Thread by @UraniumIronman

Just to be clear what the NYSE @Sprott #uranium listing will do for us
1) Hedge funds have liquidity requirements (measured in avg daily volume or top of book size/depth) for new positions. NYSE much larger than TSX and ceteris paribus, more volume invites more players

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2) No reason why a NYSE listed product shouldn't have listed options. May have a grace period (I think IPO -> options listing is 5 days for new issuances?)

Dealer hedging + gamma exacerbate vol but as we all expect... call volume will outpace

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2b) People who know their way around #vol twit will chuckle at the lesser/second order greeks. Charm d(delta)/dt, vanna d(delta)/d(IV) are important structural sources of dealer notional. Another tailwind to having options listed (hopefully with more OI than $URNM...)

3) Will need to review whatever prospectus they release on this listing, but I imagine the ATM will also be available for NYSE share issuance instead of just USD denominated $U.U in Toronto. Add that to the list of volume tailwinds

4a) Finally, in conjunction with $URNM being under Sprott sponsorship... a lot more retail investors will be able to purchase the vehicle. I have a number of friends now whose brokerages won't let them purchase the ETF due to UCITS/PRIIPS regulations - perhaps this changes

4b) Obviously no major fund is going to be limited to domestic investments but between some annoying rules (foreign stock needs settled cash in Fidelity, for example) and reticence about OTC listings, there's _some_ marginal flow that will show up from retail into the trust

cc @BULLReturns as I see you correcting people who are anticipating this listing purely as an "accessibility" tailwind