 0 |
| 5 | 313 | $29.60 | $35.20 | — | $570.00 | 30.88% | $15.10 | $16.40 | 191 | 3 |
| 16 | 250 | $27.30 | $31.50 | — | $575.00 | 32.43% | $16.30 | $21.70 | 52 | 1 |
| 8 | 216 | $25.00 | $28.70 | — | $580.00 | 31.51% | $18.60 | $22.60 | 375 | 14 |
| 6 | 39 | $23.80 | $25.80 | — | $585.00 | 31.38% | $20.70 | $25.20 | 20 | 1 |
| 6 | 100 | $21.20 | $22.90 | 30.88% | $590.00 | — | $23.30 | $26.70 | 121 | 10 |
| 14 | 49 | $17.40 | $21.40 | 30.29% | $595.00 | — | $25.70 | $30.00 | 64 | 9 |
| 45 | 583 | $16.50 | $18.00 | 30.13% | $600.00 | — | $28.70 | $34.20 | 131 | 0 |
| 0 | 25 | $11.80 | $16.30 | 28.32% | $605.00 | — | $31.10 | $37.40 | 56 | 0 |
| 2 | 153 | $11.40 | $14.50 | 29.14% | $610.00 | — | $34.00 | $40.60 | 23 | 0 |
| 4 | 63 | $11.10 | $12.70 | 29.85% | $615.00 | — | $38.10 | $43.20 | 32 | 0 |
| 33 | 171 | $9.80 | $10.60 | 29.42% | $620.00 | — | $40.80 | $47.40 | 92 | 2 |
| 1 | 81 | $8.40 | $9.30 | 29.29% | $625.00 | — | $44.40 | $50.30 | 38 | 1 |
| 29 | 132 | $6.90 | $8.20 | 29.01% | $630.00 | — | $48.60 | $54.10 | 107 | 0 |
| 2 | 72 | $6.00 | $7.40 | 29.28% | $635.00 | — | $53.20 | $58.70 | 30 | 0 |
Forward $586.86. The 25-delta put carries +2.66 volatility points over the 25-delta call.
2027-01-15(67 days)ATM 29.87%±75.16skew +1.64
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 0 | 142 | $108.30 | $114.10 | — | $480.00 | — | — | — | — | — |
| 0 | 118 | $98.20 | $104.80 | — | $490.00 | 33.50% | $2.95 | $4.60 | 249 | 35 |
| 5 | 997 | $89.10 | $96.10 | — | $500.00 | 32.49% | $4.10 | $5.10 | 621 | 0 |
| 0 | 150 | $80.80 | $86.80 | — | $510.00 | 32.41% | $5.60 | $6.60 | 651 | 2 |
| 2 | 257 | $72.20 | $78.60 | — | $520.00 | 31.31% | $7.00 | $7.60 | 200 | 70 |
| 0 | 304 | $65.80 | $71.60 | — | $530.00 | 31.10% | $9.10 | $9.60 | 493 | 194 |
| 1 | 260 | $58.50 | $62.30 | — | $540.00 | 30.62% | $11.30 | $11.90 | 279 | 23 |
| 0 | 591 | $49.20 | $55.40 | — | $550.00 | 30.09% | $13.70 | $14.70 | 1,565 | 16 |
| 2 | 138 | $45.00 | $49.20 | — | $560.00 | 29.68% | $16.80 | $17.90 | 179 | 0 |
| 3 | 215 | $36.70 | $42.90 | — | $570.00 | 30.18% | $20.50 | $23.20 | 109 | 2 |
| 2 | 243 | $31.50 | $36.30 | — | $580.00 | 29.08% | $24.80 | $25.90 | 133 | 9 |
| 30 | 249 | $26.60 | $30.00 | 29.75% | $590.00 | — | $29.30 | $32.90 | 136 | 2 |
| 27 | 699 | $23.90 | $25.10 | 30.25% | $600.00 | — | $34.30 | $40.00 | 155 | 2 |
| 0 | 238 | $16.90 | $21.40 | 28.66% | $610.00 | — | $40.20 | $44.30 | 277 | 0 |
| 16 | 372 | $16.20 | $17.20 | 29.56% | $620.00 | — | $45.60 | $52.00 | 91 | 0 |
| 7 | 163 | $13.20 | $13.90 | 29.24% | $630.00 | — | $53.40 | $59.00 | 176 | 0 |
| 12 | 378 | $10.50 | $11.30 | 28.99% | $640.00 | — | $60.20 | $66.80 | 92 | 2 |
| 4 | 534 | $7.20 | $9.50 | 28.31% | $650.00 | — | $68.90 | $74.00 | 88 | 2 |
| 27 | 229 | $6.50 | $7.20 | 28.57% | $660.00 | — | $77.00 | $82.60 | 81 | 0 |
| 21 | 314 | $3.90 | $4.30 | 28.16% | $680.00 | — | $93.50 | $100.60 | 6 | 0 |
| 146 | 1,508 | $2.25 | $2.75 | 28.22% | $700.00 | — | — | — | — | — |
Forward $587.18. The 25-delta put carries +1.64 volatility points over the 25-delta call.
2027-03-19(130 days)ATM 32.25%±113.38
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 0 | 58 | $77.00 | $84.00 | — | $530.00 | 33.99% | $20.40 | $22.20 | 1,532 | 1,306 |
| 0 | 11 | $73.80 | $80.00 | — | $535.00 | 34.07% | $21.90 | $24.30 | 49 | 0 |
| 2 | 46 | $70.20 | $75.80 | — | $540.00 | 33.95% | $23.50 | $26.00 | 57 | 2 |
| 7 | 33 | $68.00 | $73.00 | — | $545.00 | 32.92% | $23.90 | $26.80 | 132 | 2 |
| 1 | 193 | $64.30 | $69.70 | — | $550.00 | 33.89% | $25.60 | $31.40 | 192 | 0 |
| 0 | 41 | $60.40 | $67.00 | — | $555.00 | 33.82% | $27.70 | $33.20 | 23 | 0 |
| 0 | 53 | $58.10 | $62.70 | — | $560.00 | 33.53% | $29.40 | $35.00 | 29 | 0 |
| 0 | 37 | $54.90 | $60.60 | — | $565.00 | 33.53% | $31.60 | $37.20 | 14 | 0 |
| 0 | 87 | $51.70 | $57.50 | — | $570.00 | 33.38% | $33.60 | $39.40 | 28 | 0 |
| 0 | 34 | $50.50 | $55.10 | — | $575.00 | 33.36% | $35.80 | $41.90 | 51 | 0 |
| 0 | 45 | $47.60 | $51.40 | — | $580.00 | 32.18% | $37.90 | $41.50 | 52 | 0 |
| 0 | 23 | $44.10 | $48.50 | — | $585.00 | 32.99% | $40.30 | $46.40 | 16 | 0 |
| 0 | 80 | $42.00 | $46.30 | 32.28% | $590.00 | — | $42.60 | $47.40 | 34 | 0 |
| 0 | 70 | $38.00 | $44.60 | 31.82% | $595.00 | — | $45.30 | $50.30 | 22 | 1 |
| 13 | 288 | $38.10 | $41.40 | 32.24% | $600.00 | — | $49.10 | $52.00 | 44 | 1 |
| 0 | 42 | $35.10 | $40.70 | 32.39% | $605.00 | — | $50.60 | $56.80 | 16 | 0 |
| 0 | 90 | $31.70 | $37.40 | 31.38% | $610.00 | — | $53.60 | $59.50 | 18 | 0 |
| 0 | 46 | $30.40 | $35.00 | 31.40% | $615.00 | — | $56.50 | $62.40 | 19 | 0 |
| 7 | 162 | $28.90 | $33.10 | 31.48% | $620.00 | — | $60.00 | $64.30 | 54 | 0 |
| 1 | 179 | $24.00 | $29.30 | 30.74% | $630.00 | — | $65.60 | $69.70 | 23 | 0 |
| 0 | 49 | $22.30 | $25.30 | 30.88% | $640.00 | — | $71.80 | $78.20 | 30 | 0 |
Forward $589.14. Not enough surviving quotes on both wings to measure the skew here.
2027-05-21(193 days)ATM 31.64%±136.39
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 0 | 11 | $76.10 | $83.10 | — | $545.00 | 32.15% | $30.80 | $32.60 | 11 | 0 |
| 0 | 45 | $73.00 | $80.00 | — | $550.00 | 32.33% | $32.70 | $35.30 | 41 | 0 |
| 0 | 9 | $71.30 | $76.00 | — | $555.00 | 32.37% | $34.60 | $37.70 | 21 | 0 |
| 0 | 19 | $68.40 | $73.30 | — | $560.00 | 32.26% | $36.60 | $39.70 | 1 | 0 |
| 0 | 17 | $65.10 | $71.00 | — | $565.00 | 32.15% | $39.00 | $41.40 | 6 | 0 |
| 41 | 32 | $62.60 | $67.30 | — | $570.00 | 32.05% | $41.00 | $43.70 | 6 | 0 |
| 0 | 15 | $59.30 | $65.80 | — | $575.00 | 31.94% | $43.30 | $45.80 | 5 | 0 |
| 5 | 24 | $58.30 | $61.90 | — | $580.00 | 32.03% | $45.40 | $48.90 | 12 | 0 |
| 0 | 7 | $54.60 | $59.60 | — | $585.00 | 32.04% | $48.10 | $51.30 | 7 | 0 |
| 0 | 12 | $53.20 | $57.40 | — | $590.00 | 32.10% | $51.00 | $53.80 | 6 | 0 |
| 8 | 57 | $50.90 | $55.20 | 32.21% | $595.00 | — | $53.00 | $57.50 | 5 | 0 |
| 10 | 146 | $50.20 | $53.20 | 32.69% | $600.00 | — | $55.40 | $58.90 | 3 | 0 |
| 2 | 70 | $47.90 | $50.50 | 32.44% | $605.00 | — | $59.10 | $60.40 | 4 | 1 |
| 0 | 31 | $43.00 | $48.20 | 31.50% | $610.00 | — | $61.10 | $65.20 | 2 | 0 |
| 0 | 15 | $43.70 | $46.20 | 32.27% | $615.00 | — | $63.90 | $68.00 | 1 | 0 |
| 0 | 93 | $40.80 | $44.80 | 32.11% | $620.00 | — | $66.60 | $70.30 | 1 | 0 |
| 0 | 6 | $38.60 | $42.40 | 31.82% | $625.00 | — | $69.30 | $73.00 | 11 | 0 |
| 8 | 21 | $37.90 | $41.00 | 32.25% | $630.00 | — | $73.10 | $77.70 | 3 | 0 |
| 0 | 6 | $34.90 | $38.20 | 31.52% | $635.00 | — | $76.10 | $81.30 | 7 | 0 |
| 0 | 22 | $33.60 | $36.80 | 31.69% | $640.00 | — | $79.20 | $85.00 | 16 | 0 |
| 0 | 44 | $32.60 | $34.00 | 31.48% | $645.00 | — | $82.60 | $88.50 | 13 | 0 |
Forward $592.75. Not enough surviving quotes on both wings to measure the skew here.
How to read this
Calls on the left, puts on the right, the strike between them — the layout every chain uses. Each block is one expiration, and the heading carries its days to expiry, the at-the-money implied volatility, and the one-standard-deviation move that volatility implies over that time.
Only the 21 strikes nearest the forward are stored, which is the part of the board that carries the volume. The shaded side is in the money: below the forward for calls, above it for puts.
Implied volatility is shown on the out-of-the-money side only. An in-the-money option is nearly all intrinsic value quoted on a wide market, so a volatility solved from it would look authoritative and mean very little. The price is still shown, because the price is real; the blank is deliberate.