American Stock Exchange to Trade Options on Google Inc., Class A
26 August 2004 - 9:14PM
PR Newswire (US)
American Stock Exchange to Trade Options on Google Inc., Class A
NEW YORK, Aug. 26 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Friday, August 27, 2004
on the Nasdaq Stock Market listed stock of Google Inc., Class A
(Stock Symbol: GOOG/Option Symbol: GOQ). Google Inc., Class A
options will open with strike prices of 80 to 140 in 5 point
intervals and position limits of 3,150,000 shares. The options will
trade on the March expiration cycle with initial expirations in
September, October, December and March. The specialist will be AGS
Specialists, LLC. The Amex will also introduce LEAPS for January
2006 (YUC) and 2007 (OUP). LEAPS are stock options with an
expiration date of up to three years in the future. Google Inc.
provides a web based search engine through its Google.com website.
The Company offers a wide range of search options, including web,
image, groups, directory and news searches. 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, American Stock Exchange, +1-212-306-1654, Web site:
http://www.amex.com/
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