VERIFONE LEAPS ON CBOE. This is good news.
--------------------------------------------------
PR Newswire, Monday, March 03, 1997 at 12:44
CHICAGO, March 3 /PRNewswire/ -- The Chicago Board Options Exchange (CBOE)
on Wednesday, March 5, will list LEAPS(R) (Long-term Equity AnticiPation
Securities(R)) on Dean Witter, Discover and Company (ticker symbol DWD) and
VeriFone, Inc. (VFI). With the addition of these two LEAPS, CBOE will list a
total of 103 LEAPS on highly capitalized, actively traded equities.
Dean Witter, Discover and Company LEAPS will have strike prices of 30, 40
and 50 with expirations in January 1998 (ticker symbol WWD) and in January
1999 (VWD). (Note: strike prices are subject to change based on the price of
the underlying security.)
VeriFone, Inc. LEAPS will have strike prices of 30, 35 and 40 with
expirations in January 1998 (ticker symbol WVF) and in January 1999 (VVF).
Equity LEAPS trade in units of 100 shares of stock per contract, are
American-style exercise and settle in stock.
Trading hours are 8:30 to 3:10 p.m. Chicago time.
CBOE also lists long-term index options, based on 1/10th the value of
their respective underlying indices: OEX LEAPS(R) and SPX LEAPS(R), based on
the S&P 100(R) and S&P 500(R) stock indexes; and LEAPS on the CBOE Mexico,
Russel 2000(R), Nikkei 300, CBOE Technology, CBOE Internet and CBOE Oil
indices. In addition, the exchange lists LEAPS on interest rates.
For additional information about CBOE and its products, analytical tools
and delayed quotes, access the CBOE site on the World Wide Web at
cboe.com or call CBOE at 1-800-OPTIONS.
CBOE, regulated by the Securities and Exchange Commission, is the pioneer
of listed options and the world's largest options marketplace.
SOURCE Chicago Board Options Exchange
-0- 03/03/97
/CONTACT: Stan Lata, 312-786-7392, or Bonnie Greenberg, 312-786-7393,
both of CBOE/ |
