Howmet Aerospace Inc. (HWM)
Howmet Aerospace Max Pain By Strike
HWM trades at $178.15, pinned near the near-term max pain of $175 expiring Sep 12, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($125-$180), indicating stable market expectations. Key magnetic zone at 170 where 3 expirations converge.
Howmet Aerospace Max Pain By Expiry
Max pain for HWM shows stable levels around 162.08, reflecting balanced market expectations. The 34% spread signals divergent expectations across timeframes. Most levels below 178.15 may cap rallies. Strong magnetic level at 170 (3 expirations). 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 |
|---|---|---|
| Sep 12, 2025 | 175 | -3.15 (-1.77%) |
| Sep 19, 2025 | 165 | -13.15 (-7.38%) |
| Sep 26, 2025 | 175 | -3.15 (-1.77%) |
| Oct 3, 2025 | 170 | -8.15 (-4.57%) |
| Oct 10, 2025 | 170 | -8.15 (-4.57%) |
| Oct 17, 2025 | 170 | -8.15 (-4.57%) |
| Oct 24, 2025 | 175 | -3.15 (-1.77%) |
| Jan 16, 2026 | 155 | -23.15 (-12.99%) |
| Apr 17, 2026 | 155 | -23.15 (-12.99%) |
| Jun 18, 2026 | 180 | 1.85 (1.04%) |
| Sep 18, 2026 | 130 | -48.15 (-27.03%) |
| Jan 15, 2027 | 125 | -53.15 (-29.83%) |