International Flavors & FragranClose $74.43EOD only
Max Pain
$75.00
Next expiry Jun 18, 2026
Expected Move
±$5.30
7.1% from close
Price Gap
+0.57
Distance to max pain
IV Rank
0
Low premium
P/C OI
1.12
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects IFF options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — IFF
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $75.00 (0.57 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$5.30
±7.1%
Days to Expiry
29
Calendar days
Total Call OI
2,255
Nearest expiry
Total Put OI
3,240
Nearest expiry
P/C OI Ratio
1.44
Put-heavy
Spot Price
$74.43
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$70.00
4/17/2026, 11:15:36 PM
2026-05-15
$72.50
5/15/2026, 11:19:32 PM
2026-06-18NextUpdated
$75.00
5/20/2026, 11:17:50 PM
2026-08-21
$77.50
5/20/2026, 11:17:50 PM
2026-09-18
$77.50
5/20/2026, 11:17:50 PM
2026-11-20
$75.00
5/20/2026, 11:17:50 PM
2026-12-18
$75.00
5/20/2026, 11:17:50 PM
2027-03-19
$67.50
5/20/2026, 11:17:50 PM
Selected expiration: 2026-06-18 at max pain $75.00.
IFF pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
37.5
0
10528000
10528000
40
0
9730250
9730250
42.5
0
8946500
8946500
45
0
8163000
8163000
47.5
250
7381000
7381250
50
500
6599500
6600000
52.5
1250
5877750
5879000
55
2000
5156500
5158500
57.5
2750
4438250
4441000
60
3500
3726750
3730250
62.5
16750
3032250
3049000
65
31000
2411000
2442000
67.5
77500
1802250
1879750
70
138250
1201500
1339750
72.5
215750
687250
903000
75
302000
190500
492500
77.5
487250
36250
523500
80
704500
6500
711000
82.5
1060750
1250
1062000
85
1447500
1000
1448500
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.