Option Greeks measure how COPT Defense Properties (CDP) 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. CDP implied volatility is near the bottom of its one-year range, which keeps delta and gamma in a narrower range of strikes than usual.
Upgrade to view higher order greeks (Vanna, Charm, and Vomma) and multiple expiration dates.
CDP 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 CDP Greeks charts?
Gamma, theta, and vega are largest for strikes near the COPT Defense Properties 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 CDP's Greeks?
COPT Defense Properties IV rank is 4, 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 17.8% to 176.3%. See the CDP implied volatility history for a longer view.
How much gamma and delta do CDP options carry in total?
Across all open COPT Defense Properties options on Nov 4, 2026, net gamma exposure was $3.46K and net delta exposure was $52.42K per 1% move in the stock. The CDP gamma exposure chart shows where that gamma sits by strike.
What is COPT Defense Properties?
COPT Defense Properties is a fully-integrated and self-managed real estate investment trust (REIT) focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S.