To: pat mudge who wrote (1296 ) 5/8/2000 4:47:00 PM From: SecularBull Respond to of 3951
Pacific Exchange to Trade Six New Options SAN FRANCISCO, May 8 /PRNewswire/ -- The Pacific Exchange (PCX) today announced the listing of six new options issues. Automatic Data Processing Inc. (NYSE: AUD - news) options will trade on the February expiration cycle. It opened today, May 8. Position and exercise limits have been set at 50,000 contracts. AUD options have been allocated to lead market maker Cathy Clay of Timber Hill L.L.C. El Paso Energy Corporation (NYSE: EPG - news) options will trade on the January expiration cycle. It opened today, May 8. Position and exercise limits have been set at 31,500 contracts. EPG options have been allocated to lead market maker Amy Farnstrom of Oppenheimer, Noonan, Weiss L.P. Incyte Pharmaceuticals, Inc. (Nasdaq: INCY; PCX: IJP, IPQ, NGQ) options will trade on the March expiration cycle. It opened today, May 8. Position and exercise limits have been set at 4,500 contracts. Incyte Pharmaceuticals, Inc. options have been allocated to lead market maker Eric Haron of Susquehanna Investment Group.SDL, Inc. (Nasdaq: SDLI; PCX: QJV, YAL, QZL, QSL, YSL) options will trade on the March expiration cycle. It opened today, May 8. Position and exercise limits have been set at 45,000 contracts. SDL, Inc. options have been allocated to lead market maker Paul Roesler of Cole Roesler Trading Group. Alcoa, Inc. (NYSE: AA - news) options will trade on the January expiration cycle. It will open on Tuesday, May 9. Position and exercise limits have been set at 75,000 contracts. AA options have been allocated to lead market maker Ron Chin of Chin Options. Engage, Inc. (Nasdaq: ENGA; PCX: GQE, GZZ) options will trade on the March expiration cycle. It will open on Tuesday, May 9. Position and exercise limits have been set at 63,000 contracts. Engage, Inc. options have been allocated to lead market maker John Brown of MJT Securities L.L.C. For expiration cycles and strike prices, visit the PCX Web site at www.pacificex.com. SOURCE: The Pacific Exchange