AMEX To Trade Options On Tucson Electric, Affinity Tech
NEW YORK (Dow Jones)--The American Stock Exchange will begin trading options on the
stock of Tucson Electric Power Co. (TEP) and Affinity Technology Group In. (AFFI) Oct. 30.
In a press release, the stock exchange said Tucson Electric would open with strike prices of 17
1/2, 20 and 22 1/2 and position limits of 4,500 contracts. Initial expiration months will be
November and December, 1996, and February and May, 1997. GHM Inc. will be the specialist
unit for the options.
The American Stock Exchange said Affinity Technology would open with strike prices of 5, 7 1/2
and 10 and position limits of 7,500 contracts. Initial expiration months will be November and
December, 1996, and March and June, 1997. Spear, Leeds & Kellogg will be the specialist unit. |
