September 22, 2003 - September 26, 2003

ISE SENTIMENT INDEX (ISEE) FOR   09/15/2003 - 09/19/2003
 Date Index
9/19/2003 212
9/18/2003 192
9/17/2003 183
9/16/2003 178
9/15/2003 153

ECONOMIC EVENTS
Release Date Release Time Indicator Period
09-22-03 none
09-23-03 none
09-24-03 none
09-25-038:30
8:30
10:00
10:00
Orders for Durable Goods
Initial Jobless Claims
Existing Home Sales
New Home Sales
Aug.
Latest week.
Aug.
Aug.
09-26-038:30
8:30
Gross Domestic Product - Final
GDP Chain Weighted Deflator
2Q
2Q

EXPECTED EARNINGS ANNOUNCEMENTS
Date Symbol
9/22/2003AZO
9/22/2003KMX
9/23/2003PAYX
9/23/2003LEH
9/23/2003GS
9/23/2003MWD
9/24/2003MU
9/24/2003BBBY
9/25/2003RSTN
9/25/2003SLR
9/25/2003RAD
9/25/2003MANU
9/26/2003SWY

MAJOR MARKET EVENTS
Date Event

MARKET BENCHMARKS
Benchmark Symbol Level 21-dma 50-dma 200-dma
Dow Jones Industrial Average INDU 9,644.82 9,478.50 9,319.74 8,671.83
S&P; 500 Index SPX 1,036.30 1,016.00 999.86 927.93
S&P; 500 Index Futures SP/3U 1,032.90 1,015.92 999.24 927.33
NASDAQ 100 Index NDX 1,392.25 1,351.56 1,299.04 1,136.57
S&P; 100 Index OEX 520.62 509.75 502.82 468.90

ISE MOST ACTIVE CALL SERIES FOR   09/15/2003 - 09/19/2003
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Hewlett-Packard Company 9 HHY Nov, 2003 20 25,422
2   Hewlett-Packard Company 9 HHY Oct, 2003 20 19,406
3   Nasdaq-100 Shares 2 QQQ Sep, 2003 35 12,572
4   Altria Group Inc. 1 MO Sep, 2003 45 12,354
5   Microsoft Corporation 10 MSQ Oct, 2003 30 11,920
6   Tyco International Ltd. 8 TYC Oct, 2003 22.5 10,260
7   Citigroup Inc. 8 C Sep, 2003 45 10,135
8   Nasdaq-100 Shares 2 QAV Sep, 2003 34 10,022
9   Microsoft Corporation 10 MSQ Sep, 2003 27.5 10,006
10   Nextel Communications Inc. 10 FQC Oct, 2003 20 9,820

ISE MOST ACTIVE PUT SERIES FOR   09/15/2003 - 09/19/2003
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Nasdaq-100 Shares 2 QAV Sep, 2003 34 13,694
2   Altria Group Inc. 1 ZMO Jan, 2005 15 10,545
3   Microsoft Corporation 10 MSQ Oct, 2003 25 10,419
4   Johnson & Johnson 3 JNJ Sep, 2003 50 9,115
5   Nasdaq-100 Shares 2 QQQ Sep, 2003 35 6,821
6   Nasdaq-100 Shares 2 QAV Oct, 2003 34 6,701
7   Boston Scientific Corp. 9 BSX Sep, 2003 55 6,411
8   eBay, Inc. 4 QXB Sep, 2003 55 5,451
9   Nasdaq-100 Shares 2 QAV Oct, 2003 33 5,239
10   Cisco Systems Inc. 9 CYQ Oct, 2003 20 5,171


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