$1 bid/ask spread?

Discussion in 'Options' started by turkeyneck, Feb 9, 2011.

  1. I'm looking at Apr 11 AAPL 325 Call. It had a $1 spread between bid/ask at some point during the day. Was that an indication of anything or just illiquid market for this option?
     
  2. tomk96

    tomk96

    that's a pretty deep call. people don't have much interest in making markets on options that aren't likely to trade, so the keep them wide. also, if the underlying b/a went wide for any reason, the options markets would widen as well.