Buy Oct-20-23 16 Puts @ 0.7 Limit to Open Buy Oct-20-23 16 Calls @ 0.5 Limit to Open Xerox at an important zone, aligned with Nasdaq for a move. Direction? Uncertain, hence a straddle.
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Sold Straddle Sell Oct-20-23 16 Puts @ 0.8 Limit to Close