Correction -- American Stock Exchange
In NYM137, Amex to Trade Options on Optical Communication Products, Inc. And TeleCommunication Systems, Inc., moved Monday, Feb. 5, we are advised by a representative of the company that the first bullet point should read "Option Symbol: UHY" rather than "Option Symbol: UOP" as originally issued. Complete, corrected release follows:
Amex to Trade Options on Optical Communication Products, Inc. And TeleCommunication Systems, Inc.
NEW YORK, Feb. 5 /PRNewswire/ -- The American Stock Exchange will launch trading in options on Monday, February 12, 2001 on the following Nasdaq Stock Market listed stocks of:
-- Optical Communication Products, Inc.
(Option Symbol: UHY/Stock Symbol: OCPI)
-- TeleCommunication Systems, Inc.
(Option Symbol: QTY/Stock Symbol: TSYS)
Optical Communication Products, Inc. options will open with strike prices of 12-1/2 - 15 - 17-1/2 and position limits of 31,500 contracts. The options will trade on the January expiration cycle, with initial expirations in March, April, July & October. The specialist will be Letco-Specialist L.P. Optical Communication Products, Inc. designs, manufactures, and sells a line of optoelectronic subsystems and modules for metropolitan area networks and high speed premises networks using fiber optic technology.
TeleCommunication Systems, Inc. options will open with strike prices of 7-1/2 - 10 - 12-1/2 and position limits of 22,500 contracts. The options will trade on the January expiration cycle, with initial expirations in March, April, July & October. The specialist will be Wolverine Trading L.P. TeleCommunication Systems, Inc. develops network applications that enable the delivery of Internet content, short messages, and enhanced data communication services to a variety of wireless devices.
The American Stock Exchange®, a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), is the only primary exchange that offers trading across a full range of equities, Exchange Traded Funds (ETFs), including structured products and HOLDRS(SM), and options. In addition to its role as a national equities market, the Amex is the leader in Exchange Traded Funds (ETFs) listings (DIAMONDS®, FORTUNE 500® Index Tracking Stock, FORTUNE e-50(TM) Index Tracking Stock, iShares(SM), MidCap SPDRs(TM), Nasdaq-100 Index Tracking Stock(SM), Select Sector SPDRs®, SPDRs® and streetTRACKS(SM)) and is the second-largest options exchange in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, visit amex.com.
SOURCE: American Stock Exchange |
