Option Greeks measure how FedEx Corporation (FDX) 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. FDX 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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FDX 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 FDX Greeks charts?
Gamma, theta, and vega are largest for strikes near the FedEx 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 FDX's Greeks?
FedEx IV rank is 56, 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 1.1% to 47.1%. See the FDX implied volatility history for a longer view.
How much gamma and delta do FDX options carry in total?
Across all open FedEx options on Nov 4, 2026, net gamma exposure was $31.73M and net delta exposure was $639.13M per 1% move in the stock. The FDX gamma exposure chart shows where that gamma sits by strike.
What is FedEx Corporation?
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider.