FDX - Adjustment

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

Criteria	Value
Dividend Champions Status	Challenger
Years of Consecutive Dividend Increases	9
Fair Value Estimate	$112.00
Target Buy Price	$78.40
Target Margin of Safety	30.00%
Actual Buy Price	$80.00
Actual Margin of Safety	28.57%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/27/2011	FDX	Continued Trade	STO 1 Nov11 85.00 Call @ 2.56			$255.97

Current Position Summary

Cost Basis	($8,000.00)
Income Generated	$511.31
Percent Income Generated	6.39%
Annualized Income Generated	13.03%
Net Profit If Assigned	$1,011.31
Percent Return If Assigned	12.64%
Annualized Return If Assigned	25.78%
Days Held to Expiration	179 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/23/2011	FDX	CSP Margin Used	CSP 100 FDX @ 80.00		($8,000.00)
5/23/2011	FDX	Initial Put Option	STO 1 Oct11 80.00 Put @ 2.55	Exercised		$255.34
10/21/2011	FDX	CSP Margin Returned	CSP 100 FDX @ -80.00		$8,000.00
10/21/2011	FDX	Stock Assigned	EX 1 Oct11 80.00 Put @ -80.00		($8,000.00)
10/27/2011	FDX	Continued Trade	STO 1 Nov11 85.00 Call @ 2.56			$255.97
11/18/2011	FDX		Totals		($8,000.00)	$511.31
DTE	179		Percent Income/Annualized		6.39%	13.03%

GD - Closed

The General Dynamics Corporation (GD) Oct11 65.00 Call was excercised on Friday. I was waiting until earnings announcement today to determine whether to continue the position as a CSP or close it. Since GD is now trading below the 65.00 strike, I decided to close the position. All prices include IB commissions.

Position Summary

Cost Basis	$6,500.00
Net Profit	$247.83
Percent Return	3.81%
Annualized Return	9.22%
Days Held to Expiration	151 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/23/2011	GD	CSP Margin Used	CSP 100 GD @ 65.00		($6,500.00)
5/23/2011	GD	Initial Put Option	STO 1 Aug11 65.00 Put @ 1.14	Exercised		$113.98
8/19/2011	GD	CSP Margin Returned	CSP 100 GD @ -65.00		$6,500.00
8/19/2011	GD	Stock Assigned	EX 1 Aug11 65.00 Put @ -65.00		($6,500.00)	$0.00
8/24/2011	GD	Continued Trade	STO 1 Oct11 65.00 Call @ 1.34	Exercised	$0.00	$133.97
10/21/2011	GD	Stock Called	EX 1 Oct11 65.00 Call @ 65.00		$0.00	$6,499.88
10/21/2011	GD		Net Cost/Profit-Loss		($6,500.00)	$247.83
DTE	151		Percent Profit-Loss/Annualized		3.81%	9.22%

XOM - Closed

The Exxon Mobil Corp (XOM) Oct11 67.50 Put expired and the position was closed. All prices include IB commissions.

Closed Position Summary

Cost Basis	$6,750.00
Net Profit	$108.28
Percent Return	1.60%
Annualized Return	19.52%
Days Held to Expiration	30 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/21/2011	XOM	CSP Margin Used	CSP 100 XOM @ 67.50		($6,750.00)
9/21/2011	XOM	Initial Put Option	STO 1 Oct11 67.50 Put @ 1.08	Expired		$108.28
10/21/2011	XOM	CSP Margin Returned	CSP 100 XOM @ -67.50		$0.00	$6,750.00
10/21/2011	XOM		Net Cost/Profit-Loss		($6,750.00)	$108.28
DTE	30		Percent Profit-Loss/Annualized		1.60%	19.52%

TLT - Closed

The iShares 20+ Year Treasury Bond Fund (TLT) Oct11 98.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$9,800.00
Net Profit	$914.28
Percent Return	9.33%
Annualized Return	8.91%
Days Held to Expiration	382 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/4/2010	TLT	CSP Margin Used	CSP 100 TLT @ 98.00		($9,800.00)
10/4/2010	TLT	Initial Put Option	STO 1 Nov10 98.00 Put @ 0.49	Closed		$48.99
11/18/2010	TLT	Buy Back and Roll Out	BTC 1 Nov10 98.00 Put @ -2.25			($224.96)
11/18/2010	TLT	Continued Trade	STO 1 Dec10 98.00 Put @ 3.39	Closed	$0.00	$339.04
12/8/2010	TLT	Buy Back and Roll Out	BTC 1 Dec10 98.00 Put @ -4.96			($495.96)
12/8/2010	TLT	Continued Trade	STO 1 Jan11 98.00 Put @ 5.74	Closed	$0.00	$573.99
12/28/2010	TLT	Buy Back and Roll Out	BTC 1 Jan11 98.00 Put @ -6.71			($670.96)
12/28/2010	TLT	Continued Trade	STO 1 Mar11 98.00 Put @ 7.84	Closed	$0.00	$784.04
3/18/2011	TLT	Buy Back and Roll Out	BTC 1 Mar11 98.00 Put @ -4.81			($481.01)
3/18/2011	TLT	Continued Trade	STO 1 Jun11 98.00 Put @ 6.82	Closed	$0.00	$681.87
6/17/2011	TLT	Buy Back and Roll Out	BTC 1 Jun11 98.00 Put @ -1.03			($103.02)
6/17/2011	TLT	Continued Trade	STO 1 Aug11 98.00 Put @ 3.49	Expired	$0.00	$348.98
8/24/2011	TLT	Continued Trade	STO 1 Oct11 98.00 Put @ 1.13	Expired	$0.00	$113.28
10/21/2011	TLT	CSP Margin Returned	CSP 100 TLT @ -98.00		$0.00	$9,800.00
10/21/2011	TLT		Net Cost/Profit-Loss		($9,800.00)	$914.28
DTE	382		Percent Profit-Loss/Annualized		9.33%	8.91%

PG - Closed

The Procter and Gamble (PG) Oct11 57.50 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$5,750.00
Net Profit	$71.36
Percent Return	1.24%
Annualized Return	15.62%
Days Held to Expiration	29 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/22/2011	PG	CSP Margin Used	CSP 100 PG @ 57.50		($5,750.00)
9/22/2011	PG	Initial Put Option	STO 1 Oct11 57.50 Put @ 0.71	Expired		$71.36
10/21/2011	PG	CSP Margin Returned	CSP 100 PG @ -57.50		$0.00	$5,750.00
10/21/2011	PG		Net Cost/Profit-Loss		($5,750.00)	$71.36
DTE	29		Percent Profit-Loss/Annualized		1.24%	15.62%

NVS - Closed

The Novartis (NVS) Oct11 52.50 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$5,250.00
Net Profit	$90.98
Percent Return	1.73%
Annualized Return	21.08%
Days Held to Expiration	30 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/21/2011	NVS	CSP Margin Used	CSP 100 NVS @ 52.50		($5,250.00)
9/21/2011	NVS	Initial Put Option	STO 1 Oct11 52.50 Put @ 0.91	Expired		$90.98
10/21/2011	NVS	CSP Margin Returned	CSP 100 NVS @ -52.50		$0.00	$5,250.00
10/21/2011	NVS		Net Cost/Profit-Loss		($5,250.00)	$90.98
DTE	30		Percent Profit-Loss/Annualized		1.73%	21.08%

JNJ - Closed

The Johnson and Johnson (JNJ) Oct11 60.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$6,000.00
Net Profit	$133.98
Percent Return	2.23%
Annualized Return	5.40%
Days Held to Expiration	151 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/23/2011	JNJ	CSP Margin Used	CSP 100 JNJ @ 60.00		($6,000.00)
5/23/2011	JNJ	Initial Put Option	STO 1 Oct11 60.00 Put @ 1.34	Expired		$133.98
10/21/2011	JNJ	CSP Margin Returned	CSP 100 JNJ @ -60.00		$0.00	$6,000.00
10/21/2011	JNJ		Net Cost/Profit-Loss		($6,000.00)	$133.98
DTE	151		Percent Profit-Loss/Annualized		2.23%	5.40%

COP - Closed

The ConocoPhillips (COP) Oct11 55.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$5,500.00
Net Profit	$79.98
Percent Return	1.45%
Annualized Return	18.30%
Days Held to Expiration	29 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/22/2011	COP	CSP Margin Used	CSP 100 COP @ 55.00		($5,500.00)
9/22/2011	COP	Initial Put Option	STO 1 Oct11 55.00 Put @ 0.80	Expired		$79.98
10/21/2011	COP	CSP Margin Returned	CSP 100 COP @ -55.00		$0.00	$5,500.00
10/21/2011	COP		Net Cost/Profit-Loss		($5,500.00)	$79.98
DTE	29		Percent Profit-Loss/Annualized		1.45%	18.30%

BDX - Closed

The Becton Dickinson and Company (BDX) Oct 65.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$6,500.00
Net Profit	$33.98
Percent Return	0.52%
Annualized Return	6.36%
Days Held to Expiration	30 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/21/2011	BDX	CSP Margin Used	CSP 100 BDX @ 65.00		($6,500.00)
9/21/2011	BDX	Initial Put Option	STO 1 Oct11 65.00 Put @ 0.34	Expired		$33.98
10/21/2011	BDX	CSP Margin Returned	CSP 100 BDX @ -65.00		$0.00	$6,500.00
10/21/2011	BDX		Net Cost/Profit-Loss		($6,500.00)	$33.98
DTE	30		Percent Profit-Loss/Annualized		0.52%	6.36%

NUE - Adjustment

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

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	38
Years of Positive Free Cash Flow (last 10 years)	10
Fair Value Estimate	$58.00
Target Buy Price	$34.80
Target Margin of Safety	40.00%
Actual Buy Price	$40.00
Actual Margin of Safety	31.03%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/19/2011	NUE	CSP Margin Returned	CSP 100 NUE @ -40.00		$4,000.00
10/19/2011	NUE	Stock Assigned	EX 1 Oct11 40.00 Put @ -40.00		($4,000.00)
10/20/2011	NUE	Continued Trade	STO 1 Jan12 40.00 Call @ 0.89			$89.36

Current Position Summary

Cost Basis	($4,000.00)
Income Generated	$403.30
Percent Income Generated	10.08%
Annualized Income Generated	14.96%
Net Profit If Assigned	$403.30
Percent Return If Assigned	10.08%
Annualized Return If Assigned	14.96%
Days Held to Expiration	246 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/19/2011	NUE	CSP Margin Used	CSP 100 NUE @ 40.00		($4,000.00)
5/19/2011	NUE	Initial Put Option	STO 1 Jun11 40.00 Put @ 0.35	Closed		$34.98
6/17/2011	NUE	Buy Back and Roll Out	BTC 1 Jun11 40.00 Put @ -0.75			($75.02)
6/17/2011	NUE	Continued Trade	STO 1 Oct11 40.00 Put @ 3.54	Exercised		$353.98
10/19/2011	NUE	CSP Margin Returned	CSP 100 NUE @ -40.00		$4,000.00
10/19/2011	NUE	Stock Assigned	EX 1 Oct11 40.00 Put @ -40.00		($4,000.00)
10/20/2011	NUE	Continued Trade	STO 1 Jan12 40.00 Call @ 0.89			$89.36
1/20/2012	NUE		Totals		($4,000.00)	$403.30
DTE	246		Percent Income/Annualized		10.08%	14.96%