Amex to Trade Options on Nine Securities
March 08 2004 - 6:24PM
PR Newswire (US)
Amex to Trade Options on Nine Securities NEW YORK, March 8
/PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will
launch trading in options on Tuesday, March 9, 2004, on the
underlying security of: * Blue Coat Systems, Inc. (Option Symbol:
IYU /Nasdaq: BCSI) * China Life Insurance Co., Limited, ADS
(NYSE:LFC) * Commonwealth Telephone Enterprises, Inc. (Option
Symbol: QOK / Nasdaq: CTCO) * DUSA Pharmaceuticals, Inc. (Option
Symbol: FDU / Nasdaq: DUSA) * Hawaiian ElectricIndustries, Inc.
(NYSE:HE) * OMI Corporation (NYSE:OMM) * Performance Technologies,
Incorporated (Option Symbol: HTU / Nasdaq: PTIX) * SS&C
Technologies, Inc. (Option Symbol: QUN / Nasdaq: SSNC) * Syntroleum
Corporation (Option Symbol:HYU / Nasdaq: SYNM) Blue Coat Systems,
Inc. options will open with strike prices of 40 - 45 - 50 and
position limits of 1,350,000 shares. The options will trade on
January expiration cycle with initial expirations in March, April,
July and October. The specialist will be Tanstaafl Research &
Trading, LLC. Blue Coat Systems, Inc. provides Web security
solutions that increase the protection and control of enterprise
Web infrastructures. China Life Insurance Co., Limited, American
Depositary Shares options will open with strike prices of 22 1/2 -
25 - 30 and position limits of 7,500,000 ADS. The options will
trade on January expiration cycle with initial expirations in
March, April, July and October. The specialist will be Tanstaafl
Research & Trading, LLC. China Life Insurance Co., Limited
offers a wide range of life, accident and health insurance products
and services. Commonwealth Telephone Enterprises, Inc. options will
open with strike prices of 35 - 40 - 45 and position limits of
2,250,000 shares. The options will trade on January expiration
cycle with initial expirations in March, April, July and October.
The specialist will be LaBranche Structured Products, LLC.
Commonwealth Telephone Enterprises, Inc. is a wireline
telecommunications services company offering a growing base of
business and residential customers the full array of
state-of-the-art data and voice telecommunications products and
services, including broadband data services and high-speed internet
access, delivered over its 100% digitally-switched, fiber-rich
network. DUSA Pharmaceuticals, Inc. options will open with strike
prices of 7 1/2 - 10 - 12 1/2 and position limits of 2,250,000
shares. The options will trade on January expiration cycle with
initial expirations in March, April, July and October. The
specialist will be Kellogg Capital Group, LLC. DUSA
Pharmaceuticals, Inc. is a development stage pharmaceutical company
that is researching and developing a light sensitive drug known as
ALA in combination with light devices. Hawaiian Electric
Industries, Inc. options will open with strike prices of 45 - 50 -
55 and position limits of 1,350,000 shares. The options will trade
on January expiration cycle with initial expirations in March,
April, Julyand October. The specialist will be LaBranche Structured
Products, LLC. Hawaiian Electric Industries, Inc. is a diversified
holding company that delivers a variety of services to the people
of Hawaii. OMI Corporation options will open with strike prices of
7 1/2 - 10 - 12 1/2 and position limits of 6,000,000 shares. The
options will trade on January expiration cycle with initial
expirations in March, April, July and October. The specialist will
be Bowery Specialist Group, LLC. OMI Corporation provides sea borne
transportation services for crude oil and petroleum products in the
international shipping markets. Performance Technologies,
Incorporated options will open with strike prices of 17 1/2 - 20 -
22 1/2 and position limits of 1,350,000 shares. The options will
trade on January expiration cycle with initial expirations in
March, April, July and October. The specialist will be Tanstaafl
Research & Trading, LLC. Performance Technologies, Incorporated
supplies telecommunications and networking products. SS&C
Technologies, Inc. options will open with strike prices of 25 - 30
- 35 and position limits of 1,350,000 shares. The options will
trade on January expiration cycle with initial expirations in
March, April, July and October. The specialist will be Group One
Trading, L.P. SS&C Technologies, Inc. provides
client/server-based financial software solutions and related
consulting services. Syntroleum Corporation options will open with
strike prices of 5 - 7 1/2 - 10 and position limits of 2,250,000
shares. The options will trade on January expiration cycle with
initial expirations in March, April, July and October. The
specialist will be Charlton Specialist Partners, LLC. Syntroleum
Corporation develops and owns a proprietary process, the Syntroleum
Process, that catalytically converts natural gas into synthetic
liquid hydrocarbons. The American Stock Exchange(R) (Amex(R)) is
the only primary exchange that offers trading across a full range
of equities, options and exchange traded funds (ETFs), including
structured products and HOLDRSSM. In addition to its role as a
national equities market, the Amex is the pioneer of the ETF,
responsible for bringing the first domestic product to market in
1993. Leading the industry in ETF listings, the Amex lists 138 ETFs
to date. The Amex is also one of the largest options exchanges in
the U.S., trading options on broad-based and sector indexes as well
as domestic and foreign stocks. DATASOURCE: American Stock Exchange
CONTACT: Jeanette Volpi of American Stock Exchange,
+1-212-306-1650, Web site: http://www.amex.com/
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