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AMEX OPENS OPTIONS TRADING ON XTRA CORPORATION

 NEW YORK, May 26 /PRNewswire/ -- The American Stock Exchange today opened put and call options trading on the listed stock of XTRA Corporation (ticker symbol: "XTR").
 Headquartered in Boston, XTRA Corporation is one of the two largest U.S. companies that lease highway trailers and intermodal equipment, serving trucking companies, railroads and water carriers.
 XTR opened with strike prices of 35, 40 and 45 and position limits of 3,000 contracts. Initial expiration months are June, July, September and December of 1993. GHM, Inc. is the specialist unit for the new options.
 The Amex trades a total of 324 stock options, including 86 options on over-the-counter stocks, as well as 42 LEAPS(tm) (Long-term Equity AnticiPation Securities). In addition, options are traded on six broad- market indexes-- the Major Market Index (XMI), the XMI LEAPS(tm) Index (XLT), the S&P MidCap 400 Index (MID), the Institutional Index (XII), the Japan Index (JPN) and the EUROTOP 100 Index (EUR)-- as well as five industry based indexes-- the Oil Index (XOI), the Computer Technology Index (XCI), the Pharmaceutical Index (DRG), the DRG LEAPS(tm) Index (DGL) and The Biotechnology Index (BTK).
 -0- 5/26/93
 /CONTACT: Kathleen Fitzpatrick, manager, derivative securities communications of American Stock Exchange, 212-306-1697/
 (XTR)


CO: XTRA Corporation ST: Massachusetts IN: TRN SU:

SM -- NY029 -- 2406 05/26/93 11:25 EDT
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Publication:PR Newswire
Date:May 26, 1993
Words:224
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