LHX221021P00220000 Option on L3Harris Technologies


USD 217.81  0.10  0.0459%   

L3Harris Technologies' option chain provides insight into all available option contracts written on L3Harris Technologies' stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of L3Harris Technologies' stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given L3Harris option contract. View S&P 500 options
Purchasing L3Harris Technologies options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" L3Harris calls. Remember, the seller must deliver L3Harris Technologies stock to the call owner when a call is exercised.

In The Money vs. Out of Money Option Contracts on L3Harris Technologies

Analyzing L3Harris Technologies' in-the-money options over time can help investors to take a profitable long position in L3Harris Technologies regardless of its overall volatility. This is especially true when L3Harris Technologies' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money L3Harris Technologies' options could be used as guardians of the underlying stock as they move almost dollar for dollar with L3Harris Technologies' stock while costing only a fraction of its price.
L3Harris Technologies' latest option contracts expiring on 2022-12-16 are carrying combined implied volatility of 29.61 with a put-to-call open interest ratio of 1.07 over 64 outstanding agreements suggesting investors are buying slightly more puts than calls on contracts expiring on 2022-12-16. The current put volume is at 351, with calls trading at the volume of 319. This yields a 1.1 put-to-call volume ratio. The L3Harris Technologies option chain provides detailed quote and price information for the current L3Harris Technologies option contracts. It shows all of L3Harris Technologies' listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-12-16 Option Contracts

L3Harris Technologies option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in L3Harris Technologies' lending market. For example, when L3Harris Technologies' puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on L3Harris Technologies, he or she must hedge the risk by shorting L3Harris Technologies stock over its option's life.
The chart above shows L3Harris Technologies' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. L3Harris Technologies' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for L3Harris Technologies' option, there is no secondary market available for investors to trade.

L3Harris Technologies Maximum Pain Price across 2022-12-16 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as L3Harris Technologies close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
L3Harris Technologies' stock options are financial instruments that give investors the right to buy or sell shares of L3Harris Technologies common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell L3Harris stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If L3Harris Technologies' stock price goes up or down, the stock options follow.
Additionally, see Correlation Analysis.
Please note that buying 'in-the-money' options on L3Harris Technologies lessens the impact of time decay, as they carry both intrinsic and time value. So, even if L3Harris Technologies' value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money L3Harris Technologies contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if L3Harris Stock moves the wrong way.
Net Income Common Stock is likely to rise to about 2 B in 2022

L3Harris Technologies In The Money Call Balance

When L3Harris Technologies' strike price is surpassing the current stock price, the option contract against L3Harris Technologies stock is said to be in the money. When it comes to buying L3Harris Technologies' options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on L3Harris Technologies are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

L3Harris Current Options Market Mood

L3Harris Technologies' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps L3Harris Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of L3Harris Technologies' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. L3Harris Technologies' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current L3Harris Technologies' option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Rule 16 of the current L3Harris contract

Base on the Rule 16, the options market is currently suggesting that L3Harris Technologies will have an average daily up or down price movement of about 1.85% per day over the life of the 2022-12-16 option contract. With L3Harris Technologies trading at USD217.81, that is roughly USD4.03. If you think that the market is fully incorporating L3Harris Technologies' daily price movement you should consider buying L3Harris Technologies options at the current volatility level of 29.61%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

L3Harris Technologies Option Chain

When L3Harris Technologies' strike price is surpassing the current stock price, the option contract against L3Harris Technologies stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
L3Harris Technologies' option chain is a display of a range of information that helps investors for ways to trade options on L3Harris. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for L3Harris. It also shows strike prices and maturity days for a L3Harris Technologies against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
2022-12-16 CALL at $120.00.95040.001102022-12-1695.5 - 100.0118.0In
2022-12-16 CALL at $125.00.94740.001302022-12-1690.5 - 95.00.0In
2022-12-16 CALL at $130.00.94430.001402022-12-1685.5 - 90.00.0In
2022-12-16 CALL at $135.00.94080.001602022-12-1680.5 - 85.00.0In
2022-12-16 CALL at $140.00.93710.001802022-12-1675.5 - 80.00.0In
2022-12-16 CALL at $145.00.93310.00202022-12-1670.5 - 75.00.0In
2022-12-16 CALL at $150.00.92870.002202022-12-1665.5 - 70.00.0In
2022-12-16 CALL at $155.00.92380.002502022-12-1660.5 - 65.00.0In
2022-12-16 CALL at $160.00.99852.0E-402022-12-1655.5 - 60.20.0In
2022-12-16 CALL at $165.00.99327.0E-402022-12-1650.5 - 55.30.0In
2022-12-16 CALL at $170.00.99960.002022-12-1645.5 - 50.20.0In
2022-12-16 CALL at $175.00.99260.00102022-12-1640.5 - 45.30.0In
2022-12-16 CALL at $180.00.99230.001202022-12-1635.5 - 40.30.0In
2022-12-16 CALL at $185.00.99190.001402022-12-1630.6 - 35.20.0In
2022-12-16 CALL at $190.00.97650.003602022-12-1625.7 - 30.30.0In
2022-12-16 CALL at $195.00.9660.005602022-12-1620.7 - 25.40.0In
2022-12-16 CALL at $200.00.88120.012242022-12-1617.2 - 20.522.76In
2022-12-16 CALL at $210.00.76810.026942022-12-167.4 - 11.519.65In
2022-12-16 CALL at $220.00.41830.04221062022-12-162.45 - 3.42.75Out
2022-12-16 CALL at $230.00.14260.02091692022-12-160.35 - 1.20.77Out
2022-12-16 CALL at $240.00.0720.00978162022-12-160.2 - 0.750.44Out
2022-12-16 CALL at $250.00.02650.0049362022-12-160.05 - 1.150.15Out
2022-12-16 CALL at $270.00.05180.00381352022-12-160.05 - 1.10.06Out
2022-12-16 PUT at $200.0-0.07440.0107862022-12-160.15 - 0.550.45Out
2022-12-16 PUT at $210.0-0.21030.02811242022-12-161.15 - 1.41.25Out
2022-12-16 PUT at $220.0-0.57850.04071152022-12-164.7 - 5.35.01In
2022-12-16 PUT at $230.0-0.84810.02131032022-12-1610.4 - 15.013.0In
2022-12-16 PUT at $240.0-0.9770.0052612022-12-1620.0 - 24.517.5In
2022-12-16 PUT at $250.0-0.9670.0046172022-12-1630.2 - 34.527.32In
2022-12-16 PUT at $260.0-0.98480.002232022-12-1640.0 - 44.515.16In
2022-12-16 PUT at $270.0-0.98680.001602022-12-1650.0 - 54.50.0In
2022-12-16 PUT at $280.0-0.98280.001702022-12-1660.1 - 64.50.0In
2022-12-16 PUT at $290.0-0.98420.001402022-12-1670.1 - 74.50.0In
2022-12-16 PUT at $300.0-0.98530.001202022-12-1680.1 - 84.50.0In
2022-12-16 PUT at $310.0-0.98620.00102022-12-1690.1 - 94.50.0In
2022-12-16 PUT at $320.0-0.99127.0E-402022-12-16100.0 - 104.50.0In
2022-12-16 PUT at $330.0-0.99166.0E-402022-12-16110.0 - 114.50.0In
2022-12-16 PUT at $340.0-0.99196.0E-402022-12-16120.0 - 124.50.0In
2022-12-16 PUT at $350.0-0.99225.0E-402022-12-16130.0 - 134.50.0In

L3Harris Technologies Investors Sentiment

The influence of L3Harris Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in L3Harris. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to L3Harris Technologies' public news can be used to forecast risks associated with investment in L3Harris. The trend in average sentiment can be used to explain how an investor holding L3Harris can time the market purely based on public headlines and social activities around L3Harris Technologies. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
L3Harris Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for L3Harris Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average L3Harris Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on L3Harris Technologies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards L3Harris Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, L3Harris Technologies' short interest history, or implied volatility extrapolated from L3Harris Technologies options trading.

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Additionally, see Correlation Analysis. Note that the L3Harris Technologies information on this page should be used as a complementary analysis to other L3Harris Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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Is L3Harris Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of L3Harris Technologies. If investors know L3Harris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about L3Harris Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
Market Capitalization
41.5 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of L3Harris Technologies is measured differently than its book value, which is the value of L3Harris that is recorded on the company's balance sheet. Investors also form their own opinion of L3Harris Technologies' value that differs from its market value or its book value, called intrinsic value, which is L3Harris Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because L3Harris Technologies' market value can be influenced by many factors that don't directly affect L3Harris Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between L3Harris Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine L3Harris Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, L3Harris Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.