Sunday, February 20, 2011

VFC - Closed




The V F Corp (VFC) Feb11 65.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$6,500.00
Net Profit$153.99
Percent Return2.37%
Annualized Return5.80%
Days Held to Expiration149 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/22/2010VFCCSP Margin UsedCSP 100 VFC @ 65.00 ($6,500.00) 
9/22/2010VFCInitial Put OptionSTO 1 Feb11 65.00 Put @ 1.54Expired $153.99
2/18/2011VFCCSP Margin ReturnedCSP 100 VFC @ -65.00  $6,500.00
2/18/2011VFC Net Cost/Profit-Loss ($6,500.00)$153.99
DTE149 Percent Profit-Loss/Annualized 2.37%5.80%

VFC - Closed




The V F Corp (VFC) Feb11 85.00 Call was exercised and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$8,500.00
Net Profit$516.26
Percent Return6.07%
Annualized Return7.54%
Days Held to Expiration294 days


Trade History

















DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/30/2010VFCCSP Margin UsedCSP 100 VFC @ 85.00 ($8,500.00) 
4/30/2010VFCInitial Put OptionSTO 1 May10 85.00 Put @ 0.99Closed $99.14
5/21/2010VFCBuy Back and Roll OutBTC 1 May10 85.00 Put @ -7.49  ($748.86)
5/21/2010VFCContinued TradeSTO 1 Aug10 85.00 Put @ 9.29Expired $928.99
8/20/2010VFCCSP Margin ReturnedCSP 100 VFC @ -85.00 $8,500.00 
8/20/2010VFCStock AssignedEX 1 Aug10 85.00 Put @ -85.00 ($8,500.00) 
9/1/2010VFCContinued TradeSTO 1 Feb11 85.00 Call @ 1.14Exercised $113.99
9/20/2010VFCDividend ReceivedDIV 100 Dividend @ 0.60  $60.00
12/20/2010VFCDividend ReceivedDIV 100 Dividend @ 0.63  $63.00
2/18/2011VFCStock CalledEX 1 Feb11 85.00 Call @ 85.00  $8,500.00
2/18/2011VFC Net Cost/Profit-Loss ($8,500.00)$516.26
DTE294 Percent Profit-Loss/Annualized 6.07%7.54%

TLT - Closed




The iShares 20+ Year Treasury Bond Fund (TLT) Feb11 88.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$8,800.00
Net Profit$71.99
Percent Return0.82%
Annualized Return5.06%
Days Held to Expiration59 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
12/21/2010TLTCSP Margin UsedCSP 100 TLT @ 88.00 ($8,800.00) 
12/21/2010TLTInitial Put OptionSTO 1 Feb11 88.00 Put @ 0.72Expired $71.99
2/18/2011TLTCSP Margin ReturnedCSP 100 TLT @ -88.00  $8,800.00
2/18/2011TLT Net Cost/Profit-Loss ($8,800.00)$71.99
DTE59 Percent Profit-Loss/Annualized 0.82%5.06%

TBT - Closed




The ProShares UltraShort 20+ Year Treasury (TBT) Feb11 35.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$7,000.00
Net Profit$138.07
Percent Return1.97%
Annualized Return12.20%
Days Held to Expiration59 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
12/21/2010TBTCSP Margin UsedCSP 200 TBT @ 35.00 ($7,000.00) 
12/21/2010TBTInitial Put OptionSTO 2 Feb11 35.00 Put @ 0.69Expired $138.07
2/18/2011TBTCSP Margin ReturnedCSP 200 TBT @ -35.00  $7,000.00
2/18/2011TBT Net Cost/Profit-Loss ($7,000.00)$138.07
DTE59 Percent Profit-Loss/Annualized 1.97%12.20%

SYK - Closed




The Stryker Corp (SYK) Feb11 50.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$5,000.00
Net Profit$62.24
Percent Return1.24%
Annualized Return7.70%
Days Held to Expiration59 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
12/21/2010SYKCSP Margin UsedCSP 100 SYK @ 50.00 ($5,000.00) 
12/21/2010SYKInitial Put OptionSTO 1 Feb11 50.00 Put @ 0.62Expired $62.24
2/18/2011SYKCSP Margin ReturnedCSP 100 SYK @ -50.00  $5,000.00
2/18/2011SYK Net Cost/Profit-Loss ($5,000.00)$62.24
DTE59 Percent Profit-Loss/Annualized 1.24%7.70%

RTN - Closed




The Raytheon Company (RTN) Feb11 43.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$4,300.00
Net Profit$78.99
Percent Return1.84%
Annualized Return11.36%
Days Held to Expiration59 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
12/21/2010RTNCSP Margin UsedCSP 100 RTN @ 43.00 ($4,300.00) 
12/21/2010RTNInitial Put OptionSTO 1 Jan11 43.00 Put @ 0.79Expired $78.99
2/18/2011RTNCSP Margin ReturnedCSP 100 RTN @ -43.00  $4,300.00
2/18/2011RTN Net Cost/Profit-Loss ($4,300.00)$78.99
DTE59 Percent Profit-Loss/Annualized 1.84%11.36%

PG - Closed




The Procter and Gamble (PG) Feb11 62.50 Put expired and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$6,250.00
Net Profit$135.28
Percent Return2.16%
Annualized Return8.98%
Days Held to Expiration88 days


Trade History











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 @ 0.53Expired $53.24
12/21/2010PGContinued TradeSTO 1 Feb11 62.50 Put @ 0.82Expired $82.04
2/18/2011PGCSP Margin ReturnedCSP 100 PG @ -62.50  $6,250.00
2/18/2011PG Net Cost/Profit-Loss ($6,250.00)$135.28
DTE88 Percent Profit-Loss/Annualized 2.16%8.98%

PEP - Closed




The PepsiCo Inc (PEP) Feb11 60.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$6,000.00
Net Profit$29.04
Percent Return0.48%
Annualized Return3.93%
Days Held to Expiration45 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/4/2011PEPCSP Margin UsedCSP 100 PEP @ 60.00 ($6,000.00) 
1/4/2011PEPInitial Put OptionSTO 1 Jan11 24.00 Put @ 0.29Expired $29.04
2/18/2011PEPCSP Margin ReturnedCSP 100 PEP @ -60.00  $6,000.00
2/18/2011PEP Net Cost/Profit-Loss ($6,000.00)$29.04
DTE45 Percent Profit-Loss/Annualized 0.48%3.93%

MDT - Closed




The Medtronic Inc (MDT) Feb11 36.00 Call was exercised and the position was closed. All prices include IB commissions.

This position resulted in a loss. I made a few mistakes with this position. First, I bought MDT above my target buy price. Then when the stock declined, I sold a call below my cost basis. I should have just left the position uncovered until I could sell a call at my original cost basis or higher. However, since I did sell a call below my cost basis, I should have rolled it out to a higher strike when the stock price began to rise. So these three mistakes resulted in a loss.

Position Summary





Cost Basis$4,400.00
Net Profit($346.78)
Percent Return-7.88%
Annualized Return-9.49%
Days Held to Expiration303 days


Trade History






















DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/21/2010MDTCSP Margin UsedCSP 100 MDT @ 44.00 ($4,400.00) 
4/21/2010MDTInitial Put OptionSTO 1 May10 44.00 Put @ 0.94Exercised $94.14
5/21/2010MDTCSP Margin ReturnedCSP 100 MDT @ -44.00 $4,400.00 
5/21/2010MDTStock AssignedEX 1 May10 44.00 Put @ -44.00 ($4,400.00) 
5/21/2010MDTContinued TradeSTO 1 Aug10 44.00 Call @ 1.38Closed $138.24
7/30/2010MDTDividend ReceivedDIV 100 Dividend @ 0.23  $22.50
8/2/2010MDTBuy Back and Roll Out/DownBTC 1 Aug10 44.00 Call @ -0.04  ($3.96)
8/2/2010MDTContinued TradeSTO 1 Nov10 42.00 Call @ 0.44Closed $44.04
8/23/2010MDTBuy BackBTC 1 Nov10 42.00 Call @ -0.13  ($12.76)
9/1/2010MDTInterim TradeSTO 1 Jan11 36.00 Call @ 0.86Closed $85.99
10/29/2010MDTDividend ReceivedDIV 100 Dividend @ 0.23  $22.50
1/3/2011MDTBuy Back and Roll Out/UpBTC 1 Jan11 36.00 Call @ -1.54  ($153.96)
1/3/2011MDTInterim TradeSTO 1 Feb11 36.00 Call @ 1.94Exercised $193.99
1/28/2011MDTDividend ReceivedDIV 100 Dividend @ 0.23  $22.50
2/18/2011MDTStock CalledEX 1 Feb11 36.00 Call @ 36.00  $3,600.00
2/18/2011MDT Net Cost/Profit-Loss ($4,400.00)($346.78)
DTE303 Percent Profit-Loss/Annualized -7.88%-9.49%

LOW - Closed




The Lowes Companies Inc (LOW) Feb11 24.00 Put expired and the position was closed. All prices include IB commissions.

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

Position Summary





Cost Basis$4,800.00
Net Profit$91.14
Percent Return1.90%
Annualized Return12.16%
Days Held to Expiration57 days


Trade History











DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
12/23/2010LOWCSP Margin UsedCSP 200 LOW @ 24.00 ($4,800.00) 
12/23/2010LOWInitial Put OptionSTO 2 Jan11 24.00 Put @ 0.21Expired $42.57
1/24/2011LOWContinued TradeSTO 2 Feb11 24.00 Put @ 0.24Expired $48.57
2/18/2011LOWCSP Margin ReturnedCSP 200 LOW @ -24.00  $4,800.00
2/18/2011LOW Net Cost/Profit-Loss ($4,800.00)$91.14
DTE57 Percent Profit-Loss/Annualized 1.90%12.16%

LOW - Closed




The Lowes Companies Inc (LOW) Feb11 24.00 Call was exercised and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$4,800.00
Net Profit$645.08
Percent Return13.44%
Annualized Return17.97%
Days Held to Expiration273 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 @ 0.34Closed $68.57
11/3/2010LOWDividend ReceivedDIV 200 Dividend @ 0.11  $22.00
1/3/2011LOWBuy Back and Roll OutBTC 2 Jan11 24.00 Call @ -1.37  ($273.43)
1/3/2011LOWContinued TradeSTO 2 Feb11 24.00 Call @ 1.59Exercised $317.07
2/2/2011LOWDividend ReceivedDIV 200 Dividend @ 0.11  $22.00
2/18/2011LOWStock CalledEX 2 Feb11 24.00 Call @ 24.00  $4,800.00
2/18/2011LOW Net Cost/Profit-Loss ($4,800.00)$645.08
DTE273 Percent Profit-Loss/Annualized 13.44%17.97%

LMT - Closed




The Lockheed Martin Corp (LMT) Feb11 65.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$6,500.00
Net Profit$61.24
Percent Return0.94%
Annualized Return7.48%
Days Held to Expiration46 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/3/2011LMTCSP Margin UsedCSP 100 LMT @ 65.00 ($6,500.00) 
1/3/2011LMTInitial Put OptionSTO 1 Jan11 24.00 Put @ 0.61Expired $61.24
2/18/2011LMTCSP Margin ReturnedCSP 100 LMT @ -65.00  $6,500.00
2/18/2011LMT Net Cost/Profit-Loss ($6,500.00)$61.24
DTE46 Percent Profit-Loss/Annualized 0.94%7.48%

ITW - Closed




The Illinois Tool Works Inc (ITW) Feb11 50.00 Call was exercised and the position was closed. All prices include IB commissions.

Closed Position Summary





Cost Basis$5,000.00
Net Profit$481.23
Percent Return9.62%
Annualized Return11.59%
Days Held to Expiration303 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 @ 0.46Closed $46.24
12/21/2010ITWBuy Back and Roll OutBTC 1 Jan11 50.00 Call @ -3.24  ($323.76)
12/21/2010ITWContinued TradeSTO 1 Feb11 50.00 Call @ 3.63Exercised $363.24
1/11/2011ITWDividend ReceivedDIV 100 Dividend @ 0.34  $34.00
2/18/2011ITWStock CalledEX 1 Feb11 50.00 Call @ 50.00  $5,000.00
2/18/2011ITW Net Cost/Profit-Loss ($5,000.00)$481.23
DTE303 Percent Profit-Loss/Annualized 9.62%11.59%

BDX - Closed




The Becton Dickinson and Company (BDX) Feb11 80.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$8,000.00
Net Profit$105.24
Percent Return1.32%
Annualized Return10.67%
Days Held to Expiration45 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/4/2011BDXCSP Margin UsedCSP 100 BDX @ 80.00 ($8,000.00) 
1/4/2011BDXInitial Put OptionSTO 1 Feb11 80.00 Put @ 1.05Expired $105.24
2/18/2011BDXCSP Margin ReturnedSTO 100 BDX @ -80.00  $8,000.00
2/18/2011BDX Net Cost/Profit-Loss ($8,000.00)$105.24
DTE45 Percent Profit-Loss/Annualized 1.32%10.67%

ABT - Closed




The Abbott Laboratories (ABT) Feb11 46.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary





Cost Basis$4,600.00
Net Profit$31.84
Percent Return0.69%
Annualized Return10.98%
Days Held to Expiration23 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/26/2011ABTCSP Margin UsedCSP 100 ABT @ 46.00 ($4,600.00) 
1/26/2011ABTInitial Put OptionSTO 1 Feb11 46.00 Put @ 0.32Expired $31.84
2/18/2011ABTCSP Margin ReturnedCSP 100 ABT @ -46.00  $4,600.00
2/18/2011ABT Net Cost/Profit-Loss ($4,600.00)$31.84
DTE23 Percent Profit-Loss/Annualized 0.69%10.98%

Tuesday, February 8, 2011

NVS - New Position




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

This is the second position on NVS.








CriteriaValue
Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases9
Years of Positive Free Cash Flow (last 10 years)10
Ratio of P/E at Cost / 5yr Average P/E0.76
Discount to Morningstar's Fair Value Estimate26.06%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
2/8/2011NVSCSP Margin UsedCSP 100 NVS @ 52.50 ($5,250.00) 
2/8/2011NVSInitial Put OptionSTO 1 Apr 52.50 Put @ 1.29  $129.24


Position Summary





Cost Basis($5,250.00)
Income Generated$129.24
Percent Income Generated2.46%
Annualized Income Generated13.61%
Net Profit If Assigned$129.24
Percent Return If Assigned2.46%
Annualized Return If Assigned13.61%
Days Held to Expiration66 days

LOW - New Position




A new CSP position was established today on Lowes Companies Inc (LOW). All prices include IB commissions.

This is the third position on LOW.








CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases48
Years of Positive Free Cash Flow (last 10 years)8
Ratio of P/E at Cost / 5yr Average P/E1.10
Discount to Morningstar's Fair Value Estimate36.11%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
2/8/2011LOWCSP Margin UsedCSP 200 LOW @ 23.00 ($4,600.00) 
2/8/2011LOWInitial Put OptionSTO 2 Mar11 23.00 Put @ 0.28  $56.57


Position Summary





Cost Basis($4,600.00)
Income Generated$56.57
Percent Income Generated1.23%
Annualized Income Generated11.81%
Net Profit If Assigned$56.57
Percent Return If Assigned1.23%
Annualized Return If Assigned11.81%
Days Held to Expiration38 days

ABT - New Position




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

This is the third position on ABT.








CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases38
Years of Positive Free Cash Flow (last 10 years)10
Ratio of P/E at Cost / 5yr Average P/E0.64
Discount to Morningstar's Fair Value Estimate35.29%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
2/8/2011ABTCSP Margin UsedCSP 100 ABT @ 44.00 ($4,400.00) 
2/8/2011ABTInitial Put OptionSTO 1 Mar11 44.00 Put @ 0.34  $33.99


Position Summary





Cost Basis($4,400.00)
Income Generated$33.99
Percent Income Generated0.77%
Annualized Income Generated7.42%
Net Profit If Assigned$33.99
Percent Return If Assigned0.77%
Annualized Return If Assigned7.42%
Days Held to Expiration38 days

MLM - Closed




The Martin Marietta Materials Inc (MLM) Jan11 75.00 Put expired. MLM announced earnings today and I decided to close this position. All prices include IB commissions.





Cost Basis$7,500.00
Net Profit$86.24
Percent Return1.15%
Annualized Return7.00%
Days Held to Expiration60 days


Trade History










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 @ 0.86Expired $86.24
1/21/2011MLMCSP Margin ReturnedCSP 100 MLM @ -75.00  $7,500.00
1/21/2011MLM Net Cost/Profit-Loss ($7,500.00)$86.24
DTE60 Percent Profit-Loss/Annualized 1.15%7.00%

AVP - Closed




The Avon Products Inc (AVP) Jan11 26.00 Put expired. AVP announced earnings today and I decided to close this position. All prices include IB commissions.

Closed Position Summary





Cost Basis$5,200.00
Net Profit$139.07
Percent Return2.67%
Annualized Return11.62%
Days Held to Expiration84 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/29/2010AVPCSP Margin UsedCSP 200 AVP @ 26.00 ($5,200.00) 
10/29/2010AVPInitial Put OptionSTO 2 Jan11 26.00 Put @ 0.70Expired $139.07
1/21/2011AVPCSP Margin ReturnedCSP 200 AVP @ -26.00  $5,200.00
1/21/2011AVP Net Cost/Profit-Loss ($5,200.00)$139.07
DTE84 Percent Profit-Loss/Annualized 2.67%11.62%

SYK - Dividend




A dividend was received on Stryker Corp (SYK). All prices include IB commissions.








CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases18
Years of Positive Free Cash Flow (last 10 years)10
Ratio of P/E at Cost / 5yr Average P/E0.71
Discount to Morningstar's Fair Value Estimate30.56%







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/31/2011SYKDividend ReceivedDIV 100 Dividend @ 0.18  $18.00


Current Position Summary





Cost Basis($5,000.00)
Income Generated$635.74
Percent Income Generated12.71%
Annualized Income Generated15.42%
Net Profit If Assigned$635.74
Percent Return If Assigned12.71%
Annualized Return If Assigned15.42%
Days Held to Expiration301 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 @ 2.21Closed $221.24
12/13/2010SYKBuy Back and Roll OutBTC 1 Dec10 50.00 Call @ -3.26  ($325.76)
12/13/2010SYKContinued TradeSTO 1 Mar11 50.00 Call @ 4.51  $451.24
1/31/2011SYKDividend ReceivedDIV 100 Dividend @ 0.18  $18.00
3/18/2011SYK Totals ($5,000.00)$635.74
DTE301 Percent Income/Annualized 12.71%15.42%

MDT - Dividend




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








CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases33
Years of Positive Free Cash Flow (last 10 years)10
Ratio of P/E at Cost / 5yr Average P/E0.80
Discount to Morningstar's Fair Value Estimate4.35%







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/28/2011MDTDividend ReceivedDIV 100 Dividend @ 0.23  $22.50


Current Position Summary





Cost Basis($4,400.00)
Income Generated$453.22
Percent Income Generated10.30%
Annualized Income Generated12.41%
Net Profit If Assigned($346.78)
Percent Return If Assigned-7.88%
Annualized Return If Assigned-9.49%
Days Held to Expiration303 days


Trade History





















DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/21/2010MDTCSP Margin UsedCSP 100 MDT @ 44.00 ($4,400.00) 
4/21/2010MDTInitial Put OptionSTO 1 May10 44.00 Put @ 0.94Exercised $94.14
5/21/2010MDTCSP Margin ReturnedCSP 100 MDT @ -44.00 $4,400.00 
5/21/2010MDTStock AssignedEX 1 May10 44.00 Put @ -44.00 ($4,400.00) 
5/21/2010MDTContinued TradeSTO 1 Aug10 44.00 Call @ 1.38Closed $138.24
7/30/2010MDTDividend ReceivedDIV 100 Dividend @ 0.23  $22.50
8/2/2010MDTBuy Back and Roll Out/DownBTC 1 Aug10 44.00 Call @ -0.04  ($3.96)
8/2/2010MDTContinued TradeSTO 1 Nov10 42.00 Call @ 0.44Closed $44.04
8/23/2010MDTBuy BackBTC 1 Nov10 42.00 Call @ -0.13  ($12.76)
9/1/2010MDTInterim TradeSTO 1 Jan11 36.00 Call @ 0.86Closed $85.99
10/29/2010MDTDividend ReceivedDIV 100 Dividend @ 0.23  $22.50
1/3/2011MDTBuy Back and Roll Out/UpBTC 1 Jan11 36.00 Call @ -1.54  ($153.96)
1/3/2011MDTInterim TradeSTO 1 Feb11 36.00 Call @ 1.94  $193.99
1/28/2011MDTDividend ReceivedDIV 100 Dividend @ 0.23  $22.50
2/18/2011MDT Totals ($4,400.00)$453.22
DTE303 Percent Income/Annualized 10.30%12.41%

LOW - Dividend




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

This is the first position on LOW.








CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases48
Years of Positive Free Cash Flow (last 10 years)8
Ratio of P/E at Cost / 5yr Average P/E1.14
Discount to Morningstar's Fair Value Estimate33.33%







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
2/2/2011LOWDividend ReceivedDIV 200 Dividend @ 0.11  $22.00


Current Position Summary





Cost Basis($4,800.00)
Income Generated$645.08
Percent Income Generated13.44%
Annualized Income Generated17.97%
Net Profit If Assigned$645.08
Percent Return If Assigned13.44%
Annualized Return If Assigned17.97%
Days Held to Expiration273 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 @ 0.34Closed $68.57
11/3/2010LOWDividend ReceivedDIV 200 Dividend @ 0.11  $22.00
1/3/2011LOWBuy Back and Roll OutBTC 2 Jan11 24.00 Call @ -1.37  ($273.43)
1/3/2011LOWContinued TradeSTO 2 Feb11 24.00 Call @ 1.59  $317.07
2/2/2011LOWDividend ReceivedDIV 200 Dividend @ 0.11  $22.00
2/18/2011LOW Totals ($4,800.00)$645.08
DTE273 Percent Income/Annualized 13.44%17.97%

GD - Dividend




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








CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases19
Years of Positive Free Cash Flow (last 10 years)10
Ratio of P/E at Cost / 5yr Average P/E0.83
Discount to Morningstar's Fair Value Estimate-3.85%







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
2/4/2011GDDividend ReceivedDIV 100 Dividend @ 0.42  $42.00


Current Position Summary





Cost Basis($7,500.00)
Income Generated$639.74
Percent Income Generated8.53%
Annualized Income Generated8.04%
Net Profit If Assigned($360.26)
Percent Return If Assigned-4.80%
Annualized Return If Assigned-4.53%
Days Held to Expiration387 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 @ 1.24Closed $123.99
11/12/2010GDDividend ReceivedDIV 100 Dividend @ 0.42  $42.00
12/21/2010GDBuy Back and Roll OutBTC 1 Jan11 65.00 Call @ -5.47  ($546.76)
12/21/2010GDInterim TradeSTO 1 May11 65.00 Call @ 6.98  $698.24
2/4/2011GDDividend ReceivedDIV 100 Dividend @ 0.42  $42.00
5/20/2011GD Totals ($7,500.00)$639.74
DTE387 Percent Income/Annualized 8.53%8.04%