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Workhorse is a technology company focused on providing drone-integrated electric vehicles to the last-mile delivery sector.
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#Workhorse stock stocktwits plus#
Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. These returns cover a period from Januthrough August 1, 2022. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.63% per year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. and Morningstar, Inc.Ĭopyright 2022 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc.
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Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. In addition to impressive profit potential, these trades can actually reduce your risk. Looking to Trade Options?Ĭheck out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. This is a strategy many seasoned traders use because it captures decay. Often times, options traders look for options with high levels of implied volatility to sell premium. Given the way analysts feel about Workhorse Group right now, this huge implied volatility could mean there’s a trade developing. The net effect has narrowed our Zacks Consensus Estimate for the current quarter from a loss of 21 cents per share to a loss of 20 cents per share in that period. Over the last 60 days, one analyst has increased the earnings estimates for the current quarter, while two have revised the estimate downward. What do the Analysts Think?Ĭlearly, options traders are pricing in a big move for Workhorse Group shares, but what is the fundamental picture for the company? Currently, Workhorse Group is a Zacks Rank #4 (Sell) in the Automotive - Original Equipment industry that ranks in the Bottom 15% of our Zacks Industry Rank. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. It could also mean there is an event coming up soon that may cause a big rally or a huge sell off. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. Implied volatility shows how much movement the market is expecting in the future. That is because the $15.00 Call had some of the highest implied volatility of all equity options today.
#Workhorse stock stocktwits free#
( WKHS Quick Quote WKHS - Free Report) need to pay close attention to the stock based on moves in the options market lately.
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