So I just started using CS6, and I know from CS5 that there used to be the "Dectect Edges" option when trying to do a text wrap around an object shape. Every time I try to text wrap like this in CS6, the "contour options" menu is "greyed out," and I can't adjust my text wrap. Does anyone know how to fix this? I have a screen shot below. It is happening in all of my CS6 documents, around PSDs and objects created in InDesign.
In your screen shot you have the text frame selected. That would disable the contour options. You want to select the object that you want the text to wrap around, not the frame that holds the text you want to wrap.