NKLA, the other half of TSLA, trying to make a move?

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

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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.

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note: my trading desk confirmed today that option strikes will go to 105 tomorrow, june 9.

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good read: www.sec.gov/Archives...3/tm2021982d1_8k.htm

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from CFO Kim Brady jun 8: "Approximately 360 million shares are outstanding. Float is about 24 million common shares at this point, excluding Warrants."

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internals appear to be weakening: