Company Press Release
SOURCE: Chicago Board Options Exchange
CBOE to List LEAPS(R) on KLA-Tencor Corporation (KLAC) on
Tuesday, March 3
CHICAGO, March 2 /PRNewswire/ -- On Tuesday, March 3, the Chicago Board Options Exchange (CBOE) will list
LEAPS(R) (Long-term Equity Anticipation Securities(R)) on KLA-Tencor Corporation (Nasdaq: KLAC - news). With the
addition of KLA-Tencor Corporation, CBOE will list a total of 145 LEAPS on highly capitalized, actively traded equities.
KLA-Tencor Corporation LEAPS will have strike prices of 40, 50 and 60 with expirations in January 1999 (ticker symbol
VXG) and January 2000 (ticker symbol LXG). (Note: strike prices are subject to change based on the price of the underlying
security.)
Trading hours are 8:30 a.m. to 3:02 p.m. Chicago time.
Year-end volume in equity LEAPS for 1997 was 5.14 million contracts (representing 514 million shares of stock).
CBOE also lists the following long-term index options: DJX LEAPS(R), based on the Dow Jones Industrial Average(R); OEX
LEAPS(R) and SPX LEAPS(R), based on the S&P 100(R) and S&P 500(R) stock indexes; and LEAPS on the CBOE
Mexico, Russell 2000(R), Nikkei 300, CBOE Technology, CBOE Internet and CBOE Oil indices. In addition, the Exchange
lists LEAPS on interest rates.
CBOE, regulated by the Securities and Exchange Commission (SEC), is the pioneer of listed options and the world's largest
options marketplace. |
