MDT - New Position

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

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	33
Fair Value Estimate	$48.00
Target Buy Price	$40.00
Target Margin of Safety	16.67%
Actual Buy Price	$38.00
Actual Margin of Safety	20.83%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/24/2011	MDT	CSP Margin Used	CSP 100 MDT @ 38.00		($3,800.00)
5/24/2011	MDT	Initial Put Option	STO 1 Aug11 38.00 Put @ 1.01			$101.03

Position Summary

Cost Basis	($3,800.00)
Income Generated	$101.03
Percent Income Generated	2.66%
Annualized Income Generated	11.15%
Net Profit If Assigned	$101.03
Percent Return If Assigned	2.66%
Annualized Return If Assigned	11.15%
Days Held to Expiration	87 days

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	49
Fair Value Estimate	$75.00
Target Buy Price	$60.00
Target Margin of Safety	20.00%
Actual Buy Price	$60.00
Actual Margin of Safety	20.00%

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			$133.98

Position Summary

Cost Basis	($6,000.00)
Income Generated	$133.98
Percent Income Generated	2.23%
Annualized Income Generated	5.40%
Net Profit If Assigned	$633.98
Percent Return If Assigned	10.57%
Annualized Return If Assigned	25.54%
Days Held to Expiration	151 days

GD - New Position

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

A new CSP position was established today on General Dynamics Corporation (GD). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	20
Fair Value Estimate	$85.00
Target Buy Price	$60.00
Target Margin of Safety	29.41%
Actual Buy Price	$65.00
Actual Margin of Safety	23.53%

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			$113.98

Position Summary

Cost Basis	($6,500.00)
Income Generated	$113.98
Percent Income Generated	1.75%
Annualized Income Generated	7.27%
Net Profit If Assigned	$113.98
Percent Return If Assigned	1.75%
Annualized Return If Assigned	7.27%
Days Held to Expiration	88 days

CSX - New Position

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

Criteria	Value
Dividend Champions Status	Challenger
Years of Consecutive Dividend Increases	6
Fair Value Estimate	$90.00
Target Buy Price	$65.00
Target Margin of Safety	27.78%
Actual Buy Price	$65.00
Actual Margin of Safety	27.78%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/23/2011	CSX	CSP Margin Used	CSP 100 CSX @ 65.00		($6,500.00)
5/23/2011	CSX	Initial Put Option	STO 1 Nov11 65.00 Put @ 2.24			$223.98

Position Summary

Cost Basis	($6,500.00)
Income Generated	$223.98
Percent Income Generated	3.45%
Annualized Income Generated	7.03%
Net Profit If Assigned	$223.98
Percent Return If Assigned	3.45%
Annualized Return If Assigned	7.03%
Days Held to Expiration	179 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	38
Fair Value Estimate	$98.00
Target Buy Price	$80.00
Target Margin of Safety	18.37%
Actual Buy Price	$80.00
Actual Margin of Safety	18.37%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/23/2011	BDX	CSP Margin Used	CSP 100 BDX @ 80.00		($8,000.00)
5/23/2011	BDX	Initial Put Option	STO 1 Sep11 80.00 Put @ 1.44			$143.98

Position Summary

Cost Basis	($8,000.00)
Income Generated	$143.98
Percent Income Generated	1.80%
Annualized Income Generated	5.66%
Net Profit If Assigned	$143.98
Percent Return If Assigned	1.80%
Annualized Return If Assigned	5.66%
Days Held to Expiration	116 days

TEVA - New Position

A new CSP position was established today on Teva Pharmaceutical Industries Ltd (TEVA). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Contender
Years of Consecutive Dividend Increases	12
Fair Value Estimate	$63.00
Target Buy Price	$45.00
Target Margin of Safety	28.57%
Actual Buy Price	$45.00
Actual Margin of Safety	28.57%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/23/2011	TEVA	CSP Margin Used	CSP 100 TEVA @ 45.00		($4,500.00)
5/23/2011	TEVA	Initial Put Option	STO 1 Sep11 45.00 Put @ 1.23			$122.98

Position Summary

Cost Basis	($4,500.00)
Income Generated	$122.98
Percent Income Generated	2.73%
Annualized Income Generated	8.60%
Net Profit If Assigned	$122.98
Percent Return If Assigned	2.73%
Annualized Return If Assigned	8.60%
Days Held to Expiration	116 days

STRA - New Position

A new CSP position was established today on Strayer Education Inc (STRA). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Challenger
Years of Consecutive Dividend Increases	7
Fair Value Estimate	$172.00
Target Buy Price	$105.00
Target Margin of Safety	38.95%
Actual Buy Price	$95.00
Actual Margin of Safety	44.77%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/23/2011	STRA	CSP Margin Used	CSP 100 STRA @ 95.00		($9,500.00)
5/23/2011	STRA	Initial Put Option	STO 1 Oct11 95.00 Put @ 3.19			$318.98

Position Summary

Cost Basis	($9,500.00)
Income Generated	$318.98
Percent Income Generated	3.36%
Annualized Income Generated	6.85%
Net Profit If Assigned	$318.98
Percent Return If Assigned	3.36%
Annualized Return If Assigned	6.85%
Days Held to Expiration	179 days

RTN - New Position

A new CSP position was established today on Raytheon Company (RTN). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Challenger
Years of Consecutive Dividend Increases	7
Fair Value Estimate	$61.00
Target Buy Price	$45.00
Target Margin of Safety	26.23%
Actual Buy Price	$45.00
Actual Margin of Safety	26.23%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/23/2011	RTN	CSP Margin Used	CSP 100 RTN @ 45.00		($4,500.00)
5/23/2011	RTN	Initial Put Option	STO 1 Nov11 45.00 Put @ 1.57			$156.98

Position Summary

Cost Basis	($4,500.00)
Income Generated	$156.98
Percent Income Generated	3.49%
Annualized Income Generated	7.11%
Net Profit If Assigned	$156.98
Percent Return If Assigned	3.49%
Annualized Return If Assigned	7.11%
Days Held to Expiration	179 days

PFE - New Position

A new CSP position was established 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%

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			$88.32

Position Summary

Cost Basis	($3,800.00)
Income Generated	$88.32
Percent Income Generated	2.32%
Annualized Income Generated	9.64%
Net Profit If Assigned	$88.32
Percent Return If Assigned	2.32%
Annualized Return If Assigned	9.64%
Days Held to Expiration	88 days

NUE - New Position

A new CSP position was established 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
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			$108.98

Position Summary

Cost Basis	($3,500.00)
Income Generated	$108.98
Percent Income Generated	3.11%
Annualized Income Generated	7.53%
Net Profit If Assigned	$108.98
Percent Return If Assigned	3.11%
Annualized Return If Assigned	7.53%
Days Held to Expiration	151 days

LOW - New Position

A new CSP position was established 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
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			$112.56

Position Summary

Cost Basis	($4,200.00)
Income Generated	$112.56
Percent Income Generated	2.68%
Annualized Income Generated	6.48%
Net Profit If Assigned	$112.56
Percent Return If Assigned	2.68%
Annualized Return If Assigned	6.48%
Days Held to Expiration	151 days

GE - New Position

A new CSP position was established 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
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			$99.16

Position Summary

Cost Basis	($3,600.00)
Income Generated	$99.16
Percent Income Generated	2.75%
Annualized Income Generated	11.42%
Net Profit If Assigned	$99.16
Percent Return If Assigned	2.75%
Annualized Return If Assigned	11.42%
Days Held to Expiration	88 days

FDX - New Position

A new CSP position was established 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
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			$255.34

Position Summary

Cost Basis	($8,000.00)
Income Generated	$255.34
Percent Income Generated	3.19%
Annualized Income Generated	7.72%
Net Profit If Assigned	$255.34
Percent Return If Assigned	3.19%
Annualized Return If Assigned	7.72%
Days Held to Expiration	151 days

DOV - New Position

A new CSP position was established today on Dover Corp (DOV). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	55
Fair Value Estimate	$77.00
Target Buy Price	$55.00
Target Margin of Safety	28.57%
Actual Buy Price	$55.00
Actual Margin of Safety	28.57%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/23/2011	DOV	CSP Margin Used	CSP 100 DOV @ 55.00		($5,500.00)
5/23/2011	DOV	Initial Put Option	STO 1 Sep11 55.00 Put @ 1.39			$138.98

Position Summary

Cost Basis	($5,500.00)
Income Generated	$138.98
Percent Income Generated	2.53%
Annualized Income Generated	7.95%
Net Profit If Assigned	$138.98
Percent Return If Assigned	2.53%
Annualized Return If Assigned	7.95%
Days Held to Expiration	116 days

AVP - New Position

A new CSP position was established today on Avon Products Inc (AVP). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Contender
Years of Consecutive Dividend Increases	22
Fair Value Estimate	$36.00
Target Buy Price	$25.00
Target Margin of Safety	30.56%
Actual Buy Price	$26.00
Actual Margin of Safety	27.78%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/23/2011	AVP	CSP Margin Used	CSP 200 AVP @ 26.00		($5,200.00)
5/23/2011	AVP	Initial Put Option	STO 2 Oct11 26.00 Put @ 0.82			$164.56

Position Summary

Cost Basis	($5,200.00)
Income Generated	$164.56
Percent Income Generated	3.16%
Annualized Income Generated	7.65%
Net Profit If Assigned	$164.56
Percent Return If Assigned	3.16%
Annualized Return If Assigned	7.65%
Days Held to Expiration	151 days

GD - Closed

The General Dynamics Corporation (GD) May11 65.00 Call was excercised and the position was closed at a loss. All prices include IB commissions.

I entered this position on 4/28/10 by selling a $75 CSP, which was above my target buy price of $60. That was my first mistake. By 7/13/10, GD had declined to $60.56 and the Aug10 $75 Put was assigned. I held it uncovered for over a month. The price continued to decline until it hit a low of $55.87 on 8/31/10. On 9/1/10 I sold the Jan11 $65 Call. Then the stock start a long uptrend, surpassing the $65 strike. I continued to roll out the $65 Call but the stock kept rising. I finally decided to let it get called away at a loss on Friday. In hindsight, I should have had the patience to wait for GD to trade near my target buy price of $60, rather than enter at $75. But given the bad entry, I should have managed the position better also, by leaving it uncovered until I could sell the $75 call for a decent premium.

Position Summary

Cost Basis	$7,500.00
Net Profit	($313.26)
Percent Return	-4.18%
Annualized Return	-3.94%
Days Held to Expiration	387 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
4/28/2010	GD	CSP Margin Used	CSP 100 GD @ 75.00		($7,500.00)
4/28/2010	GD	Initial Put Option	STO 1 May10 75.00 Put @ 0.99	Closed		$98.99
5/21/2010	GD	Buy Back and Roll Out/Down	BTC 1 May10 75.00 Put @ -8.17			($816.86)
5/21/2010	GD	Interim Trade	STO 1 Aug10 75.00 Put @ 9.98	Exercised		$998.14
7/13/2010	GD	CSP Margin Returned	CSP 100 GD @ -75.00		$7,500.00
7/13/2010	GD	Stock Assigned	EX 1 Aug10 75.00 Put @ -75.00		($7,500.00)
9/1/2010	GD	Interim Trade	STO 1 Jan11 65.00 Call @ 1.24	Closed		$123.99
11/12/2010	GD	Dividend Received	DIV 100 Dividend @ 0.42			$42.00
12/21/2010	GD	Buy Back and Roll Out	BTC 1 Jan11 65.00 Call @ -5.47			($546.76)
12/21/2010	GD	Interim Trade	STO 1 May11 65.00 Call @ 6.98	Exercised		$698.24
2/4/2011	GD	Dividend Received	DIV 100 Dividend @ 0.42			$42.00
5/6/2011	GD	Dividend Received	DIV 100 Dividend @ 0.47			$47.00
5/20/2011	GD	Option Exercised	EX 1 May11 65.00 Call @ 65.00			$6,500.00
5/20/2011	GD		Net Cost/Profit-Loss		($7,500.00)	($313.26)
DTE	387		Percent Profit-Loss/Annualized		-4.18%	-3.94%

NUE - New Position

A new CSP position was established 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	$35.00
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
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			$34.98

Position Summary

Cost Basis	($4,000.00)
Income Generated	$34.98
Percent Income Generated	0.87%
Annualized Income Generated	11.01%
Net Profit If Assigned	$34.98
Percent Return If Assigned	0.87%
Annualized Return If Assigned	11.01%
Days Held to Expiration	29 days

LOW - Adjustment

The following adjustment was made today on Lowes Companies Inc (LOW). 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
Fair Value Estimate	$36.00
Target Buy Price	$25.00
Target Margin of Safety	30.56%
Actual Buy Price	$25.00
Actual Margin of Safety	30.56%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/19/2011	LOW	Buy Back and Roll Out	BTC 2 May11 25.00 Put @ -0.28		($55.44)
5/19/2011	LOW	Continued Trade	STO 2 Jun11 25.00 Put @ 0.69			$138.56

Current Position Summary

Cost Basis	($5,000.00)
Income Generated	$183.69
Percent Income Generated	3.67%
Annualized Income Generated	17.19%
Net Profit If Assigned	$183.69
Percent Return If Assigned	3.67%
Annualized Return If Assigned	17.19%
Days Held to Expiration	78 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
3/31/2011	LOW	CSP Margin Used	CSP 200 LOW @ 25.00		($5,000.00)
3/31/2011	LOW	Initial Put Option	STO 2 May11 25.00 Put @ 0.50	Closed		$100.57
5/19/2011	LOW	Buy Back and Roll Out	BTC 2 May11 25.00 Put @ -0.28			($55.44)
5/19/2011	LOW	Continued Trade	STO 2 Jun11 25.00 Put @ 0.69			$138.56
6/17/2011	LOW		Totals		($5,000.00)	$183.69
DTE	78		Percent Income/Annualized		3.67%	17.19%

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	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
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			$55.34

Position Summary

Cost Basis	($5,250.00)
Income Generated	$55.34
Percent Income Generated	1.05%
Annualized Income Generated	13.27%
Net Profit If Assigned	$55.34
Percent Return If Assigned	1.05%
Annualized Return If Assigned	13.27%
Days Held to Expiration	29 days

ABT - Adjustment

The following adjustment was made today on Abbott Laboratories (ABT). 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	$68.00
Target Buy Price	$54.00
Target Margin of Safety	20.00%
Actual Buy Price	$55.00
Actual Margin of Safety	19.12%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/19/2011	ABT	Buy Back and Roll Out	BTC 1 May11 52.50 Call @ -0.90			($89.72)
5/19/2011	ABT	Continued Trade	STO 1 Jun11 52.50 Call @ 1.39			$138.98

Current Position Summary

Cost Basis	($5,500.00)
Income Generated	$664.79
Percent Income Generated	12.09%
Annualized Income Generated	8.63%
Net Profit If Assigned	$414.79
Percent Return If Assigned	7.54%
Annualized Return If Assigned	5.39%
Days Held to Expiration	511 days

Trade History

1/22/2010	ABT	CSP Margin Used	CSP 100 ABT @ 55.00		($5,500.00)
1/22/2010	ABT	Initial Put Option	STO 1 Feb10 55.00 Put @ 1.00	Exercised		$100.00
2/19/2010	ABT	CSP Margin Returned	CSP 100 ABT @ -55.00		$5,500.00
2/19/2010	ABT	Stock Assigned	EX 1 Feb10 55.00 Put @ -55.00		($5,500.00)
2/22/2010	ABT	Continued Trade	STO 1 Mar10 55.00 Call @ 0.60	Expired		$60.14
4/30/2010	ABT	Continued Trade	STO 1 May10 52.50 Call @ 0.31	Closed		$31.14
5/15/2010	ABT	Dividend Received	DIV 100 Dividend @ 0.44			$44.00
5/21/2010	ABT	Buy Back and Roll Out/Down	BTC 1 May10 52.50 Call @ -0.03			($3.01)
5/21/2010	ABT	Interim Trade	STO 1 Aug10 50.00 Call @ 1.05	Expired		$104.99
8/15/2010	ABT	Dividend Received	DIV 100 Dividend @ 0.44			$44.00
9/1/2010	ABT	Continued Trade	STO 1 Jan11 55.00 Call @ 0.76	Closed		$76.24
11/15/2010	ABT	Dividend Received	DIV 100 Dividend @ 0.44			$44.00
12/21/2010	ABT	Buy Back	BTC 1 Jan11 55.00 Call @ -0.03	Expired		($2.96)
2/15/2011	ABT	Dividend Received	DIV 100 Dividend @ 0.44			$44.00
4/6/2011	ABT	Continued Trade	STO 1 May11 52.50 Call @ 0.25	Closed		$24.99
5/16/2011	ABT	Dividend Received	DIV 100 Dividend @ 0.48			$48.00
5/19/2011	ABT	Buy Back and Roll Out	BTC 1 May11 52.50 Call @ -0.90			($89.72)
5/19/2011	ABT	Continued Trade	STO 1 Jun11 52.50 Call @ 1.39			$138.98
6/17/2011	ABT		Totals		($5,500.00)	$664.79
DTE	511		Percent Income/Annualized		12.09%	8.63%

TLT - Closed

The iShares 20+ Year Treasury Bond Fund (TLT) CSP position was closed today. All prices include IB commissions.

Position Summary

Cost Basis	$17,600.00
Net Profit	$97.61
Percent Return	0.55%
Annualized Return	6.13%
Days Held to Expiration	33 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
3/31/2011	TLT	CSP Margin Used	CSP 200 TLT @ 88.00		($17,600.00)
3/31/2011	TLT	Initial Put Option	STO 2 May11 88.00 Put @ 0.55	Closed		$110.57
5/3/2011	TLT	Buy to Close	BTC 2 May11 88.00 Put @ -0.06			($12.96)
5/3/2011	TLT	CSP Margin Returned	CSP 200 TLT @ -88.00			$17,600.00
5/3/2011	TLT		Net Cost/Profit-Loss		($17,600.00)	$97.61
DTE	33		Percent Profit-Loss/Annualized		0.55%	6.13%

TLT - Closed

The iShares 20+ Year Treasury Bond Fund (TLT) CSP position was closed today. All prices include IB commissions.

Position Summary

Cost Basis	$17,400.00
Net Profit	$61.71
Percent Return	0.35%
Annualized Return	3.92%
Days Held to Expiration	33 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
3/31/2011	TLT	CSP Margin Used	CSP 200 TLT @ 87.00		($17,400.00)
3/31/2011	TLT	Initial Put Option	STO 2 May11 87.00 Put @ 0.36	Closed		$72.57
5/3/2011	TLT	Buy to Close	BTC 2 May11 87.00 Put @ -0.05			($10.86)
5/3/2011	TLT	CSP Margin Returned	CSP 200 TLT @ -87.00			$17,400.00
5/3/2011	TLT		Net Cost/Profit-Loss		($17,400.00)	$61.71
DTE	33		Percent Profit-Loss/Annualized		0.35%	3.92%

TLT - Closed

The iShares 20+ Year Treasury Bond Fund (TLT) CSP position was closed today. All prices include IB commissions.

Position Summary

Cost Basis	$17,200.00
Net Profit	$41.61
Percent Return	0.24%
Annualized Return	2.68%
Days Held to Expiration	33 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
3/31/2011	TLT	CSP Margin Used	CSP 200 TLT @ 86.00		($17,200.00)
3/31/2011	TLT	Initial Put Option	STO 2 May11 86.00 Put @ 0.23	Closed		$46.57
5/3/2011	TLT	Buy to Close	BTC 2 May11 86.00 Put @ -0.02			($4.96)
5/3/2011	TLT	CSP Margin Returned	CSP 200 TLT @ -86.00			$17,200.00
5/3/2011	TLT		Net Cost/Profit-Loss		($17,200.00)	$41.61
DTE	33		Percent Profit-Loss/Annualized		0.24%	2.68%

TLT - Closed

The iShares 20+ Year Treasury Bond Fund (TLT) CSP position was closed today. All prices include IB commissions.

Position Summary

Cost Basis	$17,000.00
Net Profit	$22.57
Percent Return	0.13%
Annualized Return	1.47%
Days Held to Expiration	33 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
3/31/2011	TLT	CSP Margin Used	CSP 200 TLT @ 85.00		($17,000.00)
3/31/2011	TLT	Initial Put Option	STO 2 May11 85.00 Put @ 0.12	Closed		$24.57
5/3/2011	TLT	Buy to Close	BTC 2 May11 85.00 Put @ -0.01			($2.00)
5/3/2011	TLT	CSP Margin Returned	CSP 200 TLT @ -85.00			$17,000.00
5/3/2011	TLT		Net Cost/Profit-Loss		($17,000.00)	$22.57
DTE	33		Percent Profit-Loss/Annualized		0.13%	1.47%

AVP - Closed

The Avon Products Inc (AVP) CSP position was closed today. All prices include IB commissions.

Position Summary

Cost Basis	$5,000.00
Net Profit	$74.11
Percent Return	1.48%
Annualized Return	16.39%
Days Held to Expiration	33 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
3/31/2011	AVP	CSP Margin Used	CSP 200 AVP @ 25.00		($5,000.00)
3/31/2011	AVP	Initial Put Option	STO 2 May11 25.00 Put @ 0.43	Closed		$85.07
5/3/2011	AVP	Buy to Close	BTC 2 May11 25.00 Put @ -0.05			($10.96)
5/3/2011	AVP	CSP Margin Returned	CSP 200 AVP @ -25.00			$5,000.00
5/3/2011	AVP		Net Cost/Profit-Loss		($5,000.00)	$74.11
DTE	33		Percent Profit-Loss/Annualized		1.48%	16.39%

ADP - Closed

The Automatic Data Processing (ADP) CC position was closed today. All prices include IB commissions.

Position Summary

Cost Basis	$4,400.00
Net Profit	$162.84
Percent Return	3.70%
Annualized Return	3.64%
Days Held to Expiration	371 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	Closed		$472.24
4/1/2011	ADP	Dividend Received	DIV 100 Dividend @ 0.36			$36.00
5/3/2011	ADP	Buy to Close	BTC 1 Aug11 44.00 Call @ -11.41			($1,140.98)
5/3/2011	ADP	Sell to Close	STC 100 ADP @ -54.58			$5,458.35
5/3/2011	ADP		Net Cost/Profit-Loss		($4,400.00)	$162.84
DTE	371		Percent Profit-Loss/Annualized		3.70%	3.64%