In a release, the Company noted that options on Oculus trade on the March expiration cycle under NYSE Arca symbol QKG. Expirations for Oculus are set for September 2009, December 2009 and March 2010. Initial strike prices are $2.50, $5.00 and $7.50 for the respective expirations.
Cutler Group is the designated market maker for Oculus options.
Oculus CFO Robert Miller said, "The trading of Oculus shares on NYSE Arca options should result in greater visibility, volume and liquidity in our common stock and provides interesting trading alternatives for our investors. The trading of options on NYSE Arca options is further evidence of Oculus' growing reputation in the marketplace."
NYSE Arca options is the options trading platform from NYSE Euronext. The exchange is a "hybrid market" which offers both electronic and floor executed options transactions.
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