Options on Twentsche Kabelfabriek (TKH)

The day after losing the court case against new rival TOM, Euronext announces to introduce options on TKH Group. That’s short for Twentsche Kabelfabriek Holding. Company founded in 1930, producing cables and still based in Haaksbergen in the countryside. Have to admit it, sounds like a charming stock.

Options with code TKG will commence trading on August 6, with three spots for primary market makers. My guess would be All Options, Caerus and Scrocca. TOM will probably open option trading on the firm after a week or two. Probably a different code, I guess TKH.

Just checked, there are three stocks left in the AMX index without options. Real estate stocks Eurocommercial Properties and Vastned may get options soon. The third one is Pharming – but with a stock trading at 14 cent that’s a whole other story.

Source, Euronext announcement