ITW Option Overview

Illinois Tool Works Inc (ITW) options traded 467 contracts on Nov 4, 2026, above the 20-day average of 400, and calls outnumber puts. 30-day implied volatility was 22.1%, near the bottom of its one-year range. Near-term max pain was $269.57, 8.1% below the $293.42 close.

About ITW

ITW Options FAQ

How actively are ITW options traded?

323 calls and 144 puts traded on Nov 4, 2026, 467 contracts in total. Open interest was 13.49K contracts. Over the past 30 days, volume averaged 424 contracts per day. The ITW option volume chart shows volume by strike and expiration date.

Is ITW implied volatility high right now?

Illinois Tool Works IV rank is 5, so its 30-day implied volatility of 22.1% is near the bottom of its one-year range. Over the past year it ranged from 15.0% on Dec 18, 2025 to 159.4% on Jan 16, 2026. See the ITW implied volatility history for a longer view.

What is the ITW put/call ratio?

The Illinois Tool Works put/call volume ratio was 0.45 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 0.58. The ITW open interest chart shows calls and puts at each strike.

What is ITW max pain this week?

As of the Nov 4, 2026 close, max pain for Illinois Tool Works options about one week from expiration was $269.57, 8.1% below the $293.42 close. The ITW max pain chart shows it for every expiration date.

What is ITW's expected move over the next week?

Based on 7-day implied volatility of 22.3%, options price a move of about ±$9.06 (±3.1%) over the next week, a range of roughly $284.36 to $302.48 from the Nov 4, 2026 close. The ITW expected move chart shows it for every expiration date.