April 14, 1998 3:18 PM
DOW JONES NEWS SERVICE
CBOE TO BEGIN TRADING OPTIONS ON 3 INFO TECH, SOFTWARE COS.
CHICAGO (Dow Jones)--Complete Business Solutions Inc. (CBSL) options will begin trading Wednesday on the Chicago Board Options Exchange.
In addition, Genesys Telecommunications Laboratories Inc. (GCTI) and Level 3 Communications Inc. (LVLT) options will begin trading Monday on the exchange.
In a press release Tuesday, the exchange said Complete Business options will trade on the January expiration cycle, with introductory expirations in May, June, July and October. Initial strike prices are 30, 35 and 40.
The company provides information technology services.
Genesys options will trade on the March expiration cycle, with introductory expirations in May, June, September and December. Initial strike prices are 30, 35 and 40.
The company provides enterprisewide platform and applications software.
Level 3 options will trade on the March expiration cycle, with introductory expirations in May, June, September and December. Initial strike prices are 55, 60 and 65.
The company provide telecommunications, Internet and information services.
AMEX to begin trading options on LEVEL 3 April 20
Under symbol QHN, the options will open with strike prices of 55,60,and 65 with position limits of 10,500 contracts |
