PHILADELPHIA — July 26, 2005- The Philadelphia Stock Exchange
(PHLX) announced today that it will begin trading one new option beginning
July 27. The option was allocated to Market Street Securities.
ElkCorp (option/stock symbol: ELK) will trade on the January
expiration cycle with initial expiration months August, September,
October, and
January. Position and exercise limits have been set at 50,000 contracts.
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades
2,000 stocks, 1,703 equity options, 26 sectors index options and
currency options and futures. For more information about the PHLX
and its products,
visit www.phlx.com
