I checked and had no fee related to the R/S, not even a single penny. I figured there would be a penny or two charged because they do that on all my option trades, $.65 commission and .03 fee on every GOOGL option that I trade which is about 6-8 trades per day. I trade BA options also quite often and they charge me $1.30 commission and a .07 fee, go figure, in the money BA options are way cheaper than in the money GOOGL options but they charge twice the amount for a commission on the BA trades. I figure that may be because of the exchange where they trade, don't have a clue to be honest. I really don't pay much attention because it's virtually nothing that they charge. Back maybe 15 years ago, 20 for sure, I can remember paying $1,500 up to $3,500 commission for a single trade where as today, that same trade would be like 65 cents, wow, how times have changed!
I agree that something must be up, they didn't do a R/S for a bunch of shares that were just sitting there for them to continue to sit there doing nothing, makes no sense. I kind of like your NASDAQ theory but that's probably just wishful thinking! it's possible so I wouldn't right that theory completely off. I would guess that at the end of the day .22 to .25/sh looks more appealing related to a real company rather than .0003 or .0004/sh! Another valid reason is to reduce the tradable float, the share price can be moves much easier if there's say 50 million shares versus 1.5 billion shares, 50 mil can be traded in 1 day, in other words the entire float can be flipped in a single day!
Good luck to us all.....................!!
