Howmet Aerospace Inc. (HWM)

HWM trades at $189.29, pinned near the near-term max pain of $187.5 expiring Oct 10, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($130-$187.5), indicating stable market expectations. Key magnetic zone at 185 where 4 expirations converge.

Max pain for HWM shows stable levels around 171.73, reflecting balanced market expectations. The 33% spread signals divergent expectations across timeframes. Most levels below 189.29 may cap rallies. Strong magnetic level at 185 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.