[Spooky23]

The problem with shorting is you need to get the timing right. Today, you need insight into how the government relief will work out as well as other factors.

Even if you’re right about the outcome, you can still be wiped out If your timing is off!

[icelancer]

Also this is like shorting TSLA. Yeah, no kidding, a lot of people think it is going to zero. The short pressure is massive, which causes huge bid-ask spreads in the put options, which makes it hard for you to get a price that might make sense based on your evaluations.

It's not enough to just be directionally right and even timed correctly - you have to get a good price, too.