POET Long Put Strategy

POET (POET Technologies Inc.), in the Technology sector, (Semiconductors industry), listed on NASDAQ.

POET Technologies Inc., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products and services for commercial applications in the United States, Canada, Singapore, and China. The company offers photonic integrated packaging solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices onto a single chip using advanced wafer-level semiconductor manufacturing techniques. It also designs and develops photonic integrated circuits and optical engines based on the POET Optical Interposer platform. The company serves the data center; tele-communications; 5G interconnect markets, such as PON and GPON, and edge computing for machine-to-machine communications; and sensing markets, including LIDAR, Optical Coherence Tomography for medical devices, and virtual reality systems, as well as light source markets. The company has a strategic collaboration with Lite-On Technology Corporation to develop optical modules for AI applications. POET Technologies Inc. was formerly known as Opel Technologies Inc. and changed its name to POET Technologies Inc. in June 2013.

POET (POET Technologies Inc.) trades in the Technology sector, specifically Semiconductors, with a market capitalization of approximately $1.17B, a beta of 0.82 versus the broader market, a 52-week range of 3.87-20.81, average daily share volume of 33.6M, a public-listing history dating back to 2008, approximately 80 full-time employees. These structural characteristics shape how POET stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 0.82 places POET roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline.

What is a long put on POET?

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.

POET snapshot

As of August 14, 2026, spot at $9.57, ATM IV 95.10%, IV rank 33.88%, expected move 27.26%. The long put on POET below is built from the August 14, 2026 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 long put structure on POET specifically: POET IV at 95.10% 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 27.26% (roughly $2.61 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 POET expiries trade a higher absolute premium for lower per-day decay. Position sizing on POET should anchor to the underlying notional of $9.57 per share and to the trader's directional view on POET stock.

POET long put setup

The POET long put below is built from the August 14, 2026 end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With POET at $9.57 on that close, the first option leg uses a $9.50 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed POET 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 POET shares for the stock leg in covered calls and collars).

POET long put risk and reward

Net Premium / Debit

-$98.50

Max Profit (per contract)

$850.50

Max Loss (per contract)

-$98.50

Breakeven(s)

$8.52

Risk / Reward Ratio

8.635

Max profit equals the strike minus premium times 100 (reached at zero); max loss equals the premium times 100. Breakeven is strike minus premium.

POET long put payoff curve

Modeled P&L at expiration across a range of underlying prices for the long put on POET. 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 POET

Long puts on POET hedge an existing long POET stock position or express a bearish view with defined risk; position sizing typically scales the put notional to the underlying POET exposure being hedged.

POET thesis for this long put

The market-implied 1-standard-deviation range for POET extends from approximately $6.96 on the downside to $12.18 on the upside. A POET long put expresses a directional view that the underlying closes below the strike minus premium at expiration, frequently sized to hedge an existing long POET position with one put per 100 shares held. Current POET IV rank near 33.88% is mid-range against its 1-year distribution, so the IV signal is neutral; the long put thesis on POET should anchor more to the directional view and the expected-move geometry. As a Technology name, POET options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to POET-specific events.

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

Frequently asked questions

What is a long put on POET?

A long put on POET is the long put strategy applied to POET (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 POET stock at $9.57 on the August 14, 2026 close, the strikes shown on this page are snapped to the nearest listed POET chain strike and the premiums come straight from that session's bid/ask midpoint.

How are POET 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 POET long put priced from the August 14, 2026 end-of-day chain at a 30-day expiry (ATM IV 95.10%), the computed maximum profit is $850.50 per contract and the computed maximum loss is -$98.50 per contract. Live intraday quotes will differ as the chain moves through the trading session.

What is the breakeven for a POET long put?

The breakeven for the POET long put priced on this page is roughly $8.52 at expiration, derived from the August 14, 2026 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 POET market-implied 1-standard-deviation expected move in the same options snapshot is approximately 27.26%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.

When should you consider a long put on POET?

Long puts on POET hedge an existing long POET stock position or express a bearish view with defined risk; position sizing typically scales the put notional to the underlying POET exposure being hedged.

How does current POET implied volatility affect this long put?

POET ATM IV is at 95.10% with IV rank near 33.88%, 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.

Related POET analysis

• Long Put strategy reference
• POET options overview
• POET P&L curve (full chain)
• POET options chain
• POET volatility skew