I am on the other side of you...I "sell to open" covered calls. When I feel like I have bought a good stock, I will be willing to option it away for a 8-10% annualized return (option money, dividend, price increase). So when I see a wide spread, I'll do a very basic thing. Assuming the stock is not moving greatly, I will start with a higher price and work my way down. About every 5-10 minutes I will drop by 5-10 cents depending on the stock (X 100). Many times I get rid of the big boys. Most of the time, they jump in front of me...Yeah, I know I can get in a better position with technology, but I am fine where I'm at. I keep lowering the price (getting rid of the big boys), till I hit my price or I am at the front of the line (I am the only bid). I'll wait a few minute...You never know who will pull the trigger. Then I'll drop the price some more...Little by little...Like others have said, "meet in the middle". It does get picked up at some point. I usually do 6-18 months out (leaps). I believe the stock is solid. If it weren't, I would not have been a buyer. But you never know...For every BABA there can be a lot of GEs. For every new high, there could be another wave of Covid-19!! If the bid is too low, I'll cancel and wait for the stock price to increase...Write another covered call. Rinse, lather, and repeat. Think of McDonald's picking up ten cents each time they sell a soft drink...Yeah, boring...Low tech. Just me...