COP - New Position

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

Criteria	Value
Dividend Champions Status	Contender
Years of Consecutive Dividend Increases	11
Fair Value Estimate	$85.00
Target Buy Price	$68.00
Target Margin of Safety	20.00%
Actual Buy Price	$65.00
Actual Margin of Safety	23.53%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/31/2011	COP	CSP Margin Used	CSP 100 COP @ 65.00		($6,500.00)
10/31/2011	COP	Initial Put Option	STO 1 Jan12 65.00 Put @ 1.87			$186.97

Position Summary

Cost Basis	($6,500.00)
Income Generated	$186.97
Percent Income Generated	2.88%
Annualized Income Generated	12.96%
Net Profit If Assigned	$186.97
Percent Return If Assigned	2.88%
Annualized Return If Assigned	12.96%
Days Held to Expiration	81 days

NUE - Adjustment

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

This is the second position on NUE.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	38
Fair Value Estimate	$58.00
Target Buy Price	$35.00
Target Margin of Safety	39.66%
Actual Buy Price	$35.00
Actual Margin of Safety	39.66%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/31/2011	NUE	Continued Trade	STO 1 Jan12 35.00 Put @ 1.47			$146.52

Current Position Summary

Cost Basis	($3,500.00)
Income Generated	$255.50
Percent Income Generated	7.30%
Annualized Income Generated	11.01%
Net Profit If Assigned	$255.50
Percent Return If Assigned	7.30%
Annualized Return If Assigned	11.01%
Days Held to Expiration	242 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/23/2011	NUE	CSP Margin Used	CSP 100 NUE @ 35.00		($3,500.00)
5/23/2011	NUE	Initial Put Option	STO 1 Oct11 35.00 Put @ 1.09	Expired		$108.98
10/31/2011	NUE	Continued Trade	STO 1 Jan12 35.00 Put @ 1.47			$146.52
1/20/2012	NUE		Totals		($3,500.00)	$255.50
DTE	242		Percent Income/Annualized		7.30%	11.01%

MMM - Adjustment

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

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	53
Fair Value Estimate	$100.00
Target Buy Price	$80.00
Target Margin of Safety	20.00%
Actual Buy Price	$70.00
Actual Margin of Safety	30.00%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/31/2011	MMM	Continued Trade	STO 1 Jan12 70.00 Put @ 1.56			$155.97

Current Position Summary

Cost Basis	($7,000.00)
Income Generated	$246.95
Percent Income Generated	3.53%
Annualized Income Generated	10.64%
Net Profit If Assigned	$246.95
Percent Return If Assigned	3.53%
Annualized Return If Assigned	10.64%
Days Held to Expiration	121 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/21/2011	MMM	CSP Margin Used	CSP 100 MMM @ 70.00		($7,000.00)
9/21/2011	MMM	Initial Put Option	STO 1 Oct11 70.00 Put @ 0.91	Expired		$90.98
10/31/2011	MMM	Continued Trade	STO 1 Jan12 70.00 Put @ 1.56			$155.97
1/20/2012	MMM		Totals		($7,000.00)	$246.95
DTE	121		Percent Income/Annualized		3.53%	10.64%

LOW - Adjustment

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

This is the second position on LOW.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	48
Fair Value Estimate	$36.00
Target Buy Price	$25.00
Target Margin of Safety	30.56%
Actual Buy Price	$21.00
Actual Margin of Safety	41.67%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/31/2011	LOW	Continued Trade	STO 2 Nov11 21.00 Put @ 0.59			$118.55

Current Position Summary

Cost Basis	($4,200.00)
Income Generated	$231.11
Percent Income Generated	5.50%
Annualized Income Generated	11.22%
Net Profit If Assigned	$231.11
Percent Return If Assigned	5.50%
Annualized Return If Assigned	11.22%
Days Held to Expiration	179 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/23/2011	LOW	CSP Margin Used	CSP 200 LOW @ 21.00		($4,200.00)
5/23/2011	LOW	Initial Put Option	STO 2 Oct11 21.00 Put @ 0.56	Expired		$112.56
10/31/2011	LOW	Continued Trade	STO 2 Nov11 21.00 Put @ 0.59			$118.55
11/18/2011	LOW		Totals		($4,200.00)	$231.11
DTE	179		Percent Income/Annualized		5.50%	11.22%

ABT - Adjustment

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

This is the second position on ABT.

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	$68.00
Target Buy Price	$55.00
Target Margin of Safety	20.00%
Actual Buy Price	$52.50
Actual Margin of Safety	22.79%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/31/2011	ABT	Continued Trade	STO 1 Jan12 52.50 Put @ 1.44			$144.12

Current Position Summary

Cost Basis	($5,250.00)
Income Generated	$436.40
Percent Income Generated	8.31%
Annualized Income Generated	12.33%
Net Profit If Assigned	$436.40
Percent Return If Assigned	8.31%
Annualized Return If Assigned	12.33%
Days Held to Expiration	246 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/19/2011	ABT	CSP Margin Used	CSP 100 ABT @ 52.50		($5,250.00)
5/19/2011	ABT	Initial Put Option	STO 1 Jun11 52.50 Put @ 0.55	Closed		$55.34
6/17/2011	ABT	Buy Back and Roll Out	BTC 1 Jun11 52.50 Put @ -0.82			($81.97)
6/17/2011	ABT	Continued Trade	STO 1 Aug11 52.50 Put @ 2.19	Exercised		$219.03
8/19/2011	ABT	CSP Margin Returned	CSP 100 ABT @ -52.50		$5,250.00
8/19/2011	ABT	Stock Assigned	EX 1 Aug11 52.50 Put @ -52.50		($5,250.00)
8/24/2011	ABT	Continued Trade	STO 1 Oct11 52.50 Call @ 1.00	Exercised		$99.98
10/21/2011	ABT	Stock Called	EX 1 Oct11 52.50 Call @ 52.50		$5,250.00	($0.10)
10/24/2011	ABT	CSP Margin Used	CSP 100 ABT @ 52.50		($5,250.00)
10/31/2011	ABT	Continued Trade	STO 1 Jan12 52.50 Put @ 1.44			$144.12
1/20/2012	ABT		Totals		($5,250.00)	$436.40
DTE	246		Percent Income/Annualized		8.31%	12.33%

MDT - Closed

The Medtronic Inc (MDT) Oct11 30.00 Put expired on 10/21. I was going to continue the position this week, but the stock went up too far, so I decided to close the position. All prices include IB commissions.

Position Summary

Cost Basis	$3,000.00
Net Profit	$24.98
Percent Return	0.83%
Annualized Return	10.13%
Days Held to Expiration	30 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/21/2011	MDT	CSP Margin Used	CSP 100 MDT @ 30.00		($3,000.00)
9/21/2011	MDT	Initial Put Option	STO 1 Oct11 30.00 Put @ 0.25	Expired		$24.98
10/21/2011	MDT	CSP Margin Returned	CSP 100 MDT @ -30.00		$0.00	$3,000.00
10/21/2011	MDT		Net Cost/Profit-Loss		($3,000.00)	$24.98
DTE	30		Percent Profit-Loss/Annualized		0.83%	10.13%

DOV - Closed

The Dover Corp (DOV) Oct11 45.00 Put expired on 10/21. I was going to continue the position this week, but the stock went up too far, so I decided to close the position. All prices include IB commissions.

Position Summary

Cost Basis	$4,500.00
Net Profit	$77.98
Percent Return	1.73%
Annualized Return	20.40%
Days Held to Expiration	31 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/20/2011	DOV	CSP Margin Used	CSP 100 DOV @ 45.00		($4,500.00)
9/20/2011	DOV	Initial Put Option	STO 1 Oct11 45.00 Put @ 0.78	Expired		$77.98
10/21/2011	DOV	CSP Margin Returned	CSP 100 DOV @ -45.00		$0.00	$4,500.00
10/21/2011	DOV		Net Cost/Profit-Loss		($4,500.00)	$77.98
DTE	31		Percent Profit-Loss/Annualized		1.73%	20.40%

TBT - Adjustment

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

This is the second position on TBT.

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/27/2011	TBT	Continued Trade	STO 2 Nov11 23.00 Call @ 0.90			$180.55

Current Position Summary

Cost Basis	($4,600.00)
Income Generated	$625.32
Percent Income Generated	13.59%
Annualized Income Generated	64.44%
Net Profit If Assigned	$625.32
Percent Return If Assigned	13.59%
Annualized Return If Assigned	64.44%
Days Held to Expiration	77 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/2/2011	TBT	CSP Margin Used	CSP 200 TBT @ 23.00		($4,600.00)
9/2/2011	TBT	Initial Put Option	STO 2 Sep11 23.00 Put @ 1.04	Closed		$207.65
9/16/2011	TBT	Buy Back and Roll Out	BTC 2 Sep11 23.00 Put @ -0.14			($28.02)
9/16/2011	TBT	Continued Trade	STO 2 Oct11 23.00 Put @ 1.33	Exercised		$265.14
10/21/2011	TBT	CSP Margin Returned	CSP 200 TBT @ -23.00		$4,600.00
10/21/2011	TBT	Stock Assigned	EX 2 Oct11 23.00 Put @ -23.00		($4,600.00)
10/27/2011	TBT	Continued Trade	STO 2 Nov11 23.00 Call @ 0.90			$180.55
11/18/2011	TBT		Totals		($4,600.00)	$625.32
DTE	77		Percent Income/Annualized		13.59%	64.44%

PFE - Adjustment

The following adjustment was made today on Pfizer Inc (PFE). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Fallen Angel*
Previous Years of Consecutive Dividend Increases	41**
Fair Value Estimate	$27.00
Target Buy Price	$20.00
Target Margin of Safety	25.93%
Actual Buy Price	$19.00
Actual Margin of Safety	29.63%

*PFE is what I classify as a Fallen Angel (i.e. former Dividend Champion). PFE cut the dividend in 2009, but has since increased it in 2010 and 2011. **Prior to cutting the dividend PFE had 41 years of consecutive dividend increases.

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/27/2011	PFE	Continued Trade	STO 2 Nov11 19.00 Call @ 1.01			$202.31

Current Position Summary

Cost Basis	($3,800.00)
Income Generated	$411.25
Percent Income Generated	10.82%
Annualized Income Generated	22.07%
Net Profit If Assigned	$411.25
Percent Return If Assigned	10.82%
Annualized Return If Assigned	22.07%
Days Held to Expiration	179 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/23/2011	PFE	CSP Margin Used	CSP 200 PFE @ 19.00		($3,800.00)
5/23/2011	PFE	Initial Put Option	STO 2 Aug11 19.00 Put @ 0.44	Exercised		$88.32
8/19/2011	PFE	CSP Margin Returned	CSP 200 PFE @ -19.00		$3,800.00
8/19/2011	PFE	Stock Assigned	EX 2 Aug11 19.00 Put @ -19.00		($3,800.00)
8/29/2011	PFE	Continued Trade	STO 2 Sep11 19.00 Call @ 0.39	Expired		$78.31
9/20/2011	PFE	Continued Trade	STO 2 Oct11 19.00 Call @ 0.21	Expired		$42.31
10/27/2011	PFE	Continued Trade	STO 2 Nov11 19.00 Call @ 1.01			$202.31
11/18/2011	PFE		Totals		($3,800.00)	$411.25
DTE	179		Percent Income/Annualized		10.82%	22.07%

GE - Adjustment

The following adjustment was made today on General Electric (GE). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Fallen Angel*
Previous Years of Consecutive Dividend Increases	32**
Fair Value Estimate	$25.00
Target Buy Price	$20.00
Target Margin of Safety	20.00%
Actual Buy Price	$18.00
Actual Margin of Safety	28.00%

*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.

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/27/2011	GE	Continued Trade	STO 2 Dec11 18.00 Call @ 0.40			$79.15

Current Position Summary

Cost Basis	($3,600.00)
Income Generated	$208.31
Percent Income Generated	5.79%
Annualized Income Generated	10.20%
Net Profit If Assigned	$208.31
Percent Return If Assigned	5.79%
Annualized Return If Assigned	10.20%
Days Held to Expiration	207 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/23/2011	GE	CSP Margin Used	CSP 200 GE @ 18.00		($3,600.00)
5/23/2011	GE	Initial Put Option	STO 2 Aug11 18.00 Put @ 0.50	Exercised		$99.16
8/19/2011	GE	CSP Margin Returned	CSP 2 @ 18.00		$3,600.00
8/19/2011	GE	Stock Assigned	EX 2 Aug11 18.00 Put @ -18.00		($3,600.00)
10/25/2011	GE	Dividend Received	DIV 200 Dividend @ 0.15			$30.00
10/27/2011	GE	Continued Trade	STO 2 Dec11 18.00 Call @ 0.40			$79.15
12/16/2011	GE		Totals		($3,600.00)	$208.31
DTE	207		Percent Income/Annualized		5.79%	10.20%