PHILADELPHIA — July 31, 2007 - The Philadelphia
Stock Exchange (PHLX) announced today that it will begin to trade
seven new options on August 1, 2007. The following option was allocated
to McGowan Investors, L.P.:
Actuant Corporation (option/stock symbol: ATU)
will trade on the February expiration cycle with initial expiration
months of August, September, November and February. Position and
exercise limits have been set at 75,000 contracts.
The following option was allocated to Group One Ltd.:
Bowne & Co., Inc. (option/stock symbol: BNE)
will trade on the February expiration cycle with initial expiration
months of August, September, November and February. Position and
exercise limits have been set at 50,000 contracts.
The following option was allocated to Citigroup Derivatives Markets,
Inc.:
Discover Financial Services (option/stock symbol:
DFS) will trade on the January expiration cycle
with initial expiration months of August, September, October and
January. Position and exercise limits have been set at 250,000 contracts.
The next two options are allocated to Timber Hill Inc.:
Tyco Electronics Ltd. (option/stock symbol: TEL)
will trade on the January expiration cycle with initial expiration
months of August, September, October and January. Position and exercise
limits have been set at 200,000 contracts.
Covidien Ltd. (option/stock symbol: COV)
will trade on the January expiration cycle with initial expiration
months of August, September, October and January. Position and exercise
limits have been set at 250,000 contracts.
The final two options are allocated to Market Street Securities:
OGE Energy Corporation (option/stock symbol: OGE)
will trade on the March expiration cycle with initial expiration
months of August, September, December and March. Position and exercise
limits have been set at 75,000 contracts.
Viad Corporation (option/stock symbol: VVI)
will trade on the January expiration cycle with initial expiration
months of August, September, October and January. 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, 2,502 equity options, 19 sectors index options
and currency options and futures. For more information about the
PHLX and its products, visit www.phlx.com.
