Not being informed on the subject of options trading, I'd appreciate anyone explaining the significance of the following. Thanks.
PCX sets four more options listings for next week
SAN FRANCISCO, Jan 29 (Reuters) - The Pacific Exchange (PCX) said Thursday it would begin trading options on Aeroflex Inc (ARX - news) and ABM Industries Inc (ABM - news) on February 2 and on Dollar Thrifty Automotive Group Inc (DTG - news) and Fresh Del Monte Produce Inc (FDP - news) on February 3.
The following table lists the stocks' ticker symbols and the options' strike prices, expiration months, position limits in number of contracts and lead market makers.
Ticker Strikes Expir. Pos Lts. Market Maker -------------------------------------------------------------- 5, 7-1/2, Feb, Mar, 4,500 Goodstock LLC 10 Jun, Sep 25, 30, 35 Feb, Mar, 4,500 Berger Barnett Jun, Sep Investment 17-1/2, 20, Feb, Mar, 4,500 Group One Trading 22-1/2 Apr, Jul 10, 12-1/2, Feb, Mar, 7,500 Group One Trading 15 Jun, Sep |