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

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.
  
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 IntStrike PriceCurrent SpreadLast Price
Call
HWM250516C001850000185.00.0 - 2.252.25Out
Call
HWM250516C001800001180.00.0 - 1.50.2Out
Call
HWM250516C001750006175.00.05 - 1.60.24Out
Call
HWM250516C001700004170.00.15 - 2.451.5Out
Call
HWM250516C0016500053165.00.2 - 1.50.6Out
Call
HWM250516C001600009160.00.3 - 2.81.2Out
Call
HWM250516C00155000213155.00.65 - 1.351.25Out
Call
HWM250516C00150000152150.01.0 - 2.91.6Out
Call
HWM250516C00145000155145.02.0 - 2.42.4Out
Call
HWM250516C00140000569140.02.95 - 3.33.1Out
Call
HWM250516C001350002286135.04.2 - 4.64.6Out
Call
HWM250516C00130000190130.05.9 - 7.86.4Out
Call
HWM250516C00125000155125.08.0 - 10.48.4Out
Call
HWM250516C00120000186120.010.6 - 13.010.9In
Call
HWM250516C00115000240115.013.2 - 15.117.54In
Call
HWM250516C0011000069110.016.7 - 18.417.0In
Call
HWM250516C0010500021105.020.2 - 22.131.3In
Call
HWM250516C00100000178100.024.3 - 26.230.6In
Call
HWM250516C000975001097.525.9 - 28.732.5In
Call
HWM250516C0009500010095.028.1 - 30.931.47In
Call
HWM250516C000925004092.529.6 - 33.624.4In
Call
HWM250516C000900005990.031.9 - 35.836.6In
Call
HWM250516C000875001587.534.3 - 38.233.9In
Call
HWM250516C000850003885.036.6 - 40.644.3In
Call
HWM250516C000825007382.539.0 - 42.839.03In
Call
HWM250516C000800005780.041.4 - 45.259.75In
Call
HWM250516C00077500277.543.7 - 47.710.8In
Call
HWM250516C000750004175.046.2 - 50.136.0In
Call
HWM250516C00072500172.548.5 - 53.113.05In
Call
HWM250516C000700002670.051.1 - 55.064.79In
Call
HWM250516C000650003265.056.7 - 60.055.49In
Call
HWM250516C000600001260.060.6 - 65.465.13In
Call
HWM250516C000550001955.065.8 - 69.965.5In
Call
HWM250516C0005000031050.070.8 - 75.570.39In
Call
HWM250516C000450002245.075.5 - 80.482.4In
Call
HWM250516C000400001140.080.5 - 85.494.0In
 Put
HWM250516P001850000185.060.2 - 65.060.2In
 Put
HWM250516P001800000180.055.5 - 59.955.5In
 Put
HWM250516P001750000175.050.5 - 55.050.5In
 Put
HWM250516P001700000170.045.5 - 50.045.5In
 Put
HWM250516P001650000165.040.1 - 45.040.1In
 Put
HWM250516P001600000160.035.8 - 39.735.8In
 Put
HWM250516P0015500012155.030.9 - 35.017.5In
 Put
HWM250516P001500000150.026.2 - 30.326.2In
 Put
HWM250516P001450003145.022.0 - 25.914.5In
 Put
HWM250516P0014000042140.019.1 - 20.921.34In
 Put
HWM250516P0013500079135.015.3 - 17.314.8In
 Put
HWM250516P0013000072130.010.6 - 12.912.0In
 Put
HWM250516P0012500091125.09.4 - 10.09.6In
 Put
HWM250516P00120000156120.07.1 - 9.57.6Out
 Put
HWM250516P00115000126115.04.4 - 5.75.6Out
 Put
HWM250516P00110000188110.03.7 - 4.13.8Out
 Put
HWM250516P00105000160105.02.6 - 2.92.55Out
 Put
HWM250516P00100000255100.01.5 - 3.21.85Out
 Put
HWM250516P0009750021197.51.2 - 2.51.55Out
 Put
HWM250516P000950001295.00.5 - 3.11.33Out
 Put
HWM250516P0009250011492.50.35 - 2.91.03Out
 Put
HWM250516P0009000010190.00.3 - 2.750.86Out
 Put
HWM250516P0008750012387.50.25 - 2.650.59Out
 Put
HWM250516P0008500037385.00.2 - 2.550.41Out
 Put
HWM250516P000825003282.50.15 - 1.70.59Out
 Put
HWM250516P0008000016880.00.1 - 1.650.46Out
 Put
HWM250516P000775001277.50.05 - 1.550.75Out
 Put
HWM250516P000750002875.00.0 - 1.50.4Out
 Put
HWM250516P000725001072.50.0 - 1.450.36Out
 Put
HWM250516P0007000010870.00.0 - 1.450.05Out
 Put
HWM250516P000650003865.00.0 - 1.40.7Out
 Put
HWM250516P000600002260.00.0 - 1.41.5Out
 Put
HWM250516P00055000155.00.0 - 1.350.4Out
 Put
HWM250516P000450001245.00.0 - 0.250.04Out

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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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
18.211
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.