ILLINOIS TOOL WORKS INC (ITW) Options Statistics & Positioning

ILLINOIS TOOL WORKS INC (ITW) options trade at a 30-day at-the-money implied volatility of 19.4%, an IV rank of 45 out of 100 over the past year. The options market prices a ±$7.10 (±2.7%) move in ITW for the front expiration. Max pain sits at $270 and the put/call open interest ratio is 0.38. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$263.96

52-week range

$241.05 – $299.64

ATM IV (30d)

19.4%

IV rank

45 / 100

Moderate

Expected move

±$7.10 (±2.7%)

Put/call OI

0.38

Call-heavy

Max pain

$270

↑ 2.3% above close

Next earnings

Oct 26, 2026

What's ITW's IV rank right now?Where's the max pain for ITW?Explain what gamma exposure means for ITW.

Most Active ITW Contracts

Contract	Expiration	DTE	Last	IV	Volume
ITW $310 call	Mar 19, 2027	161d	$3.35	22.3%	30
ITW $280 call	Nov 20, 2026	42d	$2.70	21.7%	29
ITW $250 put	Nov 20, 2026	42d	$3.00	24.3%	11
ITW $300 call	Mar 19, 2027	161d	$4.50	21.1%	11
ITW $240 put	Nov 20, 2026	42d	$1.50	23.4%	5

See all active ITW contracts →

Explore ITW Options Statistics

ITW Implied Volatility

19.4% ATM IV (30d)

An IV rank of 45 places implied volatility in the middle of its 52-week range.

Full implied volatility analysis →

ITW Open Interest

0.38 put/call OI ratio

8,107 calls and 3,065 puts outstanding across all expirations.

Full open interest analysis →

ITW Max Pain

$270 max pain

2.3% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

ITW Gamma Exposure

$508.09M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

ITW Options Volume

135 contracts traded

Put/call volume ratio 0.36 — plus contracts running far above their usual volume.

Full volume & flow analysis →

ITW Most Active Options

$310 top volume strike

The 25 most actively traded ITW contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

ITW's next expected earnings date is Oct 26, 2026. Options currently price a ±$7.10 (±2.7%) move for the front expiration.

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ITW Options FAQ

When is ITW's next earnings date?

ITW's next expected earnings date is Oct 26, 2026. Options currently price a ±$7.10 (±2.7%) move for the front expiration.

How often is ITW options data on this page updated?

All ITW statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see ITW max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated ITW pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.