Howmet Aerospace Inc. (HWM) Options Statistics & Positioning

Howmet Aerospace Inc. (HWM) options trade at a 30-day at-the-money implied volatility of 40.9%, an IV rank of 51 out of 100 over the past year. The options market prices a ±$34.35 (±12.7%) move in HWM for the front expiration. Max pain sits at $240 and the put/call open interest ratio is 0.94. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$271.51

52-week range

$170.97 – $286.50

ATM IV (30d)

40.9%

IV rank

51 / 100

Moderate

Expected move

±$34.35 (±12.7%)

Put/call OI

0.94

Max pain

$240

↓ 11.6% below close

Next earnings

Aug 2, 2026

Most Active HWM Contracts

Contract	Expiration	DTE	Last	IV	Volume
HWM $260 put	Jul 17, 2026	7d	$1.40	38.4%	418
HWM $320 call	Sep 18, 2026	70d	$4.05	36.1%	341
HWM $285 call	Aug 14, 2026	35d	$8.50	40.2%	201
HWM $270 put	Jul 17, 2026	7d	$4.10	38.6%	194
HWM $260 put	Aug 21, 2026	42d	$10.35	43.9%	151

See all active HWM contracts →

Explore HWM Options Statistics

HWM Implied Volatility

40.9% ATM IV (30d)

An IV rank of 51 places implied volatility in the middle of its 52-week range.

Full implied volatility analysis →

HWM Open Interest

0.94 put/call OI ratio

23,098 calls and 21,724 puts outstanding across all expirations.

Full open interest analysis →

HWM Max Pain

$240 max pain

11.6% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

HWM Gamma Exposure

$272.69M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

HWM Options Volume

2,218 contracts traded

Put/call volume ratio 1.07 — plus contracts running far above their usual volume.

Full volume & flow analysis →

HWM Most Active Options

$260 top volume strike

The 25 most actively traded HWM contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

HWM's next expected earnings date is Aug 2, 2026. Options currently price a ±$34.35 (±12.7%) move for the front expiration.

Explore the payoff profile of option on HWM for free

Build multi-leg HWM strategies, visualize payoffs, and scan the full US options universe with OptiView.

Open HWM in the platform Scan options

HWM Options FAQ

When is HWM's next earnings date?

HWM's next expected earnings date is Aug 2, 2026. Options currently price a ±$34.35 (±12.7%) move for the front expiration.

How often is HWM options data on this page updated?

All HWM statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see HWM max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated HWM pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.