September 13, 2004 - September 17, 2004

ISE SENTIMENT INDEX (ISEE) FOR   09/06/2004 - 09/10/2004
 Date Index
9/10/2004 99
9/9/2004 129
9/8/2004 201
9/7/2004 134

ECONOMIC EVENTS
Release Date Release Time Indicator Period
09-13-042:00
Treasury Budget Statement
August
09-14-048:30
8:30
8:30
Current Account Deficit
Retail Sales
Retail Sales - excluding automobiles
2Q
August
August
09-15-048:30
8:30
9:15
9:15
Business Inventories
New York Empire State Index
Industrial Production
Capacity Utilization
July
Sept.
Augst
August
09-16-048:30
8:30
8:30
12:00
Consumer Price Index (CPI)
CPI Core Rate (exlcudes food and energy)
Initial Jobless Claims
Philadelphia Fed Index
August
August
Latest week.
Sept.
09-17-04 none

EXPECTED EARNINGS ANNOUNCEMENTS
Date Symbol
9/13/2004CPB
9/14/2004KR
9/14/2004ORCL
9/15/2004BBY
9/16/2004GIS
9/16/2004VRTY
9/16/2004COMS
9/16/2004CTAS
9/17/2004CCL
9/17/2004AGE
9/17/2004BMET
9/17/2004CC
9/17/2004JBL

MAJOR MARKET EVENTS
Date Event
9/16/2004 European style index options with September expiration stop trading.
9/17/2004 Last day for trading index options with American exercise style and equity options.
9/21/2004 Federal Open Market Committee (FOMC) Meeting
9/21/2004 Meeting of the Federal Open Market Committee (FOMC)

MARKET BENCHMARKS
Benchmark Symbol Level 21-dma 50-dma 200-dma
Dow Jones Industrial Average INDU 10,313.07 10,133.19 10,117.85 10,277.55
S&P; 500 Index SPX 1,123.90 1,100.22 1,099.94 1,114.29
S&P; 500 Index Futures SP1601 1,123.30 1,100.51 1,099.50 1,112.55
NASDAQ 100 Index NDX 1,413.00 1,367.09 1,1385.77 1,440.66
S&P; 100 Index OEX 546.26 536.53 536.71 546.72

ISE MOST ACTIVE CALL SERIES FOR   09/06/2004 - 09/10/2004
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Cisco Systems Inc. 9 CYQ Oct, 2004 22.5 21,123
2   Texas Instruments Inc. 3 TXN Sep, 2004 20 17,583
3   Texas Instruments Inc. 3 TXN Sep, 2004 20 17,489
4   Yahoo!, Inc. 8 YHQ Sep, 2004 30 17,229
5   Texas Instruments Inc. 3 TXN Sep, 2004 20 16,128
6   Semiconductor HOLDRs 4 SMH Sep, 2004 30 14,670
7   Semiconductor HOLDRs 4 SMH Sep, 2004 30 14,360
8   Peoplesoft, Inc. 3 PQO Sep, 2004 20 12,805
9   Peoplesoft, Inc. 3 PQO Oct, 2004 20 12,287
10   Nasdaq-100 Shares 2 QAV Sep, 2004 34 11,987

ISE MOST ACTIVE PUT SERIES FOR   09/06/2004 - 09/10/2004
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Nasdaq-100 Shares 2 QQQ Sep, 2004 35 25,519
2   Nasdaq-100 Shares 2 QAV Sep, 2004 34 18,610
3   Nasdaq-100 Shares 2 QQQ Sep, 2004 36 16,341
4   Nasdaq-100 Shares 2 QQQ Sep, 2004 35 15,537
5   Nasdaq-100 Shares 2 QQQ Sep, 2004 35 14,926
6   Nasdaq-100 Shares 2 QAV Sep, 2004 34 14,354
7   Nasdaq-100 Shares 2 QQQ Sep, 2004 37 12,183
8   Nasdaq-100 Shares 2 QQQ Sep, 2004 37 10,810
9   Nasdaq-100 Shares 2 QAV Sep, 2004 34 10,515
10   Nasdaq-100 Shares 2 QQQ Sep, 2004 35 9,664


Copyright 2005. International Securities Exchange, Inc. and Fullman Technologies Inc. All rights reserved. The ISE globe logo is a registered trademark of International Securities Exchange, Inc.

The information provided herein is protected by copyright and intellectual property laws. It may be displayed and printed for your personal, non-commercial use only. You may not reproduce, retransmit, distribute, disseminate, sell, publish, broadcast or circulate the information to anyone, without our express written consent. The information provided herein is made accessible by us, but written or created by a number of professional investment researchers and other services and is subject to change without notice. The information provided herein comes from sources that we believe are reliable, but we do not make any guaranty or warranty regarding the accuracy of the information. The information provided herein has not been written, reviewed, edited or in any way endorsed by us. No statement in the information provided herein is to be construed as a recommendation to purchase or sell a security, or to provide investment advice. Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options. This document may be obtained from the International Securities Exchange or The Options Clearing Corporation. Seek independent advice from your professional investment adviser before relying on any information provided herein.