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December 01, 2003 - December 05, 2003

ISE SENTIMENT INDEX (ISEE) FOR   11/24/2003 - 11/28/2003
 Date Index
11/28/2003 152
11/26/2003 176
11/25/2003 200
11/24/2003 192

ECONOMIC EVENTS
Release Date Release Time Indicator Period
12-01-0310:00
10:00
Institute for Supply Management - Mfg Index
Construction Spending
Nov.
Oct.
12-02-03 none
12-03-038:30
10:00
Productivity Index - Revised
Institute for Supply Management - Services Index
3Q
Nov.
12-04-038:30
Initial Jobless Claims
Latest week.
12-05-038:30
8:30
8:30
10:00
3:00
Unemployment Rate
Non-farm Payrolls
Average Hourly Earnings
Factory ORders
Consumer Credit
Nov.
Nov.
Nov.
Oct.
Oct.

EXPECTED EARNINGS ANNOUNCEMENTS
Date Symbol
12/1/2003ABF
12/2/2003ADCT
12/2/2003NAV
12/3/2003OVER
12/3/2003SNPS
12/3/2003CMVT
12/4/2003NSM
12/5/2003ABS

MAJOR MARKET EVENTS
Date Event
12/9/2003 Federal Open Market Committee (FOMC) Meeting.
12/18/2003 Last day for trading European style index options that expire in December.
12/19/2003 Last day for trading American style index and equity options expiring in December.

MARKET BENCHMARKS
Benchmark Symbol Level 21-dma 50-dma 200-dma
Dow Jones Industrial Average INDU 9,782.46 9,765.22 9,673.49 8,989.01
S&P; 500 Index SPX 1,058.20 1,049.82 1,038.83 965.65
S&P; 500 Index Futures SP/3Z 1,057.80 1,048.83 1,037.50 964.88
NASDAQ 100 Index NDX 1,424.25 1,413.22 1,394.07 1,228.45
S&P; 100 Index OEX 520.74 519.11 516.58 485.49

ISE MOST ACTIVE CALL SERIES FOR   11/24/2003 - 11/28/2003
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Nasdaq-100 Shares 2 QQQ Dec, 2003 35 14,543
2   Applied Materials Inc. 9 ANQ Jan, 2004 25 13,098
3   Nasdaq-100 Shares 2 QQQ Dec, 2003 35 10,198
4   Nextel Communications Inc. 10 FQC Jan, 2004 25 9,902
5   Intel Corporation 6 INQ Jan, 2004 32.5 9,203
6   Texas Instruments Inc. 3 TXN Dec, 2003 27.5 8,813
7   Flextronics International Ltd. 8 QFL Dec, 2003 15 8,317
8   Texas Instruments Inc. 3 TXN Dec, 2003 30 8,157
9   Semiconductor HOLDRs 4 SMH Dec, 2003 45 8,105
10   Nasdaq-100 Shares 2 QQQ Dec, 2003 36 7,629

ISE MOST ACTIVE PUT SERIES FOR   11/24/2003 - 11/28/2003
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Electronic Arts Inc. 9 EZQ Dec, 2003 45 9,422
2   Concord EFS Inc. 1 CE Dec, 2003 10 8,519
3   Nasdaq-100 Shares 2 QAV Dec, 2003 34 7,499
4   Nasdaq-100 Shares 2 QAV Dec, 2003 31 6,674
5   Nasdaq-100 Shares 2 QQQ Dec, 2003 35 6,429
6   Microsoft Corporation 10 MSQ Dec, 2003 25 5,915
7   Nasdaq-100 Shares 2 QAV Dec, 2003 30 4,845
8   Johnson & Johnson 3 JNJ Dec, 2003 50 4,642
9   Goldman Sachs Group, Inc. (The) 7 GS Apr, 2004 90 4,200
10   Nasdaq-100 Shares 2 QAV Dec, 2003 31 4,047
 


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