Macerich (MAC) Options Chain

NYSE: MACReal EstateReal Estate Investment TrustsUSD

22.25+0.05 (+0.23%)

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

Expiration date

Expiration: Mar 19, 2027
Days to expiration: 160
Share price: $22.25
Put/call ratio (OI): 0.29
Put/call ratio (volume): 0.31
ATM implied volatility: 20.7%
Expected move: ±$3.05
Open interest (C / P): 514 / 149

MAC options summary

The MAC options chain for the March 19, 2027 expiration lists 15 call and 7 put contracts, with 160 days until expiration. Open interest stands at 514 calls and 149 puts, a put/call ratio of 0.29, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $22.00 strike is 20.7%, which implies the market expects a move of about ±$3.05 (13.7%) in Macerich stock by expiration.

The most open interest sits at the $27.00 call (138 contracts) and the $20.00 put (121 contracts).

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

MAC options chain · March 19, 2027

MAC 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
—	—	—	—	—	—	15.00	0.00	0.95	0.21	55.1%	3	8
—	—	—	—	—	—	18.00	0.20	0.85	0.55	45.4%	—	2
5	1	51.2%	4.37	3.50	4.70	19.00	0.05	1.85	0.70	59.4%	—	3
7	2	49.0%	4.40	2.80	4.00	20.00	0.30	2.05	0.95	54.7%	50	121
136	34	46.0%	3.46	2.10	3.30	21.00	0.65	2.95	1.15	62.3%	2	13
80	1	40.6%	2.07	1.40	2.50	22.00	0.00	0.00	1.27	0.8%	2	0
MAC $22.25
8	3	39.4%	1.98	0.15	2.00	23.00	—	—	—	—	—	—
3	—	49.1%	1.63	0.65	2.20	24.00	—	—	—	—	—	—
53	1	56.4%	1.02	0.15	2.30	25.00	2.80	4.00	3.30	38.1%	1	2
65	1	39.1%	0.87	0.10	1.05	26.00	—	—	—	—	—	—
138	134	39.4%	0.60	0.00	0.85	27.00	—	—	—	—	—	—
6	2	36.4%	0.50	0.00	0.55	28.00	—	—	—	—	—	—
2	5	35.7%	0.35	0.00	0.40	29.00	—	—	—	—	—	—
5	5	38.7%	0.35	0.00	0.40	30.00	—	—	—	—	—	—
2	—	53.5%	0.85	0.00	0.75	32.00	—	—	—	—	—	—
3	1	56.3%	0.10	0.00	0.75	33.00	—	—	—	—	—	—
1	—	50.4%	0.55	0.00	0.75	35.00	—	—	—	—	—	—

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 MAC put/call ratio?

For the March 19, 2027 expiration, the MAC put/call ratio based on open interest is 0.29 (149 puts vs 514 calls), and 0.31 based on today's volume. A ratio above 1 means more puts than calls.

What is MAC's implied volatility?

At-the-money implied volatility for MAC options expiring March 19, 2027 is about 20.7%, an annualized estimate of how much the market expects Macerich stock to move.

How many MAC option expiration dates are there?

MAC has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 2027.

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.