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OPTION EXPIRATIONS

Option	Expiration Month
Chicago Board of Trade
Grain Complex	Month prior to named month*
T-Bonds/All T-Notes	Month prior to named month
Swaps	Same as named month
30-Day Fed Funds	Same as named month
Dow Jones ™ Complex	Serial and quarterly options expire in their named months and exercise into quarterly futures with Last Trading Day in its Named month; e.g., Jan., Feb., and Mar. options exercise into Mar. futures with last trading day in Mar.
Chicago Mercantile Exchange
Lumber	Month prior to named month
Milk Complex	Varies depending on USDA Milk price announcement dates.
All others	Same as named month
New York Mercantile Exchange/COMEX
All Average Price Options	Same as named month
Energy Complex	Month prior to named month
Aluminum	Month prior to named month
All Other Metals	Serial and regular options expire in month prior to their named months and exercise into next active futures month with Last Trading Day in its named month; e.g., Jan., Feb., and Mar. silver options exercise into Mar. futures with last trading day in March.
Eurex
Euro Bobl, Euro Bund, Euro Schatz	Serial and regular options expiring in named month; exercise into quarterly futures with Last Trading Day in its named month.
SMI	Serial and regular options expiring in named month; exercise into quarterly futures with Last Trading Day in its named month.
Eurex US
All T-Notes	Same as named month
T-Bonds	Same as named month
LIFFE
Cocoa, Coffee, Sugar, Wheat	Month prior to named month
Euribor, Euribor 1-Yr. MidCurve	Same as named month
Short Sterling, Short Sterling MidCurve	Same as named month
FTSE 100	Same as named month
Euro Swiss Franc	Same as named month
New York Board of Trade
Cocoa/Coffee/Sugar #11	Serial and regular options expiring in month prior to named month; exercise into next available futures with Last Trading Day in its named month (cocoa and coffee) or in month prior to named month (sugar #11).
Orange Juice	Serial and regular options expiring in month prior to named month; exercise into next available futures with Last Trading Day in its named month.
Cotton	Month prior to named month
NYSE Composite, Reuters CRB, Russell 1000, US $ Indices	Serial and regular options expiring in named month; exercise into quarterly futures with Last Trading Day in its named month.
Currency Cross Rates	Serial and regular options expiring in named month; exercise into quarterly futures with Last Trading Day in its named month.
SFE
Australian 90 Day Bank Bills	Same as named month
Australian Government Bonds	Same as named month
SPI 200	Same as named month
*Named month is the month appearing in the name of the option or futures contract; e.g., the named month for the Feb. 134 Copper Call is Feb.

There is risk of loss in all futures and options trading. Material was gathered from sources believed to be reliable, however no guarantee to its accuracy is made. ©Copyright 2006 by TradeView Services, Inc.