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Amex to Trade Options on Seven Securities
NEW YORK, July 21 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
will launch trading in options on Friday, July 22, 2005 on the New York Stock
Exchange and the Nasdaq Stock Market listed stocks of:
-- Autoliv, Inc. (Symbol: ALV)
-- Carter's, Inc. (Symbol: CRI)
-- HouseValues, Inc. (Stock Symbol: SOLD/Option Symbol: UZZ)
-- The Manitowoc Company, Inc. (Symbol: MTW)
-- Nexen, Inc. (Symbol: NXY)
-- Retail Ventures, Inc. (Symbol: RVI)
-- Votorantim Celulose e Papel S.A. (Symbol: VCP)
Autoliv, Inc. options will open with strike prices of 45 - 50 - 55 and position
limits of 7,500,000 shares. The options will trade on the March expiration
cycle with initial expirations in August, September, December and March. The
specialist will be AGS Specialists, LLC. Autoliv, Inc. develops and
manufactures automotive safety systems for automotive manufacturers. The
Company's products include seat belts, airbags, anti-whiplash seats, child
restraints and leg protection equipment. Autoliv tests cars and products at
crash test tracks in several countries.
Carter's, Inc. options will open with strike prices of 55 - 60 - 65 and
position limits of 5,000,000 shares. The options will trade on the March
expiration cycle with initial expirations in August, September, December and
March. The specialist will be AGS Specialists, LLC . Carter's, Inc. markets
baby and young children's apparel in the United States. The Company's products
are offered in department stores and Carter's retail stores. Carter's sells
products under the Tykes brand in Target stores and under its Child of Mine
brand in Wal-Mart stores.
HouseValues, Inc. options will open with strike prices of 15 - 17-1/2 - 20 and
position limits of 2,500,000 shares. The options will trade on the March
expiration cycle with initial expirations in August, September, December and
March. The specialist will be TANSTAAFL Research & Trading, LLC . HouseValues,
Inc. provides marketing solutions that enable real estate agents to capture and
cultivate leads and convert these leads into closed transactions.
The Manitowoc Company, Inc. options will open with strike prices of 40 - 45 -
50 and position limits of 5,000,000 shares. The options will trade on the
March expiration cycle with initial expirations in August, September, December
and March. The specialist will be Susquehanna Investment Group. The Manitowoc
Company, Inc. manufactures ice-cube machines, ice/beverage dispensers and
commercial refrigeration equipment for the foodservice industry. The Company
also produces lattice-boom cranes, boom trucks and related products for the
construction industry as well as specializes in ship-repair work for commercial
and military vessels.
Nexen, Inc. options will open with strike prices of 30 - 35 - 40 and position
limits of 5,000,000 shares. The options will trade on the March expiration
cycle with initial expirations in August, September, December and March. The
specialist will be LaBranche Structured Products, LLC. Nexen Inc., an energy
and chemicals company, explores for, produces and markets crude oil and natural
gas. The Company's oil and gas exploration and development activities are
conducted in the United States, Yemen, Canada, Nigeria, Australia, Colombia and
Indonesia. Nexen also produces sodium chlorate, caustic soda and chlorine in
Canada, the United States and Brazil.
Retail Ventures, Inc. options will open with strike prices of 10 - 12-1/2 - 15
and position limits of 5,000,000 shares. The options will trade on the March
expiration cycle with initial expirations in August, September, December and
March. The specialist will be Jane Street Specialists, LLC. Retail Ventures,
Inc. is an off-price retailer with stores concentrated in the Midwest,
Northeast and Southeast United States. The Company operates Value City
Department Stores and Filene's Basement stores.
Votorantim Celulose e Papel S.A. options will open with strike prices of 10 -
12-1/2 - 15 and position limits of 7,500,000 shares. The options will trade on
the March expiration cycle with initial expirations in August, September,
December and March. The specialist will be LaBranche Structured Products, LLC.
Votorantim Celulose e Papel S.A. produces and exports wood- free printing,
writing and specialty papers. The Company also manufactures eucalyptus pulp,
which it sells and uses in the production of specialty papers. VCP operates
integrated pulp and paper mills and exclusive paper mills in the state of Sao
Paulo, Brazil.
For more information on any Amex-listed company, please visit
http://www.amex.com/.
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 164 ETFs. 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. For more information,
please visit http://www.amex.com/.
DATASOURCE: American Stock Exchange
CONTACT: Mary Chung, American Stock Exchange, +1-212-306-1641,
Web site: http://www.amex.com/