Home Options HWMChain

HWM

Howmet Aerospace Inc.Close $261.21EOD only

Max Pain

$257.50

Next expiry May 22, 2026

Expected Move

±$6.82

2.6% from close

Price Gap

-3.71

Distance to max pain

IV Rank

Low premium

P/C OI

1.13

Slightly put-heavy

Consensus

—

No reports available

Published snapshot: May 20, 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

May 20, 2026 close

HWM Options Chain

Data as of market close May 20, 2026

Expiration

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

Control Row

Next expiry (DTE 2)

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
145.00	116.20	114.60	117.70	17.11	14	1	397.6%	0.984	0.0005	-0.780	0.008	0.008
195.00	48.75	64.70	67.60	0.00	1	2	218.8%	0.970	0.0016	-0.734	0.013	0.010
210.00	66.60	49.70	52.70	0.00	1	1	176.7%	0.959	0.0026	-0.778	0.017	0.011
215.00	61.70	44.70	47.70	0.00	1	1	161.8%	0.954	0.0031	-0.775	0.019	0.011
220.00	24.80	39.20	43.20	0.00	0	0	159.4%	0.935	0.0041	-0.998	0.024	0.011
225.00	22.72	34.70	37.70	0.00	1	1	132.4%	0.942	0.0045	-0.764	0.022	0.011
230.00	17.20	29.70	32.70	0.00	0	3	117.7%	0.934	0.0056	-0.755	0.025	0.012
235.00	13.00	0.00	0.00	0.00	0	0	0.0%	1.000	0.0000	-0.028	0.000	0.013
240.00	31.40	19.80	22.80	0.00	2	3	90.1%	0.904	0.0098	-0.766	0.033	0.012
245.00	15.32	15.60	17.90	-11.28	4	4	53.7%	0.949	0.0100	-0.298	0.020	0.013
247.50	26.40	12.70	15.60	0.00	1	1	71.8%	0.852	0.0166	-0.826	0.045	0.011
250.00	11.85	10.50	13.30	-9.25	2	27	66.4%	0.822	0.0203	-0.860	0.050	0.011
255.00	3.50	5.80	8.80	0.00	9	30	54.7%	0.733	0.0311	-0.892	0.064	0.010
257.50	14.55	4.10	6.40	0.00	1	23	45.8%	0.672	0.0408	-0.819	0.070	0.009
260.00	3.98	2.75	5.20	2.68	4	9	48.5%	0.561	0.0421	-0.941	0.076	0.008
262.50	3.20	1.75	3.20	2.15	1	6	40.2%	0.443	0.0508	-0.781	0.076	0.006
265.00	1.75	0.80	2.60	0.85	8	16	44.4%	0.339	0.0426	-0.797	0.071	0.005
267.50	1.00	0.50	1.60	-2.40	2	11	41.6%	0.227	0.0374	-0.613	0.058	0.003
270.00	0.73	0.05	0.90	0.38	7	14	39.3%	0.132	0.0282	-0.411	0.041	0.002
272.50	0.35	0.25	0.65	-0.65	10	15	41.4%	0.087	0.0198	-0.320	0.031	0.001
275.00	0.32	0.00	0.35	0.00	1	31	40.2%	0.044	0.0120	-0.183	0.018	0.001
277.50	0.29	0.00	2.20	0.00	3	7	62.2%	0.099	0.0145	-0.528	0.034	0.001
280.00	0.20	0.00	0.10	-0.20	5	44	39.7%	0.010	0.0034	-0.050	0.005	0.000
285.00	3.10	0.00	1.15	0.00	2	14	67.4%	0.043	0.0070	-0.298	0.018	0.001
290.00	0.09	0.00	1.90	0.00	1	3	87.4%	0.057	0.0068	-0.484	0.022	0.001
292.50	0.25	0.00	2.15	0.00	0	1	95.6%	0.059	0.0064	-0.547	0.023	0.001
295.00	0.95	0.00	2.15	0.00	1	2	100.7%	0.056	0.0058	-0.549	0.022	0.001

Puts

Strike	Last	Bid	Ask	Chg	Vol	OI	IV	Delta	Gamma	Theta	Vega	Rho
170.00	0.20	0.00	0.05	0.00	5	179	169.5%	-0.000	0.0000	-0.007	0.000	-0.000
175.00	0.19	0.00	1.90	0.00	5	106	261.7%	-0.015	0.0008	-0.483	0.007	-0.000
195.00	0.46	0.00	2.15	0.00	10	10	206.6%	-0.023	0.0014	-0.550	0.011	-0.000
210.00	0.40	0.00	2.00	0.00	5	4	160.6%	-0.029	0.0021	-0.511	0.013	-0.000
215.00	0.06	0.00	2.15	0.00	3	12	149.2%	-0.034	0.0026	-0.547	0.015	-0.001
220.00	0.09	0.00	0.75	0.00	1	7	107.9%	-0.014	0.0017	-0.188	0.007	-0.000
225.00	0.05	0.00	1.50	0.00	1	17	111.2%	-0.032	0.0033	-0.382	0.014	-0.000
230.00	0.01	0.00	2.05	0.00	3	15	106.2%	-0.048	0.0049	-0.514	0.019	-0.001
235.00	0.50	0.00	2.15	0.00	9	6	93.7%	-0.059	0.0065	-0.531	0.023	-0.001
237.50	0.80	0.00	0.60	0.00	8	10	63.8%	-0.020	0.0040	-0.151	0.010	-0.000
240.00	0.59	0.00	2.20	0.00	7	24	80.3%	-0.072	0.0089	-0.532	0.027	-0.001
245.00	1.00	0.00	2.30	0.00	6	6	67.0%	-0.093	0.0129	-0.536	0.032	-0.001
247.50	1.05	0.00	0.90	0.00	3	2	54.9%	-0.088	0.0151	-0.422	0.031	-0.001
250.00	0.50	0.20	3.00	-2.45	7	20	59.2%	-0.152	0.0205	-0.669	0.045	-0.002
252.50	0.75	0.60	1.40	-2.60	4	16	48.1%	-0.164	0.0266	-0.570	0.048	-0.002
255.00	1.98	0.65	1.90	-3.02	1	4	46.2%	-0.233	0.0343	-0.676	0.059	-0.003
257.50	5.90	1.20	2.60	-0.59	2	39	44.8%	-0.324	0.0416	-0.768	0.070	-0.005
260.00	2.50	1.90	3.80	-5.62	1	19	46.5%	-0.437	0.0439	-0.871	0.076	-0.006
262.50	10.10	3.00	5.30	0.00	4	4	48.9%	-0.544	0.0420	-0.919	0.077	-0.008
265.00	5.40	4.30	7.00	-2.97	2	21	51.2%	-0.639	0.0378	-0.907	0.072	-0.009
267.50	3.30	5.70	9.10	0.00	2	2	56.3%	-0.707	0.0316	-0.913	0.067	-0.011
270.00	13.80	7.90	10.90	0.00	1	4	56.3%	-0.779	0.0273	-0.783	0.057	-0.012
272.50	14.50	10.20	13.20	0.00	5	7	61.4%	-0.817	0.0224	-0.760	0.051	-0.012
275.00	14.10	12.50	15.50	0.00	1	0	65.7%	-0.848	0.0185	-0.718	0.045	-0.013
277.50	8.90	15.00	18.00	0.00	0	1	72.5%	-0.864	0.0156	-0.738	0.042	-0.013
320.00	45.63	56.90	61.00	0.00	0	0	104.8%	-0.995	0.0007	-0.036	0.003	-0.017

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.