AMRC Cash-Secured Put Strategy
AMRC (Ameresco, Inc.), in the Industrials sector, (Engineering & Construction industry), listed on NYSE.
Ameresco, Inc., a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, and internationally. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations. The company operates through U.S. Regions, U.S. Federal, Canada, and Non-Solar Distributed Generation segments. It designs, develops, engineers, and installs projects that reduce the energy, as well as operations and maintenance (O&M) costs of its customers' facilities.
AMRC (Ameresco, Inc.) trades in the Industrials sector, specifically Engineering & Construction, with a market capitalization of approximately $1.53B, a trailing P/E of 48.68, a beta of 2.55 versus the broader market, a 52-week range of 12.95-44.93, average daily share volume of 524K, 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 2.55 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 48.68 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 cash-secured put on AMRC?
A cash-secured put sells an out-of-the-money put while holding cash equal to the strike-times-100 obligation, keeping the premium when the underlying stays above the strike.
Current AMRC snapshot
As of May 15, 2026, spot at $33.41, ATM IV 81.30%, IV rank 47.07%, expected move 23.31%. The cash-secured put on AMRC 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 cash-secured put structure on AMRC specifically: AMRC IV at 81.30% is mid-range versus its 1-year history, so the credit collected on a AMRC cash-secured put sits in line with its long-run distribution, with a market-implied 1-standard-deviation move of approximately 23.31% (roughly $7.79 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 AMRC expiries trade a higher absolute premium for lower per-day decay. Position sizing on AMRC should anchor to the underlying notional of $33.41 per share and to the trader's directional view on AMRC stock.
AMRC cash-secured put setup
The AMRC cash-secured 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 AMRC near $33.41, the first option leg uses a $31.74 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 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 AMRC shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Put | $31.74 | N/A |
AMRC cash-secured 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 premium times 100; max loss equals strike minus premium times 100 (at zero, assuming assignment). Breakeven is strike minus premium.
AMRC cash-secured put payoff curve
Modeled P&L at expiration across a range of underlying prices for the cash-secured put 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 cash-secured put on AMRC
Cash-secured puts on AMRC earn premium while a trader waits to acquire AMRC stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning AMRC.
AMRC thesis for this cash-secured put
The market-implied 1-standard-deviation range for AMRC extends from approximately $25.62 on the downside to $41.20 on the upside. A AMRC cash-secured put lets a trader earn premium while waiting to acquire AMRC at the strike price; the strategy is most attractive when the trader is comfortable holding the underlying at that level and IV is rich enough to compensate for the assignment risk. Current AMRC IV rank near 47.07% is mid-range against its 1-year distribution, so the IV signal is neutral; the cash-secured put thesis on AMRC should anchor more to the directional view and the expected-move geometry. 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 cash-secured put positions are structurally neutral to slightly bullish; 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. Short-premium structures like a cash-secured put on AMRC carry tail risk when realized volatility exceeds the implied move; review historical AMRC earnings reactions and macro stress periods before sizing. Always rebuild the position from current AMRC chain quotes before placing a trade.
Frequently asked questions
- What is a cash-secured put on AMRC?
- A cash-secured put on AMRC is the cash-secured put strategy applied to AMRC (stock). The strategy is structurally neutral to slightly bullish: A cash-secured put sells an out-of-the-money put while holding cash equal to the strike-times-100 obligation, keeping the premium when the underlying stays above the strike. With AMRC stock trading near $33.41, the strikes shown on this page are snapped to the nearest listed AMRC chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are AMRC cash-secured put max profit and max loss calculated?
- Max profit equals premium times 100; max loss equals strike minus premium times 100 (at zero, assuming assignment). Breakeven is strike minus premium. For the AMRC cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 81.30%), 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 cash-secured put?
- The breakeven for the AMRC cash-secured 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 AMRC market-implied 1-standard-deviation expected move is approximately 23.31%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a cash-secured put on AMRC?
- Cash-secured puts on AMRC earn premium while a trader waits to acquire AMRC stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning AMRC.
- How does current AMRC implied volatility affect this cash-secured put?
- AMRC ATM IV is at 81.30% with IV rank near 47.07%, which is mid-range against its 1-year history. Strategy selection depends more on directional thesis and expected move than on a strong IV signal.