Illinois Tool Works (ITW) Options Chain

NYSE: ITWIndustrialsIndustrial Machinery/ComponentsUSD

264.13-0.58 (-0.22%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $264.13
Put/call ratio (OI): 0.15
Put/call ratio (volume): 0.67
ATM implied volatility: 26.9%
Expected move: ±$23.48
Open interest (C / P): 3.91K / 599

ITW options summary

The ITW options chain for the November 20, 2026 expiration lists 24 call and 21 put contracts, with 40 days until expiration. Open interest stands at 3,911 calls and 599 puts, a put/call ratio of 0.15, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $260.00 strike is 26.9%, which implies the market expects a move of about ±$23.48 (8.9%) in Illinois Tool Works stock by expiration.

The most open interest sits at the $280.00 call (2.26K contracts) and the $270.00 put (116 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

ITW options chain · November 20, 2026

ITW calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
—	—	—	—	—	—	155.00	0.00	0.00	0.35	25.0%	—	0
—	—	—	—	—	—	160.00	0.00	0.00	0.60	25.0%	—	0
—	—	—	—	—	—	165.00	0.00	0.00	1.00	25.0%	—	0
—	—	—	—	—	—	170.00	0.00	0.00	0.45	25.0%	—	0
—	—	—	—	—	—	175.00	0.25	3.00	1.00	80.9%	10	12
—	—	—	—	—	—	180.00	0.55	2.00	1.33	72.3%	—	1
2	—	234.9%	72.60	112.80	116.80	185.00	0.00	2.50	0.90	67.8%	1	1
0	25	56.7%	76.83	72.70	77.00	190.00	0.00	0.20	0.20	46.0%	1	30
1	—	217.3%	63.40	103.20	107.00	195.00	0.00	1.70	0.40	54.8%	2	3
0	2	—	62.32	0.00	0.00	200.00	0.00	1.55	1.15	50.0%	1	2
0	1	59.9%	59.60	53.10	57.10	210.00	0.00	1.40	0.25	48.8%	12	15
8	4	51.9%	49.40	43.10	47.30	220.00	0.00	0.75	1.20	35.3%	1	7
4	1	43.9%	44.10	34.60	37.50	230.00	0.05	1.30	1.45	32.5%	10	68
37	6	83.9%	33.06	39.90	43.80	240.00	0.10	2.00	1.50	28.6%	5	89
16	1	31.8%	23.50	16.90	19.40	250.00	2.75	3.40	3.00	25.3%	11	91
20	1	29.1%	11.50	9.80	12.40	260.00	5.60	6.70	6.60	24.6%	2	101
ITW $264.13
223	4	27.3%	5.70	5.70	7.10	270.00	10.30	12.30	12.50	25.4%	1	116
2,257	29	25.8%	2.70	1.55	3.50	280.00	16.90	18.70	19.44	23.4%	2	63
594	3	24.5%	1.40	1.25	1.45	290.00	0.00	0.00	15.10	—	2	0
213	2	27.2%	0.65	0.05	0.95	300.00	0.00	0.00	19.20	—	1	0
262	1	33.8%	0.25	0.00	1.15	310.00	—	—	—	—	—	—
167	2	38.6%	0.36	0.00	1.15	320.00	—	—	—	—	—	—
89	3	34.5%	0.40	0.00	0.35	330.00	—	—	—	—	—	—
0	1	12.5%	0.67	0.00	0.00	340.00	55.40	58.60	74.50	—	—	0
2	1	52.6%	2.05	0.00	2.50	350.00	—	—	—	—	—	—
11	1	45.2%	0.10	0.00	0.35	360.00	—	—	—	—	—	—
0	1	25.0%	2.10	0.00	0.00	370.00	—	—	—	—	—	—
5	2	58.9%	0.50	0.00	1.60	380.00	—	—	—	—	—	—
0	1	25.0%	1.05	0.00	0.00	390.00	—	—	—	—	—	—
0	1	25.0%	1.50	0.00	0.00	400.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the ITW put/call ratio?

For the November 20, 2026 expiration, the ITW put/call ratio based on open interest is 0.15 (599 puts vs 3,911 calls), and 0.67 based on today's volume. A ratio above 1 means more puts than calls.

What is ITW's implied volatility?

At-the-money implied volatility for ITW options expiring November 20, 2026 is about 26.9%, an annualized estimate of how much the market expects Illinois Tool Works stock to move.

How many ITW option expiration dates are there?

ITW has 6 listed expiration dates, from Oct 16, 2026 to May 21, 2027.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.