Why are option markets so thin on individual stocks

Summary

• Author observes that option markets for many individual stocks are extremely thin, often with only one contract in open interest.
• The thesis/questions: most options traders concentrate on popular, highly liquid names, leaving individual equities with poor liquidity.
• Quality assessment: More of an anecdotal observation/query than well-researched DD; useful as a market structure note, but not a data-backed analysis.