The American Stock Exchange, New York, will begin trading options on the Nasdaq National Market stocks of Shop At Home, Inc. beginning Friday, March 5 and ValueVision International, Inc. beginning Monday, March 8.
Shop At Home, Inc., Antioch, TN, sells and distributes consumer products through live, customer-interactive retail sales television programming. The options’ initial strike prices will be 12-1/2, 15 and 17-1/2, with position limits of 75,000 contracts. Initial expiration months will be March, April, May and August of 1999. The specialist unit for the new options will be Spear, Leeds & Kellogg.
ValueVision International, Inc., Minneapolis, MN, markets a variety of products directly to consumers through electronic and print media. The company also sells general merchandise through its direct-mail catalogs. The options will open with initial strike prices of 5, 7-1/2 and 10, with position limits of 60,000 contracts. Initial expiration months will be March, April, June and September of 1999. The specialist unit for the new options will be Susquehanna Investment Group.
