AISP Long Put Strategy

AISP (Airship AI Holdings, Inc.), in the Technology sector, (Software - Infrastructure industry), listed on NASDAQ.

Based in the U.S., Airship AI Holdings, Inc. delivers an artificial intelligence-powered surveillance solution that unifies video, sensor, and data management capabilities. Its product portfolio includes Airship Acropolis OS for both IP and traditional analog video surveillance; Airship Command, a comprehensive set of visualization tools enabling users to analyze data and evidence collected at the network edge; and Airship Outpost, which facilitates high-definition recording along with customizable low-bit rate video stream encoding. Their clientele spans various sectors, including governmental bodies, the public sector, law enforcement agencies, military operations, and commercial enterprises. Previously operating as Super Simple AI, Inc., the company officially adopted the name Airship AI Holdings, Inc. in March 2023. Established in 2006, its corporate headquarters are situated in Redmond, Washington.

AISP (Airship AI Holdings, Inc.) trades in the Technology sector, specifically Software - Infrastructure, with a market capitalization of approximately $79.2M, a trailing P/E of 16.16, a beta of 0.50 versus the broader market, a 52-week range of 2.03-7.2, average daily share volume of 643K, a public-listing history dating back to 2021, approximately 53 full-time employees. These structural characteristics shape how AISP stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 0.50 indicates AISP has historically moved less than the broader market, dampening realized volatility and producing tighter expected-move bands per unit of dollar exposure.

What is a long put on AISP?

A long put buys downside exposure with a fixed maximum loss equal to the premium paid; profit accrues if the underlying closes below the strike minus premium at expiration.

Current AISP snapshot

As of June 30, 2026, spot at $2.42, ATM IV 115.20%, IV rank 26.86%, expected move 33.03%. The long put on AISP below is built from the same end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 17-day expiry.

Why this long put structure on AISP specifically: AISP IV at 115.20% is on the cheap side of its 1-year range, which favors premium-buying structures like a AISP long put, with a market-implied 1-standard-deviation move of approximately 33.03% (roughly $0.80 on the underlying). The 17-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated AISP expiries trade a higher absolute premium for lower per-day decay. Position sizing on AISP should anchor to the underlying notional of $2.42 per share and to the trader's directional view on AISP stock.

AISP long put setup

The AISP long put below is built from the end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With AISP near $2.42, the first option leg uses a $2.42 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed AISP chain at a 17-day expiry; the cross-strike IV skew is reflected directly in the per-leg values rather than approximated. Quantity sizing assumes one contract per option leg (or 100 AISP shares for the stock leg in covered calls and collars).

ActionTypeStrike / BasisPremium (est)
Buy 1Put$2.42N/A

AISP long put risk and reward

Net Premium / Debit
N/A
Max Profit (per contract)
Unbounded
Max Loss (per contract)
Unbounded
Breakeven(s)
None on modeled curve
Risk / Reward Ratio
N/A

Max profit equals the strike minus premium times 100 (reached at zero); max loss equals the premium times 100. Breakeven is strike minus premium.

AISP long put payoff curve

Modeled P&L at expiration across a range of underlying prices for the long put on AISP. Each row is one sampled price point from the computed payoff curve; the full curve uses 200 price points internally before being summarized into 10 rows here.

When traders use long put on AISP

Long puts on AISP hedge an existing long AISP stock position or express a bearish view with defined risk; position sizing typically scales the put notional to the underlying AISP exposure being hedged.

AISP thesis for this long put

The market-implied 1-standard-deviation range for AISP extends from approximately $1.62 on the downside to $3.22 on the upside. A AISP long put expresses a directional view that the underlying closes below the strike minus premium at expiration, frequently sized to hedge an existing long AISP position with one put per 100 shares held. Current AISP IV rank near 26.86% sits in the lower third of its 1-year distribution, where IV often re-expands toward the mean; this favors premium-buying structures and disadvantages premium-selling structures on AISP at 115.20%. As a Technology name, AISP options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to AISP-specific events.

AISP long put positions are structurally bearish; the modeled P&L assumes European-style exercise at expiration and ignores early assignment, transaction costs, dividends paid before expiry on the stock leg (when present), and the bid-ask spread on the listed chain. AISP positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move AISP alongside the broader basket even when AISP-specific fundamentals are unchanged. Long-premium structures like a long put on AISP are particularly exposed to IV-crush risk through scheduled events (earnings, FDA decisions, central-bank meetings) where IV typically contracts post-event regardless of the directional outcome. Always rebuild the position from current AISP chain quotes before placing a trade.

Frequently asked questions

What is a long put on AISP?
A long put on AISP is the long put strategy applied to AISP (stock). The strategy is structurally bearish: A long put buys downside exposure with a fixed maximum loss equal to the premium paid; profit accrues if the underlying closes below the strike minus premium at expiration. With AISP stock trading near $2.42, the strikes shown on this page are snapped to the nearest listed AISP chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
How are AISP long put max profit and max loss calculated?
Max profit equals the strike minus premium times 100 (reached at zero); max loss equals the premium times 100. Breakeven is strike minus premium. For the AISP long put priced from the end-of-day chain at a 30-day expiry (ATM IV 115.20%), the computed maximum profit is unbounded per contract and the computed maximum loss is unbounded per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a AISP long put?
The breakeven for the AISP long put priced on this page is no defined breakeven on the modeled curve at expiration, derived from end-of-day chain premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The current AISP market-implied 1-standard-deviation expected move is approximately 33.03%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
When should you consider a long put on AISP?
Long puts on AISP hedge an existing long AISP stock position or express a bearish view with defined risk; position sizing typically scales the put notional to the underlying AISP exposure being hedged.
How does current AISP implied volatility affect this long put?
AISP ATM IV is at 115.20% with IV rank near 26.86%, which is on the low end of its 1-year range. Premium-buying structures (long call, long put, debit spreads) are relatively cheap in this regime; premium-selling structures collect less credit per unit risk.

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