Amex to Trade Options on AstroPower, Inc., Celeritek, Inc. And InterWorld Corporation
PR Newswire - July 26, 2000 16:18
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NEW YORK, July 26 /PRNewswire/ -- The American Stock Exchange will launch trading in options on the Nasdaq National Market-listed stocks AstroPower, Inc. (Options Symbol: PUW / Stock Symbol: APWR), Celeritek, Inc. (Options Symbol: UCK / Stock Symbol: CLTK), and InterWorld Corporation (Options Symbol: IUD / Stock Symbol: INTW) on Tuesday, August 1, 2000.
AstroPower, 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 the March expiration cycle, with initial expirations in August, September, December and March. The specialist will be Hunter Specialist LLC/ Bear Specialist, Inc. Jt. Account. AstroPower is the largest US-owned manufacturer of solar electric power products, and one of the world's fastest growing solar electric power companies.
Celeritek, Inc. options will open with strike prices of 35 - 40 - 45 and position limits of 31,500 contracts. The options will trade on the March expiration cycle, with initial expirations in August, September, December and March. The specialist will be Susquehanna Investment Group. Celeritek designs and manufactures gallium arsenide, or GaAs, semiconductor components and GaAs-based subsystems used in the transmission of voice, video and data over wireless communications networks.
InterWorld Corporation options will open with strike prices of 22-1/2 - 25 - 30 and position limits of 22,500 contracts. The options will trade on the March expiration cycle, with initial expirations in August, September, December and March. The specialist will be Knight Financial Products, LLC. InterWorld Corporation is a leading provider of mission-ready(TM) e-commerce software solutions that enable manufacturers, distributors and retailers to compete and evolve in today's global digital economy.
The American Stock Exchange(R), a subsidiary of the National Association of Securities Dealers, Inc. (NASD(R)), is the only primary exchange that offers trading across a full range of equities, Index Shares(SM), including structured products, and options. In addition to its role as a national equities market, the Amex is the leader in Index Share listings (DIAMONDS(R), iShares(SM), MidCap SPDRs(TM), Nasdaq-100 Index Tracking Stock(SM), Select Sector SPDRs(R), and SPDRs(R)) 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
/CONTACT: Laura J. Orgon, 212-681-1700, ext. 200, for The American Stock Exchange/
/Web site: amex.com
(APWR CLTK INTW) |