HWM / Howmet Aerospace Inc. - Put/Call Ratio, Options Sentiment, Unusual Options Activity

Put/Call Ratios - Forward Looking and Historical

By looking at the put/call ratios of specific expirations, we can deduce what the options markets think of the short, medium, and long-term outlook of the company.

Expiry	DTX	Open Put Interest	Open Call Interest	Put/Call Ratio
2025-09-12	7	3,182
2025-09-19	14	9,414
2025-09-26	21	247
2025-10-03	28	41
2025-10-10	35	0
2025-10-17	42	4,881
2025-10-24	49	0
2026-01-16	133	5,511
2026-04-17	224	36
2026-06-18	286	2,574
2026-09-18	378	3
2027-01-15	497	779

Date	Put OI	Put OI (OTM)	Call OI	Call OI (OTM)	Put/Call Ratio	Put/Call Ratio (OTM)
2025-09-04	28,592	24,715
2025-09-03	28,455	22,815
2025-09-02	27,897	22,117
2025-08-29	28,054	22,135
2025-08-28	27,175	21,737
2025-08-27	26,570	21,170
2025-08-26	26,329	21,017
2025-08-25	26,108	19,044
2025-08-22	26,930	19,113
2025-08-21	26,779	21,130
2025-08-20	26,573	18,802
2025-08-19	26,122	20,477
2025-08-18	25,709	20,074
2025-08-15	27,949	16,867
2025-08-14	27,445	19,392
2025-08-13	27,469	19,311
2025-08-12	27,035	21,408
2025-08-11	26,631	21,098
2025-08-08	29,792	23,883
2025-08-07	29,982	23,728

Unusual Options Activity - Trade Volume

The Put/Call Ratio shows the total number of disclosed open put option positions divided by the number of open call option options. Since puts are generally a bearish bet and calls are a bullish bet, put/call ratios greater than 1 indicate a bearish sentiment, and ratios less than one indicate a bullish sentiment.

Unusual options activity (UOA) is generally considered a strong signal for a directional price movement. One metric of unusual options activity is the total volume of put or call options divided by the open interest in the same option type. If the total volume of call or put options exceeds the current open interest, then that is considered unusual and indicates a strong directional signal. In the table below, any date on which the volume of an option exceeds the current open interest is highlighted in green (for call options) or red (for put options).

For example, if, on any trading day, the call volume exceeds the current call open interest, then the Call Volume/Call OI ratio will be greater than one and that cell in the able will be highlighted in green. This would indicate a significant purchase of call options, which is a bullish signal. Likewise, if the opposite is true - the put volume exceeds the put open interest, then the table cell would be highlighted in red and represent a strong bearish signal.

Update Frequency: Daily

Date	Put Volume	Put OI	Put Volume /Put OI	Call Volume	Call OI	Call Volume /Call OI
2025-09-04	908	28,592		1,791	33,197
2025-09-03	585	28,455		429	33,092
2025-09-02	875	27,897		1,027	33,004
2025-08-29	1,490	28,054		1,139	34,553
2025-08-28	1,277	27,175		770	34,294
2025-08-27	971	26,570		764	33,960
2025-08-26	576	26,329		1,146	33,569
2025-08-25	513	26,108		1,327	33,138
2025-08-22	1,260	26,930		2,272	32,895
2025-08-21	398	26,779		274	32,813
2025-08-20	646	26,573		1,541	31,973
2025-08-19	850	26,122		903	31,840
2025-08-18	712	25,709		1,278	31,205
2025-08-15	4,843	27,949		3,876	34,033
2025-08-14	1,658	27,445		1,324	33,803
2025-08-13	641	27,469		4,217	32,531
2025-08-12	801	27,035		1,314	31,974
2025-08-11	901	26,631		903	31,590
2025-08-08	1,850	29,792		953	35,128
2025-08-07	1,580	29,982		2,205	34,569
2025-08-06	1,139	29,288		804	34,415
2025-08-05	959	28,573		1,723	34,002
2025-08-04	4,573	25,468		4,043	31,255
2025-08-01	3,298	28,440		4,513	35,914
2025-07-31	12,156	20,202		7,850	33,127

Option Premium Bought/Sold - Total Market

Update Frequency: Daily

Option Greeks - Delta, Gamma, Theta

Update Frequency: Daily

Option Trading Volume - Total Market

Update Frequency: Daily

Option Trading Volume - Exchange

Update Frequency: Daily