HFC - Adjustment

The following adjustment was made today on HollyFrontier (HFC). All prices include IB commissions.

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/25/2013	HFC	Continued Trade	STO 1 Oct13 42.50 Call @ 1.29			$128.93

Current Position Summary

Cost Basis	($4,250.00)
Income Generated	$194.86
Percent Income Generated	4.58%
Annualized Income Generated	32.18%
Net Profit If Closed	$194.86
Percent Return If Closed	4.58%
Annualized Return If Closed	32.18%
Days Held to Expiration	52 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/27/2013	HFC	CSP Margin Used	CSP 100 HFC @ 42.50		($4,250.00)
8/27/2013	HFC	Initial Put Option	STO 1 Sep13 42.50 Put @ 0.66	Exercised		$65.93
9/20/2013	HFC	CSP Margin Returned	CSP 100 HFC @ -42.50		$4,250.00
9/20/2013	HFC	Stock Assigned	EX 1 Sep13 42.50 Put @ -42.50		($4,250.00)
9/25/2013	HFC	Continued Trade	STO 1 Oct13 42.50 Call @ 1.29			$128.93
10/18/2013	HFC		Totals		($4,250.00)	$194.86
DTE	52		Percent Income/Annualized		4.58%	32.18%

New Position Summary

I've decided to post a summary of new positions rather than post each individual position as I have in the past. This not only saves me time but also reduces the number of blog posts. I'll also post a summary of closed positions at the end of each expiration. The only time I'll post individual positions is when a position has more than one trade so that you can see the trade history. For all single trade positions, only a summary will be posted.

The following positions were established today. All prices include IB commissions.

Stock	Price	Type	Strike	EXPDT	DTE	Invested	Income	ROI	AROI
BEN	$50.46	P	$48.33	10/18/2013	23	$4,833.00	$64.93	1.34%	21.32%
BRCM	$26.79	P	$26.00	10/18/2013	23	$2,600.00	$33.93	1.31%	20.71%
CHK	$26.46	P	$25.00	10/18/2013	23	$2,500.00	$26.93	1.08%	17.09%
CLX	$83.14	P	$82.50	10/18/2013	23	$8,250.00	$93.93	1.14%	18.07%
CMP	$75.94	P	$75.00	10/18/2013	23	$7,500.00	$104.11	1.39%	22.03%
CVE	$30.25	P	$30.00	10/18/2013	23	$3,000.00	$43.93	1.46%	23.24%
EEM	$41.65	P	$40.50	10/18/2013	23	$4,050.00	$44.93	1.11%	17.61%
GDX	$25.37	P	$22.50	10/18/2013	23	$2,250.00	$21.25	0.94%	14.99%
HCN	$63.53	P	$62.50	10/18/2013	23	$6,250.00	$78.93	1.26%	20.04%
HCP	$41.51	P	$40.00	10/18/2013	23	$4,000.00	$38.93	0.97%	15.45%
KIM	$20.25	P	$20.00	10/18/2013	23	$2,000.00	$34.11	1.71%	27.07%
NBL	$67.23	P	$65.00	10/18/2013	23	$6,500.00	$63.93	0.98%	15.61%
ORCL	$33.94	P	$33.00	10/18/2013	23	$3,300.00	$30.93	0.94%	14.87%
PG	$78.54	P	$77.50	10/18/2013	23	$7,750.00	$89.93	1.16%	18.41%
QCOM	$68.61	P	$67.50	10/18/2013	23	$6,750.00	$82.23	1.22%	19.33%
SVXY	$111.17	P	$90.00	10/18/2013	23	$9,000.00	$95.93	1.07%	16.92%
SYY	$32.01	P	$32.00	10/18/2013	23	$3,200.00	$54.63	1.71%	27.09%
TAP	$50.23	P	$50.00	10/18/2013	23	$5,000.00	$78.93	1.58%	25.05%
TBT	$75.12	P	$72.00	10/18/2013	23	$7,200.00	$78.93	1.10%	17.40%
USO	$37.29	P	$36.00	10/18/2013	23	$3,600.00	$33.93	0.94%	14.96%

Definition of Terms

Type - P=CSP (Cash Secured Put) and C=CC (Covered Call)

EXPDT - Expiration Date.

DTE - Days until expiration.

ROI - Return on Investment.

AROI - Annualized Return on Investment.

XEC - Closed

The Cimarex Energy (XEC) Sep13 75.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$7,500.00
Net Profit	$118.93
Percent Return	1.59%
Annualized Return	18.67%
Days Held to Expiration	31 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/20/2013	XEC	CSP Margin Used	CSP 100 XEC @ 75.00		($7,500.00)
8/20/2013	XEC	Initial Put Option	STO 1 Sep13 75.00 Put @ 1.19	Expired		$118.93
9/20/2013	XEC	CSP Margin Returned	CSP 100 XEC @ -75.00			$7,500.00
9/20/2013	XEC		Net Cost/Profit-Loss		($7,500.00)	$118.93
DTE	31		Percent Profit-Loss/Annualized		1.59%	18.67%

VTR - Closed

The Ventas (VTR) Sep13 60.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$6,000.00
Net Profit	$59.93
Percent Return	1.00%
Annualized Return	15.19%
Days Held to Expiration	24 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/27/2013	VTR	CSP Margin Used	CSP 100 VTR @ 60.00		($6,000.00)
8/27/2013	VTR	Initial Put Option	STO 1 Sep13 60.00 Put @ 0.60	Expired		$59.93
9/20/2013	VTR	CSP Margin Returned	CSP 100 VTR @ -60.00			$6,000.00
9/20/2013	VTR		Net Cost/Profit-Loss		($6,000.00)	$59.93
DTE	24		Percent Profit-Loss/Annualized		1.00%	15.19%

USO - Closed

The United States Oil (USO) Sep13 36.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$3,600.00
Net Profit	$42.25
Percent Return	1.17%
Annualized Return	13.82%
Days Held to Expiration	31 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/20/2013	USO	CSP Margin Used	CSP 100 USO @ 36.00		($3,600.00)
8/20/2013	USO	Initial Put Option	STO 1 Sep13 36.00 Put @ 0.42	Expired		$42.25
9/20/2013	USO	CSP Margin Returned	CSP 100 USO @ -36.00			$3,600.00
9/20/2013	USO		Net Cost/Profit-Loss		($3,600.00)	$42.25
DTE	31		Percent Profit-Loss/Annualized		1.17%	13.82%

TBT - Closed

The ProShares UltraShort 20+ Year Treasury (TBT) Sep13 75.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$7,500.00
Net Profit	$73.93
Percent Return	0.99%
Annualized Return	11.61%
Days Held to Expiration	31 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/20/2013	TBT	CSP Margin Used	CSP 100 TBT @ 75.00		($7,500.00)
8/20/2013	TBT	Initial Put Option	STO 1 Sep13 75.00 Put @ 0.74	Expired		$73.93
9/20/2013	TBT	CSP Margin Returned	CSP 100 TBT @ -75.00			$7,500.00
9/20/2013	TBT		Net Cost/Profit-Loss		($7,500.00)	$73.93
DTE	31		Percent Profit-Loss/Annualized		0.99%	11.61%

SVXY - Closed

The ProShares Short VIX Short-Term Futures (SVXY) Sep13 76.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$7,600.00
Net Profit	$89.63
Percent Return	1.18%
Annualized Return	13.89%
Days Held to Expiration	31 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/20/2013	SVXY	CSP Margin Used	CSP 100 SVXY @ 76.00		($7,600.00)
8/20/2013	SVXY	Initial Put Option	STO 1 Sep13 76.00 Put @ 0.90	Expired		$89.63
9/20/2013	SVXY	CSP Margin Returned	CSP 100 SVXY @ -76.00			$7,600.00
9/20/2013	SVXY		Net Cost/Profit-Loss		($7,600.00)	$89.63
DTE	31		Percent Profit-Loss/Annualized		1.18%	13.89%

OXY - Closed

The Occidental Petroleum Corporation (OXY) Sep13 85.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$8,500.00
Net Profit	$86.93
Percent Return	1.02%
Annualized Return	17.78%
Days Held to Expiration	21 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/30/2013	OXY	CSP Margin Used	CSP 100 OXY @ 85.00		($8,500.00)
8/30/2013	OXY	Initial Put Option	STO 1 Sep13 85.00 Put @ 0.87	Expired		$86.93
9/20/2013	OXY	CSP Margin Returned	CSP 100 OXY @ -85.00			$8,500.00
9/20/2013	OXY		Net Cost/Profit-Loss		($8,500.00)	$86.93
DTE	21		Percent Profit-Loss/Annualized		1.02%	17.78%

NUE - Closed

The Nucor Corporation (NUE) Sep13 44.00 Put expired and the position was closed. All prices include IB commissions.

Closed Position Summary

Cost Basis	$4,400.00
Net Profit	$44.31
Percent Return	1.01%
Annualized Return	17.50%
Days Held to Expiration	21 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/30/2013	NUE	CSP Margin Used	CSP 100 NUE @ 44.00		($4,400.00)
8/30/2013	NUE	Initial Put Option	STO 1 Sep13 44.00 Put @ 0.44	Expired		$44.31
9/20/2013	NUE	CSP Margin Returned	CSP 100 NUE @ -44.00			$4,400.00
9/20/2013	NUE		Net Cost/Profit-Loss		($4,400.00)	$44.31
DTE	21		Percent Profit-Loss/Annualized		1.01%	17.50%

NSC - Closed

The Norfolk Southern Corporation (NSC) Sep13 70.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$7,000.00
Net Profit	$69.63
Percent Return	0.99%
Annualized Return	17.29%
Days Held to Expiration	21 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/30/2013	NSC	CSP Margin Used	CSP 100 NSC @ 70.00		($7,000.00)
8/30/2013	NSC	Initial Put Option	STO 1 Sep13 70.00 Put @ 0.70	Expired		$69.63
9/20/2013	NSC	CSP Margin Returned	CSP 100 NSC @ -70.00			$7,000.00
9/20/2013	NSC		Net Cost/Profit-Loss		($7,000.00)	$69.63
DTE	21		Percent Profit-Loss/Annualized		0.99%	17.29%

MSFT - Closed

The Microsoft (MSFT) Sep13 30.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$3,000.00
Net Profit	$33.11
Percent Return	1.10%
Annualized Return	12.99%
Days Held to Expiration	31 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/20/2013	MSFT	CSP Margin Used	CSP 100 MSFT @ 30.00		($3,000.00)
8/20/2013	MSFT	Initial Put Option	STO 1 Sep13 30.00 Put @ 0.33	Expired		$33.11
9/20/2013	MSFT	CSP Margin Returned	CSP 100 MSFT @ -30.00			$3,000.00
9/20/2013	MSFT		Net Cost/Profit-Loss		($3,000.00)	$33.11
DTE	31		Percent Profit-Loss/Annualized		1.10%	12.99%

JCI - Closed

The Johnson Controls (JCI) Sep13 39.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$3,900.00
Net Profit	$38.93
Percent Return	1.00%
Annualized Return	17.35%
Days Held to Expiration	21 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/30/2013	JCI	CSP Margin Used	CSP 100 JCI @ 39.00		($3,900.00)
8/30/2013	JCI	Initial Put Option	STO 1 Sep13 39.00 Put @ 0.39	Expired		$38.93
9/20/2013	JCI	CSP Margin Returned	CSP 100 JCI @ -39.00			$3,900.00
9/20/2013	JCI		Net Cost/Profit-Loss		($3,900.00)	$38.93
DTE	21		Percent Profit-Loss/Annualized		1.00%	17.35%

ITC - Closed

The ITC Holdings (ITC) Sep13 85.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$8,500.00
Net Profit	$95.93
Percent Return	1.13%
Annualized Return	17.16%
Days Held to Expiration	24 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/27/2013	ITC	CSP Margin Used	CSP 100 ITC @ 85.00		($8,500.00)
8/27/2013	ITC	Initial Put Option	STO 1 Sep13 85.00 Put @ 0.96	Expired		$95.93
9/20/2013	ITC	CSP Margin Returned	CSP 100 ITC @ -85.00			$8,500.00
9/20/2013	ITC		Net Cost/Profit-Loss		($8,500.00)	$95.93
DTE	24		Percent Profit-Loss/Annualized		1.13%	17.16%

GDX - Closed

The Market Vectors Gold Miners (GDX) Sep13 25.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$2,500.00
Net Profit	$24.93
Percent Return	1.00%
Annualized Return	17.33%
Days Held to Expiration	21 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/30/2013	GDX	CSP Margin Used	CSP 100 GDX @ 25.00		($2,500.00)
8/30/2013	GDX	Initial Put Option	STO 1 Sep13 25.00 Put @ 0.25	Expired		$24.93
9/20/2013	GDX	CSP Margin Returned	CSP 100 GDX @ -25.00			$2,500.00
9/20/2013	GDX		Net Cost/Profit-Loss		($2,500.00)	$24.93
DTE	21		Percent Profit-Loss/Annualized		1.00%	17.33%

EXPD - Closed

The Expeditors International (EXPD) Sep13 42.00 Call was exercised and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$4,250.00
Net Profit	$197.59
Percent Return	4.65%
Annualized Return	7.13%
Days Held to Expiration	238 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/25/2013	EXPD	CSP Margin Used	CSP 100 EXPD @ 42.50		($4,250.00)
1/25/2013	EXPD	Initial Put Option	STO 1 Mar13 42.50 Put @ 0.91	Expired		$91.11
3/15/2013	EXPD	CSP Margin Returned	CSP 100 EXPD @ -42.50
3/15/2013	EXPD	Stock Assigned	EX 1 Mar13 42.50 Put @ -42.50			$0.00
6/17/2013	EXPD	Dividend Received	DIV 100 Dividend @ 0.30			$30.00
8/6/2013	EXPD	Continued Trade	STO 1 Aug13 42.50 Call @ 0.80	Expired		$79.63
9/2/2013	EXPD	Continued Trade	STO 1 Sep13 42.00 Call @ 0.47	Exercised		$46.93
9/20/2013	EXPD	Stock Called	EX 1 Sep13 42.00 Call @ 42.00			$4,199.92
9/20/2013	EXPD		Net Cost/Profit-Loss		($4,250.00)	$197.59
DTE	238		Percent Profit-Loss/Annualized		4.65%	7.13%

EEM - Closed

The iShares MSCI Emerging Markets Index (EEM) Sep13 36.50 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$3,650.00
Net Profit	$38.25
Percent Return	1.05%
Annualized Return	12.34%
Days Held to Expiration	31 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/20/2013	EEM	CSP Margin Used	CSP 100 EEM @ 36.50		($3,650.00)
8/20/2013	EEM	Initial Put Option	STO 1 Sep13 36.50 Put @ 0.38	Expired		$38.25
9/20/2013	EEM	CSP Margin Returned	CSP 100 EEM @ -36.50			$3,650.00
9/20/2013	EEM		Net Cost/Profit-Loss		($3,650.00)	$38.25
DTE	31		Percent Profit-Loss/Annualized		1.05%	12.34%

CHK - Closed

The Chesapeake Energy (CHK) Sep13 24.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$2,400.00
Net Profit	$38.93
Percent Return	1.62%
Annualized Return	19.10%
Days Held to Expiration	31 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/20/2013	CHK	CSP Margin Used	CSP 100 CHK @ 24.00		($2,400.00)
8/20/2013	CHK	Initial Put Option	STO 1 Sep13 24.00 Put @ 0.39	Expired		$38.93
9/20/2013	CHK	CSP Margin Returned	CSP 100 CHK @ -24.00			$2,400.00
9/20/2013	CHK		Net Cost/Profit-Loss		($2,400.00)	$38.93
DTE	31		Percent Profit-Loss/Annualized		1.62%	19.10%

BRCM - Closed

The Broadcom (BRCM) Sep13 24.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$2,400.00
Net Profit	$40.48
Percent Return	1.69%
Annualized Return	25.65%
Days Held to Expiration	24 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/27/2013	BRCM	CSP Margin Used	CSP 100 BRCM @ 24.00		($2,400.00)
8/27/2013	BRCM	Initial Put Option	STO 1 Sep13 24.00 Put @ 0.40	Expired		$40.48
9/20/2013	BRCM	CSP Margin Returned	CSP 100 BRCM @ -24.00			$2,400.00
9/20/2013	BRCM		Net Cost/Profit-Loss		($2,400.00)	$40.48
DTE	24		Percent Profit-Loss/Annualized		1.69%	25.65%

BEN - Closed

The Franklin Resources (BEN) Sep13 45.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$4,500.00
Net Profit	$59.11
Percent Return	1.31%
Annualized Return	15.47%
Days Held to Expiration	31 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/20/2013	BEN	CSP Margin Used	CSP 100 BEN @ 45.00		($4,500.00)
8/20/2013	BEN	Initial Put Option	STO 1 Sep13 45.00 Put @ 0.59	Expired		$59.11
9/20/2013	BEN	CSP Margin Returned	CSP 100 BEN @ -45.00			$4,500.00
9/20/2013	BEN		Net Cost/Profit-Loss		($4,500.00)	$59.11
DTE	31		Percent Profit-Loss/Annualized		1.31%	15.47%

EXPD - Adjustment

The following adjustment was made today on Expeditors International (EXPD). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Contender
Years of Consecutive Dividend Increases	18
Fair Value Estimate	$47.00*
Target Buy Price	$32.90
Target Margin of Safety	30.00%
Actual Buy Price	$42.50
Actual Margin of Safety	9.57%

*Fair Value was lowered from $51 to $47 since inception which lowered my 16.67% Margin of Safety to 9.57%.

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/2/2013	EXPD	Continued Trade	STO 1 Sep13 42.00 Call @ 0.47			$46.93

Current Position Summary

Cost Basis	($4,250.00)
Income Generated	$247.67
Percent Income Generated	5.83%
Annualized Income Generated	8.94%
Net Profit If Closed	$197.67
Percent Return If Closed	4.65%
Annualized Return If Closed	7.13%
Days Held to Expiration	238 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/25/2013	EXPD	CSP Margin Used	CSP 100 EXPD @ 42.50		($4,250.00)
1/25/2013	EXPD	Initial Put Option	STO 1 Mar13 42.50 Put @ 0.91	Expired		$91.11
3/15/2013	EXPD	CSP Margin Returned	CSP 100 EXPD @ -42.50		$4,250.00
3/15/2013	EXPD	Stock Assigned	EX 1 Mar13 42.50 Put @ -42.50		($4,250.00)
6/17/2013	EXPD	Dividend Received	DIV 100 Dividend @ 0.30			$30.00
8/6/2013	EXPD	Continued Trade	STO 1 Aug13 42.50 Call @ 0.80	Expired		$79.63
9/2/2013	EXPD	Continued Trade	STO 1 Sep13 42.00 Call @ 0.47			$46.93
9/20/2013	EXPD		Totals		($4,250.00)	$247.67
DTE	238		Percent Income/Annualized		5.83%	8.94%