Illinois Tool Works Inc. (ITW)
Illinois Tool Works Max Pain By Strike
ITW trades at $262.44, 5.0% above the near-term max pain of $250 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7-$260), reflecting growing call interest at higher strikes. Key magnetic zone at 250 where 3 expirations converge.
Illinois Tool Works Max Pain By Expiry
Max pain for ITW shows an upward trend from 7 to 260, suggesting bullish positioning in longer-dated options. The 129% spread signals divergent expectations across timeframes. Most levels below 262.44 may cap rallies. Strong magnetic level at 250 (3 expirations). 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 |
|---|---|---|
| Aug 15, 2025 | 250 | -12.44 (-4.74%) |
| Sep 19, 2025 | 250 | -12.44 (-4.74%) |
| Oct 17, 2025 | 160 | -102.44 (-39.03%) |
| Dec 19, 2025 | 250 | -12.44 (-4.74%) |
| Jan 16, 2026 | 7 | -255.44 (-97.33%) |
| Mar 20, 2026 | 260 | -2.44 (-0.93%) |