New Frontier Options Begin Trading

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The Philadelphia Stock Exchange began options trading on New Frontier Media Inc. Friday, Dec. 10, the company announced Tuesday.

The options will trade on the March expiration cycle with initial expiration months of December, January, March and June with strike prices of $5, $7.50 and $10 for calls and puts on shares in the adult-entertainment company.

New Frontier is the parent company of The Erotic Networks.