Hello everyone, I'm a novice in options trading and currently use Interactive Brokers for my trades. I've encountered a puzzling issue that I need help with. I've noticed that when there's a significant difference between the strike price and the current stock price, there can be a large number of bids and asks, but the actual volume of trades executed is quite low. For instance, yesterday's TQQQ call options, when the stock was priced around $60.5 and the strike price was at $59, both the bid and ask had volumes of around 4,000 to 5,000, yet there were only a little over 200 actual transactions, with the bid and ask spread being as narrow as $0.05. My question is, if there are buyers placing orders, why don't they increase their bid slightly to facilitate immediate execution? I'm certain that not all of these buyers believe the price movement is confined to a mere $0.05. I'm keen to understand the reasoning behind this. Many thanks.