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The Philadelphia Stock Exchange (PHLX) announced today that it will begin to trade seven new options on January 10, 2008. The following options were all allocated to LaBranche Structured Products, LLC:
Och-Zif Capital Management Group (option/stock symbol: OZM) will trade on the March expiration cycle with initial expiration months of January, February, March and June. Position and exercise limits have been set at 75,000 contracts.OceanFreight, Inc. (option/stock symbol: QZV/OCNF) will trade on the March expiration cycle with initial expiration months of January, February, March and June. Position and exercise limits have been set at 50,000 contracts.
Bidz.com, Inc. (option/stock symbol: QGZ/BIDZ) will trade on the March expiration cycle with initial expiration months of January, February, March and June. Position and exercise limits have been set at 75,000 contracts.
51 Job, Inc. (option/stock symbol: UUJ/JOBS) will trade on the January expiration cycle with initial expiration months of January, February, April and July. Position and exercise limits have been set at 25,000 contracts.
Gramercy Capital Corporation (option/stock symbol: GKK) will trade on the January expiration cycle with initial expiration months of January, February, April and July. Position and exercise limits have been set at 75,000 contracts.
SORL Auto Parts, Inc. (option/stock symbol: SQE/SORL) will trade on the January expiration cycle with initial expiration months of January, February, April and July. Position and exercise limits have been set at 25,000 contracts.
World Wrestling Entertainment, Inc. (option/stock symbol: WWE) will trade on the January expiration cycle with initial expiration months of January, February, April and July. Position and exercise limits have been set at 50,000 contracts.
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades over 7,000 stocks, 2,639 equity options, 16 sectors index options and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com.
