The American Stock Exchange(R) (Amex(R)) will launch trading in options today on the following Nasdaq Stock Market and New York Stock Exchange listed stocks of Encore Medical Corporation (Stock Symbol: ENMC / Option Symbol: BUU) and Longview Fibre Company (Symbol: LFB).
Encore Medical Corporation will open with position limits of 5,000,000 shares. The options will trade on the February expiration cycle. The specialist will be LaBranche Structured Products, LLC. Encore Medical Corporation designs, markets and distributes orthopedic products and supplies. The company’s products are used primarily by orthopedic medical specialists to treat patients with musculoskeletal conditions. Encore provides hip, knee and shoulder implants to reconstruct damaged joints, as well as trauma products to reconstruct bone fractures.
Longview Fibre Company will open with position limits of 5,000,000 shares. The options will trade on the February expiration cycle. The specialist will be Jane Street Specialists, LLC. The company owns and operates tree farms in Washington and Oregon, which produce logs for sale. The company also operates a sawmill in Washington. Longview’s mills and converting plants produce paper, paperboard, shipping containers and merchant and grocery bags. The company sells its products around the world.