Macerich Stock Options
| MAC Stock | USD 22.11 0.24 1.10% |
Macerich's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.37 with a put-to-call open interest ratio of 1.17 over 33 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on 2024-12-20. The total put volume is at 515, with calls trading at the volume of 515. This yields a 0.44 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows Macerich's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Macerich's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Macerich's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Macerich
Analyzing Macerich's in-the-money options over time can help investors to take a profitable long position in Macerich regardless of its overall volatility. This is especially true when Macerich's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Macerich's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Macerich's stock while costing only a fraction of its price.
Macerich's stock options are financial instruments that give investors the right to buy or sell shares of Macerich common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Macerich stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Macerich's stock price goes up or down, the stock options follow.
At present, Macerich's Common Stock Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 17.1 M, whereas Total Stockholder Equity is forecasted to decline to about 2.2 B. Macerich In The Money Call Balance
When Macerich's strike price is surpassing the current stock price, the option contract against Macerich Company stock is said to be in the money. When it comes to buying Macerich's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Macerich Company are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Macerich Current Options Market Mood
Macerich's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Macerich Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Unfortunately, most Macerich's options investors are not very successful. Macerich's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current Macerich contract
Base on the Rule 16, the options market is currently suggesting that Macerich Company will have an average daily up or down price movement of about 0.0231% per day over the life of the 2024-12-20 option contract. With Macerich trading at USD 22.11, that is roughly USD 0.005113. If you think that the market is fully incorporating Macerich's daily price movement you should consider buying Macerich Company options at the current volatility level of 0.37%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Macerich |
Purchasing Macerich options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Macerich calls. Remember, the seller must deliver Macerich Company stock to the call owner when a call is exercised.
Macerich Option Chain
When Macerich's strike price is surpassing the current stock price, the option contract against Macerich Company stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Macerich's option chain is a display of a range of information that helps investors for ways to trade options on Macerich. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Macerich. It also shows strike prices and maturity days for a Macerich against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Open Int | Expiration | Current Spread | Last Price | |||
Call | MAC Option Call 20-12-2024 8 | 2 | 2024-12-20 | 6.5 - 9.7 | 7.14 | In |
Call | MAC Option Call 20-12-2024 10 | 2 | 2024-12-20 | 3.4 - 7.1 | 4.1 | In |
Call | MAC Option Call 20-12-2024 11 | 24 | 2024-12-20 | 4.0 - 6.7 | 3.8 | In |
Call | MAC Option Call 20-12-2024 12 | 0 | 2024-12-20 | 0.0 - 0.0 | 7.95 | In |
Call | MAC Option Call 20-12-2024 13 | 0 | 2024-12-20 | 0.0 - 0.0 | 6.9 | In |
Call | MAC Option Call 20-12-2024 14 | 4 | 2024-12-20 | 0.0 - 0.0 | 5.95 | In |
Call | MAC Option Call 20-12-2024 15 | 7 | 2024-12-20 | 0.0 - 0.0 | 4.2 | In |
Call | MAC Option Call 20-12-2024 16 | 16 | 2024-12-20 | 0.0 - 0.0 | 4.95 | In |
Call | MAC Option Call 20-12-2024 17 | 411 | 2024-12-20 | 0.0 - 0.0 | 5.0 | In |
Call | MAC Option Call 20-12-2024 18 | 639 | 2024-12-20 | 0.0 - 0.0 | 2.93 | In |
Call | MAC Option Call 20-12-2024 19 | 2088 | 2024-12-20 | 0.0 - 0.0 | 3.0 | In |
Call | MAC Option Call 20-12-2024 20 | 1803 | 2024-12-20 | 0.0 - 0.0 | 2.0 | In |
Call | MAC Option Call 20-12-2024 21 | 661 | 2024-12-20 | 0.0 - 0.0 | 1.12 | In |
Call | MAC Option Call 20-12-2024 22 | 431 | 2024-12-20 | 0.0 - 0.0 | 0.49 | Out |
Call | MAC Option Call 20-12-2024 23 | 22 | 2024-12-20 | 0.0 - 0.0 | 0.17 | Out |
Call | MAC Option Call 20-12-2024 24 | 19 | 2024-12-20 | 0.05 - 0.0 | 0.05 | Out |
Call | MAC Option Call 20-12-2024 25 | 8 | 2024-12-20 | 0.0 - 0.0 | 0.1 | Out |
Call | MAC Option Call 20-12-2024 30 | 2 | 2024-12-20 | 0.0 - 0.0 | 0.03 | Out |
Put | MAC Option Put 20-12-2024 9 | 448 | 2024-12-20 | 0.0 - 0.1 | 0.05 | Out |
Put | MAC Option Put 20-12-2024 10 | 458 | 2024-12-20 | 0.0 - 0.1 | 0.05 | Out |
Put | MAC Option Put 20-12-2024 11 | 381 | 2024-12-20 | 0.0 - 0.3 | 0.16 | Out |
Put | MAC Option Put 20-12-2024 12 | 279 | 2024-12-20 | 0.0 - 0.1 | 0.05 | Out |
Put | MAC Option Put 20-12-2024 13 | 40 | 2024-12-20 | 0.0 - 0.0 | 0.05 | Out |
Put | MAC Option Put 20-12-2024 14 | 755 | 2024-12-20 | 0.0 - 0.15 | 0.15 | Out |
Put | MAC Option Put 20-12-2024 15 | 1357 | 2024-12-20 | 0.0 - 0.0 | 0.05 | Out |
Put | MAC Option Put 20-12-2024 16 | 1192 | 2024-12-20 | 0.0 - 0.0 | 0.1 | Out |
Put | MAC Option Put 20-12-2024 17 | 508 | 2024-12-20 | 0.0 - 0.0 | 0.1 | Out |
Put | MAC Option Put 20-12-2024 18 | 525 | 2024-12-20 | 0.0 - 0.0 | 0.2 | Out |
Put | MAC Option Put 20-12-2024 19 | 554 | 2024-12-20 | 0.0 - 0.0 | 0.05 | Out |
Put | MAC Option Put 20-12-2024 20 | 55 | 2024-12-20 | 0.0 - 0.0 | 0.2 | Out |
Put | MAC Option Put 20-12-2024 21 | 608 | 2024-12-20 | 0.0 - 0.0 | 0.24 | Out |
Put | MAC Option Put 20-12-2024 22 | 19 | 2024-12-20 | 0.0 - 0.0 | 0.55 | In |
Put | MAC Option Put 20-12-2024 23 | 5 | 2024-12-20 | 0.0 - 0.0 | 1.98 | In |
Macerich Market Cap Over Time
Market Cap |
| Timeline |
Macerich Total Stockholder Equity
Total Stockholder Equity |
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Macerich Corporate Directors
| Steven Soboroff | Independent Director | Profile | |
| John Alschuler | Independent Director | Profile | |
| Peggy Alford | Independent Director | Profile | |
| Diana Laing | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macerich Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Macerich. If investors know Macerich will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Macerich listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 39.711 | Dividend Share 0.68 | Earnings Share 0.36 | Revenue Per Share 3.639 | Quarterly Revenue Growth (0.03) |
The market value of Macerich is measured differently than its book value, which is the value of Macerich that is recorded on the company's balance sheet. Investors also form their own opinion of Macerich's value that differs from its market value or its book value, called intrinsic value, which is Macerich's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macerich's market value can be influenced by many factors that don't directly affect Macerich's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macerich's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macerich is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macerich's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.