LAUR Bear Put Spread Strategy
LAUR (Laureate Education, Inc.), in the Consumer Defensive sector, (Education & Training Services industry), listed on NASDAQ.
Laureate Education, Inc., together with its subsidiaries, provides higher education programs and services to students through a network of universities and higher education institutions. The company offers a range of undergraduate and graduate degree programs in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs. It provides its services in Mexico, Peru, and the United States. The company was formerly known as Sylvan Learning Systems, Inc. and changed its name to Laureate Education, Inc. in May 2004. Laureate Education, Inc. was founded in 1989 and is headquartered in Miami, Florida.
LAUR (Laureate Education, Inc.) trades in the Consumer Defensive sector, specifically Education & Training Services, with a market capitalization of approximately $4.57B, a trailing P/E of 16.63, a beta of 0.46 versus the broader market, a 52-week range of 21.16-37.91, average daily share volume of 1.9M, a public-listing history dating back to 2017, approximately 32K full-time employees. These structural characteristics shape how LAUR stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 0.46 indicates LAUR 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 bear put spread on LAUR?
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.
Current LAUR snapshot
As of May 13, 2026, spot at $32.62, ATM IV 45.30%, IV rank 49.36%, expected move 12.99%. The bear put spread on LAUR 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 36-day expiry.
Why this bear put spread structure on LAUR specifically: LAUR IV at 45.30% 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 12.99% (roughly $4.24 on the underlying). The 36-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated LAUR expiries trade a higher absolute premium for lower per-day decay. Position sizing on LAUR should anchor to the underlying notional of $32.62 per share and to the trader's directional view on LAUR stock.
LAUR bear put spread setup
The LAUR 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 LAUR near $32.62, the first option leg uses a $32.62 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed LAUR chain at a 36-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 LAUR shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 1 | Put | $32.62 | N/A |
| Sell 1 | Put | $30.99 | N/A |
LAUR 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.
LAUR bear put spread payoff curve
Modeled P&L at expiration across a range of underlying prices for the bear put spread on LAUR. 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 LAUR
Bear put spreads on LAUR reduce the cost of a bearish LAUR stock position by selling a lower-strike put; suited to moderate-decline theses where price reaches but does not vastly exceed the short strike.
LAUR thesis for this bear put spread
The market-implied 1-standard-deviation range for LAUR extends from approximately $28.38 on the downside to $36.86 on the upside. A LAUR bear put spread caps both the risk and the reward of a bearish position; relative to an outright long put on LAUR, the spread reduces the cost basis but limits the maximum profit to the strike width minus net debit. Current LAUR IV rank near 49.36% is mid-range against its 1-year distribution, so the IV signal is neutral; the bear put spread thesis on LAUR should anchor more to the directional view and the expected-move geometry. As a Consumer Defensive name, LAUR options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to LAUR-specific events.
LAUR 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. LAUR positions also carry Consumer Defensive sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move LAUR alongside the broader basket even when LAUR-specific fundamentals are unchanged. Long-premium structures like a bear put spread on LAUR 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 LAUR chain quotes before placing a trade.
Frequently asked questions
- What is a bear put spread on LAUR?
- A bear put spread on LAUR is the bear put spread strategy applied to LAUR (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 LAUR stock trading near $32.62, the strikes shown on this page are snapped to the nearest listed LAUR chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are LAUR 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 LAUR bear put spread priced from the end-of-day chain at a 30-day expiry (ATM IV 45.30%), 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 LAUR bear put spread?
- The breakeven for the LAUR bear put spread 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 LAUR market-implied 1-standard-deviation expected move is approximately 12.99%; 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 LAUR?
- Bear put spreads on LAUR reduce the cost of a bearish LAUR 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 LAUR implied volatility affect this bear put spread?
- LAUR ATM IV is at 45.30% with IV rank near 49.36%, 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.