IB Error: "Could not value contract at this time. Order might be invalid'

If the computer system can't put a value on the contract (eg. no bid), then it might not be able to work out what margin is required.

Just my 2 cents - might be better to contact IB chat to get an answer and a resolution.
 
I have seen the same thing a few times recently on EOE options. I have the impression it only happens when there has been no trades in the contract for the day. I for sure has seen it with both a bid and ask.
 
Quote from m22au:

If the computer system can't put a value on the contract (eg. no bid), then it might not be able to work out what margin is required.

Just my 2 cents - might be better to contact IB chat to get an answer and a resolution.
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I think you are right and I'm asking IB about this. The thing is I can live with a $0 mark on these calls and 100% margin, I just want to be able to buy this
 
Unfortunately, customers currently cannot trade futures options and futures that do not have open interest. eCBOT and GLOBEX contracts are exclusions from this rule.
 
Quote from ids:

Unfortunately, customers currently cannot trade futures options and futures that do not have open interest. eCBOT and GLOBEX contracts are exclusions from this rule.
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Why not allow clients to hold the position at a $0 mark and discount 100% of the cost of the position from the margin of the account?
 
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