2.52K calls and 2.98K puts traded on Nov 4, 2026, 5.5K contracts in total. Open interest was 85.35K contracts. Over the past 30 days, volume averaged 6.96K contracts per day. The HWM option volume chart shows volume by strike and expiration date.

Howmet Aerospace IV rank is 50, so its 30-day implied volatility of 40.5% is near the middle of its one-year range. Over the past year it ranged from 26.8% on Dec 22, 2025 to 54.2% on Oct 22, 2026. See the HWM implied volatility history for a longer view.

The Howmet Aerospace put/call volume ratio was 1.19 on Nov 4, 2026, so puts outnumber calls. The put/call open interest ratio was 1.70. The HWM open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Howmet Aerospace options about one week from expiration was $208.21, 2.5% below the $213.52 close. The HWM max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 49.1%, options price a move of about ±$14.51 (±6.8%) over the next week, a range of roughly $199.01 to $228.03 from the Nov 4, 2026 close. The HWM expected move chart shows it for every expiration date.