Exchange Bulletin The Constitution and Rules of the Chicago Board Options Exchange, Incorporated ("Exchange"), in certain specific instances, require the Exchange to provide notice to the Exchange membership. To satisfy this requirement, a complimentary copy of the Exchange Bulletin, including the Regulatory Bulletin, is delivered to all effective members on a weekly basis. Additional subscriptions may be obtained by submitting your name, firm, mailing address, e-mail address and telephone number to: Chicago Board Options Exchange, Attention: Investor Services Department, 400 South LaSalle, Chicago, Illinois 60605. The cost of an annual sub- scription (July 1 through June 30) is $200 ($100 after January 1) for hard copy delivery or $100 ($50 after January 1) for e-mail delivery, payable in advance. Non-members are welcome to subscribe. It’s easy to stay informed about issues at CBOE! CBOE Members can now receive informational and news notices via e-mail or fax. To sign up, simply e-mail your name and desired e-mail address or fax number to: [email protected] or contact Doug Luzzi at 312-786-7105. January 21, 2000 Volume 28, Number 3 Members are required to report any address or telephone number changes to the Membership Department at (312) 786-7449 pursuant to Exchange Rule 3.6(b). For Seat Market Quotes, call (312) 786-7456. SEAT MARKET QUOTES AS OF JANUARY 14, 2000 CLASS BID OFFER LAST SALE AMOUNT LAST SALE DATE CBOE/FULL $350,000.00 $410,000.00 $410,000.00 January 13, 2000 CBOE/OTP $27,500.00 $50,000.00 $110,000.00 July 15, 1999 CBOT/FULL $410,000.00 $440,000.00 $420,000.00 January 13, 2000 OPTION TRADING PERMIT LEASE POOL AS OF JANUARY 14, 2000 Highest Bid: $300.00 Highest Monthly Rate: $700.00 OTP's Available: None Lowest Monthly Rate: $50.00 Last Lease: $700.00 on January 6, 2000 Date Posted MEMBERSHIP INFORMATION FOR 01/06/00 THROUGH 01/12/00 Paul E. Casperson, Nominee 01/06/00 NBN Trading LLC 1220 N. State Parkway Chicago, IL 60610 Mark R. Johnson, Nominee 01/06/00 Johnson Trading, J.V. 9150 S. Damen Chicago, IL 60620 Thomas E. Hutchinson Jr., Nominee 01/06/00 RBC Dominion Securities Corporation 1624 N. Sedgwick #1 Chicago, IL 60614 Benjamin M. Post, Nominee 01/06/00 Timber Hill LLC 1000 N. LaSalle #304 Chicago, IL 60610 MEMBERSHIP APPLICATIONS RECEIVED This notice is given persuant to Exchange Rule 3.9. Please send any comments to the Membership Committee in care of the Membership Department. Individual Member Applicants Date Posted Michael F. Rubin, Nominee 01/06/00 Blue Capital Group L.L.C. 12220 E. Warren Drive Mokena, IL 60448 Daniel J. Sullivan, Nominee 01/06/00 Investec Ernst & Company (Corporation) 12726 Hoyne Ave. Blue Island, IL 60406 Greg H. Richards, Nominee 01/06/00 Arbitrade, L.L.C. 1322 N. Wolcott Chicago, IL 60622
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Exchange Bulletin
The Constitution and Rules of the Chicago Board Options Exchange, Incorporated ("Exchange"), in certain specific instances, req uire theExchange to provide notice to the Exchange membership. To satisfy this requirement, a complimentary copy of the Exchange Bulletin ,including the Regulatory Bulletin , is delivered to all effective members on a weekly basis.
Additional subscriptions may be obtained by submitting your name, firm, mailing address, e-mail address and telephone number to : ChicagoBoard Options Exchange, Attention: Investor Services Department, 400 South LaSalle, Chicago, Illinois 60605. The cost of an ann ual sub-scription (July 1 through June 30) is $200 ($100 after January 1) for hard copy delivery or $100 ($50 after January 1) for e-ma il delivery, payablein advance. Non-members are welcome to subscribe.
It’s easy to stay informed about issues at CBOE! CBOE Members can now receive informational and news notices via e-mail or fax .To sign up, simply e-mail your name and desired e-mail address or fax number to: [email protected] or contact Doug Luzzi at 312-786-7105.
January 21, 2000 Volume 28, Number 3
Members are required to report any address or telephone number changes to the Membership Department at (312) 786-7449pursuant to Exchange Rule 3.6(b). For Seat Market Quotes, call (312) 786-7456.
SEAT MARKET QUOTES AS OF JANUARY 14, 2000
CLASS BID OFFER LAST SALE AMOUNT LAST SALE DATE
CBOE/FULL $35 0,000.00 $410,000.00 $410,000.00 January 13, 2000
CBOE/OTP $27,500.00 $50,000.00 $110,000.00 July 15, 1999
CBOT/FULL $41 0,000.00 $440,000.00 $420,000.00 January 13, 2000
OPTION TRADING PERMIT LEASE POOL AS OF JANUARY 14, 2000
MEMBERSHIP INFORMATION FOR 01/06/00 THROUGH 01/12/00
Paul E. Casperson, Nominee 01/06/00NBN Trading LLC1220 N. State ParkwayChicago, IL 60610
Mark R. Johnson, Nominee 01/06/00Johnson Trading, J.V.9150 S. DamenChicago, IL 60620
Thomas E. Hutchinson Jr., Nominee 01/06/00RBC Dominion Securities Corporation1624 N. Sedgwick #1Chicago, IL 60614
Benjamin M. Post, Nominee 01/06/00Timber Hill LLC1000 N. LaSalle #304Chicago, IL 60610
MEMBERSHIP APPLICATIONS RECEIVEDThis notice is given persuant to Exchange Rule 3.9. Please sendany comments to the Membership Committee in care of theMembership Department.
Individual Member Applicants Date Posted
Michael F. Rubin, Nominee 01/06/00Blue Capital Group L.L.C.12220 E. Warren DriveMokena, IL 60448
Daniel J. Sullivan, Nominee 01/06/00Investec Ernst & Company (Corporation)12726 Hoyne Ave.Blue Island, IL 60406
Greg H. Richards, Nominee 01/06/00Arbitrade, L.L.C.1322 N. WolcottChicago, IL 60622
Page 2 January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin
Date PostedDate Posted
David C. Hojo, Nominee 01/06/00AOT USA LLC77 W. Huron, #1609Chicago, IL 60610
John T. Schaeffer, Nominee 01/06/00Futrex Trading L.L.C.3739 N. LakewoodChicago, IL 60613,
David H. Farra, Lessee 01/06/00228 Grant StreetClarendon Hills, IL 60514
Jeffrey E. Pecs, Nominee 01/06/00Futrex Trading L.L.C.226 N. ClintonChicago, IL 60661
Emmanuel L. Liontakis, Nominee 01/06/00CTC LLC20441 Arcadian Ct.Olympia Fields, IL 60461
Matthew J. March, Nominee 01/06/00Sallerson-Troob L.L.C.33 W. Huron, #402Chicago, IL 60610
James L. McLaughlin, Nominee 01/06/00Premo Trading, Ltd1445 N. State, #807Chicago, IL 60610
W. Scott Schwanke, Nominee 01/06/00Eclipse J.V1590 Montgomery RoadDeerfield, IL 60015
Robert J. Eisenberg, Nominee 01/06/00BOTTA Trading, L.L.C.350 W. Belden, #605Chicago, IL 60615
Tracy S. VanHoutan, Nominee 01/06/00Tradelink L.L.C.518 W. Deming PlaceChicago, IL 60614
Michael B. Bronson, Nominee 01/06/00Vector Capital Markets, LLC2021 W. Willow, #304Chicago, IL 60647
Allen Rovenstine, Nominee 01/06/00GPZ Trading, L.L.C.905 N. MainNaperville, IL 60563
Norman D. Friedman, Nominee 01/06/00Eclipse J.V4142 Miller DriveGlenview, IL 60025
Larry J. Jackson, Nominee 01/07/00Lakota Trading, Inc.600 S. Dearborn, #303Chicago, IL 60605
Dennis P. Harrigan, CBT Registered For 01/07/00Midway Securities, L.L.C.9857 S. AversEvergreen Park, IL 60805
Anthony K. House, CBT Registered For 01/10/00Rosenthal Collins Equities, L.L.C.2512 Maple Ave.Northbrook, IL 60062
Tom G. Sideris, Nominee 01/10/00Option Capital Group, LLC8135 OakwoodMunster, IN 46321
David A. Ludden, Nominee 01/12/00Wellington Capital Markets, LLC907 Wrightwood, #1Chicago, IL 60614
Mark T. Malueg, CBT Registered For 01/12/00Susquehanna Investment Group2257 N. JanssenChicago, IL 60614
Glenn G. Baytala, Nominee 01/12/00Lakeshore Securities, L.P.15215 S. LasfloresOak Forest, IL 60452
Van V. Hemphill, Nominee 01/12/00Lakeshore Securities, L.P.1560 N. Sandburg, #3502Chicago, IL 60610
James A. Hyman, Nominee 01/12/00GPZ Trading, L.L.C.650 Duane StreetGlen Ellyn, IL 60137
Brian P. Kelly, Nominee 01/12/00GPZ Trading, L.L.C.117 IndianClarendon, IL 60514
Member Organization Applicants Date Posted
GPA Trading, L.L.C. 01/06/00Paul A. Gregory, Nominee440 S. LaSalle - Ste. 2110Chicago, IL 60605
Paul A. Gregory - MemberSamuel I. Sallerson - MemberAndrew S. Troob - Member
LJL, L.L.C. 01/06/00Licia J. Leslie, NomineeMatthew H. Bentley, Nominee440 S. LaSalle - Ste. 2110Chicago, IL 60605
Licia J. Leslie - Managing Member
SMQ, L.L.C. 01/06/00Steven G. Mayer, Nominee440 S. LaSalle - Ste. 2110Chicago, IL 60605
Steven G. Mayer - Managing MemberSamuel I. Sallerson - MemberAndrew S. Troob - Member
RKO, L.L.C. 01/06/00Richard A. Lindar, Nominee440 S. LaSalle - Ste. 2110Chicago, IL 60605
Richard A. Lindar - Managing MemberSamuel I. Sallerson - MemberAndrew S. Troob - Member
January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin Page 3
Termination Date
Effective Date
Termination Date
Date Posted
Acorn Trading, L.L.C. 01/06/00Jonathan S. Okman, Nominee440 S. LaSalle - Ste. 2500Chicago, IL 60605
Jonathan S. Okman - Managing MemberTonya S. Hughes - MemberJane L. Rush - MemberMichael Looper - MemberBenjamin Klein - Member
Edge Trading Group, L.L.C. 01/06/00Edward W. Hanhardt, Nominee440 S. LaSalle - Ste. 3100Chicago, IL 60605
Jeffrey L. Kost - MemberJay A. Rosenbloom - MemberEdward W. Hanhardt - Member
MEMBERSHIP LEASESThis notice is given pursuant to Exchange Rules 3.15 and 3.16which permit certain types of claims to be filed with the Mem-bership Department within 20 days from the date of this Ex-change Bulletin.
New Leases Effective Date
Lessor: SM Seat, L.L.C. 01/06/00Lessee: Brave Sky Trading, LLC
William S. Menden, NOMINEERate: 1 5/8% Term: Monthly
Lessor: Anthony DiCrescenzo 01/07/00Lessee: Boyle & Snyder, L.L.C.
Brian W. Hansen, NOMINEERate: 1 5/8% Term: Monthly
Lessor: Marc I. Beilinson 01/07/00Lessee: DBS Partners L.P.
Garrick V. Lau, NOMINEERate: 1 5/8% Term: Monthly
Lessor: Kevin J. Cagney 01/10/00Lessee: Blue Capital Group L.L.C.
Eric J. Troy, NOMINEERate: 1 5/8% Term: Monthly
Lessor: Frances Beck Whigam 01/11/00Lessee: Downtown Options Inc.
Melody L. Fliss, NOMINEERate: 1 5/8% Term: Monthly
Lessor: Barry M. Newman 01/11/00Lessee: Samuelson Trading Corporation
Brent L. Burden, NOMINEERate: 1 5/8% Term: Monthly
Terminated Leases Termination Date
Lessor: SM Seat, L.L.C. 01/06/00Lessee: Sallerson-Troob L.L.C.
Frank J. Fahey Jr. (FFX), NOMINEE
Lessor: Anthony Dicrescenzo 01/07/00Lessee: Letco Trading L.P.
Brian W. Hansen (BRI), NOMINEE
Lessor: William J. Koch 01/07/00Lessee: KC-CO II L.L.C.
Lessor: Barry M. Newman 01/11/00Lessee: Group One Trading, L.P.
Roma M. Colwell-Steinke (CYP), NOMINEE
OPTION TRADING PERMIT LEASES
New OTP Leases
This notice is given pursuant to Exchange Rules 3.15 and 3.27which permit certain types of claims to be filed with the Mem-bership Department within 20 days from the date of this Ex-change Bulletin.
Lessor: Hull Trading Company, L.L.C. 01/06/00Lessee: Carl Mc LeanRate: $200.00 Term: One Day
Lessor: Hull Trading Company, L.L.C. 01/07/00Lessee: RPS Trading Inc.
D. Mark Hutchinson, NOMINEERate: $200.00 Term: One Day
Lessor: Hull Trading Company, L.L.C. 01/10/00Lessee: William J. DeevyRate: $200.00 Term: One Day
Terminated OTP Leases
This notice is given pursuant to Exchange Rules 3.15 and 3.27which permit certain types of claims to be filed with the Mem-bership Department within 20 days from the date of this Ex-change Bulletin.
Lessor: Hull Trading Company, L.L.C. 01/07/00Lessee: Carl Mc Lean (COR)
Lessor: Hull Trading Company, L.L.C. 01/10/00Lessee: Rps Trading Inc.
D. Mark Hutchinson (IBI), NOMINEE
Lessor: Hull Trading Company, L.L.C. 01/11/00Lessee: William J. Deevy (BDV)
LEASE POOL OPTION TRADINGPERMIT LEASES
New OTP Leases Effective Date
Lessor: Chicago Board Options Exchange 01/06/00Lessee: AOTS Limited Partnership
Thomas M. Hochbaum, NOMINEERate: $700.00 Term: 04/30/00
MEMBERSHIP TERMINATIONS
Individual Members Termination Date
CBT Exercisers:
Dimitrios Cholevas (GRE) 01/12/00440 S. LaSalle, Ste. 700Chicago, IL 60605
Page 4 January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin
Termination DateCBT Registered For:
Michael E. Unetich (UNI) 01/10/00DRW Securities, Llc311 S. Wacker Dr., Suite 900Chicago, IL 60606
Kenneth J. Heinz (JRZ) 01/12/00ING TT&S (U.S.) Securities Inc.440 S. LaSalle, Ste. 2800Chicago, IL 60605
Lessee(s):
Carl Mc Lean (COR) 01/07/0019 Burning Oak TrailBarrington Hills, IL 60010
Nominee(s) / Inactive Nominee(s):
Albert S. An (ASX) 01/06/00Wolverine Trading L.P.311 S. Wacker Drive, Suite 1865Chicago, IL 60606
Matthew H. Bentley (MHB) 01/06/00Sallerson-Troob L.L.C.440 S. LaSalle, Ste. 2110Chicago, IL 60605
Brady W. Barth (BDY) 01/06/00Sallerson-Troob L.L.C.320 N. Clinton St.Chicago, IL 60661
John S. Schroeder (NOJ) 01/06/00AOTS Limited Partnership440 S. LaSalle, #650Chicago, IL 60605
D. Mark Hutchinson (IBI) 01/10/00RPS Trading Inc.440 S. LaSalle - Ste. 1617Chicago, IL 60605
Donald C. Clark (DBC) 01/10/00Lakota Trading, Inc.401 S. LaSalle, Ste. 200Chicago, IL 60605
Geoff A. Crement (CRE) 01/11/00Crement-Youatt G.P.440 S. LaSalle, Suite 2500Chicago, IL 60605
Kurt R. Passehl (RUC) 01/11/00GPZ Trading, L.L.C.230 S. LaSalle, Suite 688Chicago, IL 60604
Member Organizations
Crement-Youatt G.P. 01/11/00401 S. LaSalle, #1200Chicago, IL 60605
EFFECTIVE MEMBERSHIPSThis notice is given pursuant to Exchange Rule 3.11.
Individual Members Effective Date
CBT Registered For:
Peter Maragos (PMG) 01/06/00Brave Sky Trading, LLC440 S. LaSalle, Suite 611Chicago, IL 60605Type of Business to be Conducted: Market Maker
Steven Stefancic (SSF) 01/10/00Dennis P. Flynn, Inc.401 S. LaSalle, #1700Chicago, IL 60605Type of Business to be Conducted: Market Maker
Vincent K. Parello (VPR) 01/10/00440 S. LaSalle, Suite 713Chicago, IL 60605Type of Business to be Conducted: Market Maker
Brian P. Huibregtse (HBX) 01/11/00440 S. LaSalle, Ste. 2500Chicago, IL 60605Type of Business to be Conducted: Market Maker
Mark R. Hull (HUL) 01/12/00Tansraafl Research & Trading LLC440 S. LaSalle, Ste. 2100Chicago, IL 60605Type of Business to be Conducted: Market Maker
Lessee(s):
Carl Mc Lean (COR) 01/06/0019 Burning Oak TrailBarrington Hills, IL 60010Type of Business to be Conducted: Market Maker
Nominee(s) / Inactive Nominee(s):
William S. Menden (WSM) 01/06/00Brave Sky Trading, LLC440 S. LaSalle, Ste. 726Chicago, IL 60605Type of Business to be Conducted: Market Maker
Garrick V. Lau (GRQ) 01/07/00DBS Partners L.P.311 S. Wacker, Ste. 4848Chicago, IL 60606Type of Business to be Conducted: Market Maker
D. Mark Hutchinson (IBI) 01/07/00RPS Trading Inc.440 S. LaSalle - Ste. 1617Chicago, IL 60605Type of Business to be Conducted: Market Maker
Brian M. Connelly (BCC) 01/10/00JSS Investments, L.L.C.230 S. LaSalle, Suite 688Chicago, IL 60605Type of Business to be Conducted: Market Maker
Aaron M. Gilfand (AMG) 01/12/00Blue Capital Group L.L.C.401 S. LaSalle, Suite 700Chicago, IL 60605Type of Business to be Conducted: Market Maker
January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin Page 5
Effective Date Termination DateHare K. Kulkarni (VIK) 01/12/00Changes, L.L.C.440 S. LaSalle, Suite 2500Chicago, IL 60605Type of Business to be Conducted: Market Maker
Member Organizations
Parello Associated, L.L.C. 01/10/00440 S. LaSalle, #700Chicago, IL 60605Type of Business to be Conducted: Market Maker
JOINT ACCOUNTSThis notice is given pursuant to Exchange Rule 8.9.
New Participants Acronym Effective Date
William S. Menden QBR 01/06/00
Brian F. Ludden QSZ 01/07/00
David W. Silvester QSZ 01/07/00
Sean W. Haggerty QJY 01/10/00
Sean W. Haggerty QYS 01/10/00
Sean W. Haggerty QUT 01/10/00
Garrick V. Lau QDB 01/10/00
Brian M. Connelly QRH 01/10/00
Thomas P. Shanahan QNV 01/11/00
John F. Burnside QJY 01/11/00
Thomas H. Michalak QCH 01/12/00
Hare K. Kulkarni QCH 01/12/00
Terminated Participants Acronym Effective Date
Albert S. An QWV 01/06/00
Matthew H. Bentley QHS 01/06/00
Brady W. Barth QHS 01/06/00
Thomas M. Hochbaum QYA 01/06/00
John S. Schroeder QYA 01/06/00
Marc I. Beilinson QKB 01/07/00
Edward T. T illy QJS 01/07/00
Edward T. T illy QPO 01/07/00
Jeffrey M. Katz QAK 01/10/00
David R. Glynn QAK 01/10/00
Adam J. Zechman QAK 01/10/00
Andrew N. Evans QAK 01/10/00
S. Mark Cavanagh QAK 01/10/00
Kurt R. Passehl QKP 01/11/00
Kenneth J. Heinz QDX 01/12/00
Dimitrios J. Cholevas QEU 01/12/00
Terminated Accounts
Anthony E. Rusinak QLA 01/06/00
CHANGES IN MEMBERSHIP STATUS
Individual Member Applicants Effective Date
Marc I. Beilinson 01/07/00From: Registered For ING (US) Securities,
POSITION LIMITSFor all equity options classes except those listed below, the standard position and exercise limits pursuant to Exchange Rule 4 .11and 4.12 will be applicable. For a complete list of all applicable limits, check 2nd floor data information bins or contact the Departmentof Market Regulation. If you wish to receive regular updates of the position limit list, please contact Candice Nickrand at (3 12) 786-7730 of the Department of Market Regulation.
Page 8 January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin
POSITION LIMIT CIRCULAR PL00-08
DATE: January 12, 2000
TO: Members and Member Organizations
FROM: Department of Market Regulation
RE: Equity Option Position and Exercise Limits
The position and exercise limits in the Cyberonics, Inc. (CYBX/QAJ), Organogenesis, Inc. (ORG), and The Sports Authority (TSA) classesof options were scheduled to be decreased after the January 2000 expiration. However, as a result of a review of trading statistics, ithas been determined that QAJ and ORG’s position and exercise limits will remain unchanged at 22,500 contracts and TSA’s position andexercise limits will remain unchanged at 31,500.
For additional information, please contact Melissa Becker at (312) 786-7362 in the Department of Market Regulation.
POSITION LIMIT CIRCULAR PL00-09
DATE: January 12, 2000
TO: Members and Member Organizations
FROM: Department of Market Regulation
RE: Equity Option Position and Exercise Limits
The position and exercise limits in the AES Corp. (AES), Hain Food, Inc. (HAIN/QQH), Midway Games, Inc. (MWY), and Viasoft, Inc. (VIAS/QVV)classes of options were scheduled to be decreased after the February 2000 expiration. However, as a result of a review of trading statistics,it has been determined that MWY and QQH’s position and exercise limits will remain unchanged at 22,500 contracts, QVV’s position andexercise limits will remain unchanged at 31,500 contracts, and AES’ position and exercise limits will remain unchanged at 75,000 contracts.
For additional information, please contact Melissa Becker at (312) 786-7362 in the Department of Market Regulation.
POSITION LIMIT CIRCULAR PL00-10
DATE: January 12, 2000
TO: Members and Member Organizations
FROM: Department of Market Regulation
RE: Equity Option Position and Exercise Limits
The position and exercise limits in the Ingersoll Rand Company (IR) and Technology Solutions Co. (TSCC/QST) classes of options were scheduled tobe decreased after the March 2000 expiration. However, as a result of a review of trading statistics, it has been determined that QST’s position andexercise limits will remain unchanged at 31,500 contracts and IR’s position and exercise limits will remain unchanged at 60,000.
For additional information, please contact Melissa Becker at (312) 786-7362 in the Department of Market Regulation.
POSITION LIMIT CIRCULAR PL00-12
DATE: January 12, 2000
TO: Members and Member Organizations
RE: Promus Hotel Corporation (“PRH”) Merger with Hilton Hotels Corporation (“HLT”) Effective Date January 12, 2000
The Exchange has established that the position and exercise limits following this merger will be any combination of PXH and HLT option contracts onthe same side of the market not to exceed 17,611,500 shares of the underlying security through May 20, 2000. Following the May 2000 expiration, theposition and exercise limits will revert to the standard limit of 75,000 contracts of HLT.
For additional information, please contact Candice Nickrand at (312) 786-7730 in the Department of Market Regulation.
POSITION LIMIT CIRCULAR PL00-013
DATE: January 11, 2000
TO: Members and Member Organizations
FROM: Department of Market Regulation
RE: Equity Option Position and Exercise Limits
As a result of a review of trading statistics, the following classes now qualify for a higher position and exercise limit:
Option Class Stock Symbol New TierBBT BBT 31,500OEI OEI 60,000YQG SPYG 60,000
For additional information, please contact Melissa Becker at (312) 786-7362 in the Department of Market Regulation.
POSITION LIMIT CIRCULARS
January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin Page 9
POSITION LIMIT CIRCULAR PL00-14
DATE: January 13, 2000
TO: Members and Member Organizations
RE: Telebanc Financial Corporation (“TBFC/TFU”) Merger with Turbo Acquisition Corp., a wholly-owned subsidiary ofE*Trade Group, Inc. (“EGRP/QGR/QGZ”) Effective Date January 13, 2000
The Exchange has established that the position and exercise limits following this merger will be any combination of TFW, QGR, and QGZ optioncontracts on the same side of the market not to exceed 21,615,000 shares of the underlying security through January 22, 2000. Following theJanuary 2000 expiration and continuing through July 22, 2000, the position and exercise limits will be any combination of TFW, QGR, and QGZoption contracts on the same side of the market not to exceed 10,807,500 shares of the underlying security. Following the July 2000 expiration,the position and exercise limits will revert to the standard limit of 75,000 contracts of QGR.
Position Limit Circular PL00-11Effective January 24, 2000Unhedged Position and Exercise Limits
Pursuant to Exchange Rule 4.11, Interpretation .02 and Exchange Rule 4.12, all securities underlying the Exchange’s listed equity options have beenreviewed to determine which options are eligible for either the 75,000, 60,000, 31,500, 22,500 or 13,500 contract position and exercise limits.Accounts which are directly or indirectly controlled by the same individual or entity must be aggregated to determine compliance with the positionand exercise limit rules. Unless specifically mentioned, this notice refers to unhedged position and exercise limits.
To be eligible for the 75,000 tier limit either:
a. the number of outstanding shares must be at least 300 million and the past six-month trading volume in the underlying security must havetotaled at least 75 million shares, or
b. the past six-month trading volume in the underlying security must be at least 100,000 million shares.
To be eligible for the 60,000 tier limit either:
a. the number of outstanding shares must be at least 240 million and the past six-month trading volume in the underlying security must havetotaled at least 60 million shares, or
b. the past six-month trading volume in the underlying security must be at least 80,000 million shares.
To be eligible for the 31,500 tier limit either:
a. the number of outstanding shares must be at least 120 million and the past six-month trading volume in the underlying security must havetotaled at least 30 million shares, or
b. the past six-month trading volume in the underlying security must be at least 40 million shares.
To be eligible for the 22,500 tier limit either:
a. the number of outstanding shares must be at least 40 million and the past six-month trading volume in the underlying security must havetotaled at least 15 million shares, or
b. the past six-month trading volume in the underlying security must be at least 20 million shares.
Position and exercise limits for equity options whose underlying security fails to meet any of the above criteria will be 13,500 option contracts.
NOTE: Exchange Rules 4.11 and 4.12 also provide for equity option positions hedged with 100 shares of the underlying security or securitiesreadily convertible into stock to be three times the standard limit for determining position and exercise limit compliance. The exemption applies tocustomer, firm and market-maker accounts. The exemption is automatic for accounts that have established one of the following four hedgestrategies: long call/short stock, short call/long stock, long put/long stock, short put/short stock. As an example, the applicable standard limit forIBM is 75,000 contracts. Therefore, a member or customer maintaining a short position of 15,000,000 shares of IBM common stock may establisha maximum long call, short put position of 225,000 IBM option contracts provided that two-thirds or 150,000 option contracts are hedged asdescribed above. Members should also be reminded that the hedge must be established prior to exceeding the standard limit and generally mustbe held in the same account as the option positions.
Equity Flex options positions shall not be aggregated with positions in non-Flex equity options for position and exercise limit compliance purposes.
In addition, pursuant to Exchange Rule 24.4A, Exchange listed industry index options have also been reviewed to determine which options areeligible for either the 15,000, 12,000, or 9,000 contract position limit. These limits are also reflected on the attached listing.
Following is a list of CBOE options with their applicable limits. Those option classes which now qualify for a higher tier limit will have the 75,000,60,000, 31,500 or 22,500 contract limit effective Monday, January 24, 2000. For those equity option classes whose limit has fallen to a lower tier(noted by a single, double, triple, or quadruple asterisk) the limit will be reduced effective the dates as noted. For those industry index optionswhose limit has fallen to a lower tier (noted by a single or double pound (#) sign) the limit will also be reduced effective the dates as noted.
Also included is a list of option classes which have special position and exercise limits due to stock splits, dividends, or mergers.
Please refer to the Exchange Bulletin for updates of non-standard position and exercise limits due to adjustments in the underlying securities, suchas stock splits, stock dividends, etc.
The general review for eligibility of equity and narrow based industry index options will be conducted again in July 2000. If prior to the six-monthreview, an underlying security for an equity option qualifies for a higher limit based on criteria met as defined in Exchange Rule 4.11, the positionand exercise limit will be increased at that time. Industry index option position and exercise limits may also be increased prior to the July 2000 reviewif the criteria as defined in Exchange Rule 24.4A are met.
Any questions concerning position and exercise limits should be directed to Patricia Cerny (312) 786-7722 or Melissa Becker (312) 786-7362.
Page 10 January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin
EFFECTIVE DATE 1/24/00
UNDERLYING STOCK SYMBOL POSITIONA.G. EDWARDS, INC. AGE 31,500ABBOTT LABORATORIES ABT 75,000ABERCROMBIE & FITCH COMPANY ANF * * * * *ABITIBI-CONSOLIDATED INC. ABY 22,500ABLE TELCOM, INC. (ABTE) QZB 31,500ABN AMRO HOLDING NV ADR ABN 13,500ABOUT.COM INC. (BOUT) AUB 31,500 * *ABOVENET COMMUNICATIONS, INC. (ABOV) BOV * * * * *ACCLAIM ENTERTAINMENT, INC. (AKLM) KKQ 75,000ACT NETWORKS, INC. (ANET) QTE 31,500ACTION PERFORMANCE COMPANIES, INC. (ACTN) QNC 60,000ACTV, INC. (IATV) AUC 60,000ACTIVISION, INC. (ATVI) AQV 31,500ADAPTEC,INC. (ADPT) APQ 75,000ADC TELECOMMUNICATIONS, INC. (ADCT) TLQ 75,000ADELPHIA BUSINESS SOLUTIONS, INC. (ABIZ) QPI 22,500ADELPHIA COMMUNICATIONS CORP. (ADLAC) ADU * * * * *ADMINISTAFF, INC. ASF 13,500ADOBE SYSTEMS, INC. (ADBE) AEQ * * * * *ADVANCED COMMUNICATIONS GROUP ADG 13,500ADVANCED ENERGY INDUSTRIES, INC. (AEIS) OEQ 22,500ADVANCED FIBRE COMMUNICATIONS, INC. (AFCI) AQF 75,000ADVANCED MICRO DEVICES, INC. AMD 75,000ADVANTA CORP. (ADVNA) AVQ 13,500ADVANTAGE LEARNING SYSTEMS, INC. (ALSI) AIU 31,500AEGON NV ADR AEG 31,500AERIAL COMMUNICATIONS, INC. (AERL) IQA 31,500AES CORP. AES 75,000AETNA, INC. AET 75,000AGILENT TECHNOLOGIES CORPORATION A 75,000AGNICO-EAGLE MINES LTD. AEM 22,500AGRIBIOTECH, INC. (ABTX) QXQ 75,000 * * *AIRTOUCH COMMUNICATION, INC. AYV * * * * *AIRTRAN HOLDINGS, INC. (AAIR) VJQ 31,500AK STEEL HOLDING CORPORATION AKS 31,500AKZO NOBEL N.V. (AKZOY) OUQ 22,500 *ALBERTSON’S, INC. ABS 75,000ALCATEL ALA 75,000ALCOA INC. AA 75,000ALLAIRE CORPORATION (ALLR) AUR 22,500ALLEGHENY TECHNOLOGIES INCORPORATED ATI 31,500ALLEGIANCE TELECOM INC. (ALGX) QGX 31,500 * *ALLIANCE CAPITAL MANAGEMENT AC 22,500ALLIANCE SEMICONDUCTOR CORPORATION (ALSC) ASU 60,000ALLIED SIGNAL, INC. ALD 75,000ALLIED WASTE INDUSTRIES, INC. AW 75,000ALLSTATE CORPORATION ALL 75,000ALTERA CORPORATION (ALTR) LTQ * * * * *ALTERNATIVE LIVING SERVICES, INC. ALI 22,500ALZA CORPORATION AZA 75,000AMAZON.COM, INC. (AMZN) ZQN * * * * *AMBRESCO, INC. (AMMB) UKQ 75,000AMDOCS, LTD. DOX 31,500AMERICA ONLINE INC. AOL * * * * *AMERICA WEST HOLDINGS CORPORATION AWA 31,500 * *AMERICAN CAPITAL STRATEGIES, LTD. (ACAS) DQS 13,500AMERICAN EAGLE OUTFITTERS, INC. (AEOS) AQU 75,000AMERICAN ELECTRIC POWER CO., INC. AEP 31,500AMERICAN EXPRESS CO. AXP 75,000AMERICAN GENERAL CORP. AGC 60,000AMERICAN HOME PRODUCTS CORP. AHP 75,000AMERICAN INTERNATIONAL GROUP, INC. AIG * * * * *AMERICAN MANAGEMENT SYSTEMS, INC. (AMSY) YAQ 31,500AMERICAN ONCOLOGY RESOURCES, INC. (USON) QIA 60,000AMERICAN POWER CONVERSION CORP.(APCC) PWQ 75,000AMERICAN SOURCE HEALTH CORPORATION AAS 31,500AMERICAN STANDARD CORP. ASD 22,500AMERICAN TOWER CORPORATION CLASS A AMT 75,000AMERICAN XTAL TECHNOLOGY (AXTI) AQX 31,500AMERICREDIT CORP. ACF 31,500 * *AMERITECH (AIT) AZT * * * * *AMERITRADE HOLDING CORPORATION (AMTD) TQA 75,000AMES DEPARTMENT STORES (AMES) QAF 31,500AMFM INC. AFM 75,000AMGEN INC. (AMGN) AMQ * * * * *AMKOR TECHNOLOGY, INC (AMKR) QEL 75,000AMOCO CORPORATION AX * * * * *AMR CORPORATION AMR 75,000AMSOUTH CORPORATION ASO * * * * *
UNDERLYING STOCK SYMBOL POSITIONANADARKO PETROLEUM CORPORATION APC 60,000ANADIGICS, INC. (ANAD) DQA 22,500ANALOG DEVICES, INC. ADI 75,000ANCHOR GAMING (SLOT) QLT 13,500ANCOR COMMUNICATIONS, INC. (ANCR) CUA 75,000ANDREA ELECTRONICS CORPORATION AND 22,500 *ANDREW CORP. (ANDW) AQN 75,000 * * * *ANGLOGOLD LIMITED AU 22,500ANIXTER INTERNATIONAL INC. AXE 13,500ANN TAYLOR STORES CORP. ANN 31,500ANSWERTHINK CONSULTING GROUP (ANSR) QRA * * * * *ANTEC CORPORATION (ANTC) AQC 75,000APACHE CORP. APA 75,000APEX , INC. (APEX) PXQ 31,500APOLLO GROUP INC. (APOL) OAQ 75,000 * * * *APPLE COMPUTER, INC. (AAPL) AAQ 75,000APPLEBEE’S INTERNATIONAL, INC. (APPB) AQB 22,500APPLIED MAGNETICS CORPORATION APM 60,000APPLIED MATERIALS, INC. (AMAT) ANQ 75,000APPLIED MICRO CIRCUITS CORP. (AMCC) QLL 75,000APPLIED POWER INC. APW 22,500APPLIED SCIENCE AND TECHNOLOGY, INC. (ASTX) AUT 22,500 *APPLIX, INC. (APLX) AUL 75,000APPNET SYSTEMS, INC. (APNT) UAP 60,000APRIA HEALTHCARE GROUP INC. AHG 31,500 * *ARACRUZ CELLULOSE SA ARA 22,500ARGOSY GAMING AGY 22,500ARIBA, INC. (ARBA) IRU * * * * *ARTERIAL VASCULAR ENGINEERING, INC. (AVEI) GZZ * * * * *ARTISOFT, INC. (ASFT) AGQ 22,500ASA LIMITED ASA 13,500ASCEND COMMUNICATIONS (ASND) YZA * * * * *ASE TEST LIMITED (ASTSF) QDQ 22,500 *ASK JEEVES, INC. (ASKJ) AUK 31,500ASM INTERNATIONAL N.V. (ASMI) IQB 31,500ASM LITHOGRAPHY HOLDING NV (ASML) MFQ 75,000 * * *ASPECT DEVELOPMENT, INC. (ASDV) QDV 75,000 * * *ASPECT TELECOMMUNICATIONS CORPORATION (ASPT) ATQ 75,000ASSOCIATED BANC-CORP (ASBC) QVS 22,500ASSOCIATED FIRST CAPITAL CORP. AFS 75,000ASTORIA FINANCIAL CORPORATION (ASFC) AQR 31,500ASTRAZENECA PLC ADS AZN 31,500AT HOME CORPORATION (ATHM) AHQ * * * * *AT&T CORP. T * * * * *AT&T CANADA, INC. CLASS B DEPOSIT RECEIPTS (ATTC) MFU * * * * *AT & T CORP. - LIBERTY MEDIA GROUP CLASS A (LMG.A) LMG 75,000ATLANTIC COAST AIRLINES (ACAI) QKA 31,500 * *ATLANTIC RICHFIELD CO. ARC 75,000ATLAS AIR, INC. CGO 13,500ATMEL CORPORATION (ATML) AQT * * * * *AUSPEX SYSTEMS, INC. (ASPX) XUM 31,500AUTOBYOTEL.COM, INC. (ABTL) UBL 31,500AUTONATION, INC. AN 75,000AUTOWEB.COM, INC. (AWEB) UWB 60,000 * * *AUTOZONE INC. AZO 60,000 * * *AVENTIS ADS AVE 22,500 *AVID TECHNOLOGY INC. (AVID) AQI 31,500 * *AVIRON (AVIR) QCV 22,500AVIS RENT A CAR, INC. AVI 22,500AVISTA CORPORATION AVA 22,500AVON PRODUCTS, INC. AVP 75,000AXA FINANCIAL, INC. AXF 75,000AZTAR CORPORATION AZR 22,500B.F. GOODRICH COMPANY GR 60,000BAAN COMPANY NV (BAANF) BQF 75,000 * * *BACKWEB TECHNOLOGIES LTD. (BWEB) UBW 31,500BAKER HUGHES INCORPORATED BHI 75,000BAKER (J.) INC. (JBAK) JBQ 13,500BALLARD POWER SYSTEMS, INC. (BLDP) DFQ 22,500BANCO BILBAO VISCAYA-ADR BBV 13,500BANCO FRANCES DEL RIO DE LA PLATA S.A. ADR BFR 13,500BANCO RIO DE LA PLATE S.A. ADR BRS 22,500 *BANCWEST CORPORATION BWE * * * * *BANK OF NEW YORK CO. BK 75,000BANK ONE CORPORATION ONE 75,000BANK OF AMERICA CORPORATION BAC * * * * *
January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin Page 11
UNDERLYING STOCK SYMBOL POSITIONBANK OF TOKYO MITSUBISHI ADR MBK 60,000 * * *BANYAN SYSTEMS INC. (BNYN) QYN 60,000 * * *BARNES AND NOBLE, INC. BKS 75,000 * * *BARNSANDNOBLE.COM (BNBN) BEU 75,000BARRICK GOLD CORPORATION ABX 75,000BAXTER INTERNATIONAL, INC. BAX 75,000BAY NETWORKS, INC. LZW * * * * *BB&T CORPORATION BBT 31,500BEA SYSTEMS, INC. (BEAS) BRQ * * * * *BEAR STEARNS COMPANIES BSC * * * * *BED BATH & BEYOND INC. (BBBY) BHQ 75,000BELL ATLANTIC CORP. BEL 75,000BELLSOUTH CORPORATION BLS 75,000BERGEN BRUNSWIG CORPORATION BBC 75,000BEST BUY CO., INC. BBY * * * * *BEST SOFTWARE, INC. (BEST) BUT 22,500 *BETHLEHEM STEEL CORP. BS 75,000BEYOND.COM CORPORATION (BYND) QYD 75,000BID.COM INTERNATIONAL, INC. (BIDS) BDU 75,000BIOCHEM PHARMA, INC. (BCHE) BQX 60,000BIOCRYST PHARMACEUTICALS, INC. (BCRX) BIU 22,500BIOGEN INC. (BGEN) BGQ * * * * *BIOMET, INC. (BMET) BIQ 75,000BIO-SITE DIAGNOSTICS, INC. (BSTE) BQS 13,500BIO-TECHNOLOGY GENERAL CORP. (BTGC) QTG 31,500BIOTIME, INC. BTX 13,500BIOVAIL CORPORATION INTERNATIONAL BVF * * * * *BJ SERVICES COMPANY BJS 75,000BJ’S WHOLESALE CLUB, INC. BJ 22,500BLACK & DECKER MANUFACTURING CO. BDK 31,500BLANC PLUS CORPORATION (BPLS) QBP 22,500BLOCKBUSTER, INC. BBI 31,500BMC SOFTWARE, INC. (BMCS) BCQ 75,000BOCA RESORTS, INC. RST 13,500BOEING CO. BA 75,000BOISE CASCADE CORP. BCC 31,500BOOKS-A-MILLION, INC. (BAMM) QMZ 75,000BORDEN CHEMICALS AND PLASTICS L.P. BCU 22,500 *BORDERS GROUP, INC. BGP 75,000 * * *BORON LEPORE GROUP, INC. (BLPG) BQL 22,500 *BOSTON COMMUNICATIONS GROUP, INC. (BCGI) QGB 22,500BOSTON SCIENTIFIC CORPORATION BSX 75,000BP AMOCO PLC BPA * * * * *BRIGHTPOINT, INC. (CELL) QEF 75,000BRIO TECHNOLOGY, INC. (BRYO) UBR 22,500BRISTOL-MYERS SQUIBB CO. PLC ADS BMY * * * * *BRITISH TELECOMMUNICATIONS PLC BTY 13,500BROAD VISION, INC. (BVSN) QVB * * * * *BROADCOM, INC. (BRCM) RCQ 75,000BROADWING, INC. BRW * * * * *BROCADE COMMUNICATIONS SYSTEMS, INC.(BRCD) UBF 75,000BROOKE GROUP, LTD. BGL * * * * *BRUNSWICK CORP. BC 31,500 * *BUILDING ONE SERVICES CORPORATION (BOSS) QYB 31,500 ** ♠BUFFETS, INC. (BOCB) BOQ 31,500 * *BURLINGTON NORTHERN SANTA FE CORP. BNI 75,000BURLINGTON RESOURCES, INC. BR 75,000BUSINESS OBJECTS S.A. ADR (BOBJ) BBQ 31,500C-CUBE MICROSYSTEMS, INC. (CUBE) UQB 75.000 * * * *CABLE & WIRELESS COMMUNICATIONS PLC ADR CWZ 13,500CABLE & WIRELESS HKT LIMITED ADS HKT 31,500 *CABLE & WIRELESS PLC ADS CWP 22,500CABLETRON SYSTEMS, INC. CS 75,000CABLEVISION SYSTEMS CORPORATION CLASS A CVC 31,500CADENCE DESIGN SYSTEMS, INC. CDN 75,000CADIZ LAND COMPANY, INC. (CLCI) QAZ 13,500CALIFORNIA AMPLIFIER, INC. (CAMP) UMP 31,500CALLAWAY GOLF CO. ELY 60,000 * * *CAMBRIDGE TECHNOLOGY PARTNERS,INC. (CATP) TQP 75,000CAMPBELL SOUP COMPANY CPB 75,000CANADIAN NATIONAL RAILWAY COMPANY CNI * * * * *CAPITAL ONE FINANCIAL COF 75,000CARDINAL HEALTH, INC. CAH 75,000CARNIVAL CORPORATION CCL 75,000CARRIER ACCESS CORPORATION (CACS) UCN 31,500CARTER-WALLACE, INC. CAR 13,500CASELLA WASTE SYSTEMS, INC. (CWST) KWQ 22,500CATALYTICA INC. (CTAL) QAN 22,500CATERPILLAR, INC. CAT 75,000CBS CORPORATION CBS 75,000CBT GROUP PLC ADR (SMTF) QAG 75,000****CDNOW/N2K, INC. (CDNW) NWQ 75,000 ****
UNDERLYING STOCK SYMBOL POSITIONCDW COMPUTER CENTERS, INC. (CDWC) DWQ 31,500 * *CELGENE CORP. (CELG) LQH 22,500CELL PATHWAYS, INC. (CLPA) QJC 22,500CELLSTAR CORP. (CLST) EQL 75,000 * * * *CENDANT CORPORATION CD 75,000CENTEX CORPORATION CTX 22,500CENTOCOR INC. (CNTO) CXO * * * * *CENTRAL GARDEN AND PET CO. (CENT) EQH 31,500 * *CENTURY COMMUNICATIONS CORPORATION (CTYA) CWA * * * * *CEPHALON INC. (CEPH) CQE 31,500CERIDIAN CORP. CEN 60,000CERNER CORP. (CERN) CQN 31,500 * *CHAMPION INTERNATIONAL CORP. CHA 31,500CHARLES SCHWAB CORPORATION (THE) SCH * * * * *CHASE MANHATTAN CORPORTATION (THE) CMB 75,000CHEAP TICKETS, INC. (CTIX) UEY 31,500CHECKFREE HOLDINGS CORPORATION (CKFR) FCQ 75,000CHECK POINT SOFTWARE TECHNOLOGIES LTD. (CHKP) KEQ 75,000 * * *CHEVRON CORPORATION CHV 75,000CHINA.COM CORPORATION (CHINA) UIH 75,000CHINA TELECOM HK LTD., ADR CHL 13,500CHIRON CORP. (CHIR) CIQ 75,000CHRONIMED, INC. (CHMD) HQC 13,500CHRYSLER CORP. LZY * * * * *CHS ELECTRONICS, INC. HS 75,000 * * * *CHUBB CORPORATION CB 75,000 * * * *CIDCO, INC. (CDCO) CDU 22,500CIENA CORPORATION, INC. (CIEN) EUQ 75,000CIGNA CORP. CI 75,000CINAR CORPORATION (CINR) CUF 22,500CIRCUIT CITY STORES, INC. CC 75,000CIRRUS LOGIC, INC. (CRUS) CUQ 75,000 * * * *CISCO SYSTEMS, INC. (CSCO) CYQ * * * * *C.I.T. GROUP (THE) CIT * * * * *CITICORP LTY * * * * *CITIGROUP INC. C * * * * *CITRIX SYSTEMS, INC. (CTXS) XSQ 75,000CITY NATIONAL CORP. CYN 22,500CK WITCO CORPORATION CNW * * * * *CKE RESTAURANTS, INC. CKR 60,000 * * *CLAIRES STORES INC. CLE 31,500CLARIFY, INC. (CLFY) QCY 31,500CLARUS CORPORATION (CLRS) RUR 31,500CLAYTON HOMES CMH 31,500CLEAR CHANNEL COMMUNICATIONS, INC. CCU 75,000CLOROX COMPANY (THE) CLX 75,000CMGI, INC. (CMGI) QGC * * * * *CMS ENERGY CORPORATION CMS 31,500CNET, INC. (CNET) QKW 75,000CNF TRANSPORATION INC. CNF 31,500 * *COASTAL CORP. CGP 31,500COCA-COLA CO. KO 75,000COCA-COLA ENTERPRISES, INC. CCE 75,000COCA-COLA FEMSA S.A. KOF 22,500COEUR D’ALENE MINES CORPORATION CDE 22,500COINSTAR, INC. (CSTR) QLR 31,500COLGATE PALMOLIVE CO. CL * * * * *COLORADO MEDTECH, INC. (CMED) QCW 22,500COLT TELECOM GROUP, PLC ADR (COLT) CQF 13,500COLUMBIA HCA/HEALTHCARE CORPORATION COL * * * * *COLUMBIA LABORATORIES, INC. COB 22,500 *COM21, INC. (CMTO) CQH 60,000COMAIR HOLDINGS INC. (COMR) KHQ 60,000COMCAST CORPORATION(SPECIAL CLASS A) (CMCSK) CQK * * * * *COMMERCE ONE, INC. (CMRC) RUC 75,000COMPANIA ANONIMA NACIONAL TELEFONOS DE VENEZUELA VNT 31,500 * *COMPANIA DE TELECOMUICACIONES CTC 31,500 DE CHILE S.A.COMPAQ COMPUTER CORPORATION CPQ 75,000COMPLETE BUSINESS SOLUTIONS, INC. (CBSI) CQQ 60,000 * * *COMPUSA INC. CPU 75,000COMPUSERVE CORP. (CSRV) SVW 31,500COMPUTER ASSOCIATES INTERNATIONAL INC. CA 75,000COMPUTER HORIZONS CORP. (CHRZ) ZQH 60,000 * * *COMPUTER LEARNING CENTERS, INC. (CLCX) QXT 75,000 * * * ♠COMPUTER NETWORK TECHNOLOGY CORPORATION (CMNT) QDO 60,000COMPUTER SCIENCES CORP. CSC 75,000COMPUWARE, COPORATION (CPWR) CWQ * * * * *COMS AT CORPORATION CQ 22,500COMVERSE TECHNOLOGY (CMVT) CQV 75,000
Page 12 January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin
UNDERLYING STOCK SYMBOL POSITIONCONCENTRIC NETWORK CORPORATION (CNCX) QXF 75,000CONCORD COMMUNICATION, INC. (CCRD) UCD 31,500CONCUR TECHNOLOGIES, INC. (CNQR) COQ 75,000CONCURRENT COMPUTER CORPORATION (CCUR) URC 75,000CONEXANT SYSTEMS, INC. (CNXT) QXN * * * * *CONOCO, INC. CLASS-A (COC.A) COC 75,000CONOCO CLASS-B (COC.B) CKO 75,000CONSECO, INC. CNC 75,000CONSOL ENERGY, INC. CNX 22,500CONSOLIDATED FREIGHTWAYS CORP. (CFWY) XQF 22,500 *CONTINENTAL AIRLINES, INC. CAL 60,000 * * *CONVERGENT COMMUNICATIONS, INC. (CONV) UVC 31,500CONVERGYS CORPORATION CVG 31,500COPPER MOUNTAIN NETWORKS (CMTN) KUA * * * * *COREL CORPORATION (CORL) ORU 75,000CORNING INCORPORATED GLW 75,000CORUS GROUP PLC ADS CGA 31,500COULTER PHARMACEUTICAL, INC. (CLTR) QCE 31,500COVAD COMMUNICATIONS GROUP, INC. (COVD) COU 75,000COVANCE INC. CVD 31,500COVENTRY HEALTHCARE, INC, (CVTY) OVQ 22,500COX COMMUNICATIONS COX 75,000COYOTE NETWORK SYSTEMS, INC. (CYOE) QTO 22,500CREATIVE TECHNOLOGY (CREAF) RFQ 31,500 * *CREE., INC. (CREE) CQR 60,000CRITICAL PATH, INC. (CPTH) UPA 60,000CROWN CASTLE INTERNATIONAL COPRORATION (TWRS) QYW 60,000CSG SYSTEMS INTERNATIONAL, INC. (CSGS) QGA 60,000CTC COMMUNICATIONS GROUP, INC. (CPTL) CUU 22,500CUMMINS ENGINE COMPANY INC. CUM 22,500CURATIVE HEALTH SERVICES, INC. (CURE) NQH 31,500CV THERAPUTICS, INC. (CVTX) UXC 22,500CYBERCASH, INC, (CYCH) KBQ 75,000 * * *CYBERIAN OUTPOST, INC. (COOL) QOO 75,000 * * * *CYBEX COMPUTER PRODUCTS CORPORATION (CBXC) QVX 13,500CYBERONICS, INC. (CYBX) QAJ 22,500CYBERSOURCE, INC. (CYBS) CAQ 31,500CYMER INC. (CYMI) CQG 31,500CYPRESS SEMICONDUCTOR CORP. CY 75,000CYPRUS AMAX MINERALS COMPANY CYU * * * * *CYTYC CORP. (CYTC) YQK 22,500DAIMLER-CHRYSLER AG DCX 75,000DAL-TILE INTERNATIONAL, INC. DTL 22,500 *DAMARK INTERNATIONAL, INC. (DMRK) DQN 13,500DANA CORPORATION DCN 60,000 * * *DAOU SYSTEMS, INC. (DAOU) QQX 22,500 *DARDEN RESTAURANTS, INC. DRI 31,500DATA BROADCASTING CORP. (DBCC) BQD 75,000DATA GENERAL CORPORATION DXX * * * * *DAVE & BUSTER’S INC. DAB 22,500DAYTON HUDSON CORPORATION DH 75,000DEL MONTE FOODS COMPANY DLM 22,500 *DELL COMPUTER CORPORATION (DELL) DLQ * * * * *DELPHI AUTOMOTIVE SYSTEMS DPH 75,000DELTA AIR LINES, INC. DAL 75,000DELTA & PINE LAND COMPANY DLP 31,500DENTSPLY INTERNATIONAL INC. (XRAY) XRQ 22,500DESTIA COMMUNICATIONS, INC. (DEST) CFG * * * * *DETROIT DIESEL CORP. DDC 13,500DEUTSCHE TELEKOM AG ADS DT 22,500DEVON ENERGY CORPORATION DVN 22,500DIAMOND MULTIMEDIA SYSTEMS, INC (DIMD) DOY * * * * *DIAMOND OFFSHORE DRILLING, INC. DO 75,000DIAMOND TECH PARTNERS, INC. (DTPI) DUP * * * * *DIGITAL EQUIPMENT CORP. LYY * * * * *DIGITAL ISLAND, INC. (ISLD) SUH 75,000DIGITAL LIGHTWAVE, INC. (DIGL) DGU 31,500DIGITAL RIVER, INC. (DRIV) DQI 75,000 * * *DIME BANCORP DME 31,500DITECH COMMUNICATIONS CORPORATION (DITC) DUI 31,500DLJDIRECT DIR 31,500DOLLAR THRIFTY AUTOMOTIVE GROUP, INC. DTG 13,500DONALDSON LUFKIN & JENRETTE INC. DLJ 60,000 * * *DOUBLECLICK, INC. (DCLK) QWE * * * * *DOW CHEMICAL CO. DOW 60,000DRKOOP.COM, INC. (KOOP) DKU 75,000DRUG EMPORIUM INC. (DEMP) DUG 22,500DSP GROUP, INC. (DSPG) DPQ 22,500DURA PHARMACEUTICALS, INC. (DURA) DQR 31,500DURAMED PHARMACEUTICALS, INC. (DRMD) DUQ 31,500 * *E4L, INC. ETV 31,500 * *
UNDERLYING STOCK SYMBOL POSITIONE.I. DUPONT DE NEMOURS & CO. DD 75,000EARTHLINK NETWORK, INC. (ELNK) QKL 75,000EARTHSHELL CORPORATION (ERTH) QER 31,500EASTMAN CHEMICAL COMPANY EMN 22,500EASTMAN KODAK CO. EK 75,000EATON CORP. ETN 31,500EBAY, INC. (EBAY) QXB 75,000ECHELON CORPORATION (ELON) EUL 31,500ECHOSTAR COMMUNICATIONS CORP. (DISH) QHS * * * * *ECI TELECOM LTD. (ECIL) ECQ 60,000ECOLAB INC. ECL 31,500ECLIPSYS CORPORATION (ECLP) IQV 31,500EFAX.COM (EFAX) FUW 75,000 * * *EGGHEAD.COM, INC. (EGGS) QOL 75,0008X8, INC. (EGHT) EDQ 31,500ELAN CORPORATION, PLC ADR ELN 75,000ELECTRIC LIGHTWAVE, INC. CI A (ELIX) XQQ 22,500 *ELECTROGLAS, INC. (EGLS) EIQ 22,500ELECTRONIC ARTS (ERTS) EZQ 75,000ELECTRONIC DATA SYSTEMS EDS 75,000ELECTRO SCIENTIFIC INDUSTRIES, INC. (ESIO) EQO 13,500ELECTRONICS FOR IMAGING, INC. (EFII) EFQ 75,000ELF AQUITAINE ADS ELF 31,500 * *ELI LILLY AND COMPANY LLY 75,000EMC CORP. EMC * * * * *EMISPHERE TECHNOLOGIES, INC. (EMIS) MTQ 13,500EMPRESAS ICA SOCIEDAD CONTROLADORA S.A. DE C.V. ICA 22,500EMULEX CORPORATION (EMLX) UML 75,000ENDOSONICS CORP. (ESON) QEN 22,500 *ENERGY GROUP PLC ADS TEG 22,500ENGLEHARD CORP. EC 31,500ENRON CORP. ENE * * * * *ENSCO INTERNATIONAL, INC. ESV 75,000ENTERGY CORPORATION ETR 60,000ENTREMED, INC. (ENMD) QMA 31,500 *ENTRUST TECHNOLOGIES, INC. (ENTU) QYE 75,000ENZO BIOCHEM, INC. ENZ 22,500ENZON, INC. (ENZN) QYZ 31,500EOG RESOURCES, INC. EOG 75,000EPICOR SOFTWARE CORPORATION (EPIC) PQS 31,500EPITOPE, INC. (EPTO) QTP 13,500EQUANT N.V. ENT 22,500ERICSSON (L.M.) TELEPHONE CO. (ERICY) RQC 75,000ESC MEDICAL SYSTEMS LIMITED (ESCM) QFC 22,500ESS TECHNOLOGY, INC. (ESST) SEQ 60,000 * * *ESTEE LAUDER COMPANIES INC. EL 60,000E-TEK DYNAMICS, INC. (ETEK) EVU 75,000ETOYS INC. (ETYS) ETU 75,000E*TRADE GROUP, INC. (EGRP) QGR 75,000EXCALIBUR TECHNOLOGIES CORP. (EXCA) XQA 13,500EXCEL SWITCHING CORPORATION (XLSW) CEK * * * * *EXCEL TECHNOLOGY, INC. (XLTC) XNQ 13,500EXODUS COMMUNICATIONS INC. (EXDS) QED * * * * *EXTENDED STAY AMERICA, INC. ESA 22,500EXXON MOBIL CORPORATIION XOM * * * * *EXTREME NETWORKS, INC. (EXTR) EUT 75,000EZENIA! INC. (EZEN) UFQ 22,500F5 NETWORKS, INC. (FFIV) FQL 31,500FAIRCHILD SEMICONDUCTORS INTERNAT’L, INC. FCS 31,500FAMILY GOLF CENTERS (FGCI) JZQ 60,000FANNIE MAE FNM 75,000FDX CORPORATION FDX * * * * *FEDERATED DEPARTMENT STORES, INC. FD 75,000FIDELITY NATIONAL FINANCIAL, INC. FNF 22,500 *FILA HOLDING SPA ADR FLH 13,500FILENET CORP. (FILE) ILQ 31,500FINISH LINE, INC. (FINL) FQN 31,500 * *FIRST AMERICAN CORP. FAC * * * * *FIRST DATA CORPORATION FDC 75,000FIRST HEALTH GROUP CORPORATION (FHCC) HLQ 60,000 * * * ♠FIRST SECURITY CORPORATION (FSCO) FQB 75,000FIRST SENTINEL BANCORP., INC. (FSLA) SQB 22,500FIRST SIERRA FINANCIAL, INC. (BTOM) TUM 22,500FIRST UNION CORPORATION FTU 75,000FIRST UNION REAL ESTATE INVESTMENTS FUR 13,500FIRSTAR CORP. FSR 75,000FLEETBOSTON FINANCIAL CORPORATION FBF * * * * *FLOWSERVE CORPORATION FLS 13,500FLUOR CORP. FLR 31,500 * *FORD MOTOR CO. F 75,000FOREST LABORATORIES, INC. FRX 31,500
January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin Page 13
UNDERLYING STOCK SYMBOL POSITIONFOREST OIL CORP. FST 22,500FORT JAMES CORPORATION FJ 75,000FORTE SOFTWARE, INC. (FRTE) PFU * * * * *FOUNDATION HEALTH SYSTEMS, INC. FHS 31,5004KIDS ENTERTAINMENT, INC. (KIDE) IUK 31,500FOX ENTERTAINMENT GROUP, INC. FOX 75,000FREDDIE MAC FRE 75,000FREEPORT-MC MORAN COPPER & GOLD INC. FCX 31,000FRENCH FRAGRANCES, INC. (FRAG) GQG 22,500 *FRIEDE GOLDMAN HALTER, INC. FGH 31,500 * *FRONTIER AIRLINES, INC. (FRNT) FUO 22,500FRONTIER CORPORATION FRV * * * * *FRUIT OF THE LOOM, LTD. CLASS A FTL 75,000FSI INTERNATIONAL (FSII) FQH 22,500FUISZ TECHNOLOGIES LTD. (FUSE) BFW * * * * *FUNDTECH LTD. (FNDT) FNU 22,500FURNITURE BRANDS INTERNATIONAL, INC. FBN 22,500FVC.COM, INC. (FVCX) FXQ 31,500GADZOOKS, INC. (GADZ) EQK 31,500 * * ♠GAP INC. GPS * * * * *GALILEO INTERNATIONAL, INC. GLC 22,500GALILEO TECHNOLOGY LTD. (GALT) QFG * * * * *GARTNER GROUP IT 31,500GARTNER GROUP INC.-CLASS B (IT.B) UIT 22,500GATEWAY, INC. GTW * * * * *GAYLORD CONTAINER CORP. GCR 22,500 *GAYLORD ENTERTAINMENT COMPANY GET 13,500GEMSTAR INTERNATIONAL GROUP LTD. (GMST) QLF * * * * *GENENTECH, INC. DNA 75,000GENERAL CABLE CORP. BGN 22,500GENERAL CIGAR HOLDINGS, INC. MPP 13,500GENERAL DYNAMICS CO. GD * * * * *GENERAL ELECTRIC CO. GE 75,000GENERAL INSTRUMENT CORPORATION GUX * * * * *GENERAL MAGIC, INC. (GMGC) GGQ 75,000GENERAL MOTORS CORP. GM * * * * *GENERAL MOTORS CORP. CLASS H GMH 60,000GENESIS MICHROCHIP, INC. (GNSS) QFE 75,000GENESYS TELECOMMUNICATIONS LABORATORIES, INC. (GCTI) QHF 31,500GENZYME CORPORATION (GENZ) GZQ 75,000GEORGIA-PACIFIC GROUP GP * * * * *GERALD STEVENS, INC. (GIFT) GFU 22,500GERON CORPORATION (GERN) GQD 60,000 * *GETTY IMAGES, INC. (GETY) QGT 31,500GILAT SATELLITE NETWORKS LTD. (GILTF) FQI 22,500GILEAD SCIENCES, INC. (GILD) GDQ 75,000GILLETTE COMPANY (THE) G 75,000GLAXO WELLCOME PLC ADR GLX 75,000****♠GLIATECH, INC. (GLIA) QGL 22,500GLOBAL CROSSING LIMITED (GBLX) QGV * * * * *GLOBAL IMAGING SYSTEMS, INC. (GISX) GQC 13,500GLOBAL MARINE, INC. GLM 75,000GLOBALSTAR TELECOMMUNICATIONS LTD. (GSTRF) YVQ 75,000GLOBAL TELESYSTEMS GROUP, INC. GTS 75,000GOLDEN STATE BANCORP, INC. GSB 31,500GOLDMAN SACHS GROUP, INC. GS 75,000GO.COM, INC. G0 * * * * *GO2NET, INC. (GNET) GQI 75,000GOTO.COM (GOTO) GUO 75,000 * * * *GREAT LAKES CHEMICAL CORPORATION GLK 22,500GREENPOINT FINANCIAL CORP. GPT 31,500GRUPO TELEVISA, S.A. TV 60,000 * * *GST TELECOMMUNICATIONS, INC. (GSTX) QGS 75,000GT INTERACTIVE SOFTWARE CORP. (GTIS) GQB 31,500GTE CORPORATION GTE 75,000GTECH HOLDINGS CORPORATION GTK 22,500 *GUCCI GROUP, INC. GUC 31,500 * *GUIDANT CORPORATION GDT * * * * *GUILFORD PHARMACEUTICALS, INC. (GLFD) GQF 13,500GUITAR CENTER, INC. (GTRC) GUR 31,500 * *GULF ISLAND FABRICATION, INC. (GIFI) QIF 13,500GYMBOREE CORPORATION (THE) (GYMB) GMQ 22,500H.J. HEINZ COMPANY HNZ 75,000HADCO CORPORATION HDC 22,500 *HAIN FOOD, INC. (HAIN) QQH 22,500HALLIBURTON CO. HAL 75,000HAMBRECHT & QUIST GROUP HQ 22,500HANDLEMAN CORPORATION HDL 22,500 *HARMONIC, INC. (HLIT) LOQ 75,000HARRAH’S ENTERTAINMENT, INC. HET 22,500HARRIS CORP. HRS * * * * *
UNDERLYING STOCK SYMBOL POSITIONHARTFORD FINANCIAL SERVICES GROUP, INC. (THE) HIG 60,000HEALTHEON/WEBMD CORPORATION (HLTH) HUT 75,000HEALTH MANAGEMENT ASSOCIATES, INC. HMA 75,000HEALTH SOUTH CORPORATION HRC 75,000HEARME (HEAR) HEU 31,500HEILIG-MEYERS CO. HMY 22,500HELENE CURTIS INDUSTRIES INC. RHC 13,500HELLER FINANCIAL, INC. HF 22,500HELMERICH AND PAYNE INC. HP 22,500HEMISPHERX BIOPHARMA, INC. HEB 31,500 *HENRY SCHEIN, INC. (HSIC) HQE 60,000HERBALIFE INTERNATIONAL, INC. CL B (HERBB) QTB 13,500HEWLETT-PACKARD CO. HWP 75,000HI/FN, INC. (HIFN) HXQ 60,000HIBERNIA CORP. HIB 60,000 * * *HIGH SPEED ACCESS CORPORATION (HSAC) HSU 75,000HILTON HOTELS CORPORATION HLT * * * * *HISPANIC BROADCASTING CORPORATION CLASS A (HBCCA) QBH 22,500HITACHI, LTD. HIT 13,500HOECHST AG HOE * * * * *HOLLINGER INTERNATIONAL, INC. HLR 31,500 * *HOLLIS-EDEN PHARMACEUTICALS, INC. (HEPH) HUP 13,500HOLLYWOOD ENTERTAINMENT CORP. (HLYW) HWQ 60,000 * * *HOLLYWOOD PARK INC. HPK 13,500HOME DEPOT, INC. (THE) HD * * * * *HOMEBASE, INC. HBI 22,500HOMESTAKE MINING CO. HM 75,000HOMESTORE.COM, INC. (HOMS) HMU 31,500HONEYWELL, INC. HON 75,000HOSPITALITY PROPERTIES TRUST HPT 22,500HRPT PROPERTIES TRUST HRP * * * * *HSBC HOLDINGS, PLC HBC 13,500HUDSON UNITED BANCORP. HU * * * * *HUMANA, INC. HUM 75,000HUMMINGBIRD COMMUNICATIONS LTD. (HUMC) UQH 13,500HUNTINGTON BANCSHARES INC. (HBAN) HQB * * * * *HUTCHINSON TECHNOLOGY, INC. (HTCH) UTQ 75,000 * * *HYPERFEED TECHNOLOGIES, INC. (HYPR) PQT 75,000 * *HYPERION SOLUTIONS CORPORATION (HYSL) WQE 60,000 * * *I-STAT CORP. (STAT) TAQ 13,500ICG COMMUNICATIONS, INC. (ICGX) QIG 75,000 * * * *ICN PHARMACEUTICALS ICN 60,000 * * *ICOS CORP. (ICOS) IIQ 31,500IDEC PHARMACEUTICALS CORPORATION (IDPH) IDQ * * * * *IDEXX LABORATORIES, INC. (IDXX) IQX 31,500IDT CORPORATION (IDTC) IQJ 75,000IKON OFFICE SOLUTIONS, INC. IKN 60,000 * * *ILLINOIS TOOL WORKS, INC. ITW 75,000IMATION CORP. IMN 13,500IMALL INC. (IMAL) IUZ * * * * *IMAGE ENTERTAINMENT, INC. (DISK) DIU 22,500 *IMC GLOBAL, INC. IGL 60,000IMCLONE SYSTEMS, INC. (IMCL) QCI 31,500IMMUNE RESPONSE CORP. (IMNR) IMQ 31,500 * *IMMUNEX CORPORATION (IMNX) IUQ * * * * *IMPATH, INC. (IMPH) QPH 13,500IMPERIAL CHEMICAL INDUSTRIES PLC ADR ICI 22,500 *IMPERIAL CREDIT INDUSTRIES, INC. (ICII) BQJ 31,500IMRGLOBAL CORPORATION (IMRS) QIQ 31,500INDEPENDECE COMMUNITY BANK (ICBC) QYC 31,500 * *INFINITY BROADCASTING CORP. INF 75,000IN FOCUS SYSTEMS, INC. (INFS) IQL 31,500INFOCURE CORPORATION (INCX) UNC 60,000INFORMIX CORP. (IFMX) IFQ 75,000INFOSEEK CORPORATION (SEEK) QIV * * * * *INFOSPACE.COM, INC. (INSP) IOU * * * * *ING GROEP NV ADR ING 13,500INGERSOLL RAND COMPANY IR 60,000INGRAM MICRO, INC. IM 60,000INKTOMI CORPORATION (INKT) QYK * * * * *INNOVEX, INC. (INVX) IVQ 22,500 *INPRISE CORPORATION (INPR) BLQ 75,000INPUT/OUTPUT, INC. IO 31,500 * *INSIGHT COMMUNICATIONS, INC. (ICCI) SCU 60,000INTEGRATED DEVICE TECHNOLOGY, INC. (IDTI) ITQ 75,000INTEGRATED HEALTH SERVICES INC. IHS 75,000INTEGRATED SILICON SOLUTIONS, INC. (ISSI) XUS 31,500INTEL CORPORATION (INTC) INQ * * * * *INTELLIGROUP, INC. (ITIG) ITU 22,500INTL BUSINESS MACHINES CORP. IBM * * * * *INTERDIGITAL COMMUNICATIONS CORP. IDC 75,000
Page 14 January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin
UNDERLYING STOCK SYMBOL POSITIONINTERIM SERVICE INC. IS 22,500INTERLEAF, INC. (LEAF) EEU 31,500INTERLINK, INC. (INIT) IUT 31,500INTERMEDIA COMMUNICATIONS, INC. (ICIX) QIX 75,000INTERNATIONAL FIBERCOM, INC. (IFCI) IQD 31,500INTERNT’L FLAVORS & FRAGRANCES INC. IFF 31,500 * *INTERNATIONAL PAPER CO. IP 75,000INTERNATIONAL RECTIFIER CORP. IRF 22,500INTERNET CAPITAL GROUP, INC. (ICGE) EUG * * * * *INTERNET HOLDRS TRUST (THE) HHH 31,500INTERNET INITIATIVE JAP ADR (IIJI) IUJ 31,500INTERPUBLIC GROUP OF COMPANIES INC. IPG 60,000INTERSTATE BAKERIES CORP. IBC 22,500INTERTAN, INC. ITN * * * * *INTERVOICE-BRITE INC. (INTV) VQN 31,500INTERVU, INC. (ITVU) QYU 60,000 * * *INTIMATE BRANDS, INC. IBI 60,000 * * *INTRANET SOLUTIONS, INC. (INRS) URU 31,500 * *INTUIT CORP. (INTU) IQU * * * * *INVESTMENT TECHNOLOGY GROUP ITG 13,500IOMEGA CORP. IOM 75,000IONA TECHNOLOGIES PLC (IONA) YWQ 22,500IRIDIUM WORLD COMMUNICATION, INC. (IRDQ) QAK 75,000ISIS PHARMACEUTICALS, INC. (ISIP) QIS 31,500ISS GROUP, INC. (ISSX) ISU 75,000 * * * *ITT INDUSTRIES, INC. IIN 31,500IVAX CORP. IVX 31,500IVILLAGE, INC. (IVIL) IIU 60,000IXL ENTERPRISES, INC. (IIXL) UIX 31,500JABIL CIRCUIT, INC. JBL 75,000 * * *JACKPOT ENTERPRISES, INC. J 13,500JACK IN THE BOX, INC. JBX 22,500J.D. EDWARDS & COMPANY (JDEC) QJD 75,000JDA SOFTWARE GROUP, INC. (JDAS) QAH 31,500 * *JDS UNIPHASE CORPORATION (JDSU) UQD * * * * *J. JILL GROUP, INC. (THE) (JILL) DQH 22,500JLG INDUSTRIES, INC. JLG 22,500JOHN MANVILLE CORPORATION JM 13,500JOHNSON & JOHNSON JNJ * * * * *JONES APPAREL GROUP, INC. JNY 75,000 * * * *JONES PHARMA INCORPORATED (JMED) JQM * * * * *J.P. MORGAN & CO., INC. JPM 75,000JUNIPER NETWORKS, INC. (JNPR) JUP * * * * *JUNO ONLINE SERVICES, INC. (JWEB) UQL 75,000JUST FOR FEET, INC. (FEETQ) JQF 60,000 * * *K MART CORP. KM 75,000KANSAS CITY SOUTHERN INDUSTRIES, INC. KSU 60,000 * * *KELLSTROM INDUSTRIES, INC. (KELL) KQC 22,500KELLWOOD COMPANY KWD 13,500KEMET COPORATION KEM 31,500KENT ELECTRONICS CORP. KNT 22,500KERR-MCGEE CORP. KMG 31,500KERAVISION, INC. (KERA) KVQ 60,000KEYSPAN CORPORATION KSE 31,500KEYSTONE FINANCIAL, INC. (KSTN) QPX 13,500KIMBERLY-CLARK CORPORATION KMB 75,000KING PHARMACEUTICALS, INC. (KING) QBK * * * * *KLA -TENCOR CORPORATION (KLAC) KCQ 75,000KLM ROYAL DUTCH AIRLINES ADRS KLM * * * * *KNIGHT/TRIMARK GROUP, INC. (NITE) QTN 75,000KOHL’S CORPORATION KSS 31,500KONINKLIJKE PHILIPS ELECTRONICS N.V. PHG 60,000 * * *KOPIN CORP. (KOPN) KQO * * * * *KPNQUEST N.V. (KQIP) UKB 31,500KROGER COMPANY (THE) KR * * * * *K-SWISS, INC. (KSWS) SWU 31,500KULICKE AND SOFFA INDUSTRIES, INC. (KLIC) KQS 31,500KUSHNER LOCKE CO. (KLOC) KCU 31,500 * *LAM RESEARCH CORPORATION (LRCX) LMQ 75,000LAND’S END, INC. LE 22,500LANDRY’S SEAFOOD RESTAURANTS, INC. LNY 31,500 *LASER VISION CENTERS, INC. (LVCI) QVL 75,000LASERSIGHT INC. (LASE) SUE 22,500LATTICE SEMICONDUCTOR CORP. (LSCC) LQT * * * * *LCA-VISION, INC. (LCAV) URH 60,000LEAP WIRELESS INTERNATIONAL, INC. (LWIN) UIN 31,500LEARNING COMPANY (THE) TZC * * * * *LEGG MASON, INC. LM 22,500LEGATO SYSTEMS, INC. (LGTO) EQN * * * * *LEHMAN BROTHERS HOLDING CORP. LEH 75,000LERNOUT & HAUSPIE SPEECH PRODUCTS (LHSP) XQL * * * * *
UNDERLYING STOCK SYMBOL POSITIONLEVEL ONE COMMUNICATIONS, INC. (LEVL) EVW * * * * *LEVEL THREE COMMUNICATIONS, INC. (LVLT) QHN 75,000LEXMARK INTERNATIONAL GROUP, INC. LXK 75,000LHS GROUP, INC. (LHSG) QLH 22,500LIBERTY DIGITAL, INC. CL. A (LDIG) DUL 31,500LIFEPOINT HOSPITALS INC. (LPNT) PUN 31,500 * *LIMITED, INC. LTD * * * * *LIPOSOME COMPANY INC. (LIPO) LPQ 75,000LITTON INDUSTRIES, INC. LIT 22,500LIZ CLAIBORNE, INC. LIZ 31,500LOCKHEED MARTIN CORPORATION LMT 75,000LOEWS CORPORATION LTR 22,500LONE STAR STEAKHOUSE ANDSALOON, INC. (STAR) LQS 31,500 * *LONG BEACH FINANCIAL CORP. (LBFC) QWZ * * * * *LONGVIEW FIBRE COMPANY LFB 13,500LOOKSMART LTD. (LOOK) UOO 75,000LORAL SPACE & COMMUNICATIONS LTD. LOR 75,000LOWE’S COMPANIES, INC. LOW 75,000LSI LOGIC CORP. LSI 75,000L-3 COMMUNICATIONS, INC. LLL 13,500LTV CORPORATION LTV 31,500LTX CORPORATION (LTXX) UXT 60,000LUCENT TECHNOLOGIES INC. LU * * * * *LYCOS, INC. (LCOS) QWL 75,000LYONDELL CHEMICAL COMPANY LYO 60,000MACHROCHEM CORPORATION (MCHM) QQ 22,500MADGE, N.V. (MADGF) MQE 31,500 * *MAGNA INTERNATIONAL INC. MGA 31,500 * *MAIL.COM, INC. (MAIL) UMA 31,500MALLINCKRODT GROUP INC. MKG 22,500MANPOWER INC. MAN 31,500MANUGISTICS GROUP, INC. (MANU) ZUQ 31,500MARINE DRILLING COMPANIES INC. MRL 75,000 * * * * ♠MARKETING SERVICES GROUP, INC. (MSGI) UMS 60,000 * * *MASCOTECH, INC. MSX 22,500 *MATTEL, INC. MAT * * * * *MAXIM INTEGRATED PRODUCTS, INC. (MXIM) XIQ * * * * *MAXTOR CORPORATION (MXTR) MQL 75,000MAY DEPARTMENT STORES MAY * * * * *MAYTAG CORPORATION MYG 75,000MBNA CORPORATION KRB * * * * *MCAFFEE.COM (MCAF) CFU 22,500MCDONALD’S CORP. MCD * * * * *MCKESSONHBOC CORPORATION MCK 75,000MCI COMMUNICATIONS CORP. (MCIC) LYI * * * * *MCI WORLDCOM, INC. (WCOM) LDQ * * * * *MCLEOD USA (MCLD) QMD 75,000MCMORAN EXPLORATION CO. MMR 13,500MEAD CORP. MEA 31,500MEDALLION FINANCIAL CORPORATION (TAXI) TQX 13,500MEDICIS PHARMACEUTICAL CORP. MRX 22,500MEDICONSULT.COM, INC. (MCNS) UCS 31,500MEDIMMUNE, INC. (MEDI) MEQ * * * * *MEDTRONIC INC. MDT * * * * *MELLON FINANCIAL CORPORATION MEL 75,000MERANT PLC ADR (MRNT) QGM 13,500MERCANTILE BANCSHARES CORP. (MRBK) QKM 22,500MERCK & CO. MRK * * * * *MERCURY INTERACTIVE CORP. (MERQ) RQB 60,000 * * *MERITOR AUTOMOTIVE, INC. MRA 22,500MERRILL LYNCH & CO., INC. MER 75,000MESA AIRLINES, INC. (MESA) EAQ 22,500 *MESSAGE MEDIA, INC. (MESG) MUG 31,500METACREATIONS CORPORATION (MCRE) MQZ 22,500METAMOR WORLDWIDE, INC. (MMWW) EQB 60,000METRIS COMPANIES, INC. MXT 31,500METRICOM, INC. (MCOM) MQM 75,000METRO-GOLDWYN-MAYER, INC. MGM 31,500METROMEDIA FIBER NETWORK, INC. (MFNX) QFN * * * * *METROMEDIA INTERNATIONAL GROUP, INC. MMG 31,500 * *METTLER-TOLEDO INTERNATIIONAL, INC. MTD 22,500 *MGC COMMUNICATIONS, INC. (MGCX) MGU 31,500MGI PHARMA, INC. (MOGN) QOG 13,500MGM GRAND, INC. MGG 22,500MICREL, INC. (MCRL) MIQ * * * * *MICROSOFT CORPORATION (MSFT) MSQ * * * * *MICROAGE INC. (MICA) MQI 31,500MICROCHIP TECHNOLOGY INC. (MCHP) QMT 60,000MICROMUSE, INC. (MUSE) QUM 22,500MICRON ELECTRONICS, INC. (MUEI) MQU 75,000
January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin Page 15
UNDERLYING STOCK SYMBOL POSITIONMICRON TECHNOLOGY INC. MU 75,000MICROTOUCH SYSTEMS, INC. (MTSI) TQM 13,500MIDWAY GAMES, INC. MWY 22,500MILLENNIUM CHEMICALS INC. MCH 22,500MILLER HERMAN, INC. (MLHR) MHQ 60,000 * * *MILLICOM INT’L. CELLULAR S.A. (MICC) MQS 22,500MINDSPRING ENTERPRISES, INC (MSPG) MQD 75,000MINNESOTA MINING &MANUFACTURING CO. MMM 75,000MIPS TECHNOLOGIES, INC. (MIPS) MUP 31,500MIRAGE RESORTS, INCORPORATED MIR 75,000MMC NETWORKS, INC. (MMCN) CMQ 75,000MOBIL CORP. MYB * * * * *MODIS PROFESSIONAL SERVICES, INC.. MPS 60,000 * * *MOLEX, INC. (MOLX) OXQ 31,500MONSANTO CO. MTC 75,000MORGAN STANLEY DEAN WITTER & CO. MWD 75,000MORTGAGE.COM, INC. (MDCM) DUM 60,000MOTOROLA, INC. MOT * * * * *MP3.COM, INC. (MPPP) PUM 75,000MRV COMMUNICATIONS, INC. (MRVC) VQX 75,000MSC INDUSTRIAL DIRECT CO., INC. MSM 22,500MTI TECHNOLOGY CORPORATION (MTIC) QTX 75,000MUSICLAND STORES CORP. MLG 31,500 *MUSICMAKER.COM, INC. (HITS) UTS 60,000NABISCO GROUP HOLDINGS NGH * * * * *NABISCO HOLDINGS CORP. NA 31,500NABORS INDUSTRIES INC. NBR * * * * *NATIONAL COMMERCE BANCORPORATION (NCBC) QTQ 31,500NATIONAL COMPUTER SYSTEMS, INC. (NLCS) QEZ 22,500NATIONAL DISCOUNT BROKERS, INC. NDB 75,000 * * * *NATIONAL INFORMATION CONSORTIUM (EGOV) EGU 31,500NATIONAL-OILWELL, INC. NOI 31,500 * *NATIONAL RV HOLDINGS, INC. NVH 13,500NATIONAL SEMICONDUCTOR CORP. NSM 75,000NATIONAL STEEL NS 22,500 *NATIONAL TECHTEAM, INC (TEAM) QEA 13,500NAUTICA ENTERPRISES, INC. (NAUT) NQT 31,500 * *NAVARRE CORPORATION (NAVR) QHQ 75,000 * * * *NAVIGANT CONSULTING, INC. NCI 75,000NAVISTAR INTERNATIONAL, INC. NAV 31,500NBC INTERNET, INC. (NBCI) XQM 75,000NCR CORP. NCR 31,500NEFF CORPORATION NFF 22,500 *NEOMAGIC CORPORATION (NMGC) GJQ 60,000 * * *NET PERCEPTIONS, INC. (NETP) PEU 31,500NET2PHONE, INC. (NTOP) UPT 75,000NET.BANK, INC. (NTBK) NQA 75,000NETGRAVITY, INC. (NETG) NYZ * * * * *NETMOVES CORPORATION (NTMV) UFA 31,500 * *NETOPIA, INC (NTPA) NQD 31,500NETSPEAK CORPORATION (NSPK) NNQ 22,500NETWORK ACCESS SOLUTIONS CORPORATION (NASC) UNW 31,500NETWORK ASSOCIATES, INC. (NETA) CQM 75,000NETWORK COMPUTING DEVICES, INC. (NCDI) NQK 13,500NETWORK EVENT THEATER, INC. (NETS) NTU 31,500NETWORK PERIPHERAL, INC. (NPIX) XMQ 31,500NETWORK PLUS CORP. (NPLS) UTN 31,500NETWORK SOLUTIONS, INC. (NSOL) JNQ 75,000NETZERO, INC. (NZRO) NUR 75,000NEWCOURT CREDIT GROUP, INC. NVT * * * * *NEWELL RUBBERMAID INC. NWL 75,000NEW ERA OF NETWORKS, INC. (NEON) QNO 75,000NEWBRIDGE NETWORKS CORPORATION NN 75,000NEWMONT MINING CORPORATION NEM 75,000NEWS CORP. LTD NWS 75,000 * * *NEWSEDGE CORPORATION (NEWZ) QBE 22,500 *NEXT LEVEL COMMUNICATIONS, INC. (NXTV) NUX 22,500NEXTCARD, INC. (NXCD) DQX 31,500NEXTEL COMMUNICATIONS, INC. CL A (NXTL) FQC 75,000NEXTLINK COMMUNICATIONS, INC. (NXLK) QNF 75,000NICE SYSTEMS LTD. ADR (NICE) QIC 13,500NIKE, INC. NKE 75,000NOBLE DRILLING CORPORATION NE 75,000NOKIA CORP. NOK * * * * *NORFOLK SOUTHERN CORP. NSC 75,000NORTEL NETWORKS CORPORATION NT * * * * *NORTH FACE, INC. (THE) (TNFI) QFI 31,500 * *NORTHFIELD LABORATORIES, INC. (NFLD) DHQ 13,500NORTHERN TRUST CORP. (NTRS) NRQ 75,000NORTHLAND CRANBERRIES, INC. (CBRYA) YLQ 22,500 *
UNDERLYING STOCK SYMBOL POSITIONNORTHPOINT COMMUNICATIONS (NPNT) NUP 75,000NORTHROP CORP. NOC 31,500 * *NORTHWEST AIRLINES CORP. (NWAC) NAQ 75,000NOVA CHEMICALS CORPORATION NCX 13,500NOVA CORPORATION GEORGIA NIS 31,500 * *NOVELL, INC. (NOVL) NKQ 75,000NOVELLUS SYSTEMS INC. (NVLS) NLQ * * * * *NOVOSTE CORPORATION (NOVT) QOH 22,500NTL INCORPORATED (NTLI) IQS * * * * *NUCOR CORPORATION NUE 31,500NVIDIA CORPORATION (NVDA) UVA 60,000NYNEX CORP. (NYN) VNY 75,000OAKLEY, INC. OO 22,500OCCIDENTAL PETROLEUM CORP. OXY 75,000OCEAN ENERGY, INC OEI 60,000OCWEN FINANCIAL CORPORATION OCN 22,500 *OFFICE DEPOT, INC. ODP * * * * *OFFICEMAX, INC. OMX 75,000OGDEN CORPORATION OG 31,500OLYMPIC STEEL, INC. (ZEUS) ZQU 13,500OMNIPOINT CORP. (OMPT) QTT 75,000ONEMAINE.COM INC. (ONEM) ONU 31,500ONHEALTH NETWORK COMPANY (ONHN) OUN 31,500 * *OPEN MARKET, INC. (OMKT) OQM 75,000OPEN TEXT CORPORATION (OTEX) QFT 22,500ORACLE SYSTEMS CORPORATION (ORCL) ORQ * * * * *ORBITAL SCIENCES CORP. ORB 31,500ORCKIT COMMUNICATIONS, LTD. (ORCT) QFY 22,500ORGANOGENESIS, INC. ORG 22,500ORTEL CORP. (ORTL) OQE 22,500OSICOM TECHNOLOGIES, INC. (FIBR) QFW 31,500OXIGENE, INC. (OXGN) QYO 13,500OUTBACK STEAKHOUSE, INC. (OSSI) OSQ 75,000OWENS-ILLINOIS, INC. OI 31,500OXFORD HEALTH PLANS, INC. (OXHP) OQX 75,000PACCAR INC. (PCAR) PAQ 31,500PACIFICARE HEALTH SYSTEMS, INC. (PHSY) HYQ 31,500PACIFIC GATEWAY EXCHANGE, INC. (PGEX) QAE 31,500PAINE WEBBER GROUP INC. PWJ 75,000 * * *PAIR GAIN TECHNOLOGIES, INC.(PAIR) PQG 75,000PALL CORPORATION PLL 31,500PAN AMERICAN BEVERAGES, INC. PB 31,500PANAMSAT CORP. (SPOT) OQO 31,500PAPA JOHN’S INTERNATIONAL, INC. (PZZA) ZZQ 31,500PARADYNE NETWORKS, INC (PDYN) UPD 60,000PARAMETRIC TECHNOLOGY CORPORATION (PMTC) PMQ 75,000PARK PLACE ENTERTAINMENT COMPANY PPE 75,000PARKER DRILLNG COMPANY PKD 60,000 * * *PATHOGENESIS CORP. (PGNS) PHQ 31,500 *PAXSON COMMUNICATIONS CORPORATION PAX 22,500PAYLESS SHOESOURCE, INC. PSS 22,500P-COM, INC. (PCMS) PQP 75,000PEAPOD, INC. (PPOD) QPP 31,500PE-CELERA GENOMICS CRA 31,500PEDIATRIX MEDICAL GROUP, INC. PDX 31,500 * *PEERLESS SYSTEMS CORPORATION (PRLS) QLS 31,500 * *PEGASUS COMMUNICATIONS CORPORATION (PGTV) GUQ 22,500 *PEGASUS SYSTEMS, INC. (PEGS) PUG * * * * *PENNZOIL-QUAKER STATE COMPANY PZL 31,500 * *PENTON MEDIA, INC. PME 13,500PEOPLES HERITAGE FINANCIAL GROUP, INC. (PHBK) EQP 31,500PEOPLESOFT INC. (PSFT) PQO * * * * *PEP BOYS MANNY MOE AND JACK PBY 22,500PEPSI BOTTLING GROUP, INC. PBG 75,000PEPSICO INC. PEP 75,000PEROT SYSTEMS CORPORATION PER 31,500 * *PEREGRINE SYSTEMS, INC. (PRGN) GQP 75,000 * * * *PER-SE TECHNOLOGIES, INC. (PSTI) MQA * * * * *PETROLEUM GEO-SERVICE A/S PGO 31,500PFIZER INC. PFE * * * * *PHARMACIA & UPJOHN, INC. PNU 75,000PHELPS DODGE CORPORATION PD * * * * *PHILIP MORRIS COMPANIES INC. MO 75,000PHILIPPINE LONG DISTANCE TELEPHONE PHI 22,500PHILLIPS VAN HUESEN CORP. PVH 13,500PHONE.COM, INC. (PHCM) UMC 75,000PILLOWTEX CORPORATION PTX 22,500PIER 1 IMPORTS INC. PIR 75,000PILOT NETWORK SERVICES, INC. (PILT) PTU 31,500PINNACLE HOLDINGS, INC. (BIGT) IUG 31,500 * *PINNACLE SYSTEMS, INC. (PCLE) PUC 31,500PLACER DOME, INC. PDG 75,000
Page 16 January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin
UNDERLYING STOCK SYMBOL POSITIONPLEXUS CORPORATION (PLXS) QUA 13,500PMC-SIERRA INC. (PMCS) SQL 75,000POGO PRODUCING COMPANY PPP 22,500POHANG IRON & STEEL CO., LTD. PKX 31,500POLAROID CORP. PRD 60,000POLO RALPH LAUREN CORP. RL 22,500POLYCOM, INC. (PLCM) QHD 31,500POOL ENERGY SERVICES, CO. (PESC) UVU * * * * *PORTAL SOFTWARE, INC. (PRSF) PUS * * * * *POTASH CORP. OF SASKATCHEWAN POT 22,500POTLATCH CORPORATION PCH 13,500POWERWAVE TECHNOLOGIES, INC. (PWAV) VFQ 31,500PRECISION CASTPART PCP 13,500PRECISION RESPONSE CORP. (PRRC) MQX 13,500PREMIERE TECHNOLOGIES, INC. (PTEK) TQO 75,000PRESSTEK, INC. (PRST) PQK 22,500PREVIEW TRAVEL, INC. (PTVL) QUT 75,000 * * * *PRI AUTOMATION INC. (PRIA) UXQ 31,500PRICELINE.COM, INC. (PCLN) PUZ 75,000PRIMARK CORPORATION PMK 13,500PRIME MEDICAL SERVICES, INC. (PMSI) QSI 13,500PRIORITY HEALTHCARE CORPORATION (PHCC) UHP 22,500PROCTOR & GAMBLE COMPANY (THE) PG 75,000PRODIGY COMMUNICATIONS CORPORATION (PRGY) PUY 75,000 * * * *PROMUS HOTELS CORPORATION PXH * * * * *PROTECTIVE LIFE CORPORATION PL 22,500PROTEIN DESIGN LABS, INC. (PDLI) PQI 22,500PROVIDENT BANKSHARES CORPORATION (PBKS) QEB 13,500PROVIDENT FINANCIAL GROUP (PFGI) GQV 13,500PROVIDIAN CORP. PVN * * * * *PROVINCE HEALTHCARE COMPANY (PRHC) PUH 22,500 *PROXIM, INC. (PROX) WQG 22,500PROXY MED, INC. (PILL) PQQ 22,500PSINET INC. (PSIX) SQP 75,000PUMA TECHNOLOGY, INC. (PUMA) PUP 31,500QLOGIC CORPORATION (OLGC) QLQ 75,000QLT PHOTOTHERAPEUTICS, INC. (QLTI) QTL 60,000QUADRAMED CORP. (QMDC) QCD 60,000 * *QUALCOMM INC. (QCOM) QAQ * * * * *QUANTUM CORPORATION (QNTM) QNU * * * * *QUANTUM CORPORATION - DLT & STORAGE SYSTEMS GROUP DSS * * * * *QUANTUM CORPORATION - HARD DISK GROUP HDD * * * * *QUEPASA.COM (PASA) AUP 31,500QUICKTURN DESIGN SYSTEMS INC. (QKTN) TYB * * * * *QUIGLEY CORPORATION (QGLY) QGY 13,500QUINTILES TRANSNATIONAL CORP. (QTRN) QRT 75,000QWEST COMMUNICATION INC. Q * * * * *R.J. REYNOLDS TOBACOO COMPANY RJR 75,000 * * *R&B FALCON CORPORATION FLC 75.000RADICA GAMES LTD. (RADA) QDR 13,500RAINFOREST CAFE, INC. (RAIN) QRI 22,500RALSTON-RALSTON PURINA CO. RAL 75,000RAMBUS INC. (RMBS) BNQ 75,000RARE MEDIUM GROUP, INC. (RRRR) RRU 75,000RATIONAL SOFTWARE CORP. (RATL) RAQ 75,000RAYTHEON COMPANY CLASS A (RTN.A) RYA 60,000RAYTHEON CO. (RTN.B) RTN 75,000RAZORFISH, INC. (RAZF) RUF 31,500READERS DIGEST RDA 31,500READ-RITE CORP. (RDRT) RDQ 75,000 * * * *REALNETWORKS INC. (RNWK) QRN 75,000REDBACK NETWORKS, INC. (RBAK) BUK 75,000RELIANT ENERGY INCORPORATED REI 60,000RENAISSANCE WORLDWIDE, INC. (THE) (REGI) QRG 60,000 * * *REMEDY CORPORATION (RMDY) LRQ 31,500REPUBLIC SECURITIES FINANCIAL CORPORATION(RSFC) QRF 22,500REPUBLIC SERVICES, INC. RSG 75,000RESEARCH IN MOTION (RIMM) RUL 75,000RESTORATION HARDWARE, INC. (RSTO) QYH 22,500REVLON, INC. REV 31,500REXALL SUNDOWN, INC. (RXSD) RKQ 75,000 * * *REYNOLDS & REYNOLDS COMPANY REY 22,500REYNOLDS METALS COMPANY RLM 31,500RF MICRO DEVICES, INC. (RFMD) RQZ * * * * *RHYTHMS NETCONNECTIONS, INC. (RTHM) RYU 75,000RITE AID CORPORATION RAD 75,000RMI.NET (RMII) RMU 31,500 * *ROBERTS PHARMACEUTICAL CORP. RPZ * * * * *ROCKWELL INTERNATIONAL CORP. ROK 31,500ROGERS COMMUNICATIONS, INC. RG 31,500ROSLYN BANCORP. INC. (RSLN) OQU 31,500
UNDERLYING STOCK SYMBOL POSITIONROSTELCOM-ADR ROS 22,500ROWAN COMPANIES, INC. RDC 75,000RPM. INC. RPM 22,500RSL COMMUINICATIONS LTD. (RSLC) QRL 75,000RUBY TUESDAY INC. RI 13,500RYAN’S FAMILY STEAK HOUSES, INC. (RYAN) URA 22,500 *S1 CORPORATION (SONE) QFB 60,000 * * *S3 INCORPORATED (SIII) SQI * * * * *SABRE HOLDINGS CORPORATION TSG 22,500SAFECO CORPORATION (SAFC) SAQ 75,000SAFEGUARD SCIENTIFICS INC. SFE 22,500SAFETY-KLEEN CORPORATION SK 31,500SAFEWAY, INC. SWY 75,000SAGA SOFTWARE, INC. AGS 22,500 *SANCHEZ COMPUTER ASSOCIATES (SCAI) SUU 31,500 * *SANMINA CORP. (SANM) SQN 75,000SANTA CRUZ OPERATION, INC. (SCOC) UQS 75,000SANTA FE INTERNATIONAL CORP. SDC 31,500SAP AG ADR SAP 75,000SAPIENS INTERNATIONAL CORP. N.V. (SPNS) QHH 22,500SAPIENT CORPORATION (SAPE) QPE 75,000SARA LEE CORPORATION SLE 75,000SAWTEK INC. (SAWS) QWS * * * * *SBC COMMUNICATIONS, INC. SBC * * * * *SCHERING-PLOUGH CORPORATION SGP 75,000SCHLUMBERGER LTD SLB * * * * *SCHOOL SPECIALTY, INC. (SCHS) HCQ 22,500 *SCI SYSTEMS, INC. SCI 60,000 * * *SCIENTIFIC-ATLANTA, INC. SFA 60,000SEACOR SMIT, INC. CKH 13,500SEAGATE TECHNOLOGY, INC. SEG 75,000SEARS ROEBUCK & CO. S 75,000SEITEL, INC. SEI 22,500SELECT COMFORT CORPORATION (SCSS) AJU 22,500 *SEPRACOR INC. (SEPR) ERQ 60,000 * * *SFX ENTERTAINMENT, INC. SFX 31,500SHANGHAI PETROCHEMICAL CO. LTD. SHI 13,500SHAW INDUSTRIES SHX 31,500SHELL TRANSPORT &TRADING CO., P.L.C. SC 31,500SHERWIN-WILLIAMS CO. SHW 60,000SHIRE PHARMACEUTICALS, INC. (SHPGY) UGH * * * * *SHOP AT HOME, INC. (SATH) SQE 75,000SHOPNOW.COM, INC. (SPNW) NUH 31,500SIEBEL SYSTEMS, INC. (SEBL) SGQ * * * * *SIGMA ALDRICH CP (SIAL) IAQ 31,500SILICON GRAPHICS, INC. SGI 75,000SILICON STORAGE TECHNOLOGY, INC. (SSTI) SSU 60,000SILICON VALLEY GROUP INC. (SVGI) VQQ 22,500SILKNET SOFTWARE, INC. (SILK) ULI 22,500SK TELECOM CO., LTD. ADS SKM 75,000SKYTEL COMMUNICATIONS, INC. (SKYT) MWM * * * * *SKYWEST INC. (SKYW) UWQ 22,500SLM HOLDING CORPORATION SLM 75,000 * * * * ♠SMART MODULAR TECHNOLOGIES, INC. (SMOD) QCM * * * * *SMURFIT-STONE CONTAINER CORPORATION (SSCC) JJQ 75,000SNYDER COMMUNICATIONS, INC. SNC * * * * *SOFTNET SYSTEMS, INC. (SOFN) SUC 31,500SOLA INTERNATIONAL, INC. SOL 22,500 *SOLECTRON CORPORATION SLR * * * * *SOLUTIA, INC. SOI 60,000 * * *SONIC AUTOMOTIVE, INC. SAH 22,500SOUTHERN CO. SO 75,000SOUTHWEST AIRLINES CO. LUV * * * * *SOUTHWEST SECURITIES GROUP, INC. SWS 31,500SPECTRIAN CORPORATION (SPCT) QCS 22,500SPEEDFAM-IPEC, INC. (SFAM) FQF 31,500SPIEGEL, INC. (SPGLA) SQE 31,500SPLASH TECHNOLOGY HOLDINGS, INC. (SPLH) QRX 22,500 *SPORTS (THE) AUTHORITY TSA 31,500SPORTSLINE.COM, INC. (SPLN) QSP 60,000 * * *SPRINT CORPORATION FON * * * * *SPRINT CORPORATION PCS GROUP PCS 75,000SPR, INC. (SPRI) QIR 22,500SPX CORPORATION SPW 22,500 *SPYGLASS, INC. (SPYG) YQG 60,000ST. JUDE MEDICAL INC. STJ 31,500ST. PAUL COMPANIES SPC 75,000 * * * *STAAR SURGICAL COMPANY (STAA) SQT 13,500STAFF LEASING, INC. (STFF) QFF 22,500 *STAMPS.COM, INC. (STMP) UMT 75,000STAPLES, INC. (SPLS) PLQ 75,000
January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin Page 17
UNDERLYING STOCK SYMBOL POSITIONSTAR TELECOMMUNICATIONS, INC. (STRX) TQQ 75,000STARBUCKS CORPORATION (SBUX) SQX 75,000STARMEDIA NETWORKS, INC. (STRM) SUF 60,000STARWOOD HOTELS & RESORTS WORLDWIDE, INC. HOT * * * * *STATEN ISLAND BANCORP, INC. SIB 13,500STATION CASINOS, INC. STN 22,500STEELCASE INC. SCS 13,500STEINER LEISURE LIMITED (STNR) QFR 22,500STERICYCLE, INC. (SRCL) URL 22,500 *STERIS CORP. STE 75,000****♠STERLING COMMERCE, INC. SE 75,000STERLING SOFTWARE, INC. SSW 31,500STMICROELECTRONICS NV STM 75,000STOLT COMEX SEAWAY SA (SCSWF) QSO 31,500 * *STORAGE TECHNOLOGY STK 75,000 * * *STREET.COM, INC. (THE) (TSCM) YTQ 31,500SUMMIT BANCORP SUB 31,500SUMMIT TECHNOLOGY INC. (BEAM) BAQ 75,000SUNGLASS HUT INTERNATIONAL, INC. (RAYS) RQY 75,000 * * *SUN INTERNATIONAL HOTELS LTD. SIH 13,500SUN MICROSYSTEMS, INC. (SUNW) SUQ * * * * *SUNRISE ASSISTED LIVING INC. (SNRZ) QSR 60,000SUNRISE TECHNOLOGIES INTERNATIONAL, INC. (SNRS) RNU 75,000SUNTERRA CORPORATION OWN 22,500 *SUPERGEN, INC. (SUPG) UQG 22,500SWIFT ENERGY CORPORATION SFY 13,500SYNOPSYS, INC. (SNPS) YPQ 75,000SYNOVOUS FINANCIAL CORP. SNV 22,500SYNTHETECH, INC. (NZYM) YZQ 13,500SYSCO CORPORATION SYY 75,000T. ROWE PRICE ASSOCIATES, INC. (TROW) RQW 60,000TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY, LTD. ADR TSM 75,000TAKE-TWO-INTERACTIVE SOFTWARE, INC. (TTWO) TUO 31,500TALK.COM, INC. (TALK) QQK 75,000TANDY CORP. TAN 75,000TCF FINANCIAL CORP. TCB 22,500TD WATERHOUSE GROUP TWE 75,000TECNOMATIX TECHNOLOGIES LIMITED (TCNO) TQY 13,500TECHNOLOGY SOLUTIONS CO. (TSCC) QST 31,500TELECOMUNICAOES BRASILERIAS S.A. -TELEBANC FINANCIAL CORP. (TBFC) TFU 31,500TELEBRAS HOLDRS TBH 75,000TELECOM ARGENTINA STET-FRANCETELECOM S.A. ADR TEO 31,500TELECOM SEMICONDUCTOR, INC. (TLCM) TMU 31,500TELECOM ITALIA SPA ADR TI 22,500 *TELECOMICACOES BRASILEIRAS S.A. -TELEBRAS (“TBR”) LVU 75,000TELEFONICA DE ARGENTINA S.A. TAR 60,000 * * *TELEFONICA DEL PERU S.A. ADR TDP 31,500 * *TELEFONOS DE MEXICO TMX 75,000TELEGLOBE, INC. TGO 31,500 * *TELE NORTE LESTE PARTICIPACOES S.A. ADS TNE 60,000 * * *TELECOMUNICACOES DE SAO PAULO S/A - TELESP TSP 75,000TELESCAN INC. (TSCN) TIP 31,500 * *TELESPECTRUM WORLDWIDE, INC. (TLSP) QBA 22,500TELETECH HOLDINGS, INC. (TTEC) QTC 22,500TELIGENT, INC. CL A (TGNT) TNU 22,500TELLABS, INC. (TLAB) TEQ 75,000TELXON CORP. (TLXN) TNQ 31,500 * *TERA COMPUTER COMPANY (TERA) QIP 22,500TERADYNE, INC. TER 75,000TERAYON COMMUNICATIONS SYSTEMS, INC. (TERN) TUN 31,500TEVA PHARMACEUTICALS INDUSTRIES LTD. (TEVA) TVQ 31,500 * *TEXACO, INC. TX 75,000TEXAS INSTRUMENTS INC. TXN * * * * *THEGLOBE.COM, INC. (TGLO) GLU 75,000****THERAGENICS CORPORATION TGX 31,500 * *COM CORPORATION (COMS) THQ 75,0003DFX INTERACTIVE, INC. (TDFX) FQ 31,5003DO COMPANY (THE) (THDO) TUD 31,500THERMO ELECTRON CORPORATION TMO 75,000****♠THINK NEW IDEAS, INC. (THNK) THZ * * * * *THQ, INC. (THQI) QHI * * * * *TIBCO SOFTWARE INC. (TIBX) TIU 31,500TICKETMASTER ONLINE -CITYSEARCH, INC. (TMCS) QMF 75,000
UNDERLYING STOCK SYMBOL POSITIONTIDEWATER INC. TDW 31,500TIER TECHNOLOGIES, INC. (TIER) QTI 22,500 *TIME WARNER INC. TWX 75,000TIME WARNER TELECOM, INC. (TWTC) TTU 31,500TIMES MIRROR COMPANY TMC 22,500TIMKEN COMPANY TKR 22,500TITAN CORPORATION TTN 31,500TJX COMPANIES, INC. (THE) TJX 75,000TLC THE LASER EYE CENTERS, INC. (TLCV) QKR 31,500TOMMY HILFIGER CORP. TOM 75,000TOO, INC. TOO 22,500TOPPS COMPANY (TOPP) TOQ 75,000TOTAL S.A. ADR TOT 31,500TOTAL RENAL CARE HOLDINGS, INC. TRL 75,000 * * * *TOYOTA MOTOR CORPORATION ADR TM 13,500TOYS ‘R’ US, INC. TOY 75,000TRANS WORLD AIRLINES, INC. TWA 75,000 * * * *TRANS WORLD ENTERTAINMENT (TWMC) TQT 31,500TRANSOCEAN OFFSHORE, INC. RIG 75,000TRAVEL SERVICE INTERNATIONAL, INC. (TRVL) TVU 22,500 *TRIAD HOSPITALS INC. (TRIH) RIU 22,500TRIBUNE COMPANY TRB * * * * *TRICO MARINE (TMAR) MUQ 31,500 * *TRICON GLOBAL RESTAURANTS, INC. YUM 75,000TRIMERIS, INC. (TRMS) RQM 22,500TRIQUINT SEMICONDUCTOR, INC. (TQNT) TQN * * * * *TRITON ENERGY CORPORATION OIL * * * * *TRIZEC HAHN CORPORATION TZH 22,500TRUE NORTH COMMUNICATIONS TNO 22,500TSI INTERNATIONAL SOFTWARE, LTD (TSFW) SUW 31,500TUBOS DE ACERO DE MEXICA SA ADR TAM 22,500TUBOSOPE , INC. TBI 22,500TUPPERWARE CORP. TUP 22,500TUT SYSTEMS, INC. (TUTS) QSS 31,500T.V. AZTECA S.A. DE C.V. ADR TZA 31,500TYCO INTERNATIONAL LTD. TYC * * * * *24/7 MEDIA, INC. (TFSM) BMQ 60,000TWINLAB CORPORATION (TWLB) QBT 31,500 * *UAL CORPORATION UAL 75,000 * * * *UBID, INC. (UBID) UBD 60,000UCAR INTERNATIONAL INC. UCR 22,500UGI CORPORATION UGI 22,500 *UGLY DUCKLING CORP. (UGLY) QRD 13,500UICI UCI 22,500 *ULTRATECH STEPPER, INC. (UTEK) UQT 22,500UNIBANCO UNIAO DE BANCOS BRASILEROS UBB 31,500 * *UNICOM CORPORATION UCM 75,000 * * * *UNION PACIFIC RESOURCES GROUP, INC. UPR 75,000UNIFI, INC. UFI 22,500UNIFY CORPORATION (UNFY) UFU 75,000UNISYS CORPORATION UIS 75,000UNITED HEALTHCARE CORPORATION UNH 75,000UNITED PAN-EUROPE COMMUNICATIONS NV CLASS A (UPCOY) UPO 31,500 * *UNITED STATIONERS, INC. (USTR) QTR 31,500 * *UNITED TECHNOLOGIES INC. UTX * * * * *UNOCAL CORPORATION UCL 75,000USAIR GROUP, INC U 75,000 * * * *U.S. BANCORP. USB 75,000U.S. BIOSCIENCE, INC. BUI * * * * *U.S. FOOD SERVICE UFS * * * * *US OFFICE PRODUCTS COMPANY (OFIS) OFQ 31,500 *US WEST, INC. USW 75,000USA NETWORKS, INC. (USAI) QTH 75,000USEC, INC. USU 31,500USG CORP. USG 22,500USINTERNETWORKING, INC. (USIX) UUX * * * * *UST INC. UST 31,500USWEB CORPORATION (USWB) QWB 75,000VAIL RESORTS, INC. MTN 13,500VALENCE TECHNOLOGY, INC. (VLNC) VHQ 31,500VALUE AMERICA, INC. (VUSA) USA 31,000VALUEVISION INTERNATIONAL, INC. (VVTV) UVR 60,000 * * *VANTIVE CORP. (VNTV) UTE * * * * *VARIAN, INC. (VARI) IUA 31,500VARIAN SEMICONDUCTOR EQUIPMENTASSOCIATES, INC. (VSEA) UES 31,500
Page 18 January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin
UNDERLYING STOCK SYMBOL POSITIONVEECO INSTRUMENTS, INC. (VECO) QVC 31,500 * *VENTANA MEDICAL SYSTEMS (VMSI) QMP 22,500VERIO, INC. (VRIO) RLQ * * * * *VERISIGN, INC. (VRSN) QVR * * * * *VERITAS SOFTWARE CORPORATION (VRTS) VUQ * * * * *VERITY, INC. (VRTY) YQV 75,000VERTICALNET, INC (VERT) UER 75,000V.F. CORPORATION VFC 31,500VIACOM INC. A VIA 22,500VIACOM INC. B (VIAB) VMB * * * * *VIASOFT, INC. (VIAS) QVV 31,500VIATEL, INC. (VYTL) VQL * * * * *VICOR CORP. (VICR) VIQ 22,500VIGNETTE CORPORATION (VIGN) VUO 75,000VIMPEL-COMMUNICATIONS ADR VIP 13,500VIROPHARMA, INC. (VPHM) HPU 31,500VISTANA INC. KMV * * * * *VISUAL DATA CORPORATION (VDAT) UDT 31,500VISX , INCORPORATED (VISX) VSQ 75,000VITESSE SEMICONDUCTOR CORPORATION (VTSS) VQT * * * * *VITRO SOCIEDAD AMOMINA ADR VTO 31,500 * *VLASIC FOODS INTERNATIONAL, INC. VL 22,500 *VODAFONE GROUP PLC VOD * * * * *VOICESTREAM WIRELESS CORPORATION (VSTR) UVT 75,000VOLVO AB-ADR (VOLVY) VQY 31,500 *VOYAGER, INC. (VOYN) UOY 31,500WABASH NATIONAL CORPORATION WNC 13,500WACKENHUT CORRECTIONS CORP. WHC 13,500WALGREEN COMPANY WAG 75,000WAL-MART STORES INC. WMT * * * * *WALT DISNEY COMPANY (THE) DIS 75,000WARNER-LAMBERT COMPANY WLA 75,000WASHINGTON MUTUAL, INC. WM * * * * *WASTE MANAGEMENT INT’L PLC WME 22,500WASTE MANAGEMENT, INC. WMI 75,000WATSON PHARMACEUTICALS INC. WPI 75,000****WAVE SYSTEMS CORPORATION (WAVX) AXU 60,000WEATHERFORD INTERNATIONAL, INC. WFT 75,000 * * * *WELLMAN INC. WLM 22,500 *WELLPOINT HEALTH NETWORKS INC. WLP 31,500WELLS FARGO & COMPANY WFC * * * * *WESTELL TECHNOLOGIES, INC. (WSTL) QLW 31,500
WESTERN DIGITAL CORPORATION WDC 75,000UNDERLYING STOCK SYMBOL POSITIONWESTERN NATIONAL CORP. (WNH) NHW 22,500WET SEAL, INC. (WTSLA) UUQ 22,500WEYERHAEUSER CO. WY 75,000WHIRLPOOL CORP. WHR 31,500WHITE PINE SOFTWARE, INC. (WPNE) PWU 31,500WHITMAN CORPORATION WH 31,500WHITMAN-HART, INC. (WHIT) WMQ 75,000WHX CORPORATION HOLDING CO. WHX 13,500WILD OATS MARKETS, INC. (OATS) QOQ * * * * *WILLAMETTE INDUSTRIES INC. WLL 22,500WILLIAMS COMMUNICATIONS GROUP, INC. WCG 75,000WILLIAMS COMPANIES WMB 75,000WILLIAM-SONOMA, INC. WSM 31,500WINN-DIXIE STORES INC. WIN 22,500WINNEBAGO INDUSTRIES, INC. WGO 13,500WINSTAR COMUNICATION, INC. (WCII) WQS 75,000WISCONSIN CENTRAL TRANSPORATION CORPORATION (WCLX) WQC 22,500WIT CAPITAL GROUP, INC. (WITC) IUC 75,000WITCO CORPORATION YIT * * * * *WORLD ACCESS CORP. (WAXS) WXQ 75,000 * * *WORLD COLOR PRESS, INC. (WRC) RZL 22,500WORLDGATE COMMUNICATIONS, INC. (WGAT) WAQ 31,500WORKFLOW MANAGEMENT, INC. (WORK) WUK 22,500XCEED, INC. (XCED) XCU 22,500XEROX CORP. XRX * * * * *XICOR, INC. (XICO) CIU 60,000XILINX INC. (XLNX) XLQ * * * * *XIRCOM INC. (XIRC) XQR 31,500XOMED SURGICAL PRODUCTS (XOMD) QKY * * * * *XPEDIOR CORPORATION (XPDR) UPP 22,500YAHOO! INC. (YHOO) YHQ * * * * *YORK INTERNATIONAL CORPORATION YRK 22,500YOUBET.COM, INC. (UBET) BUB 22,500ZANY BRAINY, INC. (ZANY) UZB 31,500ZAPATA CORPORATION ZAP 75,000 *ZEBRA TECHNOLOGIES CORP. (ZBRA) ZBQ 22,500ZIFF-DAVIS, INC. ZD 75,000 * *ZIFF DAVIS, INC. - ZDNET ZDZ 31,500 * *ZIXIT CORPORATION (ZIXI) HQU 75,000 * * * *ZOLTEK COMPANIES, INC. (ZOLT) QOT 13,500ZONAGEN, INC. (ZONA) NQZ 22,500ZORAN CORPORATION (ZRAN) ZUO 31,500ZYGO CORPORATION (ZIGO) UZY 13,500
*LIMITS FOR THESE CLASSES WILL BE DECREASED TO 13,500CONTRACTS EFFECTIVE THE DATES AS NOTED BELOW:
♣The effective date for the decrease in the limit will be determined after the January 2000 expiration.♠The spade symbol indicates that the equity option class will be further deceased to a lower tier limit and the scheduled date ofthe decrease.
*****PLEASE NOTE: REFER TO THE EXCHANGE BULLETIN AND THE FOLLOWING LIST FOR THE NON-STANDARDPOSITION AND EXERCISE LIMITS.
Page 20 January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin
*****S P E C I A L P O S I T I O N A N D E X E R C I S E L I M I T S
CLASS STOCK SPLIT/ EX-DATE ADJUSTED POSITION DATE THE LIMIT EXPIRES ANDDISTRIBUTION LIMIT LIMIT THEREAFTER
DATE LIMITADU/CWA Merger 11/30/99 75,000 Contracts 5/20/00 75,000 Contracts of ADUAEQ/ZAE/WAE 2-for-1 10/27/99 150,000 Contracts 1/19/02 75,000 Contracts of AEQAHQ/AHU/WAH/WHO/ Merger (Previous AHQ’s 10/28/99 181,500 Contracts 2/19/00 172,500 Contracts of AHQ/ ZHA/ZHO/IUZ 2-for-1 and Previous Merger) AHU/ZHA/ZHO/WAH/WHO
5/20/00 150,000 Contracts of AHQ/AHU/WAH/WHO/ZHA/ZHO
1/19/02 75,000 Contracts of AHQAIG/LVJ/LZJ/WAP/ZAF/ 5-for-4 8/2/99 9,375,000 Shares 1/19/02 75,000 Contracts of AIG ZFA/AYG/WAJ/ZPWAMQ/ZAM/WAM 2-for-1 11/22/99 300,000 Contracts 1/20/01 150,000 Contracts of AMQ/
January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin Page 25
BROAD-BASED AND FLEX INDEX OPTIONS
Broad-Based Index Type Option Symbol Overall Standard Near-Term StandardContract Limit Contract Limit
S & P 100® OEX/OEW/OEY/OEZ/ NO LIMIT♥ NO LIMIT♥CPO/OAX#/OBX#/OCX#/OLX#
S & P 500® SPX(AM)/SPB(AM)/SPQ(AM)/SPT(AM)/ NO LIMIT♥ NO LIMIT♥SPZ(AM)/SXB(AM)/SPL(AM)/SXG(AM)/SXZ(AM)/SZP(AM)/SXY(AM)/ SXM(AM)/SPV(AM)/SYU(AM)/SYV(AM)/ SYZ(AM)/LSW##(AM)/LSZ##(AM)/ LSY##(AM SET@@)
FLEX All broad-based index option classes except DJX, 200,000@OEX, and SPX
Broad-Based Index Type Option Symbol Overall Standard Near-Term StandardContract Limit Contract Limit
S & P 500/Barra Growth and Value SGX/SVX(SGS@@/SVS@@) 36,000 21,500
GSTITM Composite GTC(GTZ @@) 100,000 60,000
DJIA DJX/DJV/DJW/KDX/LDJ/LDK/ZDJ/ZDK/ZDX NO LIMIT♥ NO LIMIT♥
Dow Jones Equity REIT DJR(DSR@@) 250,000
Morgan Stanley Multinational NFT/NFU(NMS@@) 50,000 30,000Company
NYSE Composite NYA/NYO/NYU(NYX@@) 45,000 25,000
♥Certain Reporting Requirements Apply; Refer to Rule 24.4 and Regulatory Circular RG99-29
NARROW-BASED INDEX OPTIONS
Narrowed-Based Index Type Option Symbol Standard Contract Limit Automotive AUX(AXS@@) 12,000 Computer Software CWX/CWU(CWS@@) 12,000 DJUA DUX/LDU ## 15,000 DJTA DTX/LDN ##/ZDN## 15,000 Dow Jones Internet Commerce ECM/LJ ##/ZJ ##(ECS@@) 15,000 Dow 10 MUT/MUW/KTA/LTU/ZEW/ZTU(MWS@@) 12,000 Gaming GAX(GXS@@) 12,000 Gold GOX (GDS@@) 15,000 GSTI Hardware GHA/GHZ@@) 12,000 GSTI Internet GIN/GIO/GIR(GGZ@@) 12,000 GSTI Multimedia Networking GIP (GPZ@@) 12,000 GSTI Semiconductor GSM (GMZ@@) 12,000 GSTI Services GSV(GVZ@@) 12,000 GSTI Software GSO(GSZ@@) 12,000 Internet INX/INA/INO/LZI ##(ITS@@) 15,000 Latin 15 LTX (SLX@@) 15,000 Mexico MEX/LEX##(MEO@@) 12,000 OIL OIX(OXS@@) 15,000## S & P® Bank BIX(BBS@@) 15,000 S & P Chemical CEX (CXS@@) 9,000 S & P Health Care HCX/HCZ/LXH##(HCS@@) 12,000 S & P Insurance IUX(IUS@@) 9,000 S & P Retail RLX/RLW(RRS@@) 12,000# S & P Transportation TRX (TRS@@) 12,000 Technology TXX/TWZ/TXD/TXW/TXZ/ZOC##(TTS@@) 15,000
# 5 LEAPS® contracts = 1 option contract##10 LEAPS® contracts = 1 option contract@The aggregate position limit on the same side of the market in FLEX Index Options on the NASDAQ-100®, the Russell 2000 Index, or the Nikkei300 Index@@Exercise Settlement Value
Page 26 January 21, 2000 Volume 28, Number 3 Chicago Board Options Exchange Bulletin
RESEARCH CIRCULARS
The following Research Circulars were distributed between January 7 and 14, 2000. If you wish to read the entire document, please refer tothe CBOE Web Site at www.cboe.com/tools/splt&mrg.htm For questions regarding information discussed in a Research Circular or toreceive a hard copy, please call the CBOE Investor Services Department at 1-800-OPTIONS.
CBOE Research Circular #RS00-14January 7, 2000Telesp Participacoes S.A. (“TSP”) Name Change to:Telecomunicacoes de Sao Paulo S/A - TelespEffective Date: January 10, 2000
CBOE Research Circular #RS00-15January 10, 2000Select Comfort Corporation (“AIRB/AJU”)Underlying Symbol Change to “SCSS”Effective Date: January 10, 2000
CBOE Research Circular #RS00-16January 10, 2000Novellus Systems, Inc. (“NVLS/NLQ”) 3-for-1 Stock SplitEx-Distribution Date: January 18, 2000
CBOE Research Circular #RS00-17January 10, 2000KLA-Tencor Corporation (“KLAC/KCQ/ZXG/WXG”) 2-for-1 Stock SplitEx-Distribution Date: January 19, 2000
CBOE Research Circular #RS00-18January 10, 2000Juniper Networks, Inc. (“JUPR/JUP/JUX”) 3-for-1 Stock SplitEx-Distribution Date: January 18, 2000
CBOE Research Circular #RS00-19January 11, 2000New LEAPS® Listings: Priceline.com, Inc. (PCLN/PUZ) XRV/YCYListing Date: January 12, 2000
CBOE Research Circular #RS00-020January 11, 2000Viasoft, Inc. (“VIAS/QVV”): Tender Offer FURTHER EXTENDEDby CV Acquisition, Inc.
CBOE Research Circular #RS00-21January 12, 2000Comair Holdings, Inc. (“COMR/KHQ”): Merger Completed —Cash Settlement
Research Circular #RS00-022January 13, 2000Oracle Corporation (“ORCL/ORQ/ORY/ZOR/ZQR/WOQ/WOK & adj. LRZ/ORV/ZWM”) 2-for-1 Stock SplitEx-Distribution Date: January 19, 2000
CBOE Research Circular #RS00-23January 12, 2000****UPDATE****UPDATE****UPDATE****Novellus Systems, Inc. (“NVLS/NLQ/NLZ”) 3-for-1 Stock SplitEx-Distribution Date: January 18, 2000
#LIMITS FOR THE FOLLOWING NARROW-BASED INDEX OPTIONS WILL BE DECREASED TO 9,000 CONTRACTS EFFECTIVE THEDATES AS NOTED BELOW:
CLASS EFFECTIVE DATE FOR 9,000 LIMITRLX 9/16/00
##LIMITS FOR THE FOLLOWING NARROW-BASED INDEX OPTIONS WILL BE DECREASED TO 12,000 CONTRACTS EFFECTIVETHE DATES AS NOTED BELOW:
CLASS EFFECTIVE DATE FOR 12,000 LIMITOIX 9/16/00
OPTIONS ON INTEREST RATES
Interest Rate Type Option Symbol Standard Contract Limit Short-Term IRX/LXI/ZXB(SSX@@) 5,000 Long-Term5-Year Yield FVX/LXV/ZVX(FVS@@) 25,00010-Year Yield TNX/LXN/ZXN(TNS@@) 25,00030-Year Yield TYX/LBN/ZXT(TYS@@) 25,000
CBOE Research Circular #RS00-024January 12, 2000Promus Hotel Corporation (“PRH”) Determination of Cash-In-Lieu Amount
CBOE Research Circular #RS00-025January 12, 2000Pool Energy Services Company (“PESC/UVQ”)Determination of Cash-In-Lieu Amount
CBOE Research Circular #RS00-26January 12, 2000Biovail Corporation International (“BVF & adj. BFW”) 2-for-1 Stock SplitEx-Distribution Date: January 20, 2000
CBOE Research Circular #RS00-27January 12, 2000Portal Software, Inc. (“PRSF/PUS”) 2-for-1 Stock SplitEx-Distribution Date: January 20, 2000
CBOE Research Circular #RS00-28January 12, 2000****UPDATE****UPDATE****UPDATE****KLA-Tencor Corporation (“KLAC/KCQ/CKV/ZXG/WXG”) 2-for-1 Stock SplitEx-Distribution Date: January 19, 2000
CBOE Research Circular #RS00-29January 12, 2000****UPDATE****UPDATE****UPDATE****Juniper Networks, Inc. (“JNPR/JUP/JUX”) 3-for-1 Stock SplitEx-Distribution Date: January 18, 2000
CBOE Research Circular #RS00-30January 13, 2000Telebanc Financial Corporation (“TBFC/TFU”) MergerCompleted with Turbo Acquisition Corp.
CBOE Research Circular #RS00-31January 13, 2000Honeywell, Inc.(“HON”) Determination of Cash-In-Lieu Amount
CBOE Research Circular #RS00-32January 13, 2000Xomed Surgical Products (“XOMD/XQK”)Determination of Cash-In-Lieu Amount
CBOE Research Circular #RS00-33January 14, 2000New Listings
The Constitution and Rules of the Chicago Board Options Exchange, Incorporated (“Ex-change”), in certain specific instances, require the Exchange to provide notice to themembership. The weekly Regulatory Bulletin is delivered to all effective members to sat-isfy this requirement.
When the DJIA advances (or declines)220 points from the previous day'sclose: Index arbitrage orders for S&P®
component stocks must be entered withbuy-minus (or sell-plus) instruction until theadvance or decline returns to within 110points from previous day's close.
None required.Limit comes into effect: On CMEopening (8:30 a.m.).
Trading halt: For 2 minutes if the offer isat limit 10 minutes after limit is reached orat 2:30 p.m.
Limit no longer in effect: After the2 minute halt or, if no halt, 10 minutesafter the limit is reached or otherwise at2:30 p.m.
1100 DJIA POINTS (10%)BELOW PREVIOUS DAY'S
CLOSING VALUETrading halts: Trading in all stocks haltsfor the following time periods when theDJIA reaches this value at the followingtimes:
Before 1:00 p.m.: for one hour;From 1:00 p.m. but before 1:30 p.m.:for 30 minutes;From and after 1:30 p.m.:no mandated trading halt
Limit comes into effect: On CBOTopening (7:20 a.m.).
Trading halt: If the futures contract islimit offered during an NYSE trading halt,futures trading will halt until NYSE ends itstrading halt and 50% of the underlyingstocks (capitalization weighted) haveresumed trading.
Limit no longer in effect: After futurestrading has resumed following an NYSEtrading halt or at 1:30 p.m.
1100 POINTS (10%) BELOWPREVIOUS DAY'S SETTLEMENT
Because CME or CBOT limit is reached:None required; discretionary actionsinclude trading halts and suspensions (withthe exercise restrictions described above).
Because NYSE declares floor-widecircuit breaker halt: Trading in all CBOEsecurities halted during NYSE circuitbreaker halt (with the exerciserestrictions described above).
None required because of CME or CBOTlimit or NYSE actions; discretionaryactions include trading halts andsuspensions.
Except on the last business day beforetheir expiration, CBOE normally will restrictexercise of American style, cash settledindex options during any trading halt.CBOE may restrict exercise in equityoptions (other than during the 10 businessdays before their expiration), but itnormally will not do so because of tradinghalts.
None required; discretionary actionsinclude trading halts and suspensions(with the exercise restrictions describedabove).
This information has been compiled by CBOE for general information purposes only, and therefore should not be considered complete or precise. Most matters discussed are subject to detailed exchange rules and to the discretionof exchange officials. The rules of the various exchanges are subject to change and may not be reflected in this information. CBOE assumes no responsibility for any errors or omissions in the information presented. In addition, thiscircular does not address specialized circumstances, such as the times that would be applicable on days when one or more underlying equity markets is scheduled to close trading earlier than normal or the rules applicable toChapter 30 securities. These specialized matters are covered in detail by exchange rules. All times listed are Central times.
“S&P” and “S&P 500” are trademarks of Mc-Graw Hill, Inc., and "DJIA" is a service mark of Dow Jones & Company, Inc., and neither company assumes any liability in connection with the trading of any contract based on its indexes.
(Date of issuance: January 5, 2000)
None required; discretionary actions includetrading halts in individual stocks.
INTER-EXCHANGE PROCEDURES IN VOLATILE MARKETSFOR FIRST QUARTER 2000
As of January 1, 2000
(OVER)
70 POINTS (5%) BELOWPREVIOUS DAY’S SETTLEMENT
Limit comes into effect: After the 35point (2.5%) limit.
Trading halt: For 2 minutes if the offeris at limit 10 minutes after limit is reachedor at 2:30 p.m.
Limit no longer in effect: After the2 minute halt or, if no halt, 10 minutesafter the limit is reached or otherwise at2:30 p.m.
140 POINTS (10%) BELOWPREVIOUS DAY’S SETTLEMENT
Under Normal Limits
Limit comes into effect: After the 70point (5%) limit or at 2:30 p.m.
Trading halts: Trading will halt for thefollowing time periods if the futurescontract is limit offered under thefollowing circumstances:
During an NYSE trading halt: UntilNYSE ends its trading halt and 50% ofthe underlying stocks (capitalizationweighted) have resumed trading.
After 1:30 p.m., if no NYSE tradinghalt is declared: For 2 minutes if thecontract is limit offered 10 minutesafter the limit is reached.
Limit no longer in effect: After amandated futures trading halt.
******
Under Second Day Limits (thoseapplicable on a day after the futurescontract was limit offered at the 280point (20%) level at the close oftrading).
Limit comes into effect: After the 70point (5%) limit, unless there is an NYSEtrading halt, in which case only the 20%limit applies upon reopening.
Trading halts:
During an NYSE trading halt(regardless whether the futurescontract is limit offered): Until NYSEends its trading halt and 50% of theunderlying stocks (capitalizationweighted) have resumed trading.
If no NYSE trading halt is declared:For 2 minutes if the contract is limitoffered 10 minutes after the limit isreached or at 2:30 p.m.
Limit no longer in effect: After amandated futures trading halt or, if nohalt, 10 minutes after the limit is reachedor otherwise at 2:30 p.m.
Limit comes into effect: After the 140point (10%) limit.
Trading halts: For 2 minutes if thecontract is at limit 10 minutes after limit isreached.
Limit no longer in effect: After anysuch 2 minute halt.
******
Under Second Day Limits
Limit comes into effect: After the 140point (10%) limit, unless there is an NYSEtrading halt, in which case only the 20%limit applies upon reopening.
Trading halts:
During an NYSE trading halt(regardless whether the futurescontract is limit offered): Until NYSEends its trading halt and 50% of theunderlying stocks (capitalizationweighted) have resumed trading.
If no NYSE trading halt is declared:For 2 minutes if the contract is limitoffered 10 minutes after the limit isreached or at 2:30 p.m.
Limit no longer in effect: After amandated futures trading halt or, if nohalt, 10 minutes after the limit is reachedor otherwise at 2:30 p.m.
For more information on the inter-exchangeprocedures in volatile marketsor on CBOE options products,
call 1-800-OPTIONSor visit our Web site at www.cboe.com
3350 DJIA POINTS (30%)BELOW PREVIOUS DAY'S
CLOSING VALUE
Trading halts and does not reopen for theday.
The 280 point (20%) limit remains ineffect.
Settlement value will not be less than thelimit value, regardless of the value of thecash index.
Limit comes into effect: After the 2250point (20%) limit.
Limit remains in effect for the remainder ofthe trading day.
Trading halt: Trading shall halt for the restof the day if the futures contract is limitoffered at any time during the trading dayand the NYSE declares a trading halt forthe rest of the trading day.
3350 POINTS (30%)BELOW PREVIOUS DAY'S
SETTLEMENT
If NYSE declares floor wide tradinghalt for the remainder of the day:CBOE halts trading for the remainder ofthe day (with the exercise restrictionsdescribed above).
Because CBOT limit is reached: Nonerequired; discretionary actions includetrading halts and suspensions (with theexercise restrictions described above).
2250 DJIA POINTS (20%)BELOW PREVIOUS DAY'S
CLOSING VALUE
Trading halts: Trading in all stocks haltsfor the following time periods when theDJIA reaches this value at the followingtimes:
Before 12:00 p.m.: for two hoursFrom 12:00 p.m. but before 1:00p.m.: for one hourFrom and after 1:00 p.m.: for theremainder of the day
Limit comes into effect: After the 1100point (10%) limit or at 1:30 p.m.
Trading halt: If the futures contract islimit offered during an NYSE trading halt,futures trading will halt until NYSE ends itstrading halt and 50% of the underlyingstocks (capitalization weighted) haveresumed trading.
Limit no longer in effect: After futurestrading has resumed following an NYSEtrading halt.
Because CME or CBOT limit isreached: None required; discretionaryactions include trading halts andsuspensions (with the exerciserestrictions described above).
Because NYSE declares a floor widecircuit breaker halt: Trading in allCBOE securities halted during NYSEcircuit breaker halt (with the exerciserestrictions described above).
2250 POINTS (20%) BELOWPREVIOUS DAY'S SETTLEMENT
INTER-EXCHANGE PROCEDURES IN VOLATILE MARKETS(continued)
210 POINTS (15%)BELOW PREVIOUS DAY'S
CLOSING VALUE
Limit comes into effect: After the 210point (15%) limit or, when Second DayLimits are in effect, at 2:30 p.m. or aftertrading resumes following an NYSEtrading halt.
Limit remains in effect for the remainderof the trading day.
Trading halt:
(Normal Limits): If the futurescontract is limit offered during anNYSE trading halt.
(Second Day Limits): If there is anNYSE trading halt, regardless whetherthe futures contract is limit offered.
Trading will resume when NYSE ends itstrading halt and 50% of the underlyingstocks (capitalization weighted) haveresumed trading.
Settlement value will not be less than thelimit value, regardless of the value of thecash index.
280 POINTS (20%) BELOWPREVIOUS DAY'S SETTLEMENT
None required; discretionary actionsinclude trading halts in individual stocks.
None required. None required; discretionary actionsinclude trading halts and suspensions (withthe exercise restrictions described above).
JanJanJanJanJanuaruaruaruaruary 21,y 21,y 21,y 21,y 21, 2000, 2000, 2000, 2000, 2000, VVVVVolume RB11,olume RB11,olume RB11,olume RB11,olume RB11, Number 3 Number 3 Number 3 Number 3 Number 3 RB3 RB3 RB3 RB3 RB3
Regulatory Circular RG00-05
Date: January 5, 2000
To: Membership and Member Firms
From: Trading Operations
Re: Stock Sliding Tick
Due to the high traffic CBOE has experienced, duplicate stock last sales will besuppressed until further notice. This means that sliding tick and recap lines will updateon price changes only. Cumulative stock volume will update only when a price changeoccurs. Subsequent last sales at the same stock price will not be displayed.
Please refer any questions to the Help Desk at 786-7100.
Regulatory Circular RG00-06
Date: January 6, 2000
To: Members and Member Firms
From: Trading Operations
Re: Option Classes Using CBOE Auto Quote
Due to operational concerns, CBOE’s Auto Quote system has been modified toupdate quotes based on the following minimum movement of the underlying bid-askspread:
10¢ movement on underlying values > $1005¢ movement on underlying values < $100
If you have any questions, please contact the Help Desk at 786-7100 or Tom Knorringat 786-7363.
Regulatory Circular RG00-07
Date: January 10, 2000
To: CBOE Member Firms and Service Bureaus
From: Trading Operations and the Liaison Group
Re: Conversion of Resting GTCs from Fractions to Decimals - Option Products
As trading in specific option symbols switches from trading in fractions to trading indecimals, the CBOE will run an internal process to appropriately convert premiums on allresting GTC orders. The CBOE will not be providing any printed or electronic reports,which list the converted orders. The ORS Retained Order Log (Report SS1030) will beavailable on InfoPac the morning following each business day. This report will list allresting GTCs, for both fractional and decimal classes, known to the CBOE’s OrderRouting System (ORS).
The table below shows the conversion routine which will be followed by CBOE’s internalprocess. As specific options are converted from fractional trading to decimal, memberfirms and service bureaus should convert resting GTCs on their database in a mannerconsistent with that followed by the CBOE. It should be noted that if adjustments due tocorporate action occur on the same evening as a decimal conversion, CBOE restingGTCs will be adjusted for corporate action prior to the decimal conversion. Questionsregarding this matter may be directed to Anthony Montesano at (312) 786-7365, Marilyn
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Rivera at (312) 786-7606, or you may send an Email to ‘[email protected]’.
Note: This circular outlines the procedure for options products only. For informationon the conversion of CBOE structured (equity) products, please refer to RegulatoryCircular RG00-10.
Fractional Portion Decimal Conversion if Decimal Conversion ifof Premium Options Trade in Nickels Options Trade in Pennies:
Subject: Option Day T rades Exceeding Account Approval Level
Exchange Jaime Galvan (312) 786-7058Contacts: Barry J. Szurgot (312) 786-7756
PLEASE ROUTE TO: COMPLIANCE DEPARTMENTSENIOR REGISTERED OPTIONS PRINCIPALCOMPLIANCE REGISTERED OPTIONS PRINCIPALOPTIONS DEPARTMENT
The purpose of this Regulatory Circular is to address the guidelines that memberorganizations are required to follow with respect to the proper identification of optionsday trades in non-member customer accounts that exceed an account’s approvedoptions strategy level. The term “day trading” means the opening purchase or saleand the subsequent closing sale or purchase of the same security on the same day.1
KEY ISSUE
Member organizations that conduct a non-member customer business are required toestablish and implement reasonable procedures to identify, on at least a post-tradedate basis, options day trades in non-member customer accounts that exceed anaccount’s approved option strategy level.
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DISCUSSION
Member organizations that conduct a non-member customer business are required byExchange Rule 9.8 - Supervision of Accounts to establish, maintain and enforce writtenprocedures for the supervision of all non-member customer accounts, and all optionorders for such accounts. This includes surveillance for option day trades that exceedan account’s approved option strategy level; for example, detecting when the sell side ofan option day trade occurs before the buy transaction in an account not approved foruncovered writing.
The Exchange requests that member organizations review their policies and proceduresfor the surveillance of options trading in non-member customer accounts, and to takesteps, if necessary, to establish and implement reasonable procedures to identify, on atleast a post-trade date basis, option day trades in non-member customer accounts thatexceed an account’s approved option strategy level.
Failure by a member organization to comply with the forgoing requirements may result inExchange disciplinary proceedings and be deemed a violation of Exchange Rules 4.2 -Adherence to Law and 9.8 - Supervision of Accounts.
Questions regarding this Regulatory Circular should be directed to Jaime Galvan at (312)786-7058, or Barry J. Szurgot at (312) 786-7756 in the Department of Financial andSales Practice Compliance.
Regulatory Circular RG00-09
Date: January 10, 2000
To: Designated Primary Market Makers (DPMs)
From: Modified Trading System (MTS) Appointments Committee
Re: Definition of a Primary DPM, Alternate DPM and Alternate DPMwith Supervision
A DPM may act as a DPM solely through persons who are approved by the ModifiedTrading System (MTS) Appointments Committee (the “Committee”) to represent the DPMin its capacity as a DPM. In granting any such approval, the Committee designateswhether the person is being approved as a Primary DPM, an Alternate DPM or an AlternateDPM with Supervision. The Committee requires that DPM organizations submit writtenrequests for approval of individuals to act as DPMs, regardless of the individual’sdesignation, at least two weeks in advance of the actual date the DPM organizationwishes the member to act as a DPM. (Please address these requests to the MTSCommittee, c/o Trading Procedures Office, 4th Floor, CBOE.) The purpose of this circularis to set forth the parameters of each of these approvals.
Primary DPM: Primary DPMs are persons who have been interviewed and approved bythe MTS Committee to act in the capacity of a Primary DPM. Primary DPMs areresponsible for the day to day trading operation at the DPM station on the trading floor.Although Primary DPMs are not required to be principals of the DPM Organization, PrimaryDPMs must have the authority and expertise to make all trading decisions under allmarket conditions. At least one primary DPM should be at the trading station at alltimes during trading sessions with the exception of short (no longer than one hour) breaks.
1 In respect of options, each option series is considered a different security. The purchase(sale) of oneoption series and the sale(purchase) of a different option series within the same option class on thesame day is not considered a day trade.
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Because of the importance of the role of the Primary DPM, DPM Organizations areencouraged to include more than one Primary DPM in their organizational structure.
The Committee expects Primary DPM candidates to have considerable tradingexperience either as a market maker, floor broker and/or Alternate DPM. They musthave demonstrated the good business sense that is demanded of a DPM. An AlternateDPM may not be approved to act as a Primary DPM unless there is a demonstrationthat the Alternate has actively traded at a DPM station.
Alternate DPM: Alternate DPMs are persons who have been authorized by the MTSCommittee to act in the capacity of an Alternate DPM. Alternate DPMs are responsiblefor assisting the Primary DPM in the day to day trading operation at the DPM stationon the trading floor. Alternate DPMs may assume full responsibility for the operation ofthe trading station for limited intervals of time when relieving the Primary DPM for lunchor other short breaks. Because the Alternate may have to act in place of a PrimaryDPM when the Primary DPM is not present at the DPM station, the Committee alsoexpects Alternate DPM candidates to have trading experience as either market maker,floor broker and/or Alternate DPM with Supervision. Alternate DPM candidates musthave historically demonstrated the good business sense that is demanded of a DPMand Alternate DPMs must have the authority to make final trading decisions in theabsence of a Primary DPM.
Alternate DPM with Supervision: An Alternate DPM with Supervision is a person whois approved by the Committee to be in training to become an Alternate DPM. Under nocircumstances may an Alternate DPM with Supervision be present and trading at aDPM station in the absence of a Primary DPM. An Alternate DPM with Supervisioncannot act as an Alternate DPM until the Committee authorizes such action.
Questions regarding this circular may be directed to Daniel Hustad at (312) 786-7715.
Regulatory Circular RG00-10
Date: January 10, 2000
To: CBOE Member Firms and Service Bureaus
From: T rading Operations and the Liaison Group
Re: Conversion of Resting GTCs from Fractions to DecimalsStructured (Equity) Products
As trading in specific equities switches from trading in fractions to trading in decimals,the CBOE will not programatically convert premiums on resting GTC orders in thestructured (equity) products. Therefore, any resting GTC/GTX orders will be cancelledat end of day on the date of conversion and returned to the member firms. It will be theresponsibility of the member firms to re-enter the orders with the converted premiums.
Questions regarding this matter may be directed to Anthony Montesano at 312-786-7365,Marilyn Rivera, 312-786-7606, or you may send an Email to ‘[email protected]’.
Note: This circular outlines the procedure for CBOE structured (equity) products only.For information on the conversion of CBOE option products please refer to RegulatoryCircular RG00-07.
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Regulatory Circular RG00-11
Date: January 14, 2000
To: Members
From: Department of Market Regulation
Re: Semi-Annual Position and Exercise Limit Review
Pursuant to Exchange Rule 4.11, Interpretation .02 and Exchange Rule 4.12, all securi-ties underlying the Exchange’s listed equity options have been reviewed to determinewhich options are eligible for either the 75,000, 60,000, 31,500, 22,500 or 13,500 con-tract position and exercise limits. In addition, pursuant to Exchange Rule 24.4A, allsecurities underlying the Exchange’s listed industry index options have also been re-viewed to determine which options are eligible for either the 15,000, 12,000, or 9,000contract position and exercise limits. A complete list of the new applicable position andexercise limits effective January 24, 2000, is detailed in Position Limit Circular PL00-11.Last, please be advised that accounts which are directly or indirectly controlled by thesame individual or entity must be aggregated to determine compliance with the positionand exercise limit rules.
Any questions concerning position and exercise limits should be directed to PatriciaCerny at (312) 786-7722 or Melissa Becker at (312) 786-7362.
Regulatory Circular RG00-12
Date: January 12, 2000
To: Members and Member Firms
From: Market Operations Department
Re: Restrictions on Transactions inIntegrated Health Systems (IHS) Options
Trading in Integrated Health Systems stock on the New York Stock Exchange (NYSE)and trading in IHS options on CBOE was halted on December 23, 1999, and the NYSEsubsequently delisted IHS stock.
Trading on CBOE in existing series of IHS options will reopen on January 15, 2000subject to the following restrictions. Only closing transactions may be effected in anyseries of IHS options, except for (i) opening transactions by market-makers executed toaccommodate closing transactions of other market participants and (ii) openingtransactions by CBOE member organizations to facilitate the closing transactions ofpublic customers executed as crosses pursuant to and in accordance with CBOE Rule6.74(b).
The execution of opening transactions in IHS options, except as permitted above, and/orthe misrepresentation as to whether an order is opening or closing, will constitute aviolation of CBOE rules, and may result in disciplinary action.
There are no restrictions in place with respect to the exercise of IHS options and theOptions Clearing Corporation (OCC) has advised the CBOE that the expiration of IHSoptions will remain subject to OCC’s Exercise-by-Exception Procedures.
Any questions regarding this circular may be directed to Kerry Winters at (312) 786-7312 or Patricia Cerny at (312) 786-7722.
