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March 17, 2003 - March 21, 2003

ISE SENTIMENT INDEX (ISEE) FOR   03/10/2003 - 03/14/2003
 Date Index
3/14/2003 82
3/13/2003 76
3/12/2003 164
3/11/2003 125
3/10/2003 147

ECONOMIC EVENTS
Release Date Release Time Indicator Period
03-17-03 none
03-18-038:30
8:30
Housing Starts
Building Permits
Feb.
Feb.
03-19-03 none
03-20-038:30
10:00
12:00
2:00
2:00
Initial Claims for Unemployment
Index of Leading Economic Indicators
Philadelphia Fed Business Index
FOMC Minutes
Treasury Budget
Latest week
Feb.
Mar.

Feb.
03-21-038:30
8:30
Consumer Price Index
Consumer Price Index - excluding food and energy
Feb.
Feb.

EXPECTED EARNINGS ANNOUNCEMENTS
Date Symbol
3/18/2003GMSTE
3/18/2003KKD
3/18/2003ORCL
3/18/2003CHL
3/18/2003WSM
3/19/2003GIS
3/19/2003LEN
3/19/2003NKE
3/19/2003UVN
3/19/2003ABS
3/19/2003BSC
3/19/2003JBL
3/19/2003FDX
3/20/2003MU
3/20/2003PAYX
3/20/2003TRMS
3/20/2003SLR
3/20/2003LEH
3/20/2003GS
3/20/2003MWD
3/20/2003CMS
3/21/2003ATYT
3/21/2003CCL
3/21/2003PALM

MAJOR MARKET EVENTS
Date Event
3/18/2003 Federal Open Market Committee (FOMC) Meeting
3/21/2003 Monthly expiration of equity options.

MARKET BENCHMARKS
Benchmark Symbol Level 21-dma 50-dma 200-dma
Dow Jones Industrial Average DJIA 7,859.71 7,811.54 8,108.64 8,478.29
S&P; 500 Index SPX 833.25 829.82 858.85 897.02
S&P; 500 Index March Ftrs SP/3H 834.20 830.40 858.72 897.08
NASDAQ 100 Index NDX 1,030.45 992.10 1,006.68 996.09
S&P; 100 Index OEX 424.08 420.57 435.07 452.19

ISE MOST ACTIVE CALL SERIES FOR   03/10/2003 - 03/14/2003
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Nasdaq-100 Shares 2 QAV Mar, 2003 25 13,117
2   Nasdaq-100 Shares 2 QAV Mar, 2003 25 9,935
3   Nasdaq-100 Shares 2 QAV Mar, 2003 26 8,427
4   J.P. Morgan Chase & Co. 5 JPM Apr, 2003 22 8,140
5   Nasdaq-100 Shares 2 QAV Mar, 2003 24 8,016
6   International Business Machines 3 IBM Mar, 2003 80 7,019
7   International Business Machines 3 IBM Mar, 2003 75 6,919
8   Intel Corporation 6 NQ Apr, 2003 20 6,907
9   Nasdaq-100 Shares 2 QAV Mar, 2003 24 6,872
10   Intel Corporation 6 NQ Mar, 2003 17 6,533

ISE MOST ACTIVE PUT SERIES FOR   03/10/2003 - 03/14/2003
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Nasdaq-100 Shares 2 QAV Mar, 2003 25 20,174
2   Nasdaq-100 Shares 2 QAV Apr, 2003 25 17,558
3   Nasdaq-100 Shares 2 QAV Apr, 2003 24 9,262
4   International Business Machines 3 IBM Mar, 2003 75 8,242
5   Nasdaq-100 Shares 2 QAV Mar, 2003 26 7,939
6   Nasdaq-100 Shares 2 QAV Mar, 2003 25 7,851
7   Cisco Systems Inc. 9 CYQ Mar, 2003 12 7,175
8   Nasdaq-100 Shares 2 QAV Apr, 2003 24 5,790
9   Nasdaq-100 Shares 2 QAV Mar, 2003 24 5,596
10   Nasdaq-100 Shares 2 QAV Mar, 2003 23 5,065
 


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