Option Greeks measure how Summit Hotel Properties Inc (INN) 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. INN 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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INN 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 INN Greeks charts?
Gamma, theta, and vega are largest for strikes near the Summit Hotel 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 INN's Greeks?
Summit Hotel Properties IV rank is 18, 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 24.9% to 199.1%. See the INN implied volatility history for a longer view.
How much gamma and delta do INN options carry in total?
Across all open Summit Hotel Properties options on Nov 4, 2026, net gamma exposure was $23.82K and net delta exposure was $297.57K per 1% move in the stock. The INN gamma exposure chart shows where that gamma sits by strike.
What is Summit Hotel Properties Inc?
Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S.