zlacker

Thank you very much for this detailed reply.

and yes, I absolutely was meaning to ask about options, not futures (I know so little, I used the wrong word!)

How do options get priced?

i.e. if I look in my online brokerage thing I can buy XYZ for $100 on Jan 1 2021, but what if I want to buy it for $125 on Jan 1 2025?

Who decides what dates and prices are set?

Can I just go insane and get options on AAPL for $3000 (or $2) in 2030?

>>grecy+(OP)
Anyone selling an option determines the price (same as a stock). You can sell an option yourself for any price if you so desire. If there is an influx of buyers, the will purchase the cheapest first, but as they do, those that remain available are at a higher price. This is why people say that demand increase price.