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PHLX TO BEGIN TRADING TWO NEW EQUITY OPTIONS

 PHILADELPHIA, June 17 /PRNewswire/ -- The Philadelphia Stock Exchange (PHLX) today nounced that it will begin trading put and call options on Life USA Holding Inc. and A.L. Laboratories Inc. upon the opening of business on Monday, June 21.
 The following table lists the stock, ticker symbols, position limits and specialist unit for the new options:
 STOCK SYMBOL POSITION LIMITS SPECIALIST
 Life USA Holding Inc. LUQ/LUSA 3000 DKW Trading
 A.L. Laboratories Inc. BMD 3000 DKW Trading
 Options on the above stocks will trade on the March 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- 6/17/93
 /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; Life USA Holding Inc.;
 A.L. Laboratories Inc. ST: Pennsylvania IN: SU:


MJ-MK -- PH029 -- 3211 06/17/93 15:13 EDT
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Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jun 17, 1993
Words:181
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