Cboe Quick

CBOE Options Quick Reference Guide Equity Options

Dow Jones Industrial AverageSM

S&P 100® Index

S&P 500® Index

Russell 2000® Index

Nasdaq100 Index®

Product Symbol

Same as stock symbol for listed stocks

DJX

OEX ®

SPXTM

RUT

NDXSM

LEAPS® Symbols

Various LEAPS available. Visit www.cboe.com for symbols.

LDJ - Dec 00 ZDJ - Dec 01 YDJ - Dec 02

OCX - Dec 00 OAX - Dec 01 OLX - Dec 02

LSZ - Dec 00 LSW - Dec 01 LSY - Dec 02

LRU - Dec 00

LEAPS not listed

Description of Underlying

Shares of underlying stock or ADRs

Price-weighted index of 30 stocks

Capitalizationweighted index of 100 stocks

Capitalizationweighted index of 500 stocks

Capitalizationweighted index of 2000 stocks

Capitalizationweighted index of 100 stocks

Underlying Levels:

Other CBOE Products CBOE Indexes •Internet (INX)* •Mexico (MEX) •Oil (OIX)* •Technology (TXX) Dow Jones SM Averages •Dow 10 (MUT)* •Internet Commerce (ECM)* •REIT (DJR) •Transportation (DTX)* •Utility (DUX) Goldman Sachs Technology Indexes (GSTI™) •Composite (GTC) •Hardware (GHA) •Internet (GIN) •Multimedia Networking (GIP) •Semiconductor (GSM) •Services (GSV) •Software (GSO)

Near-term Options

Full-value of the stock/ADR

1/100th of The DowSM

Full value

Full value

Full value

Full value

LEAPS

Full value of the stock/ADR

1/100th of The Dow

1/5th value of the index

1/10th value of the index

1/10th value of the index

LEAPS not listed

Multiplier

100 shares

$100

$100

$100

$100

$100

Exercise Style

American

European

American

European

European

European

Expiration Months (LEAPS may be available as far as 3 years out)

2 near-term months plus 2 additional months from a quarterly cycle.

3 near-term months plus up to 3 additional months from the March quarterly cycle

4 near-term months plus 1 additional month from the March quarterly cycle

3 near-term months plus 3 additional months from the March quarterly cycle

3 near-term months plus 3 additional months from the March quarterly cycle

3 near-term months plus up to 3 additional months from the March quarterly cycle

Strike Price Intervals

2-1/2, 5 or 10 points

1 point

5 points

5 points

5 points

5 points

LEAPS Strike Price Intervals

5 points

1 point

2-1/2 points

2-1/2 points

2-1/2 points

LEAPS not listed

Standard & Poor’s Indexes •S&P 500 Long-dated (SPL) •Banks (BIX) •Chemical (CEX) •Health Care (HCX) •Insurance (IUX) •Retail (RLX) •Transportation (TRX)

Settlement

Delivery of the underlying

Cash settled

Cash settled

Cash settled

Cash settled

Cash settled

S&P 500/BARRA Indexes (SGX & SVX)

Settlement Symbol

Same as option symbol

DJS

Margin Rules

Call 1-800-OPTIONS

Broad-based rules apply

Broad-based rules apply

Broad-based rules apply

Broad-based rules apply

Broad-based rules apply

Trading Hours (Central Time)

8:30 am to 3:02 pm

8:30 am to 3:15 pm

8:30 am to 3:15 pm

8:30 am to 3:15 pm

8:30 am to 3:15 pm

8:30 am to 3:15 pm

Morgan Stanley Multinational Co. Index (NFT) NYSE Composite (NYA) ®

S&P SmallCap 600 Index (SML)

OEX

SET

RLS

NDS

®

FLEX Options Interest Rate Options* Structured Products *LEAPS available.

A complete listing of specifications on the products listed above is available from the Chicago Board Options Exchange at: www.cboe.com or [email protected]

Discover your options at www.cboe.com ■

Real-time quotes: up-to-the-second information on stock and index options levels at one of the lowest prices in the industry.

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Intra-day volume and market statistics from the largest options exchange in the world, including the exclusive rights to DJX, OEX, SPX and NDX.

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On-line Options Toolbox–Test your ideas before you invest.

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Detailed product specifications on each type of option traded at CBOE.

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Direct download of educational options strategy, options symbol directory, historical stock volatility data, broad-based index components data.

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Information for the individual investor regarding the tax implications of investing.

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Links to the investor service center, including information on receiving email updates on contract adjustments and stock splits, mergers and acquisitions, daily new series, new listing and market statistics.

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Program and seminar listings from The Options Institute, the educational branch of CBOE.

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Practical and distinctive information for the institutional investor, including white papers, portfolio management strategies, testimonials, and a listing of upcoming institutional seminars.

Don’t forget to sign up for CBOE eNEWS, your weekly source for news, updates and information from CBOE. You can do it all at www.cboe.com.

Options involve risk and are not suitable for all investors. Prior to buying or selling options, a person must receive a copy of Characteristics and Risks of Standardized Options, which is available from the Options Clearing Corporation (OCC), 440 S. LaSalle, Chicago, IL 60605 or by calling 1-800 OPTIONS. The product specifications are subject to change if the pertinent rules and regulations are amended by CBOE. Dow Jones Industrial AverageSM, Dow Jones Transportation AverageSM, Dow Jones Utility AverageSM, The Dow 10SM and the Dow Jones Internet Commerce IndexSM are service marks of Dow Jones and Co. Inc. and are used under license for certain purposes by CBOE. These options are not sponsored, endorsed, recommended, sold or promoted by Dow Jones and Dow Jones makes no representation regarding the advisability of investing in such products. Standard & Poor’s®, S&P®, S&P 100®, and S&P 500® are registered trademarks of The McGraw-Hill Companies and are licensed for use by CBOE. Options based on the S&P 100 and S&P 500 are not sponsored, endorsed, sold or promoted by The McGraw-Hill Companies and The McGraw-Hill Companies makes no representation regarding the advisability of investing in such products. The Goldman Sachs Technology Indexes (GSTI) are the property of Goldman, Sachs & Co. and have been licensed to CBOE in connection with the trading of options based upon the indexes. Goldman Sachs & Co. assumes no liability in connection with the trading of any contract based upon any of the indexes. GSTITM is a trademark of Goldman, Sachs & Co. The “Morgan Stanley Multinational IndexSM” is a service mark of Morgan Stanley & Co. Incorporated and has been licensed for use by CBOE. Morgan Stanley does not calculate the Morgan Stanley Multinational Index (the “Index”), options on the Morgan Stanley Multinational Index (“Index Options”) are not sponsored by Morgan Stanley and Morgan Stanley does not guarantee, nor is Morgan Stanley liable in any way for, the accuracy or completeness of the Index or make any warranty, express or implied, as the results to be obtained by anyone in connection with the use of the Index and further disclaims all warranties or merchantability or fitness for a particular purpose with respect to the Index. Morgan Stanley assumes no liability or obligation in connection with the trading of the Index Options. NYSE Composite Index® is a registered trademark of the NYSE and is licensed for use by CBOE. The Nasdaq-100 Index®, is a registered mark and NDXSM and NDSSM are service marks of The Nasdaq Stock Market, Inc. These marks are licensed for use by CBOE in connection with the trading of options based on the Nasdaq-100 Index. Such options have not been passed on by The Nasdaq Stock Market, Inc. or its affiliates as to their legality or suitability, and such options are not issued, endorsed, sold or promoted by The Nasdaq Stock Market, Inc. or its affiliates. THE NASDAQ STOCK MARKET, INC. OR ITS AFFILIATES MAKES NO WARRANTIES AND BEARS NO LIABILITY WITH RESPECT TO SUCH OPTIONS. The Russell 2000® Index is a registered trademark of Frank Russell Company. FLEX®, FLexible EXchange®, LEAPS® and OEX® are registered trademarks and Latin 15 IndexTM, Long-term Equity AnticiPation SecuritiesTM and SPXTM are trademarks of CBOE. ©Chicago Board Options Exchange, Inc. 2000 All rights reserved. Printed in USA. (6/26/00)