To: Keith A Walker who wrote (183 ) 11/20/1997 7:03:00 PM From: BenYeung Read Replies (1) | Respond to of 1181
CBOE to List Options on Two Stocks: Raptor Systems, Inc. (RAPT) on Tuesday, November 25; and on Yurie Systems, Inc. (YURI) on Wednesday, November 26 PR Newswire, Thursday, November 20, 1997 at 16:53 CHICAGO, Nov. 20 /PRNewswire/ -- The Chicago Board Options Exchange (CBOE) today announced it will begin trading options on two stocks: Raptor Systems, Inc. (NASDAQ:RAPT)(CBOE: QRP) on Tuesday, November 25; and Yurie Systems,Inc. (NASDAQ:YURI)(CBOE: YQI) on Wednesday, November 26. Raptor Systems, Inc., located in Waltham, Mass., develops, markets, licenses and supports integrated network security software products that provide comprehensive security for organizational networks -- including networks connected to the Internet. QRP options will trade on the March expiration cycle, with introductory expirations in December, January, March and June. Initial strike prices have been set at 12-1/2, 15 and 17-1/2. (Note: strike prices are subject to change based on the price of the underlying security.) G-Bar Limited Partnership has been named the Designated Primary Market Maker (DPM) in the options. Yurie Systems, Inc., located in Landover, Md., designs, manufactures, markets and services asynchronous transfer mode ("ATM") access products for telecommunications service providers, corporate end users and government end users. YQI options will trade on the January expiration cycle, with introductory expirations in December, January, April and July. Initial strike prices have been set at 25, 30 and 35. Tower Trading, L.P. has been named the Designated Primary Market Maker (DPM) in the options. CBOE, regulated by the Securities and Exchange Commission (SEC), is the pioneer of listed options and the world's largest options marketplace.