WE will have options on Monday 5/10.
PCX to Trade Five New Options
PR Newswire - May 04, 1999 16:06
SAN FRANCISCO, May 4 /PRNewswire/ -- The Pacific Exchange (PCX) has announced that, on Friday, May 7, 1999, it will begin trading options on CSK Auto Corporation (NYSE: CAO; PCX) and NetSpeak Corporation (Nasdaq: NSPK; PCX: NNQ).
The PCX will also begin trading options on AboveNet Communications, Inc. (Nasdaq: ABOV; PCX: UBV), eFax.com, Inc. (Nasdaq: EFAX; PCX: FUW), and Workflow Management, Inc. (Nasdaq: WORK; PCX: WUK) on Monday, May 10, 1999.
CSK Auto Corporation (CAO) options will trade on the February expiration cycle. It will open on May 7 with strike prices of 22 1/2, 25, and 30, and will be available for the months of May, June, August, and November. Position and exercise limits have been set at 13,500 contracts. The underlying stock will be available at the Pacific Exchange. CAO options have been allocated to lead market makers Bruce Ulriksen and David Eglit of Spear, Leeds & Kellogg, who assure the disseminated market quote is firm for 25 contracts.
NetSpeak Corporation options will trade on the February expiration cycle. It will open on May 7 with strike prices of 7 1/2, 10, and 12 1/2, and be available for the months of May, June, August, and November. Position and exercise limits have been set at 22,500 contracts. NNQ options have been allocated to lead market makers Michael Cooney, Jonathan Donahue, and Charles Ziegler of Cooney, Donahue, Ziegler, who assure the disseminated market quote is firm for 25 contracts.
AboveNet Communications, Inc. options will trade on the February expiration cycle. It will open on May 10 with strike prices of 35, 40, and 45, and will be available for the months of May, June, August, and November. Position and exercise limits have been set at 75,000 contracts. UBV options have been allocated to lead market makers Matthew Shaffer and Patrick Ward of TFM Investment Group, who assure the disseminated market quote is firm for 25 contracts.
eFax.com, Inc. options will trade on the February expiration cycle. It will open on May 10 with strike prices of 17 1/2, 20, and 22 1/2, and will be available for the months of May, June, August, and November. Position and exercise limits have been set at 75,000 contracts. FUW options have been allocated to lead market makers Matthew Shaffer and Patrick Ward of TFM Investment Group, who assure the disseminated market quote is firm for 20 contracts.
Workflow Management, Inc. options will trade on the February expiration cycle. It will open on May 10 with strike prices of 7 1/2, 10, and 12 1/2, and will be available for the months of May, June, August, and November. Position and exercise limits have been set at 22,500 contracts. WUK options have been allocated to lead market makers Bruce Ulriksen and David Eglit of Spear, Leeds & Kellogg, who assure the disseminated market quote is firm for 25 contracts.
SOURCE Pacific Exchange
/CONTACT: Betty Manning, of the Pacific Exchange, 415-393- |
