On the CBOE website it says the SPX index has pretty high options volumes, not sure if this is right but on IB I see no volume or no market makers (bid ask) for the CBOE SPX options? What am I doing wrong? The contract Im looking at is "SPX Jun'12 @GLOBEX" on IB.
SPX is still on the floor so the quotes you see are indicative. You will get filled at much better prices than you see on the screen. Weekly spx is electronic so prices will be narrower.
Yeah, I write in "SPX", then click SPX->Futures->Jun->2012, and in the contract selection window I only see CME and GLOBEX as the options, no CBOE. Maybe I'm missing a data feed subscription?
When I enter SPX I get two options choice - futures options and options. I assume options give me the index options.
CBOE trades index options, not futures options (that's globex at the CME). go to the options trader, type in spx, and choose index
Thanks I was looking wrong options. Now how do I get index value? I need that to select option prices