What is the term given to people who trade in derivatives?

These individuals are actual traders who try to predict the future price of commodities based on various factors and monitor their prices regularly. If these speculators think that the price of a particular asset will go up, they buy a derivatives contract of that asset and sell at the time of expiry to make a profit. For instance, in the above example, wherein you entered into a derivatives contract to protect yourself against the stocks falling, a speculator will bet that the stock price won’t fall. If in the determined period, the stock price does not fall, the speculator can make a profit.