How are MDB 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 MDB bear put spread priced from the end-of-day chain at a 30-day expiry (ATM IV 91.11%), the computed maximum profit is $740.00 per contract and the computed maximum loss is -$760.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.

What is the breakeven for a MDB bear put spread?

The breakeven for the MDB bear put spread priced on this page is roughly $302.40 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 MDB market-implied 1-standard-deviation expected move is approximately 26.12%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.

How does current MDB implied volatility affect this bear put spread?

MDB ATM IV is at 91.11% with IV rank near 87.87%, which is elevated relative to its 1-year range. Premium-selling structures (covered call, cash-secured put, iron condor) generally look more attractive when IV rank is high; premium-buying structures (long call, long put, debit spreads) are more expensive in that regime.

MDB Bear Put Spread Strategy

MDB (MongoDB, Inc.), in the Technology sector, (Software - Infrastructure industry), listed on NASDAQ.

MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It also provides professional services comprising consulting and training. The company was formerly known as 10gen, Inc. and changed its name to MongoDB, Inc. in August 2013. MongoDB, Inc. was incorporated in 2007 and is headquartered in New York, New York.

MDB (MongoDB, Inc.) trades in the Technology sector, specifically Software - Infrastructure, with a market capitalization of approximately $24.35B, a beta of 1.49 versus the broader market, a 52-week range of 182.43-444.72, average daily share volume of 1.9M, a public-listing history dating back to 2017, approximately 6K full-time employees. These structural characteristics shape how MDB stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 1.49 indicates MDB has historically moved more than the broader market, amplifying both the directional payoff and the realized volatility relative to an index-equivalent position.

What is a bear put spread on MDB?

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 MDB snapshot

As of May 15, 2026, spot at $311.96, ATM IV 91.11%, IV rank 87.87%, expected move 26.12%. The bear put spread on MDB 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 28-day expiry.

Why this bear put spread structure on MDB specifically: MDB IV at 91.11% is rich versus its 1-year range, which makes a premium-buying MDB bear put spread relatively expensive in absolute-cost terms, with a market-implied 1-standard-deviation move of approximately 26.12% (roughly $81.48 on the underlying). The 28-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated MDB expiries trade a higher absolute premium for lower per-day decay. Position sizing on MDB should anchor to the underlying notional of $311.96 per share and to the trader's directional view on MDB stock.

MDB bear put spread setup

The MDB 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 MDB near $311.96, the first option leg uses a $310.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed MDB chain at a 28-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 MDB shares for the stock leg in covered calls and collars).

Action	Type	Strike / Basis	Premium (est)
Buy 1	Put	$310.00	$30.20
Sell 1	Put	$295.00	$22.60

MDB bear put spread risk and reward

Net Premium / Debit: -$760.00
Max Profit (per contract): $740.00
Max Loss (per contract): -$760.00
Breakeven(s): $302.40
Risk / Reward Ratio: 0.974

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.

MDB bear put spread payoff curve

Modeled P&L at expiration across a range of underlying prices for the bear put spread on MDB. 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.

Underlying Price	% From Spot	P&L at Expiration
$0.01	-100.0%	+$740.00
$68.98	-77.9%	+$740.00
$137.96	-55.8%	+$740.00
$206.93	-33.7%	+$740.00
$275.91	-11.6%	+$740.00
$344.88	+10.6%	-$760.00
$413.86	+32.7%	-$760.00
$482.83	+54.8%	-$760.00
$551.81	+76.9%	-$760.00
$620.78	+99.0%	-$760.00

When traders use bear put spread on MDB

Bear put spreads on MDB reduce the cost of a bearish MDB stock position by selling a lower-strike put; suited to moderate-decline theses where price reaches but does not vastly exceed the short strike.

MDB thesis for this bear put spread

The market-implied 1-standard-deviation range for MDB extends from approximately $230.48 on the downside to $393.44 on the upside. A MDB bear put spread caps both the risk and the reward of a bearish position; relative to an outright long put on MDB, the spread reduces the cost basis but limits the maximum profit to the strike width minus net debit. Current MDB IV rank near 87.87% sits in the upper third of its 1-year distribution, which historically reverts; this raises the bar for premium-buying structures and lowers it for premium-selling structures on MDB at 91.11%. As a Technology name, MDB options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to MDB-specific events.

MDB 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. MDB positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move MDB alongside the broader basket even when MDB-specific fundamentals are unchanged. Long-premium structures like a bear put spread on MDB 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 MDB chain quotes before placing a trade.

Frequently asked questions

What is a bear put spread on MDB?: A bear put spread on MDB is the bear put spread strategy applied to MDB (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 MDB stock trading near $311.96, the strikes shown on this page are snapped to the nearest listed MDB chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
How are MDB 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 MDB bear put spread priced from the end-of-day chain at a 30-day expiry (ATM IV 91.11%), the computed maximum profit is $740.00 per contract and the computed maximum loss is -$760.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a MDB bear put spread?: The breakeven for the MDB bear put spread priced on this page is roughly $302.40 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 MDB market-implied 1-standard-deviation expected move is approximately 26.12%; 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 MDB?: Bear put spreads on MDB reduce the cost of a bearish MDB 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 MDB implied volatility affect this bear put spread?: MDB ATM IV is at 91.11% with IV rank near 87.87%, which is elevated relative to its 1-year range. Premium-selling structures (covered call, cash-secured put, iron condor) generally look more attractive when IV rank is high; premium-buying structures (long call, long put, debit spreads) are more expensive in that regime.