Option Greeks measure how AutoNation Inc (AN) 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.
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AN 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 AN Greeks charts?
Gamma, theta, and vega are largest for strikes near the AutoNation 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 AN's Greeks?
AutoNation IV rank is 9, so implied volatility is near the bottom 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 25.8% to 155.1%. See the AN implied volatility history for a longer view.
How much gamma and delta do AN options carry in total?
Across all open AutoNation options on Nov 11, 2026, net gamma exposure was $389.72K and net delta exposure was $14.44M per 1% move in the stock. The AN gamma exposure chart shows where that gamma sits by strike.
What is AutoNation Inc?
AutoNation is the second-largest automotive dealer in the United States, with 2025 revenue of $27.6 billion and over 245 dealerships, plus 52 collision centers.