Monday February 5, 3:11 pm Eastern Time
Press Release
SOURCE: American Stock Exchange
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: UOP/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. |
