Howmet Aerospace Inc. (HWM)
Howmet Aerospace Max Pain By Strike
HWM trades at $176.03, 2.2% below the near-term max pain of $180 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($125-$185), reflecting growing call interest at higher strikes. Key magnetic zone at 180 where 4 expirations converge.
Howmet Aerospace Max Pain By Expiry
Max pain for HWM shows an upward trend from 125 to 185, suggesting bullish positioning in longer-dated options. The 36% spread signals divergent expectations across timeframes. Levels distributed around 176.03. Strong magnetic level at 180 (4 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 |
|---|---|---|
| Aug 15, 2025 | 180 | 3.97 (2.26%) |
| Aug 22, 2025 | 180 | 3.97 (2.26%) |
| Aug 29, 2025 | 177.5 | 1.47 (0.84%) |
| Sep 5, 2025 | 180 | 3.97 (2.26%) |
| Sep 12, 2025 | 175 | -1.03 (-0.59%) |
| Sep 19, 2025 | 165 | -11.03 (-6.27%) |
| Sep 26, 2025 | 180 | 3.97 (2.26%) |
| Oct 17, 2025 | 165 | -11.03 (-6.27%) |
| Jan 16, 2026 | 155 | -21.03 (-11.95%) |
| Apr 17, 2026 | 125 | -51.03 (-28.99%) |
| Jun 18, 2026 | 185 | 8.97 (5.10%) |
| Jan 15, 2027 | 125 | -51.03 (-28.99%) |