Home Options HWMChain

HWM

Howmet Aerospace Inc.Close $292.65EOD only

Max Pain

$280.00

Next expiry Aug 21, 2026

Expected Move

±$6.28

2.1% from close

Price Gap

-12.65

Distance to max pain

IV Rank

Low premium

P/C OI

0.96

Balanced positioning

Consensus

—

No reports available

Published snapshot: Aug 18, 2026 close

End-of-day snapshot

This page reflects HWM options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Aug 18, 2026 close

HWM Options Chain

Data as of market close Aug 18, 2026

Expiration

Compare calls and puts side by side with OI, volume, IV, and positioning context.

Control Row

Next expiry (DTE 3)

Blank greek cells usually mean usable implied volatility was unavailable for that contract in the market-close snapshot.

Open Interest by Strike

IV Skew

Volume by Strike

Calls

Strike	Last	Bid	Ask	Chg	Vol	OI	IV	Delta	Gamma	Theta	Vega	Rho
185.00	93.02	101.30	104.60	0.00	8	0	0.0%	1.000	0.0000	-0.022	0.000	0.015
200.00	88.83	92.00	94.10	0.00	0	1	182.6%	0.991	0.0005	-0.211	0.006	0.016
205.00	80.49	86.90	88.80	0.00	0	1	155.3%	0.995	0.0003	-0.117	0.004	0.017
225.00	66.70	66.70	68.90	0.00	1	1	114.1%	0.995	0.0005	-0.095	0.004	0.018
230.00	53.80	61.30	64.50	0.00	1	1	114.1%	0.991	0.0008	-0.144	0.006	0.019
240.00	48.15	51.30	54.10	0.00	1	2	77.3%	0.998	0.0003	-0.050	0.002	0.020
245.00	45.10	46.40	49.00	0.00	0	6	69.9%	0.998	0.0004	-0.051	0.002	0.020
250.00	39.90	41.40	43.80	-0.10	2	103	108.3%	0.951	0.0035	-0.512	0.027	0.019
252.50	33.07	38.90	41.50	0.00	4	24	59.4%	0.997	0.0005	-0.052	0.002	0.021
255.00	35.39	36.30	39.10	0.00	2	3	55.9%	0.997	0.0006	-0.052	0.002	0.021
257.50	31.80	33.90	37.00	0.00	0	1	68.8%	0.982	0.0025	-0.167	0.012	0.021
260.00	27.68	31.80	34.60	-2.47	2	116	72.9%	0.966	0.0039	-0.271	0.020	0.021
262.50	23.77	29.50	32.00	0.00	4	7	69.5%	0.961	0.0046	-0.289	0.022	0.021
265.00	25.46	26.40	29.50	0.00	2	9	55.9%	0.977	0.0037	-0.166	0.015	0.021
270.00	17.12	21.50	24.80	3.95	5	85	52.8%	0.957	0.0065	-0.244	0.024	0.021
272.50	11.65	18.90	21.60	0.00	1	28	64.9%	0.894	0.0106	-0.553	0.049	0.020
275.00	14.65	16.50	19.10	0.00	1	6	59.1%	0.884	0.0125	-0.540	0.052	0.020
277.50	8.30	14.00	16.50	0.00	1	2	52.0%	0.877	0.0148	-0.497	0.054	0.020
280.00	11.30	11.80	14.50	0.00	7	277	52.2%	0.833	0.0181	-0.605	0.066	0.019
282.50	8.53	9.40	12.60	0.00	1	5	52.1%	0.782	0.0213	-0.705	0.078	0.018
285.00	4.30	7.20	9.60	-3.45	12	61	40.2%	0.775	0.0281	-0.558	0.080	0.018
287.50	3.90	5.40	7.80	-1.25	25	35	39.6%	0.699	0.0332	-0.632	0.092	0.016
290.00	3.44	3.10	5.70	-0.28	12	338	34.9%	0.623	0.0410	-0.607	0.101	0.015
292.50	1.82	1.95	4.40	-0.73	23	32	35.4%	0.517	0.0424	-0.641	0.106	0.012
295.00	2.35	1.60	3.70	0.40	9	82	39.0%	0.421	0.0378	-0.689	0.104	0.010
297.50	1.15	0.00	2.00	-0.30	1	50	32.2%	0.296	0.0405	-0.501	0.092	0.007
300.00	0.75	0.50	1.15	-0.15	68	238	30.1%	0.189	0.0338	-0.367	0.072	0.004
302.50	0.35	0.00	2.25	-0.14	10	22	47.6%	0.230	0.0241	-0.648	0.081	0.005
305.00	0.20	0.00	0.40	0.00	6	150	29.7%	0.066	0.0163	-0.171	0.034	0.002
307.50	0.26	0.00	1.00	0.00	4	5	44.0%	0.113	0.0164	-0.377	0.051	0.003
310.00	0.05	0.00	0.55	0.00	7	225	41.2%	0.065	0.0116	-0.234	0.034	0.002
312.50	4.40	0.00	1.75	0.00	5	7	51.4%	0.084	0.0113	-0.353	0.041	0.002
315.00	3.68	0.00	2.15	0.00	1	6	59.1%	0.090	0.0104	-0.427	0.043	0.002
320.00	0.01	0.00	0.05	-0.15	1	58	37.7%	0.005	0.0014	-0.024	0.004	0.000
325.00	0.16	0.00	1.35	0.00	37	22	67.8%	0.047	0.0055	-0.298	0.026	0.001
330.00	0.05	0.00	2.15	0.00	1	105	83.9%	0.062	0.0055	-0.457	0.033	0.001
335.00	1.10	0.00	1.95	0.00	0	1	89.5%	0.052	0.0045	-0.425	0.028	0.001
340.00	0.50	0.00	2.15	0.00	2	12	98.9%	0.052	0.0041	-0.469	0.028	0.001
345.00	0.72	0.00	2.10	0.00	0	2	105.5%	0.048	0.0035	-0.463	0.026	0.001
350.00	1.01	0.00	2.10	0.00	0	2	112.4%	0.044	0.0031	-0.468	0.025	0.001
360.00	0.51	0.00	1.35	0.00	3	0	114.9%	0.027	0.0020	-0.314	0.016	0.001

Puts

Strike	Last	Bid	Ask	Chg	Vol	OI	IV	Delta	Gamma	Theta	Vega	Rho
170.00	0.23	0.00	0.25	0.00	0	10	214.1%	-0.002	0.0001	-0.057	0.002	-0.000
190.00	0.67	0.00	2.15	0.00	20	20	242.1%	-0.019	0.0007	-0.491	0.012	-0.000
210.00	0.57	0.00	2.15	0.00	10	11	194.0%	-0.024	0.0011	-0.484	0.015	-0.001
220.00	0.22	0.00	2.15	0.00	12	945	171.2%	-0.028	0.0014	-0.479	0.017	-0.001
225.00	1.21	0.00	2.15	0.00	1	57	160.2%	-0.030	0.0016	-0.477	0.018	-0.001
230.00	0.03	0.00	2.15	-0.13	1	103	149.2%	-0.032	0.0018	-0.473	0.019	-0.001
235.00	0.83	0.00	1.55	0.00	10	111	129.0%	-0.026	0.0018	-0.347	0.016	-0.001
240.00	0.05	0.00	2.15	0.00	9	544	127.7%	-0.038	0.0024	-0.465	0.022	-0.001
245.00	1.76	0.00	2.15	0.00	7	21	117.1%	-0.042	0.0029	-0.461	0.024	-0.001
250.00	0.33	0.00	2.15	0.00	1	119	106.5%	-0.046	0.0034	-0.455	0.026	-0.001
252.50	0.05	0.00	1.95	0.00	1	3	98.9%	-0.045	0.0036	-0.414	0.025	-0.001
255.00	1.20	0.00	0.75	0.00	1	5	76.3%	-0.021	0.0025	-0.170	0.013	-0.001
257.50	0.94	0.00	1.15	0.00	2	15	78.4%	-0.033	0.0035	-0.253	0.019	-0.001
260.00	0.43	0.00	1.35	0.00	1	145	76.3%	-0.040	0.0043	-0.290	0.023	-0.001
262.50	0.71	0.00	0.70	0.00	1	1	62.0%	-0.025	0.0035	-0.157	0.015	-0.001
265.00	0.05	0.00	0.30	0.00	5	96	55.9%	-0.023	0.0037	-0.135	0.015	-0.001
267.50	0.15	0.00	0.20	-0.02	4	31	47.8%	-0.018	0.0034	-0.091	0.012	-0.000
270.00	0.20	0.00	0.25	0.10	1	506	45.5%	-0.024	0.0046	-0.112	0.015	-0.001
272.50	0.35	0.05	0.40	0.00	3	29	45.6%	-0.040	0.0071	-0.171	0.023	-0.001
275.00	0.55	0.00	0.50	0.20	5	59	43.3%	-0.053	0.0094	-0.205	0.029	-0.001
277.50	1.16	0.00	1.30	0.63	1	10	51.3%	-0.120	0.0147	-0.450	0.053	-0.003
280.00	0.80	0.00	1.00	0.07	42	138	41.5%	-0.114	0.0176	-0.350	0.051	-0.003
282.50	2.10	0.00	2.50	0.72	1	39	52.6%	-0.220	0.0212	-0.682	0.079	-0.005
285.00	1.75	0.35	2.90	-0.45	2	90	49.4%	-0.267	0.0251	-0.709	0.087	-0.007
287.50	4.80	0.20	3.40	2.30	9	16	46.3%	-0.325	0.0293	-0.725	0.096	-0.008
290.00	3.55	1.00	3.00	0.00	18	76	34.5%	-0.375	0.0415	-0.565	0.101	-0.009
292.50	4.70	1.60	4.60	0.00	1	7	38.3%	-0.483	0.0393	-0.657	0.106	-0.012
295.00	12.50	2.90	6.20	0.00	1	6	40.2%	-0.576	0.0367	-0.676	0.104	-0.014
297.50	16.00	4.60	7.10	0.00	0	2	34.4%	-0.691	0.0386	-0.511	0.093	-0.017
300.00	16.65	6.50	9.40	0.00	10	26	39.3%	-0.748	0.0306	-0.528	0.085	-0.019
305.00	21.35	10.80	13.50	0.00	0	0	41.1%	-0.860	0.0204	-0.372	0.059	-0.022
310.00	38.00	15.10	18.70	0.00	0	0	53.8%	-0.875	0.0144	-0.457	0.055	-0.023
350.00	69.50	55.60	58.20	0.00	0	0	107.4%	-0.963	0.0028	-0.344	0.021	-0.028

How to Read the Chain

Use this market-close chain snapshot to compare liquidity, pricing, IV, and per-contract greeks across the active expiration.

How to scan it

Start with strike, bid/ask spread, open interest, and volume. Then use IV and greeks to decide whether a contract fits your directional, income, or volatility idea.

What matters first

Clean fills matter before a contract looks mathematically attractive. A thin market can erase the edge you think you found.

What can mislead you

Low premium, high IV, or one convenient delta do not make a trade by themselves. Check how far the strike sits from spot, expected move, and the event calendar.

Greeks are close-of-day estimates, and blank greek cells usually mean usable implied volatility was unavailable for that contract.