i understand options are priced to lose. also, that it is various strategies that sell options that have consistently outperformed historically. nevertheless, i want to understand, for a strategy that bought options on the stocks that are most rabidly speculated on and whose multiple expansion has been one of the principal drivers inflating the latest bubble; faang and similar stocks, ¿do supply and maniacal demand have any discernible effect on the price to be paid for options on these instruments? ¿are there any benefits to the deranged activity around these stocks, like tighter bid - ask spreads, more favorable implied volatility, lower prices to be paid or any other? if on the contrary, these stocks were actually worse that average to speculate on via options, ¿would screening for options with very high or very low implied volatility make sense? ¿do supply and demand have a significant effect on the price of options or does the modelling process override everything else? when i started learning about options, i was considering buying options on futures but lost all interest when i learned that the atm prices for these options can range from 30% to far more than 100% of the corresponding margin for the underlying which is a ridiculous price to pay. if the greatest probabilities for success buying options are afforded by the lowest prices to pay, i'm now trying to identify the best opportunities and how to screen for them. very well, thanks to all.