American Stock Exchange to Trade Options on Eight Securities
31 August 2004 - 8:39PM
PR Newswire (US)
American Stock Exchange to Trade Options on Eight Securities NEW
YORK, Aug. 31 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Wednesday, September 1,
2004 on the following New York Stock Exchange listed stocks of: *
The Estee Lauder Companies Inc., Class A (Symbol: EL) * Nordic
American Tanker Shipping Ltd. (Symbol: NAT) * Ohio Casualty Corp.
(Option Symbol: OHQ/Stock Symbol: OCAS) * Sanderson Farms, Inc.
(Option Symbol: SQS/Stock Symbol: SAFM) * Shanda Interactive
Entertainment Ltd. (Option Symbol: QKU/Stock Symbol: SNDA) * II-VI
Incorporated (Option Symbol: JIU/Stock Symbol: IIVI) * Santarus,
Inc. (Option Symbol: JUO/Stock Symbol: SNTS) * Seattle Genetics,
Inc. (Option Symbol: JUS/Stock Symbol: SGEN) The Estee Lauder
Companies Inc. options will open with position limits of 7,500,000
shares. The options will trade on the January expiration cycle. The
Specialist will be Fogel Group, LLC. The Estee Lauder Companies
Inc. manufactures and markets skin care, makeup, fragrance and hair
care products. Nordic American Tanker Shipping Ltd. options will
open with position limits of 2,250,000 shares. The options will
trade on the January expiration cycle. The Specialist will be
Bowery Specialist Group, LLC. Nordic American Tanker Shipping
Limited is a shipping company that owns and charters Suezmax
tankers for oil transportation. Ohio Casualty Corp. options will
open with position limits of 3,150,000 shares. The options will
trade on the February expiration cycle. The Specialist will be
Stuyvesant Trading Group. Ohio Casualty Corporation is a property
and casualty insurer. The Company's primary products include
insurance for personal auto, commercial, property, homeowners and
workers' compensation. Sanderson Farms, Inc. options will open with
position limits of 2,250,000 shares. The options will trade on the
February expiration cycle. The Specialist will be Charlton
Specialist Partners, LLC. Sanderson Farms, Inc. produces,
processes, markets and distributes fresh and frozen chicken
products. The Company also processes, markets and distributes
processed and prepared food items. Shanda Interactive Entertainment
Ltd. will open with position limits of 2,250,000 shares. The
options will trade on the March expiration cycle. The Specialist
will be LaBranche Structured Products, LLC. Shanda Interactive
Entertainment Ltd. operates online games in China. The Company
offers a portfolio of online games that users play over the
Internet. Shanda's games are licensed from third parties as well as
developed in-house. II-VI Incorporated options will open with
position limits of 1,350,000 shares. The options will trade on the
January expiration cycle. The Specialist will be Tanstaafl Research
& Trading, LLC. II-VI Incorporated designs, manufactures and
markets optical and optoelectronic devices used in laser
processing, fiber-optic telecommunication, infrared missile
guidance, advanced x-ray systems and nuclear radiation detection.
Santarus, Inc. options will open with position limits of 2,250,000
shares. The options will trade on the January expiration cycle. The
Specialist will be Group One Trading, L.P. Santarus, Inc. is a
pharmaceutical company focused on acquiring, developing and
commercializing proprietary products for the prevention and
treatment of gastrointestinal diseases and disorders. Seattle
Genetics, Inc. options will open with position limits of 2,250,000
shares. The options will trade on the January expiration cycle. The
Specialist will be Tanstaafl Research & Trading, LLC. Seattle
Genetics, Inc. discovers and develops monoclonal antibody-based
drugs to treat cancer and related diseases. 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: Mary Chung
of American Stock Exchange, +1-212-306-1641, Web site:
http://www.amex.com/
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