Macerich (MAC)
Macerich Max Pain By Strike
MAC trades at $17.37, 2.2% above the near-term max pain of $17 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($10-$95), signaling increased put positioning or downside protection. Key magnetic zone at 17 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Macerich Max Pain By Expiry
Max pain for MAC shows a downward trend from 95 to 10, indicating bearish sentiment or hedging activity. The 300% spread signals divergent expectations across timeframes. Most levels below 17.37 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 15, 2025 | 17 | -0.37 (-2.13%) |
| Sep 19, 2025 | 16 | -1.37 (-7.89%) |
| Oct 17, 2025 | 10 | -7.37 (-42.43%) |
| Dec 19, 2025 | 15 | -2.37 (-13.64%) |
| Jan 16, 2026 | 95 | 77.63 (446.92%) |
| Mar 20, 2026 | 17 | -0.37 (-2.13%) |