Pacific Exchange to Trade Eight New Options

  SAN FRANCISCO, July 22 /PRNewswire/ -- The Pacific Exchange (PCX)
announced that, on Tuesday, July 23, 2002, it will begin trading options on
Annaly Mortgage Management, Inc. (NYSE: NLY; PCX); Liberty Property Trust
(NYSE: LRY; PCX); Martha Stewart Living Omnimedia, Inc. (NYSE: MSO; PCX);
Petsmart, Inc. (Nasdaq: PETM; PCX: QPT); ProLogis (NYSE: PLD; PCX);
Restoration Hardware, Inc. (Nasdaq: RSTO; PCX: URF); Simon Property Group,
Inc. (NYSE: SPG; PCX); and United States Steel Corporation (NYSE: X; PCX). 
Annaly Mortgage Management, Inc. (NLY) options will trade on the January
expiration cycle.  Position and exercise limits have been set at
75,000 contracts.  The options have been allocated to lead market makers Omar
Shakill and Alex Pfeiffer of Susquehanna Investment Group. 
Liberty Property Trust (LRY) options will trade on the January expiration
cycle.  Position and exercise limits have been set at 31,500 contracts.  The
options have been allocated to lead market makers Ross Goodheart and Lee
Gordon of Group One Trading, LP. 
Martha Stewart Living Omnimedia, Inc. (MSO) options will trade on the
March expiration cycle.  Position and exercise limits have been set at
22,500 contracts.  The options have been allocated to lead market makers
Paul Roesler, Michael Cole and Brad Evans of Equitec Proprietary Markets, LLC. 
Petsmart, Inc. (PETM/QPT) options will trade on the January expiration
cycle.  Position and exercise limits have been set at 75,000 contracts.  The
options have been allocated to lead market makers Rex Kim and Eric Wheeler of
Headwaters Capital. 
ProLogis (PLD) options will trade on the January expiration cycle.
Position and exercise limits have been set at 60,000 contracts.  The options
have been allocated to lead market maker Brian Geary of D.A. Davidson & Co. 
Restoration Hardware, Inc. (RSTO/URF) options will trade on the February
expiration cycle.  Position and exercise limits have been set at 22,500
contracts.  The options have been allocated to lead market maker Greg Webb of
Susquehanna Investment Group. 
Simon Property Group, Inc. (SPG) options will trade on the January
expiration cycle.  Position and exercise limits have been set at
60,000 contracts.  The options have been allocated to lead market maker
Catherine Clay of Timber Hill, LLC. 
United States Steel Corporation (X) options will trade on the January
expiration cycle.  Position and exercise limits have been set at
75,000 contracts.  The options have been allocated to lead market maker
Catherine Clay of Timber Hill, LLC. 
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SOURCE  The Pacific Exchange 
-0-                             07/22/2002 
/CONTACT:   Kristan Davoren of Pacific Exchange, +1-415-393-7969, or
kdavoren@pacificex.com/ 
/Web site:  http://www.pacificex.com/ 
(NLY LRY MSO PETM QPT PLD RSTO URF SPG X) 
CO:  Pacific Exchange; Annaly Mortgage Management, Inc.; Liberty Property 


     Trust; Martha Stewart Living Omnimedia, Inc.; Petsmart, Inc.; ProLogis;
     Restoration Hardware, Inc.; Simon Property Group, Inc.; and United States


 Steel Corporation
ST:  California
IN:  FIN
SU: 
-0- Jul/22/2002 20:35 GMT
 
 
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