The word ending <olic> is nearly always pronounced ˈɒlɪk and the first of its syllables bears the main stress of the word. Here are some examples of this:
alcoholic apostolic colic diabolic diastolic frolic metabolic shambolic symbolic systolic vitriolic
The word folic can be pronounced either ˈfɒlɪk or ˈfəʊlɪk. Catholic is pronounced ˈkæθəlɪk or ˈkæθlɪk.