Macy's (M) Options Chain

NYSE: MConsumer DiscretionaryDepartment/Specialty Retail StoresUSD

22.67-0.12 (-0.53%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 19, 2029
Days to expiration: 831
Share price: $22.67
Put/call ratio (OI): 0.06
Put/call ratio (volume): 0.17
ATM implied volatility: 51.2%
Expected move: ±$17.52
Open interest (C / P): 248 / 14

M options summary

The M options chain for the January 19, 2029 expiration lists 8 call and 4 put contracts, with 831 days until expiration. Open interest stands at 248 calls and 14 puts, a put/call ratio of 0.06, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $22.00 strike is 51.2%, which implies the market expects a move of about ±$17.52 (77.3%) in Macy's stock by expiration.

The most open interest sits at the $32.00 call (74 contracts) and the $18.00 put (5 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

M options chain · January 19, 2029

M calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
—	—	—	—	—	—	13.00	0.00	5.00	1.45	61.0%	—	1
2	—	60.7%	9.64	7.15	11.10	15.00	—	—	—	—	—	—
29	1	57.6%	7.14	5.50	9.40	18.00	2.69	3.20	2.86	43.5%	2	5
51	3	54.7%	6.88	4.50	8.25	20.00	1.18	6.00	2.51	58.4%	2	4
69	5	54.3%	6.03	4.00	7.45	22.00	2.00	6.00	4.80	48.1%	—	4
M $22.67
13	10	47.0%	4.90	2.50	5.50	25.00	—	—	—	—	—	—
4	1	53.9%	4.10	2.00	5.85	27.00	—	—	—	—	—	—
6	1	54.9%	3.77	1.08	5.25	30.00	—	—	—	—	—	—
74	2	59.9%	3.48	0.82	5.50	32.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the M put/call ratio?

For the January 19, 2029 expiration, the M put/call ratio based on open interest is 0.06 (14 puts vs 248 calls), and 0.17 based on today's volume. A ratio above 1 means more puts than calls.

What is M's implied volatility?

At-the-money implied volatility for M options expiring January 19, 2029 is about 51.2%, an annualized estimate of how much the market expects Macy's stock to move.

How many M option expiration dates are there?

M has 15 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.