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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (29521)	7/2/1998 5:45:00 PM
From: Joseph G.	Read Replies (1) \| Respond to of 132070

Mike, It's got CSCO. <<Stock Index Contract Specifications Options The Inter@ctive Week Internet Index Symbol: IIX Description of Index The Inter@ctive Week Internet Index is designed to measure a cross section of companies involved in providing digital interactive services, developing and marketing digital interactive software and manufacturing digital interactive hardware. The Inter@ctive Week Internet Index was developed by the American Stock Exchange and Inter@ctive Week, a biweekly magazine published by Inter@ctive Enterprises L.L.C. The Index is market-value (capitalization) weighted, meaning the Index value is based on the sum of the market values (i.e., share price x number of shares outstanding) of each of the component stocks. (Index components follow.) Trading Unit The minimum trade size is one option contract. The notional value underlying each contract equals $100 multiplied by the Index value. Expiration Cycle Three consecutive near-term expiration months plus two successive months from the January cycle. Expiration The Saturday following the third Friday of the expiration month. Last Trading Day Two business days prior to expiration (normally a Thursday). Limited Exercise of Options European style. Options may be exercised only on the last business day prior to expiration (normally a Friday). Writers are subject to assignment only at expiration. "Delivery" Method if Exercised Cash settlement based on the dollar difference between the final settlement valuation of the Index and the strike price of the contract multiplied by $100. Exercise Price Intervals Exercise (strike) prices are set at five-point intervals, bracketing the current Index value when the Index is above 200. If the Index is below 200, the interval will be 21/2 points. Option Premium Quotations Stated in points and fractions. One point equals $100. Minimum tick for series trading below 3 is 1/16 ($6.25); for all other series, 1/8 ($12.50). Final Index Settlement Value Determined on the last business day prior to expiration, based on the first (opening) reported sale price for each component stock. Settlement Next New York business day following expiration. Position Limits 15,000 contracts on the same side of the market. Minimum Customer Margin for Uncovered Writers Premium plus 20% of the aggregate Index value (Index value x $100) reduced by any out-of-the-money amount to a minimum of premium plus 10% of the aggregate Index value. Trading Hours 9:30 a.m. to 4:02 p.m., New York time. Trading System Specialist/Registered Options Trader. Index Base Reference Point 200.00 CUSIP Number 001982107 Trading Symbol IIX Final Settlement Value Symbol IIV Index Components The Inter@ctive Week Internet Index is composed of shares of the following issues: Adobe Systems, Inc. (ADBE) Amazon.com, Inc. (AMZN) America Online, Inc. (AOL) Ascend Communications, Inc. (ASND) At Home Corporation (ATHM) Avid Technology, Inc. (AVID) Bay Networks, Inc. (BAY) BroadBand Technologies, Inc. (BBTK) C-Cube Microsystems, Inc. (CUBE) CMG Information Services, Inc. (CMGI) C\|NET Inc. (CNWK) Cabletron Systems, Inc. (CS) Check Point Software Technologies Ltd. (CHKPF) CheckFree Holdings Corporation (CKFR) Cisco Systems, Inc. (CSCO) Cybercash, Inc. (CYCH) Cylink Corporation (CYLK) E*TRADE Group, Inc. (EGRP) EarthLink Network, Inc. (ELNK) Excite, Inc. (XCIT) Harbinger Corporation (HRBC) Individual, Inc. (INDV) Intuit, Inc. (INTU) Macromedia, Inc. (MACR) Metricom, Inc. (MCOM) MicroTouch Systems, Inc. (MTSI) NETCOM On-Line Com. Svcs., Inc. (NETC) Netscape Communications Corp. (NSCP) Network Associates, Inc. (NETA) Newbridge Networks Corp. (NN) Novell, Inc. (NOVL) ODS Networks, Inc. (ODSI) ONSALE, Inc. (ONSL) Open Market, Inc. (OMKT) Pairgain Technologies, Inc. (PAIR) Premenos Technology Corp. (PRMO) PSINet, Inc. (PSIX) QUALCOMM, Inc. (QCOM) Secure Computing Corp. (SCUR) Security Dynamics Technologies (SDTI) Silicon Graphics, Inc. (SGI) Spyglass, Inc. (SPYG) Sterling Commerce, Inc. (SE) Sun Microsystems, Inc. (SUNW) 3Com Corporation (COMS) USWeb Corporation (USWB) VeriSign, Inc. (VRSN) Verity, Inc. (VRTY) VocalTec Communications Ltd. (VOCLF) Yahoo! Inc. (YHOO) >>