Howmet Aerospace Stock Options
| HWM Stock | USD 126.51 3.74 3.05% |
Howmet Aerospace's latest option contracts expiring on May 16th 2025 are carrying combined implied volatility of 0.64 with a put-to-call open interest ratio of 0.48 over 70 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on May 16th 2025. The total put volume is at 119, with calls trading at the volume of 140. This yields a 0.85 put-to-call volume ratio.
Open Interest Against May 16th 2025 Option Contracts
2025-05-16
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 2025-05-16 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.
In The Money vs. Out of Money Option Contracts on Howmet Aerospace
Analyzing Howmet Aerospace's in-the-money options over time can help investors to take a profitable long position in Howmet Aerospace regardless of its overall volatility. This is especially true when Howmet Aerospace's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Howmet Aerospace's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Howmet Aerospace's stock while costing only a fraction of its price.
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 0.04% per day over the life of the 2025-05-16 option contract. With Howmet Aerospace trading at USD 126.51, that is roughly USD 0.0506. 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 0.64%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Howmet |
Purchasing Howmet Aerospace options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Howmet calls. Remember, the seller must deliver Howmet Aerospace stock to the call owner when a call is exercised.
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 Int | Strike Price | Current Spread | Last Price | |||
Call | HWM250516C00185000 | 0 | 185.0 | 0.0 - 2.25 | 2.25 | |
Call | HWM250516C00180000 | 1 | 180.0 | 0.0 - 1.5 | 0.2 | Out |
Call | HWM250516C00175000 | 6 | 175.0 | 0.05 - 1.6 | 0.24 | Out |
Call | HWM250516C00170000 | 4 | 170.0 | 0.15 - 2.45 | 1.5 | Out |
Call | HWM250516C00165000 | 53 | 165.0 | 0.2 - 1.5 | 0.6 | Out |
Call | HWM250516C00160000 | 9 | 160.0 | 0.3 - 2.8 | 1.2 | Out |
Call | HWM250516C00155000 | 213 | 155.0 | 0.65 - 1.35 | 1.25 | Out |
Call | HWM250516C00150000 | 152 | 150.0 | 1.0 - 2.9 | 1.6 | Out |
Call | HWM250516C00145000 | 155 | 145.0 | 2.0 - 2.4 | 2.4 | Out |
Call | HWM250516C00140000 | 569 | 140.0 | 2.95 - 3.3 | 3.1 | Out |
Call | HWM250516C00135000 | 2286 | 135.0 | 4.2 - 4.6 | 4.6 | Out |
Call | HWM250516C00130000 | 190 | 130.0 | 5.9 - 7.8 | 6.4 | Out |
Call | HWM250516C00125000 | 155 | 125.0 | 8.0 - 10.4 | 8.4 | Out |
Call | HWM250516C00120000 | 186 | 120.0 | 10.6 - 13.0 | 10.9 | In |
Call | HWM250516C00115000 | 240 | 115.0 | 13.2 - 15.1 | 17.54 | In |
Call | HWM250516C00110000 | 69 | 110.0 | 16.7 - 18.4 | 17.0 | In |
Call | HWM250516C00105000 | 21 | 105.0 | 20.2 - 22.1 | 31.3 | In |
Call | HWM250516C00100000 | 178 | 100.0 | 24.3 - 26.2 | 30.6 | In |
Call | HWM250516C00097500 | 10 | 97.5 | 25.9 - 28.7 | 32.5 | In |
Call | HWM250516C00095000 | 100 | 95.0 | 28.1 - 30.9 | 31.47 | In |
Call | HWM250516C00092500 | 40 | 92.5 | 29.6 - 33.6 | 24.4 | In |
Call | HWM250516C00090000 | 59 | 90.0 | 31.9 - 35.8 | 36.6 | In |
Call | HWM250516C00087500 | 15 | 87.5 | 34.3 - 38.2 | 33.9 | In |
Call | HWM250516C00085000 | 38 | 85.0 | 36.6 - 40.6 | 44.3 | In |
Call | HWM250516C00082500 | 73 | 82.5 | 39.0 - 42.8 | 39.03 | In |
Call | HWM250516C00080000 | 57 | 80.0 | 41.4 - 45.2 | 59.75 | In |
Call | HWM250516C00077500 | 2 | 77.5 | 43.7 - 47.7 | 10.8 | In |
Call | HWM250516C00075000 | 41 | 75.0 | 46.2 - 50.1 | 36.0 | In |
Call | HWM250516C00072500 | 1 | 72.5 | 48.5 - 53.1 | 13.05 | In |
Call | HWM250516C00070000 | 26 | 70.0 | 51.1 - 55.0 | 64.79 | In |
Call | HWM250516C00065000 | 32 | 65.0 | 56.7 - 60.0 | 55.49 | In |
Call | HWM250516C00060000 | 12 | 60.0 | 60.6 - 65.4 | 65.13 | In |
Call | HWM250516C00055000 | 19 | 55.0 | 65.8 - 69.9 | 65.5 | In |
Call | HWM250516C00050000 | 310 | 50.0 | 70.8 - 75.5 | 70.39 | In |
Call | HWM250516C00045000 | 22 | 45.0 | 75.5 - 80.4 | 82.4 | In |
Call | HWM250516C00040000 | 11 | 40.0 | 80.5 - 85.4 | 94.0 | In |
Put | HWM250516P00185000 | 0 | 185.0 | 60.2 - 65.0 | 60.2 | In |
Put | HWM250516P00180000 | 0 | 180.0 | 55.5 - 59.9 | 55.5 | In |
Put | HWM250516P00175000 | 0 | 175.0 | 50.5 - 55.0 | 50.5 | In |
Put | HWM250516P00170000 | 0 | 170.0 | 45.5 - 50.0 | 45.5 | In |
Put | HWM250516P00165000 | 0 | 165.0 | 40.1 - 45.0 | 40.1 | In |
Put | HWM250516P00160000 | 0 | 160.0 | 35.8 - 39.7 | 35.8 | In |
Put | HWM250516P00155000 | 12 | 155.0 | 30.9 - 35.0 | 17.5 | In |
Put | HWM250516P00150000 | 0 | 150.0 | 26.2 - 30.3 | 26.2 | In |
Put | HWM250516P00145000 | 3 | 145.0 | 22.0 - 25.9 | 14.5 | In |
Put | HWM250516P00140000 | 42 | 140.0 | 19.1 - 20.9 | 21.34 | In |
Put | HWM250516P00135000 | 79 | 135.0 | 15.3 - 17.3 | 14.8 | In |
Put | HWM250516P00130000 | 72 | 130.0 | 10.6 - 12.9 | 12.0 | In |
Put | HWM250516P00125000 | 91 | 125.0 | 9.4 - 10.0 | 9.6 | In |
Put | HWM250516P00120000 | 156 | 120.0 | 7.1 - 9.5 | 7.6 | Out |
Put | HWM250516P00115000 | 126 | 115.0 | 4.4 - 5.7 | 5.6 | Out |
Put | HWM250516P00110000 | 188 | 110.0 | 3.7 - 4.1 | 3.8 | Out |
Put | HWM250516P00105000 | 160 | 105.0 | 2.6 - 2.9 | 2.55 | Out |
Put | HWM250516P00100000 | 255 | 100.0 | 1.5 - 3.2 | 1.85 | Out |
Put | HWM250516P00097500 | 211 | 97.5 | 1.2 - 2.5 | 1.55 | Out |
Put | HWM250516P00095000 | 12 | 95.0 | 0.5 - 3.1 | 1.33 | Out |
Put | HWM250516P00092500 | 114 | 92.5 | 0.35 - 2.9 | 1.03 | Out |
Put | HWM250516P00090000 | 101 | 90.0 | 0.3 - 2.75 | 0.86 | Out |
Put | HWM250516P00087500 | 123 | 87.5 | 0.25 - 2.65 | 0.59 | Out |
Put | HWM250516P00085000 | 373 | 85.0 | 0.2 - 2.55 | 0.41 | Out |
Put | HWM250516P00082500 | 32 | 82.5 | 0.15 - 1.7 | 0.59 | Out |
Put | HWM250516P00080000 | 168 | 80.0 | 0.1 - 1.65 | 0.46 | Out |
Put | HWM250516P00077500 | 12 | 77.5 | 0.05 - 1.55 | 0.75 | Out |
Put | HWM250516P00075000 | 28 | 75.0 | 0.0 - 1.5 | 0.4 | Out |
Put | HWM250516P00072500 | 10 | 72.5 | 0.0 - 1.45 | 0.36 | Out |
Put | HWM250516P00070000 | 108 | 70.0 | 0.0 - 1.45 | 0.05 | Out |
Put | HWM250516P00065000 | 38 | 65.0 | 0.0 - 1.4 | 0.7 | Out |
Put | HWM250516P00060000 | 22 | 60.0 | 0.0 - 1.4 | 1.5 | Out |
Put | HWM250516P00055000 | 1 | 55.0 | 0.0 - 1.35 | 0.4 | Out |
Put | HWM250516P00045000 | 12 | 45.0 | 0.0 - 0.25 | 0.04 | Out |
Howmet Aerospace Market Cap Over Time
Market Cap |
| Timeline |
Howmet Common Stock Total Equity
Common Stock Total Equity |
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Howmet Aerospace Corporate Directors
| Robert Leduc | Independent Director | Profile | |
| Jody Miller | Independent Director | Profile | |
| James Albaugh | Lead Independent Director | Profile | |
| Joseph Cantie | Independent Director | Profile |
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 Stocks Directory module to find actively traded stocks across global markets.
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 0.37 | Dividend Share 0.26 | Earnings Share 2.81 | Revenue Per Share | Quarterly Revenue Growth 0.092 |
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.