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AMEX TO OPEN PUT AND CALL OPTIONS TRADING ON THE WESTERN COMPANY OF NORTH AMERICA

 NEW YORK, April 5 /PRNewswire/ -- The American Stock Exchange today announced that it will open options trading on the listed stock of the Western Company of North America (ticker symbol: WSN) on Thursday, April 8.
 An international offshore drilling company, Western Company of North America provides a variety of pressure pumping services to the petroleum industry. Headquartered in Houston, the company is concentrating on increasing its international operations.
 WSN will open with strike prices of 10, 12-1/2 and 15 and position limits of 3,000 contracts. Initial expiration months will be May, June, September and December of 1993. GHM, Inc., will be the specialist unit for the new options.
 The AMEX trades a total of 309 stock options, including 86 options on over-the-counter stocks, as well as 42 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- 4/5/93
 /CONTACT: Kathleen Fitzpatrick, manager - derivative securities communications of AMEX, 212-306-1697/
 (WSN)


CO: The Western Company of North America ST: Texas IN: OIL SU:

GK -- NY028 -- 2959 04/05/93 10:48 EDT
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Publication:PR Newswire
Date:Apr 5, 1993
Words:238
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