American Stock Exchange to Trade Options on Two Securities
May 03 2006 - 5:21PM
PR Newswire (US)
NEW YORK, May 3 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Thursday, May 4, 2006
on the following Nasdaq Stock Market and New York Stock Exchange
listed stocks of: * Gilat Satellite Networks Ltd. (Option Symbol:
UGX/Stock Symbol: GILT) * Intrawest Corporation (Symbol: IDR) Gilat
Satellite Networks Ltd. options will open with strike prices of 5 -
7 1/2 - 10 and position limits of 2,500,000 shares. The options
will trade on the March expiration cycle. The specialist will be
LaBranche Structured Products, LLC. Gilat Satellite Networks Ltd.
designs, develops, manufactures, markets and supports very small
aperture terminal satellite earth stations and related hub
equipment and software. Intrawest Corporation 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. The
specialist will be Jane Street Specialist, LLC. Intrawest
Corporation develops and operates village-centered resorts across
North America. 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 166
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: Kelsey Hubbard of American Stock Exchange,
+1-212-306-1640, Web site: http://www.amex.com/
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