GURE Long Put Strategy
GURE (Gulf Resources, Inc.), in the Basic Materials sector, (Chemicals - Specialty industry), listed on NASDAQ.
Gulf Resources, Inc., through its subsidiaries, manufactures and trades bromine and crude salt, chemical products, and natural gas in the People's Republic of China. It provides bromine for use in bromine compounds, intermediates in organic synthesis, brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants. The company also offers crude salt for use as a material in alkali and chlorine alkali production; and for use in the chemical, food and beverage, and other industries. In addition, it manufactures and sells chemical products for use in oil and gas field exploration, oil and gas distribution, oil field drilling, papermaking chemical agents, and inorganic chemicals, as well as materials that are used for human and animal antibiotics. The company is based in Shouguang, the People's Republic of China.
GURE (Gulf Resources, Inc.) trades in the Basic Materials sector, specifically Chemicals - Specialty, with a market capitalization of approximately $5.9M, a beta of -0.36 versus the broader market, a 52-week range of 2.04-11.83, average daily share volume of 55K, a public-listing history dating back to 2006, approximately 367 full-time employees. These structural characteristics shape how GURE stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of -0.36 indicates GURE 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 GURE?
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 GURE snapshot
As of May 15, 2026, spot at $4.22. The long put on GURE 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 30-day expiry.
Why this long put structure on GURE specifically: IV rank is unavailable in the current snapshot, so regime-based timing for GURE is inferred from ATM IV alone. The 30-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated GURE expiries trade a higher absolute premium for lower per-day decay. Position sizing on GURE should anchor to the underlying notional of $4.22 per share and to the trader's directional view on GURE stock.
GURE long put setup
The GURE 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 GURE near $4.22, the first option leg uses a $4.22 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed GURE chain at a 30-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 GURE shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 1 | Put | $4.22 | N/A |
GURE 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.
GURE long put payoff curve
Modeled P&L at expiration across a range of underlying prices for the long put on GURE. 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 GURE
Long puts on GURE hedge an existing long GURE stock position or express a bearish view with defined risk; position sizing typically scales the put notional to the underlying GURE exposure being hedged.
GURE thesis for this long put
A GURE long put expresses a directional view that the underlying closes below the strike minus premium at expiration, frequently sized to hedge an existing long GURE position with one put per 100 shares held. As a Basic Materials name, GURE options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to GURE-specific events.
GURE 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. GURE positions also carry Basic Materials sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move GURE alongside the broader basket even when GURE-specific fundamentals are unchanged. Long-premium structures like a long put on GURE 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 GURE chain quotes before placing a trade.
Frequently asked questions
- What is a long put on GURE?
- A long put on GURE is the long put strategy applied to GURE (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 GURE stock trading near $4.22, the strikes shown on this page are snapped to the nearest listed GURE chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are GURE 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 GURE long put priced from the end-of-day chain at a 30-day expiry (ATM IV the current ATM IV), 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 GURE long put?
- The breakeven for the GURE 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.
- When should you consider a long put on GURE?
- Long puts on GURE hedge an existing long GURE stock position or express a bearish view with defined risk; position sizing typically scales the put notional to the underlying GURE exposure being hedged.
- How does current GURE implied volatility affect this long put?
- Current GURE ATM IV is the current ATM IV; IV rank context is unavailable in the current snapshot.