American Stock Exchange Will Launch Options Trading in Three Stocks
07 Januar 2005 - 10:27PM
PR Newswire (US)
American Stock Exchange Will Launch Options Trading in Three Stocks
NEW YORK, Jan. 7 /PRNewswire-FirstCall/ -- The American Stock
Exchange(R) (Amex(R)) today launched trading in options on the
following Nasdaq Stock Market and New York Stock Exchange listed
stocks: * Bluegreen Corporation (Symbol: BXG) * Broadwing
Corporation (Stock Symbol: BWNG/Option Symbol: QBG) * Essex
Corporation (Stock Symbol: KEYW/Option Symbol: PUE) Bluegreen
Corporation options opened with strike prices of 15 - 17.5 - 20 and
position limits of 2.25 million shares. The options trade on the
February expiration cycle with initial expirations in January,
February, May and August. The specialist is LaBranche Structured
Products, LLC. Bluegreen Corporation acquires, develops, markets
and sells timeshare resorts and residential land. The Company's
timeshare resorts are located in a variety of vacation destinations
such as Myrtle Beach, Orlando and Aruba. Broadwing Corporation
options opened with strike prices of 5 - 7.5 - 10 and position
limits of 7.5 million shares. The options trade on the February
expiration cycle with initial expirations in January, February, May
and August. The specialist is TANSTAAFL Research & Trading,
LLC. Broadwing Corporation supplies voice, data and media network
services to enterprises, strategic carriers as well as agencies
within the United States Government Essex Corporation options
opened with strike prices of 15 - 17.5 - 20 and position limits of
2.25 million shares. The options trade on the February expiration
cycle with initial expirations in January, February, May and
August. The specialist is Bowery Specialist Group, LLC. Essex
Corporation develops and commercializes optoelectronic and signal
processing solutions for defense, intelligence and commercial
customers. 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 144
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:
Dan Charnas, American Stock Exchange, +1-212-306-1654, Web site:
http://www.amex.com/
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