ITW
Illinois Tool WorksPrices and gamma are point-in-time snapshots taken at the time shown. Dealer positioning is an assumption, not an observable: open interest shows that a contract exists, never which side a dealer holds. How dealer gamma is computed.
LIVE MARKET SNAPSHOT
| Call Wall | 290 |
| Put Wall | 260 |
| GEX Flip | 260 |
| Vol Trigger | 280 |
| Net GEX | $945K |
Cached snapshot as of 2026-09-16 06:11 UTC, live streaming data in the terminal.
ITW DEALER GAMMA BY STRIKE
Part of the SquawkFlow GEX Calculator: gamma by strike for any US stock. Compare with SPX GEX.
Net gamma exposure at each strike near ITW's spot price, signed from the dealer perspective, calls positive, puts negative. Green strikes are where hedging tends to dampen moves; red is where it tends to amplify them. Dealer positioning is an assumption rather than an observable, so treat these as a map of where hedging pressure concentrates, not a forecast.
Unit: USD of dealer gamma per 1 percent move in spot. A window of the ITW option chain, not the whole book: the 30 strikes nearest spot out of 36 seen, 360 contract rows spanning 6 expirations. Gamma is taken as the chain publishes it per contract; nothing here is re-priced. Crossed with the open interest carried on that chain.
New to these levels? Start with the call wall and put wall, or the zero gamma level where the sign of dealer hedging flips.
| Strike | Net GEX | Call GEX | Put GEX | Concentration |
|---|---|---|---|---|
| 150 | $0 | $0 | $0 | |
| 155 | $0 | $0 | $0 | |
| 160 | $0 | $0 | $0 | |
| 165 | $0 | $0 | $0 | |
| 170 | $0 | $0 | $0 | |
| 175 | $0 | $0 | $0 | |
| 180 | $0 | $0 | $0 | |
| 185 | $0 | $0 | $0 | |
| 190 | $0 | $0 | $0 | |
| 195 | $0 | $0 | $0 | |
| 200 | $0 | $0 | $0 | |
| 210 | $0 | $0 | $0 | |
| 220 | $0 | $0 | $0 | |
| 230 | $0 | $0 | $0 | |
| 240 | $4.7K | $4.7K | $0 | |
| 250 | $0 | $0 | $0 | |
| 260PUT WALLGEX FLIP | -$29.4K | $0 | -$29.4K | |
| 270SPOT | -$9.2K | $70.1K | -$79.4K | |
| 280 | $44.2K | $44.2K | $0 | |
| 290CALL WALL | $739.4K | $739.4K | $0 | |
| 300 | $116.1K | $116.6K | -$505 | |
| 310 | $79.2K | $79.2K | $0 | |
| 320 | $0 | $0 | $0 | |
| 330 | $0 | $0 | $0 | |
| 340 | $0 | $0 | $0 | |
| 350 | $0 | $0 | $0 | |
| 360 | $0 | $0 | $0 | |
| 370 | $0 | $0 | $0 | |
| 380 | $0 | $0 | $0 | |
| 390 | $0 | $0 | $0 |
These levels were captured September 16, 2026 from the open interest carried on the option chain. New levels post before each market open. Today's SPX gamma levels.
ABOUT ITW
Illinois Tool Works is a diversified manufacturer operating seven segments: automotive OEM, food equipment, test and measurement, welding, polymers and fluids, construction products, and specialty products. ITW is known for its 80/20 front-to-back management process that focuses resources on the highest-impact products and customers.
WHY TRACK ITW ON SQUAWKFLOW
ITW options flow is a quality industrial compounder signal. Institutional covered call activity and dividend-capture strategies in ITW often reflect broader views on industrial margin sustainability.
ITW DATA ON SQUAWKFLOW
Options Flow
ITW options flow, unusual activity, and volume concentrations from the session chain
Latest Snapshot
Last ITW price, change, volume, and the current dealer-gamma regime
GEX Dashboard
ITW gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of ITW market microstructure in real time
News Sentiment
ITW news with AI sentiment scoring and impact analysis
Sector Context
Industrial sector rotation and relative strength vs peers
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