AMEX TO OPEN OPTIONS TRADING ON SUNBEAM-OSTER COMPANY, INC.
NEW YORK, Nov. 23 ~PRNewswire~ -- The American Stock Exchange today announced that it will open put and call options trading on Friday, Nov. 27, on the common stock of Sunbeam-Oster Company, Inc. (ticker symbol: SOC). Sunbeam-Oster of Providence, R.I., is an international manufacturer of healthcare products, appliances and outdoor furniture as well as a wide range of household and specialty products. The company specializes in propane, natural gas, charcoal and electric barbecue grills, folding furniture, blankets, clocks, timers, and a wide range of temperature and weather measurement instruments. SOC will open with strike prices of 12 1~2, 15 and 17 1~2 and position limits of 5,500 contracts. Initial expiration months are December of 1992, January, April and July of 1993. Weiskopf, Silver & Co. is the specialist unit for the new options. The Amex trades a total of 298 stock options, including 81 options on over-the-counter stocks, as well as 34 LEAPS(tm) (Long-term Equity AnticiPation Securities). 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 four industry based indexes-- the Oil Index (XOI), the Computer Technology Index (XCI), the Pharmaceutical Index (DRG) and The Biotechnology Index (BTK). -0- 11~23~92 ~CONTACT: Kathleen Fitzpatrick, Manager, Derivative Securities Communications of Amex, 212-306-1697~
CO: Sunbeam-Oster Company, Inc. ST: Rhode Island IN: HOU SU:
SM -- NY017 -- 0311 11~23~92 09:35 EST
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|Date:||Nov 23, 1992|
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