The MKT consists of 50 of the largest companies in industries including consumer institutions and petrochemical producers. The capitalization- weighting of MKT means that the accurately reflect current market sentiment, based upon the appreciation or reduction of the Big Cap.
Retail investors will find Big Cap options invaluable as a portfolio substitute or as a tool to help hedge existing holdings from adverse market movements. Institutions can also use Big Cap options to hedge major portfolios, while the manageable size of the index (50 issues) allows for less costly basket replication.
Component Issues
AXP American Express Company
AIG American International Group, Inc.
T AT&T Corp.
AIT Ameritech Corporation
AN Amoco Corporation
ARC Atlantic Richfield Company
BAC BankAmerica Corporation
BEL Bell Atlantic Corporation
BA The Boeing Company
BMY Bristol-Myers Squibb Company
CCI Citicorp
KO The Coca-Cola Company
CL Colgate-Palmolive Company
DIS The Walt Disney Company
DOW The Dow Chemical Company
DD E.I. du Pont de Nemours and Company
EK Eastman Kodak Company
XON Exxon Corporation
F Ford Motor Company
GTE GTE Corporation
GE General Electric Company
GM General Motors Corporation
HNZ H.J. Heinz Company
HWP Hewlett-Packard Co.
HD The Home Depot, Inc.
ITT ITT Corporation
INTC Intel Corporation
IBM International Business Machines Corporation
IP International Paper Company
JNI Johnson & Johnson
KM Kmart Corporation
LTD The Limited, Inc.
MCD McDonald's Corporation
MRK Merck & Co., Inc.
MER Merrill Lynch & Co., Inc.
MMM Minnesota Mining and Manufacturing Company
MOB Mobil Corporation
MTC Monsanto Company
MOT Motorola, Inc.
PEP PepsiCo, Inc.
MO Philip Morris Companies Inc.
PG The Proctor & Gamble Company
SLB Schlumberger Limited
S Sears, Roebuck and Co.
SO The Southern Company
TWX Time Warner Inc.
TOY Toys "R" Us, Inc.
WMT Wal-Mart Stores, Inc.
WY Weyerhaeuser Company
XRX Xerox Corporation