Best ITW Cash-Secured Put Strategy — 14-Day Strikes, Up to 1.13% Premium
Illinois Tool Works Inc. · ITW · Cash Secured Put · Updated Nov 5, 2026
Illinois Tool Works Inc. provides industrial products and equipment in North America, Europe, the Middle East, Africa, the Asia Pacific, and South America. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. Highlighted 14–30 day cash-secured puts on Illinois Tool Works Inc. (ITW) reach up to 1.13% annualized yield (1.09% avg on top strikes in the tables below).
View ITW chartTop Cash Secured Puts (14–30 day)
Open full screener| Strike | Expiration | DTE | Delta | Premium | Yield | Score | Action |
|---|---|---|---|---|---|---|---|
| $170.00 | Nov 20 | 15 | -0.04 | $1.93 | 1.13% | 28 | Open |
| $165.00 | Nov 20 | 15 | -0.04 | $1.85 | 1.12% | 28 | Open |
| $160.00 | Nov 20 | 15 | -0.03 | $1.73 | 1.08% | 28 | Open |
| $180.00 | Nov 20 | 15 | -0.04 | $1.93 | 1.07% | 28 | Open |
| $185.00 | Nov 20 | 15 | -0.05 | $1.90 | 1.03% | 28 | Open |
Additional medium-term contracts (22–45 DTE)
Key Metrics
Financial Performance
Cash-secured puts snapshot
Insights
Top pick
Best cash-secured puts for Illinois Tool Works Inc. (ITW): $170.00 strike expiring Nov 20, 2026, 1.13% yield.
Short-term opportunities
Illinois Tool Works Inc. (ITW) has competitive cash-secured puts expiring within ~14–21 days—use the 14-day screener filter to compare.
Implied volatility
Average IV for Illinois Tool Works Inc. (ITW) is 162.3% (elevated)— favorable for premium sellers.
Lowest capital at risk
Lowest strike CSP for Illinois Tool Works Inc. (ITW): $160.00 at 1.08% yield.
How to use this page
- Review Illinois Tool Works Inc. (ITW) fundamentals — Check stock price, sector, and technicals in the company snapshot, then compare top contract cards.
- Open the screener for Illinois Tool Works Inc. (ITW) — Open our Cash Secured Puts screener with ITW pre-loaded and optional 14-day or 30-day DTE filters.
- Compare and execute — Refine yield, delta, and IV in the screener, then place the trade in your broker.
Analysis
Our analysis of Illinois Tool Works Inc. (ITW) cash-secured puts shows average premium yield of 1.09% and peaks at 1.13%. Average implied volatility is 162.3% (peak 177.7%), indicating elevated volatility for premium sellers. Illinois Tool Works Inc. (ITW) operates in the Industrials sector within the Specialty Industrial Machinery industry, earning an overall score of 3. Use the tables below to compare strike, DTE, and delta before opening the full screener.
FAQ
What are the best cash-secured puts for Illinois Tool Works Inc. (ITW)?
The best cash-secured puts for Illinois Tool Works Inc. (ITW) reach up to 1.13% annualized yield (1.09% average on top strikes). This page emphasizes roughly 14–21 day expirations plus 30-day style windows. Compare strike, DTE, delta, and IV in the tables below, then open the screener for full filters.
What are Illinois Tool Works Inc. (ITW)'s fundamentals for cash-secured puts?
For Illinois Tool Works Inc. (ITW), key fundamentals include last price $293.59, P/E 24.8, market cap $79.2 Billion, Industrials sector, WSO rating B, analyst consensus Hold. Fundamentals help you judge assignment risk and premium richness before selling options.
How do I find cash-secured puts for Illinois Tool Works Inc. (ITW)?
Use our Cash Secured Puts screener with Illinois Tool Works Inc. (ITW) pre-loaded: filter by premium yield, DTE (14-day or 30-day windows), delta, and implied volatility (162.3% avg IV on this page).
What is the average premium yield for Illinois Tool Works Inc. (ITW) cash-secured puts?
Average premium yield for Illinois Tool Works Inc. (ITW) cash-secured puts is 1.09%, with top contracts up to 1.13%. Yields move with strike, expiration, and IV (avg 162.3%, peak 177.7%).
Is Illinois Tool Works Inc. (ITW) a good stock for cash-secured puts?
Illinois Tool Works Inc. (ITW) offers cash-secured puts with yields up to 1.13%. WSO rates it B. It is in Industrials. IV is elevated—weigh premium income vs. assignment and earnings risk.
What expiration dates are available for Illinois Tool Works Inc. (ITW) cash-secured puts?
Illinois Tool Works Inc. (ITW) has short-dated contracts (~7–21 DTE) and medium-term expirations (~22–45 DTE) on this page. Use DTE chips to jump to the screener with matching expiration filters.
How does implied volatility affect Illinois Tool Works Inc. (ITW) cash-secured puts?
IV drives option premiums: Illinois Tool Works Inc. (ITW) averages 162.3% IV (peak 177.7%). Higher IV can mean richer premiums but more price swing—balance yield with delta and DTE.