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AMEX OPENS LEAPS ON TRITON ENERGY AND WESTINGHOUSE ELECTRIC

 AMEX OPENS LEAPS ON TRITON ENERGY AND WESTINGHOUSE ELECTRIC
 NEW YORK, Feb. 27 /PRNewswire/ -- The American Stock Exchange today began trading in LEAPS -- Long-Term Equity Anticipation Securities -- on Triton Energy Corporation and Westinghouse Electric Corporation. LEAPS have longer term expirations than regular term options, providing investors with opportunities to seek profit or protection from broad stock market movements on a long-term basis.
 Triton Energy Corp. opened with strike prices of 25, 40, and 60, and are trading under the ticker symbols ZOI and WOI for January 1993 and 1994 respectively.
 Westinghouse Corporation opened with strike prices of 15, 20 and 25, and are trading under the ticker symbols ZWX and WWX for 1993 and 1994 respectively.
 The Amex trades a total of 268 stock options, including 79 options on over-the-counter stocks. In addition, options are traded on five broad market indexes -- the Major Market Index (XMI), XMI LEAPS(TM) (XLT), 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 traded on XMI and XII as well. The Exchange also trades 29 LEAPS(TM) on leading stocks which have expirations up to almost three years.
 -0- 2/27/92
 /CONTACT: Shelly Wolfe, assistant director of the American Stock Exchange, 212-306-1641/ CO: Triton Energy Corporation; Westinghouse Electric Corporation ST: Texas, Pennsylvania IN: OIL SU:


TS -- NY053 -- 3286 02/27/92 12:50 EST
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Publication:PR Newswire
Date:Feb 27, 1992
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