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Mainly because people want them.
[Me I like ETFs better, not as much slippage, decay+ no expiry date]
I bought some qqq options they were 3 months or longer + when I went to sell them/malfunction, Options eXpress said ''tech troubles, dont worry about it!! '' I thought they were maybe ripping me off , even if it never happened before or since. Good profit /took hours for them to work that order right. GHonest mistake + better profit than I first ordered.
Never heard of a real estate option for one week/but it is or was your money...……………………………………………………………………………………………………………………………………..