Trading SPX Cycles

[bbgold]

Was it premarket?
I would wait until you at least get a quote otherwise you are trading blind. The Options are just like a Stock where there is a Market Maker determining the bid/ask price. Just as with the Stocks the MM can choose to manipulate the bid/ask to make a profit on the trade, why there is a spread. So with a quote of 0.00 you are uncertain as to where the MM will price the option and also what the spread will be. Once the bid/ask is shown at least you will have some idea as to where to price your sale. Schwab has a feature that shows the mid point to try and target a trade between the bid/ask if looking for a better price and it looks as though they will fill if you watch Last Trade price.