AMEX TO LAUNCH OPTIONS ON VIDEO LOTTERY TECHNOLOGIES, INC.
NEW YORK, July 27 /PRNewswire/ -- The American Stock Exchange today announced it will open put and call options trading on the over-the- counter stock of Video Lottery Technologies, Inc. (stock/option symbol: VLTS/VRQ) on Monday, Aug. 2, 1993. Through a subsidiary, Video Lottery Technologies manufactures, designs and markets video terminals, central control system software and related services for the video lottery market. The company, based in Bozeman, Mont., also operates computer-based networks for state lotteries and off-track betting authorities. VRQ will open with strike prices of 10, 12 1/2 and 15, and position limits of 5,500 contracts. Initial expiration months will be August, September and November of 1993 and February of 1994. AGS Specialist Partners will be the specialist unit for the new options. The Amex trades a total of 337 stock options, including 92 options on over-the-counter stocks, as well as 43 LEAPS. In addition, options are traded on six 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), the Japan Index (JPN) and the EUROTOP 100 Index (EUR) -- as well as six industry based indexes -- the Oil Index (XOI), the Computer Technology Index (XCI), the Pharmaceutical Index (DRG), the DRG LEAPS(tm) Index (DGL), The Biotechnology Index (BTK), and the BTK LEAPS(tm) Index (BKL). -0- 7/27/93 /CONTACT: Kathleen Fitzpatrick, manager, derivative securities communications of American Stock Exchange, 212-306-1697/ (VLTS)
CO: American Stock Exchange ST: Montana IN: CPR SU:
SM -- NY011 -- 6039 07/27/93 08:12 EDT
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|Date:||Jul 27, 1993|
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