American Stock Exchange to Trade Options on InterOil Corporation and Myogen, Inc.

Date : 11/08/2004 @ 11:44AM
Source : PR Newswire
Stock : Interoil Corp. (IOC)
Quote : 28.65  0.0 (0.00%) @ 4:15AM
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American Stock Exchange to Trade Options on InterOil Corporation and Myogen, Inc.

American Stock Exchange to Trade Options on InterOil Corporation and Myogen, Inc.

NEW YORK, Nov. 8 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will launch trading in options on Tuesday, November 9, 2004 on the following American Stock Exchange and Nasdaq Stock Market listed stocks of InterOil Corporation (AMEX:IOC) and Myogen, Inc. (Option Symbol: QJV/Nasdaq: MYOG).

InterOil Corporation options will open with strike prices of 25 - 30 - 35 and position limits of 1,350,000 shares. The options will trade on the March expiration cycle with initial expirations in November, December March and June.

The specialist will be Group One Trading LP. Amex-listed InterOil Corporation is a Canadian company building a vertically integrated energy company whose primary focus is Papua New Guinea and the surrounding area. The Company owns an oil refinery, upstream petroleum exploration licenses, and retail and commercial distribution assets. InterOil is also undertaking an extensive petroleum exploration program within its licensed area in New Guinea.

Myogen, Inc options will open with strike prices of 5 - 7-1/2 - 10 and position limits of 1,350,000 shares. The options will trade on the March expiration cycle with initial expirations in November, December March and June. The specialist will be Kellogg Capital Group, LLC. Myogen, Inc. is a biopharmaceutical company that discovers, develops and commercializes small molecule therapeutics. The Company focuses on treatments for cardiovascular disorders.

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 143 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/.

DATASOURCE: American Stock Exchange

CONTACT: Dan Charnas, American Stock Exchange, +1-212-306-1654, or

Web site: http://www.amex.com/

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