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PHLX TO BEGIN TRADING OPTIONS ON PETsMART, INC.

 PHILADELPHIA, Dec. 29 /PRNewswire/ -- The Philadelphia Stock Exchange (PHLX) has announced it will begin trading put and call options on PETsMART, Inc. (PQM/PETM) upon the opening of business on Friday, Dec. 31, 1993.
 The following table lists the stock, ticker symbol, position limits and specialist unit for the new issue:
 Stock Symbol Position Limits Specialist
 PETsMART, Inc. PQM/PETM 7,500 G-Bar Ltd. Partnership
 Options on PETsMART, Inc. will trade on the February expiration cycle and will be guaranteed an 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- 12/29/93
 /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 ST: Pennsylvania IN: FIN SU: D

JO-JM -- PH008 -- 6585 12/29/93 12:08 EST
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Publication:PR Newswire
Date:Dec 29, 1993
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