Printer Friendly

AMEX OPENS OPTIONS TRADING ON BURLINGTON INDUSTRIES

 AMEX OPENS OPTIONS TRADING ON BURLINGTON INDUSTRIES
 NEW YORK, June 24 /PRNewswire/ -- The American Stock Exchange today


opened put and call options on the listed stock of Burlington Industries Equity Inc. (symbol: BUR).
 One of the world's largest and most diversified manufacturers of textile products, Burlington Industries Equity Inc. of Greenboro, N.C., houses nine apparel and home furnishing divisions. The company's denim division is the leading manufacturer of specialty denim fabrics in the United States.
 BUR opened with strike prices of 10, 12-1/2, and 15 and position limits of 5,500 contracts. Initial expiration months are July, August and October of 1992 and January of 1993. Cranmer & Cranmer, Inc. is the specialist unit for the new options.
 The Amex trades a total of 279 stock options, including 76 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- 6/24/92
 /CONTACT: Kathleen Fitzpatrick of AMEX, 212-306-1697/ CO: Burlington Industries Equity Inc. ST: North Carolina IN: TEX SU:


SM -- NY021 -- 3213 06/24/92 10:36 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 24, 1992
Words:239
Previous Article:SHEFFIELD INDUSTRIES COMPLETES PRIVATE PLACEMENT OF NOTES
Next Article:LL&E $100 MIL. 8.25. PERCENT NOTES DUE 2002 RATED 'BBB+' BY FITCH --FITCH FINANCIAL WIRE (FFW)--
Topics:


Related Articles
AMEX'S PHARMACEUTICAL INDEX OPTIONS 'DRG' OFF TO STEADY START; OPEN INTEREST EXCEEDS 5,000 CONTRACTS
AMEX OPENS OPTIONS TRADING ON EL PASO NATURAL GAS COMPANY
AMEX TO TRADE OPTIONS ON ISOLYSER COMPANY AND COGNOS INCORPORATED
AMEX To Trade Options On IDX Systems Corporation
Amex To Trade Options on Coho Energy and Object Design
American Stock Exchange to Trade Options on Four Securities.
American Stock Exchange to Trade Options on Five Securities.
American Stock Exchange to Launch Options Trading in Five Stocks.
Amex to Trade Options on Seven Securities.
American Stock Exchange to Trade Options on Two Securities.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters