There are different ways to open an LDF file, and most of them do just that – opens it. It’s tricky to get any human readable information and make a use of it though
To be able to read transaction logs in order to see the operation type, the schema and object name of the object affected, the time when the operation was executed, the name of the user who executed the operation, and more, check out the Open LDF file and view LDF file content online article
Note that the provided solution is not affected by whether you read an online transaction log or not - there are no locks that prevent the process of reading and analyzing the transaction log
Disclaimer: I work as a Product Support Engineer at ApexSQL