Cemex (CX, news, chart, volatility) collar seems to be a popular strategy lately. The Feb 7.5 puts and Feb 12.5 calls are active again today, as it seems that some investors are selling the calls against protective puts. CX is up 9 cents to $10.38 and open interest in both contracts is approaching 30K.
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Cemex SaB De Cv (CX) $10.36 +0.68%
Posted on January 9th, 2009 2:02 pm
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