Printer Friendly

AMEX TO BEGIN TRADING LEAPS ON BLOCKBUSTER ENTERTAINMENT CORP.

 NEW YORK, Jan. 8 /PRNewswire/ -- The American Stock Exchange today said on Monday, January 11, it will introduce LEAPS(TM) (Long-term Equity AnticiPation Securities) on the underlying common stock of the largest video chain retailer in the U.S., Blockbuster Entertainment Corporation (ticker symbol: BV).
 Amex Blockbuster Entertainment LEAPS will have expirations in January 1994 (LEAPS symbol: WBV) and January 1995 (LEAPS symbol: VBV). WBV and VBV will open with strike prices of 15, 20 and 25.
 LEAPS are long-term options that allow investors to participate in upward or downward movements of a particular stock or index, having up to three years until expiration. The Amex already trades regular-term options on Blockbuster Entertainment.
 The Amex trades a total of 298 stock options, including 81 options on over-the-counter stocks, as well as 35 LEAPS. 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 four industry based indexes -- the Oil Index (XOI), the Computer Technology Index (XCI), the Pharmaceutical Index (DRG) and The Biotechnology Index (BTK).
 -0- 1/8/93
 /CONTACT: Kathleen Fitzpatrick Manager, Derivative Securities Communications 212/306-1697
 (BV)


CO: Blockbuster Entertainment Corporation ST: Texas IN: ENT SU:

TS -- NY024 -- 3003 01/08/93 11:45 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 8, 1993
Words:231
Previous Article:TIME WARNER $1.0 BILLION 9-1/8 PCT. SENIOR NOTES RATED 'BBB-' BY FITCH -- FITCH FINANCIAL WIRE --
Next Article:DRIVER EXAM CENTERS CLOSED FOR STATE HOLIDAYS
Topics:


Related Articles
AMEX OPENS LEAPS TRADING IN BELLSOUTH, COLUMBIA GAS SYSTEM, US WEST, AND WELLS FARGO & CO.
AMEX OPENS TRADING IN LEAPS ON AMERICAN BARRICK RESOURCES CORP.
BLOCKBUSTER TO ACQUIRE SPELLING ENTERTAINMENT SHARES
BLOCKBUSTER TO ACQUIRE SPELLING ENTERTAINMENT SHARES
AMEX TO BEGIN TRADING OPTIONS ON AMEX-LISTED NTN COMMUNICATIONS AND ADVANTA CORP. CLASS B
SPELLING ENTERTAINMENT COMPLETES SALE OF SHARES TO BLOCKBUSTER
SPELLING ENTERTAINMENT COMPLETES SALE OF SHARES TO BLOCKBUSTER
CBOE TO LIST 16 EQUITY LEAPS WITH JANUARY 1997 EXPIRATIONS, INTEREST RATE LEAPS WITH DECEMBER 1996 EXPIRATIONS
DUFF & PHELPS ASSIGNS INITIAL RATING OF 'BBB' TO BLOCKBUSTER ENTERTAINMENT'S SENIOR UNSECURED DEBT
Amex to Trade Options on Blockbuster Inc., Class A Shares.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters