$Faraday Future Intelligent Electric Inc. (FFIE.US)$ I buy call options, why exercise them? Who exercises options? The book teaches me to sell options before exercising them?

$FFIE 240517 1.00C$
It's the last day, it's still going up, I missed the big bull market, can this kind of options be exercised? Is exercising profitable or not? Could someone please help explain the options.