Citigroup Inc (C)

[mar-keyz]

I would like to hear some input regarding the amount of options sitting in "open interest" If there are "which there is" millions and millions of options in numerous strike amounts and numerous expiration dates...who is going to buy all these, if or when the price hits $5.25-5.50ish...I think there will be many holding options with nobody to buy them...my reasoning is at roughly $5.50ish area people are going to know the top has been about reached and therefore no reason in buying further out options on something that has reached it's potential??? If people are thinking $6 then are there an equal amount of buyers to those who seen $5's and $4's...doesn't seem possible? Remember the term used on CNBC was...there are Phenominal and Astronomical amounts of options in "C"...just a thought to ponder!