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 fourth position on TBT.

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
2/22/2012	TBT	CSP Margin Used	CSP 200 TBT @ 18.00		($3,600.00)
2/22/2012	TBT	Initial Put Option	STO 2 Apr12 18.00 Put @ 0.43			$86.55

Position Summary

Cost Basis	($3,600.00)
Income Generated	$86.55
Percent Income Generated	2.40%
Annualized Income Generated	15.13%
Net Profit If Assigned	$86.55
Percent Return If Assigned	2.40%
Annualized Return If Assigned	15.13%
Days Held to Expiration	58 days

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.

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	$55.00
Actual Margin of Safety	20.29%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
2/22/2012	NVS	CSP Margin Used	CSP 100 NVS @ 55.00		($5,500.00)
2/22/2012	NVS	Initial Put Option	STO 1 Mar12 55.00 Put @ 0.79			$78.97

Position Summary

Cost Basis	($5,500.00)
Income Generated	$78.97
Percent Income Generated	1.44%
Annualized Income Generated	22.79%
Net Profit If Assigned	$78.97
Percent Return If Assigned	1.44%
Annualized Return If Assigned	22.79%
Days Held to Expiration	23 days

BDX - New Position

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

This is the second position on BDX.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	38
Fair Value Estimate	$89.00
Target Buy Price	$71.20
Target Margin of Safety	20.00%
Actual Buy Price	$75.00
Actual Margin of Safety	15.73%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
2/22/2012	BDX	CSP Margin Used	CSP 100 BDX @ 75.00		($7,500.00)
2/22/2012	BDX	Initial Put Option	STO 1 Mar12 75.00 Put @ 0.60			$59.97

Position Summary

Cost Basis	($7,500.00)
Income Generated	$59.97
Percent Income Generated	0.80%
Annualized Income Generated	12.69%
Net Profit If Assigned	$59.97
Percent Return If Assigned	0.80%
Annualized Return If Assigned	12.69%
Days Held to Expiration	23 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.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	39
Years of Positive Free Cash Flow (last 10 years)	10
Fair Value Estimate	$70.00
Target Buy Price	$56.00
Target Margin of Safety	20.00%
Actual Buy Price	$55.00
Actual Margin of Safety	21.43%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
2/22/2012	ABT	CSP Margin Used	CSP 100 ABT @ 55.00		($5,500.00)
2/22/2012	ABT	Initial Put Option	STO 1 Apr12 55.00 Put @ 0.92			$92.12

Position Summary

Cost Basis	($5,500.00)
Income Generated	$92.12
Percent Income Generated	1.67%
Annualized Income Generated	10.54%
Net Profit If Assigned	$92.12
Percent Return If Assigned	1.67%
Annualized Return If Assigned	10.54%
Days Held to Expiration	58 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	39
Years of Positive Free Cash Flow (last 10 years)	10
Fair Value Estimate	$70.00
Target Buy Price	$56.00
Target Margin of Safety	20.00%
Actual Buy Price	$55.00
Actual Margin of Safety	21.43%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
2/22/2012	ABT	Continued Trade	STO 1 Apr12 57.50 Call @ 0.57			$56.97

Current Position Summary

Cost Basis	($5,500.00)
Income Generated	$992.06
Percent Income Generated	18.04%
Annualized Income Generated	8.04%
Net Profit If Assigned	$1,242.06
Percent Return If Assigned	22.58%
Annualized Return If Assigned	10.06%
Days Held to Expiration	819 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	Expired		$69.98
11/15/2011	ABT	Dividend Received	DIV 100 Dividend @ 0.48			$48.00
12/21/2011	ABT	Continued Trade	STO 1 Feb12 57.50 Call @ 0.29	Expired		$29.36
2/15/2012	ABT	Dividend Received	DIV 100 Dividend @ 0.48			$48.00
2/22/2012	ABT	Continued Trade	STO 1 Apr12 57.50 Call @ 0.57			$56.97
4/20/2012	ABT		Totals		($5,500.00)	$992.06
DTE	819		Percent Income/Annualized		18.04%	8.04%

BHP - Closed

The BHP Billiton Ltd. (BHP) Feb12 70.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$7,000.00
Net Profit	$45.97
Percent Return	0.66%
Annualized Return	9.99%
Days Held to Expiration	24 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/24/2012	BHP	CSP Margin Used	CSP 100 BHP @ 70.00		($7,000.00)
1/24/2012	BHP	Initial Put Option	STO 1 Feb12 70.00 Put @ 0.46	Expired		$45.97
2/17/2012	BHP	CSP Margin Returned	CSP 100 BHP @ -70.00			$7,000.00
2/17/2012	BHP		Net Cost/Profit-Loss		($7,000.00)	$45.97
DTE	24		Percent Profit-Loss/Annualized		0.66%	9.99%

TBT - Adjustment

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

This is the second position on TBT.

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
3/16/2012	TBT		Totals		($4,600.00)	$685.87

Current Position Summary

Cost Basis	($4,600.00)
Income Generated	$685.87
Percent Income Generated	14.91%
Annualized Income Generated	27.77%
Net Profit If Assigned	$285.87
Percent Return If Assigned	6.21%
Annualized Return If Assigned	11.57%
Days Held to Expiration	196 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/2/2011	TBT	CSP Margin Used	CSP 200 TBT @ 23.00		($4,600.00)
9/2/2011	TBT	Initial Put Option	STO 2 Sep11 23.00 Put @ 1.04	Closed		$207.65
9/16/2011	TBT	Buy Back and Roll Out	BTC 2 Sep11 23.00 Put @ -0.14			($28.02)
9/16/2011	TBT	Continued Trade	STO 2 Oct11 23.00 Put @ 1.33	Exercised		$265.14
10/21/2011	TBT	CSP Margin Returned	CSP 200 TBT @ -23.00		$4,600.00
10/21/2011	TBT	Stock Assigned	EX 2 Oct11 23.00 Put @ -23.00		($4,600.00)
10/27/2011	TBT	Continued Trade	STO 2 Nov11 23.00 Call @ 0.90	Expired		$180.55
10/27/2011	TBT	Continued Trade	STO 2 Mar12 21.00 Call @ 0.30			$60.55
3/16/2012	TBT		Totals		($4,600.00)	$685.87
DTE	196		Percent Income/Annualized		14.91%	27.77%

TBT - Adjustment

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

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
3/16/2012	TBT		Totals		($9,200.00)	$997.49

Current Position Summary

Cost Basis	($9,200.00)
Income Generated	$997.49
Percent Income Generated	10.84%
Annualized Income Generated	5.70%
Net Profit If Assigned	($4,002.51)
Percent Return If Assigned	-43.51%
Annualized Return If Assigned	-22.88%
Days Held to Expiration	694 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
4/22/2010	TBT	CSP Margin Used	CSP 200 TBT @ 46.00		($9,200.00)
4/22/2010	TBT	Initial Put Option	STO 2 May10 46.00 Put @ 0.55	Closed		$110.57
5/21/2010	TBT	Buy Back and Roll Out	BTC 2 May10 46.00 Put @ -7.24			($1,448.13)
5/21/2010	TBT	Continued Trade	STO 2 Sep10 46.00 Put @ 8.14	Exercised		$1,628.57
9/8/2010	TBT	CSP Margin Returned	CSP 200 TBT @ -46.00		$9,200.00
9/8/2010	TBT	Stock Assigned	EX 2 Sep10 46.00 Put @ -46.00		($9,200.00)
9/9/2010	TBT	Interim Trade	STO 2 Oct10 37.00 Call @ 0.27	Expired		$54.57
10/21/2010	TBT	Interim Trade	STO 2 Nov10 37.00 Call @ 0.27	Closed		$54.67
11/18/2010	TBT	Buy Back and Roll Out/Up	BTC 2 Nov10 37.00 Call @ -0.23			($46.33)
11/18/2010	TBT	Interim Trade	STO 2 Dec10 38.00 Call @ 0.91	Closed		$182.57
12/13/2010	TBT	Buy Back and Roll Out/Up	BTC 2 Dec10 38.00 Call @ -1.83			($365.43)
12/13/2010	TBT	Interim Trade	STO 2 Mar11 41.00 Call @ 2.29	Closed		$458.67
3/18/2011	TBT	Buy Back and Roll Out/Up	BTC 2 Mar11 41.00 Call @ -0.01			($2.00)
3/18/2011	TBT	Interim Trade	STO 2 Apr11 40.00 Call @ 0.19	Closed		$38.57
4/6/2011	TBT	Buy Back and Roll Out/Up	BTC 2 Apr11 40.00 Call @ -0.08			($15.93)
4/6/2011	TBT	Interim Trade	STO 2 Sep11 42.00 Call @ 1.43	Expired		$286.57
2/3/2012	TBT	Interim Trade	STO 2 Mar12 21.00 Call @ 0.30			$60.55
3/16/2012	TBT		Totals		($9,200.00)	$997.49
DTE	694		Percent Income/Annualized		10.84%	5.70%