CL - Adjustment

The following adjustment was made today on Colgate-Palmolive Company (CL). CL announced earnings today and I decided to continue this position. All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	47
Years of Positive Free Cash Flow (last 10 years)	10
Ratio of P/E at Cost / 5yr Average P/E	0.82
Discount to Morningstar's Fair Value Estimate	18.48%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/27/2011	CL	Continued Trade	STO 1 Mar11 75.00 Put @ 0.77			$76.99

Current Position Summary

Cost Basis	($7,500.00)
Income Generated	$297.97
Percent Income Generated	3.97%
Annualized Income Generated	8.19%
Net Profit If Assigned	$297.97
Percent Return If Assigned	3.97%
Annualized Return If Assigned	8.19%
Days Held to Expiration	177 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/22/2010	CL	CSP Margin Used	CSP 100 CL @ 75.00		($7,500.00)
9/22/2010	CL	Initial Put Option	STO 1 Nov10 75.00 Put @ 1.11	Expired		$110.99
11/22/2010	CL	Continued Trade	STO 1 Jan11 75.00 Put @ 1.10	Expired		$109.99
1/27/2011	CL	Continued Trade	STO 1 Mar11 75.00 Put @ 0.77			$76.99
3/18/2011	CL		Totals		($7,500.00)	$297.97
DTE	177		Percent Income/Annualized		3.97%	8.19%

ABT - New Position

A new CSP position was established today on Abbott Laboratories (ABT). All prices include IB commissions.

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

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	46
Years of Positive Free Cash Flow (last 10 years)	10
Ratio of P/E at Cost / 5yr Average P/E	0.65
Discount to Morningstar's Fair Value Estimate	32.35%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/26/2011	ABT	CSP Margin Used	CSP 100 ABT @ 46.00		($4,600.00)
1/26/2011	ABT	Initial Put Option	STO 1 Feb11 46.00 Put @ 0.32			$31.84

Position Summary

Cost Basis	($4,600.00)
Income Generated	$31.84
Percent Income Generated	0.69%
Annualized Income Generated	10.98%
Net Profit If Assigned	$31.84
Percent Return If Assigned	0.69%
Annualized Return If Assigned	10.98%
Days Held to Expiration	23 days

ABT - Closed

The Abbott Laboratories (ABT) Jan11 47.00 Put expired on Friday. Today ABT announced earnings and the stock has declined below $47.00, so I decided to close this position and establish a new CSP at the $46 strike. All prices include IB commissions.

This was the second position on ABT. The first position is a CC.

Position Summary

Cost Basis	$4,700.00
Net Profit	$103.04
Percent Return	2.19%
Annualized Return	6.61%
Days Held to Expiration	121 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/22/2010	ABT	CSP Margin Used	CSP 100 ABT @ 47.00		($4,700.00)
9/22/2010	ABT	Initial Put Option	STO 1 Jan11 47.00 Put @ 1.03			$103.04
1/21/2011	ABT	CSP Margin Returned	CSP 100 ABT @ -47.00			$4,700.00
1/21/2011	ABT		Net Cost/Profit-Loss		($4,700.00)	$103.04
DTE	121		Percent Profit-Loss/Annualized		2.19%	6.61%

JNJ - New Position

A new CSP position was established today on Johnson and Johnson (JNJ). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	48
Years of Positive Free Cash Flow (last 10 years)	10
Ratio of P/E at Cost / 5yr Average P/E	0.81
Discount to Morningstar's Fair Value Estimate	22.08%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/25/2011	JNJ	CSP Margin Used	CSP 100 JNJ @ 60.00		($6,000.00)
1/25/2011	JNJ	Initial Put Option	STO 1 Mar11 60.00 Put @ 0.94			$94.04

Position Summary

Cost Basis	($6,000.00)
Income Generated	$94.04
Percent Income Generated	1.57%
Annualized Income Generated	11.00%
Net Profit If Assigned	$94.04
Percent Return If Assigned	1.57%
Annualized Return If Assigned	11.00%
Days Held to Expiration	52 days

MMM - Closed

The 3M Company (MMM) Jan11 80.00 Put expired on Friday. MMM announced earnings today and I decided to close the position. All prices include IB commissions.

Position Summary

Cost Basis	$8,000.00
Net Profit	$251.55
Percent Return	3.14%
Annualized Return	9.49%
Days Held to Expiration	121 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/22/2010	MMM	CSP Margin Used	CSP 100 MMM @ 80.00		($8,000.00)
9/22/2010	MMM	Initial Put Option	STO 1 Nov10 80.00 Put @ 1.32	Expired		$131.99
11/22/2010	MMM	Continued Trade	STO 1 Jan11 80.00 Put @ 1.20			$119.56
1/21/2011	MMM	CSP Margin Returned	CSP 100 MMM @ -80.00			$8,000.00
1/21/2011	MMM		Net Cost/Profit-Loss		($8,000.00)	$251.55
DTE	121		Percent Profit-Loss/Annualized		3.14%	9.49%

JNJ - Closed

The Johnson and Johnson (JNJ) Jan11 62.50 Put expired on Friday. Today JNJ announced earnings and the stock has declined below $62.50, so I decided to close this position and establish a new CSP at the $60 strike. All prices include IB commissions.

Position Summary

Cost Basis	$6,250.00
Net Profit	$756.97
Percent Return	12.11%
Annualized Return	18.04%
Days Held to Expiration	245 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/21/2010	JNJ	CSP Margin Used	CSP 100 JNJ @ 62.50		($6,250.00)
5/21/2010	JNJ	Initial Put Option	STO 1 Oct10 62.50 Put @ 5.21	Expired		$521.14
10/19/2010	JNJ	Continued Trade	STO 1 Nov10 62.50 Put @ 0.91	Expired		$91.24
11/22/2010	JNJ	Continued Trade	STO 1 Dec10 62.50 Put @ 0.61	Closed		$60.99
12/17/2010	JNJ	Buy Back and Roll Out	BTC 1 Dec10 62.50 Put @ -0.06			($6.44)
12/17/2010	JNJ	Continued Trade	STO 1 Jan11 62.50 Put @ 0.90	Expired		$90.04
1/21/2011	JNJ	CSP Margin Returned	CSP 100 JNJ @ -62.50			$6,250.00
1/21/2011	JNJ		Net Cost/Profit-Loss		($6,250.00)	$756.97
DTE	245		Percent Profit-Loss/Annualized		12.11%	18.04%

MDT - Adjustment

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

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

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	33
Years of Positive Free Cash Flow (last 10 years)	10
Ratio of P/E at Cost / 5yr Average P/E	0.64
Discount to Morningstar's Fair Value Estimate	23.91%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/24/2011	MDT	Continued Trade	STO 2 Mar11 35.00 Put @ 0.48			$95.07

Current Position Summary

Cost Basis	($7,000.00)
Income Generated	$156.14
Percent Income Generated	2.23%
Annualized Income Generated	9.36%
Net Profit If Assigned	$156.14
Percent Return If Assigned	2.23%
Annualized Return If Assigned	9.36%
Days Held to Expiration	87 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
12/21/2010	MDT	CSP Margin Used	CSP 200 MDT @ 35.00		($7,000.00)
12/21/2010	MDT	Initial Put Option	STO 2 Jan11 35.00 Put @ 0.31	Expired		$61.07
1/24/2011	MDT	Continued Trade	STO 2 Mar11 35.00 Put @ 0.48			$95.07
3/18/2011	MDT		Totals		($7,000.00)	$156.14
DTE	87		Percent Income/Annualized		2.23%	9.36%

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. This first position is a CC.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	48
Years of Positive Free Cash Flow (last 10 years)	8
Ratio of P/E at Cost / 5yr Average P/E	1.14
Discount to Morningstar's Fair Value Estimate	33.33%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/24/2011	LOW	Continued Trade	STO 2 Feb11 24.00 Put @ 0.24			$48.57

Current Position Summary

Cost Basis	($4,800.00)
Income Generated	$91.14
Percent Income Generated	1.90%
Annualized Income Generated	12.16%
Net Profit If Assigned	$91.14
Percent Return If Assigned	1.90%
Annualized Return If Assigned	12.16%
Days Held to Expiration	57 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
12/23/2010	LOW	CSP Margin Used	CSP 200 LOW @ 24.00		($4,800.00)
12/23/2010	LOW	Initial Put Option	STO 2 Jan11 24.00 Put @ 0.21	Expired		$42.57
1/24/2011	LOW	Continued Trade	STO 2 Feb11 24.00 Put @ 0.24			$48.57
2/18/2011	LOW		Totals		($4,800.00)	$91.14
DTE	57		Percent Income/Annualized		1.90%	12.16%

UTX - Closed

The United Technologies (UTX) position was exercised on Fri and the stock was called away for a profit. All prices include IB commissions.

Closed Position Summary

Cost Basis	$7,500.00
Net Profit	$512.81
Percent Return	6.84%
Annualized Return	9.38%
Days Held to Expiration	266 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
4/30/2010	UTX	CSP Margin Used	CSP 100 UTX @ 75.00		($7,500.00)
4/30/2010	UTX	Continued Trade	STO 1 May10 75.00 Put @ 1.77	Closed		$176.99
5/21/2010	UTX	Buy Back and Roll Out	BTC 1 May10 75.00 Put @ -9.05			($904.86)
5/21/2010	UTX	Continued Trade	STO 1 Aug10 75.00 Put @ 10.60	Expired		$1,060.14
8/20/2010	UTX	CSP Margin Returned	CSP 100 UTX @ -75.00		$7,500.00
8/20/2010	UTX	Stock Assigned	EX 1 Aug10 75.00 Put @ -75.00		($7,500.00)
9/1/2010	UTX	Continued Trade	STO 1 Jan11 75.00 Call @ 1.38	Exercised		$138.04
12/10/2010	UTX	Dividend Received	DIV 100 Dividend @ 0.43			$42.50
1/21/2011	UTX	Stock Called	EX 1 Jan11 75.00 Call @ 75.00			$7,500.00
1/21/2011	UTX		Net Cost/Profit-Loss		($7,500.00)	$512.81
DTE	266		Percent Profit-Loss/Annualized		6.84%	9.38%

MON - Closed

The Monsanto Company (MON) Jan11 50.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$5,000.00
Net Profit	$148.54
Percent Return	2.97%
Annualized Return	11.79%
Days Held to Expiration	92 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/21/2010	MON	CSP Margin Used	CSP 100 MON @ 50.00		($5,000.00)
10/21/2010	MON	Initial Put Option	STO 1 Jan11 50.00 Put @ 1.49	Expired		$148.54
1/21/2011	MON	CSP Margin Returned	CSP 100 MON @ -50.00			$5,000.00
1/21/2011	MON		Net Cost/Profit-Loss		($5,000.00)	$148.54
DTE	92		Percent Profit-Loss/Annualized		2.97%	11.79%

MHP - Closed

The McGraw Hill Companies Inc (MHP) position was exercised on Fri and the stock was called away for a profit. All prices include IB commissions.

Closed Position Summary

Cost Basis	$3,500.00
Net Profit	$138.80
Percent Return	3.97%
Annualized Return	4.35%
Days Held to Expiration	333 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
2/22/2010	MHP	CSP Margin Used	CSP 100 MHP @ 35.00		($3,500.00)
2/22/2010	MHP	Initial Put Option	STO 1 Mar10 35.00 Put @ 1.05	Expired		$104.99
3/24/2010	MHP	Continued Trade	STO 1 May10 35.00 Put @ 1.10	Closed		$109.54
5/21/2010	MHP	Buy Back and Roll Out	BTC 1 May10 35.00 Put @ -6.84			($683.86)
5/21/2010	MHP	Continued Trade	STO 1 Aug10 35.00 Put @ 7.32	Exercised		$732.14
8/20/2010	MHP	CSP Margin Returned	CSP 100 MHP @ -35.00		$3,500.00
8/20/2010	MHP	Stock Assigned	EX 1 Aug10 35.00 Put @ -35.00		($3,500.00)
9/1/2010	MHP	Continued Trade	STO 1 Jan11 32.50 Call @ 0.79	Exercised		$78.99
9/10/2010	MHP	Dividend Received	DIV 100 Dividend @ 0.24			$23.50
12/10/2010	MHP	Dividend Received	DIV 100 Dividend @ 0.24			$23.50
1/21/2011	MHP	Stock Called	EX 1 Jan11 32.50 Call @ 32.50			$3,250.00
1/21/2011	MHP		Net Cost/Profit-Loss		($3,500.00)	$138.80
DTE	333		Percent Profit-Loss/Annualized		3.97%	4.35%

ITW - Closed

The Illinois Tool Works Inc (ITW) Jan11 42.50 Put expired and the position was closed. All prices include IB commissions.

This was the second position on ITW. The first position is a CC.

Closed Position Summary

Cost Basis	$4,250.00
Net Profit	$118.24
Percent Return	2.78%
Annualized Return	10.80%
Days Held to Expiration	94 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/19/2010	ITW	CSP Margin Used	CSP 100 ITW @ 42.50		($4,250.00)
10/19/2010	ITW	Initial Put Option	STO 1 Jan11 42.50 Put @ 1.18	Expired		$118.24
1/21/2011	ITW	CSP Margin Returned	CSP 100 ITW @ -42.50			$4,250.00
1/21/2011	ITW		Net Cost/Profit-Loss		($4,250.00)	$118.24
DTE	94		Percent Profit-Loss/Annualized		2.78%	10.80%

CSX - Closed

The CSX Corporation (CSX) Jan11 52.50 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$5,250.00
Net Profit	$100.99
Percent Return	1.92%
Annualized Return	8.16%
Days Held to Expiration	86 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/27/2010	CSX	CSP Margin Used	CSP 100 CSX @ 52.50		($5,250.00)
10/27/2010	CSX	Initial Put Option	STO 1 Jan11 52.50 Put @ 1.01	Expired		$100.99
1/21/2011	CSX	CSP Margin Returned	CSP 100 CSX @ -52.50			$5,250.00
1/21/2011	CSX		Net Cost/Profit-Loss		($5,250.00)	$100.99
DTE	86		Percent Profit-Loss/Annualized		1.92%	8.16%

ITW - Dividend

A dividend was received on Illinois Tool Works Inc (ITW). All prices include IB commissions.

• Dividend Champions Status = Champion
  
• Years of Consecutive Dividend Increases = 47
  
• Years of Positive Free Cash Flow (last 10 years) = 10
  
• Discount to Morningstar's Fair Value Estimate = 16.67%
  

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/11/2011	ITW	Dividend Received	DIV 100 Dividend @ 0.34			$34.00

Current Position Summary

Cost Basis	($5,000.00)
Income Generated	$481.23
Percent Income Generated	9.62%
Annualized Income Generated	11.59%
Net Profit If Assigned	$481.23
Percent Return If Assigned	9.62%
Annualized Return If Assigned	11.59%
Days Held to Expiration	303 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
4/21/2010	ITW	CSP Margin Used	CSP 100 ITW @ 50.00		($5,000.00)
4/21/2010	ITW	Initial Put Option	STO 1 May10 50.00 Put @ 0.84	Closed		$83.99
5/21/2010	ITW	Buy Back and Roll Out/Down	BTC 1 May10 50.00 Put @ -4.83			($482.86)
5/21/2010	ITW	Continued Trade	STO 1 Sep10 50.00 Put @ 6.66	Exercised		$666.14
9/17/2010	ITW	CSP Margin Returned	CSP 100 ITW @ -50.00		$5,000.00
9/17/2010	ITW	Stock Assigned	EX 1 Sep10 50.00 Put @ -50.00		($5,000.00)
9/24/2010	ITW	Continued Trade	STO 1 Nov10 50.00 Call @ 0.60	Expired		$60.24
10/13/2010	ITW	Dividend Received	DIV 100 Dividend @ 0.34			$34.00
11/24/2010	ITW	Continued Trade	STO 1 Jan11 50.00 Call @ 0.46	Closed		$46.24
12/21/2010	ITW	Buy Back and Roll Out	BTC 1 Jan11 50.00 Call @ -3.24			($323.76)
12/21/2010	ITW	Continued Trade	STO 1 Feb11 50.00 Call @ 3.63			$363.24
1/11/2011	ITW	Dividend Received	DIV 100 Dividend @ 0.34			$34.00
2/18/2011	ITW		Totals		($5,000.00)	$481.23
DTE	303		Percent Income/Annualized		9.62%	11.59%

WMT - New Position

A new CSP position was established today on Wal-Mart Stores Inc (WMT). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	41
Years of Positive Free Cash Flow (last 10 years)	9
Ratio of P/E at Cost / 5yr Average P/E	0.82
Discount to Morningstar's Fair Value Estimate	16.67

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/5/2011	WMT	CSP Margin Used	CSP 100 WMT @ 50.00		($5,000.00)
1/5/2011	WMT	Initial Put Option	STO 1 Jan11 24.00 Put @ 0.41			$40.99

Position Summary

Cost Basis	($5,000.00)
Income Generated	$40.99
Percent Income Generated	0.82%
Annualized Income Generated	4.16%
Net Profit If Assigned	$40.99
Percent Return If Assigned	0.82%
Annualized Return If Assigned	4.16%
Days Held to Expiration	72 days

ADP - Adjustment

The following adjustment was made today on Automatic Data Processing (ADP). 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
Ratio of P/E at Cost / 5yr Average P/E	0.93
Discount to Morningstar's Fair Value Estimate	15.38%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/5/2011	ADP	Buy Back and Roll Out/Up	BTC 1 Feb11 43.00 Call @ -4.68			($467.76)
1/5/2011	ADP	Continued Trade	STO 1 Aug11 44.00 Call @ 4.72			$472.24

Current Position Summary

Cost Basis	($4,400.00)
Income Generated	$209.47
Percent Income Generated	4.76%
Annualized Income Generated	3.63%
Net Profit If Assigned	$209.47
Percent Return If Assigned	4.76%
Annualized Return If Assigned	3.63%
Days Held to Expiration	479 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
4/27/2010	ADP	CSP Margin Used	CSP 100 ADP @ 44.00		($4,400.00)
4/27/2010	ADP	Initial Put Option	STO 1 May10 44.00 Put @ 0.49	Closed		$48.99
5/21/2010	ADP	Buy Back and Roll Out	BTC 1 May10 44.00 Put @ -3.89			($388.86)
5/21/2010	ADP	Continued Trade	STO 1 Aug10 44.00 Put @ 4.65	Exercised		$465.14
8/20/2010	ADP	CSP Margin Returned	CSP 100 ADP @ -44.00		$4,400.00
8/20/2010	ADP	Stock Assigned	EX 1 Aug10 44.00 Put @ -44.00		($4,400.00)
9/1/2010	ADP	Interim Trade	STO 1 Nov10 42.00 Call @ 0.45	Closed		$45.24
10/1/2010	ADP	Dividend Received	DIV 100 Dividend @ 0.34			$34.00
11/18/2010	ADP	Buy Back and Roll Out/Up	BTC 1 Nov10 42.00 Call @ -3.32			($331.76)
11/18/2010	ADP	Interim Trade	STO 1 Feb11 43.00 Call @ 2.96	Closed		$296.24
1/3/2011	ADP	Dividend Received	DIV 100 Dividend @ 0.36			$36.00
1/5/2011	ADP	Buy Back and Roll Out/Up	BTC 1 Feb11 43.00 Call @ -4.68			($467.76)
1/5/2011	ADP	Continued Trade	STO 1 Aug11 44.00 Call @ 4.72			$472.24
8/19/2011	ADP		Totals		($4,400.00)	$209.47
DTE	479		Percent Income/Annualized		4.76%	3.63%

PEP - New Position

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

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	32
Years of Positive Free Cash Flow (last 10 years)	10
Ratio of P/E at Cost / 5yr Average P/E	0.76
Discount to Morningstar's Fair Value Estimate	17.81%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/4/2011	PEP	CSP Margin Used	CSP 100 PEP @ 60.00		($6,000.00)
1/4/2011	PEP	Initial Put Option	STO 1 Jan11 24.00 Put @ 0.29			$29.04

Position Summary

Cost Basis	($6,000.00)
Income Generated	$29.04
Percent Income Generated	0.48%
Annualized Income Generated	3.93%
Net Profit If Assigned	$29.04
Percent Return If Assigned	0.48%
Annualized Return If Assigned	3.93%
Days Held to Expiration	45 days

BDX - New Position

A new CSP position was established today on Becton Dickinson and Company (BDX). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	28
Years of Positive Free Cash Flow (last 10 years)	10
Ratio of P/E at Cost / 5yr Average P/E	0.76
Discount to Morningstar's Fair Value Estimate	18.37%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/4/2011	BDX	CSP Margin Used	CSP 100 BDX @ 80.00		($8,000.00)
1/4/2011	BDX	Initial Put Option	STO 1 Feb11 80.00 Put @ 1.05			$105.24

Position Summary

Cost Basis	($8,000.00)
Income Generated	$105.24
Percent Income Generated	1.32%
Annualized Income Generated	10.67%
Net Profit If Assigned	$105.24
Percent Return If Assigned	1.32%
Annualized Return If Assigned	10.67%
Days Held to Expiration	45 days

ADP - Dividend

A dividend was received on Automatic Data Processing (ADP). 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
Ratio of P/E at Cost / 5yr Average P/E	0.93
Discount to Morningstar's Fair Value Estimate	15.38%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/3/2011	ADP	Dividend Received	DIV 100 Dividend @ 0.36			$36.00

Current Position Summary

Cost Basis	($4,400.00)
Income Generated	$204.99
Percent Income Generated	4.66%
Annualized Income Generated	5.73%
Net Profit If Assigned	$104.99
Percent Return If Assigned	2.39%
Annualized Return If Assigned	2.93%
Days Held to Expiration	297 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
4/27/2010	ADP	CSP Margin Used	CSP 100 ADP @ 44.00		($4,400.00)
4/27/2010	ADP	Initial Put Option	STO 1 May10 44.00 Put @ 0.49	Closed		$48.99
5/21/2010	ADP	Buy Back and Roll Out	BTC 1 May10 44.00 Put @ -3.89			($388.86)
5/21/2010	ADP	Continued Trade	STO 1 Aug10 44.00 Put @ 4.65	Exercised		$465.14
8/20/2010	ADP	CSP Margin Returned	CSP 100 ADP @ -44.00		$4,400.00
8/20/2010	ADP	Stock Assigned	EX 1 Aug10 44.00 Put @ -44.00		($4,400.00)
9/1/2010	ADP	Interim Trade	STO 1 Nov10 42.00 Call @ 0.45	Closed		$45.24
10/1/2010	ADP	Dividend Received	DIV 100 Dividend @ 0.34			$34.00
11/18/2010	ADP	Buy Back and Roll Out/Up	BTC 1 Nov10 42.00 Call @ -3.32			($331.76)
11/18/2010	ADP	Interim Trade	STO 1 Feb11 43.00 Call @ 2.96			$296.24
1/3/2011	ADP	Dividend Received	DIV 100 Dividend @ 0.36			$36.00
2/18/2011	ADP		Totals		($4,400.00)	$204.99
DTE	297		Percent Income/Annualized		4.66%	5.73%

LMT - New Position

A new CSP position was established today on Lockheed Martin Corp (LMT). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Challenger
Years of Consecutive Dividend Increases	8
Years of Positive Free Cash Flow (last 10 years)	10
Ratio of P/E at Cost / 5yr Average P/E	0.69
Discount to Morningstar's Fair Value Estimate	26.97%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/3/2011	LMT	CSP Margin Used	CSP 100 LMT @ 65.00		($6,500.00)
1/3/2011	LMT	Initial Put Option	STO 1 Feb11 24.00 Put @ 0.61			$61.24

Position Summary

Cost Basis	($6,500.00)
Income Generated	$61.24
Percent Income Generated	0.94%
Annualized Income Generated	7.48%
Net Profit If Assigned	$61.24
Percent Return If Assigned	0.94%
Annualized Return If Assigned	7.48%
Days Held to Expiration	46 days

MDT - Adjustment

A dividend was received on Medtronic Inc (MDT). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	33
Years of Positive Free Cash Flow (last 10 years)	10
Ratio of P/E at Cost / 5yr Average P/E	0.80
Discount to Morningstar's Fair Value Estimate	4.35%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/29/2010	MDT	Dividend Received	DIV 100 Dividend @ 0.23			$22.50

Current Position Summary

Cost Basis	($4,400.00)
Income Generated	$390.69
Percent Income Generated	8.88%
Annualized Income Generated	11.79%
Net Profit If Assigned	($409.31)
Percent Return If Assigned	-9.30%
Annualized Return If Assigned	-12.35%
Days Held to Expiration	275 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
4/21/2010	MDT	CSP Margin Used	CSP 100 MDT @ 44.00		($4,400.00)
4/21/2010	MDT	Initial Put Option	STO 1 May10 44.00 Put @ 0.94	Exercised		$94.14
5/21/2010	MDT	CSP Margin Returned	CSP 100 MDT @ -44.00		$4,400.00
5/21/2010	MDT	Stock Assigned	EX 1 May10 44.00 Put @ -44.00		($4,400.00)
5/21/2010	MDT	Continued Trade	STO 1 Aug10 44.00 Call @ 1.38	Closed		$138.24
7/30/2010	MDT	Dividend Received	DIV 100 Dividend @ 0.23			$22.50
8/2/2010	MDT	Buy Back and Roll Out/Down	BTC 1 Aug10 44.00 Call @ -0.04			($3.96)
8/2/2010	MDT	Continued Trade	STO 1 Nov10 42.00 Call @ 0.44	Closed		$44.04
8/23/2010	MDT	Buy Back	BTC 1 Nov10 42.00 Call @ -0.13			($12.76)
9/1/2010	MDT	Interim Trade	STO 1 Jan11 36.00 Call @ 0.86			$85.99
10/29/2010	MDT	Dividend Received	DIV 100 Dividend @ 0.23			$22.50
1/21/2011	MDT		Totals		($4,400.00)	$390.69
DTE	275		Percent Income/Annualized		8.88%	11.79%

LOW - Adjustment

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.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	48
Years of Positive Free Cash Flow (last 10 years)	8
Ratio of P/E at Cost / 5yr Average P/E	1.14
Discount to Morningstar's Fair Value Estimate	33.33%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/3/2011	LOW	Buy Back and Roll Out	BTC 2 Jan11 24.00 Call @ -1.37			($273.43)
1/3/2011	LOW	Continued Trade	STO 2 Feb11 24.00 Call @ 1.59			$317.07

Current Position Summary

Cost Basis	($4,800.00)
Income Generated	$623.08
Percent Income Generated	12.98%
Annualized Income Generated	17.36%
Net Profit If Assigned	$623.08
Percent Return If Assigned	12.98%
Annualized Return If Assigned	17.36%
Days Held to Expiration	273 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/21/2010	LOW	CSP Margin Used	CSP 200 LOW @ 24.00		($4,800.00)
5/21/2010	LOW	Initial Put Option	STO 2 Oct10 24.00 Put @ 2.44	Exercised		$488.87
10/15/2010	LOW	CSP Margin Returned	CSP 200 LOW @ -24.00		$4,800.00
10/15/2010	LOW	Stock Assigned	EX 2 Oct10 24.00 Put @ -24.00		($4,800.00)
10/20/2010	LOW	Continued Trade	STO 2 Jan11 24.00 Call @ 0.34	Closed		$68.57
11/3/2010	LOW	Dividend Received	DIV 200 Dividend @ 0.11			$22.00
1/3/2011	LOW	Buy Back and Roll Out	BTC 2 Jan11 24.00 Call @ -1.37			($273.43)
1/3/2011	LOW	Continued Trade	STO 2 Feb11 24.00 Call @ 1.59			$317.07
2/18/2011	LOW		Totals		($4,800.00)	$623.08
DTE	273		Percent Income/Annualized		12.98%	17.36%