The reason why certain Options traders hate DRS...
DRS is drying up liquidity. As GME's liquidity approaches levels of dryness akin to Ben Shapiro's wife's vagina, it fucks with the options players...
Illiquidity can also lead to increased volatility which leads to increased premium prices for our options friends.
It's no wonder certain options people are calling DRS supporters cultists. Painting people as crazy is a classic trick to invalidate their ideas without having to directly engage them.
From Nasdaq's website:
What is liquidity and why is it important in options trading?
JB: Liquidity refers to how quickly a stock or option can be bought or sold without affecting the current market's price. It is important in options trading because options that are liquid are more likely to trade more easily and at a fair market price. If a stock or option is illiquid, it not only means that it may take longer to enter or exit the trade near its current market price, but that the asset's price may be affected by your transaction and ultimately your entry and/or exit price will be worse due to this.
https://www.nasdaq.com/articles/how-options-liquidity-impacts-trading-2017-10-30
https://optionalpha.com/blog/10-reasons-why-options-trading-liquidity-should-be-a-top-priority
https://www.advisorpedia.com/markets/lack-of-liquidity-in-options-based-strategies/
Additionally, anyone saying that there isn't proof DRS is positive clearly hasn't spent any quality time researching the matter on SS or is a bad actor.
This is just an opinion so apparently I can put anything in this post.
Flying Spaghetti Monster will initiate MOASS when she makes sweet love to Cthulhu
In all seriousness; DRS is the way.
This is not financial advice; I sleep in a racecar bed 🏎️🛏️
