American Stock Exchange To Trade Options On Three Securities
09 September 2004 - 10:56PM
PR Newswire (US)
American Stock Exchange To Trade Options On Three Securities NEW
YORK, Sept. 9 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Friday, September 9,
2004 on the following Nasdaq and New York Stock Exchange listed
stocks of: * Blyth, Inc. (Symbol: BTH) * Olympics Steel, Inc.
(Option Symbol: SBQ/Stock Symbol: ZEUS) * Stamps.com Inc. (Option
Symbol: JQX/Stock Symbol: STMP) Blyth, Inc. options will open with
strike prices of 25 - 30 - 35 and position limits of 1,350, 000
shares. The options will trade on the February expiration cycle
with initial expirations in October, November, February and May.
The Specialist will be TANSTAAFL Research & Trading, LLC.
Blyth, Inc. designs, manufactures, markets and distributes a line
of candles and home fragrance products in the US. The Company's
products include scented candles, outdoor lighting products,
potpourri and environmental fragrance products. Blyth also markets
related candle accessories and decorative seasonal products.
Olympics Steel, Inc. options will open with strike prices of 20 -
22 1/2 - 25 and position limits of 2,250,000 shares. The options
will trade on the January expiration cycle with initial expirations
in September, October, January and April. The Specialist will be
Kellogg Specialist Group, LLC. Olympic Steel, Inc. processes and
distributes flat-rolled carbon, stainless steel and tubular steel
products. The Company operates as an intermediary between steel
producers and manufactures that require processed steel for their
operations. Stamps.com Inc. options will open with strike prices of
12 1/2 - 15 - 17 1/2 and position limits of 2,250,000 shares. The
options will trade on the February expiration cycle with initial
expirations in October, November, February and May. The Specialist
will be Bowery Specialist Group, LLC. Stamps.com Inc. provides a
service for purchasing and printing postage over the Internet. The
Company's core service enables users to print information based
indicia or electronic stamps directly onto envelopes, labels or
business documents using laser or inkjet printers. 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, Web site:
http://www.amex.com/
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