AMRC Long 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 long put on AMRC?

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 AMRC snapshot

As of May 15, 2026, spot at $33.41, ATM IV 81.30%, IV rank 47.07%, expected move 23.31%. The long 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 long put structure on AMRC specifically: AMRC IV at 81.30% is mid-range versus its 1-year history, so strategy selection should anchor more to the directional thesis than to the IV regime, 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 long put setup

The AMRC 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 AMRC near $33.41, the first option leg uses a $33.41 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).

ActionTypeStrike / BasisPremium (est)
Buy 1Put$33.41N/A

AMRC 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.

AMRC long put payoff curve

Modeled P&L at expiration across a range of underlying prices for the long 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 long put on AMRC

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

AMRC thesis for this long 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 long put expresses a directional view that the underlying closes below the strike minus premium at expiration, frequently sized to hedge an existing long AMRC position with one put per 100 shares held. Current AMRC IV rank near 47.07% is mid-range against its 1-year distribution, so the IV signal is neutral; the long 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 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. 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 long put 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 long put on AMRC?
A long put on AMRC is the long put strategy applied to AMRC (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 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 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 AMRC long 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 long put?
The breakeven for the AMRC 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 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 long put on AMRC?
Long puts on AMRC hedge an existing long AMRC stock position or express a bearish view with defined risk; position sizing typically scales the put notional to the underlying AMRC exposure being hedged.
How does current AMRC implied volatility affect this long 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.

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