those that make money selling options? Because if HFT is gone or slows down wont it lower volatility and trading noise?
The only reason a HFT should be adding to noise is if it is losing money. Which means it wouldn't be running long anyways.
actually HFT has reduced volatility(contrary to what the SEC idiots think) so we will see more volatility. And more volatility for traders= good
So you do not think that Flash crash caused by mismanaged quote stuffing and algos pulling the rug increase Volatility that day? I hope they do not remove or stop HFT.
I could be wrong but my impression is that whatever noise HFT adds to stock prices is on the order of pennies or fractions of pennies. So it doesn't really affect option volatility all that much. Anyhow, it isn't necessarily more profitable to sell high volatility options than low volatility options, since to have the same odds of success you have to sell further OTM when the volatility is high.