This is a hell of a market to short anything. In the near term anything that helps remote work like this is probably going to spike up. Good luck with that. I know that I wouldn't personally be comfortable being confident I could make collateral to outlast a bubble or guess correctly when the tide is going to turn to make money off of an option trade when it comes to a remote enabling company in a stock market as crazy/driven by politics and the fed as this one
You can offset your short with a long in a competitor. That takes out the market beta. However, it isn't free and it can take a long time until a bad company goes under (not saying Asana is one, haven't used their product).
Wirecard laundered money over years and the FT reported on it, it still took a long time for it to collapse.
Banks generally benefit from steeper yield curves. The yield curve is still quite flat and will likely stay that way due to the Fed buying-back long term treasuries.
Hope you have good margin rates, you could be waiting a long time. A lot of these are steaming piles of shit if you think about fundamentals but the market doesn't care about fundamentals.