I would agree with you if that activity would be used as a signal to initiate a trade. However, to me, it would be a signal to start watching for other clues which may or may not lead to a trade.I'm just saying that if "high interest in a low probability strike" is a thing that leads with any regularity to "above risk adjusted returns for that strike", then it would be trivial to set up a program that looks for "high interest in a low probability strike" and buys lotto tickets on that instantly.