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Telecommunications equipment industry

CBOE Lists Options on Zycad Corporation and Four Other ADRs

Strategic Insights

— 1 min read

The Chicago Board of Options Exchange (CBOE) announced the listing of options on five American Depositary Receipts (ADRs), including Zycad Corporation, on November 8, 1995. The options will be traded on the CBOE, a leading options marketplace regulated by the Securities and Exchange Commission (SEC). The ADRs listed include LM Ericsson Telephone Co., News Corporation Limited, Nokia Corporation, Tele-Danmark A/S, and Zycad Corporation.

Key Takeaways:

  • Zycad Corporation, a Fremont, California-based firm, offers design verification, rapid prototyping, and test analysis solutions to companies developing high-performance electronic systems.
  • The CBOE will list options on Zycad Corporation under the ticker symbol ZQA, with initial strike prices set at 5, 7-1/2, and 10.
  • The options will trade on the January expiration cycle, with introductory expirations in December, January, April, and July.
  • LM Ericsson Telephone Co., a Swedish manufacturer of advanced systems and products, will list options under the ticker symbol EQR, with initial strike prices set at 17-1/2, 20, and 22-1/2.
  • News Corporation Limited, an Australian international communications company, will list options under the ticker symbol NWS, with initial strike prices set at 17-1/2, 20, and 22-1/2.
  • Nokia Corporation, a Finnish supplier of international telecommunications systems and equipment, will list options under the ticker symbol NKA, with initial strike prices set at 50, 55, and 60.
  • Tele-Danmark A/S, a Danish principal provider of domestic and international telephone services, will list options under the ticker symbol TLD, with initial strike prices set at 22-1/2, 25, and 30.

Statistics:

  • The CBOE will list options on five ADRs, including Zycad Corporation, on November 8, 1995.
  • Zycad Corporation offers design verification, rapid prototyping, and test analysis solutions to companies developing high-performance electronic systems.
  • The options will trade on the CBOE, a leading options marketplace regulated by the SEC.
  • The initial strike prices for the options range from 5 to 60.
  • The options will trade on the January expiration cycle, with introductory expirations in December, January, April, and July.

Sources:

  • "CBOE Lists Options On Zycad Corporation (USA) On Wednesday, Nov. 8" - PRNewswire, November 1, 1995
  • "CBOE to List Options on Four ADRs" - PRNewswire, November 1, 1995

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