PAYX - New Position

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

This is the second position on PAYX. The first position is a CC.

• Dividend Champions Status = Contender (Deleted 10/18/10)
  
• Years of Consectutive Dividend Increases = 20
  
• Years of Positive Free Cash Flow (last 10 years) = 10
  
• Discount to Morningstar's Fair Value Estimate = 42.62%
  

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/19/2010	PAYX	CSP Margin Used	CSP 200 PAYX @ 25.00		($5,000.00)
10/19/2010	PAYX	Initial Put Option	STO 2 Dec10 25.00 Put @ 0.34			$67.07

Position Summary

Cost Basis	($5,000.00)
Income Generated	$67.07
Percent Income Generated	1.34%
Annualized Income Generated	8.30%
Net Profit If Assigned	$67.07
Percent Return If Assigned	1.34%
Annualized Return If Assigned	8.30%
Days Held to Expiration	59 days

JNJ - Adjustment

The following adjustment was made today on Johnson and Johnson (JNJ). All prices include IB commissions.

• Dividend Champions Status = Champion
  
• Years of Consecutive Dividend Increases = 48
  
• Years of Positive Free Cash Flow (last 10 years) = 10
  
• Discount to Morningstar's Fair Value Estimate = 21.88%
  

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/19/2010	JNJ	Continued Trade	STO 1 Nov10 62.50 Put @ 0.91			$91.24

Current Position Summary

Cost Basis	($6,250.00)
Income Generated	$612.38
Percent Income Generated	9.80%
Annualized Income Generated	19.65%
Net Profit If Assigned	$612.38
Percent Return If Assigned	9.80%
Annualized Return If Assigned	19.65%
Days Held to Expiration	182 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/21/2010	JNJ	CSP Margin Used	CSP 100 JNJ @ 62.50		($6,250.00)
5/21/2010	JNJ	Initial Put Option	STO 1 Oct10 62.50 Put @ 5.21	Expired		$521.14
10/19/2010	JNJ	Continued Trade	STO 1 Nov10 62.50 Put @ 0.91			$91.24
11/19/2010	JNJ		Totals		($6,250.00)	$612.38
DTE	182		Percent Income/Annualized		9.80%	19.65%

ITW - New Position

A new CSP position was established today on Illinois Tool Works Inc (ITW). All prices include IB commissions.

This is the second position on ITW. The first position is a CC.

• Dividend Champions Status = Champion
  
• Years of Consectutive Dividend Increases = 47
  
• Years of Positive Free Cash Flow (last 10 years) = 10
  
• Discount to Morningstar's Fair Value Estimate = 29.17%
  

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/19/2010	ITW	CSP Margin Used	CSP 100 ITW @ 42.50		($4,250.00)
10/19/2010	ITW	Initial Put Option	STO 1 Jan11 42.50 Put @ 1.18			$118.24

Position Summary

Cost Basis	($4,250.00)
Income Generated	$118.24
Percent Income Generated	2.78%
Annualized Income Generated	10.80%
Net Profit If Assigned	$118.24
Percent Return If Assigned	2.78%
Annualized Return If Assigned	10.80%
Days Held to Expiration	94 days

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.

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/18/2010	TBT	Continued Trade	STO 2 Nov10 30.00 Put @ 0.20			$40.57

Current Position Summary

Cost Basis	($6,000.00)
Income Generated	$115.14
Percent Income Generated	1.92%
Annualized Income Generated	9.87%
Net Profit If Assigned	$115.14
Percent Return If Assigned	1.92%
Annualized Return If Assigned	9.87%
Days Held to Expiration	71 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
9/9/2010	TBT	CSP Margin Used	CSP 200 TBT @ 30.00		($6,000.00)
9/9/2010	TBT	Initial Put Option	STO 2 Oct10 30.00 Put @ 0.37	Expired		$74.57
10/18/2010	TBT	Continued Trade	STO 2 Nov10 30.00 Put @ 0.20			$40.57
11/19/2010	TBT		Totals		($6,000.00)	$115.14
DTE	71		Percent Income/Annualized		1.92%	9.87%

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. This first position is a CC.

• Dividend Champions Status = Champion
  
• Years of Consecutive Dividend Increases = 48
  
• Years of Positive Free Cash Flow (last 10 years) = 8
  
• Discount to Morningstar's Fair Value Estimate = 47.22%
  

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
10/18/2010	LOW	CSP Margin Used	CSP 200 LOW @ 19.00		($3,800.00)
10/18/2010	LOW	Initial Put Option	STO 2 Jan11 19.00 Put @ 0.52			$104.57

Position Summary

Cost Basis	($3,800.00)
Income Generated	$104.57
Percent Income Generated	2.75%
Annualized Income Generated	10.57%
Net Profit If Assigned	$104.57
Percent Return If Assigned	2.75%
Annualized Return If Assigned	10.57%
Days Held to Expiration	95 days

MLM - Closed

The Martin Marietta Materials Inc (MLM) Oct10 70.00 Put expired and the position was closed. All prices include IB commissions.

Closed Position Summary

Cost Basis	$7,000.00
Net Profit	$331.14
Percent Return	4.73%
Annualized Return	11.75%
Days Held to Expiration	147 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
5/21/2010	MLM	CSP Margin Used	CSP 100 MLM @ 70.00		($7,000.00)
5/21/2010	MLM	Initial Put Option	STO 1 Oct10 70.00 Put @ 3.31	Expired		$331.14
10/15/2010	MLM	CSP Margin Returned	CSP 100 MLM @ -70.00			$7,000.00
10/15/2010	MLM		Net Cost/Profit-Loss		($7,000.00)	$331.14
DTE	147		Percent Profit-Loss/Annualized		4.73%	11.75%

LLY - Closed

The Eli Lilly and Co (LLY) Oct10 36.00 Call was exercised and the stock was called away. All prices include IB commissions.

Closed Position Summary

Cost Basis	$3,600.00
Net Profit	$480.18
Percent Return	13.34%
Annualized Return	14.98%
Days Held to Expiration	325 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
11/24/2009	LLY	CSP Margin Used	CSP 100 LLY @ 36.00		($3,600.00)
11/24/2009	LLY	Initial Put Option	STO 1 Dec09 36.00 Put @ 0.31	Exercised		$31.25
12/18/2009	LLY	CSP Margin Returned	CSP 100 LLY @ -36.00		$3,600.00
12/18/2009	LLY	Stock Assigned	EX 1 Dec09 36.00 Put @ -36.00		($3,600.00)
12/21/2009	LLY	Continued Trade	STO 1 Jan10 36.00 Call @ 0.89	Expired		$89.00
1/19/2010	LLY	Continued Trade	STO 1 Feb10 38.00 Call @ 0.64	Expired		$64.00
2/22/2010	LLY	Continued Trade	STO 1 Mar10 35.00 Call @ 0.48	Closed		$47.99
3/10/2010	LLY	Dividend Received	DIV 100 Dividend @ 0.49			$49.00
3/19/2010	LLY	Buy Back and Roll Out/Up	BTC 1 Mar10 35.00 Call @ -1.18			($118.01)
3/19/2010	LLY	Continued Trade	STO 1 Apr10 36.00 Call @ 0.79			$78.99
4/16/2010	LLY	Buy Back and Roll Out	BTC 1 Apr10 36.00 Call @ -0.59			($59.01)
4/16/2010	LLY	Continued Trade	STO 1 May10 36.00 Call @ 1.01	Closed		$100.99
5/21/2010	LLY	Buy Back and Roll Out	BTC 1 May10 36.00 Call @ -0.03			($3.01)
5/21/2010	LLY	Continued Trade	STO 1 Oct10 36.00 Call @ 1.01	Exercised		$100.99
6/10/2010	LLY	Dividend Received	DIV 100 Dividend @ 0.49			$49.00
9/10/2010	LLY	Dividend Received	DIV 100 Dividend @ 0.49			$49.00
10/15/2010	LLY	Option Assigned	EX 1 Oct10 36.00 Call @ 36.00			$3,600.00
10/15/2010	LLY		Net Cost/Profit-Loss		($3,600.00)	$480.18
DTE	325		Percent Profit-Loss/Annualized		13.34%	14.98%

ITW - Closed

The Illinois Tool Works Inc (ITW) Oct10 37.50 Put expired and the position was closed. All prices include IB commissions.

This was the second position on ITW. The first position is a CC.

Closed Position Summary

Cost Basis	$3,750.00
Net Profit	$68.24
Percent Return	1.82%
Annualized Return	12.77%
Days Held to Expiration	52 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/24/2010	ITW	CSP Margin Used	CSP 100 ITW @ 37.50		($3,750.00)
8/24/2010	ITW	Initial Put Option	STO 1 Oct10 37.50 Put @ 0.68	Expired		$68.24
10/15/2010	ITW	CSP Margin Returned	CSP 100 ITW @ -37.50			$3,750.00
10/15/2010	ITW		Net Cost/Profit-Loss		($3,750.00)	$68.24
DTE	52		Percent Profit-Loss/Annualized		1.82%	12.77%

GD - Closed

The General Dynamics Corporation (GD) Oct10 50.00 Put expired and the position was closed. All prices include IB commissions.

This was the second position on GD. The first position is a CC.

Closed Position Summary

Cost Basis	$5,000.00
Net Profit	$56.24
Percent Return	1.12%
Annualized Return	7.90%
Days Held to Expiration	52 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
8/24/2010	GD	CSP Margin Used	CSP 100 GD @ 50.00		($5,000.00)
8/24/2010	GD	Initial Put Option	STO 1 Oct10 50.00 Put @ 0.56	Expired		$56.24
10/15/2010	GD	CSP Margin Returned	CSP 100 GD @ -50.00			$5,000.00
10/15/2010	GD		Net Cost/Profit-Loss		($5,000.00)	$56.24
DTE	52		Percent Profit-Loss/Annualized		1.12%	7.90%

AVP - Closed

The Avon Products Inc (AVP) Oct10 32.00 Put expired and the position was closed. All prices include IB commissions.

Closed Position Summary

Cost Basis	$6,400.00
Net Profit	$366.61
Percent Return	5.73%
Annualized Return	12.45%
Days Held to Expiration	168 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
4/30/2010	AVP	CSP Margin Used	CSP 200 AVP @ 32.00		($6,400.00)
4/30/2010	AVP	Initial Put Option	STO 2 May10 75.00 Put @ 0.85	Closed		$170.87
5/21/2010	AVP	Buy Back and Roll Out	BTC 2 May10 32.00 Put @ -5.54			($1,107.13)
5/21/2010	AVP	Continued Trade	STO 2 Oct10 32.00 Put @ 6.51	Expired		$1,302.87
10/15/2010	AVP	CSP Margin Returned	CSP 200 AVP @ -32.00			$6,400.00
10/15/2010	AVP		Net Cost/Profit-Loss		($6,400.00)	$366.61
DTE	168		Percent Profit-Loss/Annualized		5.73%	12.45%