WKSP Forecast


Bullish Case: Worksport's recent patent acquisition for its SOLIS Solar Tonneau Cover could revolutionize the automotive accessory market, poised to tap a multi-billion-dollar market [Worksport Secures Ne].


Bearish Case: Potential supply chain disruptions could impact production timelines and profitability, amidst sector-wide reliance on key metals [Helium].


Potential Outcomes:

1. Successful commercialization of SOLIS Cover and COR system driving revenue growth (70%) [cleantechnica.com].

2. Supply chain disruptions causing delays and cost increases (30%) [Helium].


Trading Oracle: Given high implied volatility and bullish sentiment, a long call spread strategy (e.g., WKSP 09/20/2024 1.00 C @ $0.3 and sell WKSP 09/20/2024 2.00 C @ $0.15) offers favorable risk-reward with limited downside. Time outlook is 2 months.


July 16, 2024


Worksport Forecast

WKSP      Worksport











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