Howmet Aerospace Inc. (HWM)

HWM trades at $193.15, 4.4% above the near-term max pain of $185 expiring Oct 3, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($125-$185), indicating stable market expectations. Key magnetic zone at 180 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for HWM shows stable levels around 169.62, reflecting balanced market expectations. The 35% spread signals divergent expectations across timeframes. Most levels below 193.15 may cap rallies. Strong magnetic level at 180 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.