Howmet Aerospace Inc. (HWM)
NYSE: HWM
· Real-Time Price · USD
189.29
-1.79 (-0.94%)
At close: Oct 03, 2025, 3:59 PM
189.00
-0.15%
Pre-market: Oct 06, 2025, 04:00 AM EDT
HWM Delta Exposure By Expiry
The total Delta Exposure (DEX) for HWM across all expirations shows 1,861,634.17 net shares that market makers must hedge, with 2,653,124.57 from calls and 791,490.4 from puts. The put-call delta ratio of 0.30 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
HWM DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 10, 25 | 19,180.4 | -29,809.38 | -10,628.98 | 1.55 |
| Oct 17, 25 | 815,503.8 | -260,937.7 | 554,566.1 | 0.32 |
| Oct 24, 25 | 27,704.39 | -39,199.28 | -11,494.89 | 1.41 |
| Oct 31, 25 | 39,938.49 | -19,083.54 | 20,854.95 | 0.48 |
| Nov 7, 25 | 4,374.14 | -1,147.79 | 3,226.35 | 0.26 |
| Nov 14, 25 | 415.14 | -329.56 | 85.58 | 0.79 |
| Nov 21, 25 | 86,748.38 | -60,004.28 | 26,744.1 | 0.69 |
| Jan 16, 26 | 983,745.82 | -213,476.55 | 770,269.27 | 0.22 |
| Apr 17, 26 | 42,634.58 | -31,958.21 | 10,676.37 | 0.75 |
| Jun 18, 26 | 233,570.55 | -95,427.72 | 138,142.83 | 0.41 |
| Sep 18, 26 | 47,738.54 | -4,176.92 | 43,561.62 | 0.09 |
| Jan 15, 27 | 322,340.67 | -35,231.84 | 287,108.83 | 0.11 |
| Jan 21, 28 | 29,229.67 | -707.63 | 28,522.04 | 0.02 |