PCX to Trade Options on General Magic, Inc.
June 17, 1998 12:20 PM
SAN FRANCISCO, June 17 /PRNewswire/ -- The Pacific Exchange (PCX) will begin trading options on General Magic, Inc. on Wednesday, June 24, 1998.
Strike prices of 10, 12 1/2, and 15 will be available for the months of July, August, November, and February. Position and exercise limits have been set at 25,000 contracts.
GGQ options have been allocated to pit reps James Burleson and Dan Brady of the First Union Corporation trading crowd, who assures that the disseminated market quote is firm for 20 contracts.
For more information about the Pacific Exchange, visit its Web site at www.pacificex.com.
SOURCE Pacific Exchange
|
