TALLINN STOCK EXCHANGE

ANNOUNCEMENT

 

OPTION MARKET STATISTICS AS OF 30.04.2001

 

1.

                   31.01.2001  28.02.2001  31.03.2001  30.04.2001

Volume of  

written options    85 470 000  62 041 000  26 382 750  84 100 500

(absolute value)

 

Net open 

position          -59 235 700 -34 968 400 -10 258 150     270 100

 

2. By underlying

 

under-

lying     31.01.2001 28.02.2001 31.03.2001 30.04.2001

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

ETL           34.93%     41.43%     25.24%     32.47%

HP            59.37%     55.28%     64.81%     21.05%

KALEV          0.39%      0.29%      0.68%      0.21%

KLM            0.12%      0.16%

MERKO          0.73%

NORMA          4.47%      2.84%      9.27%     46.27%

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

total        100.00%    100.00%    100.00%    100.00%

 

3. By expiry date

 

expiry    31.01.2001 28.02.2001 31.03.2001 30.04.2001

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

Feb-01        61.10%

Mar-01        34.41%     72.91%

Apr-01         2.23%     15.58%     52.04%

May-01         1.43%      5.77%     21.65%     54.35%

Jun-01         0.83%      0.37%      9.95%     32.53%

Jul-01                               1.06%

Aug-01                    5.36%     13.36%      4.19%

Sep-01                               1.93%      4.87%

Oct-01                                          4.06%

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

total        100.00%    100.00%    100.00%    100.00%

 

4. Written options

 

                    Volume of written   Number of written

                option contracts (EEK)   option contracts

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

under-  expiry        put        call      put     call

lying   

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

ETL     May-01   -315 000  -3 152 500      -50     -415

        Jun-01            -22 282 000            -3 166

        Aug-01               -200 000               -25

        Sep-01               -445 000               -70

        Oct-01               -912 500              -115

HP      May-01             -5 028 500              -355

        Jun-01             -3 200 000              -200

        Aug-01             -3 325 000              -237

        Sep-01             -3 650 000              -290

        Oct-01             -2 500 000              -200

KALEV   May-01               -180 000              -120

NORMA   May-01            -37 030 000            -7 850

        Jun-01             -1 880 000              -400

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

total            -315 000 -83 785 500      -50  -13 443

 

5. Net open position

 

                 Net open position        Net open position

                            (EEK)     (number of contracts)

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

under- expiry         put        call      put     call

lying

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

ETL     May-01   -165 000  -1 585 000      -30     -210

        Jun-01            -22 282 000            -3 166

        Aug-01               -200 000               -25

        Sep-01    465 000  20 735 000       60    2 960

        Oct-01               -912 500              -115

HP      May-01  8 055 000   1 332 100      610       78

        Jun-01    202 500  -3 200 000       15     -200

        Aug-01             -3 325 000              -237

        Sep-01  1 485 000  -1 775 000      110     -140

        Oct-01                      0                 0

KALEV   May-01                -90 000               -60

NORMA   May-01            -37 030 000            -7 850

        Jun-01             -1 880 000              -400

        Jul-01              1 500 000               300

        Sep-01             24 450 000             5 190

        Oct-01             11 750 000             2 500

SAKU    Jul-01    600 000     650 000      100      100

        Sep-01                390 000                60

        Oct-01    600 000                  100

VN      May-01                500 000               100

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

total          11 242 500 -10 972 400      965   -1 115

 

6. By option type

 

type               31.01.2001  28.02.2001  31.03.2001 30.04.2001

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

Put options             2.81%       8.94%       6.53%      0.37%

Call options           97.19%      91.06%      93.47%     99.63%

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

total                 100.00%     100.00%     100.00%    100.00%

 

 

The methodology for calculation of option statistics is available 

at TSE Internet homepage at 

<a href='http://www.tse.ee/english/rules/pdf/optionmeth.pdf' target='_blank'>http://www.tse.ee/english/rules/pdf/optionmeth.pdf</a>

 

TSE