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.
Workhorse | Build AI portfolio with Workhorse Stock |
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 Name | WKHS251017P00001000 |
Expires On | 2025-10-17 |
Days Before Expriration | 88 |
Vega | 0.001034 |
Gamma | 0.045336 |
Theoretical Value | 0.83 |
Open Interest | 70 |
Strike Price | 1.0 |
Current Price Spread | 0.65 | 1.0 |
Rule 16 Daily Up or Down | USD 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 | |
Gamma | 0.045336 | |
Theta | -0.001192 | |
Vega | 0.001034 | |
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 |
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 Int | Strike Price | Current Spread | Last Price | |||
Put | WKHS251017P00004000 | 0 | 4.0 | 3.5 - 4.3 | 3.5 | In |
Put | WKHS251017P00003000 | 0 | 3.0 | 2.5 - 3.3 | 2.5 | In |
Put | WKHS251017P00002000 | 0 | 2.0 | 1.65 - 2.15 | 1.65 | In |
Put | WKHS251017P00001000 | 70 | 1.0 | 0.65 - 1.0 | 0.65 | Out |
Workhorse Corporate Management
Joshua Anderson | Chief Officer | Profile | |
Kerry Roraff | Chief Officer | Profile | |
Gregory Ackerson | Principal Officer | Profile | |
Stan March | Vice Communications | Profile | |
James CPA | Chief Officer | Profile | |
Robert CMA | Chief Officer | Profile |
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.