FCN - New Position

A new CSP position was established today on FTI Consulting (FCN). All prices include IB commissions.

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

Criteria	Value
Downside Protection	15.10%
Annualized Return	13.56%
Fair Value Estimate	$39.00
Target Buy Price	$27.30
Target Margin of Safety	30.00%
Actual Buy Price	$28.00
Actual Margin of Safety	28.21%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/31/2013	FCN	CSP Margin Used	CSP 100 FCN @ 28.00		($2,800.00)
1/31/2013	FCN	Initial Put Option	STO 1 Mar13 28.00 Put @ 0.45			$44.73

Position Summary

Cost Basis	($2,800.00)
Income Generated	$44.73
Percent Income Generated	1.60%
Annualized Income Generated	13.56%
Net Profit If Closed	$44.73
Percent Return If Closed	1.60%
Annualized Return If Closed	13.56%
Days Held to Expiration	43 days

SIL - New Position

A new CSP position was established today on Global X Silver Miners ETF (SIL). All prices include IB commissions.

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/29/2013	SIL	CSP Margin Used	CSP 100 SIL @ 20.00		($2,000.00)
1/29/2013	SIL	Initial Put Option	STO 1 Mar13 20.00 Put @ 0.45			$44.51

Position Summary

Cost Basis	($2,000.00)
Income Generated	$44.51
Percent Income Generated	2.23%
Annualized Income Generated	18.05%
Net Profit If Closed	$44.51
Percent Return If Closed	2.23%
Annualized Return If Closed	18.05%
Days Held to Expiration	45 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	11
Fair Value Estimate	$69.00
Target Buy Price	$55.20
Target Margin of Safety	20.00%
Actual Buy Price	$65.00
Actual Margin of Safety	5.80%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/29/2013	NVS	CSP Margin Used	CSP 100 NVS @ 65.00		($6,500.00)
1/29/2013	NVS	Initial Put Option	STO 1 Mar13 65.00 Put @ 0.94			$93.93

Position Summary

Cost Basis	($6,500.00)
Income Generated	$93.93
Percent Income Generated	1.45%
Annualized Income Generated	11.72%
Net Profit If Closed	$93.93
Percent Return If Closed	1.45%
Annualized Return If Closed	11.72%
Days Held to Expiration	45 days

WMS - New Position

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

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

Criteria	Value
Downside Protection	15.98%
Annualized Return	62.49%
Fair Value Estimate	$33.00
Target Buy Price	$23.10
Target Margin of Safety	30.00%
Actual Buy Price	$15.00
Actual Margin of Safety	54.55%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/25/2013	WMS	CSP Margin Used	CSP 100 WMS @ 15.00		($1,500.00)
1/25/2013	WMS	Initial Put Option	STO 1 Feb13 15.00 Put @ 0.54			$53.93

Position Summary

Cost Basis	($1,500.00)
Income Generated	$53.93
Percent Income Generated	3.60%
Annualized Income Generated	62.49%
Net Profit If Closed	$53.93
Percent Return If Closed	3.60%
Annualized Return If Closed	62.49%
Days Held to Expiration	21 days

VRX - New Position

A new CSP position was established today on Valeant Pharmaceuticals (VRX). All prices include IB commissions.

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

Criteria	Value
Downside Protection	12.88%
Annualized Return	12.89%
Fair Value Estimate	$75.00
Target Buy Price	$45.00
Target Margin of Safety	40.00%
Actual Buy Price	$57.50
Actual Margin of Safety	23.33%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/25/2013	VRX	CSP Margin Used	CSP 100 VRX @ 57.50		($5,750.00)
1/25/2013	VRX	Initial Put Option	STO 1 Mar13 57.50 Put @ 1.00			$99.51

Position Summary

Cost Basis	($5,750.00)
Income Generated	$99.51
Percent Income Generated	1.73%
Annualized Income Generated	12.89%
Net Profit If Closed	$99.51
Percent Return If Closed	1.73%
Annualized Return If Closed	12.89%
Days Held to Expiration	49 days

SVXY - New Position

A new CSP position was established today on ProShares Short VIX Short-Term Futures ETF (SVXY). All prices include IB commissions.

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/25/2013	SVXY	CSP Margin Used	CSP 100 SVXY @ 70.00		($7,000.00)
1/25/2013	SVXY	Initial Put Option	STO 1 Feb13 70.00 Put @ 0.45			$44.73

Position Summary

Cost Basis	($7,000.00)
Income Generated	$44.73
Percent Income Generated	0.64%
Annualized Income Generated	11.11%
Net Profit If Closed	$44.73
Percent Return If Closed	0.64%
Annualized Return If Closed	11.11%
Days Held to Expiration	21 days

SKX - New Position

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

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

Criteria	Value
Downside Protection	13.76%
Annualized Return	18.59%
Fair Value Estimate	$22.00
Target Buy Price	$13.20
Target Margin of Safety	40.00%
Actual Buy Price	$16.00
Actual Margin of Safety	27.27%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/25/2013	SKX	CSP Margin Used	CSP 100 SKX @ 16.00		($1,600.00)
1/25/2013	SKX	Initial Put Option	STO 1 Mar13 16.00 Put @ 0.40			$39.93

Position Summary

Cost Basis	($1,600.00)
Income Generated	$39.93
Percent Income Generated	2.50%
Annualized Income Generated	18.59%
Net Profit If Closed	$39.93
Percent Return If Closed	2.50%
Annualized Return If Closed	18.59%
Days Held to Expiration	49 days

ROVI - New Position

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

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

Criteria	Value
Downside Protection	14.01%
Annualized Return	18.46%
Fair Value Estimate	$25.00
Target Buy Price	$12.50
Target Margin of Safety	50.00%
Actual Buy Price	$15.00
Actual Margin of Safety	40.00%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/25/2013	ROVI	CSP Margin Used	CSP 100 ROVI @ 15.00		($1,500.00)
1/25/2013	ROVI	Initial Put Option	STO 1 Feb13 15.00 Put @ 0.16			$15.93

Position Summary

Cost Basis	($1,500.00)
Income Generated	$15.93
Percent Income Generated	1.06%
Annualized Income Generated	18.46%
Net Profit If Closed	$15.93
Percent Return If Closed	1.06%
Annualized Return If Closed	18.46%
Days Held to Expiration	21 days

NTAP - New Position

A new CSP position was established today on NetApp, Inc (NTAP). All prices include IB commissions.

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

Criteria	Value
Downside Protection	14.45%
Annualized Return	15.10%
Fair Value Estimate	$39.00
Target Buy Price	$27.30
Target Margin of Safety	30.00%
Actual Buy Price	$31.00
Actual Margin of Safety	20.51%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/25/2013	NTAP	CSP Margin Used	CSP 100 NTAP @ 31.00		($3,100.00)
1/25/2013	NTAP	Initial Put Option	STO 1 Feb13 31.00 Put @ 0.27			$26.93

Position Summary

Cost Basis	($3,100.00)
Income Generated	$26.93
Percent Income Generated	0.87%
Annualized Income Generated	15.10%
Net Profit If Closed	$26.93
Percent Return If Closed	0.87%
Annualized Return If Closed	15.10%
Days Held to Expiration	21 days

MSFT - New Position

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

Criteria	Value
Dividend Champions Status	Contender
Years of Consecutive Dividend Increases	10
Fair Value Estimate	$35.00
Target Buy Price	$24.50
Target Margin of Safety	30.00%
Actual Buy Price	$27.00
Actual Margin of Safety	22.86%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/25/2013	MSFT	CSP Margin Used	CSP 100 MSFT @ 27.00		($2,700.00)
1/25/2013	MSFT	Initial Put Option	STO 1 Mar13 27.00 Put @ 0.42			$42.23

Position Summary

Cost Basis	($2,700.00)
Income Generated	$42.23
Percent Income Generated	1.56%
Annualized Income Generated	11.65%
Net Profit If Closed	$42.23
Percent Return If Closed	1.56%
Annualized Return If Closed	11.65%
Days Held to Expiration	49 days

EXPD - New Position

A new CSP position was established today on Expeditors International (EXPD). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Contender
Years of Consecutive Dividend Increases	18
Fair Value Estimate	$51.00
Target Buy Price	$35.70
Target Margin of Safety	30.00%
Actual Buy Price	$42.50
Actual Margin of Safety	16.67%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/25/2013	EXPD	CSP Margin Used	CSP 100 EXPD @ 42.50		($4,250.00)
1/25/2013	EXPD	Initial Put Option	STO 1 Mar13 42.50 Put @ 0.91			$91.11

Position Summary

Cost Basis	($4,250.00)
Income Generated	$91.11
Percent Income Generated	2.14%
Annualized Income Generated	15.97%
Net Profit If Closed	$91.11
Percent Return If Closed	2.14%
Annualized Return If Closed	15.97%
Days Held to Expiration	49 days

ALR - New Position

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

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

Criteria	Value
Downside Protection	14.34%
Annualized Return	13.45%
Fair Value Estimate	$26.00
Target Buy Price	$15.60
Target Margin of Safety	40.00%
Actual Buy Price	$18.00
Actual Margin of Safety	30.77%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/25/2013	ALR	CSP Margin Used	CSP 100 ALR @ 18.00		($1,800.00)
1/25/2013	ALR	Initial Put Option	STO 1 Feb13 18.00 Put @ 0.14			$13.93

Position Summary

Cost Basis	($1,800.00)
Income Generated	$13.93
Percent Income Generated	0.77%
Annualized Income Generated	13.45%
Net Profit If Closed	$13.93
Percent Return If Closed	0.77%
Annualized Return If Closed	13.45%
Days Held to Expiration	21 days

TBT - New Position

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

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/24/2013	TBT	CSP Margin Used	CSP 100 TBT @ 62.00		($6,200.00)
1/24/2013	TBT	Initial Put Option	STO 1 Feb13 62.00 Put @ 0.45			$45.08

Position Summary

Cost Basis	($6,200.00)
Income Generated	$45.08
Percent Income Generated	0.73%
Annualized Income Generated	12.06%
Net Profit If Closed	$45.08
Percent Return If Closed	0.73%
Annualized Return If Closed	12.06%
Days Held to Expiration	22 days

SCHN - New Position

A new CSP position was established today on Schnitzer Steel Industries (SCHN). All prices include IB commissions.

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

Criteria	Value
Downside Protection	12.78%
Annualized Return	13.39%
Fair Value Estimate	$44.00
Target Buy Price	$26.40
Target Margin of Safety	40.00%
Actual Buy Price	$27.00
Actual Margin of Safety	38.64%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/24/2013	SCHN	CSP Margin Used	CSP 100 SCHN @ 27.00		($2,700.00)
1/24/2013	SCHN	Initial Put Option	STO 1 Mar13 27.00 Put @ 0.50			$49.51

Position Summary

Cost Basis	($2,700.00)
Income Generated	$49.51
Percent Income Generated	1.83%
Annualized Income Generated	13.39%
Net Profit If Closed	$49.51
Percent Return If Closed	1.83%
Annualized Return If Closed	13.39%
Days Held to Expiration	50 days

MNST - New Position

A new CSP position was established today on Monster Beverages Corp (MNST). All prices include IB commissions.

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

Criteria	Value
Downside Protection	27.43%
Annualized Return	14.52%
Fair Value Estimate	$52.00
Target Buy Price	$31.20
Target Margin of Safety	40.00%
Actual Buy Price	$35.00
Actual Margin of Safety	32.69%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/24/2013	MNST	CSP Margin Used	CSP 100 MNST @ 35.00		($3,500.00)
1/24/2013	MNST	Initial Put Option	STO 1 Mar13 35.00 Put @ 0.70			$69.63

Position Summary

Cost Basis	($3,500.00)
Income Generated	$69.63
Percent Income Generated	1.99%
Annualized Income Generated	14.52%
Net Profit If Closed	$69.63
Percent Return If Closed	1.99%
Annualized Return If Closed	14.52%
Days Held to Expiration	50 days

JCP - New Position

A new CSP position was established today on J.C. Penny Co (JCP). All prices include IB commissions.

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

Criteria	Value
Downside Protection	33.26%
Annualized Return	13.44%
Fair Value Estimate	$38.00
Target Buy Price	$22.80
Target Margin of Safety	40.00%
Actual Buy Price	$13.00
Actual Margin of Safety	65.79%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/24/2013	JCP	CSP Margin Used	CSP 100 JCP @ 13.00		($1,300.00)
1/24/2013	JCP	Initial Put Option	STO 1 Mar13 13.00 Put @ 0.24			$23.93

Position Summary

Cost Basis	($1,300.00)
Income Generated	$23.93
Percent Income Generated	1.84%
Annualized Income Generated	13.44%
Net Profit If Closed	$23.93
Percent Return If Closed	1.84%
Annualized Return If Closed	13.44%
Days Held to Expiration	50 days

ALTR - New Position

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

Criteria	Value
Dividend Champions Status	Challenger
Years of Consecutive Dividend Increases	6
Fair Value Estimate	$41.00
Target Buy Price	$28.70
Target Margin of Safety	30.00%
Actual Buy Price	$32.00
Actual Margin of Safety	25.71%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/24/2013	ALTR	CSP Margin Used	CSP 100 ALTR @ 32.00		($3,200.00)
1/24/2013	ALTR	Initial Put Option	STO 1 Mar13 32.00 Put @ 0.59			$58.93

Position Summary

Cost Basis	($3,200.00)
Income Generated	$58.93
Percent Income Generated	1.84%
Annualized Income Generated	13.44%
Net Profit If Closed	$58.93
Percent Return If Closed	1.84%
Annualized Return If Closed	13.44%
Days Held to Expiration	50 days

WTW - New Position

A new CSP position was established today on Weight Watchers (WTW). All prices include IB commissions.

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

Criteria	Value
Downside Protection	15.06%
Annualized Return	21.42%
Fair Value Estimate	$70.00
Target Buy Price	$42.00
Target Margin of Safety	40.00%
Actual Buy Price	$47.50
Actual Margin of Safety	32.14%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/23/2013	WTW	CSP Margin Used	CSP 100 WTW @ 47.50		($4,750.00)
1/23/2013	WTW	Initial Put Option	STO 1 Feb13 47.50 Put @ 0.64			$64.11

Position Summary

Cost Basis	($4,750.00)
Income Generated	$64.11
Percent Income Generated	1.35%
Annualized Income Generated	21.42%
Net Profit If Closed	$64.11
Percent Return If Closed	1.35%
Annualized Return If Closed	21.42%
Days Held to Expiration	23 days

USO - New Position

A new CSP position was established today on United States Oil ETF (USO). All prices include IB commissions.

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/23/2013	USO	CSP Margin Used	CSP 100 USO @ 33.00		($3,300.00)
1/23/2013	USO	Initial Put Option	STO 1 Feb13 33.00 Put @ 0.22			$22.23

Position Summary

Cost Basis	($3,300.00)
Income Generated	$22.23
Percent Income Generated	0.67%
Annualized Income Generated	10.69%
Net Profit If Closed	$22.23
Percent Return If Closed	0.67%
Annualized Return If Closed	10.69%
Days Held to Expiration	23 days

NAV - New Position

A new CSP position was established today on Navistar International (NAV). All prices include IB commissions.

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

Criteria	Value
Downside Protection	19.26%
Annualized Return	16.77%
Fair Value Estimate	$36.00
Target Buy Price	$18.00
Target Margin of Safety	50.00%
Actual Buy Price	$19.00
Actual Margin of Safety	47.22%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/23/2013	NAV	CSP Margin Used	CSP 100 NAV @ 19.00		($1,900.00)
1/23/2013	NAV	Initial Put Option	STO 1 Mar13 19.00 Put @ 0.45			$44.51

Position Summary

Cost Basis	($1,900.00)
Income Generated	$44.51
Percent Income Generated	2.34%
Annualized Income Generated	16.77%
Net Profit If Closed	$44.51
Percent Return If Closed	2.34%
Annualized Return If Closed	16.77%
Days Held to Expiration	51 days

INTC - New Position

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

Criteria	Value
Dividend Champions Status	Contender
Years of Consecutive Dividend Increases	9
Fair Value Estimate	$26.00
Target Buy Price	$18.20
Target Margin of Safety	30.00%
Actual Buy Price	$21.00
Actual Margin of Safety	19.23%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/23/2013	INTC	CSP Margin Used	CSP 100 INTC @ 21.00		($2,100.00)
1/23/2013	INTC	Initial Put Option	STO 1 Mar13 21.00 Put @ 0.63			$62.93

Position Summary

Cost Basis	($2,100.00)
Income Generated	$62.93
Percent Income Generated	3.00%
Annualized Income Generated	21.45%
Net Profit If Closed	$62.93
Percent Return If Closed	3.00%
Annualized Return If Closed	21.45%
Days Held to Expiration	51 days

GDX - New Position

A new CSP position was established today on Market Vectors Gold Miners ETF (GDX). All prices include IB commissions.

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/23/2013	GDX	CSP Margin Used	CSP 100 GDX @ 42.50		($4,250.00)
1/23/2013	GDX	Initial Put Option	STO 1 Feb13 42.50 Put @ 0.34			$33.93

Position Summary

Cost Basis	($4,250.00)
Income Generated	$33.93
Percent Income Generated	0.80%
Annualized Income Generated	12.67%
Net Profit If Closed	$33.93
Percent Return If Closed	0.80%
Annualized Return If Closed	12.67%
Days Held to Expiration	23 days

BHP - New Position

A new CSP position was established today on BHP Billiton Ltd. (BHP). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Contender
Years of Consecutive Dividend Increases	10
Fair Value Estimate	$100.00
Target Buy Price	$70.00
Target Margin of Safety	30.00%
Actual Buy Price	$75.00
Actual Margin of Safety	25.00%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/23/2013	BHP	CSP Margin Used	CSP 100 BHP @ 75.00		($7,500.00)
1/23/2013	BHP	Initial Put Option	STO 1 Mar13 75.00 Put @ 1.45			$144.93

Position Summary

Cost Basis	($7,500.00)
Income Generated	$144.93
Percent Income Generated	1.93%
Annualized Income Generated	13.83%
Net Profit If Closed	$144.93
Percent Return If Closed	1.93%
Annualized Return If Closed	13.83%
Days Held to Expiration	51 days

TEX - Closed

The Terex (TEX) Jan13 21.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$2,100.00
Net Profit	$46.94
Percent Return	2.24%
Annualized Return	18.13%
Days Held to Expiration	45 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
12/4/2012	TEX	CSP Margin Used	CSP 100 TEX @ 21.00		($2,100.00)
12/4/2012	TEX	Initial Put Option	STO 1 Jan13 21.00 Put @ 0.47	Expired		$46.94
1/18/2013	TEX	CSP Margin Returned	CSP 100 TEX @ -21.00			$2,100.00
1/18/2013	TEX		Net Cost/Profit-Loss		($2,100.00)	$46.94
DTE	45		Percent Profit-Loss/Annualized		2.24%	18.13%

INTC - Closed

The Intel Corp (INTC) Jan13 19.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$1,900.00
Net Profit	$41.98
Percent Return	2.21%
Annualized Return	15.22%
Days Held to Expiration	53 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
11/26/2012	INTC	CSP Margin Used	CSP 100 INTC @ 19.00		($1,900.00)
11/26/2012	INTC	Initial Put Option	STO 1 Jan13 19.00 Put @ 0.42	Expired		$41.98
1/18/2013	INTC	CSP Margin Returned	CSP 100 INTC @ -19.00			$1,900.00
1/18/2013	INTC		Net Cost/Profit-Loss		($1,900.00)	$41.98
DTE	53		Percent Profit-Loss/Annualized		2.21%	15.22%

GES - Closed

The Guess (GES) Jan13 19.80 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$1,980.00
Net Profit	$49.74
Percent Return	2.51%
Annualized Return	17.30%
Days Held to Expiration	53 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
11/26/2012	GES	CSP Margin Used	CSP 100 GES @ 21.00	Adjusted	($2,100.00)
11/26/2012	GES	Initial Put Option	STO 1 Jan13 21.00 Put @ 0.50	Adjusted		$49.74
12/6/2012	GES	CSP Margin Returned	CSP 100 GES @ -21.00		$2,100.00
12/6/2012	GES	Adjusted CSP Margin Used	CSP 100 GES @ 19.80		($1,980.00)
12/6/2012	GES	Adjusted Put Option	STO 1 Jan13 19.80 Put @ 0.00	Expired		$0.00
1/18/2013	GES	CSP Margin Returned	CSP 100 GES @ -19.80			$1,980.00
1/18/2013	GES		Net Cost/Profit-Loss		($1,980.00)	$49.74
DTE	53		Percent Profit-Loss/Annualized		2.51%	17.30%

CNX - Closed

The Consol Energy (CNX) Jan13 29.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis	$2,900.00
Net Profit	$109.24
Percent Return	3.77%
Annualized Return	16.18%
Days Held to Expiration	85 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/25/2012	CNX	CSP Margin Used	CSP 100 CNX @ 29.00		($2,900.00)
10/25/2012	CNX	Initial Put Option	STO 1 Jan13 29.00 Put @ 1.09	Expired		$109.24
1/18/2013	CNX	CSP Margin Returned	CSP 100 CNX @ -29.00			$2,900.00
1/18/2013	CNX		Net Cost/Profit-Loss		($2,900.00)	$109.24
DTE	85		Percent Profit-Loss/Annualized		3.77%	16.18%

AVP - Adjustment

The following adjustment was made today on Avon Products Inc (AVP). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Deleted*
Years of Consecutive Dividend Increases	0
Fair Value Estimate	$15.00**
Target Buy Price	$7.50
Target Margin of Safety	50.00%
Actual Buy Price	$26.00
Actual Margin of Safety	-73.33%

*The dividend was lowered and AVP was deleted from the Dividend Contenders list.

**Fair Value was lowered from $36 to $15 since inception, which turned my 27.78% Margin of Safety into a 73.33% Premium.

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/17/2013	AVP	Buy Back	BTC 2 Jan13 15.00 Call @ -1.01			($201.54)
1/17/2013	AVP	Roll Out/Up	STO 2 Feb13 16.00 Call @ 0.76			$152.46

Current Position Summary

Cost Basis	($5,200.00)
Income Generated	$505.68
Percent Income Generated	9.72%
Annualized Income Generated	5.60%
Net Profit If Closed	($1,494.32)
Percent Return If Closed	-28.74%
Annualized Return If Closed	-16.54%
Days Held to Expiration	634 days

Trade History

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	Exercised		$164.56
10/21/2011	AVP	CSP Margin Returned	CSP 200 AVP @ -26.00		$5,200.00
10/21/2011	AVP	Stock Assigned	EX 2 Oct11 26.00 Put @ -26.00		($5,200.00)
12/1/2011	AVP	Dividend Received	DIV 200 Dividend @ 0.23			$46.00
3/1/2012	AVP	Dividend Received	DIV 200 Dividend @ 0.23			$46.00
4/4/2012	AVP	Continued Trade	STO 2 May12 25.00 Call @ 0.34	Expired		$68.55
6/1/2012	AVP	Dividend Received	DIV 200 Dividend @ 0.23			$46.00
7/27/2012	AVP	Continued Trade	STO 2 Aug12 19.00 Call @ 0.09	Expired		$18.49
9/4/2012	AVP	Dividend Received	DIV 200 Dividend @ 0.23			$46.00
9/14/2012	AVP	Continued Trade	STO 2 Oct12 19.00 Call @ 0.14			$28.48
12/3/2012	AVP	Dividend Received	DIV 200 Dividend @ 0.06			$12.00
12/5/2012	AVP	Continued Trade	STO 2 Jan13 15.00 Call @ 0.39	Closed		$78.68
1/17/2013	AVP	Buy Back	BTC 2 Jan13 15.00 Call @ -1.01			($201.54)
1/17/2013	AVP	Roll Out/Up	STO 2 Feb13 16.00 Call @ 0.76			$152.46
2/15/2013	AVP		Totals		($5,200.00)	$505.68
DTE	634		Percent Income/Annualized		9.72%	5.60%

ARO CC vs CSP - Adjustment

This is an ongoing position in ARO to show that CC's and CSP's are equivalent positions. Today I adjusted both positions by rolling the options out one month and up to a higher strike, in order to avoid assignment on the CC position. As in the last adjustment, the cost basis of the CC position was adjusted to account for intrinsic value of the call vs the purchase price and to keep it the same as the CSP poaition.

Below are the details of both positions. I'll provide ongoing updates as the positions are managed.

CC Position Summary

Aeropostale (ARO). All prices include IB commissions.

Cost Basis	($1,300.00)
Income Generated	$93.96
Percent Income Generated	7.23%
Annualized Income Generated	33.82%
Net Profit If Closed	$93.96
Percent Return If Closed	7.23%
Annualized Return If Closed	33.82%
Days Held to Expiration	78 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
11/29/2012	ARO	Initial Stock Position	BTO 100 ARO @ 13.20		($1,320.00)
11/29/2012	ARO	Initial Call Option	STO 1 Dec12 12.00 Call @ 1.35	Closed	$120.00	$14.52
12/21/2012	ARO	Buy Back	BTC 1 Dec12 12.00 Call @ -1.13		($120.00)	$6.94
12/21/2012	ARO	Roll Out/Up	STO 1 Jan13 12.50 Call @ 0.99		$70.00	$28.94
1/17/2013	ARO	Buy Back	BTC 1 Jan13 12.50 Call @ -0.80		($70.00)	($10.37)
1/17/2013	ARO	Roll Out/Up	STO 1 Feb13 13.00 Call @ 0.74		$20.00	$53.93
2/15/2013	ARO		Totals		($1,300.00)	$93.96
DTE	78		Percent Income/Annualized		7.23%	33.82%

CSP Position Summary

Aeropostale (ARO). All prices include IB commissions.

Cost Basis	($1,300.00)
Income Generated	$95.02
Percent Income Generated	7.31%
Annualized Income Generated	34.20%
Net Profit If Closed	$95.02
Percent Return If Closed	7.31%
Annualized Return If Closed	34.20%
Days Held to Expiration	78 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
11/29/2012	ARO	CSP Margin Used	CSP 100 ARO @ 12.00	Closed	($1,200.00)
11/29/2012	ARO	Initial Put Option	STO 1 Dec12 12.00 Put @ 0.14	Closed		$14.12
12/21/2012	ARO	Buy Back	BTC 1 Dec12 12.00 Put @ -0.05			($5.48)
12/21/2012	ARO	CSP Margin Returned	CSP 100 ARO @ -12.00		$1,200.00
12/21/2012	ARO	CSP Margin Used	CSP 100 ARO @ 12.50	Closed	($1,250.00)
12/21/2012	ARO	Roll Out/Up	STO 1 Jan13 12.50 Put @ 0.39	Closed		$38.94
1/17/2013	ARO	Buy Back	BTC 1 Jan13 12.50 Put @ -0.07			($7.07)
1/17/2013	ARO	CSP Margin Returned	CSP 100 ARO @ -12.50		$1,250.00
1/17/2013	ARO	CSP Margin Used	CSP 100 ARO @ 13.00		($1,300.00)
1/17/2013	ARO	Roll Out/Up	STO 1 Feb13 13.00 Put @ 0.55			$54.51
2/15/2013	ARO		Totals		($1,300.00)	$95.02
DTE	78		Percent Income/Annualized		7.31%	34.20%

CSX - Adjustment

The following adjustment was made today on CSX Corporation (CSX). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Challenger
Years of Consecutive Dividend Increases	8
Fair Value Estimate	$31.00
Target Buy Price	$21.70
Target Margin of Safety	30.00%
Actual Buy Price	$20.00
Actual Margin of Safety	35.48%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/3/2013	CSX	Continued Trade	STO 1 Feb13 20.00 Call @ 0.85			$84.93

Current Position Summary

Cost Basis	($2,000.00)
Income Generated	$150.26
Percent Income Generated	7.51%
Annualized Income Generated	24.05%
Net Profit If Closed	$150.26
Percent Return If Closed	7.51%
Annualized Return If Closed	24.05%
Days Held to Expiration	114 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/24/2012	CSX	CSP Margin Used	CSP 100 CSX @ 20.00		($2,000.00)
10/24/2012	CSX	Initial Put Option	STO 1 Nov12 20.00 Put @ 0.27	Exercised		$27.24
11/16/2012	CSX	CSP Margin Returned	CSP 100 CSX @ -20.00		$2,000.00
11/16/2012	CSX	Stock Assigned	EX 1 Nov12 20.00 Put @ -20.00		($2,000.00)
11/19/2012	CSX	Continued Trade	STO 1 Dec12 20.00 Call @ 0.24	Expired		$24.09
12/14/2012	CSX	Dividend Received	DIV 100 Dividend @ 0.14			$14.00
1/3/2013	CSX	Continued Trade	STO 1 Feb13 20.00 Call @ 0.85			$84.93
2/15/2013	CSX		Totals		($2,000.00)	$150.26
DTE	114		Percent Income/Annualized		7.51%	24.05%

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	$89.00*
Target Buy Price	$71.20
Target Margin of Safety	20.00%
Actual Buy Price	$80.00
Actual Margin of Safety	10.11%

*Fair Value was lowered from $98 to $89 since inception which lowered my Margin of Safety.

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/3/2013	BDX	Continued Trade	STO 1 Feb13 80.00 Call @ 1.60			$159.73

Current Position Summary

Cost Basis	($8,000.00)
Income Generated	$950.11
Percent Income Generated	11.88%
Annualized Income Generated	6.84%
Net Profit If Closed	$950.11
Percent Return If Closed	11.88%
Annualized Return If Closed	6.84%
Days Held to Expiration	634 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
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	Expired		$177.72
12/30/2011	BDX	Dividend Received	DIV 100 Dividend @ 0.45			$45.00
1/24/2012	BDX	Continued Trade	STO 1 Feb12 80.00 Call @ 0.76	Expired		$76.27
3/30/2012	BDX	Dividend Received	DIV 100 Dividend @ 0.45			$45.00
4/3/2012	BDX	Continued Trade	STO 1 May12 80.00 Call @ 0.79	Expired		$78.97
6/29/2012	BDX	Dividend Received	DIV 100 Dividend @ 0.45			$45.00
9/14/2012	BDX	Continued Trade	STO 1 Oct12 80.00 Call @ 0.84	Expired		$83.94
9/28/2012	BDX	Dividend Received	DIV 100 Dividend @ 0.45			$45.00
12/31/2012	BDX	Dividend Received	DIV 100 Dividend @ 0.50			$49.50
1/3/2013	BDX	Continued Trade	STO 1 Feb13 80.00 Call @ 1.60			$159.73
2/15/2013	BDX		Totals		($8,000.00)	$950.11
DTE	634		Percent Income/Annualized		11.88%	6.84%