McCormick & Company, IncorporatClose $46.70EOD only
Max Pain
$50.00
Next expiry Jun 18, 2026
Expected Move
±$3.95
8.5% from close
Price Gap
+3.30
Distance to max pain
IV Rank
24
Low premium
P/C OI
0.68
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects MKC 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 — MKC
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $50.00 (3.30 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$50.00
Nearest expiry
Expected Move
±$3.95
±8.5%
Days to Expiry
29
Calendar days
Total Call OI
10,557
Nearest expiry
Total Put OI
5,659
Nearest expiry
P/C OI Ratio
0.54
Put-heavy
Spot Price
$46.70
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
$50.00
4/17/2026, 11:16:03 PM
2026-05-15
$50.00
5/15/2026, 11:27:22 PM
2026-06-18NextUpdated
$50.00
5/20/2026, 11:21:16 PM
2026-07-17
$50.00
5/20/2026, 11:21:16 PM
2026-09-18
$50.00
5/20/2026, 11:21:16 PM
2026-12-18
$55.00
5/20/2026, 11:21:16 PM
2027-01-15
$60.00
5/20/2026, 11:21:16 PM
2027-03-19
$55.00
5/20/2026, 11:21:16 PM
Selected expiration: 2026-06-18 at max pain $50.00.
MKC pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
6339000
6339000
40
0
3591500
3591500
45
24500
1673500
1698000
50
832500
589500
1422000
55
3134500
44000
3178500
60
6510000
7500
6517500
65
10143500
4500
10148000
70
13909500
2000
13911500
75
18334000
500
18334500
80
23284000
0
23284000
85
28445000
0
28445000
90
33611500
0
33611500
95
38889000
0
38889000
100
44167000
0
44167000
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.