Illinois Tool Stock Options

ITW Stock  USD 252.29  2.26  0.90%   
Illinois Tool's latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.51. The Illinois Tool option chain provides detailed quote and price information for the current Illinois Tool Works option contracts. It shows all of Illinois Tool's listed puts, calls, expiration dates, strike prices, and other pricing information.

In The Money vs. Out of Money Option Contracts on Illinois Tool

Analyzing Illinois Tool's in-the-money options over time can help investors to take a profitable long position in Illinois Tool regardless of its overall volatility. This is especially true when Illinois Tool's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Illinois Tool's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Illinois Tool's stock while costing only a fraction of its price.

Illinois Current Options Market Mood

Illinois Tool's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Illinois Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Volume

Unfortunately, most Illinois Tool's options investors are not very successful. Illinois Tool's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Illinois contract

Base on the Rule 16, the options market is currently suggesting that Illinois Tool Works will have an average daily up or down price movement of about 0.0319% per day over the life of the 2025-01-17 option contract. With Illinois Tool trading at USD 252.29, that is roughly USD 0.0804. If you think that the market is fully incorporating Illinois Tool's daily price movement you should consider buying Illinois Tool Works options at the current volatility level of 0.51%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Illinois Tool options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Illinois calls. Remember, the seller must deliver Illinois Tool Works stock to the call owner when a call is exercised.

Illinois Tool Option Chain

When Illinois Tool's strike price is surpassing the current stock price, the option contract against Illinois Tool Works stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Illinois Tool's option chain is a display of a range of information that helps investors for ways to trade options on Illinois. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Illinois. It also shows strike prices and maturity days for a Illinois Tool against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
ITW250117C001650000165.0104.2 - 107.8104.2In
Call
ITW250117C001700000170.099.0 - 102.899.0In
Call
ITW250117C001750000175.094.0 - 97.994.0In
Call
ITW250117C001800000180.089.0 - 92.989.0In
Call
ITW250117C001850000185.084.2 - 88.084.2In
Call
ITW250117C001900000190.079.0 - 83.079.0In
Call
ITW250117C001950000195.074.3 - 78.074.3In
Call
ITW250117C002000000200.069.1 - 73.169.1In
Call
ITW250117C002100000210.059.4 - 63.159.4In
Call
ITW250117C002200000220.050.2 - 53.350.2In
 Put
ITW250117P001650000165.00.0 - 2.152.15Out
 Put
ITW250117P001700000170.00.0 - 2.22.2Out
 Put
ITW250117P001750000175.00.0 - 2.22.2Out
 Put
ITW250117P001800000180.00.0 - 2.22.2Out
 Put
ITW250117P001850000185.00.0 - 2.22.2Out
 Put
ITW250117P001900000190.00.0 - 2.22.2Out
 Put
ITW250117P001950000195.00.0 - 2.252.25Out
 Put
ITW250117P002000000200.00.0 - 2.252.25Out
 Put
ITW250117P002100000210.00.0 - 2.32.3Out
 Put
ITW250117P002200000220.00.0 - 2.32.3Out

Illinois Total Stockholder Equity

Total Stockholder Equity

5.09 Billion

At this time, Illinois Tool's Total Stockholder Equity is fairly stable compared to the past year.

Illinois Tool Corporate Directors

James GriffithIndependent DirectorProfile
Anre WilliamsIndependent DirectorProfile
Kevin WarrenIndependent DirectorProfile
Richard LennyLead Independent DirectorProfile

Additional Tools for Illinois Stock Analysis

When running Illinois Tool's price analysis, check to measure Illinois Tool's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Illinois Tool is operating at the current time. Most of Illinois Tool's value examination focuses on studying past and present price action to predict the probability of Illinois Tool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Illinois Tool's price. Additionally, you may evaluate how the addition of Illinois Tool to your portfolios can decrease your overall portfolio volatility.