When it comes to Option contracts, who is the market for those Calls and Puts. What type of person purchases at those prices?? Is it a institutional market or people legit trying to exercise them immediately? i.e if I purchase a Call contract for say $9 per contract and it rises up to in Nvidia’s case upwards of $80+ per contract , and I decide to close it before expiration and sell it. Who is buying it?? Who is the consumer or purchaser of these exorbitant option contract? Who’s giving these WSB degenerates liquidity??
[link] [comments] https://www.reddit.com/r/stocks/comments/13rytre/who_buys_nvidia_contracts/
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