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PHLX TO LIST OPTIONS ON SNAPPLE BEVERAGE (SQP/SNPL)

 PHILADELPHIA, June 15 /PRNewswire/ -- The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading put and call options on Snapple Beverage upon the opening of business on Monday, June 21, 1993.
 The following table lists the stock, ticker symbol, position limits, and specialist unit for the new option:
 STOCK SYMBOL POSITION LIMITS SPECIALIST
 Snapple Beverage SQP/SNPL 8000 Park Avenue Securities
 Options on Snapple Beverage will trade on the March expiration cycle, and will be guaranteed an automatic execution (AUTO-X) of up to 10 contracts.
 The PHLX is the nation's oldest securities exchange and is a market leader in trading more than 2,200 stocks, and more than 250 equity, index and currency options.
 /delval/
 -0- 6/15/93
 /CONTACT: Lynda Lucker of the PHLX, 215-496-5200, or Ian Colley of The Weiser Walek Group, 212-684-4440, for the PHLX/


CO: Philadelphia Stock Exchange; Snapple Beverage ST: Pennsylvania IN: SU:

MK-MJ -- PH016 -- 2255 06/15/93 15:29 EDT
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Publication:PR Newswire
Date:Jun 15, 1993
Words:159
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