August 23, 2004 - August 27, 2004

ISE SENTIMENT INDEX (ISEE) FOR   08/16/2004 - 08/20/2004
 Date Index
8/20/2004 157
8/19/2004 118
8/18/2004 119
8/17/2004 144
8/16/2004 139

ECONOMIC EVENTS
Release Date Release Time Indicator Period
08-23-04 none
08-24-0410:00
Existing Home Sales
July
08-25-048:30
10:00
Orders for Durable Goods
New Home Sales
July
July
08-26-048:30
Initial Jobless Claims
Latest week.
08-27-048:30
8:30
Gross Domestic Product (GDP) - Preliminary
GDP Chain Weighted Deflator
2Q
2Q

EXPECTED EARNINGS ANNOUNCEMENTS
Date Symbol
8/23/2004TOY
8/24/2004MRX
8/24/2004HRB
8/24/2004SMTC
8/24/2004OVTI
8/25/2004CMOS
8/25/2004TOL
8/25/2004ADCT
8/25/2004WSM
8/25/2004MIK
8/26/2004KKD
8/26/2004TIVO

MAJOR MARKET EVENTS
Date Event

MARKET BENCHMARKS
Benchmark Symbol Level 21-dma 50-dma 200-dma
Dow Jones Industrial Average INDU 10,110.14 10,004.74 10,169.34 10,245.37
S&P; 500 Index SPX 1,098.35 1,086.05 1,107.13 1,110.00
S&P; 500 Index Futures SP1601 1,066.20 1,087.79 1,110.68 1,108.20
NASDAQ 100 Index NDX 1,366.73 1,357.15 1,413.83 1,442.57
S&P; 100 Index OEX 536.40 531.16 540.28 545.20

ISE MOST ACTIVE CALL SERIES FOR   08/16/2004 - 08/20/2004
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Nasdaq-100 Shares 2 QAV Aug, 2004 34 23,204
2   Nasdaq-100 Shares 2 QQQ Sep, 2004 36 21,223
3   Nasdaq-100 Shares 2 QAV Aug, 2004 33 19,363
4   Nasdaq-100 Shares 2 QQQ Sep, 2004 35 17,341
5   Network Appliance Inc. 8 NUL Sep, 2004 20 16,371
6   International Business Machines 3 IBM Aug, 2004 85 15,899
7   Nasdaq-100 Shares 2 QAV Sep, 2004 34 13,745
8   Intel Corporation 6 NQ Jan, 2005 22.5 13,592
9   Nasdaq-100 Shares 2 QAV Aug, 2004 34 13,260
10   Citigroup Inc. 8 C Aug, 2004 45 13,162

ISE MOST ACTIVE PUT SERIES FOR   08/16/2004 - 08/20/2004
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Nasdaq-100 Shares 2 QAV Sep, 2004 33 20,751
2   Nasdaq-100 Shares 2 QAV Aug, 2004 33 18,498
3   Nasdaq-100 Shares 2 QAV Aug, 2004 34 16,592
4   Nasdaq-100 Shares 2 QAV Aug, 2004 33 13,902
5   Nasdaq-100 Shares 2 QAV Aug, 2004 33 12,349
6   Nasdaq-100 Shares 2 QAV Aug, 2004 34 11,354
7   Nasdaq-100 Shares 2 QQQ Sep, 2004 36 10,947
8   Nasdaq-100 Shares 2 QAV Sep, 2004 34 10,574
9   Pfizer Inc. 7 PFE Sep, 2004 32.5 7,404
10   Nasdaq-100 Shares 2 QQQ Aug, 2004 35 6,923


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