Workhorse Stock Options

WKHS Stock  USD 0.81  0.03  3.57%   
Workhorse's latest option contracts expiring on January 16th 2026 are carrying combined implied volatility of 1.77 with a put-to-call open interest ratio of 0.06 over 32 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on January 16th 2026.

Open Interest Against January 16th 2026 Option Contracts

Workhorse option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Workhorse's lending market. For example, when Workhorse's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Workhorse, he or she must hedge the risk by shorting Workhorse stock over its option's life.
The chart above shows Workhorse's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Workhorse's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Workhorse's option, there is no secondary market available for investors to trade.

In The Money vs. Out of Money Option Contracts on Workhorse

Analyzing Workhorse's in-the-money options over time can help investors to take a profitable long position in Workhorse regardless of its overall volatility. This is especially true when Workhorse's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Workhorse's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Workhorse's stock while costing only a fraction of its price.

Workhorse Group In The Money Call Balance

When Workhorse's strike price is surpassing the current stock price, the option contract against Workhorse Group stock is said to be in the money. When it comes to buying Workhorse's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Workhorse Group are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Workhorse Current Options Market Mood

Workhorse's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Workhorse Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most Workhorse's options investors are not very successful. Workhorse's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Workhorse contract

Base on the Rule 16, the options market is currently suggesting that Workhorse Group will have an average daily up or down price movement of about 0.11% per day over the life of the 2026-01-16 option contract. With Workhorse trading at USD 0.81, that is roughly USD 8.96E-4. If you think that the market is fully incorporating Workhorse's daily price movement you should consider buying Workhorse Group options at the current volatility level of 1.77%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Workhorse options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Workhorse calls. Remember, the seller must deliver Workhorse Group stock to the call owner when a call is exercised.

Workhorse Option Chain

When Workhorse's strike price is surpassing the current stock price, the option contract against Workhorse Group stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Workhorse's option chain is a display of a range of information that helps investors for ways to trade options on Workhorse. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Workhorse. It also shows strike prices and maturity days for a Workhorse against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
WKHS260116C0000700013667.00.0 - 0.10.1Out
Call
WKHS260116C00005500505.50.0 - 0.10.1Out
Call
WKHS260116C0000500012205.00.0 - 0.050.05Out
Call
WKHS260116C00004500104.50.0 - 0.10.1Out
Call
WKHS260116C000040003434.00.0 - 0.050.05Out
Call
WKHS260116C000035001373.50.0 - 0.10.1Out
Call
WKHS260116C000030005563.00.0 - 0.050.05Out
Call
WKHS260116C000025003932.50.0 - 0.10.1Out
Call
WKHS260116C000020004352.00.0 - 0.050.05Out
Call
WKHS260116C000015008621.50.0 - 0.050.05Out
Call
WKHS260116C0000100022311.00.0 - 0.10.1In
Call
WKHS260116C00000500174710.50.0 - 0.050.05In
Call
WKHS1260116C0000500012005.00.0 - 0.050.05Out
Call
WKHS1260116C000040005124.00.0 - 0.050.05Out
Call
WKHS1260116C000030005563.00.0 - 0.050.05Out
Call
WKHS1260116C000020002932.00.0 - 0.050.05Out
Call
WKHS1260116C000015008891.50.0 - 0.050.05Out
Call
WKHS1260116C0000100036731.00.0 - 0.050.05Out
Call
WKHS1260116C00000500157440.50.0 - 0.050.05Out
 Put
WKHS260116P0000700017.06.4 - 7.46.4In
 Put
WKHS260116P0000550005.55.0 - 5.85.0In
 Put
WKHS260116P0000500005.04.6 - 5.64.6In
 Put
WKHS260116P0000450004.54.0 - 4.84.0In
 Put
WKHS260116P00004000504.03.8 - 4.13.8In
 Put
WKHS260116P0000350003.53.0 - 3.83.0In
 Put
WKHS260116P0000300003.02.6 - 3.52.6In
 Put
WKHS260116P0000250052.52.05 - 2.82.05In
 Put
WKHS260116P0000200002.01.75 - 2.351.75In
 Put
WKHS260116P0000150001.51.25 - 1.851.25In
 Put
WKHS260116P0000050014890.50.2 - 0.50.35Out
 Put
WKHS1260116P00004000504.03.8 - 4.03.8Out
 Put
WKHS1260116P0000050010960.50.2 - 0.50.2Out

Workhorse Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Workhorse Total Stockholder Equity

Total Stockholder Equity

45.86 Million

At this time, Workhorse's Total Stockholder Equity is comparatively stable compared to the past year.

Workhorse Corporate Management

Joshua AndersonExecutive OperationsProfile
Kerry RoraffChief OfficerProfile
Gregory AckersonPrincipal OfficerProfile
Stan MarchVice CommunicationsProfile
James CPAChief OfficerProfile
Robert CMAChief OfficerProfile

Additional Tools for Workhorse Stock Analysis

When running Workhorse's price analysis, check to measure Workhorse's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Workhorse is operating at the current time. Most of Workhorse's value examination focuses on studying past and present price action to predict the probability of Workhorse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workhorse's price. Additionally, you may evaluate how the addition of Workhorse to your portfolios can decrease your overall portfolio volatility.