JNPR options to begin trading Oct 7 CBOE to list four options October 5, 7
Reuters, Friday, October 01, 1999 at 13:17
CHICAGO, Oct 1 (Reuters) - The Chicago Board Options Exchange (CBOE) said it will list options October 5 on ADC Telecommunications Inc. (NASDAQ:ADCT) and Precision Castpart Corp. (NYSE:PCP) and will add options October 7 on Juniper Networks Inc. (NASDAQ:JNPR) and Network Plus Corp. (NASDAQ:NPLS). ADC Telecommunications, based in Minnetonka, Minn., supplies voice, video, and data systems for telephone, cable television, Internet, broadcast, and wireless networks. TFM Investment Group has been named the Designated Primary Market Maker (DPM) in the options. The expirations cycle and strike prices are unavailable at this time. Precision Castpart Corp., located in Portland, Oregon, is a worldwide manufacturer of complex metal components and products. The company manufactures large, complex structural investment castings and airfoil castings used in jet aircraft engines. Susquehanna Investment Group, Inc. has been named the DPM in the options. The expiration cycle and strike prices are unavailable at this time. Juniper Networks, Inc., headquartered in Mountain View, Calif., provides Internet infrastructure solutions for Internet service providers and other telecommunications service providers. Juniper options will trade on the January expiration cycle with introductory expirations in November, December, January and April. Initial strike prices have been set at 190, 195 and 200. Peak6 Capital Management LLC has been named the DPM in the options. Network Plus Corp., a network-based communications provider headquartered in Quincy, Mass., offers broadband data and telecommunications services. Its options will trade on the March expiration cycle with introductory expirations in November, December, March and June. Initial strike prices have been set at 12-1/2, 15 and 17-1/2. Susquehanna Investment Group Inc. has been named the DPM in the options. chicago.derivatives.newsroom@reuters.com))
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