LMT option chain
Strikes around the forward, as they were quoted at the close
Data as of 22 September 2026 (end of day)
2026-10-02(10 days)ATM 26.38%±22.81skew +0.46
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 3 | 2 | $29.60 | $36.40 | — | $490.00 | — | — | — | — | — |
| 0 | 1 | $25.10 | $32.80 | — | $495.00 | — | — | — | — | — |
| 0 | 1 | $21.00 | $27.50 | — | $500.00 | 26.94% | $1.55 | $2.40 | 52 | 22 |
| 0 | 2 | $17.00 | $23.90 | — | $505.00 | 27.34% | $2.35 | $3.80 | 34 | 11 |
| 1 | 0 | $15.70 | $21.00 | — | $507.50 | — | — | — | — | — |
| — | — | — | — | — | $512.50 | 28.49% | $4.20 | $7.00 | 8 | 12 |
| 2 | 3 | $10.10 | $14.80 | — | $515.00 | 26.25% | $4.60 | $7.00 | 36 | 28 |
| 10 | 0 | $9.50 | $13.10 | — | $517.50 | 26.83% | $6.00 | $8.00 | 2 | 5 |
| 21 | 2 | $8.40 | $12.40 | — | $520.00 | 25.75% | $7.10 | $8.40 | 101 | 14 |
| 7 | 0 | $7.10 | $10.90 | 26.41% | $522.50 | — | $8.00 | $10.40 | 9 | 0 |
| 15 | 6 | $6.10 | $9.10 | 25.72% | $525.00 | — | $9.30 | $12.70 | 35 | 10 |
| 3 | 1 | $5.10 | $8.10 | 25.88% | $527.50 | — | $10.40 | $16.20 | 11 | 0 |
| — | — | — | — | — | $530.00 | — | $12.00 | $16.50 | 45 | 9 |
| — | — | — | — | — | $532.50 | — | $13.90 | $18.50 | 2 | 2 |
| 20 | 23 | $3.40 | $5.20 | 26.67% | $535.00 | — | $15.70 | $20.20 | 33 | 0 |
| 34 | 17 | $2.50 | $3.70 | 26.88% | $540.00 | — | $19.30 | $24.20 | 129 | 0 |
| — | — | — | — | — | $542.50 | — | $20.00 | $26.70 | 1 | 0 |
| — | — | — | — | — | $545.00 | — | $22.70 | $28.60 | 296 | 0 |
| — | — | — | — | — | $550.00 | — | $26.50 | $32.90 | 10 | 0 |
| — | — | — | — | — | $555.00 | — | $31.90 | $36.10 | 30 | 0 |
| — | — | — | — | — | $560.00 | — | $35.70 | $42.40 | 6 | 0 |
Forward $522.30. The 25-delta put carries +0.46 volatility points over the 25-delta call.
2026-10-09(17 days)ATM 25.27%±28.53skew -0.55
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 0 | 1 | $31.30 | $37.80 | — | $490.00 | — | — | — | — | — |
| 0 | 1 | $22.80 | $28.40 | — | $500.00 | 26.35% | $2.65 | $4.40 | 25 | 5 |
| — | — | — | — | — | $502.50 | 26.32% | $3.20 | $5.00 | 0 | 4 |
| — | — | — | — | — | $505.00 | 26.16% | $3.70 | $5.70 | 15 | 9 |
| 6 | 0 | $19.00 | $19.90 | — | $510.00 | — | — | — | — | — |
| 2 | 0 | $15.40 | $19.30 | — | $512.50 | 26.87% | $6.70 | $8.10 | 0 | 2 |
| 0 | 12 | $13.70 | $17.80 | — | $515.00 | 26.82% | $7.40 | $9.30 | 15 | 17 |
| 2 | 2 | $13.30 | $15.90 | — | $517.50 | 26.13% | $8.30 | $9.90 | 0 | 1 |
| 3 | 0 | $11.30 | $14.80 | — | $520.00 | 26.40% | $9.30 | $11.40 | 45 | 1 |
| 6 | 0 | $10.80 | $13.50 | — | $522.50 | 26.37% | $10.40 | $12.70 | 0 | 6 |
| 0 | 6 | $8.30 | $11.90 | 24.48% | $525.00 | — | $11.80 | $13.90 | 9 | 0 |
| 22 | 0 | $8.50 | $10.50 | 25.62% | $527.50 | — | — | — | — | — |
| 13 | 12 | $7.60 | $9.80 | 26.14% | $530.00 | — | $14.50 | $19.50 | 10 | 1 |
| 10 | 7 | $5.20 | $7.60 | 25.00% | $535.00 | — | $17.60 | $22.60 | 9 | 0 |
| 2 | 0 | $4.60 | $7.00 | 25.45% | $537.50 | — | — | — | — | — |
| — | — | — | — | — | $540.00 | — | $20.20 | $25.70 | 8 | 0 |
| — | — | — | — | — | $545.00 | — | $24.30 | $30.10 | 3 | 0 |
| 11 | 20 | $2.85 | $3.70 | 26.71% | $550.00 | — | $28.70 | $32.30 | 13 | 2 |
| 15 | 8 | $1.95 | $3.10 | 26.97% | $555.00 | — | $31.90 | $38.00 | 3 | 0 |
| — | — | — | — | — | $560.00 | — | $36.60 | $41.60 | 22 | 0 |
| — | — | — | — | — | $565.00 | — | $40.90 | $47.60 | 4 | 0 |
Forward $523.10. The 25-delta put carries -0.55 volatility points over the 25-delta call.
2026-10-16(24 days)ATM 25.36%±33.97skew -1.55
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 0 | 2 | $34.10 | $39.50 | — | $490.00 | 26.40% | $2.45 | $3.90 | 153 | 26 |
| — | — | — | — | — | $495.00 | 25.90% | $3.40 | $4.60 | 79 | 34 |
| 0 | 63 | $25.00 | $30.00 | — | $500.00 | 25.64% | $4.50 | $5.70 | 148 | 128 |
| — | — | — | — | — | $502.50 | 25.55% | $4.70 | $6.80 | 6 | 4 |
| — | — | — | — | — | $505.00 | 25.75% | $5.60 | $7.60 | 61 | 4 |
| 0 | 24 | $19.80 | $23.60 | — | $510.00 | 24.80% | $7.00 | $8.70 | 278 | 9 |
| — | — | — | — | — | $512.50 | 24.11% | $7.10 | $9.80 | 2 | 0 |
| 1 | 3 | $17.80 | $18.80 | — | $515.00 | 24.95% | $9.10 | $10.70 | 183 | 4 |
| 2 | 0 | $16.00 | $18.80 | — | $517.50 | — | — | — | — | — |
| 62 | 15 | $14.40 | $16.10 | — | $520.00 | 24.91% | $11.30 | $13.00 | 252 | 21 |
| 2 | 0 | $12.00 | $14.80 | 25.38% | $522.50 | — | $12.50 | $14.80 | 0 | 8 |
| 36 | 27 | $10.80 | $13.60 | 25.32% | $525.00 | — | $13.60 | $16.00 | 38 | 9 |
| 9 | 71 | $10.20 | $11.30 | 26.61% | $530.00 | — | $16.30 | $18.30 | 107 | 5 |
| 0 | 10 | $7.40 | $10.60 | 25.09% | $532.50 | — | — | — | — | — |
| 3 | 100 | $7.00 | $9.40 | 25.27% | $535.00 | — | $19.00 | $21.50 | 84 | 1 |
| 1 | 2 | $6.00 | $9.30 | 25.82% | $537.50 | — | — | — | — | — |
| 24 | 130 | $6.60 | $7.70 | 26.38% | $540.00 | — | $23.00 | $26.60 | 153 | 32 |
| 0 | 1 | $5.00 | $7.00 | 25.44% | $542.50 | — | $24.60 | $28.20 | 1 | 0 |
| 9 | 31 | $4.40 | $7.00 | 26.21% | $545.00 | — | $26.40 | $31.20 | 31 | 1 |
| 27 | 328 | $4.40 | $5.50 | 27.19% | $550.00 | — | $30.20 | $35.20 | 30 | 1 |
| 80 | 527 | $3.20 | $4.40 | 26.78% | $555.00 | — | $34.00 | $38.70 | 26 | 1 |
Forward $522.25. The 25-delta put carries -1.55 volatility points over the 25-delta call.
2026-10-23(31 days)ATM 30.54%±46.53skew +0.75
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| — | — | — | — | — | $465.00 | 31.27% | $1.95 | $2.25 | 9 | 26 |
| — | — | — | — | — | $470.00 | 31.63% | $2.40 | $3.20 | 16 | 9 |
| — | — | — | — | — | $475.00 | 31.84% | $2.90 | $4.30 | 1 | 1,866 |
| 6 | 0 | $44.10 | $50.70 | — | $480.00 | 31.50% | $3.60 | $5.10 | 2 | 106 |
| — | — | — | — | — | $485.00 | 30.37% | $4.40 | $5.40 | 105 | 54 |
| — | — | — | — | — | $490.00 | 31.28% | $5.40 | $7.50 | 21 | 7 |
| — | — | — | — | — | $500.00 | 30.44% | $7.90 | $9.90 | 26 | 20 |
| — | — | — | — | — | $505.00 | 30.86% | $9.40 | $12.30 | 2 | 3 |
| 2 | 3 | $23.20 | $27.60 | — | $510.00 | 30.63% | $10.30 | $15.00 | 11 | 4 |
| 0 | 1 | $19.30 | $24.60 | — | $515.00 | 30.82% | $13.20 | $16.60 | 15 | 4 |
| 20 | 0 | $17.80 | $22.00 | — | $520.00 | 30.98% | $15.00 | $19.70 | 16 | 6 |
| 28 | 3 | $15.40 | $19.50 | 30.53% | $525.00 | — | $17.50 | $21.80 | 26 | 1 |
| 0 | 9 | $12.60 | $17.50 | 30.21% | $530.00 | — | $20.80 | $22.90 | 30 | 69 |
| 0 | 3 | $11.00 | $16.20 | 31.13% | $535.00 | — | $23.30 | $28.30 | 62 | 0 |
| 0 | 3 | $10.40 | $14.00 | 31.83% | $540.00 | — | $26.50 | $31.50 | 17 | 0 |
| 0 | 6 | $7.40 | $11.70 | 30.01% | $545.00 | — | $29.20 | $35.00 | 2 | 0 |
| 3 | 7 | $6.70 | $10.60 | 30.98% | $550.00 | — | $33.00 | $39.00 | 2 | 0 |
| 1 | 1 | $5.60 | $8.70 | 30.53% | $555.00 | — | $37.00 | $42.70 | 2 | 0 |
| — | — | — | — | — | $560.00 | — | $41.10 | $46.60 | 3 | 0 |
| 4 | 20 | $3.70 | $5.50 | 31.40% | $570.00 | — | $48.50 | $54.90 | 1 | 0 |
| — | — | — | — | — | $580.00 | — | $56.40 | $63.70 | 1 | 0 |
Forward $522.79. The 25-delta put carries +0.75 volatility points over the 25-delta call.
2026-10-30(38 days)ATM 30.55%±51.53skew -0.64
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 0 | 4 | $81.50 | $88.20 | — | $440.00 | — | — | — | — | — |
| — | — | — | — | — | $475.00 | 30.95% | $3.60 | $5.30 | 8 | 10 |
| — | — | — | — | — | $490.00 | 30.89% | $6.70 | $8.90 | 9 | 0 |
| — | — | — | — | — | $495.00 | 30.62% | $8.00 | $10.20 | 27 | 6 |
| 0 | 2 | $31.00 | $36.30 | — | $500.00 | 30.16% | $9.40 | $11.50 | 12 | 12 |
| — | — | — | — | — | $505.00 | 31.38% | $10.80 | $15.20 | 6 | 1 |
| — | — | — | — | — | $510.00 | 30.19% | $12.70 | $15.80 | 2 | 0 |
| 2 | 0 | $21.80 | $26.40 | — | $515.00 | 30.37% | $14.90 | $18.20 | 0 | 5 |
| 0 | 3 | $19.90 | $24.60 | — | $520.00 | 31.45% | $17.10 | $22.20 | 7 | 3 |
| 1 | 10 | $16.90 | $22.00 | 30.58% | $525.00 | — | $19.60 | $23.70 | 22 | 0 |
| 0 | 9 | $14.00 | $20.00 | 30.23% | $530.00 | — | $22.20 | $24.30 | 38 | 71 |
| 9 | 4 | $12.80 | $17.20 | 30.26% | $535.00 | — | $24.70 | $29.70 | 65 | 2 |
| 1 | 4 | $11.80 | $15.40 | 30.94% | $540.00 | — | $27.70 | $33.10 | 16 | 3 |
| — | — | — | — | — | $545.00 | — | $31.10 | $37.20 | 3 | 1 |
| 2 | 1 | $9.30 | $11.10 | 30.60% | $550.00 | — | $34.30 | $40.30 | 0 | 2 |
| — | — | — | — | — | $555.00 | — | $38.00 | $44.20 | 5 | 0 |
| 2 | 7 | $6.30 | $10.00 | 31.53% | $560.00 | — | — | — | — | — |
| — | — | — | — | — | $565.00 | — | $46.00 | $51.50 | 1 | 0 |
| — | — | — | — | — | $570.00 | — | $49.30 | $55.60 | 2 | 0 |
| — | — | — | — | — | $580.00 | — | $57.70 | $64.20 | 1 | 0 |
| 3 | 3 | $3.10 | $4.50 | 31.52% | $585.00 | — | — | — | — | — |
Forward $522.79. The 25-delta put carries -0.64 volatility points over the 25-delta call.
2026-11-20(59 days)ATM 30.31%±63.96skew -0.14
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 1 | 0 | $53.40 | $59.80 | — | $475.00 | 30.08% | $6.00 | $7.80 | 32 | 6 |
| 0 | 1 | $49.80 | $55.80 | — | $480.00 | 29.97% | $7.40 | $8.60 | 72 | 57 |
| 2 | 1 | $46.00 | $51.00 | — | $485.00 | 29.65% | $7.00 | $11.20 | 18 | 2 |
| 0 | 11 | $42.30 | $47.90 | — | $490.00 | 29.68% | $9.30 | $11.80 | 115 | 24 |
| 0 | 5 | $39.60 | $43.90 | — | $495.00 | 29.78% | $11.50 | $12.90 | 53 | 4 |
| 2 | 58 | $36.00 | $41.00 | — | $500.00 | 29.46% | $13.20 | $14.20 | 287 | 22 |
| 0 | 55 | $32.00 | $38.00 | — | $505.00 | 29.55% | $14.90 | $16.40 | 94 | 5 |
| 0 | 23 | $29.10 | $35.00 | — | $510.00 | 29.99% | $16.80 | $19.30 | 113 | 6 |
| 2 | 175 | $26.20 | $31.50 | — | $515.00 | 30.28% | $18.30 | $22.70 | 34 | 12 |
| 9 | 66 | $26.80 | $28.60 | — | $520.00 | 30.06% | $21.30 | $24.10 | 49 | 54 |
| 18 | 37 | $24.30 | $26.60 | 30.57% | $525.00 | — | $24.40 | $26.90 | 29 | 10 |
| 8 | 120 | $22.10 | $23.70 | 30.24% | $530.00 | — | $26.90 | $30.40 | 39 | 5 |
| 8 | 78 | $19.90 | $21.50 | 30.16% | $535.00 | — | $28.50 | $32.40 | 59 | 0 |
| 13 | 127 | $17.50 | $19.30 | 29.77% | $540.00 | — | $31.30 | $37.00 | 146 | 0 |
| 18 | 35 | $13.70 | $18.10 | 28.93% | $545.00 | — | $34.50 | $40.40 | 46 | 0 |
| 2 | 80 | $13.10 | $15.50 | 29.03% | $550.00 | — | $37.30 | $42.80 | 43 | 0 |
| 0 | 36 | $11.00 | $14.70 | 29.14% | $555.00 | — | $40.80 | $47.00 | 28 | 0 |
| 9 | 281 | $10.50 | $12.70 | 29.34% | $560.00 | — | $44.30 | $50.20 | 31 | 0 |
| 0 | 60 | $8.90 | $11.30 | 29.04% | $565.00 | — | $48.70 | $54.30 | 26 | 0 |
| 3 | 52 | $8.20 | $10.10 | 29.35% | $570.00 | — | $51.90 | $58.10 | 38 | 0 |
| 0 | 60 | $6.80 | $10.00 | 29.82% | $575.00 | — | $55.80 | $61.90 | 10 | 0 |
Forward $524.80. The 25-delta put carries -0.14 volatility points over the 25-delta call.
2026-12-18(87 days)ATM 29.37%±75.05skew +1.03
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 0 | 100 | $68.00 | $74.80 | — | $460.00 | 28.92% | $6.30 | $7.10 | 105 | 0 |
| 0 | 198 | $60.00 | $65.70 | — | $470.00 | 29.20% | $8.30 | $9.90 | 313 | 38 |
| 0 | 225 | $52.20 | $58.50 | — | $480.00 | 29.16% | $10.80 | $12.70 | 146 | 13 |
| 0 | 24 | $45.00 | $51.30 | — | $490.00 | 28.43% | $13.90 | $14.70 | 87 | 6 |
| 21 | 193 | $40.00 | $44.20 | — | $500.00 | 28.95% | $17.30 | $19.60 | 168 | 129 |
| 2 | 92 | $34.10 | $37.90 | — | $510.00 | 29.07% | $21.20 | $24.40 | 74 | 3 |
| 1 | 20 | $30.60 | $35.20 | — | $515.00 | 29.00% | $23.40 | $26.70 | 25 | 2 |
| 26 | 128 | $30.10 | $32.50 | — | $520.00 | 28.94% | $25.80 | $29.10 | 338 | 1 |
| 0 | 26 | $27.70 | $30.00 | 29.35% | $525.00 | — | $28.40 | $32.50 | 22 | 0 |
| 14 | 109 | $25.50 | $27.80 | 29.37% | $530.00 | — | $31.50 | $32.80 | 122 | 4 |
| 1 | 47 | $23.60 | $25.10 | 29.17% | $535.00 | — | $32.90 | $38.30 | 24 | 0 |
| 19 | 51 | $19.20 | $23.50 | 28.14% | $540.00 | — | $35.80 | $40.70 | 109 | 2 |
| 0 | 35 | $16.90 | $21.10 | 27.62% | $545.00 | — | $39.00 | $45.00 | 8 | 0 |
| 78 | 269 | $18.00 | $19.00 | 28.86% | $550.00 | — | $42.20 | $46.80 | 265 | 4 |
| 1 | 24 | $14.50 | $17.80 | 28.08% | $555.00 | — | $45.60 | $51.20 | 31 | 1 |
| 0 | 87 | $13.40 | $16.30 | 28.27% | $560.00 | — | $49.00 | $54.00 | 221 | 1 |
| 7 | 50 | $12.00 | $14.90 | 28.24% | $565.00 | — | $52.80 | $57.90 | 17 | 1 |
| 1 | 262 | $10.40 | $14.70 | 28.66% | $570.00 | — | $56.20 | $61.90 | 168 | 0 |
| 44 | 34 | $8.80 | $12.00 | 27.50% | $575.00 | — | $60.00 | $65.40 | 18 | 0 |
| 3 | 196 | $8.40 | $11.30 | 28.13% | $580.00 | — | $63.90 | $70.00 | 361 | 0 |
| 0 | 25 | $7.40 | $10.30 | 28.11% | $585.00 | — | $68.10 | $73.90 | 10 | 0 |
Forward $523.38. The 25-delta put carries +1.03 volatility points over the 25-delta call.
2027-01-15(115 days)ATM 28.27%±83.27skew +0.40
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 0 | 108 | $106.40 | $111.30 | — | $420.00 | 29.82% | $2.60 | $4.00 | 237 | 0 |
| 0 | 197 | $96.80 | $102.30 | — | $430.00 | — | — | — | — | — |
| 0 | 33 | $88.10 | $93.10 | — | $440.00 | 28.45% | $4.00 | $6.30 | 187 | 0 |
| 1 | 101 | $79.80 | $84.80 | — | $450.00 | 28.70% | $6.30 | $7.70 | 315 | 12 |
| 0 | 132 | $70.40 | $76.80 | — | $460.00 | 28.73% | $8.50 | $9.70 | 359 | 0 |
| 0 | 118 | $64.20 | $69.20 | — | $470.00 | 28.34% | $10.70 | $11.80 | 315 | 3 |
| 0 | 144 | $57.50 | $61.50 | — | $480.00 | 28.51% | $13.30 | $15.30 | 313 | 5 |
| 0 | 121 | $48.70 | $54.70 | — | $490.00 | 28.51% | $16.50 | $18.80 | 279 | 0 |
| 5 | 1,009 | $44.20 | $48.40 | — | $500.00 | 27.97% | $20.20 | $21.60 | 567 | 16 |
| 5 | 154 | $38.80 | $42.10 | — | $510.00 | 28.26% | $24.20 | $26.80 | 654 | 11 |
| 110 | 217 | $33.70 | $36.10 | — | $520.00 | 27.79% | $29.00 | $30.50 | 202 | 3 |
| 13 | 310 | $29.30 | $31.50 | 28.27% | $530.00 | — | $33.20 | $37.90 | 521 | 1 |
| 16 | 265 | $25.00 | $27.50 | 28.27% | $540.00 | — | $39.80 | $42.30 | 151 | 0 |
| 60 | 385 | $21.60 | $22.90 | 28.01% | $550.00 | — | $45.40 | $47.50 | 1,530 | 3 |
| 3 | 122 | $16.40 | $19.50 | 27.07% | $560.00 | — | $51.60 | $56.20 | 142 | 0 |
| 12 | 151 | $15.10 | $16.90 | 27.92% | $570.00 | — | $58.40 | $64.30 | 110 | 0 |
| 0 | 247 | $13.10 | $14.40 | 28.18% | $580.00 | — | $65.80 | $71.60 | 124 | 3 |
| 4 | 200 | $10.90 | $12.10 | 28.12% | $590.00 | — | $73.80 | $80.00 | 113 | 0 |
| 10 | 779 | $9.30 | $9.90 | 28.10% | $600.00 | — | $81.80 | $85.30 | 121 | 0 |
| 2 | 168 | $7.70 | $8.80 | 28.43% | $610.00 | — | $90.20 | $96.70 | 46 | 0 |
| 7 | 267 | $6.50 | $7.00 | 28.29% | $620.00 | — | $99.20 | $105.80 | 57 | 0 |
Forward $524.78. The 25-delta put carries +0.40 volatility points over the 25-delta call.
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.