PHLX To Begin Trading Avaya Inc.

PHLX To Begin Trading Avaya Inc. The Philadelphia Stock Exchange (PHLX) is pleased to announce that it will begin trading put and call options on Avaya Inc. (option/stock symbol: AV), upon the opening of business on Monday, October 2, 2000.

Options on Avaya Inc. will trade on the January expiration cycle with initial expiration months of October, November, February, and May. Opening strike prices will be 20, 22 ½, 25, and 30.

The PHLX is the first securities exchange in the U.S. and the nation's fastest growing sectors index options exchange. Founded in 1790, PHLX is a market leader in the trading of over 2,300 stocks, 780 equity options, eleven sectors index options and 100 currency pairs.