Howmet Aerospace Stock Options Expiring on 19th of September

HWM Stock  USD 183.34  4.49  2.39%   
Howmet Aerospace's latest option contracts expiring on September 19th 2025 are carrying combined implied volatility of 0.58 with a put-to-call open interest ratio of 0.48 over 68 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on September 19th 2025. The total put volume is at 56.0, with calls trading at the volume of 223. This yields a 0.25 put-to-call volume ratio.

Open Interest Against September 19th 2025 Option Contracts

The chart above shows Howmet Aerospace's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Howmet Aerospace's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Howmet Aerospace's option, there is no secondary market available for investors to trade.

Howmet Aerospace Maximum Pain Price Across 2025-09-19 Option Contracts

Max pain occurs when Howmet Aerospace's market makers reach a net positive position across all Howmet Aerospace's options at a strike price where option holders stand to lose the most money. By contrast, Howmet Aerospace's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Please note that buying 'in-the-money' options on Howmet Aerospace lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Howmet Aerospace's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Howmet Aerospace contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Howmet Stock moves the wrong way.

Howmet Aerospace In The Money Call Balance

When Howmet Aerospace's strike price is surpassing the current stock price, the option contract against Howmet Aerospace stock is said to be in the money. When it comes to buying Howmet Aerospace's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Howmet Aerospace are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Howmet Current Options Market Mood

Howmet Aerospace's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Howmet Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most Howmet Aerospace's options investors are not very successful. Howmet Aerospace's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Howmet contract

Base on the Rule 16, the options market is currently suggesting that Howmet Aerospace will have an average daily up or down price movement of about 0.0363% per day over the life of the 2025-09-19 option contract. With Howmet Aerospace trading at USD 183.34, that is roughly USD 0.0665. If you think that the market is fully incorporating Howmet Aerospace's daily price movement you should consider buying Howmet Aerospace options at the current volatility level of 0.58%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Howmet Aerospace Option Chain

When Howmet Aerospace's strike price is surpassing the current stock price, the option contract against Howmet Aerospace stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Howmet Aerospace's option chain is a display of a range of information that helps investors for ways to trade options on Howmet. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Howmet. It also shows strike prices and maturity days for a Howmet Aerospace against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
HWM250919C002700000270.00.0 - 0.750.75Out
Call
HWM250919C002600000260.00.0 - 1.11.1Out
Call
HWM250919C002500000250.00.0 - 0.750.75Out
Call
HWM250919C0024000015240.00.0 - 1.70.6Out
Call
HWM250919C002300002230.00.0 - 1.81.33Out
Call
HWM250919C00220000288220.01.2 - 1.751.6Out
Call
HWM250919C0021000075210.02.4 - 3.12.35Out
Call
HWM250919C00200000149200.04.7 - 5.35.3Out
Call
HWM250919C00195000129195.06.1 - 7.06.8Out
Call
HWM250919C00190000158190.08.0 - 8.89.0Out
Call
HWM250919C00185000388185.010.6 - 11.311.5Out
Call
HWM250919C00180000224180.013.0 - 15.014.25In
Call
HWM250919C00175000196175.015.9 - 17.018.0In
Call
HWM250919C001700001114170.019.2 - 21.326.1In
Call
HWM250919C00165000343165.022.8 - 24.723.72In
Call
HWM250919C00160000335160.026.9 - 29.328.14In
Call
HWM250919C00155000121155.031.0 - 33.631.42In
Call
HWM250919C00150000456150.035.5 - 36.832.1In
Call
HWM250919C00145000117145.039.5 - 41.841.22In
Call
HWM250919C001400001025140.044.6 - 46.951.0In
Call
HWM250919C0013500050135.048.6 - 51.950.31In
Call
HWM250919C0013000075130.054.0 - 56.156.0In
Call
HWM250919C0012500082125.058.1 - 61.465.1In
Call
HWM250919C00120000180120.062.8 - 66.359.45In
Call
HWM250919C001150006115.068.5 - 70.862.29In
Call
HWM250919C001100003110.072.5 - 76.272.5In
Call
HWM250919C0010500062105.077.8 - 81.486.38In
Call
HWM250919C0010000022100.082.5 - 86.176.0In
Call
HWM250919C00095000595.087.5 - 91.187.5In
Call
HWM250919C00090000790.092.4 - 96.092.4In
Call
HWM250919C00085000685.097.3 - 101.095.35In
Call
HWM250919C00080000180.0102.3 - 105.8100.16In
Call
HWM250919C00065000165.0117.2 - 120.8117.2In
 Put
HWM250919P002700000270.084.7 - 88.084.7In
 Put
HWM250919P002600000260.074.6 - 78.074.6In
 Put
HWM250919P002500000250.064.6 - 68.064.6In
 Put
HWM250919P002400000240.054.6 - 58.254.6In
 Put
HWM250919P002300000230.044.7 - 48.044.7In
 Put
HWM250919P002200000220.035.3 - 38.635.3In
 Put
HWM250919P002100000210.026.4 - 29.326.4In
 Put
HWM250919P002000001200.018.9 - 21.120.3In
 Put
HWM250919P0019500058195.016.9 - 17.716.9In
 Put
HWM250919P0019000037190.013.8 - 14.813.6In
 Put
HWM250919P0018500078185.011.1 - 11.810.8In
 Put
HWM250919P0018000086180.08.8 - 9.48.2Out
 Put
HWM250919P00175000158175.06.8 - 7.26.75Out
 Put
HWM250919P0017000099170.05.2 - 5.55.2Out
 Put
HWM250919P00165000118165.03.9 - 4.14.0Out
 Put
HWM250919P00160000659160.02.9 - 3.12.75Out
 Put
HWM250919P0015500060155.01.8 - 2.452.1Out
 Put
HWM250919P00150000166150.01.45 - 1.751.65Out
 Put
HWM250919P0014500081145.00.0 - 1.41.57Out
 Put
HWM250919P00140000239140.00.5 - 0.850.79Out
 Put
HWM250919P00135000145135.00.05 - 1.051.0Out
 Put
HWM250919P00130000192130.00.0 - 0.950.25Out
 Put
HWM250919P00125000129125.00.0 - 0.850.5Out
 Put
HWM250919P00120000104120.00.05 - 1.70.35Out
 Put
HWM250919P00115000101115.00.0 - 0.751.05Out
 Put
HWM250919P0011000076110.00.0 - 1.150.55Out
 Put
HWM250919P001050003105.00.0 - 1.40.36Out
 Put
HWM250919P0010000021100.00.0 - 1.40.35Out
 Put
HWM250919P00095000595.00.0 - 0.750.75Out
 Put
HWM250919P000900001390.00.0 - 1.351.35Out
 Put
HWM250919P000850002185.00.0 - 1.351.35Out
 Put
HWM250919P000800001380.00.0 - 1.351.35Out
 Put
HWM250919P000750001175.00.0 - 1.351.35Out
 Put
HWM250919P000700002170.00.0 - 1.351.35Out
 Put
HWM250919P00065000165.00.0 - 1.351.35Out

Howmet Aerospace Market Cap Over Time

   Market Cap   
       Timeline  

Howmet Common Stock Total Equity

Common Stock Total Equity

450.11 Million

At this time, Howmet Aerospace's Common Stock Total Equity is very stable compared to the past year.

Howmet Aerospace Corporate Directors

Robert LeducIndependent DirectorProfile
Jody MillerIndependent DirectorProfile
James AlbaughLead Independent DirectorProfile
Joseph CantieIndependent DirectorProfile
When determining whether Howmet Aerospace is a strong investment it is important to analyze Howmet Aerospace's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Howmet Aerospace's future performance. For an informed investment choice regarding Howmet Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Howmet Aerospace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in Howmet Stock, please use our How to Invest in Howmet Aerospace guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Howmet Aerospace. If investors know Howmet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Howmet Aerospace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.424
Dividend Share
0.31
Earnings Share
3.06
Revenue Per Share
18.557
Quarterly Revenue Growth
0.065
The market value of Howmet Aerospace is measured differently than its book value, which is the value of Howmet that is recorded on the company's balance sheet. Investors also form their own opinion of Howmet Aerospace's value that differs from its market value or its book value, called intrinsic value, which is Howmet Aerospace's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Howmet Aerospace's market value can be influenced by many factors that don't directly affect Howmet Aerospace's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Howmet Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Howmet Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Howmet Aerospace's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.