McCormick & Company, IncorporatClose $55.28EOD only
Max Pain
$50.00
Next expiry Aug 21, 2026
Expected Move
±$1.33
2.4% from close
Price Gap
-5.28
Distance to max pain
IV Rank
20
Low premium
P/C OI
0.51
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 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
Aug 18, 2026 close
Max Pain — MKC
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $50.00 (5.28 below 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
±$1.33
±2.4%
Days to Expiry
3
Calendar days
Total Call OI
4,934
Nearest expiry
Total Put OI
3,132
Nearest expiry
P/C OI Ratio
0.63
Put-heavy
Spot Price
$55.28
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$45.00
6/18/2026, 11:26:15 PM
2026-07-17
$50.00
7/17/2026, 11:27:27 PM
2026-08-21NextUpdated
$50.00
8/18/2026, 11:19:20 PM
2026-09-18
$50.00
8/18/2026, 11:19:20 PM
2026-12-18
$55.00
8/18/2026, 11:19:20 PM
2027-01-15
$55.00
8/18/2026, 11:19:20 PM
2027-03-19
$50.00
8/18/2026, 11:19:20 PM
2027-06-17
$50.00
8/18/2026, 11:19:20 PM
Selected expiration: 2026-08-21 at max pain $50.00.
MKC pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
6840500
6840500
30
0
5274500
5274500
35
1000
3708500
3709500
40
2000
2165000
2167000
45
3000
697000
700000
50
19000
61500
80500
55
1157500
1000
1158500
60
3153000
0
3153000
65
5597500
0
5597500
70
8061500
0
8061500
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.