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AMEX OPENS OPTIONS TRADING ON DWG CORPORATION

 AMEX OPENS OPTIONS TRADING ON DWG CORPORATION
 NEW YORK, May 13 /PRNewswire/ -- The American Stock Exchange today


opened put and call options trading on the listed stock of DWG Corporation.
 Headquartered in Miami, DWG Corporation is a holding company with a diversity of business interests through its subsidiaries. The company owns Arby's, the largest franchised restaurant system of its type, operates Royal Crown Cola Company and is also involved in utility and municipal services, liquefied petroleum gas and insurance, as well as the manufacturing and distribution of home furnishings and apparel textiles.
 DWG opened with strike prices of 7-1/2, 10, and 12-1/2, and position limits of 3,000 contracts. Initial expiration months are June, July, and October of 1992, and January 1993. Bear, Stearns & Co., Inc. is the specialist unit for the new options.
 The Amex trades a total of 279 stock options, including 82 options on over-the-counter stocks. 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 traded on XMI and XII as well. The Exchange also trades 33 LEAPS (tm) on leading stocks that have expirations up to almost three years.
 -0- 5/13/92
 /CONTACT: Shelly Wolfe of Amex, 212-306-1641/ CO: DWG Corporation ST: Florida IN: LEI SU:


LR -- NY046 -- 9655 05/13/92 12:00 EDT
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Publication:PR Newswire
Date:May 13, 1992
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