AMRC Bear Put Spread Strategy
AMRC (Ameresco, Inc.), in the Industrials sector, (Engineering & Construction industry), listed on NYSE.
Ameresco, Inc. operates as a clean technology integrator, offering a broad spectrum of solutions focused on energy efficiency and sustainable energy generation across the United States, Canada, and global markets. The company serves diverse businesses and organizations by implementing strategies for enhanced energy efficiency, critical infrastructure improvements, bolstered energy security and resilience, improved asset longevity, and the deployment of renewable energy systems. Its operations are structured into distinct segments: U.S. Regions, U.S. Federal, Canada, and Non-Solar Distributed Generation. Ameresco specializes in the conceptualization, development, engineering, and installation of projects specifically designed to lower energy consumption and decrease operational and maintenance (O&M) expenses for client facilities.
AMRC (Ameresco, Inc.) trades in the Industrials sector, specifically Engineering & Construction, with a market capitalization of approximately $1.47B, a trailing P/E of 51.63, a beta of 2.62 versus the broader market, a 52-week range of 18.38-44.93, average daily share volume of 620K, a public-listing history dating back to 2010, approximately 2K full-time employees. These structural characteristics shape how AMRC stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 2.62 indicates AMRC has historically moved more than the broader market, amplifying both the directional payoff and the realized volatility relative to an index-equivalent position. The trailing P/E of 51.63 is on the rich side, which tends to correlate with higher earnings-window IV expansion as the market debates whether forward growth supports the multiple.
What is a bear put spread on AMRC?
A bear put spread buys an at-the-money put and sells an out-of-the-money put at a lower strike for defined risk and defined reward bounded by the strike width.
AMRC snapshot
As of August 14, 2026, spot at $27.87, ATM IV 70.70%, IV rank 18.64%, expected move 20.27%. The bear put spread on AMRC below is built from the end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 35-day expiry.
Why this bear put spread structure on AMRC specifically: AMRC IV at 70.70% is on the cheap side of its 1-year range, which favors premium-buying structures like a AMRC bear put spread, with a market-implied 1-standard-deviation move of approximately 20.27% (roughly $5.65 on the underlying). The 35-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated AMRC expiries trade a higher absolute premium for lower per-day decay. Position sizing on AMRC should anchor to the underlying notional of $27.87 per share and to the trader's directional view on AMRC stock.
AMRC bear put spread setup
The AMRC bear put spread below is built from the end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With AMRC at $27.87 on that close, the first option leg uses a $27.87 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed AMRC chain at a 35-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 AMRC shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 1 | Put | $27.87 | N/A |
| Sell 1 | Put | $26.48 | N/A |
AMRC bear put spread 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 strike width minus net debit times 100; max loss equals net debit times 100. Breakeven is long-put strike minus net debit.
AMRC bear put spread payoff curve
Modeled P&L at expiration across a range of underlying prices for the bear put spread on AMRC. 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 bear put spread on AMRC
Bear put spreads on AMRC reduce the cost of a bearish AMRC stock position by selling a lower-strike put; suited to moderate-decline theses where price reaches but does not vastly exceed the short strike.
AMRC thesis for this bear put spread
The market-implied 1-standard-deviation range for AMRC extends from approximately $22.22 on the downside to $33.52 on the upside. A AMRC bear put spread caps both the risk and the reward of a bearish position; relative to an outright long put on AMRC, the spread reduces the cost basis but limits the maximum profit to the strike width minus net debit. Current AMRC IV rank near 18.64% 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 AMRC at 70.70%. As a Industrials name, AMRC options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to AMRC-specific events.
AMRC bear put spread positions are structurally moderately 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. AMRC positions also carry Industrials sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move AMRC alongside the broader basket even when AMRC-specific fundamentals are unchanged. Long-premium structures like a bear put spread on AMRC 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 AMRC chain quotes before placing a trade.
Frequently asked questions
- What is a bear put spread on AMRC?
- A bear put spread on AMRC is the bear put spread strategy applied to AMRC (stock). The strategy is structurally moderately bearish: A bear put spread buys an at-the-money put and sells an out-of-the-money put at a lower strike for defined risk and defined reward bounded by the strike width. With AMRC stock at $27.87 on the most recent close, the strikes shown on this page are snapped to the nearest listed AMRC chain strike and the premiums come straight from that session's bid/ask midpoint.
- How are AMRC bear put spread max profit and max loss calculated?
- Max profit equals strike width minus net debit times 100; max loss equals net debit times 100. Breakeven is long-put strike minus net debit. For the AMRC bear put spread priced from the end-of-day chain at a 30-day expiry (ATM IV 70.70%), 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 AMRC bear put spread?
- The breakeven for the AMRC bear put spread priced on this page is no defined breakeven on the modeled curve at expiration, derived from the end-of-day chain's premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The AMRC market-implied 1-standard-deviation expected move in the same options snapshot is approximately 20.27%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a bear put spread on AMRC?
- Bear put spreads on AMRC reduce the cost of a bearish AMRC stock position by selling a lower-strike put; suited to moderate-decline theses where price reaches but does not vastly exceed the short strike.
- How does current AMRC implied volatility affect this bear put spread?
- AMRC ATM IV is at 70.70% with IV rank near 18.64%, 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.