PHILADELPHIA — December 29, 2006 -The Philadelphia Stock Exchange
(PHLX) announced today that it will begin to trade six new options
on January 5, 2007. The following option was allocated to Citigroup
Derivatives Markets, Inc.:
Market Vectors Gold Miners ETF (option/stock symbol:
GDX) will trade on the March expiration cycle with
initial expiration months of January, February, March and June.
Position and exercise limits have been set at 75,000 contracts.
The next two options were allocated to McGowan Investors, L.P.:
Energy East Corporation (option/stock symbol: EAS)
will trade on the January expiration cycle with initial expiration
months of January, February, April and July Position and exercise
limits have been set at 75,000 contracts.
Tarragon Corporation (option/stock symbol: QFP/ARR)
will trade on the January expiration cycle with initial expiration
months of January, February, April and July. Position and exercise
limits have been set at 50,000 contracts.
The final three options were allocated to Timber Hill Inc.:
iShares Goldman Sachs Networking (option/stock
symbol: IGN) will trade on the March expiration
cycle with initial expiration months of January, February, March
and June. Position and exercise limits have been set at 50,000 contracts.
iShares Goldman Sachs Semiconductor Index Fund (option/stock
symbol: IGW) will trade on the January expiration
cycle with initial expiration months of January, February, April
and July. Position and exercise limits have been set at 50,000 contracts.
KBR, Inc. (option/stock symbol: KBR)
will trade on the March expiration cycle with initial expiration
months of January, February, March and June. Position and exercise
limits have been set at 25,000 contracts.
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades
over 7,000 stocks, 2,327 equity options, 17 sectors index options
and currency options and futures. For more information about the
PHLX and its products, visit www.phlx.com.
