Workhorse Group Inc. has been showing up as a very strong technical performer for the last week, and I have been trading in & out of call options for them recently. Currently holding some $23 calls that expire this upcoming Friday, and may trade some additional ones this week.
With a price of $23.69, they still show room to climb with the following moving averages:
10 Day Moving-Average – $20.21
50 Day Moving-Average – $17.13
200 Day Moving-Average – $6.77
RSI – 68
Given the nature of their industry & their fundamentals, I’m not interested in it as an investment, but am seeing the value in trading around WKHS.
*** I Currently Hold $23 WKHS Calls Expiring 9/18 ***