NEW YORK, Feb. 3 /PRNewswire/ -- The American Stock Exchange(R) (Amex) will launch trading in options on Monday, February 6, 2006 on the following New York Stock Exchange listed stocks of:
* Mueller Industries Inc. (Symbol: MLI)
* The Steak N Shake Company (Stock Symbol: SNS)
Mueller Industries Inc. options will open with strike prices of 25-30-35 and position limits of 2,500,000 shares. The options will trade on the March expiration cycle with initial expirations in February, March, June and September. The Specialist will be LaBranche Structured Products, LLC. Mueller Industries Inc. manufactures and sells brass, copper, plastic and aluminum products.
The Steak N Shake Company will open with strike prices of 15 -17 1/2 - 20 and position limits of 2,500,000 shares. The options will trade on a March expiration cycle with initial expiration in February, March, June and September. The Specialist will be Jane Street Specialist, LLC. The Steak N Shake Company operates restaurants primarily in the Midwest and Southeast United States.
For more information on any Amex-listed company, please visit http://www.amex.com/.
The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 151 ETFs. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/.
