The Philadelphia Stock Exchange (PHLX) announced today that it will begin to trade a new option on March 29, 2007. The following option has been allocated to Market Street Securities:
Pre-Paid Legal Services, Inc.
(option/stock symbol: PPD) will trade on the February expiration cycle with initial expiration months of April, May, August, November and January. Position and exercise limits have been set at 25,000 contracts.
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades over 7,000 stocks, 2,434 equity options, 17 sectors index options and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com.
