Alcoa Corp

AANYSE · USD
39.54USD+1.12 (+2.92%)
777

Alcoa Corp (AA) Option Chain

Alcoa Corp trades at $39.54, up 2.92%, with an IV Rank of 24.21%. This is low versus the past year, and the company carries a market cap of $10,142M in the Aluminum industry. On the Nov 13, 2026 chain, the at the money $39.50 strike shows calls at $0.63 / $0.93 and puts at $1.53 / $2.00, both carrying about $1.25 of extrinsic value and a roughly 50% probability of expiring out of the money. Volume is heaviest on the $42.00 calls, at 521 contracts, and the $34.00 puts, at 193, as of Nov 5, 2026.

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Tracking the AA option chain helps you see every strike and expiry on Alcoa Corp in one view, so you can quickly identify contracts that fit your thesis and your risk. It lays out bids, asks, volume, open interest, and Greeks across calls and puts, giving you the full map of AA options activity at a glance. Use our scanner to monitor the AA option chain in real time and filter for the trades that actually meet your criteria.

An option chain is the complete listing of all available option contracts on an underlying, organized by expiration date and strike price. For AA stock options, the chain shows call and put data side by side, making it easy to compare premiums, assess liquidity, and spot pricing dislocations. Reading it well means looking beyond the last price. Implied volatility by strike, volume to open interest ratios, and bid ask spreads all show where AA options are being actively traded, and where they are not.

Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through three segments: Bauxite, Alumina, and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses. The company offers primary aluminum in the form of alloy ingot or value-add ingot to customers that produce products for the transportation, building and construction, packaging, wire, and other industrial markets.

2026-11-13
5 strikes
Default
CALLsPUTs
Prob. OTM %Open InterestVolumeExtrinsic ValueIntrinsic ValueBidAskStrikeMoneyness %BidAskIntrinsic ValueExtrinsic ValueVolumeOpen InterestProb. OTM %
52.12800.141.040.971.3938.50+0.210.901.400.001.15582547.88
59.136230.470.540.711.3039.00+1.511.281.750.001.52398840.87
65.769180.740.040.630.9339.50+2.811.532.000.001.77405034.24
71.871181350.620.000.560.6840.00+4.111.862.390.461.667216328.13
77.3417230.440.000.270.6040.50+5.412.252.870.961.6064022.66

As of Nov 5, 2026

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Stock Statistics

  • IndustryAluminum
  • SectorBasic Materials
  • IV Rank24.21% Low
  • Market cap (M$)10,142
  • 52 weeks high-54.47%
  • 52 weeks low9.40%
  • Analyst recommendationBuy
    1.95
  • Target price$56.21
    42.16% above the current stock price
  • Dividend—
  • Payout ratio9.02%
  • Earnings date2027-01-21
  • P/E6.62
  • Future P/E7.01
  • EPS (ttm)5.80
  • EPS growth next 5 years9.33%

As of Nov 5, 2026