Illinois Tool Stock Options Expiring on 21st of March
| ITW Stock | USD 256.24 1.60 0.63% |
Illinois Tool's latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 1.69 with a put-to-call open interest ratio of 0.54 over 57 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on March 21st 2025. The total put volume is at 40.0, with calls trading at the volume of 168. This yields a 0.24 put-to-call volume ratio.
Open Interest Against March 21st 2025 Option Contracts
Illinois Tool option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Illinois Tool's lending market. For example, when Illinois Tool's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Illinois Tool, he or she must hedge the risk by shorting Illinois Tool stock over its option's life.
2025-03-21
The chart above shows Illinois Tool's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Illinois Tool's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Illinois Tool's option, there is no secondary market available for investors to trade.
Illinois Tool Maximum Pain Price Across 2025-03-21 Option Contracts
Max pain occurs when Illinois Tool's market makers reach a net positive position across all Illinois Tool's options at a strike price where option holders stand to lose the most money. By contrast, Illinois Tool's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Illinois Tool Works In The Money Call Balance
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 Illinois Tool's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Illinois Tool Works are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
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 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 0.11% per day over the life of the 2025-03-21 option contract. With Illinois Tool trading at USD 256.24, that is roughly USD 0.27. 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 1.69%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Illinois |
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 Int | Strike Price | Current Spread | Last Price | |||
Call | ITW250321C00380000 | 0 | 380.0 | 0.0 - 1.35 | 1.35 | |
Call | ITW250321C00370000 | 0 | 370.0 | 0.0 - 0.5 | 0.5 | |
Call | ITW250321C00360000 | 0 | 360.0 | 0.0 - 0.05 | 0.05 | |
Call | ITW250321C00350000 | 0 | 350.0 | 0.0 - 2.15 | 2.15 | |
Call | ITW250321C00340000 | 0 | 340.0 | 0.0 - 0.45 | 0.45 | |
Call | ITW250321C00330000 | 0 | 330.0 | 0.0 - 2.15 | 2.15 | |
Call | ITW250321C00320000 | 11 | 320.0 | 0.0 - 0.75 | 0.18 | Out |
Call | ITW250321C00310000 | 38 | 310.0 | 0.0 - 1.75 | 0.8 | Out |
Call | ITW250321C00300000 | 126 | 300.0 | 0.0 - 1.35 | 0.05 | Out |
Call | ITW250321C00290000 | 219 | 290.0 | 0.0 - 0.15 | 0.11 | Out |
Call | ITW250321C00280000 | 724 | 280.0 | 0.05 - 0.5 | 0.1 | Out |
Call | ITW250321C00270000 | 678 | 270.0 | 0.05 - 0.1 | 0.2 | Out |
Call | ITW250321C00260000 | 695 | 260.0 | 0.45 - 0.75 | 0.65 | Out |
Call | ITW250321C00250000 | 154 | 250.0 | 5.4 - 7.3 | 6.8 | In |
Call | ITW250321C00240000 | 119 | 240.0 | 13.1 - 16.4 | 18.65 | In |
Call | ITW250321C00230000 | 9 | 230.0 | 23.2 - 26.3 | 43.03 | In |
Call | ITW250321C00220000 | 6 | 220.0 | 34.0 - 36.3 | 46.6 | In |
Call | ITW250321C00210000 | 10 | 210.0 | 43.0 - 46.2 | 50.75 | In |
Call | ITW250321C00200000 | 21 | 200.0 | 53.1 - 56.2 | 59.23 | In |
Call | ITW250321C00195000 | 1 | 195.0 | 58.8 - 61.8 | 78.9 | In |
Call | ITW250321C00190000 | 37 | 190.0 | 63.8 - 66.2 | 65.15 | In |
Call | ITW250321C00185000 | 5 | 185.0 | 68.1 - 71.2 | 70.12 | In |
Call | ITW250321C00180000 | 5 | 180.0 | 73.7 - 76.8 | 75.07 | In |
Call | ITW250321C00170000 | 5 | 170.0 | 83.7 - 86.9 | 85.42 | In |
Call | ITW250321C00165000 | 5 | 165.0 | 88.8 - 91.8 | 90.38 | In |
Call | ITW250321C00150000 | 5 | 150.0 | 103.7 - 106.2 | 105.05 | In |
Call | ITW250321C00145000 | 5 | 145.0 | 108.3 - 111.1 | 110.01 | In |
Call | ITW250321C00140000 | 5 | 140.0 | 113.5 - 116.2 | 114.34 | In |
Call | ITW250321C00135000 | 5 | 135.0 | 118.3 - 121.1 | 120.62 | In |
Call | ITW250321C00130000 | 5 | 130.0 | 122.9 - 126.2 | 125.58 | In |
Call | ITW250321C00125000 | 5 | 125.0 | 128.7 - 131.2 | 130.48 | In |
Put | ITW250321P00380000 | 0 | 380.0 | 123.9 - 126.4 | 123.9 | In |
Put | ITW250321P00370000 | 0 | 370.0 | 113.4 - 116.4 | 115.93 | In |
Put | ITW250321P00360000 | 0 | 360.0 | 103.9 - 106.4 | 105.97 | In |
Put | ITW250321P00350000 | 0 | 350.0 | 93.9 - 97.3 | 93.9 | In |
Put | ITW250321P00340000 | 0 | 340.0 | 83.9 - 86.4 | 83.9 | In |
Put | ITW250321P00330000 | 0 | 330.0 | 73.9 - 76.4 | 73.9 | In |
Put | ITW250321P00320000 | 0 | 320.0 | 63.9 - 66.4 | 63.9 | In |
Put | ITW250321P00310000 | 0 | 310.0 | 53.9 - 56.3 | 53.9 | In |
Put | ITW250321P00300000 | 0 | 300.0 | 43.3 - 47.1 | 28.2 | In |
Put | ITW250321P00290000 | 0 | 290.0 | 33.9 - 37.0 | 33.9 | In |
Put | ITW250321P00280000 | 1 | 280.0 | 23.9 - 27.0 | 20.3 | In |
Put | ITW250321P00270000 | 17 | 270.0 | 13.9 - 16.1 | 15.0 | In |
Put | ITW250321P00260000 | 102 | 260.0 | 5.2 - 7.4 | 5.0 | In |
Put | ITW250321P00250000 | 351 | 250.0 | 0.5 - 1.0 | 1.0 | Out |
Put | ITW250321P00240000 | 332 | 240.0 | 0.05 - 1.15 | 0.09 | Out |
Put | ITW250321P00230000 | 385 | 230.0 | 0.0 - 1.75 | 0.26 | Out |
Put | ITW250321P00220000 | 244 | 220.0 | 0.0 - 1.75 | 0.18 | Out |
Put | ITW250321P00210000 | 61 | 210.0 | 0.0 - 1.75 | 0.49 | Out |
Put | ITW250321P00200000 | 43 | 200.0 | 0.0 - 1.75 | 0.41 | Out |
Put | ITW250321P00195000 | 2 | 195.0 | 0.0 - 1.75 | 0.85 | Out |
Put | ITW250321P00190000 | 5 | 190.0 | 0.0 - 0.65 | 0.05 | Out |
Put | ITW250321P00185000 | 2 | 185.0 | 0.0 - 1.75 | 1.9 | Out |
Put | ITW250321P00180000 | 7 | 180.0 | 0.0 - 1.75 | 0.2 | Out |
Put | ITW250321P00175000 | 1 | 175.0 | 0.0 - 1.35 | 0.11 | Out |
Put | ITW250321P00170000 | 1 | 170.0 | 0.0 - 1.75 | 0.1 | Out |
Put | ITW250321P00165000 | 1 | 165.0 | 0.0 - 1.75 | 0.2 | Out |
Illinois Total Stockholder Equity
Total Stockholder Equity |
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Illinois Tool Corporate Directors
| James Griffith | Independent Director | Profile | |
| Anre Williams | Independent Director | Profile | |
| Kevin Warren | Independent Director | Profile | |
| Richard Lenny | Lead Independent Director | Profile |
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.