OT FYI: The latest daily alert from ETrade on my NKLA short:
The borrow rate for a hard-to-borrow security in your account below is above 25%.
Security:
NKLA
New borrow rate: 646.25%
NKLA is down $16+ since I shorted it at 70, but I'm not sure if I'm making any money Still holding short.
Same here, even with price drop, so far sold PUTS (small amount) are not increasing in value ...