LAUR Collar 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 collar on LAUR?
A collar pairs long stock with a protective out-of-the-money put financed by a short out-of-the-money call, capping both tails of the position around the current spot.
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 collar 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 collar structure on LAUR specifically: IV regime affects collar pricing on both sides; mid-range LAUR IV at 45.30% typically pushes the short call premium to roughly offset the long put cost, 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 collar setup
The LAUR collar 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 $34.25 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 100 shares | Stock | $32.62 | long |
| Sell 1 | Call | $34.25 | N/A |
| Buy 1 | Put | $30.99 | N/A |
LAUR collar 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 roughly equals short-call strike minus cost basis plus net premium; max loss roughly equals cost basis minus long-put strike minus net premium. Breakeven shifts by the net premium.
LAUR collar payoff curve
Modeled P&L at expiration across a range of underlying prices for the collar 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 collar on LAUR
Collars on LAUR hedge an existing long LAUR stock position; the long put sets a floor while the short call finances it, often run as a near-zero-cost hedge during expected volatility windows.
LAUR thesis for this collar
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 collar hedges an existing long LAUR position with a protective put while financing the put cost via a short call; when the premiums roughly offset, the collar acts as a near-zero-cost insurance band around the current spot. Current LAUR IV rank near 49.36% is mid-range against its 1-year distribution, so the IV signal is neutral; the collar 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 collar positions are structurally neutral (protective); 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. Always rebuild the position from current LAUR chain quotes before placing a trade.
Frequently asked questions
- What is a collar on LAUR?
- A collar on LAUR is the collar strategy applied to LAUR (stock). The strategy is structurally neutral (protective): A collar pairs long stock with a protective out-of-the-money put financed by a short out-of-the-money call, capping both tails of the position around the current spot. 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 collar max profit and max loss calculated?
- Max profit roughly equals short-call strike minus cost basis plus net premium; max loss roughly equals cost basis minus long-put strike minus net premium. Breakeven shifts by the net premium. For the LAUR collar 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 collar?
- The breakeven for the LAUR collar 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 collar on LAUR?
- Collars on LAUR hedge an existing long LAUR stock position; the long put sets a floor while the short call finances it, often run as a near-zero-cost hedge during expected volatility windows.
- How does current LAUR implied volatility affect this collar?
- 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.