Press release on SAP options!!
Tuesday August 4, 12:06 pm Eastern Time
Company Press Release
SOURCE: The American Stock Exchange
Amex To Trade Options On AptarGroup, LCC International and SAP AG
NEW YORK, Aug. 4 /PRNewswire/ -- The American Stock Exchange today announced it will trade options on the listed stock of AptarGroup, Inc. (stock/option symbol: ATR), the
Nasdaq National Market Stock of LCC International, Inc. (stock/option symbol: LCCI/QXC) and the American Depositary Receipts of SAP AG (stock/option symbol: SAP)
beginning Monday, August 10.
AptarGroup, Inc., based in Crystal Lake, Illinois, designs, manufactures and sells consumer product dispensing systems. The company provides its services to the pharmaceutical,
personal care, household products and food industries.
ATR will open with strike prices of 55, 60 and 65, with position limits of 4,500 contracts. Initial expiration months will be August, September and October of 1998, and January of
1999. The specialist unit for the new options will be TFM Investment Group.
LCC International, Inc., based in McLean, Virginia, provides radio frequency engineering and network design services and products to the wireless telecommunications industry
worldwide. The company's services and products include system deployment, engineering, network analysis software and field testing equipment.
QXC will open with strike prices of 7-1/2, 10 and 12-1/2, with position limits of 7,500 contracts. Initial expiration months will be August, September and December of 1998, and
March of 1999. The specialist unit for the new options will be Charlton, Goin, SLK.
SAP AG, based in Germany, is a multi-national software company. The company develops business software, provides training services and consults on organizational usage of its
application software to distributors and business partners worldwide.
SAP will open with strike prices of 55, 60 and 65, with position limits of 7,500 contracts. Initial expiration months will be August, September and December of 1998, and March of
1999. The specialist unit for the new options will be Susquehanna Investment Group.
The Amex trades options on 30 broad-based and sector indexes and 1,000 domestic and foreign stocks, as well as Long-term Equity AnticiPation Securities(R) (LEAPS(R)) on 116
stocks. The Amex is a leader in listing warrants on foreign currencies and indexes, hybrid instruments and other structured products.
Visit Amex at amex.com.
SOURCE: The American Stock Exchange |
