Amex to Trade Options on Six Securities
February 25 2004 - 12:31PM
PR Newswire (US)
Amex to Trade Options on Six Securities NEW YORK, Feb. 25
/PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will
launch trading in options on Thursday, February 26, 2004 on the
following Nasdaq Stock Market and New York Stock Exchange listed
stocks of: -- Bio-Reference Laboratories, Inc. (Option Symbol:
BJQ/Stock Symbol: BRLI) -- Homestore, Inc. (Option Symbol:
UUU/Stock Symbol: HOMS) -- iVillage Inc. (Option Symbol: VVV/Stock
Symbol: IVIL) -- Martin Marietta Materials, Inc. (Symbol: MLM) --
Overseas Shipholding Group, Inc. (Symbol: OSG) -- Saxon Capital,
Inc. (Option Symbol: XXX/Stock Symbol: SAXN) Bio-Reference
Laboratories, Inc. options will open with strike prices of 15 - 17
1/2 - 20 and position limits of31,500 contracts. The options will
trade on January expiration cycle with initial expirations in
March, April, July and October. The specialist will be Tanstaafl
Research & Trading, LLC. Bio-Reference Laboratories, Inc.
operates an independent clinical laboratory in the Northeast United
States. Homestore, Inc. options will open with strike prices of 2
1/2 - 5 - 7 1/2 and position limits of 75,000 contracts. The
options will trade on January expiration cycle with initial
expirations in March, April, July and October. The specialist will
be Charlton Specialist Partners, LLC. Homestore, Inc. supplies
online media and technology to the real estate industry. iVillage
Inc. options will open with strike prices of 5 - 7 1/2 - 10 and
position limits of 22,500 contracts. The options will trade on
January expiration cycle with initial expirations in March, April,
July and October. The specialist will be Bowery Specialist Group,
LLC. iVillage Inc. is an online women's network. Martin Marietta
Materials, Inc. options will open with strike prices of 40 - 45- 50
and position limits of 22,500 contracts. The options will trade on
January expiration cycle with initial expirations in March, April,
July and October. The specialist will be LaBranche Structured
Products, LLC. Martin Marietta Materials, Inc. produces aggregates
for the construction industry, including highways, infrastructure,
commercial and residential. Overseas Shipholding Group, Inc.
options will open with strike prices of 30 - 35 - 40 and position
limits of 22,500 contracts. The options will trade on January
expiration cycle with initial expirations in March, April, July and
October. The specialist will be Highland Securities Corp. Overseas
Shipholding Group, Inc. maintains a fleet of marine transport
vessels. Saxon Capital, Inc. options will open with strike prices
of 22 1/2 - 25 - 30 and position limits of 22,500 contracts. The
options will trade on January expiration cycle with initial
expirations in March, April, July and October. The specialist will
be Kellogg Specialist Group, LLC. Saxon Capital, Inc. originates,
securitizes and services non-conforming residential mortgage loans,
which are primarily secured by first mortgages. 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: Media -
Jeanette Volpi, American Stock Exchange, +1-212-306-1650, Web site:
http://www.amex.com/
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