Monday, November 29, 2010

KO - Closed




The Coca Cola Company (KO) Jan11 55 Call was exercised today and the stock was called away for a profit. All prices include IB commissions.

Position Summary





Cost Basis$5,500.00
Net Profit$659.46
Percent Return11.99%
Annualized Return13.03%
Days Held to Expiration336 days


Trade History
























DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
12/28/2009KOCSP Margin UsedCSP 100 KO @ 55.00 ($5,500.00) 
12/28/2009KOInitial Put OptionSTO 1 Feb10 55.00 Put @ 0.67Expired $67.00
2/22/2010KOContinued TradeSTO 1 Mar10 55.00 Put @ 0.85Exercised $84.99
3/19/2010KOCSP Margin ReturnedCSP 100 KO @ -55.00 $5,500.00 
3/19/2010KOStock AssignedEX 1 Mar10 55.00 Put @ -55.00 ($5,500.00) 
4/5/2010KOContinued TradeSTO 1 Apr10 55.00 Call @ 0.46  $45.99
4/16/2010KOBuy Back and Roll OutBTC 1 Apr10 55.00 Call @ -0.08  ($8.01)
4/16/2010KOContinued TradeSTO 1 May10 55.00 Call @ 1.17Closed $116.99
5/21/2010KOBuy Back and Roll OutBTC 1 May10 55.00 Call @ -0.01  ($1.00)
5/21/2010KOContinued TradeSTO 1 Aug10 55.00 Call @ 0.92Closed $91.99
7/1/2010KODividend ReceivedDIV 100 Dividend @ 0.44  $44.00
8/20/2010KOBuy Back and Roll OutBTC 1 Aug10 55.00 Call @ -0.30  ($30.01)
8/20/2010KOContinued TradeSTO 1 Sep10 55.00 Call @ 1.05Closed $104.54
9/8/2010KOBuy Back and Roll OutBTC 1 Sep10 55.00 Call @ -2.85  ($285.01)
9/8/2010KOContinued TradeSTO 1 Jan11 55.00 Call @ 3.84Exercised $383.99
10/1/2010KODividend ReceivedDIV 100 Dividend @ 0.44  $44.00
11/29/2010KOOption ExercisedEX 1 Jan11 55.00 Call @ 55.00  $5,500.00
11/29/2010KO Net Cost/Profit-Loss ($5,500.00)$659.46
DTE336 Percent Profit-Loss/Annualized 11.99%13.03%

Wednesday, November 24, 2010

ITW - Adjustment




The following adjustment was made today on Illinois Tool Works Inc (ITW). All prices include IB commissions.






DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/24/2010ITWContinued TradeSTO 1 Jan11 50.00 Call @ 0.46  $46.24


Current Position Summary





Cost Basis($5,000.00)
Income Generated$407.75
Percent Income Generated8.16%
Annualized Income Generated10.82%
Net Profit If Assigned$407.75
Percent Return If Assigned8.16%
Annualized Return If Assigned10.82%
Days Held to Expiration275 days


Trade History
















DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/21/2010ITWCSP Margin UsedCSP 100 ITW @ 50.00 ($5,000.00) 
4/21/2010ITWInitial Put OptionSTO 1 May10 50.00 Put @ 0.84Closed $83.99
5/21/2010ITWBuy Back and Roll Out/DownBTC 1 May10 50.00 Put @ -4.83  ($482.86)
5/21/2010ITWContinued TradeSTO 1 Sep10 50.00 Put @ 6.66Exercised $666.14
9/17/2010ITWCSP Margin ReturnedCSP 100 ITW @ -50.00 $5,000.00 
9/17/2010ITWStock AssignedEX 1 Sep10 50.00 Put @ -50.00 ($5,000.00) 
9/24/2010ITWContinued TradeSTO 1 Nov10 50.00 Call @ 0.60Expired $60.24
10/13/2010ITWDividend ReceivedDIV 100 Dividend @ 0.34  $34.00
11/24/2010ITWContinued TradeSTO 1 Jan11 50.00 Call @ 0.46  $46.24
1/21/2011ITW Totals ($5,000.00)$407.75
DTE275 Percent Income/Annualized 8.16%10.82%

Tuesday, November 23, 2010

MDT - New Position




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

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


  • Dividend Champions Status = Champion
  • Years of Consecutive Dividend Increases = 33
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 28.26%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/23/2010MDTCSP Margin UsedCSP 200 MDT @ 33.00 ($6,600.00) 
11/23/2010MDTInitial Put OptionSTO 2 Dec11 33.00 Put @ 0.55  $109.22


Position Summary





Cost Basis($6,600.00)
Income Generated$109.22
Percent Income Generated1.65%
Annualized Income Generated25.17%
Net Profit If Assigned$109.22
Percent Return If Assigned1.65%
Annualized Return If Assigned25.17%
Days Held to Expiration24 days

Monday, November 22, 2010

TBT - New Position




A new CSP position was established today on ProShares UltraShort 20+ Year Treasury (TBT). All prices include IB commissions.

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







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/22/2010TBTCSP Margin UsedCSP 200 TBT @ 32.00 ($6,400.00) 
11/22/2010TBTInitial Put OptionSTO 2 Dec11 32.00 Put @ 0.20  $40.57


Position Summary





Cost Basis($6,400.00)
Income Generated$40.57
Percent Income Generated0.63%
Annualized Income Generated9.26%
Net Profit If Assigned$40.57
Percent Return If Assigned0.63%
Annualized Return If Assigned9.26%
Days Held to Expiration25 days

SPY - New Position




A new CSP position was established today on SPDR S&P 500 ETF (SPY). All prices include IB commissions.







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/22/2010SPYCSP Margin UsedCSP 100 SPY @ 109.00 ($10,900.00) 
11/22/2010SPYInitial Put OptionSTO 1 Dec11 109.00 Put @ 0.25  $24.99


Position Summary





Cost Basis($10,900.00)
Income Generated$24.99
Percent Income Generated0.23%
Annualized Income Generated3.35%
Net Profit If Assigned$24.99
Percent Return If Assigned0.23%
Annualized Return If Assigned3.35%
Days Held to Expiration25 days

PG - New Position




A new CSP position was established today on Procter and Gamble (PG). All prices include IB commissions.


  • Dividend Champions Status = Champion
  • Years of Consecutive Dividend Increases = 54
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 18.83%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/22/2010PGCSP Margin UsedCSP 100 PG @ 62.50 ($6,250.00) 
11/22/2010PGInitial Put OptionSTO 1 Dec11 62.50 Put @ 0.53  $53.24


Position Summary





Cost Basis($6,250.00)
Income Generated$53.24
Percent Income Generated0.85%
Annualized Income Generated12.44%
Net Profit If Assigned$53.24
Percent Return If Assigned0.85%
Annualized Return If Assigned12.44%
Days Held to Expiration25 days

NVS - New Position




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


  • Dividend Champions Status = Challenger
  • Years of Consecutive Dividend Increases = 9
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 22.54%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/22/2010NVSCSP Margin UsedCSP 100 NVS @ 55.00 ($5,500.00) 
11/22/2010NVSInitial Put OptionSTO 1 Dec11 55.00 Put @ 0.88  $88.24


Position Summary





Cost Basis($5,500.00)
Income Generated$88.24
Percent Income Generated1.60%
Annualized Income Generated23.42%
Net Profit If Assigned$88.24
Percent Return If Assigned1.60%
Annualized Return If Assigned23.42%
Days Held to Expiration25 days

MLM - New Position




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


  • Dividend Champions Status = Contender
  • Years of Consecutive Dividend Increases = 16
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 31.82%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/22/2010MLMCSP Margin UsedCSP 100 MLM @ 75.00 ($7,500.00) 
11/22/2010MLMInitial Put OptionSTO 1 Jan11 75.00 Put @ 0.86  $86.24


Position Summary





Cost Basis($7,500.00)
Income Generated$86.24
Percent Income Generated1.15%
Annualized Income Generated7.00%
Net Profit If Assigned$86.24
Percent Return If Assigned1.15%
Annualized Return If Assigned7.00%
Days Held to Expiration60 days

NUE - Adjustment




The following adjustment was made today on Nucor Corporation (NUE). All prices include IB commissions.


  • Dividend Champions Status = Champion
  • Years of Consecutive Dividend Increases = 37
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 40.68%







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/22/2010NUEContinued TradeSTO 2 Jan11 35.00 Put @ 0.69  $138.57


Current Position Summary





Cost Basis($7,000.00)
Income Generated$209.14
Percent Income Generated2.99%
Annualized Income Generated11.85%
Net Profit If Assigned$209.14
Percent Return If Assigned2.99%
Annualized Return If Assigned11.85%
Days Held to Expiration92 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/21/2010NUECSP Margin UsedCSP 200 NUE @ 35.00 ($7,000.00) 
10/21/2010NUEInitial Put OptionSTO 2 Nov10 35.00 Put @ 0.35Expired $70.57
11/22/2010NUEContinued TradeSTO 2 Jan11 35.00 Put @ 0.69  $138.57
1/21/2011NUE Totals ($7,000.00)$209.14
DTE92 Percent Income/Annualized 2.99%11.85%

MMM - Adjustment




The following adjustment was made today on 3M Company (MMM). All prices include IB commissions.


  • Dividend Champions Status = Champion
  • Years of Consectutive Dividend Increases = 52
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 20.00%







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/22/2010MMMContinued TradeSTO 1 Jan11 80.00 Put @ 1.20  $119.56


Current Position Summary





Cost Basis($8,000.00)
Income Generated$251.55
Percent Income Generated3.14%
Annualized Income Generated9.49%
Net Profit If Assigned$251.55
Percent Return If Assigned3.14%
Annualized Return If Assigned9.49%
Days Held to Expiration121 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/22/2010MMMCSP Margin UsedCSP 100 MMM @ 80.00 ($8,000.00) 
9/22/2010MMMInitial Put OptionSTO 1 Nov10 80.00 Put @ 1.32Expired $131.99
11/22/2010MMMContinued TradeSTO 1 Jan11 80.00 Put @ 1.20  $119.56
1/21/2011MMM Totals ($8,000.00)$251.55
DTE121 Percent Income/Annualized 3.14%9.49%

JNJ - Adjustment




The following adjustment was made today on Johnson and Johnson (JNJ). All prices include IB commissions.


  • Dividend Champions Status = Champion
  • Years of Consecutive Dividend Increases = 48
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 18.83%







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/22/2010JNJContinued TradeSTO 1 Dec10 62.50 Put @ 0.61  $60.99


Current Position Summary





Cost Basis($6,250.00)
Income Generated$673.37
Percent Income Generated10.77%
Annualized Income Generated18.73%
Net Profit If Assigned$673.37
Percent Return If Assigned10.77%
Annualized Return If Assigned18.73%
Days Held to Expiration210 days


Trade History











DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/21/2010JNJCSP Margin UsedCSP 100 JNJ @ 62.50 ($6,250.00) 
5/21/2010JNJInitial Put OptionSTO 1 Oct10 62.50 Put @ 5.21Expired $521.14
10/19/2010JNJContinued TradeSTO 1 Nov10 62.50 Put @ 0.91Expired $91.24
11/22/2010JNJContinued TradeSTO 1 Dec10 62.50 Put @ 0.61  $60.99
12/17/2010JNJ Totals ($6,250.00)$673.37
DTE210 Percent Income/Annualized 10.77%18.73%

CL - Adjustment




The following adjustment was made today on Colgate-Palmolive Company (CL). All prices include IB commissions.


  • Dividend Champions Status = Champion
  • Years of Consectutive Dividend Increases = 47
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 18.48%







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/22/2010CLContinued TradeSTO 1 Jan11 75.00 Put @ 1.10  $109.99


Current Position Summary





Cost Basis($7,500.00)
Income Generated$220.98
Percent Income Generated2.95%
Annualized Income Generated8.89%
Net Profit If Assigned$220.98
Percent Return If Assigned2.95%
Annualized Return If Assigned8.89%
Days Held to Expiration121 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/22/2010CLCSP Margin UsedCSP 100 CL @ 75.00 ($7,500.00) 
9/22/2010CLInitial Put OptionSTO 1 Nov10 75.00 Put @ 1.11Expired $110.99
11/22/2010CLContinued TradeSTO 1 Jan11 75.00 Put @ 1.10  $109.99
1/21/2011CL Totals ($7,500.00)$220.98
DTE121 Percent Income/Annualized 2.95%8.89%

Sunday, November 21, 2010

TBT - Closed




The ProShares UltraShort 20+ Year Treasury (TBT) Nov11 30.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$6,000.00
Net Profit$115.14
Percent Return1.92%
Annualized Return9.87%
Days Held to Expiration71 days


Trade History











DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/9/2010TBTCSP Margin UsedCSP 200 TBT @ 30.00 ($6,000.00) 
9/9/2010TBTInitial Put OptionSTO 2 Oct10 30.00 Put @ 0.37Expired $74.57
10/18/2010TBTContinued TradeSTO 2 Nov10 30.00 Put @ 0.20Closed $40.57
11/19/2010TBTCSP Margin ReturnedCSP 200 TBT @ -30.00  $6,000.00
11/19/2010TBT Net Cost/Profit-Loss ($6,000.00)$115.14
DTE71 Percent Profit-Loss/Annualized 1.92%9.87%

SPY - Closed




The SPDR S&P 500 ETF (SPY) Nov11 98.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$9,800.00
Net Profit$47.24
Percent Return0.48%
Annualized Return3.82%
Days Held to Expiration46 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/4/2010SPYCSP Margin UsedCSP 100 SPY @ 98.00 ($9,800.00) 
10/4/2010SPYInitial Put OptionSTO 1 Nov10 98.00 Put @ 0.47Closed $47.24
11/19/2010SPYCSP Margin ReturnedCSP 100 SPY @ -98.00  $9,800.00
11/19/2010SPY Net Cost/Profit-Loss ($9,800.00)$47.24
DTE46 Percent Profit-Loss/Annualized 0.48%3.82%

PG - Closed




The Procter and Gamble (PG) Nov11 60.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$6,000.00
Net Profit$203.23
Percent Return3.39%
Annualized Return14.21%
Days Held to Expiration87 days


Trade History











DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2010PGCSP Margin UsedCSP 100 PG @ 60.00 ($6,000.00) 
8/24/2010PGInitial Put OptionSTO 1 Sep10 60.00 Put @ 1.00Expired $100.24
9/22/2010PGContinued TradeSTO 1 Nov10 60.00 Put @ 1.03Closed $102.99
11/19/2010PGCSP Margin ReturnedCSP 100 PG @ -60.00  $6,000.00
11/19/2010PG Net Cost/Profit-Loss ($6,000.00)$203.23
DTE87 Percent Profit-Loss/Annualized 3.39%14.21%

MDT - Closed




The Medtronic Inc (MDT) Nov11 30.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$3,000.00
Net Profit$98.08
Percent Return3.27%
Annualized Return13.72%
Days Held to Expiration87 days


Trade History











DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2010MDTCSP Margin UsedCSP 100 MDT @ 30.00 ($3,000.00) 
8/24/2010MDTInitial Put OptionSTO 1 Sep10 30.00 Put @ 0.58Expired $58.04
9/22/2010MDTContinued TradeSTO 1 Nov10 30.00 Put @ 0.40Closed $40.04
11/19/2010MDTCSP Margin ReturnedCSP 100 MDT @ -30.00  $3,000.00
11/19/2010MDT Net Cost/Profit-Loss ($3,000.00)$98.08
DTE87 Percent Profit-Loss/Annualized 3.27%13.72%

BEC - Closed




The Beckman Coulter Inc. (BEC) Nov10 45.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$4,500.00
Net Profit$151.24
Percent Return3.36%
Annualized Return21.15%
Days Held to Expiration58 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/22/2010BECCSP Margin UsedCSP 100 BEC @ 45.00 ($4,500.00) 
9/22/2010BECInitial Put OptionSTO 1 Nov10 45.00 Put @ 1.51Closed $151.24
11/19/2010BECCSP Margin ReturnedCSP 100 BEC @ -45.00  $4,500.00
11/19/2010BEC Net Cost/Profit-Loss ($4,500.00)$151.24
DTE58 Percent Profit-Loss/Annualized 3.36%21.15%

Thursday, November 18, 2010

TLT - Adjustment




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







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/18/2010TLTBuy Back and Roll OutBTC 1 Nov10 98.00 Put @ -2.25  ($224.96)
11/18/2010TLTContinued TradeSTO 1 Dec10 98.00 Put @ 3.39  $339.04


Current Position Summary





Cost Basis($9,800.00)
Income Generated$163.07
Percent Income Generated1.66%
Annualized Income Generated8.21%
Net Profit If Assigned$163.07
Percent Return If Assigned1.66%
Annualized Return If Assigned8.21%
Days Held to Expiration74 days


Trade History











DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/4/2010TLTCSP Margin UsedCSP 100 TLT @ 98.00 ($9,800.00) 
10/4/2010TLTInitial Put OptionSTO 1 Nov10 98.00 Put @ 0.49Closed $48.99
11/18/2010TLTBuy Back and Roll OutBTC 1 Nov10 98.00 Put @ -2.25  ($224.96)
11/18/2010TLTContinued TradeSTO 1 Dec10 98.00 Put @ 3.39  $339.04
12/17/2010TLT Totals ($9,800.00)$163.07
DTE74 Percent Income/Annualized 1.66%8.21%

TBT - Adjustment




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







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/18/2010TBTBuy Back and Roll Out/UpBTC 2 Nov10 37.00 Call @ -0.23  ($46.33)
11/18/2010TBTInterim TradeSTO 2 Dec10 38.00 Call @ 0.91  $182.57


Current Position Summary





Cost Basis($9,200.00)
Income Generated$536.49
Percent Income Generated5.83%
Annualized Income Generated8.91%
Net Profit If Assigned($1,063.51)
Percent Return If Assigned-11.56%
Annualized Return If Assigned-17.65%
Days Held to Expiration239 days


Trade History

















DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/22/2010TBTCSP Margin UsedCSP 200 TBT @ 46.00 ($9,200.00) 
4/22/2010TBTInitial Put OptionSTO 2 May10 46.00 Put @ 0.55Closed $110.57
5/21/2010TBTBuy Back and Roll OutBTC 2 May10 46.00 Put @ -7.24  ($1,448.13)
5/21/2010TBTContinued TradeSTO 2 Sep10 46.00 Put @ 8.14Exercised $1,628.57
9/8/2010TBTCSP Margin ReturnedCSP 100 TBT @ -46.00 $4,600.00 
9/8/2010TBTStock AssignedEX 1 Sep10 46.00 Put @ -46.00 ($4,600.00) 
9/9/2010TBTInterim TradeSTO 2 Oct10 37.00 Call @ 0.27Expired $54.57
10/21/2010TBTInterim TradeSTO 2 Nov10 37.00 Call @ 0.27Closed $54.67
11/18/2010TBTBuy Back and Roll Out/UpBTC 2 Nov10 37.00 Call @ -0.23  ($46.33)
11/18/2010TBTInterim TradeSTO 2 Dec10 38.00 Call @ 0.91  $182.57
12/17/2010TBT Totals ($9,200.00)$536.49
DTE239 Percent Income/Annualized 5.83%8.91%

SYK - Adjustment




The following adjustment was made today on Stryker Corp (SYK). All prices include IB commissions.


  • Dividend Champions Status = Contender
  • Years of Consecutive Dividend Increases = 17
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 30.56%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/18/2010SYKBuy Back and Roll OutBTC 1 Nov10 50.00 Call @ -1.44  ($143.76)
11/18/2010SYKContinued TradeSTO 1 Dec10 50.00 Call @ 2.21  $221.24


Current Position Summary





Cost Basis($5,000.00)
Income Generated$492.26
Percent Income Generated9.85%
Annualized Income Generated17.11%
Net Profit If Assigned$492.26
Percent Return If Assigned9.85%
Annualized Return If Assigned17.11%
Days Held to Expiration210 days


Trade History















DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/21/2010SYKCSP Margin UsedCSP 100 SYK @ 50.00 ($5,000.00) 
5/21/2010SYKInitial Put OptionSTO 1 Sep10 50.00 Put @ 2.55Exercised $254.54
9/17/2010SYKCSP Margin ReturnedCSP 100 SYK @ -50.00 $5,000.00 
9/17/2010SYKStock AssignedEX 1 Sep10 50.00 Put @ -50.00 ($5,000.00) 
9/24/2010SYKContinued TradeSTO 1 Nov10 50.00 Call @ 1.45Closed $145.24
10/29/2010SYKDividend ReceivedDIV 100 Dividend @ 0.15  $15.00
11/18/2010SYKBuy Back and Roll OutBTC 1 Nov10 50.00 Call @ -1.44  ($143.76)
11/18/2010SYKContinued TradeSTO 1 Dec10 50.00 Call @ 2.21  $221.24
12/17/2010SYK Totals ($5,000.00)$492.26
DTE210 Percent Income/Annualized 9.85%17.11%

ADP - Adjustment




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


  • Dividend Champions Status = Champion
  • Years of Consecutive Dividend Increases = 35
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 14.67%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
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 @ 2.96  $296.24


Current Position Summary





Cost Basis($4,400.00)
Income Generated$168.99
Percent Income Generated3.84%
Annualized Income Generated4.72%
Net Profit If Assigned$68.99
Percent Return If Assigned1.57%
Annualized Return If Assigned1.93%
Days Held to Expiration297 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 @ 2.96  $296.24
2/18/2011ADP Totals ($4,400.00)$168.99
DTE297 Percent Income/Annualized 3.84%4.72%

Monday, November 15, 2010

PAYX - Dividend




A dividend was received on Paychex Inc (PAYX). All prices include IB commissions.

Criteria for Selection:


  • Dividend Champions Status = Contender (Deleted 10/13/10)
  • Years of Consectutive Dividend Increases = 20
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 27.11%







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/15/2010PAYXDividend ReceivedDIV 200 Dividend @ 0.31  $62.00


Current Position Summary





Cost Basis($5,247.00)
Income Generated$210.57
Percent Income Generated4.01%
Annualized Income Generated10.69%
Net Profit If Assigned$463.57
Percent Return If Assigned8.83%
Annualized Return If Assigned23.54%
Days Held to Expiration137 days


Trade History









8/2/2010PAYXInitial Stock PositionBTO 200 PAYX @ 26.24 ($5,247.00) 
8/2/2010PAYXInitial Call OptionSTO 2 Dec10 27.50 Call @ 0.74  $148.57
11/15/2010PAYXDividend ReceivedDIV 200 Dividend @ 0.31  $62.00
12/17/2010PAYX Totals ($5,247.00)$210.57
DTE137 Percent Income/Annualized 4.01%10.69%

ABT - Dividend




A dividend was received on Abbott Laboratories (ABT). All prices include IB commissions.


  • Dividend Champions Status = Champion
  • Years of Consecutive Dividend Increases = 38
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 23.90%







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/15/2010ABTDividend ReceivedDIV 100 Dividend @ 0.44  $44.00


Current Position Summary





Cost Basis($5,500.00)
Income Generated$501.50
Percent Income Generated9.12%
Annualized Income Generated9.14%
Net Profit If Assigned$501.50
Percent Return If Assigned9.12%
Annualized Return If Assigned9.14%
Days Held to Expiration364 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 @ 0.76  $76.24
11/15/2010ABTDividend ReceivedDIV 100 Dividend @ 0.44  $44.00
1/21/2011ABT Totals ($5,500.00)$501.50
DTE364 Percent Income/Annualized 9.12%9.14%

Friday, November 12, 2010

GD - Dividend




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


  • Dividend Champions Status = Contender
  • Years of Consecutive Dividend Increases = 19
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 13.10%







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/12/2010GDDividend ReceivedDIV 100 Dividend @ 0.42  $42.00


Current Position Summary





Cost Basis($7,500.00)
Income Generated$446.26
Percent Income Generated5.95%
Annualized Income Generated8.10%
Net Profit If Assigned($553.74)
Percent Return If Assigned-7.38%
Annualized Return If Assigned-10.06%
Days Held to Expiration268 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 @ 1.24  $123.99
11/12/2010GDDividend ReceivedDIV 100 Dividend @ 0.42  $42.00
1/21/2011GD Totals ($7,500.00)$446.26
DTE268 Percent Income/Annualized 5.95%8.10%

Wednesday, November 3, 2010

LOW - Dividend




A dividend was received on Lowes Companies Inc (LOW). All prices include IB commissions.

This is the first position on LOW. The second position is a CSP.


  • Dividend Champions Status = Champion
  • Years of Consecutive Dividend Increases = 48
  • Years of Positive Free Cash Flow (last 10 years) = 8
  • Discount to Morningstar's Fair Value Estimate = 33.33%







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/3/2010LOWDividend ReceivedDIV 200 Dividend @ 0.11  $22.00


Current Position Summary





Cost Basis($4,800.00)
Income Generated$579.44
Percent Income Generated12.07%
Annualized Income Generated17.98%
Net Profit If Assigned$579.44
Percent Return If Assigned12.07%
Annualized Return If Assigned17.98%
Days Held to Expiration245 days


Trade History













DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/21/2010LOWCSP Margin UsedCSP 200 LOW @ 24.00 ($4,800.00) 
5/21/2010LOWInitial Put OptionSTO 2 Oct10 24.00 Put @ 2.44Exercised $488.87
10/15/2010LOWCSP Margin ReturnedCSP 200 LOW @ -24.00 $4,800.00 
10/15/2010LOWStock AssignedEX 2 Oct10 24.00 Put @ -24.00 ($4,800.00) 
10/20/2010LOWContinued TradeSTO 2 Jan11 24.00 Call @ 0.34  $68.57
11/3/2010LOWDividend ReceivedDIV 200 Dividend @ 0.11  $22.00
1/21/2011LOW Totals ($4,800.00)$579.44
DTE245 Percent Income/Annualized 12.07%17.98%