TALLINN STOCK EXCHANGE

ANNOUNCEMENT

 

OPTION MARKET STATISTICS AS OF 31.12.2001

 

1.

                  30.09.2001 31.10.2001 30.11.2001 31.12.2001

Volume of  

written options    101484500   86647300   73265000   67740000

(absolute value)

 

Net open 

position           -27703500    1051700    3927750  -25986000

 

2. By underlying

 

under-

lying  30.09.2001 31.10.2001 30.11.2001 31.12.2001

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

ETL        26.07%     51.44%     48.28%     47.98%

HP         55.84%     31.72%     34.50%     32.43%

NORMA      18.09%     16.84%     17.22%     19.59%

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

total     100.00%    100.00%    100.00%    100.00%

 

3. By expiry date

 

expiry 30.09.2001 31.10.2001 30.11.2001 31.12.2001

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

Oct-01     73.16%

Nov-01     16.96%     58.91%

Dec-01      3.96%     12.35%     40.26%

Jan-02      3.57%     22.25%     34.23%     63.83%

Feb-02      1.66%      1.73%     16.62%     26.09%

Mar-02      0.69%      2.66%      3.08%      3.79%

Apr-02                 0.15%      2.30%      2.48%

May-02                 1.48%      2.97%      3.22%

Jun-02                 0.30%      0.35%      0.38%

Oct-02                 0.16%      0.19%      0.21%

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

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      Jan-02  -245000 -22068000      -35     -3175

         Feb-02   -43000  -8165000      -10     -1080

         Apr-02  -350000                -50

         May-02           -1489000               -185

         Oct-02            -142500                -25

HP       Jan-02          -11157000               -824

         Feb-02           -8230000               -523

         Mar-02            -351000                -24

         Apr-02           -1284000                -86

         May-02            -690000                -46

         Jun-02            -256000                -16

NORMA    Jan-02           -9768000              -2080

         Feb-02           -1236000               -240

         Mar-02           -2217500               -470

         Apr-02             -48000                -10

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

total            -638000 -67102000      -95     -8784

 

 

5. Net open position

 

               Net open position     Net open position

                           (EEK) (number of contracts)

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

under- expiry        put      call      put      call

lying

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

ETL      Jan-02  7645000 -13883000     1150     -2060

         Feb-02  6582000  -3535500      990      -404

         Mar-02            1113500                146

         Apr-02  -350000    130000      -50        20

         May-02           -1489000               -185

         Oct-02            -142500                -25

HP       Jan-02          -10357000               -774

         Feb-02   775000  -5920000       50      -383

         Mar-02            -351000                -24

         Apr-02           -1124000                -76

         May-02  1500000   3535000      100       214

         Jun-02            -256000                -16

NORMA    Jan-02  3120000  -9768000      600     -2080

         Feb-02   156000  -1236000       30      -240

         Mar-02           -2217500               -470

         Apr-02             -48000                -10

         May-02             135000                 25

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

total           19428000 -45414000     2870     -6342

 

6. By option type

 

type          30.09.2001 31.10.2001 30.11.2001 31.12.2001

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

Call options      92.72%     94.99%     98.56%     99.06%

Put options        7.28%      5.01%      1.44%      0.94%

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

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