Trying to figure out why alot of volume goes on way out of money options.
For example today in October sugar 18 calls the price is only .10 which is not
Alot but there was 2190 volume on this option. Are traders buying or selling this
And how can you find out at end of day what traders were doing with this.
The market is bearish but a nice breakout today but I'm curious to see what traders are doing
That I don't know. If you buy or sell numerous contracts then its obvious you can make
Money but a buyer would be crazy to buy this today in a bearish setup and a seller would be out
A wise choice but your profit potential isn't much. Please help me as I know I am missing the big picture
And any help would be appreciated.