Option Greeks measure how Meta Platforms Inc (META) 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. META 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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META 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 META Greeks charts?
Gamma, theta, and vega are largest for strikes near the Meta Platforms 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 META's Greeks?
Meta Platforms IV rank is 55, 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 23.5% to 57.2%. See the META implied volatility history for a longer view.
How much gamma and delta do META options carry in total?
Across all open Meta Platforms options on Nov 6, 2026, net gamma exposure was $361.12M and net delta exposure was $9.83B per 1% move in the stock. The META gamma exposure chart shows where that gamma sits by strike.
What is Meta Platforms Inc?
Meta is the largest social media company in the world, boasting more than 3.5 billion monthly active users worldwide.