Jenna, thought this might be of interest since so many Gemmers trade options....
Thursday April 29, 9:06 pm Eastern Time
PCX to trade options on Covad, Advantage Learning
CHICAGO, April 29 (Reuters) - The Pacific Exchange (PCX) will begin trading options on Covad
Communications Group Inc. (COVD - news) on Monday, May 3, the exchange said on Thursday.
PCX said it would also start trading options on Advantage Learning Systems Inc. (ALSI - news),
K-Swiss Inc. (KSWS - news) and Pinnacle Systems (PCLE - news) on Tuesday, May 4.
Covad, which will trade on the March expiration cycle, will have strike prices of 90, 95 and 100.
Advantage, K-Swiss and Pinnacle options will all trade on the January expiration cycle. Strike prices have been set at 25, 30 and 35 for
Advantage Learning options, 35, 40 and 45 for K-Swiss and 50, 55 and 60 for Pinnacle, the exchange said. |
