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).

Gamma, theta, and vega are largest for strikes near the Navient 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.

Navient IV rank is 37, so implied volatility is in the lower part 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 17.9% to 159.5%. See the NAVI implied volatility history for a longer view.

Across all open Navient options on Nov 4, 2026, net gamma exposure was $14.27K and net delta exposure was $330.49K per 1% move in the stock. The NAVI gamma exposure chart shows where that gamma sits by strike.

Navient Holdings Inc provides technology-enabled education finance solutions that simplify complex programs and help millions of people achieve success.