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AMEX TO OPEN OPTIONS TRADING ON HOSPITAL CORPORATION OF AMERICA (HCA)

AMEX TO OPEN OPTIONS TRADING ON HOSPITAL CORPORATION OF AMERICA (HCA)
 NEW YORK, June 1 /PRNewswire/ -- The American Stock Exchange today said that on Wednesday, June 3, it will open put and call options on the underlying Class A common stock of Hospital Corporation of America (symbol: HCA).
 Headquartered in Nashville, Tenn., Hospital Corporation of America is one of the nation's leading hospital management companies.
 HCA will open with strike prices of 17-1/2, 20 and 22-1/2 and position limits of 5,500 contracts. Initial expiration months will be June, July, September and December of 1992. Cohen, Cohn, Duffy & McGowan, Inc./Aegis & Co. is the specialist unit for the new options.
 The Amex trades a total of 280 stock options, including 83 options on over-the-counter stocks, as well as 33 LEAPS (TM) (Long-term Equity AnticiPation Securities). In addition, options are traded on five 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), 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 also traded on XMI and XII as well.
 -0- 6/1/92
 /CONTACT: Kathleen Fitzpatrick of AMEX, 212-306-1697/
 (HCA) CO: Hospital Corporation of America ST: Tennessee IN: HEA SU:


AH -- NY062 -- 5778 06/01/92 14:14 EDT
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Publication:PR Newswire
Date:Jun 1, 1992
Words:232
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