AMEX OPENS OPTIONS TRADING ON IMMUNOGEN
AMEX OPENS OPTIONS TRADING ON IMMUNOGEN NEW YORK, Feb. 19 /PRNewswire/ -- The American Stock Exchange today
opened put and call options on the over-the-counter stock of ImmunoGen, Inc. (options symbol: GEQ).
Headquartered in Cambridge, Mass., ImmunoGen develops pharmaceuticals for the treatment of cancer. GEQ opened with strike prices of 17-1/2, 20 and 22-1/2, and position limits of 3,000 contracts. Initial expiration months are March, April, June, and September of 1992. Miceli, Van Caneghan and Co. is the specialist unit for the new options. The Amex trades a total of 268 stock options, including 79 options on over-the-counter stocks. In addition, options are traded on five broad market indexes -- the Major Market Index (XMI), XMI LEAPS(TM) (XLT), S&P MidCap 400 Index (MID), the Institutional Index (XII) and the Japan Index (JPN) -- as well as two industry-based indexes --the Oil Index (XOI) and the Computer Technology Index (XCI). CAPS -- capped options -- are traded on XMI and XII as well. The exchange also trades 27 LEAPS(TM) on leading stocks which have expirations up to almost three years. -0- 2/19/92 /CONTACT: Shelly Wolfe of AMEX, 212-306-1641/ CO: ImmunoGen Inc. ST: Massachusetts IN: MTC SU: SH -- NY034 -- 0400 02/19/92 11:17 EST
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|Date:||Feb 19, 1992|
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