Supernova (SN) 2002ap in M74 was discovered on January 29, 2002. Being one of
the nearest (10 Mpc) SN events in the last decades, and spectroscopically
similar to the so-called ``hypernovae'' 1997ef and 1998bw, both possibly
associated with gamma-ray bursts (GRBs), it is of great interest. Shortly after
its discovery, we launched an intensive photometric and spectroscopic
monitoring campaign of this event, and here we report the results of the first
month of observations. We use our UBVRI photometry to estimate the magnitudes
at, and dates of, peak brightness. Our data suggest that this object reached
its peak B-band luminosity on Feb. 7.1(-1.3)(+2) UT. Based on its similarity to
SN 1998bw, we estimate the range of possible dates for a GRB that may have been
associated with SN 2002ap. We find that it may include dates outside the time
frame for which all available gamma-ray data have been intensively scanned,
according to recent reports. The absolute magnitude at peak brightness of SN
2002ap (M_B = -16.9) shows that it was significantly fainter than SN 1998bw, or
normal type-Ia SNe, but similar to SN 1997ef. Our spectroscopic observations
confirm that SN 2002ap is strikingly similar to SNe 1998bw and 1997ef. We
briefly describe the spectral evolution of this object. To assist other
observers and to stimulate theoretical models, we make our entire data set
publicly available in digital form.Comment: 5 pages, including 4 figures. MNRAS (pink pages) in press. Data
available electronically from http://wise-obs.tau.ac.il/~avishay/local.htm