WKHS251017P00001000 Option on Workhorse Group

WKHS Stock  USD 2.06  0.08  3.74%   
WKHS251017P00001000 is a PUT option contract on Workhorse's common stock with a strick price of 1.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 88 days remaining before the expiration. The option is currently trading at a bid price of $0.65, and an ask price of $1.0. The implied volatility as of the 21st of July is 88.0.
When exercised, put options on Workhorse produce a short position in Workhorse Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Workhorse's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Workhorse Group will have an average daily up or down price movement of about 0.26% per day over the life of the option. With Workhorse trading at USD 2.06, that is roughly USD 0.005369. If you think that the market is fully understating Workhorse's daily price movement you should consider buying Workhorse Group options at that current volatility level of 4.17%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Workhorse

An 'Out of The Money' option on Workhorse has a strike price that Workhorse Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Workhorse's 'Out of The Money' options include buying the options if you expect a big move in Workhorse's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Put Contract NameWKHS251017P00001000
Expires On2025-10-17
Days Before Expriration88
Vega0.001034
Gamma0.045336
Theoretical Value0.83
Open Interest70
Strike Price1.0
Current Price Spread0.65 | 1.0
Rule 16 Daily Up or DownUSD 0.005369

Workhorse short PUT Option Greeks

Workhorse's Option Greeks for the contract ending on 2025-10-17 at a strike price of 1.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Workhorse's option greeks, its implied volatility helps estimate the risk of Workhorse stock implied by the prices of the options on Workhorse's stock.
Delta-0.073409
Gamma0.045336
Theta-0.001192
Vega0.001034
Rho-0.002972

Workhorse long PUT Option Payoff at expiration

Put options written on Workhorse grant holders of the option the right to sell a specified amount of Workhorse at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Workhorse Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Workhorse is like buying insurance aginst Workhorse's downside shift.
   Profit   
       Workhorse Price At Expiration  

Workhorse short PUT Option Payoff at expiration

By selling Workhorse's put option, the investors signal their bearish sentiment. A short position in a put option written on Workhorse will generally make money when the underlying price is above the strike price. Therefore Workhorse's put payoff at expiration depends on where the Workhorse Stock price is relative to the put option strike price. The breakeven price of 0.17 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Workhorse's price. Finally, at the strike price of 1.0, the payoff chart is constant and positive.
   Profit   
       Workhorse Price At Expiration  
View All Workhorse Options

Workhorse Group Available Put Options

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
 Put
WKHS251017P0000400004.03.5 - 4.33.5In
 Put
WKHS251017P0000300003.02.5 - 3.32.5In
 Put
WKHS251017P0000200002.01.65 - 2.151.65In
 Put
WKHS251017P00001000701.00.65 - 1.00.65Out

Workhorse Corporate Management

Joshua AndersonChief OfficerProfile
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.