Illinois Tool Works Inc. (ITW)
Illinois Tool Works Max Pain By Strike
ITW trades at $259.41, 3.8% above the near-term max pain of $250 expiring Sep 19, 2025 (31 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7-$270), reflecting growing call interest at higher strikes. Key magnetic zone at 250 where 2 expirations converge.
Illinois Tool Works Max Pain By Expiry
Max pain for ITW shows an upward trend from 7 to 270, suggesting bullish positioning in longer-dated options. The 127% spread signals divergent expectations across timeframes. Levels distributed around 259.41. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 250 | -9.41 (-3.63%) |
| Oct 17, 2025 | 260 | 0.59 (0.23%) |
| Dec 19, 2025 | 250 | -9.41 (-3.63%) |
| Jan 16, 2026 | 7 | -252.41 (-97.30%) |
| Mar 20, 2026 | 270 | 10.59 (4.08%) |