Looks like it might want to break past that 40 level. Given the stupidity of the name (Nikola... Tesla...) and their elecric trucks, I wouldn't be surprised if this makes a huge run at some point... ie Why not rotate out of some TSLA and into some NKLA
Note
Just noting this is an outrageouly stupid move. I wouldn't be surprised to see this at 100 or 250, esp as short interest started ticking up last month (though it is still very low). Currently on robinhood, this has 54k "holders"; the bottom fo the top 100 list is 65k, so it could also make an appearance on this list soon.
I currently have the Jan 2021 30 call, but I am looking to begin selling short term OTM calls as soon as they list options with strikes over 55. to play the calendar-spread-premium game.
Note
note: my trading desk confirmed today that option strikes will go to 105 tomorrow, june 9.Note
from CFO Kim Brady jun 8: "Approximately 360 million shares are outstanding. Float is about 24 million common shares at this point, excluding Warrants."Note
internals appear to be weakening: 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.