@d_feustel And there is no free lunch here because the market thinks the stock is going to go down a lot. If you think that isn’t true based on analysis that is better than the market, then the lunch isn’t free
@d_feustel The best way to come up with that probability is to call Schwab to confirm the mechanics, because retail brokers are notorious for having operational issues. For purposes of talking to Schwab, cover = short buying, sale = long selling