Lockheed Martin (LMT) Protective Put Calculator

Calculator · free · no signup · LMT

Price a protective put, zero-cost collar, or put spread on Lockheed Martin. Annual cost, max loss, upside cap, tax treatment, auto-filled from current LMT option chain.

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About Lockheed Martin

Lockheed Martin (LMT) is a public Aerospace/Defense company, incorporated in Maryland and headquartered in Bethesda, MD.

Equity grants at Lockheed Martin typically include restricted stock units (RSUs).

The Lockheed Martin Corporation is an American defense and aerospace manufacturer. It is headquartered in North Bethesda, Maryland, United States. The company was formed by the merger of the Lockheed Corporation with Martin Marietta on March 15, 1995.

Source: Wikipedia (CC BY-SA 4.0)

Lockheed and Martin Marietta merged in 1995, combining a company whose Skunk Works built the U-2 and SR-71 with a missiles and space business. The F-35 program is the largest single line, a multi-decade international effort that shapes both revenue and political attention. Other segments cover rotary aircraft through Sikorsky, missiles and fire control including HIMARS and PAC-3, and space systems. Nearly all revenue comes from governments, mostly the US Department of Defense, which makes budget cycles and program milestones the operating variables. Headquarters are in Bethesda, Maryland.

Sources: lockheedmartin.com · en.wikipedia.org

Equity comp at Lockheed Martin

  • RSUs use single-trigger vesting: shares become yours as each portion vests on schedule, and the value is taxed as ordinary income at that point. No IPO or acquisition is required.

Researched 2026-08-17.

OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Lockheed Martin.

A protective put caps your downside on the LMT position at a chosen floor; a zero-cost collar pays for that floor by capping the upside. This calculator prices both structures off the current LMT option chain, with annual cost, max loss, and tax-treatment notes.

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Lockheed Martin equity questions

How much does it cost to hedge LMT stock?
The cost of a protective put depends on how far below the current price you set the floor, how long the protection lasts, and LMT's option-implied volatility. A zero-cost collar lowers that cost by selling away some upside. The calculator above prices both structures off the current LMT option chain and shows the annual cost, maximum loss, and tax treatment.
Does Lockheed Martin grant ISOs, NSOs, or RSUs?
Equity compensation at Lockheed Martin typically takes the form of restricted stock units (RSUs). Restricted stock units are taxed as ordinary income when they vest.
Do Lockheed Martin RSUs use double-trigger vesting?
No. Lockheed Martin restricted stock units (RSUs) use single-trigger vesting: each tranche becomes yours as it vests on schedule, taxed as ordinary income at that point, with no liquidity event required.
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