TALLINN STOCK EXCHANGE

ANNOUNCEMENT

07.04.99

 

OPTIONS MARKET IN ESTONIA AS OF 31.03.99 

 

Net open position:

 

              31.12.98     31.01.99      28.02.99     31.03.99

             7 388 800   14 856 400    21 034 100   17 226 200

 

Distribution by underlying assets:

 

             30.11.98   31.12.98   31.01.99   28.02.99   31.03.99

 

HP           20.68%     17.59%     47.93%     45.96%     52.29%

OPT          11.28%     10.00%      3.28%     10.50%      8.88%

EYP          66.44%     58.34%     43.52%     21.88%     16.86%

NORMA         0.70%     12.44%      4.63%     11.33%     12.83%

FARMA         0.90%      1.63%       -          -          -

TALSE	       -          -         0.64%      4.75%      5.81%

ETL            -          -          -         3.92%      3.34%

TKM            -          -          -         0.99%       -

MERKO          -          -          -         0.67%       -

------------------------------------------------------------------

TOTAL       100.0%     100.0%     100.0%     100.0%     100.0%

 

 

Distribution by expiry date:

 

             30.11.98   31.12.98   31.01.99   28.02.99   31.03.99

 

December  98 43.69%       -          -          -          -

January      15.05%     21.72%       -          -          -

February      9.24%     19.15%     38.59%       -          -

March        20.32%     38.85%     49.61%     58.39%       -

April         1.73%      3.90%      3.21%     11.21%     28.29%

May           0.38%     -0.68%     -0.34%      8.63%     32.67%

June           -          -         0.44%      2.60%     14.60%

July           -          -          -        11.52%     14.07%

August        9.59%     17.06%      8.48%      7.65%      8.59%

September      -          -          -          -         1.78%

------------------------------------------------------------------

TOTAL       100.0%     100.0%     100.0%     100.0%	100.0%

 

Put options         14.43%

Call options        85.57%

 

 

TSE