DOV - Adjustment

The following adjustment was made 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
9/27/2011	DOV	Continued Trade	STO 1 Nov11 55.00 Call @ 1.27			$126.98

Current Position Summary

Cost Basis	($5,500.00)
Income Generated	$265.96
Percent Income Generated	4.84%
Annualized Income Generated	9.86%
Net Profit If Assigned	$265.96
Percent Return If Assigned	4.84%
Annualized Return If Assigned	9.86%
Days Held to Expiration	179 days

Trade History

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	Exercised		$138.98
9/16/2011	DOV	CSP Margin Returned	CSP 100 DOV @ -55.00		$5,500.00
9/16/2011	DOV	Stock Assigned	EX 1 Sep11 55.00 Put @ -55.00		($5,500.00)
9/27/2011	DOV	Continued Trade	STO 1 Nov11 55.00 Call @ 1.27			$126.98
11/18/2011	DOV		Totals		($5,500.00)	$265.96
DTE	179		Percent Income/Annualized		4.84%	9.86%

BDX - Adjustment

The following adjustment was made 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
9/27/2011	BDX	Continued Trade	STO 1 Nov11 80.00 Call @ 1.78			$177.72

Current Position Summary

Cost Basis	($8,000.00)
Income Generated	$321.70
Percent Income Generated	4.02%
Annualized Income Generated	8.20%
Net Profit If Assigned	$321.70
Percent Return If Assigned	4.02%
Annualized Return If Assigned	8.20%
Days Held to Expiration	179 days

Trade History

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	Exercised		$143.98
9/16/2011	BDX	CSP Margin Returned	CSP 100 BDX @ -80.00		$8,000.00
9/16/2011	BDX	Stock Assigned	EX 1 Sep11 80.00 Put @ -80.00		($8,000.00)
9/27/2011	BDX	Continued Trade	STO 1 Nov11 80.00 Call @ 1.78			$177.72
11/18/2011	BDX		Totals		($8,000.00)	$321.70
DTE	179		Percent Income/Annualized		4.02%	8.20%

SPY - New Position

A new CSP position was established today on SPDR S&P 500 ETF (SPY). All prices include IB commissions.

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/22/2011	SPY	CSP Margin Used	CSP 100 SPY @ 88.00		($8,800.00)
9/22/2011	SPY	Initial Put Option	STO 1 Nov11 88.00 Put @ 1.13			$113.28

Position Summary

Cost Basis	($8,800.00)
Income Generated	$113.28
Percent Income Generated	1.29%
Annualized Income Generated	8.24%
Net Profit If Assigned	$113.28
Percent Return If Assigned	1.29%
Annualized Return If Assigned	8.24%
Days Held to Expiration	57 days

PG - New Position

A new CSP position was established today on Procter and Gamble (PG). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Champiom
Years of Consecutive Dividend Increases	55
Fair Value Estimate	$77.00
Target Buy Price	$61.60
Target Margin of Safety	20.00%
Actual Buy Price	$57.50
Actual Margin of Safety	41.56%

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			$71.36

Position Summary

Cost Basis	($5,750.00)
Income Generated	$71.36
Percent Income Generated	1.24%
Annualized Income Generated	15.62%
Net Profit If Assigned	$71.36
Percent Return If Assigned	1.24%
Annualized Return If Assigned	15.62%
Days Held to Expiration	29 days

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	$55.00
Actual Margin of Safety	35.29%

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			$79.98

Position Summary

Cost Basis	($5,500.00)
Income Generated	$79.98
Percent Income Generated	1.45%
Annualized Income Generated	18.30%
Net Profit If Assigned	$79.98
Percent Return If Assigned	1.45%
Annualized Return If Assigned	18.30%
Days Held to Expiration	29 days

XOM - New Position

A new CSP position was established today on Exxon Mobil Corp (XOM). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	29
Fair Value Estimate	$99.00
Target Buy Price	$79.20
Target Margin of Safety	20.00%
Actual Buy Price	$67.50
Actual Margin of Safety	31.82%

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			$108.28

Position Summary

Cost Basis	($6,750.00)
Income Generated	$108.28
Percent Income Generated	1.60%
Annualized Income Generated	19.52%
Net Profit If Assigned	$108.28
Percent Return If Assigned	1.60%
Annualized Return If Assigned	19.52%
Days Held to Expiration	30 days

PH - New Position

A new CSP position was established today on Parker Hannifin Corp (PH). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	54
Fair Value Estimate	$97.00
Target Buy Price	$67.90
Target Margin of Safety	30.00%
Actual Buy Price	$55.00
Actual Margin of Safety	43.30%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/21/2011	PH	CSP Margin Used	CSP 100 PH @ 55.00		($5,500.00)
9/21/2011	PH	Initial Put Option	STO 1 Nov11 55.00 Put @ 1.42			$141.97

Position Summary

Cost Basis	($5,500.00)
Income Generated	$141.97
Percent Income Generated	2.58%
Annualized Income Generated	16.24%
Net Profit If Assigned	$141.97
Percent Return If Assigned	2.58%
Annualized Return If Assigned	16.24%
Days Held to Expiration	58 days

NVS - New Position

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

Criteria	Value
Dividend Champions Status	Contender
Years of Consecutive Dividend Increases	10
Fair Value Estimate	$71.00
Target Buy Price	$56.80
Target Margin of Safety	20.00%
Actual Buy Price	$52.50
Actual Margin of Safety	26.06%

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			$90.98

Position Summary

Cost Basis	($5,250.00)
Income Generated	$90.98
Percent Income Generated	1.73%
Annualized Income Generated	21.08%
Net Profit If Assigned	$90.98
Percent Return If Assigned	1.73%
Annualized Return If Assigned	21.08%
Days Held to Expiration	30 days

MMM - New Position

A new CSP position was established 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
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			$90.98

Position Summary

Cost Basis	($7,000.00)
Income Generated	$90.98
Percent Income Generated	1.30%
Annualized Income Generated	15.81%
Net Profit If Assigned	$90.98
Percent Return If Assigned	1.30%
Annualized Return If Assigned	15.81%
Days Held to Expiration	30 days

MDT - New Position

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

Note: This is the second position on MDT.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	33
Fair Value Estimate	$48.00
Target Buy Price	$38.40
Target Margin of Safety	20.00%
Actual Buy Price	$30.00
Actual Margin of Safety	37.50%

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			$24.98

Position Summary

Cost Basis	($3,000.00)
Income Generated	$24.98
Percent Income Generated	0.83%
Annualized Income Generated	10.13%
Net Profit If Assigned	$24.98
Percent Return If Assigned	0.83%
Annualized Return If Assigned	10.13%
Days Held to Expiration	30 days

BDX - New Position

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

Note: This is the second position on BDX

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	38
Fair Value Estimate	$98.00
Target Buy Price	$78.40
Target Margin of Safety	20.00%
Actual Buy Price	$65.00
Actual Margin of Safety	33.67%

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			$33.98

Position Summary

Cost Basis	($6,500.00)
Income Generated	$33.98
Percent Income Generated	0.52%
Annualized Income Generated	6.36%
Net Profit If Assigned	$33.98
Percent Return If Assigned	0.52%
Annualized Return If Assigned	6.36%
Days Held to Expiration	30 days

TEVA - New Position

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

Note: This is the second position on TEVA.

Criteria	Value
Dividend Champions Status	Contender
Years of Consecutive Dividend Increases	12
Fair Value Estimate	$58.00
Target Buy Price	$40.00
Target Margin of Safety	31.03%
Actual Buy Price	$35.00
Actual Margin of Safety	39.66%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/20/2011	TEVA	CSP Margin Used	CSP 100 TEVA @ 35.00		($3,500.00)
9/20/2011	TEVA	Initial Put Option	STO 1 Oct11 35.00 Put @ 0.86			$86.36

Position Summary

Cost Basis	($3,500.00)
Income Generated	$86.36
Percent Income Generated	2.47%
Annualized Income Generated	29.05%
Net Profit If Assigned	$86.36
Percent Return If Assigned	2.47%
Annualized Return If Assigned	29.05%
Days Held to Expiration	31 days

DOV - New Position

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

Note: This is the second position on DOV.

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
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			$77.98

Position Summary

Cost Basis	($4,500.00)
Income Generated	$77.98
Percent Income Generated	1.73%
Annualized Income Generated	20.40%
Net Profit If Assigned	$77.98
Percent Return If Assigned	1.73%
Annualized Return If Assigned	20.40%
Days Held to Expiration	31 days

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
9/20/2011	PFE	Continued Trade	STO 2 Oct11 19.00 Call @ 0.21			$42.31

Current Position Summary

Cost Basis	($3,800.00)
Income Generated	$208.94
Percent Income Generated	5.50%
Annualized Income Generated	13.29%
Net Profit If Assigned	$208.94
Percent Return If Assigned	5.50%
Annualized Return If Assigned	13.29%
Days Held to Expiration	151 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			$42.31
10/21/2011	PFE		Totals		($3,800.00)	$208.94
DTE	151		Percent Income/Annualized		5.50%	13.29%

MDT - Adjustment

The following adjustment was made 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
9/20/2011	MDT	Continued Trade	STO 1 Nov11 38.00 Call @ 0.41		$40.98	$40.98

Current Position Summary

Cost Basis	($3,800.00)
Income Generated	$142.01
Percent Income Generated	3.74%
Annualized Income Generated	7.66%
Net Profit If Assigned	$142.01
Percent Return If Assigned	3.74%
Annualized Return If Assigned	7.66%
Days Held to Expiration	178 days

Trade History

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
8/19/2011	MDT	CSP Margin Returned	CSP 100 MDT @ -38.00		$3,800.00
8/19/2011	MDT	Stock Assigned	EX 1 Aug11 38.00 Put @ -38.00		($3,800.00)
9/20/2011	MDT	Continued Trade	STO 1 Nov11 38.00 Call @ 0.41			$40.98
11/18/2011	MDT		Totals		($3,800.00)	$142.01
DTE	178		Percent Income/Annualized		3.74%	7.66%

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
9/20/2011	ABT	Continued Trade	STO 1 Nov11 55.00 Call @ 0.70			$69.98

Current Position Summary

Cost Basis	($5,500.00)
Income Generated	$809.73
Percent Income Generated	14.72%
Annualized Income Generated	8.08%
Net Profit If Assigned	$809.73
Percent Return If Assigned	14.72%
Annualized Return If Assigned	8.08%
Days Held to Expiration	665 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	Closed		$138.98
6/17/2011	ABT	Buy Back and Roll Out/Up	BTC 1 Jun11 52.50 Call @ -0.03			($3.02)
8/15/2011	ABT	Dividend Received	DIV 100 Dividend @ 0.48			$48.00
6/17/2011	ABT	Continued Trade	STO 1 Aug11 55.00 Call @ 0.30	Expired		$29.98
9/20/2011	ABT	Continued Trade	STO 1 Nov11 55.00 Call @ 0.70			$69.98
11/18/2011	ABT		Totals		($5,500.00)	$809.73
DTE	665		Percent Income/Annualized		14.72%	8.08%

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. The first position is a CC. If assigned, I'll combine both positions into a single position and consider this dollar cost averaging.

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
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			$265.14

Current Position Summary

Cost Basis	($4,600.00)
Income Generated	$444.77
Percent Income Generated	9.67%
Annualized Income Generated	72.02%
Net Profit If Assigned	$444.77
Percent Return If Assigned	9.67%
Annualized Return If Assigned	72.02%
Days Held to Expiration	49 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			$265.14
10/21/2011	TBT		Totals		($4,600.00)	$444.77
DTE	49		Percent Income/Annualized		9.67%	72.02%

TBT - New Position

A new CSP position was established today on ProShares UltraShort 20+ Year Treasury (TBT). All prices include IB commissions.

This is the second position on TBT. The first position is a CC. If assigned, I'll combine both positions into a single position and consider this dollar cost averaging. If expired, I'll apply the premium to the original position to lower the cost basis.

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			$207.65

Position Summary

Cost Basis	($4,600.00)
Income Generated	$207.65
Percent Income Generated	4.51%
Annualized Income Generated	117.69%
Net Profit If Assigned	$207.65
Percent Return If Assigned	4.51%
Annualized Return If Assigned	117.69%
Days Held to Expiration	14 days