Home Options HWMChain

HWM

Howmet Aerospace Inc.Close $270.41EOD only

Max Pain

$275.00

Next expiry Jul 10, 2026

Expected Move

±$10.45

3.9% from close

Price Gap

+4.59

Distance to max pain

IV Rank

Low premium

P/C OI

0.96

Balanced positioning

Consensus

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No reports available

Published snapshot: Jul 2, 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

Jul 2, 2026 close

HWM Options Chain

Data as of market close Jul 2, 2026

Expiration

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

Control Row

Next expiry (DTE 8)

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
230.00	23.72	38.80	42.30	0.00	0	0	52.9%	0.988	0.0016	-0.071	0.012	0.043
245.00	39.04	24.10	27.60	0.00	1	0	67.5%	0.867	0.0085	-0.412	0.081	0.040
250.00	12.90	19.10	22.90	0.00	1	2	61.0%	0.837	0.0108	-0.426	0.092	0.039
255.00	12.40	14.80	18.30	0.00	1	0	54.5%	0.796	0.0139	-0.437	0.106	0.038
260.00	10.62	10.50	14.10	-2.54	3	6	49.9%	0.730	0.0177	-0.463	0.124	0.035
265.00	9.03	7.40	9.60	0.00	1	1	41.4%	0.654	0.0238	-0.428	0.138	0.032
270.00	4.70	4.20	6.80	-1.80	13	7	41.3%	0.528	0.0257	-0.456	0.149	0.026
275.00	2.93	1.60	3.40	-1.02	4	41	33.4%	0.374	0.0302	-0.350	0.142	0.019
277.50	2.52	1.35	2.90	-0.33	20	8	35.6%	0.315	0.0266	-0.348	0.133	0.016
280.00	1.32	0.25	1.95	-0.15	38	83	33.6%	0.239	0.0247	-0.286	0.116	0.012
282.50	1.65	0.30	1.45	-0.20	1	4	33.7%	0.185	0.0212	-0.247	0.100	0.009
285.00	2.25	0.30	1.15	1.63	2	34	34.8%	0.147	0.0177	-0.219	0.086	0.007
287.50	0.46	0.00	0.70	-1.03	21	8	33.2%	0.098	0.0139	-0.157	0.065	0.005
290.00	0.53	0.00	0.55	-0.47	2	206	34.3%	0.076	0.0112	-0.134	0.054	0.004
295.00	0.45	0.00	0.35	0.00	1	4	36.6%	0.047	0.0071	-0.097	0.037	0.002
300.00	2.30	0.00	0.20	0.00	2	11	37.9%	0.026	0.0043	-0.063	0.023	0.001
310.00	1.75	0.00	1.30	0.00	0	10	59.2%	0.053	0.0049	-0.173	0.041	0.003

Puts

Strike	Last	Bid	Ask	Chg	Vol	OI	IV	Delta	Gamma	Theta	Vega	Rho
220.00	0.13	0.00	0.55	0.00	795	1,987	72.6%	-0.017	0.0016	-0.083	0.016	-0.001
225.00	1.87	0.00	0.65	0.00	10	12	67.8%	-0.022	0.0021	-0.094	0.020	-0.001
230.00	1.17	0.00	0.80	0.00	4	5	63.3%	-0.029	0.0028	-0.110	0.025	-0.002
235.00	0.20	0.00	0.70	-0.52	2	10	54.9%	-0.029	0.0032	-0.096	0.025	-0.002
240.00	0.49	0.00	1.60	0.00	5	8	57.6%	-0.061	0.0056	-0.185	0.045	-0.003
245.00	0.15	0.00	0.95	-0.93	11	11	52.2%	-0.079	0.0075	-0.203	0.055	-0.004
250.00	0.77	0.00	1.20	0.02	4	15	47.3%	-0.107	0.0104	-0.230	0.069	-0.006
252.50	0.91	0.00	2.05	0.00	1	1	51.9%	-0.159	0.0124	-0.331	0.091	-0.009
255.00	0.94	0.00	2.20	-0.27	3	14	48.5%	-0.179	0.0144	-0.334	0.098	-0.010
257.50	2.65	0.05	2.65	0.00	1	1	47.3%	-0.214	0.0165	-0.362	0.109	-0.012
260.00	1.70	0.45	3.20	0.00	10	15	46.3%	-0.255	0.0185	-0.389	0.120	-0.014
265.00	3.50	1.90	4.40	-1.00	3	3	42.8%	-0.350	0.0231	-0.412	0.139	-0.019
267.50	3.50	3.30	5.80	-0.30	1	3	45.1%	-0.414	0.0231	-0.456	0.146	-0.022
270.00	5.50	3.60	6.30	-0.08	2	10	40.8%	-0.472	0.0261	-0.418	0.149	-0.026
275.00	4.68	6.30	8.70	-3.72	1	5	38.1%	-0.609	0.0269	-0.371	0.144	-0.033
280.00	8.00	9.40	12.10	0.00	16	16	37.9%	-0.733	0.0232	-0.308	0.123	-0.040

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.