I closed $Lockheed Martin(LMT)$ ,A few days ago, I bought LMT mainly to hedge against the Nasdaq's decline by investing in a relatively traditional manufacturing company. I sold it for a small profit.
I closed $LMT VERTICAL 240816 PUT 455.0/PUT 450.0$ ,LMT reported good earnings. Market likes the result. Buyers entered. Price went up. Trade reaches target profits. Close trade and secure profits. I just hope every trade can be like this.
I opened $LMT VERTICAL 240816 PUT 455.0/PUT 450.0$ ,In the daily chart, the stochastic is reversing up from the oversold region. The candlestick seems to be reacting to a support level of $460 and trading above $460 level. Therefore, I have decided to enter this trade, expecting price to stay above $455.
I opened 1 lot(s) $LMT 20240621 425.0 PUT$ ,Sold put option on LMT to earn premiums. Expiry 5 and away and delta of 0.05 only. Safe bet to expire worthless.