American Stock Exchange Trades Options on Eight PowerShares DB Commodity ETFs
May 09 2007 - 2:30PM
PR Newswire (US)
NEW YORK, May 9 /PRNewswire/ -- Today the American Stock
Exchange(R) (Amex(R)) launched trading in options on the following
Amex-listed exchange traded funds: -- PowerShares DB Agriculture
Fund (DBA) -- PowerShares DB Base Metals Fund (DBB) -- PowerShares
DB Commodity Index Tracking Fund (DBC) -- PowerShares DB Energy
Fund (DBE) -- PowerShares DB Oil Fund (DBO) -- PowerShares DB
Precious Metals (DBP) -- PowerShares DB Silver Fund (DBS) --
PowerShares DB Gold Fund (DGL) PowerShares DB Agriculture Fund
options will open with strike prices of 20-30 (1 pt increments) and
position limits of 5,000,000 shares. The options will trade on the
January expiration cycle. The specialist will be Bluefin
Specialist, LLC. The Fund is designed to track the Deutsche Bank
Liquid Commodity Index-Optimum Yield Agriculture Excess Return(TM)
(DBLCI-OY Agriculture ER(TM)), which is intended to reflect the
agricultural sector. The Index Commodities consist of Corn, Wheat,
Soybeans and Sugar PowerShares DB Base Metals Fund options will
open with strike prices of 20-35 (1 pt increments) and position
limits of 2,500,000 shares. The options will trade on the January
expiration cycle. The specialist will be Group One Trading, LP. The
Fund is designed to track the Deutsche Bank Liquid Commodity
Index-Optimum Yield Industrial Metals Excess Return(TM) (DBLCI-OY
Industrial Metals ER(TM)), which is intended to reflect the base
metals sector. The Index Commodities consist of Aluminum, Zinc and
Copper-Grade A. PowerShares DB Commodity Index Tracking Fund
options will open with strike prices of 20-30 (1 pt increments) and
position limits of 2,500,000 shares. The options will trade on the
January expiration cycle. The specialist will be Bluefin
Specialist, LLC. The Fund seeks to track changes, whether positive
or negative, in the level of the Deutsche Bank Liquid Commodity
Index-Optimum Yield Excess Return(TM), or the Index, over time,
plus the excess, if any, of the Master Fund's interest income from
its holdings of United States Treasury and other high credit
quality short-term fixed income securities over the expenses of the
Fund and the Master Fund. The Index Commodities are Light, Sweet
Crude Oil, Heating Oil, Aluminum, Gold, Corn and Wheat. PowerShares
DB Energy Fund options will open with strike prices of 20-35 (1 pt
increments) and position limits of 2,500,000 shares. The options
will trade on the January expiration cycle. The specialist will be
Bluefin Specialist, LLC. The Fund is designed to track the Deutsche
Bank Liquid Commodity Index-Optimum Yield Energy Excess Return(TM)
(DBLCI-OY Energy ER(TM)), which is intended to reflect the energy
sector. PowerShares DB Oil Fund options will open with strike
prices of 20-30 (1 pt increments) and position limits of 2,500,000
shares. The options will trade on the January expiration cycle. The
specialist will be AGS/STR/OTA. The Fund is designed to track the
Deutsche Bank Liquid Commodity Index-Optimum Yield Crude Oil Excess
Return(TM) (DBLCI-OY CL ER(TM)), which is intended to reflect the
changes in market value of crude oil. PowerShares DB Precious
Metals options will open with strike prices of 20- 35 (1 pt
increments) and position limits of 2,500,000 shares. The options
will trade on the January expiration cycle. The specialist will be
Group One Trading, LP. The Fund is designed to track the Deutsche
Bank Liquid Commodity Index-Optimum Yield Precious Metals Excess
Return(TM) (DBLCI-OY Precious Metals ER(TM)), which is intended to
reflect the precious metals sector. PowerShares DB Silver Fund
options will open with strike prices of 20-35 (1 pt increments) and
position limits of 2,500,000 shares. The options will trade on the
January expiration cycle. The specialist will be Group One Trading,
LP. The Fund is designed to track the Deutsche Bank Liquid
Commodity Index-Optimum Yield Silver Excess Return(TM) (DBLCI-OY SI
ER(TM)), which is intended to reflect the changes in market value
of silver. PowerShares DB Gold Fund options will open with strike
prices of 20-35 (1 pt increments) and position limits of 2,500,000
shares. The options will trade on the January expiration cycle. The
specialist will be Group One Trading, LP. The Fund is designed to
track the Deutsche Bank Liquid Commodity Index-Optimum Yield Gold
Excess Return(TM) (DBLCI-OY GC ER(TM)), which is intended to
reflect the changes in market value of gold. About the American
Stock Exchange The American Stock Exchange(R) (Amex(R)) 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 291 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. For more information, please visit http://www.amex.com/.
DATASOURCE: American Stock Exchange CONTACT: Catherine Chantharaj,
of American Stock Exchange, +1-212-306- 1689, Web site:
http://www.amex.com/
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