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American Stock Exchange To Trade Options On Three Securities
NEW YORK, Sept. 9 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
will launch trading in options on Friday, September 9, 2004 on the following
Nasdaq and New York Stock Exchange listed stocks of:
* Blyth, Inc. (Symbol: BTH)
* Olympics Steel, Inc. (Option Symbol: SBQ/Stock Symbol: ZEUS)
* Stamps.com Inc. (Option Symbol: JQX/Stock Symbol: STMP)
Blyth, Inc. options will open with strike prices of 25 - 30 - 35 and position
limits of 1,350, 000 shares. The options will trade on the February expiration
cycle with initial expirations in October, November, February and May. The
Specialist will be TANSTAAFL Research & Trading, LLC. Blyth, Inc. designs,
manufactures, markets and distributes a line of candles and home fragrance
products in the US. The Company's products include scented candles, outdoor
lighting products, potpourri and environmental fragrance products. Blyth also
markets related candle accessories and decorative seasonal products.
Olympics Steel, Inc. options will open with strike prices of 20 - 22 1/2 - 25
and position limits of 2,250,000 shares. The options will trade on the January
expiration cycle with initial expirations in September, October, January and
April. The Specialist will be Kellogg Specialist Group, LLC. Olympic Steel,
Inc. processes and distributes flat-rolled carbon, stainless steel and tubular
steel products. The Company operates as an intermediary between steel
producers and manufactures that require processed steel for their operations.
Stamps.com Inc. options will open with strike prices of 12 1/2 - 15 - 17 1/2
and position limits of 2,250,000 shares. The options will trade on the
February expiration cycle with initial expirations in October, November,
February and May. The Specialist will be Bowery Specialist Group, LLC.
Stamps.com Inc. provides a service for purchasing and printing postage over the
Internet. The Company's core service enables users to print information based
indicia or electronic stamps directly onto envelopes, labels or business
documents using laser or inkjet printers.
The American Stock Exchange(R) (Amex(R)) is the only primary exchange that
offers trading across a full range of equities, options and exchange traded
funds (ETFs), including structured products and HOLDRS(SM). In addition to its
role as a national equities market, the Amex is the pioneer of the ETF,
responsible for bringing the first domestic product to market in 1993. Leading
the industry in ETF listings, the Amex lists 138 ETFs to date. The Amex is also
one of the largest options exchanges in the U.S., trading options on
broad-based and sector indexes as well as domestic and foreign stocks.
DATASOURCE: The American Stock Exchange
CONTACT: Lynn Duffy of American Stock Exchange, +1-212-306-1654,
Web site: http://www.amex.com/