American Stock Exchange to Trade Options on Seven Securities
19 October 2004 - 4:58AM
PR Newswire (US)
American Stock Exchange to Trade Options on Seven Securities NEW
YORK, Oct. 18 /PRNewswire-FirstCall/ -- The American Stock
Exchange(R) (Amex(R)) will launch trading in options on Tuesday,
October 19, 2004 on the following Nasdaq Stock Market and New York
Stock Exchange listed stocks of: -- CSK Auto Corporation (Symbol:
CAO) -- FX Energy, Inc. (Option Symbol: IWQ/Stock Symbol: FXEN) --
Guess?, Inc. (Symbol: GES) -- Kellwood Company (Symbol: KWD) --
Philippine Long Distance Telephone Company (Symbol: PHI) -- Ryerson
Tull, Inc. (Symbol: RT) -- Silver Standard Resources Inc (Option
Symbol: IZU/Stock Symbol: SSRI) CSK Auto Corporation options will
open with strike prices of 10 - 12-1/2 - 15 and position limits of
3,150,000 shares. The options will trade on the March expiration
cycle with initial expirations in November, December, March and
June. The specialist will be Highland Securities Co. CSK Auto
Corporation retails automotive parts and accessories in the Western
United States. FX Energy, Inc. options will open with strike prices
of 5 - 7-1/2 - 10 and position limits of 2,250,000 shares. The
options will trade on the March expiration cycle with initial
expirations in November, December, March and June. The specialist
will be Bowery Specialist Group, LLC. FX Energy, Inc. explores for
and produces oil and gas, primarily in the Republic of Poland. The
Company also has limited oil production and reserves in Montana and
Nevada, as well as oil and gas exploration projects in other
western states. Guess?, Inc. options will open with strike prices
of 15 - 17-1/2 - 20 and position limits of 2,250,000 shares. The
options will trade on the March expiration cycle with initial
expirations in November, December, March and June. The specialist
will be Group One Trading L.P. Guess?, Inc. designs, markets,
distributes and licenses a collection of casual apparel,
accessories and related consumer products. Kellwood Company options
will open with strike prices of 30 - 35 - 40 and position limits of
2,250,000 shares. The options will trade on the March expiration
cycle with initial expirations in November, December, March and
June. The specialist will be Charlton Specialist Partners, LLC.
Kellwood Company and its subsidiaries manufacture and market
apparel and related soft goods. Philippine Long Distance Telephone
Company options will open with strike prices of 22-1/2 - 25 - 30
and position limits of 1,350,000 shares. The options will trade on
the March expiration cycle with initial expirations in November,
December, March and June. The specialist will be LaBranche
Structured Products, LLC. Philippine Long Distance Telephone
Company provides domestic and international long distance and
cellular telephone services. The Company's business group include
fixed line, wireless, and information and communications
technology. Ryerson Tull, 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 March expiration cycle with initial
expirations in November, December, March and June. The specialist
will be TANSTAAFL Research & Trading, LLC. Ryerson Tull, Inc.
is a metals service center in the United States. The Company
distributes and processes metals and other materials, operating as
an intermediary between primary metals producers and customers.
Silver Standard Resources Inc. options will open with strike prices
of 12-1/2 - 15 - 17-1/2 and position limits of 6,000,000 shares.
The options will trade on the March expiration cycle with initial
expirations in November, December, March and June. The specialist
will be Bowery Specialist Group, LLC. Silver Standard Resources
Inc. is a silver exploration company focused on acquiring and
developing silver resources on a global basis. The Company has
projects in the United States, Australia, Mexico, Argentina, Peru
and Chile. 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 143 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. Web site: http://www.amex.com
DATASOURCE: The American Stock Exchange CONTACT: Lynn Duffy of The
American Stock Exchange, +1-212-306-1654, or
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