Tuesday, May 24, 2011

MDT - New Position




A new CSP position was established today on Medtronic Inc (MDT). All prices include IB commissions.










CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases33
Fair Value Estimate$48.00
Target Buy Price$40.00
Target Margin of Safety16.67%
Actual Buy Price$38.00
Actual Margin of Safety20.83%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/24/2011MDTCSP Margin UsedCSP 100 MDT @ 38.00 ($3,800.00) 
5/24/2011MDTInitial Put OptionSTO 1 Aug11 38.00 Put @ 1.01  $101.03


Position Summary





Cost Basis($3,800.00)
Income Generated$101.03
Percent Income Generated2.66%
Annualized Income Generated11.15%
Net Profit If Assigned$101.03
Percent Return If Assigned2.66%
Annualized Return If Assigned11.15%
Days Held to Expiration87 days

Monday, May 23, 2011

JNJ - New Position




A new CSP position was established today on Johnson and Johnson (JNJ). All prices include IB commissions.










CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases49
Fair Value Estimate$75.00
Target Buy Price$60.00
Target Margin of Safety20.00%
Actual Buy Price$60.00
Actual Margin of Safety20.00%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011JNJCSP Margin UsedCSP 100 JNJ @ 60.00 ($6,000.00) 
5/23/2011JNJInitial Put OptionSTO 1 Oct11 60.00 Put @ 1.34  $133.98


Position Summary





Cost Basis($6,000.00)
Income Generated$133.98
Percent Income Generated2.23%
Annualized Income Generated5.40%
Net Profit If Assigned$633.98
Percent Return If Assigned10.57%
Annualized Return If Assigned25.54%
Days Held to Expiration151 days

GD - New Position




A dividend was received on General Dynamics (GD). All prices include IB commissions.

A new CSP position was established today on General Dynamics Corporation (GD). All prices include IB commissions.










CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases20
Fair Value Estimate$85.00
Target Buy Price$60.00
Target Margin of Safety29.41%
Actual Buy Price$65.00
Actual Margin of Safety23.53%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011GDCSP Margin UsedCSP 100 GD @ 65.00 ($6,500.00) 
5/23/2011GDInitial Put OptionSTO 1 Aug11 65.00 Put @ 1.14  $113.98


Position Summary





Cost Basis($6,500.00)
Income Generated$113.98
Percent Income Generated1.75%
Annualized Income Generated7.27%
Net Profit If Assigned$113.98
Percent Return If Assigned1.75%
Annualized Return If Assigned7.27%
Days Held to Expiration88 days

CSX - New Position




A new CSP position was established today on CSX Corporation (CSX). All prices include IB commissions.










CriteriaValue
Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases6
Fair Value Estimate$90.00
Target Buy Price$65.00
Target Margin of Safety27.78%
Actual Buy Price$65.00
Actual Margin of Safety27.78%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011CSXCSP Margin UsedCSP 100 CSX @ 65.00 ($6,500.00) 
5/23/2011CSXInitial Put OptionSTO 1 Nov11 65.00 Put @ 2.24  $223.98


Position Summary





Cost Basis($6,500.00)
Income Generated$223.98
Percent Income Generated3.45%
Annualized Income Generated7.03%
Net Profit If Assigned$223.98
Percent Return If Assigned3.45%
Annualized Return If Assigned7.03%
Days Held to Expiration179 days

BDX - New Position




A new CSP position was established today on Becton Dickinson and Company (BDX). All prices include IB commissions.










CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases38
Fair Value Estimate$98.00
Target Buy Price$80.00
Target Margin of Safety18.37%
Actual Buy Price$80.00
Actual Margin of Safety18.37%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011BDXCSP Margin UsedCSP 100 BDX @ 80.00 ($8,000.00) 
5/23/2011BDXInitial Put OptionSTO 1 Sep11 80.00 Put @ 1.44  $143.98


Position Summary





Cost Basis($8,000.00)
Income Generated$143.98
Percent Income Generated1.80%
Annualized Income Generated5.66%
Net Profit If Assigned$143.98
Percent Return If Assigned1.80%
Annualized Return If Assigned5.66%
Days Held to Expiration116 days

TEVA - New Position




A new CSP position was established today on Teva Pharmaceutical Industries Ltd (TEVA). All prices include IB commissions.










CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases12
Fair Value Estimate$63.00
Target Buy Price$45.00
Target Margin of Safety28.57%
Actual Buy Price$45.00
Actual Margin of Safety28.57%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011TEVACSP Margin UsedCSP 100 TEVA @ 45.00 ($4,500.00) 
5/23/2011TEVAInitial Put OptionSTO 1 Sep11 45.00 Put @ 1.23  $122.98


Position Summary





Cost Basis($4,500.00)
Income Generated$122.98
Percent Income Generated2.73%
Annualized Income Generated8.60%
Net Profit If Assigned$122.98
Percent Return If Assigned2.73%
Annualized Return If Assigned8.60%
Days Held to Expiration116 days

STRA - New Position




A new CSP position was established today on Strayer Education Inc (STRA). All prices include IB commissions.










CriteriaValue
Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases7
Fair Value Estimate$172.00
Target Buy Price$105.00
Target Margin of Safety38.95%
Actual Buy Price$95.00
Actual Margin of Safety44.77%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011STRACSP Margin UsedCSP 100 STRA @ 95.00 ($9,500.00) 
5/23/2011STRAInitial Put OptionSTO 1 Oct11 95.00 Put @ 3.19  $318.98


Position Summary





Cost Basis($9,500.00)
Income Generated$318.98
Percent Income Generated3.36%
Annualized Income Generated6.85%
Net Profit If Assigned$318.98
Percent Return If Assigned3.36%
Annualized Return If Assigned6.85%
Days Held to Expiration179 days

RTN - New Position




A new CSP position was established today on Raytheon Company (RTN). All prices include IB commissions.










CriteriaValue
Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases7
Fair Value Estimate$61.00
Target Buy Price$45.00
Target Margin of Safety26.23%
Actual Buy Price$45.00
Actual Margin of Safety26.23%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011RTNCSP Margin UsedCSP 100 RTN @ 45.00 ($4,500.00) 
5/23/2011RTNInitial Put OptionSTO 1 Nov11 45.00 Put @ 1.57  $156.98


Position Summary





Cost Basis($4,500.00)
Income Generated$156.98
Percent Income Generated3.49%
Annualized Income Generated7.11%
Net Profit If Assigned$156.98
Percent Return If Assigned3.49%
Annualized Return If Assigned7.11%
Days Held to Expiration179 days

PFE - New Position




A new CSP position was established today on Pfizer Inc (PFE). All prices include IB commissions.










CriteriaValue
Dividend Champions StatusFallen Angel
Previous Years of Consecutive Dividend Increases41
Fair Value Estimate$27.00
Target Buy Price$20.00
Target Margin of Safety25.93%
Actual Buy Price$19.00
Actual Margin of Safety29.63%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011PFECSP Margin UsedCSP 200 PFE @ 19.00 ($3,800.00) 
5/23/2011PFEInitial Put OptionSTO 2 Aug11 19.00 Put @ 0.44  $88.32


Position Summary





Cost Basis($3,800.00)
Income Generated$88.32
Percent Income Generated2.32%
Annualized Income Generated9.64%
Net Profit If Assigned$88.32
Percent Return If Assigned2.32%
Annualized Return If Assigned9.64%
Days Held to Expiration88 days

NUE - New Position




A new CSP position was established today on Nucor Corporation (NUE). All prices include IB commissions.

This is the second position on NUE.










CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases38
Fair Value Estimate$58.00
Target Buy Price$35.00
Target Margin of Safety39.66%
Actual Buy Price$35.00
Actual Margin of Safety39.66%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011NUECSP Margin UsedCSP 100 NUE @ 35.00 ($3,500.00) 
5/23/2011NUEInitial Put OptionSTO 1 Oct11 35.00 Put @ 1.09  $108.98


Position Summary





Cost Basis($3,500.00)
Income Generated$108.98
Percent Income Generated3.11%
Annualized Income Generated7.53%
Net Profit If Assigned$108.98
Percent Return If Assigned3.11%
Annualized Return If Assigned7.53%
Days Held to Expiration151 days

LOW - New Position




A new CSP position was established today on Lowes Companies Inc (LOW) All prices include IB commissions.

This is the second position on LOW.










CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases48
Fair Value Estimate$36.00
Target Buy Price$25.00
Target Margin of Safety30.56%
Actual Buy Price$21.00
Actual Margin of Safety41.67%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011LOWCSP Margin UsedCSP 200 LOW @ 21.00 ($4,200.00) 
5/23/2011LOWInitial Put OptionSTO 2 Oct11 21.00 Put @ 0.56  $112.56


Position Summary





Cost Basis($4,200.00)
Income Generated$112.56
Percent Income Generated2.68%
Annualized Income Generated6.48%
Net Profit If Assigned$112.56
Percent Return If Assigned2.68%
Annualized Return If Assigned6.48%
Days Held to Expiration151 days

GE - New Position




A new CSP position was established today on General Electric (GE). All prices include IB commissions.










CriteriaValue
Dividend Champions StatusFallen Angel*
Previous Years of Consecutive Dividend Increases32**
Fair Value Estimate$25.00
Target Buy Price$20.00
Target Margin of Safety20.00%
Actual Buy Price$18.00
Actual Margin of Safety28.00%


*GE is what I classify as a Fallen Angel (i.e. former Dividend Champion). GE cut the dividend in 2009, but has since increased it in 2010 and 2011.
**Prior to cutting the dividend PFE had 32 years of consecutive dividend increases.







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011GECSP Margin UsedCSP 200 GE @ 18.00 ($3,600.00) 
5/23/2011GEInitial Put OptionSTO 2 Aug11 18.00 Put @ 0.50  $99.16


Position Summary





Cost Basis($3,600.00)
Income Generated$99.16
Percent Income Generated2.75%
Annualized Income Generated11.42%
Net Profit If Assigned$99.16
Percent Return If Assigned2.75%
Annualized Return If Assigned11.42%
Days Held to Expiration88 days


FDX - New Position




A new CSP position was established today on FedEx Corporation (FDX). All prices include IB commissions.










CriteriaValue
Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases9
Fair Value Estimate$112.00
Target Buy Price$78.40
Target Margin of Safety30.00%
Actual Buy Price$80.00
Actual Margin of Safety28.57%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011FDXCSP Margin UsedCSP 100 FDX @ 80.00 ($8,000.00) 
5/23/2011FDXInitial Put OptionSTO 1 Oct11 80.00 Put @ 2.55  $255.34


Position Summary





Cost Basis($8,000.00)
Income Generated$255.34
Percent Income Generated3.19%
Annualized Income Generated7.72%
Net Profit If Assigned$255.34
Percent Return If Assigned3.19%
Annualized Return If Assigned7.72%
Days Held to Expiration151 days

DOV - New Position




A new CSP position was established today on Dover Corp (DOV). All prices include IB commissions.










CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases55
Fair Value Estimate$77.00
Target Buy Price$55.00
Target Margin of Safety28.57%
Actual Buy Price$55.00
Actual Margin of Safety28.57%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011DOVCSP Margin UsedCSP 100 DOV @ 55.00 ($5,500.00) 
5/23/2011DOVInitial Put OptionSTO 1 Sep11 55.00 Put @ 1.39  $138.98


Position Summary





Cost Basis($5,500.00)
Income Generated$138.98
Percent Income Generated2.53%
Annualized Income Generated7.95%
Net Profit If Assigned$138.98
Percent Return If Assigned2.53%
Annualized Return If Assigned7.95%
Days Held to Expiration116 days

AVP - New Position




A new CSP position was established today on Avon Products Inc (AVP). All prices include IB commissions.










CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases22
Fair Value Estimate$36.00
Target Buy Price$25.00
Target Margin of Safety30.56%
Actual Buy Price$26.00
Actual Margin of Safety27.78%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011AVPCSP Margin UsedCSP 200 AVP @ 26.00 ($5,200.00) 
5/23/2011AVPInitial Put OptionSTO 2 Oct11 26.00 Put @ 0.82  $164.56


Position Summary





Cost Basis($5,200.00)
Income Generated$164.56
Percent Income Generated3.16%
Annualized Income Generated7.65%
Net Profit If Assigned$164.56
Percent Return If Assigned3.16%
Annualized Return If Assigned7.65%
Days Held to Expiration151 days

Sunday, May 22, 2011

GD - Closed




The General Dynamics Corporation (GD) May11 65.00 Call was excercised and the position was closed at a loss. All prices include IB commissions.

I entered this position on 4/28/10 by selling a $75 CSP, which was above my target buy price of $60. That was my first mistake. By 7/13/10, GD had declined to $60.56 and the Aug10 $75 Put was assigned. I held it uncovered for over a month. The price continued to decline until it hit a low of $55.87 on 8/31/10. On 9/1/10 I sold the Jan11 $65 Call. Then the stock start a long uptrend, surpassing the $65 strike. I continued to roll out the $65 Call but the stock kept rising. I finally decided to let it get called away at a loss on Friday. In hindsight, I should have had the patience to wait for GD to trade near my target buy price of $60, rather than enter at $75. But given the bad entry, I should have managed the position better also, by leaving it uncovered until I could sell the $75 call for a decent premium.

Position Summary





Cost Basis$7,500.00
Net Profit($313.26)
Percent Return-4.18%
Annualized Return-3.94%
Days Held to Expiration387 days


Trade History




















DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/28/2010GDCSP Margin UsedCSP 100 GD @ 75.00 ($7,500.00) 
4/28/2010GDInitial Put OptionSTO 1 May10 75.00 Put @ 0.99Closed $98.99
5/21/2010GDBuy Back and Roll Out/DownBTC 1 May10 75.00 Put @ -8.17  ($816.86)
5/21/2010GDInterim TradeSTO 1 Aug10 75.00 Put @ 9.98Exercised $998.14
7/13/2010GDCSP Margin ReturnedCSP 100 GD @ -75.00 $7,500.00 
7/13/2010GDStock AssignedEX 1 Aug10 75.00 Put @ -75.00 ($7,500.00) 
9/1/2010GDInterim TradeSTO 1 Jan11 65.00 Call @ 1.24Closed $123.99
11/12/2010GDDividend ReceivedDIV 100 Dividend @ 0.42  $42.00
12/21/2010GDBuy Back and Roll OutBTC 1 Jan11 65.00 Call @ -5.47  ($546.76)
12/21/2010GDInterim TradeSTO 1 May11 65.00 Call @ 6.98Exercised $698.24
2/4/2011GDDividend ReceivedDIV 100 Dividend @ 0.42  $42.00
5/6/2011GDDividend ReceivedDIV 100 Dividend @ 0.47  $47.00
5/20/2011GDOption ExercisedEX 1 May11 65.00 Call @ 65.00  $6,500.00
5/20/2011GD Net Cost/Profit-Loss ($7,500.00)($313.26)
DTE387 Percent Profit-Loss/Annualized -4.18%-3.94%

Thursday, May 19, 2011

NUE - New Position




A new CSP position was established today on Nucor Corporation (NUE). All prices include IB commissions.











CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases38
Years of Positive Free Cash Flow (last 10 years)10
Fair Value Estimate$58.00
Target Buy Price$35.00
Target Margin of Safety40.00%
Actual Buy Price$40.00
Actual Margin of Safety31.03%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/19/2011NUECSP Margin UsedCSP 100 NUE @ 40.00 ($4,000.00) 
5/19/2011NUEInitial Put OptionSTO 1 Jun11 40.00 Put @ 0.35  $34.98


Position Summary





Cost Basis($4,000.00)
Income Generated$34.98
Percent Income Generated0.87%
Annualized Income Generated11.01%
Net Profit If Assigned$34.98
Percent Return If Assigned0.87%
Annualized Return If Assigned11.01%
Days Held to Expiration29 days

LOW - Adjustment




The following adjustment was made today on Lowes Companies Inc (LOW). All prices include IB commissions.











CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases48
Years of Positive Free Cash Flow (last 10 years)10
Fair Value Estimate$36.00
Target Buy Price$25.00
Target Margin of Safety30.56%
Actual Buy Price$25.00
Actual Margin of Safety30.56%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/19/2011LOWBuy Back and Roll OutBTC 2 May11 25.00 Put @ -0.28 ($55.44) 
5/19/2011LOWContinued TradeSTO 2 Jun11 25.00 Put @ 0.69  $138.56


Current Position Summary





Cost Basis($5,000.00)
Income Generated$183.69
Percent Income Generated3.67%
Annualized Income Generated17.19%
Net Profit If Assigned$183.69
Percent Return If Assigned3.67%
Annualized Return If Assigned17.19%
Days Held to Expiration78 days


Trade History











DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
3/31/2011LOWCSP Margin UsedCSP 200 LOW @ 25.00 ($5,000.00) 
3/31/2011LOWInitial Put OptionSTO 2 May11 25.00 Put @ 0.50Closed $100.57
5/19/2011LOWBuy Back and Roll OutBTC 2 May11 25.00 Put @ -0.28  ($55.44)
5/19/2011LOWContinued TradeSTO 2 Jun11 25.00 Put @ 0.69  $138.56
6/17/2011LOW Totals ($5,000.00)$183.69
DTE78 Percent Income/Annualized 3.67%17.19%

ABT - New Position




A new CSP position was established today on Abbott Laboratories (ABT). All prices include IB commissions.

This is the second position on ABT. The first position is a CC.











CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases38
Years of Positive Free Cash Flow (last 10 years)10
Fair Value Estimate$68.00
Target Buy Price$55.00
Target Margin of Safety20.00%
Actual Buy Price$52.50
Actual Margin of Safety22.79%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/19/2011ABTCSP Margin UsedCSP 100 ABT @ 52.50 ($5,250.00) 
5/19/2011ABTInitial Put OptionSTO 1 Jun11 52.50 Put @ 0.55  $55.34


Position Summary





Cost Basis($5,250.00)
Income Generated$55.34
Percent Income Generated1.05%
Annualized Income Generated13.27%
Net Profit If Assigned$55.34
Percent Return If Assigned1.05%
Annualized Return If Assigned13.27%
Days Held to Expiration29 days

ABT - Adjustment




The following adjustment was made today on Abbott Laboratories (ABT). All prices include IB commissions.











CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases38
Years of Positive Free Cash Flow (last 10 years)10
Fair Value Estimate$68.00
Target Buy Price$54.00
Target Margin of Safety20.00%
Actual Buy Price$55.00
Actual Margin of Safety19.12%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/19/2011ABTBuy Back and Roll OutBTC 1 May11 52.50 Call @ -0.90  ($89.72)
5/19/2011ABTContinued TradeSTO 1 Jun11 52.50 Call @ 1.39  $138.98


Current Position Summary





Cost Basis($5,500.00)
Income Generated$664.79
Percent Income Generated12.09%
Annualized Income Generated8.63%
Net Profit If Assigned$414.79
Percent Return If Assigned7.54%
Annualized Return If Assigned5.39%
Days Held to Expiration511 days


Trade History
























1/22/2010ABTCSP Margin UsedCSP 100 ABT @ 55.00 ($5,500.00) 
1/22/2010ABTInitial Put OptionSTO 1 Feb10 55.00 Put @ 1.00Exercised $100.00
2/19/2010ABTCSP Margin ReturnedCSP 100 ABT @ -55.00 $5,500.00 
2/19/2010ABTStock AssignedEX 1 Feb10 55.00 Put @ -55.00 ($5,500.00) 
2/22/2010ABTContinued TradeSTO 1 Mar10 55.00 Call @ 0.60Expired $60.14
4/30/2010ABTContinued TradeSTO 1 May10 52.50 Call @ 0.31Closed $31.14
5/15/2010ABTDividend ReceivedDIV 100 Dividend @ 0.44  $44.00
5/21/2010ABTBuy Back and Roll Out/DownBTC 1 May10 52.50 Call @ -0.03  ($3.01)
5/21/2010ABTInterim TradeSTO 1 Aug10 50.00 Call @ 1.05Expired $104.99
8/15/2010ABTDividend ReceivedDIV 100 Dividend @ 0.44  $44.00
9/1/2010ABTContinued TradeSTO 1 Jan11 55.00 Call @ 0.76Closed $76.24
11/15/2010ABTDividend ReceivedDIV 100 Dividend @ 0.44  $44.00
12/21/2010ABTBuy BackBTC 1 Jan11 55.00 Call @ -0.03Expired ($2.96)
2/15/2011ABTDividend ReceivedDIV 100 Dividend @ 0.44  $44.00
4/6/2011ABTContinued TradeSTO 1 May11 52.50 Call @ 0.25Closed $24.99
5/16/2011ABTDividend ReceivedDIV 100 Dividend @ 0.48  $48.00
5/19/2011ABTBuy Back and Roll OutBTC 1 May11 52.50 Call @ -0.90  ($89.72)
5/19/2011ABTContinued TradeSTO 1 Jun11 52.50 Call @ 1.39  $138.98
6/17/2011ABT Totals ($5,500.00)$664.79
DTE511 Percent Income/Annualized 12.09%8.63%

Tuesday, May 3, 2011

TLT - Closed




The iShares 20+ Year Treasury Bond Fund (TLT) CSP position was closed today. All prices include IB commissions.

Position Summary





Cost Basis$17,600.00
Net Profit$97.61
Percent Return0.55%
Annualized Return6.13%
Days Held to Expiration33 days


Trade History











DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
3/31/2011TLTCSP Margin UsedCSP 200 TLT @ 88.00 ($17,600.00) 
3/31/2011TLTInitial Put OptionSTO 2 May11 88.00 Put @ 0.55Closed $110.57
5/3/2011TLTBuy to CloseBTC 2 May11 88.00 Put @ -0.06  ($12.96)
5/3/2011TLTCSP Margin ReturnedCSP 200 TLT @ -88.00  $17,600.00
5/3/2011TLT Net Cost/Profit-Loss ($17,600.00)$97.61
DTE33 Percent Profit-Loss/Annualized 0.55%6.13%

TLT - Closed




The iShares 20+ Year Treasury Bond Fund (TLT) CSP position was closed today. All prices include IB commissions.

Position Summary





Cost Basis$17,400.00
Net Profit$61.71
Percent Return0.35%
Annualized Return3.92%
Days Held to Expiration33 days


Trade History











DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
3/31/2011TLTCSP Margin UsedCSP 200 TLT @ 87.00 ($17,400.00) 
3/31/2011TLTInitial Put OptionSTO 2 May11 87.00 Put @ 0.36Closed $72.57
5/3/2011TLTBuy to CloseBTC 2 May11 87.00 Put @ -0.05  ($10.86)
5/3/2011TLTCSP Margin ReturnedCSP 200 TLT @ -87.00  $17,400.00
5/3/2011TLT Net Cost/Profit-Loss ($17,400.00)$61.71
DTE33 Percent Profit-Loss/Annualized 0.35%3.92%

TLT - Closed




The iShares 20+ Year Treasury Bond Fund (TLT) CSP position was closed today. All prices include IB commissions.

Position Summary





Cost Basis$17,200.00
Net Profit$41.61
Percent Return0.24%
Annualized Return2.68%
Days Held to Expiration33 days


Trade History











DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
3/31/2011TLTCSP Margin UsedCSP 200 TLT @ 86.00 ($17,200.00) 
3/31/2011TLTInitial Put OptionSTO 2 May11 86.00 Put @ 0.23Closed $46.57
5/3/2011TLTBuy to CloseBTC 2 May11 86.00 Put @ -0.02  ($4.96)
5/3/2011TLTCSP Margin ReturnedCSP 200 TLT @ -86.00  $17,200.00
5/3/2011TLT Net Cost/Profit-Loss ($17,200.00)$41.61
DTE33 Percent Profit-Loss/Annualized 0.24%2.68%

TLT - Closed




The iShares 20+ Year Treasury Bond Fund (TLT) CSP position was closed today. All prices include IB commissions.

Position Summary





Cost Basis$17,000.00
Net Profit$22.57
Percent Return0.13%
Annualized Return1.47%
Days Held to Expiration33 days


Trade History











DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
3/31/2011TLTCSP Margin UsedCSP 200 TLT @ 85.00 ($17,000.00) 
3/31/2011TLTInitial Put OptionSTO 2 May11 85.00 Put @ 0.12Closed $24.57
5/3/2011TLTBuy to CloseBTC 2 May11 85.00 Put @ -0.01  ($2.00)
5/3/2011TLTCSP Margin ReturnedCSP 200 TLT @ -85.00  $17,000.00
5/3/2011TLT Net Cost/Profit-Loss ($17,000.00)$22.57
DTE33 Percent Profit-Loss/Annualized 0.13%1.47%

AVP - Closed




The Avon Products Inc (AVP) CSP position was closed today. All prices include IB commissions.

Position Summary





Cost Basis$5,000.00
Net Profit$74.11
Percent Return1.48%
Annualized Return16.39%
Days Held to Expiration33 days


Trade History











DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
3/31/2011AVPCSP Margin UsedCSP 200 AVP @ 25.00 ($5,000.00) 
3/31/2011AVPInitial Put OptionSTO 2 May11 25.00 Put @ 0.43Closed $85.07
5/3/2011AVPBuy to CloseBTC 2 May11 25.00 Put @ -0.05  ($10.96)
5/3/2011AVPCSP Margin ReturnedCSP 200 AVP @ -25.00  $5,000.00
5/3/2011AVP Net Cost/Profit-Loss ($5,000.00)$74.11
DTE33 Percent Profit-Loss/Annualized 1.48%16.39%

ADP - Closed




The Automatic Data Processing (ADP) CC position was closed today. All prices include IB commissions.

Position Summary





Cost Basis$4,400.00
Net Profit$162.84
Percent Return3.70%
Annualized Return3.64%
Days Held to Expiration371 days


Trade History























DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/27/2010ADPCSP Margin UsedCSP 100 ADP @ 44.00 ($4,400.00) 
4/27/2010ADPInitial Put OptionSTO 1 May10 44.00 Put @ 0.49Closed $48.99
5/21/2010ADPBuy Back and Roll OutBTC 1 May10 44.00 Put @ -3.89  ($388.86)
5/21/2010ADPContinued TradeSTO 1 Aug10 44.00 Put @ 4.65Exercised $465.14
8/20/2010ADPCSP Margin ReturnedCSP 100 ADP @ -44.00 $4,400.00 
8/20/2010ADPStock AssignedEX 1 Aug10 44.00 Put @ -44.00 ($4,400.00) 
9/1/2010ADPInterim TradeSTO 1 Nov10 42.00 Call @ 0.45Closed $45.24
10/1/2010ADPDividend ReceivedDIV 100 Dividend @ 0.34  $34.00
11/18/2010ADPBuy Back and Roll Out/UpBTC 1 Nov10 42.00 Call @ -3.32  ($331.76)
11/18/2010ADPInterim TradeSTO 1 Feb11 43.00 Call @ 2.96Closed $296.24
1/3/2011ADPDividend ReceivedDIV 100 Dividend @ 0.36  $36.00
1/5/2011ADPBuy Back and Roll Out/UpBTC 1 Feb11 43.00 Call @ -4.68  ($467.76)
1/5/2011ADPContinued TradeSTO 1 Aug11 44.00 Call @ 4.72Closed $472.24
4/1/2011ADPDividend ReceivedDIV 100 Dividend @ 0.36  $36.00
5/3/2011ADPBuy to CloseBTC 1 Aug11 44.00 Call @ -11.41  ($1,140.98)
5/3/2011ADPSell to CloseSTC 100 ADP @ -54.58  $5,458.35
5/3/2011ADP Net Cost/Profit-Loss ($4,400.00)$162.84
DTE371 Percent Profit-Loss/Annualized 3.70%3.64%