Adjustments - WMT, CAT, CSCO

WMT BTO 200 shares Total Cost ($11,569.95) Original Cost not MTM adjusted
Income to Date $882.89
Holding Period 132
Income 7.63% to date, Monthly 1.73%, Annual 20.81%
STO 2 57.5 Jan 09 @1.48 Income $285.04 Expired
STO 2 57.5 Feb 09 @ 0.25 Income $37.04
BTC 2 57.5 Feb 09 @ 0.04 ($12.95)
STO 2 52.5 Feb 09 @ 0.49 Income $85.04
If Exercised 2.11% Net, Monthly 0.33%, Annual 4.00%


CAT BTO 200 shares @41.37 ($8283.57)
STO 2 42.5 Jan 09 @2.00 Income $387.04 Expired
STO 2 42 Feb 09 @ 1.59 Income $305.04
BTC 2 42 Feb 09 @ 0.49 ($110.95)
STO 2 40 Feb 09 @ 1.00 Income $187.04
If Exercised 6.74% Net, Monthly 3.49%, Annual 42.44%

CSCO BTO 500 shares Total Cost ($12,454.45) Original Cost not MTM adjusted
Income to Date $1,047.80
Holding Period 121 Days
Income 8.41% to date, Monthly 2.10%, Annual 25.2%
STO 5 17.5 Jan 09 @0.33 Income 152.04
BTC 5 17.5 Jan 09 @0.30 ($132.95)
STO 5 19 Feb 09 @ 0.35 Income $162.04
BTC 5 19 Feb 09 @0.06 ($42.95)
STO 5 17 Feb 09 @ 0.30 Income 137.04
If Exercised -19.80% Net, Monthly –4.01%, Annual –48.82% NOTE: Must watch for roll out/up

New Positions - ALL, TRA, GE, AUY

The following nes positions were established the past 2 days.

ALL BTO 300 shares @26.01 ($7,812.38)
STO 3 22.5 Feb 09 @ 5.10 Income $1,517.04
STO 2 20 Feb 09 Puts @1.00 Income 187.04
If Exercised 8.09%, Monthly 8.66%, Annual 105.41%

TRA BTO 500 shares @18.65 ($9,333.05)
STO 5 17.5 TRA @ 2.45 Income $1,212.04
If Exercised 6.63%, Monthly 7.11%, Annual 86.46%

GE BTO 400 shares 11.95 ($4789.91)
STO 4 10 Feb 09 @2.39 Income $943.04
If Exercised 2.99%, Monthly 3.32%, Annual 40.41%

AUY BTO 500 shares @7.77 ($3,894.00)
STO 5 8 Feb 09 @ 0.55 Income $262.04
If Exercised 9.20%, Monthly 10.22%, Annual 124.32%

Adjustments - AUY, WMT, YHOO, CAT, F

Today was a poor day for much action. I only adjusted a few of my positions.

AUY (3 Different Positions Combined)
BTO 1500 shares Total Cost ($19,839.40) Original Cost not MTM adjusted
Income to Date $3,268.41
Average Holding of combined positions 169 days
Income 16.4% to date, Monthly 2.92 %, Annual 35.11%
15 10 Jan 09 calls were open at end of period and income is included above
STO 15 9 Feb 09 @0.16 Income $221.24
If Exercised Net –14.33%, Monthly -2.34%, Annual -28.42% NOTE: Watch for buy back and roll out

WMT BTO 200 shares Total Cost ($11,569.95) Original Cost not MTM adjusted
Income to Date $882.89
Holding Period 132
Income 7.63% to date, Monthly 1.73%, Annual 20.81%
STO 2 57.5 Jan 09 @1.48 Income $285.04 Expired
STO 2 57.5 Feb 09 @ 0.25 Income $37.04
If Exercised 10.13% Net, Monthly 1.58%, Annual 19.17%

YHOO BTO 1000 shares @ 12.76 ($12,774.45)
STO 10 12.5 Jan 09 @1.51 Income $1,497.04 Expired
STO 10 11 Feb 09 @1.6 Income $1,587.04
If Exercised 10.17% Net, Monthly 5.26%, Annual 64.03%

CAT BTO 200 shares @41.37 ($8283.57)
STO 2 42.5 Jan 09 @2.00 Income $387.04 Expired
STO 2 42 Feb 09 @ 1.59 Income $305.04
If Exercised 10.65% Net, Monthly 5.51%, Annual 67.05%

F BTO 1000 shares @ 2.44 ($2449.95)
STO 10 2.5 Jan 09 @0.17 Income $157.04 Expired
STO 10 3 Mar 09 @ 0.14 Income $127.04
If Exercised 33.64% Net, Monthly 12.94%, Annual 157.42%

Exercised Positions - USO, BA, PRU, TRA

Four positions were exercised after close Friday. Two had been sold ITM and two ATM on the OTM side. Alot of my positions closed very near to the money so should offer good CC returns for Feb. I will be spending the seekend and Monday making decisions on open positions. TRA that was called jumped in value greatly because of a buy out offer. It will require some thought to determine if I desire to reenter it as a position for Feb.