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Openings of charmer's old basket reveals arising —? (5)

Ross

I believe the answer is:

cobra

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'?' is the definition.
I can't judge whether this defines the answer.

'openings of charmer's old basket reveals arising' is the wordplay.
'openings of' suggests taking the first letters (I've seen 'opening' mean this).
The initial letters of 'charmers old basket reveals arising' is 'COBRA'.

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(Other definitions for cobra that I've seen before include "Poisonous snake" , "Type of snake" , "Reptile (found in Cabinet Office Briefing Room A?)" , "dangerous striker" , "hamadryad" .)

I've seen this clue in The Times.
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