How are VFC 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 VFC long put priced from the August 14, 2026 end-of-day chain at a 30-day expiry (ATM IV 39.87%), the computed maximum profit is $1,423.50 per contract and the computed maximum loss is -$75.50 per contract. Live intraday quotes will differ as the chain moves through the trading session.

What is the breakeven for a VFC long put?

The breakeven for the VFC long put priced on this page is roughly $14.25 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 VFC market-implied 1-standard-deviation expected move in the same options snapshot is approximately 11.43%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.

How does current VFC implied volatility affect this long put?

VFC ATM IV is at 39.87% with IV rank near 0.00%, 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.

VFC Long Put Strategy

VFC (V.F. Corporation), in the Consumer Cyclical sector, (Apparel - Manufacturers industry), listed on NYSE.

V.F. Corporation, operating with its subsidiaries, specializes in the global design, sourcing, marketing, and distribution of branded lifestyle apparel, footwear, and complementary products. Catering to men, women, and children, its offerings reach markets across the Americas, Europe, and Asia-Pacific. The company structures its operations into three distinct segments: Outdoor, Active, and Work. Its expansive product portfolio includes a wide array of apparel, such as outdoor wear, casual and lifestyle clothing, and items crafted from merino wool and other natural fibers. It also provides a diverse selection of footwear, ranging from outdoor-inspired and performance-oriented styles to action sports, streetwear, and protective work footwear.

VFC (V.F. Corporation) trades in the Consumer Cyclical sector, specifically Apparel - Manufacturers, with a market capitalization of approximately $5.85B, a trailing P/E of 21.27, a beta of 0.97 versus the broader market, a 52-week range of 12.6-22.27, average daily share volume of 7.7M, a public-listing history dating back to 1980, approximately 26K full-time employees. These structural characteristics shape how VFC stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 0.97 places VFC roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline. VFC pays a dividend, which adjusts put-call parity and shifts the ex-dividend pricing across the listed chain.

What is a long put on VFC?

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.

VFC snapshot

As of August 14, 2026, spot at $14.84, ATM IV 39.87%, IV rank 0.00%, expected move 11.43%. The long put on VFC 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 VFC specifically: VFC IV at 39.87% is on the cheap side of its 1-year range, which favors premium-buying structures like a VFC long put, with a market-implied 1-standard-deviation move of approximately 11.43% (roughly $1.70 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 VFC expiries trade a higher absolute premium for lower per-day decay. Position sizing on VFC should anchor to the underlying notional of $14.84 per share and to the trader's directional view on VFC stock.

VFC long put setup

The VFC 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 VFC at $14.84 on that close, the first option leg uses a $15.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed VFC 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 VFC shares for the stock leg in covered calls and collars).

Action	Type	Strike / Basis	Premium (est)
Buy 1	Put	$15.00	$0.76

VFC long put risk and reward

Net Premium / Debit: -$75.50
Max Profit (per contract): $1,423.50
Max Loss (per contract): -$75.50
Breakeven(s): $14.25
Risk / Reward Ratio: 18.854

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

VFC long put payoff curve

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

P&L at expiration across the modeled underlying-price range. Green shading marks profitable regions, red shading marks loss regions. Dotted purple verticals mark breakevens; the solid dark vertical marks current spot.

Underlying Price	% From Spot	P&L at Expiration
$0.01	-99.9%	+$1,423.50
$3.29	-77.8%	+$1,095.49
$6.57	-55.7%	+$767.48
$9.85	-33.6%	+$439.47
$13.13	-11.5%	+$111.46
$16.41	+10.6%	-$75.50
$19.69	+32.7%	-$75.50
$22.97	+54.8%	-$75.50
$26.25	+76.9%	-$75.50
$29.53	+99.0%	-$75.50

When traders use long put on VFC

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

VFC thesis for this long put

The market-implied 1-standard-deviation range for VFC extends from approximately $13.14 on the downside to $16.54 on the upside. A VFC long put expresses a directional view that the underlying closes below the strike minus premium at expiration, frequently sized to hedge an existing long VFC position with one put per 100 shares held. Current VFC IV rank near 0.00% 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 VFC at 39.87%. As a Consumer Cyclical name, VFC options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to VFC-specific events.

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

Frequently asked questions

What is a long put on VFC?: A long put on VFC is the long put strategy applied to VFC (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 VFC stock at $14.84 on the August 14, 2026 close, the strikes shown on this page are snapped to the nearest listed VFC chain strike and the premiums come straight from that session's bid/ask midpoint.
How are VFC 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 VFC long put priced from the August 14, 2026 end-of-day chain at a 30-day expiry (ATM IV 39.87%), the computed maximum profit is $1,423.50 per contract and the computed maximum loss is -$75.50 per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a VFC long put?: The breakeven for the VFC long put priced on this page is roughly $14.25 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 VFC market-implied 1-standard-deviation expected move in the same options snapshot is approximately 11.43%; 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 VFC?: Long puts on VFC hedge an existing long VFC stock position or express a bearish view with defined risk; position sizing typically scales the put notional to the underlying VFC exposure being hedged.
How does current VFC implied volatility affect this long put?: VFC ATM IV is at 39.87% with IV rank near 0.00%, 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.