Illinois Tool Works Inc. (ITW)

ITW trades at $261.11, pinned near the near-term max pain of $260 expiring Oct 17, 2025 (19 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 260 where 4 expirations converge.

Max pain for ITW shows an upward trend from 7 to 260, suggesting bullish positioning in longer-dated options. The 121% spread signals divergent expectations across timeframes. Most levels below 261.11 may cap rallies. Strong magnetic level at 260 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.