Adjustments - MSFT

MSFT BTO 400 shares Total Cost ($11,197.55) Original Cost not MTM adjusted
Income to Date $1,079.83
Holding Period 121 Days
Income 9.64% to date, Monthly 2.41%, Annual 28.92%
STO 4 21 Jan 09 @0.27 Income $95.04
BTC 4 21 Jan 09 @ 0.20 ($92.95) Buyback/ roll out and up
STO 4 23 Feb 09 @0.25 Income $87.04
BTC 4 23 Feb 09 @0.02 ($12.95) Buyback/ roll down
STO 4 19 Feb 09 @ 0.21 Income $73.04
BTC 4 19 Feb 09 @ 1.00 ($412.95) Buyback / roll out
STO 4 19 Mar 09 @1.35 Income $527.04
BTC 4 19 Mar 09 @1.07 ($440.95) Buyback / roll down and up
STO 4 20 Feb 09 @ 0.19 Income $63.04 Expired
STO 4 19 Mar 09 @ 0.11 Income $31.04
BTC 4 19 Mar 09 @ 0.02 ($12.95)
STO 4 17 Mar 09 @ 0.15 Income $47.04
If Exercised -29.70% Net, Monthly -4.20%, Annual -51.13% Must watch for roll out/u

Adjustment - GE

As GE continues to go south, I have to adjust my position to increase cash income.

GE (2 Different Positions Combined)
BTO 600 shares Total Cost ($16,455.88) Original Cost not MTM adjusted
Income to Date $1,884.90
Average Holding of Combined Positions 99 days
Income 11.45% to date, Monthly 3.47%, Annual 41.64%
STO 6 17.5 Jan 09 @ 0.33 Income $185.04 Expired
STO 6 15 Feb 09 @0.20 Income $107.04
Dividend Received Income $186.00
BTC 6 15 Feb 09 @ 0.05 ($42.95) Buyback / roll out and down
STO 6 13 Feb 09 @ 0.19 Income $101.04 Expired
STO 6 11 Mar09 @ 0.25 Income $137.04
BTC 6 11 Mar 09 @0.06 ($48.95)
STO 6 9 Mar 09 @0.19 Income $101.04
If Exercised Net –49.54% , Monthly –7.82%, Annual --95.16% NOTE: Must watch for roll out/up

Adjustments - BA, AA

BA BTO 200 shares @44.18 ($8,845.95)
STO 2 45 Feb 09 @1.30 Income $247.04
BTC 2 45 Feb 09 @0.4 ($92.95)
BTO 100 Shares @ 41.13 ($4,122.95)
ST0 3 45 Feb 09 @0.45 Income $122.04
BTC 3 45 Feb 09 @0.05 ($27.95)
STO 3 40 Feb 09 @0.20 Income $47.04 Expired
STO 3 40 Apr 09 @ 0.60 Income $167.04
BTC 3 40 Apr 09 @ 0.20 ($72.95)
STO 3 35 Apr 09 @ 0.75 Income $212.04
If Exercised –13.51% Net, Monthly -5.13%, Annual -62.40% NOTE: Must watch for roll out/up


AA BTO 300 shares @10.98 ($3303.38)
Income to Date $118.22
Holding Period 43
Income 3.58%, Monthly 2.69%, Annual 32.22%
STO 3 12.5 Jan 09 @0.21 Income $50.04 Expired
STO 5 10 Jan 09 @0.24 Income $107.04 PUT
BTC 5 10 Jan 09 @0.80 ($412.95)
STO 3 10 Feb 09 @0.27 Income $68.04 Expired
STO 3 7.5 Apr 09 @0.45 Income $122.04
BTO 200 shares @5.75 ($1,159.95)
STO 2 7.5 Apr 09 @0.35 Income $57.04
If Exercised -12.61%, Monthly -2.35%, Annual -28.59% NOTE: Must watch for roll out/up