ALTI Long Put Strategy
ALTI (AlTi Global, Inc.), in the Financial Services sector, (Asset Management - Global industry), listed on NASDAQ.
AlTi Global, Inc. provides wealth and asset management services individuals, families, foundations, and institutions in the United States and internationally. The company offers discretionary investment management, non-discretionary investment advisory, trust, and administration services, as well as family office services comprising wealth transfer planning, multi-generational education planning, wealth and asset strategy, trust and fiduciary, chief financial officers and outsourced family office, philanthropy, and lifestyle and special projects services. It also provides merchant banking services, such as merger and acquisition advisory, corporate broker, private placements, public company and initial public offering advisory, strategic advisory, independent board advice, and structured finance advisory services; and corporate advisory, brokerage, and placement agency services to entrepreneurs and companies. The company offers investment strategy, asset allocation, investment manager selection, risk management, portfolio construction and implementation, and reporting. In addition, it manages or advises in combined assets; structures, arranges, and provides investors with co-investment opportunities in various alternative assets; manages and advises public and private investment funds; and invests in and supports financial services professionals, as well as provides impact investing advisory, investment manager selection, monitoring, and due diligence services. Further, the company offers coordination of legal-related and strategic business planning, wealth transfer planning, estate planning, research on trustee placement and multi-generational education planning, administrative, tax planning and concierge, and other services.
ALTI (AlTi Global, Inc.) trades in the Financial Services sector, specifically Asset Management - Global, with a market capitalization of approximately $484.1M, a beta of 0.75 versus the broader market, a 52-week range of 2.96-5.445, average daily share volume of 152K, a public-listing history dating back to 2021, approximately 430 full-time employees. These structural characteristics shape how ALTI stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 0.75 places ALTI roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline.
What is a long put on ALTI?
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 ALTI snapshot
As of May 15, 2026, spot at $3.49, ATM IV 91.10%, IV rank 23.91%, expected move 26.12%. The long put on ALTI 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 34-day expiry.
Why this long put structure on ALTI specifically: ALTI IV at 91.10% is on the cheap side of its 1-year range, which favors premium-buying structures like a ALTI long put, with a market-implied 1-standard-deviation move of approximately 26.12% (roughly $0.91 on the underlying). The 34-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated ALTI expiries trade a higher absolute premium for lower per-day decay. Position sizing on ALTI should anchor to the underlying notional of $3.49 per share and to the trader's directional view on ALTI stock.
ALTI long put setup
The ALTI 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 ALTI near $3.49, the first option leg uses a $3.49 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed ALTI chain at a 34-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 ALTI shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 1 | Put | $3.49 | N/A |
ALTI 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.
ALTI long put payoff curve
Modeled P&L at expiration across a range of underlying prices for the long put on ALTI. 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 ALTI
Long puts on ALTI hedge an existing long ALTI stock position or express a bearish view with defined risk; position sizing typically scales the put notional to the underlying ALTI exposure being hedged.
ALTI thesis for this long put
The market-implied 1-standard-deviation range for ALTI extends from approximately $2.58 on the downside to $4.40 on the upside. A ALTI long put expresses a directional view that the underlying closes below the strike minus premium at expiration, frequently sized to hedge an existing long ALTI position with one put per 100 shares held. Current ALTI IV rank near 23.91% 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 ALTI at 91.10%. As a Financial Services name, ALTI options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to ALTI-specific events.
ALTI 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. ALTI positions also carry Financial Services sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move ALTI alongside the broader basket even when ALTI-specific fundamentals are unchanged. Long-premium structures like a long put on ALTI 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 ALTI chain quotes before placing a trade.
Frequently asked questions
- What is a long put on ALTI?
- A long put on ALTI is the long put strategy applied to ALTI (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 ALTI stock trading near $3.49, the strikes shown on this page are snapped to the nearest listed ALTI chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are ALTI 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 ALTI long put priced from the end-of-day chain at a 30-day expiry (ATM IV 91.10%), 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 ALTI long put?
- The breakeven for the ALTI 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 ALTI market-implied 1-standard-deviation expected move is approximately 26.12%; 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 ALTI?
- Long puts on ALTI hedge an existing long ALTI stock position or express a bearish view with defined risk; position sizing typically scales the put notional to the underlying ALTI exposure being hedged.
- How does current ALTI implied volatility affect this long put?
- ALTI ATM IV is at 91.10% with IV rank near 23.91%, 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.