Option Greeks measure how Albemarle Corporation (ALB) option prices respond to changes in the stock price (delta and gamma), the passage of time (theta), implied volatility (vega), and interest rates (rho). These charts plot each Greek by strike, so you can see where an expiration's price risk, time decay, and volatility exposure are concentrated. ALB implied volatility is near the middle of its one-year range, so delta and gamma cover about their usual range of strikes.
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ALB Option Greeks FAQ
What are option Greeks?
Option Greeks measure how an option's price responds to changes in the stock price (delta and gamma), time (theta), implied volatility (vega), and interest rates (rho).
How do I read the ALB Greeks charts?
Gamma, theta, and vega are largest for strikes near the Albemarle stock price and shrink for strikes far above or below it. Theta grows as expiration gets closer, while vega is larger for expirations further out. Call delta runs from 0 to 1 and put delta from -1 to 0, near 0.50 and -0.50 at the money, and roughly estimates the chance that an option finishes in the money.
How does implied volatility affect ALB's Greeks?
Albemarle IV rank is 51, so implied volatility is near the middle of its one-year range. Higher implied volatility raises option premiums and daily time decay (theta), and spreads delta and gamma across a wider range of strikes. Over the past year, 30-day implied volatility ranged from 45.1% to 74.7%. See the ALB implied volatility history for a longer view.
How much gamma and delta do ALB options carry in total?
Across all open Albemarle options on Nov 4, 2026, net gamma exposure was $1.29M and net delta exposure was -$148.92M per 1% move in the stock. The ALB gamma exposure chart shows where that gamma sits by strike.
What is Albemarle Corporation?
Albemarle is one of the world's largest lithium producers.