PHILADELPHIA — August 10, 2005- The Philadelphia Stock Exchange
(PHLX) announced today that it will begin trading three new options
beginning August 11.
Royal Dutch Shell plc ADS (RDS/RDS’A) (option/stock symbol:
RDS) 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 option was allocated
to Timber Hill LLC.
ITC Holdings Corporation (option/stock symbol: ITC) will trade on
the February expiration cycle with initial expiration months August,
September, November, and February. Position and exercise limits have
been set at 25,000 contracts. The option was allocated to LaBranche
Structured Products.
Pike Electric Corporation (option/stock symbol: PEC) will trade on
the February expiration cycle with initial expiration months August,
September, November, and February. Position and exercise limits have
been set at 25,000 contracts. The option was allocated to LaBranche
Structured Products.
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades
2,000 stocks, 1,703 equity options, 25 sectors index options and
currency options and futures. For more information about the PHLX
and its products, visit www.phlx.com
