Option Greeks measure how Eaton Corporation plc (ETN) 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. ETN implied volatility is near the top of its one-year range, which spreads delta and gamma over a wider range of strikes than usual.
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ETN 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 ETN Greeks charts?
Gamma, theta, and vega are largest for strikes near the Eaton 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 ETN's Greeks?
Eaton IV rank is 83, so implied volatility is near the top 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 28.9% to 52.8%. See the ETN implied volatility history for a longer view.
How much gamma and delta do ETN options carry in total?
Across all open Eaton options on Nov 4, 2026, net gamma exposure was -$9.0M and net delta exposure was -$629.34M per 1% move in the stock. The ETN gamma exposure chart shows where that gamma sits by strike.
What is Eaton Corporation plc?
Founded in 1911 by Joseph Eaton, the eponymous company began by selling truck axles in New Jersey.