Macy's, Inc. (M) Options History

Historical options analytics archive for M with monthly max pain, implied volatility, gamma exposure, and put/call data.

230 months of complete options data available.

M monthly aggregates over the last 6 months: ATM IV, max pain, net GEX, and put/call ratioAverage ATM IVAverage ATM IV46%48%50%52%54%56%58%26-0226-0326-0426-0526-0626-07MonthIVMonth-End Max PainMonth-End Max Pain$18$19$20$21$22$2326-0226-0326-0426-0526-0626-07MonthStrike ($)Month-End Net GEXMonth-End Net GEX$0$500.0K$1.0M$1.5M$2.0M$2.5M26-0226-0326-0426-0526-0626-07MonthGEXAverage P/C RatioAverage P/C Ratio0.600.700.800.901.001.101.2026-0226-0326-0426-0526-0626-07MonthP/C
Month-by-month aggregates from the M daily snapshot archive. IV and P/C are averages across days in the month; max pain and net GEX are end-of-month values.

M monthly aggregates

Month-by-month rollups derived from the daily snapshot archive for M. Volatility and put/call columns are averages across trading days within the month; max pain, net GEX, and net DEX are the end-of-month values (last trading day of the month).

MonthDaysAvg ATM IVAvg IV RankEnd Max PainEnd Net GEXEnd Net DEXAvg P/C
2026-072246.2%28.5%$22.00$929.6K-$90.2M0.74
2026-062145.3%25.7%$23.00$676.2K-$65.8M0.61
2026-052058.5%64.9%$21.00$2.5M-$83.2M0.50
2026-042146.1%23.0%$20.00$125.9K-$39.5M0.58
2026-032259.0%28.9%$18.00-$27.9K-$17.8M1.21
2026-021959.7%29.8%$19.00$415.2K-$19.6M0.76

This archive aggregates M's daily end-of-day options snapshots into monthly summaries, spanning 2007-06 through 2026-07. Each month rolls up the underlying snapshot archive, which provides continuous end-of-day coverage from 2007 to present: implied-volatility levels, IV rank, and the put/call ratio are time-averaged across the month; total call and put volume are summed; and dealer positioning (net gamma and delta exposure) and the max-pain strike are taken at the month's final trading day. The result is a long-horizon view of how M option pricing, volatility regime, and dealer hedging pressure evolved month over month, useful for backtesting strategy assumptions and for studying volatility-regime shifts around earnings and macro events. The most recent aggregated month (2026-07) shows an average ATM implied volatility near 46.2%, a month-end max-pain strike around $22.00, an average put/call ratio of 0.74.

2026

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2025

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2024

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2023

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2022

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2021

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2020

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2019

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2018

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2017

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2016

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2015

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2014

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2013

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2012

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2011

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2010

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2009

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2008

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2007

Jun | Jul | Aug | Sep | Oct | Nov | Dec

Frequently asked M history questions

How much options history is available for M?
This archive holds 230 months of M options analytics, spanning 2007-06 through 2026-07. Each entry is a monthly rollup of M's daily end-of-day options snapshot record, which provides continuous coverage from 2007 to present. Use the year-grouped links on this page to jump to any specific month within the M archive.
What data does each monthly M aggregate contain?
Every monthly row summarizes that month of M option activity: time-averaged ATM implied volatility and IV rank, the month-end max-pain strike, end-of-month net dealer gamma (GEX) and delta (DEX) exposure, the average put/call ratio, and total call and put volume. For example, 2026-07 recorded an average ATM implied volatility near 46.2%, an average IV rank of 28.5%, a month-end max-pain strike around $22.00, an average put/call ratio of 0.74.
How is the M options-history archive built and how often does it update?
The archive is derived from M's daily end-of-day options snapshots, which capture spot, the full listed chain, implied volatility, and dealer-positioning exposures each trading day. Those daily records are rolled up into the monthly summaries shown here and refreshed as new end-of-day data lands. Traders use the long-horizon view to backtest strategy assumptions, study how M's volatility regime shifts around earnings and macro events, and compare current dealer positioning against historical norms.