American Stock Exchange to Launch Options Trading in Four Stocks
15 December 2004 - 7:22AM
PR Newswire (US)
American Stock Exchange to Launch Options Trading in Four Stocks
NEW YORK, Dec. 14 /PRNewswire/ -- The American Stock Exchange
(Amex) will launch trading in options on Wednesday, December 15,
2004 on the following Nasdaq Stock Market and New York Stock
Exchange listed stocks: Bowne & Co., Inc. (Symbol: BNE) EGL,
Inc. (Stock Symbol: EAGL/Option Symbol: KUF) JLG Industries, Inc.
(Symbol: JLG) PolyOne Corporation (Symbol: POL) Bowne & Co.,
Inc. options will open with strike prices of 12-1/2 - 15 - 17-1/2
and position limits of 2,250,000 shares. The options will trade on
the February expiration cycle with initial expirations in January,
February, May and August. The specialist will be LaBranche
Structured Products, LLC. Bowne & Co., Inc. manages, repurposes
and distributes a client's information to any audience, through any
medium, in any language, anywhere in the world. The Company manages
documents on the client's site or at its own facilities. Bowne
provides business services and solutions for transactional
financial, corporate reporting and mutual fund printing, as well as
other services. EGL, Inc. options will open with strike prices of
25 - 30 - 35 and position limits of 3,150,000 shares. The options
will trade on the February expiration cycle with initial
expirations in January, February, May and August. The specialist
will be Bowery Specialist Group, LLC. EGL, Inc. is a global freight
transportation company. The Company's services include air and
ocean freight forwarding, customs brokerage, local pick up and
delivery service, materials management, warehousing, trade
facilitation and procurement and integrated logistics and supply
chain management services. JLG Industries, Inc. options will open
with strike prices of 15 - 17-1/2 - 20 and position limits of
3,150,000 shares. The options will trade on the February expiration
cycle with initial expirations in January, February, May and
August. The specialist will be Stuyvesant Trading Groupe. JLG
Industries, Inc. manufactures, distributes and markets aerial work
platforms, variable-reach material handlers and telescopic
hydraulic excavators. The Company sells its products to independent
distributors who rent and sell the Company's products to a broad
range of customers, including users in the industrial, commercial,
institutional and construction markets. PolyOne Corporation options
will open with strike prices of 7-1/2 - 10 - 12-1/2 and position
limits of 3,150,000 shares. The options will trade on the February
expiration cycle with initial expirations in January, February, May
and August. The specialist will be Group One Trading, L.P. PolyOne
Corporation is an international polymer services company with
operations in North America, Europe, Asia, Australia and South
America. The Company provides thermoplastic compounds, specialty
resins, specialty polymer formulations engineered films and color
and additive systems. 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: The American Stock Exchange
CONTACT: Dan Charnas of the American Stock Exchange,
+1-212-306-1654, Web site: http://www.amex.com/
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