PHLX to Begin Trading Three New Options
8 February 1999
PHLX to Begin Trading Three New OptionsPHILADELPHIA, Feb. 8 -- The Philadelphia Stock Exchange (PHLX) is pleased to announce that it will begin trading put and call options on Excelsior-Henderson Motorcycle Manufacturing Co. (option/stock symbol: BQC/BIGX), Rogue Wave Software, Inc. (option/stock symbol: RQR/RWAV), and Southwest Bancorp. of Texas, Inc. (option/stock symbol: SQB/SWBT), upon the opening of business on Thursday, February 11, 1999. The following table lists the stocks, symbols, position limits, auto-x guarantee, and specialist unit for each new issue: POSITION STOCK LIMITS AUTO-X SPECIALIST Excelsior-Henderson Manuf. Co. (BQC/BIGX) 13,500 10-up Tague Securities Rogue Wave Software, Inc. (RQR/RWAV) 13,500 10-up Tague Securities Southwest Bancorp. of Texas Inc. (SQB/SWBT) 13,500 20-up TFM Investment Options on Excelsior-Henderson Motorcycle Manufacturing Co. will trade on the March expiration cycle with initial expiration months of March, April, June, and September. Opening strike prices will be 7-1/2, 10, and 12-1/2. Options on Rogue Wave Software, Inc. will trade on the January expiration cycle with initial expiration months of March, April, July, and October. Opening strike prices will be 7-1/2, 10, and 12-1/2. Options on Southwest Bancorp. of Texas, Inc. will trade on the February expiration cycle with initial expiration months of March, April, May, and August. Opening strike prices will be 10, 12-1/2, and 15. The PHLX is the first securities exchange in the U.S. and the nation's fastest growing sectors index options exchange. Founded in 1790, PHLX is a market leader in the trading of over 2,600 stocks, 870 equity options, 14 sectors index options, and 100 currency pairs. Web site: http://www.phlx.com