Given Imaging (GIVN), a Yoqneam, Israel, diagnostic imaging company, will begin trading this week on the Chicago Board Options Exchange under the symbol QPG, stated a press release.
The options will trade on the February expiration cycle, with introductory expirations in April, May, August and November. Initial strike prices have been set at 7-1/2, 10, and 12-1/2, with position limits of 22,500 contracts. Mercury Trading has been named the designated primary market maker in the options.
Shares of Given Imaging traded recently at $8.95, down 51 cents, or 5.4 percent, on Nasdaq volume of 135,100 shares. Average daily volume is 171,001 shares.
The company has developed an imaging system that allows physicians to examine the gastrointestinal tract using a miniaturized color-image video camera contained in a capsule that is ingested by the patient. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
