PHLX TO BEGIN TRADING OPTIONS ON HEALTH CARE & RETIREMENT CORP.
PHILADELPHIA, Jan. 22 /PRNewswire/ -- The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading put and call options on Health Care & Retirement Corp. upon the opening of business on Monday, Jan. 25. Health Care & Retirement Corp. operates long-term care centers and provides skilled nursing and rehabilitative services in the United States. The following table lists the stock, symbol, position limits and specialist unit for the new issue: STOCK SYMBOL POSITION LIMITS SPECIALIST Health Care McGowan & Retirement HCR 3,000 Investments Options on Health Care & Retirement Corp. will trade on the February expiration cycle with guaranteed automatic execution (AUTO-X) of up to 10 contracts. The PHLX is the nation's oldest securities exchange and is a market leader in trading more than 2,200 stocks, and more than 250 equity, index, and currency options. /delval/ -0- 1/21/93 /CONTACT: Lynda Lucker of the PHLX, 215-496-5200, or Ian Colley of the Weiser Walek Group, 212-684-4440, for the PHLX/
CO: Philadelphia Stock Exchange; Health Care & Retirement Corp. ST: Pennsylvania IN: SU:
MJ-MK -- PH015 -- 7866 01/22/93 11:06 EST
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|Date:||Jan 22, 1993|
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