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Defense Stock Slipping on Billion-Dollar Loss
Lockheed MartinLockheed Martin(US:LMT) Schaeffers Investment Researchยท2025-07-22 14:42

Core Insights - Lockheed Martin Corp (NYSE:LMT) experienced a significant decline of 8.4%, trading at $422, following a $1.6 billion loss related to classified programs, which severely impacted second-quarter profits [1] - The company has reduced its profit outlook for 2025 by 25% [1] Stock Performance - The $420 level has been a support point during the recent pullback, similar to previous months in April and February [2] - Since the beginning of 2025, LMT has decreased by 12%, with long-term pressure from the 160-day moving average limiting gains since November [2] Options Activity - Options trading has seen heightened activity, with 14,000 calls and 10,000 puts exchanged, which is six times the typical volume for this time of day [3] - The most popular option is the weekly 7/25 440-strike call, with new positions being opened [3] - Call traders have been more active than usual, as indicated by a 50-day call/put volume ratio of 4.75, ranking higher than 94% of readings from the past year [4]