NKLA Back to SPAC Pricing.. Ring the Register on Our Short Call

NKLA was recommended as a short opportunity here in early September in the $35 area. We suggested banking a piece later that month in the $25 area, but staying involved as a long-term short. As the stock gets back to the SPAC b/e price around $10. It could go lower. But it may find some upside volatility here, so we would ring it.