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PHLX TO LIST OPTIONS ON DEAN WITTER, DISCOVER & CO.

 PHILADELPHIA, May 25 /PRNewswire/ -- The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading put and call options on Dean Witter, Discover & Co. (DWD) upon the opening of business on Tuesday, June 1, 1993.
 The following table lists the stock, ticker symbol, position limits, and specialist unit for the new option:
 POSITION
 STOCK SYMBOL LIMITS SPECIALIST
 Dean Witter, Discover DWD 8000 Park Avenue Securities
 Options on Dean Witter, Discover & Co. will trade on the January 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- 5/25/93
 /CONTACT: Lynda Lucker of the Philadelphia Stock Exchange, 215-496-5200, or Ian Colley of The Weiser Walek Group, 212-684-4440.


CO: Philadelphia Stock Exchange; Dean Witter Discover & Co. ST: Pennsylvania IN: FIN SU: JM-MP -- PH022 -- 2261 05/25/93 15:11 EDT
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Publication:PR Newswire
Date:May 25, 1993
Words:166
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