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Amex to Trade Options on Seven Securities
NEW YORK, June 17 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
will launch trading in options on Monday, June 20, 2005 on the following Nasdaq
Stock Market and New York Stock Exchange listed stocks of:
* Aspect Medical Systems, Inc (Option Symbol: UCU/Stock Symbol: ASPM).
* Citadel Broadcasting Corporation (Symbol: CDL)
* Foster Wheeler Ltd. (Option Symbol: UFB/Stock Symbol: FWLT).
* Global Signal Inc. (Symbol: GSL)
* NewAlliance Bancshares, Inc. (Symbol: NAL)
* Warner Music Group Corp (Symbol: WMG)
* Wheeling-Pittsburgh Corporation (Option Symbol: UFL/Stock Symbol: WPSC).
Aspect Medical Systems, Inc. options open strike prices of 25 - 30 - 35 and
position limits of 5,000,000 shares. The options will trade on the February
expiration cycle with initial expiration on July, August, November, and
February. The specialist will be Group One Trading, LP. Aspect Medical
Systems, Inc. develops, manufactures and markets an anesthesia monitoring
system called the BIS system. The Company's system enables anesthesia
providers to assess and manage a patient's level of consciousness during
surgery.
Citadel Broadcasting Corporation options open strike prices of 10 - 12 1/2 - 15
and position limits of 7,500,000 shares. The options will trade on the
February expiration cycle with initial expiration on July, August, November,
and February. The specialist will be AGS Specialists, LLC. Citadel
Broadcasting Corporation is a radio broadcasting company focused on owning and
operating radio stations in mid-sized markets.
Foster Wheeler Ltd. options open strike prices of 15 - 17 1/2 - 20 and position
limits of 7,500,000 shares. The options will trade on the February expiration
cycle with initial expiration on July, August, November, and February. The
specialist will be Jane Street Specialists, LLC. Foster Wheeler Ltd. provides
design, engineering, construction, manufacturing, project development and
management, research, plant operations and environmental services. The Company
serves the petrochemical, petroleum and gas, pharmaceutical, chemical
processing and other industries.
Global Signal Inc. options open strike price 30 - 35 - 40 and position limits
of 2,500,000 shares. The options will trade on the February expiration cycle
with initial expiration on July, August, November, and February. The
specialist will be Susquehanna Investment Group. Global Signal Inc. is a real
estate investment trust that provides rental space to wireless communications
providers, operators of private networks and government agencies in the U.S.
NewAlliance Bancshares, Inc. options open strike prices of 12 1/2 - 15 - 17
1/2 and position limits of 5,000,000 shares. The options will trade on the
February expiration cycle with initial expiration on July, August, November,
and February. The specialist will be LaBranche Structured Products, LLC.
NewAlliance Bancshares, Inc. is the holding company of NewAlliance Bank. The
Bank offers business and retail loans, deposits, brokerage services, trust and
insurance products and it operates in New Haven and Middlesex Counties,
Connecticut.
Warner Music Group Corporation options open strike prices of 15 - 17 1/2 - 20
and position limits of 7,500,000 shares. The options will trade on the
February expiration cycle with initial expiration on July, August, November,
and February. The specialist will be Kellogg Capital Group, LLC. Warner Music
Group Corp. is a music company composed of both recorded music and music
publishing businesses. The Company markets, sells and licenses recorded music
in physical and digital formats. Warner Music also owns and acquires rights to
musical compositions, exploits and markets these compositions, and receives
royalties or fees for their use.
Wheeling-Pittsburgh Corporation options open strike prices of 17 1/2 - 20 - 22
1/2 and position limits of 2,500,000 shares. The options will trade on the
February expiration cycle with initial expiration on July, August, November,
and February. The specialist will be TANSTAAFL Research & Trading, LLC.
Wheeling-Pittsburgh Corporation produces and processes metals. The Company
manufactures carbon flat rolled steel products for container, appliance and
automobile manufacturers, decking, roofing, siding, culverts, heating and air
conditioning products and coils.
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 156 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/