New options including NETS now. I may drop my common in NETS and shift to calls if the premiums are good.
NETWORK EVENT THEATRE INC 16 3/16
AMEX TO TRADE THREE NEW OPTIONS
4/15/99 12:39:53 PM
NEW YORK, April 15 /PRNewswire/ -- The American Stock Exchange today announced it expects to trade options on the Nasdaq National Market stocks of Network Event Theater, Inc. (stock/options symbol: NETS/NTU), Rocky Mountain Internet, Inc. (RMII/RMU) and THINK New Ideas, Inc. (THINK/THU) beginning Tuesday, April 20.
Network Event Theater, Inc., based in New York City, provides media and marketing services to college campuses. The company offers "American Passage" college newspaper placement service, "Beyond the Wall" print poster catalog and "Network Event Theater" national network of theaters.
NTU will open with initial strike prices of 12-1/2, 15 and 17-1/2, with position limits of 31,500 contracts. Initial expiration months will be May, June, August and November of 1999. The specialist unit for the new options will be Group One Trading L.P.
Rocky Mountain Internet, Inc., based in Denver, Colorado, is a full-service, national communications company. The company provides local telephone service and IP Telephony long distance service, as well as Internet access, Web development management, system integration, and co-location services.
RMU will open with initial strike prices of 15, 17-1/2 and 20, with position limits of 31,500 contracts. Initial expiration months will be May, June, August and November of 1999. The specialist unit for the new options will be Kalb Voorbis & Co./Cranmer & Cranmer, Inc.
THINK New Ideas, Inc., based in New York City, provides marketing, technology, and interactive business solutions to Fortune 500 and other clients. The company's integrated solutions include the development of several proprietary Internet and Intranet tools and applications including "E-corp," "ASAP" and "WebMechanic."
THU will open with initial strike prices of 10, 12-1/2 and 15, with position limits of 31,500 contracts. Initial expiration months will be May, June, August and November of 1999. The specialist unit for the new options will be Susquehanna Investment Group.
The Amex trades options on 29 broad-based and sector indexes and 1,087 domestic and foreign stocks, as well as Long-term Equity Anticipation Securities(R) (LEAPS(R)) on 120 stocks. Amex is a leader in listing warrants on indexes, hybrid instruments and other structured products. The Amex is home to the Index Share(TM) Marketplace, which includes SPDRs(R). Select Sector SPDRs(R), DIAMONDS(SM), MidCap SPDRs(TM), WEBS(TM) and Nasdaq-100 Shares(SM).
The Nasdaq-Amex Market Group(SM), which operates The Nasdaq Stock Market(R) and the American Stock Exchange(R), is a subsidiary of the National Association of Securities Dealer, Inc. (NASD(R)), the largest securities-industry, self-regulatory organization in the United States. The union of Nasdaq(R) and Amex(R) creates the world's first financial market that brings together central auction specialist and multiple Market Maker systems.
For more information about The Nasdaq-Amex Market Group, visit the Nasdaq-Amex Web site at nasdaq-amex.com or the Nasdaq-Amex Newsroom(SM) at nasdaq-amexnews.com
SOURCE Nasdaq-Amex Market Group
media - Stephan Pechdimaldji of Nasdaq-Amex Market Group, 212-306-1489/
/Web site: nasdaq-amexnews.com
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