LAUR Cash-Secured Put Strategy
LAUR (Laureate Education, Inc.), in the Consumer Defensive sector, (Education & Training Services industry), listed on NASDAQ.
Laureate Education, Inc., operating alongside its various subsidiaries, delivers a diverse array of higher education services and academic programs to students via an extensive network of universities and specialized educational institutions. Its offerings encompass both undergraduate and postgraduate degree courses, spanning disciplines such as business administration, healthcare and medical sciences, and engineering and information technology. These programs are accessible through on-campus instruction, fully online formats, or blended (hybrid) learning models. The company extends its educational reach to students in Mexico, Peru, and the United States. Established in 1989, and originally known as Sylvan Learning Systems, Inc. before rebranding in May 2004, Laureate Education, Inc. maintains its corporate headquarters in Miami, Florida.
LAUR (Laureate Education, Inc.) trades in the Consumer Defensive sector, specifically Education & Training Services, with a market capitalization of approximately $5.10B, a trailing P/E of 16.19, a beta of 0.45 versus the broader market, a 52-week range of 24.977-40.925, average daily share volume of 1.3M, a public-listing history dating back to 2017, approximately 34K 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 0.45 indicates LAUR has historically moved less than the broader market, dampening realized volatility and producing tighter expected-move bands per unit of dollar exposure. LAUR pays a dividend, which adjusts put-call parity and shifts the ex-dividend pricing across the listed chain.
What is a cash-secured put on LAUR?
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.
LAUR snapshot
As of August 14, 2026, spot at $37.55, ATM IV 38.70%, IV rank 25.33%, expected move 11.09%. The cash-secured put on LAUR 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 cash-secured put structure on LAUR specifically: LAUR IV at 38.70% is on the cheap side of its 1-year range, which means a premium-selling LAUR cash-secured put collects less credit per unit of strike-width risk, with a market-implied 1-standard-deviation move of approximately 11.09% (roughly $4.17 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 LAUR expiries trade a higher absolute premium for lower per-day decay. Position sizing on LAUR should anchor to the underlying notional of $37.55 per share and to the trader's directional view on LAUR stock.
LAUR cash-secured put setup
The LAUR 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 LAUR at $37.55 on that close, the first option leg uses a $35.67 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 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 LAUR shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Put | $35.67 | N/A |
LAUR 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.
LAUR cash-secured put payoff curve
Modeled P&L at expiration across a range of underlying prices for the cash-secured put 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 cash-secured put on LAUR
Cash-secured puts on LAUR earn premium while a trader waits to acquire LAUR stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning LAUR.
LAUR thesis for this cash-secured put
The market-implied 1-standard-deviation range for LAUR extends from approximately $33.38 on the downside to $41.72 on the upside. A LAUR cash-secured put lets a trader earn premium while waiting to acquire LAUR 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 LAUR IV rank near 25.33% 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 LAUR at 38.70%. 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 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. 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. Short-premium structures like a cash-secured put on LAUR carry tail risk when realized volatility exceeds the implied move; review historical LAUR earnings reactions and macro stress periods before sizing. Always rebuild the position from current LAUR chain quotes before placing a trade.
Frequently asked questions
- What is a cash-secured put on LAUR?
- A cash-secured put on LAUR is the cash-secured put strategy applied to LAUR (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 LAUR stock at $37.55 on the most recent close, the strikes shown on this page are snapped to the nearest listed LAUR chain strike and the premiums come straight from that session's bid/ask midpoint.
- How are LAUR 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 LAUR cash-secured put priced from the end-of-day chain at a 30-day expiry (ATM IV 38.70%), 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 LAUR cash-secured put?
- The breakeven for the LAUR cash-secured put 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 LAUR market-implied 1-standard-deviation expected move in the same options snapshot is approximately 11.09%; 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 LAUR?
- Cash-secured puts on LAUR earn premium while a trader waits to acquire LAUR stock at a target strike below the current quote; most attractive when IV is rich and the trader is comfortable owning LAUR.
- How does current LAUR implied volatility affect this cash-secured put?
- LAUR ATM IV is at 38.70% with IV rank near 25.33%, 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.