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AMEX TO TRADE OPTIONS ON STATION CASINOS, INC. SEPT. 17

 NEW YORK, Sept. 10 /PRNewswire/ -- The American Stock Exchange said it will open options trading on the over-the-counter stock of Station Casinos, Inc. (stock/option symbol: STCI/SQS) on Friday, Sept. 17, 1993.
 Station Casinos, based in Las Vegas, is a gaming enterprise that owns a leading Las Vegas hotel and casino as well as slot route management, vending and payphone businesses in southern Nevada and Louisiana. The company is also expanding its operations in Las Vegas and in the metropolitan St. Louis area.
 SQS will open with strike prices of 12 1/2, 15, and 17 1/2 and position limits of 5,500 contracts. Initial expiration months will be October and November of 1993, and January and April of 1994. Charlton, Goin/SLK will be the specialist unit for the new options.
 The Amex trades a total of 344 stock options, including 97 options on over-the-counter stocks, as well as 43 LEAPS(R) (Long-term Equity AnticiPation Securities)(R). In addition, options are traded on six 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) 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(R) Index (DGL), The Biotechnology Index (BTK), and the BTK LEAPS(R) Index (BKL).
 -0- 9/10/93
 /CONTACT: Kathleen Fitzpatrick, manager, derivative securities communications of American Stock Exchange, 212-306-1697/


CO: Station Casinos, Inc. ST: Nevada IN: CNO SU:

SM -- NY043 -- 0778 09/10/93 13:26 EDT
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Publication:PR Newswire
Date:Sep 10, 1993
Words:276
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