PH - New Position

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

This is the second position on PH.

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	56
Fair Value Estimate	$105.00
Target Buy Price	$73.50
Target Margin of Safety	30.00%
Actual Buy Price	$70.00
Actual Margin of Safety	33.33%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
6/26/2012	PH	CSP Margin Used	CSP 100 PH @ 70.00		($7,000.00)
6/26/2012	PH	Initial Put Option	STO 1 Jun12 70.00 Put @ 1.00			$99.55

Position Summary

Cost Basis	($7,000.00)
Income Generated	$99.55
Percent Income Generated	1.42%
Annualized Income Generated	21.63%
Net Profit If Assigned	$99.55
Percent Return If Assigned	1.42%
Annualized Return If Assigned	21.63%
Days Held to Expiration	24 days

UTX - New Position

A new CSP position was established today on United Technologies (UTX). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Contender
Years of Consecutive Dividend Increases	17
Fair Value Estimate	$100.00
Target Buy Price	$70.00
Target Margin of Safety	30.00%
Actual Buy Price	$70.00
Actual Margin of Safety	30.00%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
6/25/2012	UTX	CSP Margin Used	CSP 100 UTX @ 70.00		($7,000.00)
6/25/2012	UTX	Initial Put Option	STO 1 Jul12 70.00 Put @ 0.58			$57.97

Position Summary

Cost Basis	($7,000.00)
Income Generated	$57.97
Percent Income Generated	0.83%
Annualized Income Generated	12.09%
Net Profit If Assigned	$57.97
Percent Return If Assigned	0.83%
Annualized Return If Assigned	12.09%
Days Held to Expiration	25 days

EMR - New Position

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

Criteria	Value
Dividend Champions Status	Champion
Years of Consecutive Dividend Increases	55
Fair Value Estimate	$60.00
Target Buy Price	$42.00
Target Margin of Safety	30.00%
Actual Buy Price	$42.00
Actual Margin of Safety	30.00%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
6/25/2012	EMR	CSP Margin Used	CSP 100 EMR @ 42.00		($4,200.00)
6/25/2012	EMR	Initial Put Option	STO 1 Jul12 42.00 Put @ 0.35			$34.97

Position Summary

Cost Basis	($4,200.00)
Income Generated	$34.97
Percent Income Generated	0.83%
Annualized Income Generated	12.16%
Net Profit If Assigned	$34.97
Percent Return If Assigned	0.83%
Annualized Return If Assigned	12.16%
Days Held to Expiration	25 days

TEVA - Adjustment

The following adjustment was made today on Teva Pharmaceutical Industries Ltd (TEVA). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Contender
Years of Consecutive Dividend Increases	13
Fair Value Estimate	$58.00
Target Buy Price	$40.60
Target Margin of Safety	30.00%
Actual Buy Price	$40.00
Actual Margin of Safety	31.03%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
6/25/2012	TEVA	Continued Trade	STO 1 Jul12 42.50 Call @ 0.19			$19.27

Current Position Summary

Cost Basis	($4,000.00)
Income Generated	$70.24
Percent Income Generated	1.76%
Annualized Income Generated	5.34%
Net Profit If Assigned	$320.24
Percent Return If Assigned	8.01%
Annualized Return If Assigned	24.35%
Days Held to Expiration	120 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
3/22/2012	TEVA	CSP Margin Used	CSP 100 TEVA @ 40.00		($4,000.00)
3/22/2012	TEVA	Initial Put Option	STO 1 May12 40.00 Put @ 0.51	Exercised		$50.97
5/18/2012	TEVA	CSP Margin Returned	CSP 100 TEVA @ -40.00		$4,000.00
5/18/2012	TEVA	Stock Assigned	EX 1 May12 40.00 Put @ -40.00		($4,000.00)
6/25/2012	TEVA	Continued Trade	STO 1 Jul12 42.50 Call @ 0.19			$19.27
7/20/2012	TEVA		Totals		($4,000.00)	$70.24
DTE	120		Percent Income/Annualized		1.76%	5.34%

TXN - New Position

A new CSP position was established today on Texas Instruments (TXN). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Challenger
Years of Consecutive Dividend Increases	8
Fair Value Estimate	$38.00
Target Buy Price	$26.60
Target Margin of Safety	30.00%
Actual Buy Price	$26.00
Actual Margin of Safety	31.58%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
6/21/2012	TXN	CSP Margin Used	CSP 200 TXN @ 26.00		($5,200.00)
6/21/2012	TXN	Initial Put Option	STO 2 Jul12 26.00 Put @ 0.28			$56.55

Position Summary

Cost Basis	($5,200.00)
Income Generated	$56.55
Percent Income Generated	1.09%
Annualized Income Generated	13.69%
Net Profit If Assigned	$56.55
Percent Return If Assigned	1.09%
Annualized Return If Assigned	13.69%
Days Held to Expiration	29 days

SU - New Position

A new CSP position was established today on Suncor Energy (SU). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Challenger
Years of Consecutive Dividend Increases	7
Fair Value Estimate	$52.00
Target Buy Price	$36.40
Target Margin of Safety	30.00%
Actual Buy Price	$25.00
Actual Margin of Safety	51.92%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
6/21/2012	SU	CSP Margin Used	CSP 200 SU @ 25.00		($5,000.00)
6/21/2012	SU	Initial Put Option	STO 2 Jul12 25.00 Put @ 0.43			$86.85

Position Summary

Cost Basis	($5,000.00)
Income Generated	$86.85
Percent Income Generated	1.74%
Annualized Income Generated	21.86%
Net Profit If Assigned	$86.85
Percent Return If Assigned	1.74%
Annualized Return If Assigned	21.86%
Days Held to Expiration	29 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	8
Fair Value Estimate	$130.00
Target Buy Price	$78.00
Target Margin of Safety	40.00%
Actual Buy Price	$80.00
Actual Margin of Safety	38.46%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
6/21/2012	STRA	CSP Margin Used	CSP 100 STRA @ 80.00		($8,000.00)
6/21/2012	STRA	Initial Put Option	STO 1 Jul12 80.00 Put @ 1.08			$107.97

Position Summary

Cost Basis	($8,000.00)
Income Generated	$107.97
Percent Income Generated	1.35%
Annualized Income Generated	16.99%
Net Profit If Assigned	$107.97
Percent Return If Assigned	1.35%
Annualized Return If Assigned	16.99%
Days Held to Expiration	29 days

QCOM - New Position

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

Criteria	Value
Dividend Champions Status	Contender
Years of Consecutive Dividend Increases	10
Fair Value Estimate	$70.00
Target Buy Price	$49.00
Target Margin of Safety	30.00%
Actual Buy Price	$50.00
Actual Margin of Safety	28.57%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
6/21/2012	QCOM	CSP Margin Used	CSP 100 QCOM @ 50.00		($5,000.00)
6/21/2012	QCOM	Initial Put Option	STO 1 Jul12 50.00 Put @ 0.60			$59.97

Position Summary

Cost Basis	($5,000.00)
Income Generated	$59.97
Percent Income Generated	1.20%
Annualized Income Generated	15.10%
Net Profit If Assigned	$59.97
Percent Return If Assigned	1.20%
Annualized Return If Assigned	15.10%
Days Held to Expiration	29 days

OXY - New Position

A new CSP position was established today on Occidental Petroleum (OXY). All prices include IB commissions.

Criteria	Value
Dividend Champions Status	Contender
Years of Consecutive Dividend Increases	10
Fair Value Estimate	$108.00
Target Buy Price	$75.60
Target Margin of Safety	30.00%
Actual Buy Price	$75.00
Actual Margin of Safety	30.56%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
6/21/2012	OXY	CSP Margin Used	CSP 100 OXY @ 75.00		($7,500.00)
6/21/2012	OXY	Initial Put Option	STO 1 Jul12 75.00 Put @ 1.41			$141.12

Position Summary

Cost Basis	($7,500.00)
Income Generated	$141.12
Percent Income Generated	1.88%
Annualized Income Generated	23.68%
Net Profit If Assigned	$141.12
Percent Return If Assigned	1.88%
Annualized Return If Assigned	23.68%
Days Held to Expiration	29 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	56
Fair Value Estimate	$73.00
Target Buy Price	$51.10
Target Margin of Safety	30.00%
Actual Buy Price	$50.00
Actual Margin of Safety	31.51%

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
6/21/2012	DOV	CSP Margin Used	CSP 100 DOV @ 50.00		($5,000.00)
6/21/2012	DOV	Initial Put Option	STO 1 Jul12 50.00 Put @ 0.50			$49.55

Position Summary

Cost Basis	($5,000.00)
Income Generated	$49.55
Percent Income Generated	0.99%
Annualized Income Generated	12.47%
Net Profit If Assigned	$49.55
Percent Return If Assigned	0.99%
Annualized Return If Assigned	12.47%
Days Held to Expiration	29 days