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PHLX TO BEGIN TRADING OPTIONS ON HOSPITAL CORPORATION OF AMERICA

 PHLX TO BEGIN TRADING OPTIONS ON HOSPITAL CORPORATION OF AMERICA
 PHILADELPHIA, June 1 /PRNewswire/ -- The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading put and call options on Hospital Corporation of America (HCA) upon the opening of business on Wednesday, June 3, 1992.
 The specialist unit for Hospital Corporation of America is O'Connor & Associates. HCA options will trade on the March expiration cycle with position limits set at 5,500 contracts. Initial strike prices have been set at 17-1/2, 20 and 22-1/2.
 The PHLX is the nation's oldest securities exchange and is a market leader in trading stocks and options. Founded in 1790, PHLX originated trading in foreign currency options and today is the world's largest exchange-traded market for these options.
 /delval/
 -0- 6/1/92
 /CONTACT: Lynda Lucker of the PHLX, 215-496-5200, or Ian Colley of The Weiser Walek Group, 212-684-4440/ CO: Philadelphia Stock Exchange; Hospital Corporation of America ST: Pennsylvania IN: SU:


CC-LJ -- PH030 -- 5866 06/01/92 16:04 EDT
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Publication:PR Newswire
Date:Jun 1, 1992
Words:168
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