Hello, I’m looking at a slightly out of the money sell-to-open covered call for a few weeks from now. It has this: 0 bid, $0.65 ask, 1000 open interests.
How can there be a 0 bid price with 1000 open interests? I’m thinking if you put in a bid for $0.20 it might get the call option out of hibernation or something. I can’t quite figure out what a $0.00 bid price means.
Thank you.