Howmet Aerospace Inc. (HWM) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

Howmet Aerospace Inc. (HWM) operates in the Industrials sector, specifically the Industrial - Machinery industry, with a market capitalization near $109.27B, listed on NYSE, employing roughly 23,930 people, carrying a beta of 1.19 to the broader market. Howmet Aerospace Inc. Led by John C. Plant, public since 2016-11-01.

Snapshot as of May 15, 2026.

Spot Price
$261.45
Total OI
50.9K
Total Volume
2.8K
Front Expiration
28 days
Second Expiration
34 days
ATM IV
34.3%
Avg Bid/Ask Spread
12.80%

As of May 15, 2026, Howmet Aerospace Inc. (HWM) has 50.9K open contracts and 2.8K contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 34.3%. Average bid/ask spread across the chain is 12.80%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How HWM options chain Data Feeds Strategy Selection

Strategy selection on Howmet Aerospace Inc. options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 34.3% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how the options chain is reported and how to read the data →

Frequently asked HWM options chain questions

What does the HWM options chain show right now?
As of May 15, 2026, Howmet Aerospace Inc. (HWM) has 50.9K contracts outstanding and 2.8K traded today, with ATM IV of 34.3%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for HWM options?
The nearest expiration is 28 days out, followed by 34 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are HWM options bid/ask spreads?
Average bid/ask spread across the chain is 12.80%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.