Howmet Aerospace Inc. (HWM)
Howmet Aerospace Max Pain By Strike
HWM trades at $172.96, 2.6% below the near-term max pain of $177.5 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($90-$190), indicating stable market expectations. Key magnetic zone at 125 where 2 expirations converge.
Howmet Aerospace Max Pain By Expiry
Max pain for HWM shows stable levels around 158.54, reflecting balanced market expectations. The 63% spread signals divergent expectations across timeframes. Levels distributed around 172.96. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 22, 2025 | 177.5 | 4.54 (2.62%) |
| Aug 29, 2025 | 175 | 2.04 (1.18%) |
| Sep 5, 2025 | 175 | 2.04 (1.18%) |
| Sep 12, 2025 | 170 | -2.96 (-1.71%) |
| Sep 19, 2025 | 165 | -7.96 (-4.60%) |
| Sep 26, 2025 | 190 | 17.04 (9.85%) |
| Oct 17, 2025 | 170 | -2.96 (-1.71%) |
| Jan 16, 2026 | 155 | -17.96 (-10.38%) |
| Apr 17, 2026 | 125 | -47.96 (-27.73%) |
| Jun 18, 2026 | 185 | 12.04 (6.96%) |
| Sep 18, 2026 | 90 | -82.96 (-47.96%) |
| Jan 15, 2027 | 125 | -47.96 (-27.73%) |