May 16, 2005 - May 20, 2005

ISE SENTIMENT INDEX (ISEE) FOR   05/09/2005 - 05/13/2005
 Date Index
5/13/2005 107
5/12/2005 116
5/11/2005 152
5/10/2005 133
5/9/2005 144

ECONOMIC EVENTS
Release Date Release Time Indicator Period
05-16-058:30
NY Empire State Index
May
05-17-058:30
8:30
8:30
8:30
9:15
9:15
Producer Price Index (PPI)
PPI Core Rate (excludes food and energy)
Housing Starts
Building Permits
Industrial Production
Capacity Utilization
April
April
April
April
April
April
05-18-058:30
8:30
Consumer Price Index (CPI)
CPI Core Rate (excludes food and energy)
April
April
05-19-058:30
10:00
12:00
Initial Jobless Claims
Index of Leading Economic Indicators
Philadelphia Fed Activity Report
Latest week.
April
May
05-20-05 none

EXPECTED EARNINGS ANNOUNCEMENTS
Date Symbol
5/16/2005A
5/16/2005BMC
5/16/2005LTD
5/16/2005LOW
5/16/2005ADAT
5/17/2005HD
5/17/2005PNRA
5/17/2005JWN
5/17/2005SHLD
5/17/2005VISGE
5/17/2005SPLS
5/17/2005AMAT
5/17/2005HPQ
5/17/2005TJX
5/17/2005ANF
5/17/2005DE
5/17/2005JCP
5/17/2005BJ
5/17/2005S
5/18/2005BEAS
5/18/2005SNPS
5/18/2005INTU
5/18/2005PETM
5/18/2005SMTC
5/18/2005FL
5/19/2005ADIC
5/19/2005ANN
5/19/2005ADSK
5/19/2005GPS
5/19/2005BRCD
5/19/2005MRVL
5/19/2005CHINA
5/20/2005NAV
5/20/2005IMH

MAJOR MARKET EVENTS
Date Event
5/19/2005 Last day for trading index options with European style exercise/assignment expiring in May.
5/20/2005 Last day for trading index options with American style exercise/settlement and equity options with May expiration.

MARKET BENCHMARKS
Benchmark Symbol Level 21-dma 50-dma 200-dma
Dow Jones Industrial Average INDU 10,140.12 10,209.75 10,427.07 10,385.15
S&P; 500 Index SPX 1,154.50 1,158.77 1,175.68 1,158.89
S&P; 500 Index Futures SP1601 1,158.50 1,166.78 1,184.38 1,155.99
NASDAQ 100 Index NDX 1,470.63 1,434.99 1,466.55 1,483.69
S&P; 100 Index OEX 550.16 553.16 560.82 555.54

ISE MOST ACTIVE CALL SERIES FOR   05/09/2005 - 05/13/2005
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Intel Corporation 6 INQ May, 2005 25 27,981
2   Apple Computer, Inc. 6 AAQ May, 2005 35 14,161
3   Siebel Systems Inc. 4 SGQ May, 2005 10 13,953
4   Cisco Systems Inc. 9 CYQ May, 2005 20 13,508
5   Pfizer Inc. 7 VPE Jan, 2007 35 13,400
6   Cisco Systems Inc. 9 CYQ May, 2005 17.5 12,828
7   Microsoft Corporation 10 MSQ May, 2005 25 12,433
8   eBay, Inc. 4 XBA May, 2005 35 12,395
9   Dell Computer Corporation 1 DLQ May, 2005 37.5 12,356
10   Lucent Technologies Inc. 5 VEU Jan, 2007 2.5 12,330

ISE MOST ACTIVE PUT SERIES FOR   05/09/2005 - 05/13/2005
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Apple Computer, Inc. 6 AAQ May, 2005 32.5 24,670
2   Motorola Inc. 1 MOT Jun, 2005 15 14,722
3   Altria Group Inc. 1 MO May, 2005 65 14,113
4   Apple Computer, Inc. 6 AAQ Jun, 2005 32.5 13,234
5   Apple Computer, Inc. 6 AAQ May, 2005 35 12,511
6   Brocade Communications Systems, Inc. 8 BQB May, 2005 4 12,121
7   Energy Select Sector SPDR Fund 10 XLE Sep, 2005 38 11,827
8   Cisco Systems Inc. 9 CYQ May, 2005 17.5 10,828
9   Microsoft Corporation 10 MSQ Jun, 2005 22.5 10,723
10   Dell Computer Corporation 1 DLQ May, 2005 35 10,269


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