In 1894-95 he was an editor of Zorya magazine, later — of Bukovyna newspaper. Since 1899 O. Makovey worked as a teacher at the teacher's seminary in Chernivtsi. In 1901 he got a doctor's degree on philosophy for the research work about P. Kulish creative work. During the I World War he served at the Austrian army as an interpreter. After the war O. Makovey was the manager of the teacher's seminary in Zalishchyky.
О. Маkovey began his literary activities at the end of 1880s. He is the author of the poetry collections 'Poems' (1895), 'Trip to Kyiv' (1897), etc. But more fully he realized himself as a writer of short stories united into collections 'Our acquaintances' (1901), 'Stories', 'Blood Field' (1921), etc.
The writer also studied the creative work of I. Franko, Lesia Ukrainka, P. Hrabovsky and others. His pen names are Spectator, О. Stepanovych.