December 29, 2003 - January 02, 2004

ISE SENTIMENT INDEX (ISEE) FOR   12/22/2003 - 12/26/2003
 Date Index
12/26/2003 235
12/24/2003 198
12/23/2003 175
12/22/2003 147

ECONOMIC EVENTS
Release Date Release Time Indicator Period
12-29-03 none
12-30-0310:00
10:00
10:00
Chicago Purchasing Managers Index
Consumer Confidence Index
Existing HomeSales
Dec.
Dec.
Nov.
12-31-038:30
Initial Jobless Claims
Latest week.
01-01-04 none
01-02-04 none

EXPECTED EARNINGS ANNOUNCEMENTS
Date Symbol

MAJOR MARKET EVENTS
Date Event
1/1/2004 Markets Closed. New Year's Day.

MARKET BENCHMARKS
Benchmark Symbol Level 21-dma 50-dma 200-dma
Dow Jones Industrial Average INDU 10,324.67 10,046.51 9,868.96 9,203.90
S&P; 500 Index SPX 1,095.90 1,074.33 1,057.81 988.99
S&P; 500 Index Futures SP/3H 1,093.50 1,073.97 1,057.01 988.15
NASDAQ 100 Index NDX 1,443.86 1,420.62 1,413.44 1,269.13
S&P; 100 Index OEX 542.78 531.42 523.83 496.11

ISE MOST ACTIVE CALL SERIES FOR   12/22/2003 - 12/26/2003
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Texas Instruments Inc. 3 TXN Jan, 2004 30 10,280
2   Calpine Corporation 9 CPN Jul, 2004 6 10,005
3   Intel Corporation 6 INQ Jan, 2004 30 9,900
4   Cox Communications, Inc. 9 COX Jan, 2004 30 9,518
5   Nasdaq-100 Shares 2 QQQ Jan, 2004 36 8,666
6   Intel Corporation 6 INQ Jan, 2004 30 8,078
7   Micron Technology Inc. 4 MU Jan, 2004 12.5 7,823
8   Amazon.Com, Inc. 4 ZQN Jan, 2004 55 7,696
9   Ford Motor Company 1 F Jan, 2004 15 6,959
10   Research In Motion Ltd. 10 RUL Jan, 2004 65 6,736

ISE MOST ACTIVE PUT SERIES FOR   12/22/2003 - 12/26/2003
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Nasdaq-100 Shares 2 QAV Jan, 2004 30 12,188
2   Research In Motion Ltd. 10 RUL Jan, 2004 60 9,292
3   Research In Motion Ltd. 10 RUL Jan, 2004 65 8,223
4   Micron Technology Inc. 4 MU Jan, 2004 12.5 6,690
5   eBay, Inc. 4 XBA Jan, 2004 60 6,656
6   Nasdaq-100 Shares 2 QQQ Jan, 2004 35 6,055
7   Intel Corporation 6 INQ Jan, 2004 30 5,577
8   Pfizer Inc. 7 PFE Mar, 2004 35 5,107
9   Liberty Media Corporation 1 XGB Jan, 2005 5 4,910
10   Nasdaq-100 Shares 2 QAV Jan, 2004 34 4,737


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