The Philadelphia
Stock Exchange (PHLX) announced today that it will begin to trade
ten new options. One option will begin trading today, July 5, 2007.
The nine other options will begin to trade on July 6, 2007. The
option that will begin trading today was allocated to Susquehanna
Investment Group:
Titan International, Inc. (option/stock symbol:
TWI) will trade on the January expiration cycle
with initial expiration months of July, August, October and January.
Position and exercise limits have been set at 75,000 contracts.
The following eight options will begin to trade on July 6, 2007,
and were all allocated to Market Street Securities:
Phazar Corp. (option/stock symbol: QJW/ANTP)
will trade on the January expiration cycle with initial expiration
months of July, August, October and January. Position and exercise
limits have been set at 25,000 contracts.
Infinera Corporation (option/stock symbol: QIM/INFN)
will trade on the January expiration cycle with initial expiration
months of July, August, October and January. Position and exercise
limits have been set at 50,000 contracts.
Altus Pharmaceuticals Inc. (option/stock symbol:
QTA/ALTU) will trade on the March expiration cycle
with initial expiration months of July, August, September and December.
Position and exercise limits have been set at 50,000 contracts.
Bruker BioSciences Corporation (option/stock symbol:
TQB/BRKR) will trade on the February expiration
cycle with initial expiration months of July, August, November and
February. Position and exercise limits have been set at 75,000 contracts.
Cambrex Corporation (option/stock symbol: CBM)
will trade on the March expiration cycle with initial expiration
months of July, August, September and December. Position and exercise
limits have been set at 75,000 contracts.
Northstar Neuroscience, Inc. (option/stock symbol:
QNM/NSTR) will trade on the March expiration cycle
with initial expiration months of July, August, September and December.
Position and exercise limits have been set at 25,000 contracts.
Perrigo Company (option/stock symbol: IQP/PRGO)
will trade on the February expiration cycle with initial expiration
months of July, August, November and February. Position and exercise
limits have been set at 200,000 contracts.
Aeroflex Incorporated (option/stock symbol: ARX/ARXX)
will trade on the March expiration cycle with initial expiration
months of July, August, September and December. Position and exercise
limits have been set at 250,000 contracts.
The final option to begin trading on July 6, 2007 was allocated
to Citadel Derivatives Trading Group LLC:
United States Oil Fund, LP (option/stock symbol:
USO) will trade on the January expiration cycle
with initial expiration months of July, August, October and January.
Position and exercise limits have been set at 250,000 contracts.
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades
over 7,000 stocks, 2,543 equity options, 17 sectors index options
and currency options and futures. For more information about the
PHLX and its products, visit www.phlx.com.
