American Stock Exchange to Trade Options on Four Securities
August 05 2004 - 4:04PM
PR Newswire (US)
American Stock Exchange to Trade Options on Four Securities NEW
YORK, Aug. 5 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Friday, August 6, 2004
on the following Nasdaq and New York Stock Exchange listed stocks
of: * Denbury Resources, Inc. (Symbol: DNR) * NitroMed, Inc.
(Option Symbol: QNR/Stock Symbol: NTMD) * Telewest Global, Inc.
(Option Symbol: QTX/Stock Symbol: TLWT) * Webzen Inc. (Option
Symbol: QZE/Stock Symbol: WZEN) Denbury Resources, Inc. options
will open with strike prices of 17-1/2 - 20 - 22-1/2 - 25 and
position limits of 3,150, 000 shares. The options will trade on the
March expiration cycle with initial expirations in August,
September, December and March. The Specialist will be Bowery
Specialist Group, LLC. Denbury Resources Inc. acquires, develops,
operates and explores oil and gas properties, primarily in the Gulf
Coast region of the US. NitroMed, Inc. options will open with
strike prices of 12-1/2 - 15 - 17-1/2 - 20 and position limits of
3,150, 000 shares. The options will trade on the March expiration
cycle with initial expirations in August, September, December and
March. The Specialist will be LaBranche Structured Products, LLC.
NitroMed, Inc. is a pharmaceutical company that discovers, develops
and seeks to commercialize proprietary pharmaceuticals based on the
therapeutic benefits of the naturally-occurring molecule nitric
oxide. Telewest Global, Inc. options will open with strike prices
of 10 - 12-1/2 - 15 and position limits of 1,350, 000 shares. The
options will trade on the March expiration cycle with initial
expirations in August, September, December and March. The
Specialist will be Group One Trading, L.P. Telewest Global, Inc.
conducts operations in the United Kingdom (UK) broadband
communications and media sector. The Company provides cable
television, cable telephony and Internet access to residential
customers, as well as voice, data and managed solutions services
for businesses. Webzen Inc. options will open with strike prices of
2-1/2 - 5 - 7-1/2 and position limits of 2,250, 000 shares. The
options will trade on the March expiration cycle with initial
expirations in August, September, December and March. The
Specialist will be Charlton Specialist Partners, LLC. Webzen Inc.
develops and markets online game software and distributes it
through Internet. 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 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: The American Stock
Exchange CONTACT: Lynn Duffy of American Stock Exchange,
+1-212-306-1654, or Web site: http://www.amex.com/
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