Let $E$ be an unramified quadratic extension of a local field $F$, with $p$ odd. Let $E^1$ denote the set of norm $1$ elements of $E$. What can be said about the following index: $$ {\rm 1.}\ \ \ \ [ (E^1 \cap (1 + P_E )) : E^1 \cap (1 + P_E^M )] $$ where $M$ is a positive integer.
We know that in this case $N_{E/F}(1+P_E )=1+P_F$. If we consider the short exact sequence $$ 1\longrightarrow E^1\longrightarrow R_{E}^{\times}\longrightarrow R_{F}^{\times}\longrightarrow 1 $$ and intersect this with $1+P_{E}$, we get $$ 1 \longrightarrow E^1\cap (1+P_E)\longrightarrow 1+P_E\longrightarrow 1+P_{F}\longrightarrow $$
but I don't think this helps in computing the index in 1.