American Stock Exchange to Trade Options on Seven Securities
February 17 2005 - 3:08PM
PR Newswire (US)
American Stock Exchange to Trade Options on Seven Securities NEW
YORK, Feb. 17 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Friday, February 18,
2005 on the following American Stock Exchange, Nasdaq Stock Market
and New York Stock Exchange listed stocks of: * Bucyrus
International, Inc. (Stock Symbol: BUCY/Option Symbol: HBU) *
Imergent, Inc. (Symbol: IIG) * Ionatron, Inc. (Stock Symbol:
IOTN/Option Symbol: QVM) * Meridian Bioscience, Inc. (Stock Symbol:
VIVO/Option Symbol: ZUG) * Nuvelo, Inc. (Stock Symbol: NUVO/Option
Symbol: CDQ) * W&T Offshore, Inc. (Symbol: WTI) * WellChoice,
Inc. (Symbol: WC) Bucyrus International, Inc. will open with strike
prices of 35 - 40 - 45 and position limits of 2,250,000 shares. The
options will trade on the January expiration cycle with initial
expirations in March, April, July and October. The specialist will
be LaBranche Structured Products, LLC. Bucyrus International, Inc.
designs, manufactures, and markets large excavation machinery used
for surface mining. Imergent, Inc. will open with strike prices of
22-1/2 - 25 - 30 and position limits of 1,350,000 shares. The
options will trade on the January expiration cycle with initial
expirations in March, April. July and October. The specialist will
be Bowery Specialist Group, LLC. Imergent, Inc. is a technology and
training company delivering electronic services to small business
and entrepreneurs. Ionatron, Inc. will open with strike prices of
7-1/2 - 10 - 12-1/2 and position limits of 3,150,000 shares. The
options will trade on the January expiration cycle with initial
expirations in March, April, July and October. The specialist will
be Bowery Specialist Group, LLC. Ionatron, Inc. developed and
tested a proprietary new directed energy weapon technology.
Meridian Bioscience, Inc. will open with strike prices of 15 -
17-1/2 - 20 and position limits of 1,350,000 shares. The options
will trade on the January expiration cycle with initial expirations
in March, April, July and October. The specialist will be TANSTAAFL
Research & Trading, LLC. Meridian Bioscience, Inc.
manufactures, markets and distributes diagnostic test kits,
purified reagents, and related products. Nuvelo, Inc. will open
with strike prices of 5 - 7-1/2 - 10 and position limits of
2,250,000 shares. The options will trade on the January expiration
cycle with initial expirations in March, April. July and October.
The specialist will be Wolverine Trading, LP. Nuvelo, Inc.
researches and develops novel biopharmaceutical products form its
proprietary gens discovers using its screening-by-hybridization
platform. W&T Offshore, Inc. 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 the January expiration cycle with initial
expirations in March, April. July and October. The specialist will
be Kellogg Capital Group, LLC. W&T Offshore, Inc. is an
independent oil and natural gas company focused primarily on the
Gulf of Mexico area in the United States. WellChoice, Inc. will
open with strike prices of 50 - 55 - 60 and position limits of
2,250,000 shares. The options will trade on the January expiration
cycle with initial expirations in March, April. July and October.
The specialist will be AGS Specialists, LLC. WellChoice, Inc.
provides health insurance to its member in New York and New Jersey.
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 145 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: Mary Chung, American Stock Exchange,
+1-212-306-1641, Web site: http://www.amex.com/
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