Option Greeks measure how Horace Mann Educators Corporation (HMN) 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. HMN implied volatility is near the bottom of its one-year range, which keeps delta and gamma in a narrower range of strikes than usual.
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HMN 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 HMN Greeks charts?
Gamma, theta, and vega are largest for strikes near the Horace Mann Educators 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 HMN's Greeks?
Horace Mann Educators IV rank is 14, 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 27.3% to 180.4%. See the HMN implied volatility history for a longer view.
How much gamma and delta do HMN options carry in total?
Across all open Horace Mann Educators options on Nov 4, 2026, net gamma exposure was $8.39K and net delta exposure was $164.3K per 1% move in the stock. The HMN gamma exposure chart shows where that gamma sits by strike.
What is Horace Mann Educators Corporation?
Horace Mann Educators Corp is a diversified insurance holding company that markets and underwrites personal lines of property and casualty insurance, retirement annuities, and life insurance.