ITW Max Pain
ITW Max Pain by Expiry
The Max Pain for all expiration dates of ITW.
| Expiration | Max Pain | Max Pain vs Current Price |
|---|---|---|
ITW Max Pain FAQ
What is max pain?
Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.
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. The chart above shows the exact max pain for each expiration date.
Does ITW trade above or below its max pain?
Illinois Tool Works closed above its near-term max pain on 15 of the last 20 trading days. On Nov 4, 2026 it closed at $293.42, 8.8% above max pain of $269.57.
How has ITW max pain changed recently?
Over the last 20 trading days, near-term max pain for Illinois Tool Works ranged from $268.80 to $271.15. It went from $270.23 on Oct 8, 2026 to $269.57 on Nov 4, 2026. See the ITW max pain history for a longer view.
What is Illinois Tool Works Inc?
Founded in 1912, Illinois Tool Works has become a diversified industrial manufacturer through acquisitions and innovations that follow customer needs.