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AMEX TO TRADE OPTIONS ON LTV CORPORATION ON OCT. 6

 NEW YORK, Sept. 29 /PRNewswire/ -- The American Stock Exchange today announced it will open put and call options trading on the listed stock of The LTV Corporation (stock/option symbol: LTV) on Wednesday, Oct. 6.
 LTV Corporation, based in Dallas, is the third largest U.S. steelmaker and one of the largest suppliers of hot and cold rolled sheet for the automotive and consumer durable markets. The company is also a supplier of oilfield equipment.
 LTV will open with strike prices of 7-1/2, 10 and 12, and position limits of 5,500 contracts. Initial expiration months will be November and December of 1993 and February and May of 1994. GHM, Inc. is the specialist unit for the new options.
 The Amex trades a total of 346 stock options, including 98 options on over-the-counter stocks, as well as 43 LEAPS(R)(Long-term Equity AnticiPation Securities)(R). In addition, options are traded on eight broad market indexes--the Major Market Index (XMI), the XMI LEAPS(R) Index (XLT), the S&P MidCap 400 Index and MidCap LEAPS(R) (MID), the Institutional Index (XII), the Japan Index (JPN), the EUROTOP 100 Index (EUR), the Morgan Stanley Cyclical Index (CYC) and the Morgan Stanley Consumer Index (CMR)--as well as six industry-based indexes--the Oil Index (XOI), the Computer Technology Index (XCI), the Pharmaceutical Index (DRG), the DRG LEAPS(R) Index (DGL), The Biotechnology Index (BTK), and the BTK LEAPS(R) Index (BKL).
 -0- 9/29/93
 /CONTACT: Kathleen Fitzpatrick, manager, Derivative Securities Communications of American Stock Exchange, 212-306-1697/


CO: The LTV Corporation ST: Texas IN: MNG SU:

WB -- NY046 -- 6828 09/29/93 12:33 EDT
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Publication:PR Newswire
Date:Sep 29, 1993
Words:272
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