[Opening Jan 32.50 straddle on Cox Communications (COX)/Buying Jan 32.50 calls (COXAZ) and buying Jan 32.50 puts ((COXMZ) for a net debit of $2.85]
Dear Member,
Tried to get in this one yesterday without success. I am placing an order to buy the Jan 32.50 straddle, that is the Jan 32.50 calls (COXAZ) and the Jan 32.50 puts (COXMZ) on Cox Communications (COX) for a net debit of $2.85. That means I won't pay more than $2.85 for the combined two positions which I will buy simultaneously or not at all.
DISCLOSURE: At the time of publication, I have no position in the underlying stock or the referenced options.
Sincerely,
Bill Kraft
CutLoss, Inc.
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