Best Covered Calls for Illinois Tool Works Inc. (ITW) — Up to 2.18% Premium Yield
Illinois Tool Works Inc. · ITW · Covered Call · Updated Jul 28, 2026
Highlighted near-term covered calls on Illinois Tool Works Inc. (ITW) reach up to 2.18% annualized yield (0.81% avg on top strikes in the tables below).
View ITW chartEarnings soon: Jul 28, 2026 (0 days). Calendar
Top Covered Calls
Open full screener| Strike | Expiration | DTE | Delta | Premium | Yield | Score | Action |
|---|---|---|---|---|---|---|---|
| $300.00 | Aug 21 | 24 | 0.44 | $6.55 | 2.18% | 31 | Open |
| $310.00 | Aug 21 | 24 | 0.24 | $2.60 | 0.84% | 25 | Open |
| $320.00 | Aug 21 | 24 | 0.13 | $1.30 | 0.41% | 1 | Open |
| $360.00 | Aug 21 | 24 | 0.07 | $1.10 | 0.31% | 0 | Open |
| $370.00 | Aug 21 | 24 | 0.06 | $1.08 | 0.29% | 0 | Open |
Key Metrics
Financial Performance
Covered calls snapshot
Insights
Top pick
Best covered calls for Illinois Tool Works Inc. (ITW): $300.00 strike expiring Aug 21, 2026, 2.18% yield.
Implied volatility
Average IV for Illinois Tool Works Inc. (ITW) is 36.2% (elevated)— favorable for premium sellers.
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 Covered Calls 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) covered calls shows average premium yield of 0.81% and peaks at 2.18%. Average implied volatility is 36.2% (peak 54.1%), indicating elevated volatility for premium sellers. Illinois Tool Works Inc. (ITW) operates in the Industrials sector within the Specialty Industrial Machinery industry. Use the tables below to compare strike, DTE, and delta before opening the full screener.
FAQ
What are the best covered calls for Illinois Tool Works Inc. (ITW)?
The best covered calls for Illinois Tool Works Inc. (ITW) reach up to 2.18% annualized yield (0.81% average on top strikes). 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 covered calls?
For Illinois Tool Works Inc. (ITW), key fundamentals include last price $299.44, P/E 26.3, market cap $81.4 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 covered calls for Illinois Tool Works Inc. (ITW)?
Use our Covered Calls screener with Illinois Tool Works Inc. (ITW) pre-loaded: filter by premium yield, DTE (14-day or 30-day windows), delta, and implied volatility (36.2% avg IV on this page).
What is the average premium yield for Illinois Tool Works Inc. (ITW) covered calls?
Average premium yield for Illinois Tool Works Inc. (ITW) covered calls is 0.81%, with top contracts up to 2.18%. Yields move with strike, expiration, and IV (avg 36.2%, peak 54.1%).
Is Illinois Tool Works Inc. (ITW) a good stock for covered calls?
Illinois Tool Works Inc. (ITW) offers covered calls with yields up to 2.18%. 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) covered calls?
Top contracts on this page use medium-term expirations. Filter any DTE in the screener for Illinois Tool Works Inc. (ITW).
How does implied volatility affect Illinois Tool Works Inc. (ITW) covered calls?
IV drives option premiums: Illinois Tool Works Inc. (ITW) averages 36.2% IV (peak 54.1%). Higher IV can mean richer premiums but more price swing—balance yield with delta and DTE.