American Stock Exchange to Trade Options on Seventeen Securities
November 04 2005 - 6:47PM
PR Newswire (US)
NEW YORK, Nov. 4 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Monday, November 7,
2005 on the following American Stock Exchange, Nasdaq Stock Market
and New York Stock Exchange listed stocks of: * Abraxas Petroleum
Corporation (Symbol: ABP) * Building Materials Holding Corporation
(Option Symbol: BGU/Stock Symbol: BMHC) * The First Marblehead
Corporation (Symbol: FMD) * Gasco Energy, Inc. (Symbol: GSX) *
Global Industries, Ltd. (Option Symbol: GQO/Stock Symbol: GLBL) *
KCS Energy, Inc. (Symbol: KCS) * La-Z-Boy Incorporated (Symbol:
LZB) * Legg Mason, Inc., (Symbol: LM) * Meritage Homes Corporation
(Symbol: MTH) * Novavax, Inc. (Option Symbol: NBU/Stock Symbol:
NVAX) * optionsXpress Holdings Inc. (Option Symbol: QYB/Stock
Symbol: OXPS) * Range Resources Corporation (Symbol: RRC) * Redback
Networks Inc. (Option Symbol: RBU/Stock Symbol: RBAK) * The St. Joe
Company (Symbol: JOE) * Superior Energy Services, Inc. (Symbol:
SPN) * Superior Industries International, Inc. (Symbol: SUP) * WCI
Communities, Inc. (Symbol: WCI) Abraxas Petroleum Corporation
options will open with position limits of 7,500,000 shares. The
options will trade on the March expiration cycle. The specialist
will be Group One Trading LP. Amex-listed Abraxas Petroleum
Corporation acquires producing oil and gas properties. The Company
explores for and produces crude oil and natural gas in Texas,
Wyoming and Canada. Building Materials Holding Corporation options
will open with position limits of 7,500,000 shares. The options
will trade on the March expiration cycle. The specialist will be
Kellogg Capital Group, LLC. Building Materials Holding Corporation,
through its subsidiary BMC West Corporation, distributes building
materials to professional contractors and project-oriented
consumers. The First Marblehead Corporation options will open with
position limits of 25,000,000 shares. The options will trade on the
March expiration cycle. The specialist will be AGS Specialists,
LLC. The First Marblehead Corporation provides outsourcing services
for private education lending in the United States. The Company
receives fees for the services it provides in connection with
processing and securitizing loans. Gasco Energy, Inc. options will
open with position limits of 20,000,000 shares. The options will
trade on the January expiration cycle. The specialist will be Jane
Street Specialists, LLC. Amex-listed Gasco Energy, Inc. acquires
and explores petroleum and natural gas properties in the United
States. The Company currently holds interests in properties located
in the San Joaquin and Sacramento Basins of California. Global
Industries, Ltd. options will open with position limits of
25,000,000 shares. The options will trade on the March expiration
cycle. The specialist will be Group One Trading LP. Global
Industries, Ltd. provides oil-field construction services. Services
include pipeline construction, platform installation and removal,
diving services and construction support. The Company provides its
services to the offshore oil and gas industry in the United States
Gulf of Mexico and in select international areas. KCS Energy, Inc.
options will open with position limits of 7,500,000 shares. The
options will trade on the March expiration cycle. The specialist
will be Kellogg Capital Group, LLC. KCS Energy, Inc. acquires,
explores and develops natural gas and crude oil properties located
in the Mid-Continent, onshore Gulf Coast and Rocky Mountain
regions, as well as in the Gulf of Mexico. La-Z-Boy Incorporated
options will open with position limits of 7,500,000 shares. The
options will trade on the January expiration cycle. The specialist
will be AGS Specialists, LLC. La-Z-Boy Incorporated manufactures
residential and office upholstered furniture. The Company's product
lines include motion, stationary and modular seating, desks,
cabinets, conference tables, dining room and bedroom furniture and
book cases. Legg Mason, Inc. options will open with position limits
of 25,000,000 shares. The options will trade on the February
expiration cycle. The specialist will be AGS Specialists, LLC. Legg
Mason, Inc., through its wholly owned subsidiaries, provides
securities brokerage, investment advisory, investment banking and
commercial mortgage banking services. Meritage Homes Corporation
options will open with position limits of 7,500,000 shares. The
options will trade on the March expiration cycle. The specialist
will be Trinity Derivatives Group, LLC. Meritage Homes Corporation
designs, builds and sells single-family homes ranging from entry
level to semi-custom luxury. The Company operates in the South and
West of the United States. Novavax, Inc. options will open with
position limits of 25,000,000 shares. The options will trade on the
January expiration cycle. The specialist will be Jane Street
Specialists, LLC. Novavax, Inc., a biopharmaceutical company,
researches and develops proprietary topical and oral drug delivery
technologies. optionsXpress Holdings Inc. options will open with
position limits of 5,000,000 shares. The options will trade on the
March expiration cycle. The specialist will be AGS Specialists,
LLC. optionsXpress Holdings Inc. provides stock and option
brokerage services. The Company specializes in the listed equity
options market and also offers brokerage services for stock, mutual
fund, option and fixed-income products. Range Resources Corporation
options will open with position limits of 25,000,000 shares. The
options will trade on the March expiration cycle. The specialist
will be Susquehanna Investment Group. Range Resources Corporation,
an independent oil and gas company, conducts operations in the
Appalachian, Permian, Midcontinent and Gulf Coast regions. Redback
Networks Inc. options will open with position limits of 20,000,000
shares. The options will trade on the March expiration cycle. The
specialist will be Group One Trading LP. Redback Networks Inc.
develops and produces broadband networking systems, including
subscriber management systems and platforms, as well as network
operating system software. The St. Joe Company options will open
with position limits of 7,500,000 shares. The options will trade on
the March expiration cycle. The specialist will be Susquehanna
Investment Group. The St. Joe Company is a real estate operating
company. The Company provides community, commercial, industrial,
leisure and resort development, as well as timber and commercial
real estate services. Superior Energy Services, Inc. options will
open with position limits of 7,500,000 shares. The options will
trade on the March expiration cycle. The specialist will be Group
One Trading LP. Superior Energy Services, Inc. provides specialized
oilfield services and equipment. The Company conducts operations
offshore in the Gulf of Mexico and throughout the Gulf Coast
region. Superior Industries International, Inc. options will open
with position limits of 7,500,000 shares. The options will trade on
the January expiration cycle. The specialist will be Trinity
Derivatives Group, LLC. Superior Industries International, Inc.
designs and manufactures motor vehicle parts and accessories. The
Company's products are sold to original equipment manufacturers and
the automotive aftermarket on an integrated one-segment basis. WCI
Communities, Inc. options will open with position limits of
7,500,000 shares. The options will trade on the March expiration
cycle. The specialist will be Susquehanna Investment Group. WCI
Communities, Inc. designs, constructs and operates
leisure-oriented, amenity-rich master-planned communities targeting
affluent homebuyers. The Company's communities are located in
Florida. For more information on any Amex-listed company, please
visit http://www.amex.com/. 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 HOLDRS(SM). 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 177
ETFs. 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. For more information, please visit
http://www.amex.com/. DATASOURCE: The American Stock Exchange
CONTACT: Mary Chung of The American Stock Exchange,
+1-212-306-1641, Web site: http://www.amex.com/
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