Howmet Aerospace Inc. (HWM)
NYSE: HWM
· Real-Time Price · USD
171.09
-4.90 (-2.78%)
At close: Aug 15, 2025, 1:42 PM
HWM Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for HWM across all expirations is 1,851.88 shares per 1% move, with 49,659.82 from calls and 47,807.94 from puts. The put-call GEX ratio of 0.96 reflects balanced positioning between puts and calls. The highest gamma concentration is at the Oct 17, 25 expiration with 5,309.16 net GEX, which may act as a magnet point for price action. Near-term exposure for Aug 22, 25 suggests possible volatility from negative gamma effects.
HWM GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Aug 22, 25 | 3,924.52 | -4,324.05 | -399.53 | 1.10 |
| Aug 29, 25 | 1,415.34 | -1,753.61 | -338.27 | 1.24 |
| Sep 5, 25 | 548.61 | -538.17 | 10.44 | 0.98 |
| Sep 12, 25 | 1,521.15 | -6,505.94 | -4,984.79 | 4.28 |
| Sep 19, 25 | 18,740.53 | -20,946.78 | -2,206.25 | 1.12 |
| Sep 26, 25 | 29.58 | -41.8 | -12.22 | 1.41 |
| Oct 17, 25 | 12,384.99 | -7,075.83 | 5,309.16 | 0.57 |
| Jan 16, 26 | 8,554.8 | -5,427.87 | 3,126.93 | 0.63 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jun 18, 26 | 926.66 | -731.52 | 195.14 | 0.79 |
| Jan 15, 27 | 1,613.64 | -462.37 | 1,151.27 | 0.29 |