By Sell Puts
Lockheed Martin options are active this afternoon. (NYSE: LMT) Traders appear to be targeting the April 90 calls, 13,000 have traded vs. an open interest of 505. It appears the majority of the options were purchased for 20 - 25c.
The underlying volume is light, though the shares are up .63, currently trading 84.16.
Currently we do not see a catalyst for the options volume other than the issue with N. Korea.
52 week Range: 65.21 - 87.18
More here.
