I doubled down on my short position on Hawaiian Electric (NYSE:HE), increasing it from 100 shares to 200, while also acquiring 9 puts with a strike price of $22.5 expiring in September. Additionally, I purchased 5 puts at a strike price of $12.5 expiring in December. The market rebound on Friday appeared to be a mere dead cat bounce, as indicated by technical analysis revealing the presence of bearish pennants. Consequently, my target price remains resolute at $6 per share.