310 calls and 161 puts traded on Nov 4, 2026, 471 contracts in total. Open interest was 5.15K contracts. Over the past 30 days, volume averaged 169 contracts per day. The MAC option volume chart shows volume by strike and expiration date.

Macerich IV rank is 16, so its 30-day implied volatility of 47.0% is near the bottom of its one-year range. Over the past year it ranged from 23.6% on Sep 3, 2026 to 174.0% on Jul 17, 2026. See the MAC implied volatility history for a longer view.

The Macerich put/call volume ratio was 0.52 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 0.20. The MAC open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Macerich options about one week from expiration was $23.34, 9.9% below the $25.90 close. The MAC max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 44.0%, options price a move of about ±$1.58 (±6.1%) over the next week, a range of roughly $24.32 to $27.48 from the Nov 4, 2026 close. The MAC expected move chart shows it for every expiration date.