Considerations for $GOOGL Post-Split Performance
Been reviewing $GOOGL performance since the split. While the lower nominal price increased accessibility for retail, the immediate post-split price action seems largely influenced by broader market sentiment rather than a significant intrinsic re-valuation. Volume metrics are up, which was expected, but I'm curious if anyone has noted any structural changes in order book depth or spread competitiveness directly attributable to the split, or if it's primarily psychological. Looking for observations beyond just price appreciation/depreciation. Specifically, has the increase in outstanding shares at a lower price point altered the hedging dynamics for options writers, and how might that translate into implied volatility moving forward?
I agree, the split certainly made it more accessible, but the broader market seems to be the primary driver right now. I've also been watching order book depth and haven't noticed anything significant enough to suggest a major structural shift in trading dynamics specifically due to the split itself.