Amex to Trade Options on Seven Securities
July 21 2005 - 4:20PM
PR Newswire (US)
Amex to Trade Options on Seven Securities NEW YORK, July 21
/PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will
launch trading in options on Friday, July 22, 2005 on the New York
Stock Exchange and the Nasdaq Stock Market listed stocks of: --
Autoliv, Inc. (Symbol: ALV) -- Carter's, Inc. (Symbol: CRI) --
HouseValues, Inc. (Stock Symbol: SOLD/Option Symbol: UZZ) -- The
Manitowoc Company, Inc. (Symbol: MTW) -- Nexen, Inc. (Symbol: NXY)
-- Retail Ventures, Inc. (Symbol: RVI) -- Votorantim Celulose e
Papel S.A. (Symbol: VCP) Autoliv, Inc. options will open with
strike prices of 45 - 50 - 55 and position limits of 7,500,000
shares. The options will trade on the March expiration cycle with
initial expirations in August, September, December and March. The
specialist will be AGS Specialists, LLC. Autoliv, Inc. develops and
manufactures automotive safety systems for automotive
manufacturers. The Company's products include seat belts, airbags,
anti-whiplash seats, child restraints and leg protection equipment.
Autoliv tests cars and products at crash test tracks in several
countries. Carter's, Inc. options will open with strike prices of
55 - 60 - 65 and position limits of 5,000,000 shares. The options
will trade on the March expiration cycle with initial expirations
in August, September, December and March. The specialist will be
AGS Specialists, LLC . Carter's, Inc. markets baby and young
children's apparel in the United States. The Company's products are
offered in department stores and Carter's retail stores. Carter's
sells products under the Tykes brand in Target stores and under its
Child of Mine brand in Wal-Mart stores. HouseValues, Inc. options
will open with strike prices of 15 - 17-1/2 - 20 and position
limits of 2,500,000 shares. The options will trade on the March
expiration cycle with initial expirations in August, September,
December and March. The specialist will be TANSTAAFL Research &
Trading, LLC . HouseValues, Inc. provides marketing solutions that
enable real estate agents to capture and cultivate leads and
convert these leads into closed transactions. The Manitowoc
Company, Inc. options will open with strike prices of 40 - 45 - 50
and position limits of 5,000,000 shares. The options will trade on
the March expiration cycle with initial expirations in August,
September, December and March. The specialist will be Susquehanna
Investment Group. The Manitowoc Company, Inc. manufactures ice-cube
machines, ice/beverage dispensers and commercial refrigeration
equipment for the foodservice industry. The Company also produces
lattice-boom cranes, boom trucks and related products for the
construction industry as well as specializes in ship-repair work
for commercial and military vessels. Nexen, Inc. options will open
with strike prices of 30 - 35 - 40 and position limits of 5,000,000
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. Nexen Inc.,
an energy and chemicals company, explores for, produces and markets
crude oil and natural gas. The Company's oil and gas exploration
and development activities are conducted in the United States,
Yemen, Canada, Nigeria, Australia, Colombia and Indonesia. Nexen
also produces sodium chlorate, caustic soda and chlorine in Canada,
the United States and Brazil. Retail Ventures, Inc. options will
open with strike prices of 10 - 12-1/2 - 15 and position limits of
5,000,000 shares. The options will trade on the March expiration
cycle with initial expirations in August, September, December and
March. The specialist will be Jane Street Specialists, LLC. Retail
Ventures, Inc. is an off-price retailer with stores concentrated in
the Midwest, Northeast and Southeast United States. The Company
operates Value City Department Stores and Filene's Basement stores.
Votorantim Celulose e Papel S.A. options will open with strike
prices of 10 - 12-1/2 - 15 and position limits of 7,500,000 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. Votorantim
Celulose e Papel S.A. produces and exports wood- free printing,
writing and specialty papers. The Company also manufactures
eucalyptus pulp, which it sells and uses in the production of
specialty papers. VCP operates integrated pulp and paper mills and
exclusive paper mills in the state of Sao Paulo, Brazil. 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 164
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: American Stock Exchange CONTACT:
Mary Chung, American Stock Exchange, +1-212-306-1641, Web site:
http://www.amex.com/
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