Friday, April 30, 2010

Portfolio Changes Completed

This week I completed the last of the portfolio changes. My portfolio now consists of 26 positions, 24 equity positions in Dividend Champions, and 2 fixed income positions in US Treasuries.

Criteria for the 24 equity positions:

  • Dividend Champions Members = 16
  • Dividend Champions Contenders = 8
  • Average Years of Consecutive Dividend Increases = 33
  • Average Years of Positive Free Cash Flow (last 10 years) = 10

My asset allocation is currently:

  • Cash Position = 13.51%
  • Equity Positions = 70.85%
  • Fixed Income Positions = 15.64%

All 26 positions are for May expiration. I didn't want to go out any further than May since I'm going on vacation in June. I'll probably skip the June and July expiration's since I'll be out of the country until late July.

XOM - New Position




A new position was established today on Exxon Mobil Corp (XOM). All prices include IB commissions.

Criteria for Selection:


  • Dividend Champions Status = Member
  • Years of Consecutive Dividend Increases = 27
  • Years of Positive Free Cash Flow (last 10 years) = 10


NOTE: This is a consolidated position which uses the average starting date and combines the average cost basis, income received, and available cash from other positions which have been closed.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/30/2010XOMCSP Margin UsedCSP 100 XOM @ 67.50 ($6,750.00) 
4/30/2010XOMNew Cost Basis$12,702.00 100 @ 127.02   
4/30/2010XOMContinued TradeSTO 1 May10 67.50 Put @ 1.15  $114.99


Current Position Summary





Cost Basis$12,702.00
Income Generated$2,969.81
Percent Income Generated23.38%
Annualized Income Generated8.53%
Net Profit If Assigned($2,982.19)
Percent Return If Assigned-23.48%
Annualized Return If Assigned-8.56%
Days Held to Expiration1001 days


Trade History














DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2007 Average Starting DateConsolidated Position   
4/30/2010 Average Cost Basis 170 @ 76.61 ($13,023.00) 
4/30/2010 Average Income 2 Income @ 16.79  $2,854.82
4/30/2010 Average Available Cash 170 @ -41.59 $7,071.00 
4/30/2010XOMCSP Margin UsedCSP 100 XOM @ 67.50 ($6,750.00) 
4/30/2010XOMNew Cost Basis$12,702.00 100 @ 127.02   
4/30/2010XOMContinued TradeSTO 1 May10 67.50 Put @ 1.15  $114.99
5/21/2010XOM Totals ($12,702.00)$2,969.81
DTE1001 Percent Income/Annualized 23.38%8.53%

VFC - New Position




A new position was established today on V F Corp (VFC). All prices include IB commissions.

Criteria for Selection:


  • Dividend Champions Status = Member
  • Years of Consecutive Dividend Increases = 37
  • Years of Positive Free Cash Flow (last 10 years) = 10


NOTE: This is a consolidated position which uses the average starting date and combines the average cost basis, income received, and available cash from other positions which have been closed.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/30/2010VFCCSP Margin UsedCSP 100 VFC @ 85.00 ($8,500.00) 
4/30/2010VFCNew Cost Basis$14,190.00 100 @ 141.90   
4/30/2010VFCContinued TradeSTO 1 May10 85.00 Put @ 0.99  $99.14


Current Position Summary





Cost Basis$14,190.00
Income Generated$3,559.14
Percent Income Generated25.08%
Annualized Income Generated9.15%
Net Profit If Assigned($2,130.86)
Percent Return If Assigned-15.02%
Annualized Return If Assigned-5.48%
Days Held to Expiration1001 days


Trade History














DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2007 Average Starting DateConsolidated Position   
4/30/2010 Average Cost Basis 170 @ 76.71 ($13,040.00) 
4/30/2010 Average Income 2 Income @ 20.35  $3,460.00
4/30/2010 Average Available Cash 170 @ -43.24 $7,350.00 
4/30/2010VFCCSP Margin UsedCSP 100 VFC @ 85.00 ($8,500.00) 
4/30/2010VFCNew Cost Basis$14,190.00 100 @ 141.90   
4/30/2010VFCContinued TradeSTO 1 May10 85.00 Put @ 0.99  $99.14
5/21/2010VFC Totals ($14,190.00)$3,559.14
DTE1001 Percent Income/Annualized 25.08%9.15%

CVX - New Position




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

Criteria for Selection:


  • Dividend Champions Status = Contender
  • Years of Consecutive Dividend Increases = 22
  • Years of Positive Free Cash Flow (last 10 years) = 9


NOTE: This is a consolidated position which uses the average starting date and combines the average cost basis, income received, and available cash from other positions which have been closed.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/30/2010CVXCSP Margin UsedCSP 100 CVX @ 80.00 ($8,000.00) 
4/30/2010CVXNew Cost Basis$13,690.00 100 @ 136.90   
4/30/2010CVXContinued TradeSTO 1 May10 80.00 Put @ 1.19  $119.14


Current Position Summary





Cost Basis$13,690.00
Income Generated$3,579.14
Percent Income Generated26.14%
Annualized Income Generated9.53%
Net Profit If Assigned($2,110.86)
Percent Return If Assigned-15.42%
Annualized Return If Assigned-5.62%
Days Held to Expiration1001 days


Trade History














DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2007 Average Starting DateConsolidated Position   
4/30/2010 Average Cost Basis 170 @ 76.71 ($13,040.00) 
4/30/2010 Average Income 2 Income @ 20.35  $3,460.00
4/30/2010 Average Available Cash 170 @ -43.24 $7,350.00 
4/30/2010CVXCSP Margin UsedCSP 100 CVX @ 80.00 ($8,000.00) 
4/30/2010CVXNew Cost Basis$13,690.00 100 @ 136.90   
4/30/2010CVXContinued TradeSTO 1 May10 80.00 Put @ 1.19  $119.14
5/21/2010CVX Totals ($13,690.00)$3,579.14
DTE1001 Percent Income/Annualized 26.14%9.53%

AVP - New Position




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

Criteria for Selection:


  • Dividend Champions Status = Contender
  • Years of Consecutive Dividend Increases = 21
  • Years of Positive Free Cash Flow (last 10 years) = 10


NOTE: This is a consolidated position which uses the average starting date and combines the average cost basis, income received, and available cash from other positions which have been closed.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/30/2010AVPCSP Margin UsedCSP 200 AVP @ 32.00 ($6,400.00) 
4/30/2010AVPNew Cost Basis$12,090.00 200 @ 60.45   
4/30/2010AVPContinued TradeSTO 2 May10 75.00 Put @ 0.85  $170.87


Current Position Summary





Cost Basis$12,090.00
Income Generated$3,630.87
Percent Income Generated30.03%
Annualized Income Generated10.95%
Net Profit If Assigned($2,059.13)
Percent Return If Assigned-17.03%
Annualized Return If Assigned-6.21%
Days Held to Expiration1001 days


Trade History














DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2007 Average Starting DateConsolidated Position   
4/30/2010 Average Cost Basis 170 @ 76.71 ($13,040.00) 
4/30/2010 Average Income 2 Income @ 20.35  $3,460.00
4/30/2010 Average Available Cash 170 @ -43.24 $7,350.00 
4/30/2010AVPCSP Margin UsedCSP 200 AVP @ 32.00 ($6,400.00) 
4/30/2010AVPNew Cost Basis$12,090.00 200 @ 60.45   
4/30/2010AVPContinued TradeSTO 2 May10 75.00 Put @ 0.85  $170.87
5/21/2010AVP Totals ($12,090.00)$3,630.87
DTE1001 Percent Income/Annualized 30.03%10.95%

UTX - Adjustment




The following adjustment was made today on United Technologies (UTX). All prices include IB commissions.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/30/2010UTXCSP Margin UsedCSP 100 UTX @ 75.00 ($7,500.00) 
4/30/2010UTXNew Cost Basis$10,024.00 100 @ 100.24   
4/30/2010UTXContinued TradeSTO 1 May10 75.00 Put @ 1.77  $176.99


Current Position Summary





Cost Basis$10,024.00
Income Generated$1,229.23
Percent Income Generated12.26%
Annualized Income Generated5.98%
Net Profit If Assigned($1,294.77)
Percent Return If Assigned-12.92%
Annualized Return If Assigned-6.29%
Days Held to Expiration749 days


Trade History






















































DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/2/2008UTXInitial Stock PositionBTO 100 UTX @ 75.24Called($7,524.00) 
5/2/2008UTXInitial Call OptionSTO 1 Jun08 75.00 Call @ 2.37Expired $237.00
6/10/2008UTXDividend ReceivedDIV 100 Dividend @ 0.32  $32.00
7/7/2008UTXInterim TradeSTO 1 Aug08 70.00 Call @ 0.26Expired $26.00
8/22/2008UTXInterim TradeSTO 1 Sep08 70.00 Call @ 0.35Closed $35.00
9/10/2008UTXDividend ReceivedDIV 100 Dividend @ 0.32  $32.00
9/12/2008UTXBuy Back & Roll OutBTC 1 Sep08 70.00 Call @ -0.06  ($6.00)
9/12/2008UTXInterim TradeSTO 1 Oct08 70.00 Call @ 0.69Expired $69.00
10/20/2008UTXInterim TradeSTO 1 Nov08 60.00 Call @ 0.39Expired $39.00
11/24/2008UTXInterim TradeSTO 1 Dec08 55.00 Call @ 0.79Expired $79.00
12/10/2008UTXDividend ReceivedDIV 100 Dividend @ 0.39  $38.50
12/22/2008UTXInterim TradeSTO 1 Feb09 60.00 Call @ 0.60Closed $60.00
1/23/2009UTXBuy Back and Roll DownBTC 1 Feb09 60.00 Call @ -0.06  ($6.00)
1/23/2009UTXInterim TradeSTO 1 Feb09 50.00 Call @ 0.90Expired $90.30
2/24/2009UTXInterim TradeSTO 1 Mar09 45.00 Call @ 0.88Expired $88.00
3/10/2009UTXDividend ReceivedDIV 100 Dividend @ 0.39  $38.50
3/24/2009UTXInterim TradeSTO 1 Apr09 45.00 Call @ 1.20Closed $120.30
4/16/2009UTXBuy Back and Roll OutBTC 1 Apr09 45.00 Call @ -2.90  ($290.00)
4/16/2009UTXInterim TradeSTO 1 May09 45.00 Call @ 3.89Closed $389.00
5/4/2009UTXBuy Back and Roll OutBTC 1 May09 45.00 Call @ -6.20  ($620.00)
5/4/2009UTXInterim TradeSTO 1 Jun09 45.00 Call @ 6.40Closed $640.00
6/10/2009UTXDividend ReceivedDIV 100 Dividend @ 0.39  $38.50
6/18/2009UTXBuy Back and Roll OutBTC 1 Jun09 45.00 Call @ -10.21  ($1,021.00)
6/18/2009UTXInterim TradeSTO 1 Aug09 45.00 Call @ 10.39Closed $1,039.00
8/11/2009UTXBuy Back and Roll Out/UpBTC 1 Aug09 45.00 Call @ -10.91  ($1,090.70)
8/11/2009UTXInterim TradeSTO 1 Sep09 50.00 Call @ 5.90Exercised $590.30
8/18/2009UTXOption ExercisedEX 1 Sep09 50.00 Call @ 50.00 $5,000.00 
9/2/2009UTXCSP Margin UsedCSP 100 UTX @ 55.00 ($5,500.00) 
9/2/2009UTXNewCost Basis$8,024.00 100 @ 80.24   
9/2/2009UTXContinued TradeSTO 1 Oct09 55.00 Put @ 1.06Expired $105.70
10/16/2009UTXCSP Margin ReturnedCSP 100 UTX @ -55.00 $5,500.00 
10/21/2009UTXCSP Margin UsedCSP 100 UTX @ 65.00 ($6,500.00) 
10/21/2009UTXNew Cost Basis$9,024.00 100 @ 90.24   
10/21/2009UTXContinued TradeSTO 1 Nov09 65.00 Put @ 1.23Expired $122.70
11/20/2009UTXCSP Margin ReturnedCSP 100 UTX @ -65.00 $6,500.00 
11/24/2009UTXCSP Margin UsedCSP 100 UTX @ 65.00 ($6,500.00) 
11/24/2009UTXContinued TradeSTO 1 Dec09 65.00 Put @ 0.45Expired $45.00
12/18/2009UTXCSP Margin ReturnedCSP 100 UTX @ -65.00 $6,500.00 
12/28/2009UTXCSP Margin UsedCSP 100 UTX @ 65.00 ($6,500.00) 
12/28/2009UTXContinued TradeSTO 1 Feb10 65.00 Put @ 0.90Expired $90.00
2/19/2010UTXCSP Margin ReturnedCSP 100 UTX @ -65.00 $6,500.00 
2/22/2010UTXCSP Margin UsedCSP 100 UTX @ 65.00 ($6,500.00) 
2/22/2010UTXContinued TradeSTO 1 Mar10 65.00 Put @ 0.41Expired $41.14
2/19/2010UTXCSP Margin ReturnedCSP 100 UTX @ -65.00 $6,500.00 
4/30/2010UTXCSP Margin UsedCSP 100 UTX @ 75.00 ($7,500.00) 
4/30/2010UTXNew Cost Basis$10,024.00 100 @ 100.24   
4/30/2010UTXContinued TradeSTO 1 May10 75.00 Put @ 1.77  $176.99
5/21/2010UTX Totals ($10,024.00)$1,229.23
DTE749 Percent Income/Annualized 12.26%5.98%

ABT - Adjustment




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






DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/30/2010ABTContinued TradeSTO 1 May10 52.50 Call @ 0.31  $31.14


Current Position Summary





Cost Basis$5,500.00
Income Generated$191.28
Percent Income Generated3.48%
Annualized Income Generated10.67%
Net Profit If Assigned($58.72)
Percent Return If Assigned-1.07%
Annualized Return If Assigned-3.27%
Days Held to Expiration119 days


Trade History













DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
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 
2/19/2010ABTOption ExercisedEX 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 @ 0.31  $31.14
5/21/2010ABT Totals ($5,500.00)$191.28
DTE119 Percent Income/Annualized 3.48%10.67%

Wednesday, April 28, 2010

GD - New Position




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

Criteria for Selection:


  • Dividend Champions Status = Contender
  • Years of Consecutive Dividend Increases = 17
  • Years of Positive Free Cash Flow (last 10 years) = 10


NOTE: This is a consolidated position which uses the average starting date and combines the average cost basis, income received, and available cash from other positions which have been closed.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/28/2010GDCSP Margin UsedCSP 100 GD @ 75.00 ($7,500.00) 
4/28/2010GDNew Cost Basis$13,190.00 100 @ 131.90   
4/28/2010GDContinued TradeSTO 1 May10 75.00 Put @ 0.99  $98.99


Current Position Summary





Cost Basis$13,190.00
Income Generated$3,558.99
Percent Income Generated26.98%
Annualized Income Generated9.84%
Net Profit If Assigned($2,131.01)
Percent Return If Assigned-16.16%
Annualized Return If Assigned-5.89%
Days Held to Expiration1001 days


Trade History














DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2007 Average Starting DateConsolidated Position   
4/28/2010 Average Cost Basis 170 @ 76.71 ($13,040.00) 
4/28/2010 Average Income 2 Income @ 20.35  $3,460.00
4/28/2010 Average Available Cash 170 @ -43.24 $7,350.00 
4/28/2010GDCSP Margin UsedCSP 100 GD @ 75.00 ($7,500.00) 
4/28/2010GDNew Cost Basis$13,190.00 100 @ 131.90   
4/28/2010GDContinued TradeSTO 1 May10 75.00 Put @ 0.99  $98.99
5/21/2010GD Totals ($13,190.00)$3,558.99
DTE1001 Percent Income/Annualized 26.98%9.84%

Tuesday, April 27, 2010

ADP - Adjustment




The following adjustment was made today on Automatic Data Processing (ADP). All prices include IB commissions.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/27/2010ADPCSP Margin UsedCSP 100 ADP @ 44.00 ($4,400.00) 
4/27/2010ADPNew Cost Basis$5,108.00 100 @ 51.08   
4/27/2010ADPContinued TradeSTO 1 May10 44.00 Put @ 0.49  $48.99


Current Position Summary





Cost Basis$5,108.00
Income Generated$1,258.37
Percent Income Generated24.64%
Annualized Income Generated14.86%
Net Profit If Assigned$550.37
Percent Return If Assigned10.77%
Annualized Return If Assigned6.50%
Days Held to Expiration605 days


Trade History














































DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/23/2008ADPInitial Stock PositionBTO 100 ADP @ 43.08Called($4,308.00) 
9/23/2008ADPInitial Call OptionSTO 1 Oct08 42.50 Call @ 1.75Expired $175.00
10/20/2008ADPInterim TradeSTO 1 Nov08 37.50 Call @ 0.84Expired $84.00
11/24/2008ADPInterim TradeSTO 1 Dec08 40.00 Call @ 0.46Expired $46.00
12/22/2008ADPContinued TradeSTO 1 Feb09 42.50 Call @ 0.91Expired $91.00
1/1/2009ADPDividend ReceivedDIV 100 Dividend @ 0.33  $33.00
2/24/2009ADPInterim TradeSTO 1 Apr09 37.50 Call @ 0.75Expired $75.00
4/1/2009ADPDividend ReceivedDIV 100 Dividend @ 0.33  $33.00
4/21/2009ADPInterim TradeSTO 1 May09 39.00 Call @ 0.34Expired $34.00
5/18/2009ADPInterim TradeSTO 1 Jun09 37.00 Call @ 0.59Closed $59.00
6/8/2009ADPBuy Back and Roll OutBTC 1 Jun09 37.00 Call @ -1.30  ($130.00)
6/8/2009ADPInterim TradeSTO 1 Jul09 37.00 Call @ 1.74Expired $174.00
7/1/2009ADPDividend ReceivedDIV 100 Dividend @ 0.33  $33.00
7/23/2009ADPContinued TradeSTO 1 Aug09 37.50 Call @ 0.36Closed $36.00
8/11/2009ADPBuy Back and Roll OutBTC 1 Aug09 37.50 Call @ -0.76  ($76.00)
8/11/2009ADPContinued TradeSTO 1 Sep09 37.00 Call @ 1.43Exercised $143.30
9/8/2009ADPOption ExercisedEX 1 Sep09 37.00 Call @ 37.00 $3,700.00 
9/10/2009ADPCSP Margin UsedCSP 100 ADP @ 37.00 ($3,700.00) 
9/10/2009ADPContinued TradeSTO 1 Oct09 37.00 Put @ 0.62Expired $62.30
10/16/2009ADPCSP Margin ReturnedCSP 100 ADP @ -37.00 $3,700.00 
10/20/2009ADPCSP Margin UsedCSP 100 ADP @ 39.00 ($3,900.00) 
10/20/2009ADPNew Cost Basis$4,508.00 100 @ 45.08   
10/20/2009ADPContinued TradeSTO 1 Nov09 39.00 Put @ 0.53Expired $53.25
11/20/2009ADPCSP Margin ReturnedCSP 100 ADP @ -39.00 $3,900.00 
11/24/2009ADPCSP Margin UsedCSP 100 ADP @ 43.00 ($4,300.00) 
11/24/2009ADPNew Cost Basis$4,908.00 100 @ 49.08   
11/24/2009ADPContinued TradeSTO 1 Dec09 43.00 Put @ 0.52Exercised $51.75
12/18/2009ADPCSP Margin ReturnedCSP 100 ADP @ -43.00 $4,300.00 
12/18/2009ADPOption ExercisedEX 1 Dec09 43.00 Put @ -43.00 ($4,300.00) 
12/21/2009ADPContinued TradeSTO 1 Feb10 43.00 Call @ 1.19Expired $119.25
2/22/2010ADPContinued TradeSTO 1 Mar10 42.00 Call @ 0.56Exercised $55.54
3/9/2010ADPOption ExercisedEX 1 Mar10 42.00 Call @ 42.00 $4,200.00 
3/10/2010ADPCSP Margin UsedCSP 100 ADP @ 43.00 ($4,300.00) 
3/10/2010ADPNew Cost Basis$5,008.00 100 @ 50.08   
3/10/2010ADPContinued TradeSTO 1 Apr10 43.00 Put @ 0.57Expired $56.99
4/16/2010ADPCSP Margin ReturnedCSP 100 ADP @ -43.00 $4,300.00 
4/27/2010ADPCSP Margin UsedCSP 100 ADP @ 44.00 ($4,400.00) 
4/27/2010ADPNew Cost Basis$5,108.00 100 @ 51.08   
4/27/2010ADPContinued TradeSTO 1 May10 44.00 Put @ 0.49  $48.99
5/21/2010ADP Totals ($5,108.00)$1,258.37
DTE605 Percent Income/Annualized 24.64%14.86%

Friday, April 23, 2010

EXPD - New Position




A new position was established today on Expeditors International of Washington Inc (EXPD). All prices include IB commissions.

Criteria for Selection:


  • Dividend Champions Status = Contender
  • Years of Consecutive Dividend Increases = 15
  • Years of Positive Free Cash Flow (last 10 years) = 10


NOTE: This is a consolidated position which uses the average starting date and combines the average cost basis, income received, and available cash from other positions which have been closed.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/23/2010EXPDCSP Margin UsedCSP 100 EXPD @ 40.00 ($4,000.00) 
4/23/2010EXPDNew Cost Basis$9,690.00 100 @ 96.90   
4/23/2010EXPDContinued TradeSTO 1 May10 40.00 Put @ 1.15  $114.54


Current Position Summary





Cost Basis$9,690.00
Income Generated$3,574.54
Percent Income Generated36.89%
Annualized Income Generated13.45%
Net Profit If Assigned($2,115.46)
Percent Return If Assigned-21.83%
Annualized Return If Assigned-7.96%
Days Held to Expiration1001 days


Trade History














DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2007 Average Starting DateConsolidated Position   
4/23/2010 Average Cost Basis 170 @ 76.71 ($13,040.00) 
4/23/2010 Average Income 2 Income @ 20.35  $3,460.00
4/23/2010 Average Available Cash 170 @ -43.24 $7,350.00 
4/23/2010EXPDCSP Margin UsedCSP 100 EXPD @ 40.00 ($4,000.00) 
4/23/2010EXPDNew Cost Basis$9,690.00 100 @ 96.90   
4/23/2010EXPDContinued TradeSTO 1 May10 40.00 Put @ 1.15  $114.54
5/21/2010EXPD Totals ($9,690.00)$3,574.54
DTE1001 Percent Income/Annualized 36.89%13.45%

Thursday, April 22, 2010

TLT - Adjustment




The following adjustment was made on today on iShares Trust Barclays 20 Year Treasury Bond Fund (TLT). All prices include IB commissions.






DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/22/2010TLTInterim TradeSTO 4 May10 92.00 Call @ 0.33  $133.14


Current Position Summary





Cost Basis$42,921.00
Income Generated$5,181.35
Percent Income Generated12.07%
Annualized Income Generated8.56%
Net Profit If Assigned($939.65)
Percent Return If Assigned-2.19%
Annualized Return If Assigned-1.55%
Days Held to Expiration515 days


Trade History























































DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
12/22/2008TLTFirst Stock PositionBTO 100 TLT @ 121.03 ($12,103.00) 
12/22/2008TLTInitial Call OptionSTO 1 Jan09 121.00 Call @ 3.39Expired $339.00
1/2/2009TLTDividend ReceivedDIV 100 Dividend @ 0.41  $40.51
1/20/2009TLTInterim TradeSTO 1 Feb09 113.00 Call @ 1.39Expired $139.00
2/24/2009TLTInterim TradeSTO 2 Mar09 110.00 Call @ 1.09Expired $218.60
1/22/2009TLTSecond Stock PositionBTO 100 TLT @ 108.96 ($10,896.00) 
1/22/2009TLTNew Cost Basis$22,999.00 200 @ 115.00   
1/22/2009TLTInitial Call OptionSTO 1 Feb09 109.00 Call @ 2.84Expired $283.82
2/6/2009TLTDividend ReceivedDIV 200 Dividend @ 0.29  $57.05
2/24/2009TLTThird Stock PositionBTO 100 TLT @ 106.22 ($10,622.00) 
2/24/2009TLTNew Cost Basis$33,621.00 300 @ 112.07   
2/24/2009TLTInitial Call OptionSTO 1 Mar09 106.00 Call @ 2.59  $259.00
3/6/2009TLTDividend ReceivedDIV 300 Dividend @ 0.28  $84.65
3/24/2009TLTInterim TradeSTO 3 Apr09 105.00 Call @ 0.79Expired $237.90
4/7/2009TLTDividend ReceivedDIV 300 Dividend @ 0.30  $90.64
5/7/2009TLTDividend ReceivedDIV 300 Dividend @ 0.30  $89.00
5/15/2009TLTInterim TradeSTO 3 Jun09 100.00 Call @ 1.09Closed $327.36
6/5/2009TLTBuy Back and Roll DownBTC 3 Jun09 100.00 Call @ -0.06  ($16.50)
6/5/2009TLTInterim TradeSTO 3 Jun09 94.00 Call @ 0.29Expired $87.90
6/5/2009TLTDividend ReceivedDIV 300 Dividend @ 0.31  $91.63
6/24/2009TLTInterim TradeSTO 3 Jul09 96.00 Call @ 0.64Expired $192.90
7/8/2009TLTDividend ReceivedDIV 300 Dividend @ 0.30  $91.00
8/7/2009TLTDividend ReceivedDIV 300 Dividend @ 0.32  $95.55
8/12/2009TLTInterim TradeSTO 3 Sep09 96.00 Call @ 0.79Closed $237.90
9/8/2009TLTDividend ReceivedDIV 300 Dividend @ 0.31  $92.24
9/18/2009TLTBuy Back and Roll UpBTC 3 Sep09 96.00 Call @ -0.06  ($16.50)
9/18/2009TLTInterim TradeSTO 3 Oct09 97.00 Call @ 1.04Expired $312.90
9/25/2009TLTCSP Margin UsedCSP 100 TLT @ 94.00 ($9,400.00) 
9/25/2010TLTNew Cost Basis$43,021.00 400 @ 107.55   
9/25/2009TLTInitial Put OptionSTO 1 Nov09 94.00 Put @ 1.19Expired $119.00
10/7/2009TLTDividend ReceivedDIV 300 Dividend @ 0.31  $92.18
10/20/2009TLTInterim TradeSTO 3 Nov09 98.00 Call @ 0.90Expired $268.80
11/6/2009TLTDividend ReceivedDIV 300 Dividend @ 0.31  $92.49
11/20/2009TLTCSP Margin ReturnedCSP 100 TLT @ -94.00 $9,400.00 
11/23/2009TLTCSP Margin UsedCSP 100 TLT @ 93.00 ($9,300.00) 
11/23/2009TLTNew Cost Basis$42,921.00 400 @ 107.30   
11/23/2009TLTContinued TradeSTO 1 Jan10 93.00 Put @ 1.35Exercised $134.75
11/24/2009TLTInterim TradeSTO 3 Jan10 98.00 Call @ 0.60Expired $180.15
12/7/2009TLTDividend ReceivedDIV 300 Dividend @ 0.31  $91.98
1/5/2010TLTDividend ReceivedDIV 300 Dividend @ 0.32  $95.46
1/15/2010TLTCSP Margin ReturnedCSP 100 TLT @ -93.00 $9,300.00 
1/15/2010TLTFourth Stock PositionEX 1 Jan10 93.00 Put @ -93.00 ($9,300.00) 
1/15/2010TLTNew Cost Basis$42,921.00 400 @ 107.30   
1/21/2010TLTInterim TradeSTO 4 Mar10 94.00 Call @ 0.65Expired $259.40
2/5/2010TLTDividend ReceivedDIV 400 Dividend @ 0.32  $129.92
3/5/2010TLTDividend ReceivedDIV 400 Dividend @ 0.29  $115.86
4/8/2010TLTDividend ReceivedDIV 400 Dividend @ 0.33  $132.67
4/22/2010TLTInterim TradeSTO 4 May10 92.00 Call @ 0.33  $133.14
5/21/2010TLT Totals ($42,921.00)$5,181.35
DTE515 Percent Income/Annualized 12.07%8.56%

TBT - Adjustment




The following adjustment was made on today on ProShares UltraShort 20+ Year Treasury (TBT). All prices include IB commissions.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/22/2010TBTCSP Margin UsedCSP 200 TBT @ 46.00 ($9,200.00) 
4/22/2010TBTNew Cost Basis$9,200.00 200 @ 46.00   
4/22/2010TBTContinued TradeSTO 2 May10 46.00 Put @ 0.55  $110.57


Current Position Summary





Cost Basis$9,200.00
Income Generated$397.22
Percent Income Generated4.32%
Annualized Income Generated6.62%
Net Profit If Assigned$397.22
Percent Return If Assigned4.32%
Annualized Return If Assigned6.62%
Days Held to Expiration238 days


Trade History





















DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/25/2009TBTCSP Margin UsedCSP 100 TBT @ 43.00 ($4,300.00) 
9/25/2009TBTInitial Put OptionSTO 1 Nov09 43.00 Put @ 1.24Expired $124.00
11/20/2009TBTCSP Margin ReturnedCSP 100 TBT @ -43.00 $4,300.00 
11/23/2009TBTCSP Margin UsedCSP 100 TBT @ 44.00 ($4,400.00) 
11/23/2009TBTNew Cost Basis$4,400.00 100 @ 44.00   
11/23/2009TBTContinued TradeSTO 1 Jan10 44.00 Put @ 0.90Expired $90.00
1/15/2010TBTCSP Margin ReturnedCSP 100 TBT @ -44.00 $4,400.00 
1/21/2010TBTCSP Margin UsedCSP 100 TBT @ 45.00 ($4,500.00) 
1/21/2010TBTNew Cost Basis$4,500.00 100 @ 45.00   
1/21/2010TBTContinued TradeSTO 1 Mar10 45.00 Put @ 0.73Expired $72.65
1/15/2010TBTCSP Margin ReturnedCSP 100 TBT @ -45.00 $4,500.00 
4/22/2010TBTCSP Margin UsedCSP 200 TBT @ 46.00 ($9,200.00) 
4/22/2010TBTNew Cost Basis$9,200.00 200 @ 46.00   
4/22/2010TBTContinued TradeSTO 2 May10 46.00 Put @ 0.55  $110.57
5/21/2010TBT Totals ($9,200.00)$397.22
DTE238 Percent Income/Annualized 4.32%6.62%

PEP - New Position




A new position was established today on PepsiCo Inc (PEP). All prices include IB commissions.

Criteria for Selection:


  • Dividend Champions Status = Member
  • Years of Consecutive Dividend Increases = 38
  • Years of Positive Free Cash Flow (last 10 years) = 10


NOTE: This is a consolidated position which uses the average starting date and combines the average cost basis, income received, and available cash from other positions which have been closed.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/22/2010PEPCSP Margin UsedCSP 100 PEP @ 65.00 ($6,500.00) 
4/22/2010PEPNew Cost Basis$12,190.00 100 @ 121.90  $114.99
4/22/2010PEPContinued TradeSTO 1 May10 65.00 Put @ 1.15   


Current Position Summary





Cost Basis$12,190.00
Income Generated$3,574.99
Percent Income Generated29.33%
Annualized Income Generated10.69%
Net Profit If Assigned($2,115.01)
Percent Return If Assigned-17.35%
Annualized Return If Assigned-6.33%
Days Held to Expiration1001 days


Trade History














DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2007 Average Starting DateConsolidated Position   
4/22/2010 Average Cost Basis 170 @ 76.71 ($13,040.00)$3,460.00
4/22/2010 Average Income 2 Income @ 20.35   
4/22/2010 Average Available Cash 170 @ -43.24 $7,350.00 
4/22/2010PEPCSP Margin UsedCSP 100 PEP @ 65.00 ($6,500.00) 
4/22/2010PEPNew Cost Basis$12,190.00 100 @ 121.90  $114.99
4/22/2010PEPContinued TradeSTO 1 May10 65.00 Put @ 1.15   
5/21/2010PEP Totals ($12,190.00)$3,574.99
DTE1001 Percent Income/Annualized 29.33%10.69%

NUE - New Position




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

Criteria for Selection:


  • Dividend Champions Status = Member
  • Years of Consecutive Dividend Increases = 37
  • Years of Positive Free Cash Flow (last 10 years) = 10


NOTE: This is a consolidated position which uses the average starting date and combines the average cost basis, income received, and available cash from other positions which have been closed.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/22/2010 CSP Margin UsedCSP 100 NUE @ 44.00 ($4,400.00) 
4/22/2010NUENew Cost Basis$10,090.00 100 @ 100.90   
4/22/2010NUEContinued TradeSTO 1 May10 44.00 Put @ 1.05  $104.99


Current Position Summary





Cost Basis$10,090.00
Income Generated$3,564.99
Percent Income Generated35.33%
Annualized Income Generated12.88%
Net Profit If Assigned($2,125.01)
Percent Return If Assigned-21.06%
Annualized Return If Assigned-7.68%
Days Held to Expiration1001 days


Trade History














DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2007 Average Starting DateConsolidated Position   
4/22/2010 Average Cost Basis 170 @ 76.71 ($13,040.00) 
4/22/2010 Average Income 2 Income @ 20.35  $3,460.00
4/22/2010 Average Available Cash 170 @ -43.24 $7,350.00 
4/22/2010 CSP Margin UsedCSP 100 NUE @ 44.00 ($4,400.00) 
4/22/2010NUENew Cost Basis$10,090.00 100 @ 100.90   
4/22/2010NUEContinued TradeSTO 1 May10 44.00 Put @ 1.05  $104.99
5/21/2010NUE Totals ($10,090.00)$3,564.99
DTE1001 Percent Income/Annualized 35.33%12.88%

Wednesday, April 21, 2010

SYK - New Position




A new position was established today on Stryker Corp (SYK). All prices include IB commissions.

Criteria for Selection:


  • Dividend Champions Status = Contender
  • Years of Consectutive Dividend Increases = 17
  • Years of Positive Free Cash Flow (last 10 years) = 10


NOTE: This is a consolidated position which uses the average starting date and combines the average cost basis, income received, and available cash from other positions which have been closed.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/21/2010SYKCSP Margin UsedCSP 100 SYK @ 55.00 ($5,500.00) 
4/21/2010SYKNew Cost Basis$11,190.00 100 @ 111.90   
4/21/2010SYKContinued TradeSTO 1 May10 55.00 Put @ 0.27  $27.14


Current Position Summary





Cost Basis$11,190.00
Income Generated$3,487.14
Percent Income Generated31.16%
Annualized Income Generated11.36%
Net Profit If Assigned($2,202.86)
Percent Return If Assigned-19.69%
Annualized Return If Assigned-7.18%
Days Held to Expiration1001 days


Trade History














DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2007 Average Starting DateConsolidated Position   
4/21/2010 Average Cost Basis 170 @ 76.71 ($13,040.00) 
4/21/2010 Average Income 2 Income @ 20.35  $3,460.00
4/21/2010 Average Available Cash 170 @ -43.24 $7,350.00 
4/21/2010SYKCSP Margin UsedCSP 100 SYK @ 55.00 ($5,500.00) 
4/21/2010SYKNew Cost Basis$11,190.00 100 @ 111.90   
4/21/2010SYKContinued TradeSTO 1 May10 55.00 Put @ 0.27  $27.14
5/21/2010SYK Totals ($11,190.00)$3,487.14
DTE1001 Percent Income/Annualized 31.16%11.36%

MLM - New Position




A new position was established today on Martin Marietta Materials Inc (MLM). All prices include IB commissions.

Criteria for Selection:


  • Dividend Champions Status = Contender
  • Years of Consectutive Dividend Increases = 16
  • Years of Positive Free Cash Flow (last 10 years) = 10


NOTE: This is a consolidated position which uses the average starting date and combines the average cost basis, income received, and available cash from other positions which have been closed.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/21/2010MLMCSP Margin UsedCSP 100 MLM @ 90.00 ($9,000.00) 
4/21/2010MLMNew Cost Basis$14,690.00 100 @ 146.90   
4/21/2010MLMContinued TradeSTO 1 May10 90.00 Put @ 2.10  $209.54


Current Position Summary





Cost Basis$14,690.00
Income Generated$3,669.54
Percent Income Generated24.98%
Annualized Income Generated9.11%
Net Profit If Assigned($2,020.46)
Percent Return If Assigned-13.75%
Annualized Return If Assigned-5.02%
Days Held to Expiration1001 days


Trade History














DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2007 Average Starting DateConsolidated Position   
4/21/2010 Average Cost Basis 170 @ 76.71 ($13,040.00) 
4/21/2010 Average Income 2 Income @ 20.35  $3,460.00
4/21/2010 Average Available Cash 170 @ -43.24 $7,350.00 
4/21/2010MLMCSP Margin UsedCSP 100 MLM @ 90.00 ($9,000.00) 
4/21/2010MLMNew Cost Basis$14,690.00 100 @ 146.90   
4/21/2010MLMContinued TradeSTO 1 May10 90.00 Put @ 2.10  $209.54
5/21/2010MLM Totals ($14,690.00)$3,669.54
DTE1001 Percent Income/Annualized 24.98%9.11%

MDT - New Position




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

Criteria for Selection:


  • Dividend Champions Status = Member
  • Years of Consectutive Dividend Increases = 32
  • Years of Positive Free Cash Flow (last 10 years) = 10


NOTE: This is a consolidated position which uses the average starting date and combines the average cost basis, income received, and available cash from other positions which have been closed.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/21/2010MDTCSP Margin UsedCSP 100 MDT @ 44.00 ($4,400.00) 
4/21/2010MDTNew Cost Basis$10,090.00 100 @ 100.90   
4/21/2010MDTContinued TradeSTO 1 May10 44.00 Put @ 0.94  $94.14


Current Position Summary





Cost Basis$10,090.00
Income Generated$3,554.14
Percent Income Generated35.22%
Annualized Income Generated12.84%
Net Profit If Assigned($2,135.86)
Percent Return If Assigned-21.17%
Annualized Return If Assigned-7.72%
Days Held to Expiration1001 days


Trade History














DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2007 Average Starting DateConsolidated Position   
4/21/2010 Average Cost Basis 170 @ 76.71 ($13,040.00) 
4/21/2010 Average Income 2 Income @ 20.35  $3,460.00
4/21/2010 Average Available Cash 170 @ -43.24 $7,350.00 
4/21/2010MDTCSP Margin UsedCSP 100 MDT @ 44.00 ($4,400.00) 
4/21/2010MDTNew Cost Basis$10,090.00 100 @ 100.90   
4/21/2010MDTContinued TradeSTO 1 May10 44.00 Put @ 0.94  $94.14
5/21/2010MDT Totals ($10,090.00)$3,554.14
DTE1001 Percent Income/Annualized 35.22%12.84%