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American Stock Exchange to Trade Options on Two Securities
American Stock Exchange to Trade Options on Two Securities
By: PR Newswire
Oct. 25, 2006 07:12 PM
NEW YORK, Oct. 25 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will launch trading in options on Thursday, October 26, 2006, on the following New York Stock Exchange and Nasdaq Stock Market listed stocks of: * SAIC, Inc. (Symbol: SAI) * Syntax-Brillian Corporation (Option Symbol: UEN/Stock Symbol: BRLC) SAIC, Inc. will open with strike prices of 15 - 17 1/2 - 20 and position limits of 20,000,000 shares. The options will trade on the March expiration cycle. The specialist will be AGS Specialists, LLC. SAIC, Inc. provides scientific, engineering, systems integration and technical services and solutions in such areas as national security, intelligence and homeland defense. Syntax-Brillian Corporation will open with strike prices of 2 1/2 - 5 - 7 1/2 and position limits of 7,500,000 shares. The options will trade on the March expiration cycle. The specialist will be Jane Street Specialists, LLC. Syntax-Brillian Corporation develops, manufactures and markets microdisplay products utilizing its liquid crystal on silicon microdisplay technology. About the American Stock Exchange The American Stock Exchange (Amex) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS. 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 196 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. For more information, please visit http://www.amex.com/ . American Stock Exchange
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