Option Greeks measure how iShares Core S&P 500 ETF (IVV) 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. IVV 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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IVV 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 IVV Greeks charts?
Gamma, theta, and vega are largest for strikes near the IVV 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 IVV's Greeks?
IVV IV rank is 57, 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 11.1% to 27.3%. See the IVV implied volatility history for a longer view.
How much gamma and delta do IVV options carry in total?
Across all open IVV options on Nov 6, 2026, net gamma exposure was $4.65M and net delta exposure was $113.53M per 1% move in the stock. The IVV gamma exposure chart shows where that gamma sits by strike.