Systematic Covered Writing

... more than just covered calls!

CURRENT LIST

Over 500 Stocks are now evaluated ... it will take a little time to download!

It is now divided into two sections ... in will download one section at a time.

THE LIST: This list is provided to illustrate the repeatability of SysCW.  The Initial Position philosophy of Systematic Covered Writing is based on a very simple Math Exercise.  This list is simply a recent execution of 'the math' on a number of stocks actively used by covered writers.  Please note that one of the philosophies of SysCW can be stated as follows:  We can evaluate a stock until we are blue in the face, but in the end . . . the reality is . . . nobody knows!

Stay diversified, and know what you are going to do if 'this or that happens' to the price of the stock.  Remember . . . it's not about 'value', it's about being paid because the stock is owned!  Systematic Covered Writers can have this philosophy because they are long-term investors.

To that end . . . it is the hope of the covered writer that you find this information educational.  The list now includes the entire S&P 500 Index in addition to other candidates for Initial Positions.

SysCW Home

The vast majority of stocks on this list have been used by the covered writer at some point in time, or they are a component of the S&P 500 Index. The 'Index' listing have a SP in the second column. The list is sorted by the 'If Called' percentage, which is now annualized based on the number of days until expiration.  Stocks with the highest potential gains generally come with the highest risk, and for the sake of diversification, a covered writer needs to avoid the temptation of selecting only the higher yielding covered positions.

Remember, portfolio diversification dictates that on occasion, covered positions do not need to meet the basic Systematic Covered Writing guidelines. Please remember to look at the forest and not the tree!  For example CIT is showing an Annualized If Called percentage of 213.45%, which is 'a tree'.  By looking at 'the forest', you will see that the option is for January 2010, which means the transaction would need to be repeated in order to achieve that return. You will also see that the strike price is ABOVE the trading price, which means the stock would need to appreciate in order to be assigned.  The point?  Look at all the data (the forest) for each position, not just one figure.

FYI: Today , there are 565 potential positions listed with a minimum of a 10% return (when annualized) if the stock is assigned.  Of those 565 plausible Initial Positions, 322 of them also provide at least 10% downside protection. Given the world economy, and its effect of the market, why would anyone want to enter a position with less than 10% downside protection?  It is the covered writer's opinion, as it has been since 2001, real downside protection is more advantageous than potential return 'if' assigned.  Just a thought from the covered writer. ALSO ... If the company pays a dividend of 1% or more, you will find the word 'dividend' in the Industry column.

NOTE: Some may wonder why this list is not updated every hour, or in some cases every day.  The answer lies in the fact that it really doesn't matter!  It is the relationship between the stock price and the option price that determines a particular return. These values change moment by moment when the market is open, but in a relative manner.  Remember, diversification is the key to the over all success of  Systematic Covered Writing. Concentrated positions or sectors can cause significant issues as prices fluctuate.

Isn't it better to learn how the math works by 'doing', rather than just looking at someone else's current figures?  I want you to learn . . . not copy! You can make a table like this for the stocks that you are watching, and update it anytime you want with the click of a button. If you need help with the 'set up' ... just ask!

Now ... if some newsy event transpires, the relationship will change.  When it comes right down to it, the SysCW Initial Position Math Exercise will provide the data for making the final decision.  The great thing about covered writing is that one should never be in a hurry! Entering a position at 10 am should not be much different using the same underlying stock as it is at 12:30 pm. It is possible, based on the current value of the stock, that the strike price may need to be adjusted. Covered writers should know how and why to do this, if not, then calls should not be written in the first place. Hint . . . it's a math exercise!

Sites that provide up to the minute information cost YOU money ... my goal is to teach you how to do this ... once you learn, your continued support will be on option that you can elect to do or not do. I hope that makes sense!

Saturday, August 29, 2009

    Today's Stock Stock   Option Current Downside Annualized
Sector   Date Symbol Price Position Symbol Bid Protection If Called
Credit Services   26-Aug-09 CIT 1.27 CIT Jan 2010 2.5000 call .CITAZ 0.20 8.77% 213.45%
Closed-End Fund - Debt   26-Aug-09 ALD 3.21 ALD Jan 2010 5.0000 call .ALDAA 0.15 2.06% 127.36%
Gold   26-Aug-09 NG 3.57 NG Jan 2010 5.0000 call .NGAA 0.25 4.60% 96.31%
Diversified Electronics   26-Aug-09 ESLR 1.72 ESLR Jan 2010 2.5000 call .QLUAZ 0.20 6.56% 94.86%
Diversified Electronics   26-Aug-09 STP 14.70 STP Jan 2010 17.5000 call .STPAW 1.65 10.61% 72.17%
Apparel Stores   26-Aug-09 PSUN 3.84 PSUN Jan 2010 5.0000 call .PVQAA 0.25 4.28% 71.83%
Independent Oil & Gas   26-Aug-09 DPTR 1.92 DPTR Jan 2010 2.5000 call .QHRAZ 0.25 8.42% 65.86%
Telecommunications Services SP 26-Aug-09 Q 3.80 Q Jan 2010 5.0000 call .QAA 0.10 0.45% 65.23%
Life Insurance SP 26-Aug-09 GNW 8.77 GNW Jan 2010 10.0000 call .GNWAB 1.25 13.21% 63.03%
Scientific & Technical Instruments   26-Aug-09 AFFX 8.38 AFFX Jan 2010 10.0000 call .FIQAB 0.75 7.90% 62.58%
Technical & System Software   26-Aug-09 CDNS 5.94 CDNS Jan 2010 7.5000 call .CDNAU 0.20 1.96% 61.77%
Semiconductor - Broad Line SP 26-Aug-09 AMD 4.06 AMD Jan 2010 5.0000 call .AMDAA 0.35 6.48% 60.50%
Textile - Apparel Clothing   26-Aug-09 LIZ 4.28 LIZ Jan 2010 5.0000 call .LIZAA 0.60 11.90% 59.22%
Advertizing Agencies SP 26-Aug-09 IPG 6.40 IPG Jan 2010 7.5000 call .IPGAT 0.65 8.77% 56.98%
Industrial Electrical Equipment   26-Aug-09 DAKT 8.25 DAKT Jan 2010 10.0000 call .QKCAB 0.40 3.82% 56.73%
Farm and Construction Machinery   26-Aug-09 BUCY 30.92 BUCY Jan 2010 35.0000 call .HBUAG 2.80 8.77% 54.65%
Farm and Construction Machinery SP 26-Aug-09 MTW 6.60 MTW Jan 2010 7.5000 call .MTWAT 0.80 10.76% 53.34%
Money Center Banks SP 26-Aug-09 KEY 6.40 KEY Jan 2010 7.5000 call .KEYAU 0.55 7.23% 52.99%
Department Stores SP 26-Aug-09 SHLD 65.27 SHLD Jan 2010 75.0000 call .KTQAO 3.50 5.23% 51.02%
Regional - Midwest Banks SP 26-Aug-09 HBAN 4.41 HBAN Jan 2010 5.0000 call .HQBAA 0.55 10.44% 47.13%
Communication Equipment   26-Aug-09 ADCT 9.03 ADCT Jan 2010 10.0000 call .TLQAB 1.00 10.08% 46.76%
Personal Computor Systems   26-Aug-09 PALM 13.12 PALM Jan 2010 14.0000 call .UPYAN 1.80 13.02% 46.16%
Application Software   26-Aug-09 SNCR 11.00 SNCR Jan 2010 12.5000 call .QQRAV 0.80 6.48% 46.13%
Diversified Electronics   26-Aug-09 LDK 9.33 LDK Jan 2010 10.0000 call .DLOAB 1.30 12.95% 45.26%
Biotechnology   26-Aug-09 HGSI 20.50 HGSI Jan 2010 17.5000 call .HQIAW 6.90 33.14% 44.92%
Shipping   26-Aug-09 EXM 6.93 EXM Mar 2010 8.0000 call .EKNCH 1.00 13.11% 44.59%
Communication Equipment   26-Aug-09 CTV 27.60 CTV Jan 2010 30.0000 call .CTVAF 2.65 9.28% 44.12%
Industrials SP 26-Aug-09 LUV 8.60 LUV Jan 2010 10.0000 call .LUVAB 0.40 3.66% 44.01%
Gold   26-Aug-09 AUY 8.91 AUY Jan 2010 10.0000 call .AUYAB 0.70 6.88% 42.20%
Diversified Computer Systems   26-Aug-09 SGMS 15.72 SGMS Jan 2010 17.5000 call .TUJAW 1.10 6.44% 41.83%
Property Management SP 26-Aug-09 CBG 11.77 CBG Jan 2010 12.5000 call .CBGAV 1.50 11.97% 41.61%
Farm & Construction Machinery   26-Aug-09 JOYG 39.44 JOYG Jan 2010 42.0000 call .JQYAV 4.10 10.17% 41.42%
Metal Fabrication SP 26-Aug-09 X 43.24 X Jan 2010 45.0000 call .FBJAI 5.50 12.51% 41.37%
Industrial Metals & Minerals SP 26-Aug-09 MEE 28.87 MEE Jan 2010 30.0000 call .MEEAF 3.80 12.85% 41.12%
Wireless Communications   26-Aug-09 NIHD 23.10 NIHD Jan 2010 25.0000 call .QHQAE 2.10 8.71% 40.99%
Oil & Gas Refining and Marketing   26-Aug-09 IOC 31.40 IOC Jan 2010 30.0000 call .IOCAF 6.70 21.03% 40.85%
Business Software & Services   26-Aug-09 TIBX 8.99 TIBX Jan 2010 10.0000 call .PAVAB 0.70 6.82% 39.55%
Communication Equipment SP 26-Aug-09 JDSU 6.57 JDSU Jan 2010 7.5000 call .UQDAU 0.40 4.78% 39.19%
Rubber & Plastics   26-Aug-09 CTB 14.05 CTB Jan 2010 15.0000 call .CTBAC 1.50 10.04% 38.91%
Multimedia & Graphics Software SP 26-Aug-09 ERTS 19.10 ERTS Jan 2010 21.0000 call .EZQAF 1.30 6.35% 38.77%
Advertising Agencies   26-Aug-09 FMCN 9.32 FMCN Jan 2010 10.0000 call .FUOAB 1.05 10.30% 38.71%
Internet Software & Services   26-Aug-09 JCOM 22.48 JCOM Jan 2010 25.0000 call .JQFAE 1.15 4.73% 38.34%
Money Center Banks SP 26-Aug-09 C 4.63 C Jan 2010 5.0000 call .CAP 0.65 12.07% 38.33%
Communication Equipment SP 26-Aug-09 TLAB 6.55 TLAB Jan 2010 7.5000 call .TEQAU 0.35 4.04% 38.13%
Regional - Midwest Banks SP 26-Aug-09 MI 7.16 MI Jan 2010 7.5000 call .MIAU 1.05 13.38% 38.13%
Semiconductor - Memory Chips   26-Aug-09 RMBS 19.50 RMBS Jan 2010 15.0000 call .BNQAC 7.70 38.92% 37.97%
Life Insurance SP 26-Aug-09 LNC 24.75 LNC Jan 2010 25.0000 call .LNCAE 3.70 14.57% 37.74%
Home Furnishing & Fixtures   26-Aug-09 TPX 14.50 TPX Jan 2010 15.0000 call .TPXAC 1.95 12.82% 37.71%
Copper SP 26-Aug-09 FCX 63.13 FCX Jan 2010 65.0000 call .FCXAM 7.60 11.89% 37.38%
Diversified Electronics   26-Aug-09 AMSC 33.98 AMSC Jan 2010 35.0000 call .QAYAG 4.20 12.09% 37.15%
Financials SP 26-Aug-09 STI 22.15 STI Jan 2010 22.5000 call .STIAX 3.10 13.58% 36.35%
Property Management   26-Aug-09 EJ 18.94 EJ Feb 2010 17.5000 call .EJBW 4.40 22.71% 35.83%
Medical Laboratories & Research   26-Aug-09 ERES 6.69 ERES Jan 2010 7.5000 call .UDBAU 0.45 5.44% 35.82%
Wireless Communications   26-Aug-09 VIP 15.05 VIP Jan 2010 15.0000 call .VIPAC 2.45 15.66% 35.48%
Department Stores   26-Aug-09 JCP 30.50 JCP Jan 2010 32.5000 call .HZPAD 2.50 7.91% 35.29%
Computer Peripherals   26-Aug-09 ELX 9.21 ELX Jan 2010 10.0000 call .ELXAB 0.80 7.73% 35.27%
Drug Delivery   26-Aug-09 FLML 9.35 FLML Jan 2010 10.0000 call .FLUAB 0.95 9.21% 35.02%
Networking & Communication Devices SP 26-Aug-09 JNPR 23.22 JNPR Jan 2010 25.0000 call .JUXAE 1.70 6.95% 35.01%
Semiconductor - Memory Chips SP 26-Aug-09 MU 7.25 MU Jan 2010 7.5000 call .MUAU 1.05 13.22% 34.49%
Biotechnology   26-Aug-09 DNDN 24.61 DNDN Jan 2010 22.5000 call .UKOAX 5.70 22.76% 34.19%
Specialty Retailers   26-Aug-09 PETM 20.42 PETM Jan 2010 22.5000 call .QPTAX 0.95 4.23% 34.13%
Processing Systems & Products   26-Aug-09 TKLC 15.97 TKLC Jan 2010 17.5000 call .KQAW 0.90 5.10% 33.93%
Business Services SP 26-Aug-09 ICE 92.98 ICE Jan 2010 95.0000 call .ICEAS 10.50 11.20% 33.85%
Property & Casualty Insurance     SP 26-Aug-09 AIG 37.69 AIG Jan 2010 33.0000 call .IKGAG 9.95 26.13% 33.77%
Electric Utilities                    SP 26-Aug-09 AES 14.23 AES Jan 2010 15.0000 call .AESAC 1.40 9.21% 33.37%
Resorts & Casinos       SP 26-Aug-09 WYNN 57.20 WYNN Jan 2010 55.0000 call .UWYAK 9.90 17.14% 33.27%
Industrial Metals & Minerals SP 26-Aug-09 CNX 39.22 CNX Jan 2010 40.0000 call .SDFAH 4.60 11.50% 33.24%
Oil & Gas Refining and Marketing SP 26-Aug-09 RDC 21.37 RDC Jan 2010 22.5000 call .RDCAX 1.95 8.71% 33.22%
Gold   26-Aug-09 SA 27.75 SA Jan 2010 30.0000 call .SAAF 1.65 5.63% 33.21%
Oil & Gas Refining and Marketing   26-Aug-09 PTEN 13.98 PTEN Jan 2010 15.0000 call .NZQAC 1.10 7.24% 33.04%
Apparel Stores   26-Aug-09 JWN 28.79 JWN Jan 2010 30.0000 call .JWNAF 2.80 9.42% 33.00%
Independent Oil & Gas   26-Aug-09 KWK 11.51 KWK Jan 2010 12.5000 call .KWKAV 1.30 10.51% 32.73%
Oil & Gas Drilling & Exploration SP 26-Aug-09 ESV 38.15 ESV Jan 2010 40.0000 call .ESVAH 3.30 8.42% 32.62%
Lumber, Wood Production SP 26-Aug-09 MAS 14.43 MAS Jan 2010 15.0000 call .MASAC 1.55 10.12% 32.01%
Aluminum SP 26-Aug-09 AA 12.26 AA Jan 2010 12.5000 call .AAAA 1.61 12.39% 31.99%
Drug Delivery   26-Aug-09 ELN 7.27 ELN Jan 2010 7.5000 call .ELNAU 1.00 12.50% 31.93%
Business Software & Services   26-Aug-09 OMTR 15.06 OMTR Mar 2010 15.0000 call .MOQCC 2.25 14.33% 31.88%
Health Care SP 26-Aug-09 THC 4.69 THC Jan 2010 5.0000 call .THCAA 0.60 10.87% 31.88%
Health Care Plans SP 26-Aug-09 AET 29.36 AET Jan 2010 30.0000 call .AETAF 3.30 10.93% 31.74%
Industrial Metals & Minerals SP 26-Aug-09 BTU 34.35 BTU Jan 2010 35.0000 call .BTUAG 3.90 11.09% 31.72%
Medical Instruments & Supplies SP 26-Aug-09 BSX 11.43 BSX Jan 2010 12.5000 call .BSXAV 0.65 4.93% 31.38%
Electronic Equipment   26-Aug-09 DISH 16.75 DISH Jan 2010 17.5000 call .HSWAW 1.60 9.02% 31.13%
Semiconductor Equipment & Materials   26-Aug-09 TSRA 25.51 TSRA Jan 2010 25.0000 call .TJQAE 3.90 14.92% 30.97%
Medical Appliences & Equipment SP 26-Aug-09 ISRG 228.75 ISRG Jan 2010 230.0000 call .AXVAF 26.30 11.46% 30.73%
Farm Products SP 26-Aug-09 ADM 27.90 ADM Jan 2010 30.0000 call .ADMAF 1.55 5.25% 30.72%
Property & Casualty Insurance SP 26-Aug-09 AIG 37.69 AIG Jan 2010 32.0000 call .IKGAF 10.50 27.59% 30.69%
Semiconductor - Memory Chips SP 26-Aug-09 SNDK 17.68 SNDK Jan 2010 17.5000 call .SWQAW 2.60 14.18% 30.52%
Air Delivery & Freight Services    Dividend SP 26-Aug-09 EXPD 32.89 EXPD Jan 2010 35.0000 call .URPAG 2.10 6.12% 30.46%
Railroads                             Dividend SP 26-Aug-09 CSX 43.05 CSX Jan 2010 45.0000 call .CDTAI 3.40 7.69% 30.11%
Chemicals - Major Diversified    Dividend SP 26-Aug-09 DOW 21.56 DOW Jan 2010 22.5000 call .DOWAX 1.90 8.40% 30.06%
Asset Management                  Dividend SP 26-Aug-09 AMP 29.82 AMP Mar 2010 30.0000 call .AMPCF 3.60 11.77% 29.87%
Major Airlines   26-Aug-09 CAL 13.60 CAL Jan 2010 12.5000 call .CALAV 3.00 21.34% 29.80%
Internet Software & Services   26-Aug-09 FFIV 34.05 FFIV Jan 2010 35.0000 call .FLKAG 3.30 9.43% 29.73%
Regional - Pacific Banks   SP 26-Aug-09 ZION 17.42 ZION Jan 2010 17.5000 call .ZNQAW 2.75 15.25% 29.64%
Recreational Vehicles      Dividend SP 26-Aug-09 HOG 21.95 HOG Jan 2010 22.5000 call .JOZAX 2.30 10.07% 29.64%
Diversified Machinery SP 26-Aug-09 CMI 46.12 CMI Jan 2010 46.0000 call .CDMAT 5.70 12.16% 29.40%
Apparel Stores   26-Aug-09 JCG 32.75 JCG Mar 2010 30.0000 call .JCGCF 6.80 20.47% 29.33%
Semiconductor - Integrated Circuits SP 26-Aug-09 WFR 16.10 WFR Jan 2010 16.0000 call .CJCAI 2.25 13.40% 29.19%
REIT - Heaalthcare Facilities    Dividend SP 26-Aug-09 HCP 28.41 HCP Jan 2010 30.0000 call .HCPAF 1.95 6.56% 29.18%
Consumer Discretionary SP 26-Aug-09 HOT 30.37 HOT Jan 2010 30.0000 call .HOTAF 4.10 13.20% 28.91%
Industrials SP 26-Aug-09 R 39.10 R Jan 2010 40.0000 call .RAH 3.80 9.49% 28.86%
Medical Equipment & Supplies   26-Aug-09 CMED 15.67 CMED Jan 2010 15.0000 call .QCYAC 2.75 16.95% 28.84%
Industrial Metals & Minerals            Dividend SP 26-Aug-09 ATI 28.49 ATI Jan 2010 28.0000 call .AASAK 4.00 13.72% 28.82%
Conglomerates             Dividend SP 26-Aug-09 GE 14.11 GE Jan 2010 15.0000 call .GEWAH 1.01 6.54% 28.73%
Lodging                               Dividend SP 26-Aug-09 MAR 24.56 MAR Jan 2010 25.0000 call .MARAE 2.60 10.22% 28.49%
Health Care Plans SP 26-Aug-09 CI 29.97 CI Jan 2010 30.0000 call .CIAF 3.60 11.71% 28.44%
Investment Brokerage - National SP 26-Aug-09 MS 29.53 MS Jan 2010 30.0000 call .MSAF 3.10 10.19% 28.33%
Diversified Investments SP 26-Aug-09 MS 29.53 MS Jan 2010 30.0000 call .MSAF 3.10 10.19% 28.33%
REIT - Residential   26-Aug-09 MTH 23.90 MTH Mar 2010 22.5000 call .MTHCX 5.50 22.60% 28.15%
Internet Information Providers   26-Aug-09 ONXX 31.20 ONXX Jan 2010 30.0000 call .OIQAF 4.90 15.41% 27.89%
Communication Equipment   26-Aug-09 ERIC 9.36 ERIC Jan 2010 10.0000 call .RQCAB 0.70 6.55% 27.87%
Music & Video Stores   26-Aug-09 NFLX 43.97 NFLX Jan 2010 45.0000 call .QNQAI 4.00 8.90% 27.61%
Money Center Banks SP 26-Aug-09 WFC 27.62 WFC Jan 2010 27.5000 call .FHUAU 3.40 11.98% 27.58%
Heavy Construction SP 26-Aug-09 FLR 53.93 FLR Jan 2010 55.0000 call .FLRAK 5.00 9.11% 27.49%
Residential Construction SP 26-Aug-09 KBH 18.23 KBH Jan 2010 17.5000 call .KBHAW 3.00 15.94% 27.48%
Credit Services SP 26-Aug-09 COF 36.49 COF Jan 2010 35.0000 call .COFAG 5.70 15.37% 27.46%
Agricultural Chemicals   26-Aug-09 MOS 51.68 MOS Jan 2010 50.0000 call .MOSAJ 7.50 14.33% 27.43%
Independent Oil & Gas SP 26-Aug-09 DVN 62.53 DVN Jan 2010 65.0000 call .DVNAM 4.50 7.06% 27.42%
Catelog & Mail Order Houses   26-Aug-09 LINTA 9.92 LINTA Jan 2010 10.0000 call .NLHAB 1.30 12.19% 27.34%
Packaging & Containers SP 26-Aug-09 OI 34.43 OI Jan 2010 35.0000 call .OIAG 3.40 9.62% 27.30%
Multimedia & Graphics Software   26-Aug-09 TTWO 10.60 TTWO Jan 2010 10.0000 call .TUOAB 2.05 18.44% 27.29%
Diversified Machinery       Dividend SP 26-Aug-09 FLS 88.52 FLS Jan 2010 90.0000 call .FLSAR 8.20 9.16% 27.28%
Apparel Stores   26-Aug-09 ZUMZ 13.45 ZUMZ Feb 2010 12.5000 call .QUYBV 2.70 19.36% 27.27%
Gold   26-Aug-09 RGLD 38.96 RGLD Jan 2010 40.0000 call .MJQAH 3.40 8.50% 27.24%
Health Care Plans SP 26-Aug-09 CVH 22.68 CVH Jan 2010 22.5000 call .CVHAX 2.90 12.38% 27.22%
Residential Construction        Dividend SP 26-Aug-09 LEN 15.58 LEN Jan 2010 15.0000 call .LENAC 2.55 15.77% 27.19%
Special Eateries SP 26-Aug-09 SBUX 19.35 SBUX Jan 2010 20.0000 call .SQXAD 1.71 8.38% 27.10%
Energy SP 26-Aug-09 SWN 38.71 SWN Jan 2010 39.0000 call .TKQAA 4.10 10.36% 27.09%
Technical & System Software SP 26-Aug-09 ADSK 24.19 ADSK Jan 2010 25.0000 call .ADQAE 2.05 8.11% 27.01%
Technical & System Software SP 26-Aug-09 ADSK 24.19 ADSK Jan 2010 25.0000 call .ADQAE 2.05 8.11% 27.01%
Specialty Retailer   26-Aug-09 OSTK 12.83 OSTK Jan 2010 12.5000 call .QKTAV 2.00 14.86% 26.98%
Textile - Apparel Footwear & Accessories SP 26-Aug-09 COH 29.31 COH Jan 2010 30.0000 call .COHAF 2.70 8.91% 26.96%
Internet Services Providers   26-Aug-09 PCLN 151.11 PCLN Jan 2010 150.0000 call .PNEAJ 17.20 11.32% 26.93%
Money Center Banks SP 26-Aug-09 BAC 17.79 BAC Jan 2010 17.5000 call .BYOAZ 2.45 13.26% 26.57%
Drug Related Products   26-Aug-09 AUXL 28.09 AUXL Jan 2010 25.0000 call .UQXAE 6.30 22.08% 26.48%
Farm & Construction Machinery   26-Aug-09 TEX 16.80 TEX Jan 2010 16.0000 call .HAGAL 2.85 16.40% 26.45%
Electronics Stores SP 26-Aug-09 GME 22.56 GME Jan 2010 22.5000 call .GMEAX 2.70 11.57% 26.45%
Apparel Stores   26-Aug-09 AEO 14.58 AEO Jan 2010 15.0000 call .AEOAC 1.40 8.99% 26.40%
Consumer Services   26-Aug-09 CTRP 50.51 CTRP Mar 2010 50.0000 call .QCTCJ 8.30 16.25% 26.37%
Independent Oil & Gas SP 26-Aug-09 PXD 30.01 PXD Jan 2010 30.0000 call .PXDAF 3.40 11.03% 26.34%
Photographic Equipment & Supplies ` 26-Aug-09 EK 5.51 EK Jan 2010 5.0000 call .EKAA 1.40 23.61% 26.27%
Business Software & Services   26-Aug-09 SYNA 25.13 SYNA Jan 2010 25.0000 call .QYGAE 3.00 11.58% 26.11%
Research Services SP 26-Aug-09 RX 14.05 RX Jan 2010 15.0000 call .RXAC 0.80 5.08% 26.11%
Steel & Iron SP 26-Aug-09 AKS 20.60 AKS Jan 2010 19.0000 call .ASJAS 4.00 18.95% 25.96%
Auto Dealerships  SP 26-Aug-09 AN 19.74 AN Jan 2010 20.0000 call .ANAD 2.05 9.93% 25.91%
Apparel Stores SP 26-Aug-09 ANF 33.43 ANF Jan 2010 33.0000 call .ANFAK 4.10 11.99% 25.81%
Diversified Utilities                Dividend SP 26-Aug-09 CMS 13.52 CMS Jan 2010 15.0000 call .CMSAC 0.20 0.86% 25.80%
Textile - Apparel Clothing   26-Aug-09 CRI 25.71 CRI Mar 2010 25.0000 call .CRICE 3.60 13.64% 25.72%
Gold   26-Aug-09 ABX 34.20 ABX Jan 2010 35.0000 call .ABXAG 2.90 8.22% 25.45%
Steel & Iron   26-Aug-09 ZEUS 27.20 ZEUS Jan 2010 25.0000 call .SBQAE 5.20 18.77% 25.36%
Reit - Retail                         Dividend SP 26-Aug-09 KIM 12.45 KIM Jan 2010 12.5000 call .KIMAV 1.50 11.32% 25.32%
CATV Systems SP 26-Aug-09 CMCSA 15.14 CMCSA Jan 2010 16.0000 call .CCQAP 0.95 5.70% 25.26%
Chemicals - Major Diversified SP 26-Aug-09 ASH 36.78 ASH Jan 2010 35.0000 call .ASHAG 5.70 15.24% 25.21%
Department Stores                Dividend SP 26-Aug-09 M 15.69 M Jan 2010 15.0000 call .MAC 2.55 15.66% 25.19%
Asset Management SP 26-Aug-09 BEN 93.46 BEN Jan 2010 95.0000 call .BENAS 7.90 8.36% 25.18%
Independent Oil & Gas SP 26-Aug-09 EOG 73.98 EOG Jan 2010 75.0000 call .EOGAO 6.50 8.67% 25.10%
Industrial Metals & Minerals   26-Aug-09 ACI 17.66 ACI Jan 2010 17.5000 call .AGHAW 2.20 11.94% 25.02%
Diversified Utilities           Dividend SP 26-Aug-09 NI 13.56 NI Jan 2010 15.0000 call .NIAC 0.20 0.86% 24.96%
Application Software SP 26-Aug-09 INTU 28.20 INTU Jan 2010 30.0000 call .IQUAF 1.25 4.13% 24.92%
Networking & Communication Devices   26-Aug-09 STAR 21.93 STAR Mar 2010 22.5000 call .QTQCX 2.80 12.35% 24.74%
REIT - Office SP 26-Aug-09 BXP 59.77 BXP Jan 2010 60.0000 call .BXPAL 5.80 9.55% 24.63%
Drugs Generic SP 26-Aug-09 MYL 14.54 MYL Jan 2010 15.0000 call .MYLAC 1.25 7.99% 24.53%
Farm Products   26-Aug-09 ANDE 29.84 ANDE Jan 2010 30.0000 call .AQAAF 3.00 9.75% 24.50%
Health Care Plans SP 26-Aug-09 HUM 36.15 HUM Jan 2010 35.0000 call .HUMAG 4.90 13.30% 24.44%
Internet Information Providers SP 26-Aug-09 EXPE 22.86 EXPE Jan 2010 22.5000 call .UEDAX 2.85 12.07% 24.41%
Internet Information Providers SP 26-Aug-09 EXPE 22.86 EXPE Jan 2010 22.5000 call .UEDAX 2.85 12.07% 24.41%
Auto Parts                            Dividend SP 26-Aug-09 JCI 24.88 JCI Jan 2010 25.0000 call .JCIAE 2.55 9.89% 24.30%
Credit Services SP 26-Aug-09 EFX 27.90 EFX Jan 2010 30.0000 call .EFXAF 0.85 2.74% 24.26%
Industrial Metals & Minerals   26-Aug-09 CCJ 28.13 CCJ Jan 2010 28.0000 call .CCJAY 3.10 10.70% 24.25%
Communication Equipment SP 26-Aug-09 CIEN 13.32 CIEN Jan 2010 12.5000 call .EUQAV 2.40 17.31% 24.25%
Communication Equipment SP 26-Aug-09 CIEN 13.32 CIEN Jan 2010 12.5000 call .EUQAV 2.40 17.31% 24.25%
Oil & Gas Drilling & Exploration   26-Aug-09 PBR 42.67 PBR Jan 2010 42.5000 call .PMJAV 4.50 10.34% 24.22%
Application Software SP 26-Aug-09 RHT 22.42 RHT Jan 2010 22.5000 call .RHTAX 2.35 10.08% 24.20%
REIT - Hotel Motel                          SP 26-Aug-09 HST 10.08 HST Jan 2010 10.0000 call .HSTAB 1.35 12.49% 24.11%
Small Tools & Accessories       Dividend SP 26-Aug-09 BDK 44.79 BDK Jan 2010 45.0000 call .BDKAI 4.30 9.40% 24.11%
Specialty Retail, Other SP 26-Aug-09 ODP 5.37 ODP Jan 2010 5.0000 call .ODPAA 1.20 20.54% 24.09%
Surety & Title Insurance SP 26-Aug-09 MBI 5.60 MBI Jan 2010 5.0000 call .MBIAA 1.45 24.12% 24.03%
Oil & Gas Equipment & Services SP 26-Aug-09 NOV 38.22 NOV Jan 2010 37.0000 call .NONAZ 5.10 13.10% 23.99%
Oil & Gas Drilling & Exploration SP 26-Aug-09 DO 91.16 DO Jan 2010 91.2500 call .DOAF 8.70 9.45% 23.97%
Independent Oil & Gas         SP 26-Aug-09 XTO 39.60 XTO Jan 2010 40.0000 call .XJVAH 3.60 8.87% 23.94%
Independent Oil & Gas    SP 26-Aug-09 APC 54.43 APC Jan 2010 55.0000 call .AZWAK 4.80 8.66% 23.92%
Technical Services SP 26-Aug-09 JEC 45.10 JEC Jan 2010 45.0000 call .JECAI 4.60 10.00% 23.88%
Lodging SP 26-Aug-09 WYN 15.81 WYN Jan 2010 15.0000 call .WYNAC 2.60 15.85% 23.87%
Appliances                    Dividend SP 26-Aug-09 WHR 62.22 WHR Jan 2010 60.0000 call .WHRAL 8.30 13.19% 23.87%
Rubber & Plastics SP 26-Aug-09 GT 17.00 GT Jan 2010 17.5000 call .GTAW 2.10 11.82% 23.83%
Gold   26-Aug-09 GG 35.50 GG Jan 2010 35.0000 call .GGAT 4.10 11.29% 23.80%
Drug Manufactures   26-Aug-09 UTHR 91.08 UTHR Jan 2010 90.0000 call .FUHAR 9.80 10.66% 23.79%
Auto Manufactures - Major SP 26-Aug-09 F 7.61 F Jan 2010 7.5000 call .FAU 1.14 13.77% 23.79%
Auto Manufacturer SP 26-Aug-09 F 7.61 F Mar 2010 7.0000 call .FCJ 1.64 20.28% 23.79%
Chemicals - Major Diversified    Dividend SP 26-Aug-09 EMN 53.75 EMN Jan 2010 55.0000 call .EMNAK 4.00 7.28% 23.64%
Credit Services                   Dividend SP 26-Aug-09 AXP 33.14 AXP Jan 2010 32.5000 call .ABZAT 4.00 11.80% 23.62%
Internet Software & Services   26-Aug-09 DRIV 34.98 DRIV Jan 2010 35.0000 call .DQIAG 3.50 9.75% 23.56%
Savings & Loans      Dividend SP 26-Aug-09 PBCT 16.24 PBCT Jan 2010 17.5000 call .UOBAW 0.55 2.87% 23.55%
Advertisig Agencies          SP 26-Aug-09 MWW 15.74 MWW Jan 2010 15.0000 call .MWWAC 2.50 15.29% 23.48%
Catelog & Mail Order Houses SP 26-Aug-09 EBAY 22.27 EBAY Jan 2010 22.5000 call .QXBAT 2.12 9.12% 23.44%
Rental & Leasing Services   26-Aug-09 HTZ 10.58 HTZ Mar 2010 10.0000 call .HTZCB 2.30 20.82% 23.44%
General Entertainment SP 26-Aug-09 CCL 30.51 CCL Jan 2010 30.0000 call .CCLAF 3.60 11.50% 23.37%
Semiconductor - Integrated Circuits  S&P SP 26-Aug-09 QLGC 14.51 QLGC Jan 2010 15.0000 call .QLCAC 1.15 7.32% 23.34%
Steel & Iron              Dividend SP 26-Aug-09 NUE 45.28 NUE Jan 2010 45.0000 call .NUEAI 4.70 10.18% 23.33%
Steel & Iron               Dividend   26-Aug-09 VALE 20.06 VALE Jan 2010 20.0000 call .RIOAD 2.20 10.52% 23.32%
Business Services   26-Aug-09 TTEC 17.45 TTEC Jan 2010 17.5000 call .QTCAW 1.85 10.09% 23.25%
Scientific & Technical Instruments   26-Aug-09 MIL 66.77 MIL Jan 2010 70.0000 call .MILAN 3.10 4.51% 23.21%
Independent Oil & Gas SP 26-Aug-09 OXY 74.16 OXY Jan 2010 75.0000 call .OXYAO 6.10 8.11% 23.02%
Telecom Services - Domestic         Dividend SP 26-Aug-09 CTL 32.48 CTL Jan 2010 35.0000 call .CTLAG 0.70 1.90% 22.99%
Processed & Packaged Goods   26-Aug-09 CPO 30.19 CPO Jan 2010 30.0000 call .CPOAF 3.20 10.30% 22.94%
Gold   26-Aug-09 NEM 39.88 NEM Jan 2010 40.0000 call .NEMAH 3.75 9.18% 22.93%
Gold      SP 26-Aug-09 NEM 39.88 NEM Jan 2010 40.0000 call .NEMAH 3.75 9.18% 22.93%
Asset Management SP 26-Aug-09 JNS 13.11 JNS Jan 2010 12.5000 call .JNSAV 2.10 15.31% 22.88%
Industrials SP 26-Aug-09 TXT 15.64 TXT Jan 2010 15.0000 call .TXYAC 2.35 14.43% 22.81%
Staffing & Outsourcing Services SP 26-Aug-09 PAYX 28.28 PAYX Jan 2010 30.0000 call .PQXAF 1.10 3.59% 22.75%
Apparel Stores                     Dividend SP 26-Aug-09 LTD 15.28 LTD Jan 2010 15.0000 call .LTDAC 1.95 12.17% 22.67%
Semiconductor - Specialized          Dividend SP 26-Aug-09 ALTR 19.28 ALTR Jan 2010 20.0000 call .LTQAD 1.30 6.29% 22.66%
Electric Utilities                     Dividend SP 26-Aug-09 FPL 56.48 FPL Jan 2010 60.0000 call .FPLAL 1.75 2.95% 22.59%
Telecommunications Services SP 26-Aug-09 S 3.79 S Jan 2010 4.0000 call .SAH 0.45 9.52% 22.58%
Utilities SP 26-Aug-09 STR 34.65 STR Jan 2010 35.0000 call .STRAG 3.00 8.40% 22.52%
Wireless Communications SP 26-Aug-09 PCS 8.00 PCS Feb 2010 7.5000 call .PCSBU 1.70 20.04% 22.51%
Semiconductor Equipment & Materials   26-Aug-09 VECO 22.05 VECO Jan 2010 20.0000 call .QVCAD 4.30 19.07% 22.50%
Aerospace/Defense Products & Services   26-Aug-09 TASR 4.85 TASR Jan 2010 5.0000 call .QURAA 0.60 10.52% 22.44%
Regional - Midwest Banks SP 26-Aug-09 FITB 10.74 FITB Jan 2010 10.0000 call .FTQAB 2.00 17.74% 22.40%
Money Center Banks SP 26-Aug-09 PNC 42.03 PNC Jan 2010 40.0000 call .PZHAH 6.00 14.06% 22.37%
Broadcasting - TV                 Dividend SP 26-Aug-09 CBS 10.88 CBS Jan 2010 10.0000 call .CBSAB 2.15 18.88% 22.35%
Marketing Services   26-Aug-09 LAMR 24.37 LAMR Jan 2010 22.5000 call .LJQAX 4.30 17.26% 22.27%
Asset Management                Dividend SP 26-Aug-09 IVZ 20.14 IVZ Jan 2010 20.0000 call .IVZAD 2.20 10.48% 22.20%
Steel & Iron   26-Aug-09 STLD 16.23 STLD Jan 2010 15.0000 call .RQLAC 2.95 17.59% 22.14%
Money Center Banks              Dividend SP 26-Aug-09 BK 28.82 BK Mar 2010 27.0000 call .BKCF 4.60 15.64% 21.97%
Business Software & Services SP 26-Aug-09 CTSH 35.00 CTSH Jan 2010 35.0000 call .UPUAG 3.30 9.17% 21.93%
Semiconductor Equipment & Materials   26-Aug-09 LRCX 30.67 LRCX Jan 2010 30.0000 call .LMQAF 3.60 11.44% 21.91%
Diversified Communication Services   26-Aug-09 RIMM 74.83 RIMM Jan 2010 70.0000 call .RFYAN 11.50 15.24% 21.89%
Diversified Communucation Services   26-Aug-09 RIMM 74.83 RIMM Jan 2010 70.0000 call .RFYAN 11.50 15.24% 21.89%
Asset Management SP 26-Aug-09 LM 28.92 LM Jan 2010 28.0000 call .LMAV 3.70 12.48% 21.89%
Specialty Retail SP 26-Aug-09 SPLS 21.97 SPLS Jan 2010 22.5000 call .PLQAX 1.65 7.11% 21.77%
Independent Oil & Gas SP 26-Aug-09 COG 36.68 COG Jan 2010 35.0000 call .COGAG 5.10 13.65% 21.77%
Independent Oil & Gas              SP 26-Aug-09 COG 36.68 COG Jan 2010 35.0000 call .COGAG 5.10 13.65% 21.77%
Financials SP 26-Aug-09 USB 22.11 USB Jan 2010 22.0000 call .USBAV 2.30 10.00% 21.74%
Independent Oil & Gas             Dividend SP 26-Aug-09 CHK 23.31 CHK Jan 2010 22.5000 call .CHKAQ 3.10 12.91% 21.73%
Accident & Health Insurance         Dividend SP 26-Aug-09 AFL 41.39 AFL Jan 2010 40.0000 call .AJOAN 5.20 12.34% 21.72%
Oil & Gas Pipelines       Dividend SP 26-Aug-09 WMB 17.27 WMB Jan 2010 17.5000 call .WMBAT 1.55 8.46% 21.71%
Oil & Gas Pipelines              Dividend SP 26-Aug-09 EP 9.80 EP Jan 2010 10.0000 call .EPAB 0.95 8.79% 21.65%
Lumber, Wood Products SP 26-Aug-09 LUK 25.63 LUK Jan 2010 25.0000 call .LUKAE 3.10 11.74% 21.58%
Lumber, Wood Production SP 26-Aug-09 LUK 25.63 LUK Jan 2010 25.0000 call .LUKAE 3.10 11.74% 21.58%
Business Services SP 26-Aug-09 CTAS 27.87 CTAS Feb 2010 30.0000 call .NQQBF 1.10 3.64% 21.54%
Business Services             Dividend SP 26-Aug-09 CTAS 27.87 CTAS Feb 2010 30.0000 call .NQQBF 1.10 3.64% 21.54%
Independent Oil & Gas SP 26-Aug-09 APA 85.74 APA Jan 2010 85.0000 call .APAAQ 8.20 9.46% 21.48%
Regional Airlines   26-Aug-09 ALK 26.66 ALK Jan 2010 25.0000 call .ALKAE 4.20 15.40% 21.42%
Farm Products   26-Aug-09 BG 67.21 BG Jan 2010 65.0000 call .BGWAM 8.10 11.92% 21.37%
Consumer Discretionary SP 26-Aug-09 RSH 15.26 RSH Jan 2010 15.0000 call .RSHAC 1.85 11.53% 21.35%
Financials SP 26-Aug-09 SPG 63.35 SPG Jan 2010 60.0000 call .SPGAL 8.90 13.90% 21.29%
Apparel Stores                    Dividend SP 26-Aug-09 GPS 19.84 GPS Jan 2010 20.0000 call .GPSAD 1.80 8.63% 21.24%
Drug Manufactures   26-Aug-09 VRTX 36.76 VRTX Jan 2010 35.0000 call .VQRAG 5.10 13.62% 21.16%
Personal Computor Systems SP 26-Aug-09 AAPL 167.41 AAPL Jan 2010 165.0000 call .APVAM 16.45 9.77% 21.15%
Regional - Midwest Banks SP 26-Aug-09 CMA 26.41 CMA Jan 2010 25.0000 call .CMAAE 3.90 14.42% 21.14%
Oil & Gas Equipment & Services SP 26-Aug-09 CAM 36.50 CAM Jan 2010 35.0000 call .CAMAG 4.80 12.90% 21.03%
Auto Parts Stores SP 26-Aug-09 ORLY 38.60 ORLY Feb 2010 40.0000 call .OQRBH 2.85 7.16% 21.02%
Semiconductor - Integrated Circuits SP 26-Aug-09 BRCM 27.81 BRCM Jan 2010 27.0000 call .RBFAA 3.40 11.90% 21.00%
Publishing - Newspapers     Dividend SP 26-Aug-09 GCI 8.67 GCI Jan 2010 7.5000 call .GCIAU 2.20 24.23% 20.91%
Property & Casualty Insurance SP 26-Aug-09 L 33.93 L Jan 2010 35.0000 call .LAG 2.00 5.64% 20.87%
REIT - Heaalthcare Facilities    Dividend SP 26-Aug-09 HCN 42.25 HCN Mar 2010 45.0000 call .HCNCI 2.50 5.71% 20.80%
Agricultural Chemicals SP 26-Aug-09 CF 82.71 CF Jan 2010 80.0000 call .CFAP 9.70 11.62% 20.80%
Drug Manufactures - Other SP 26-Aug-09 FRX 28.99 FRX Jan 2010 30.0000 call .FRXAF 1.65 5.39% 20.77%
Consumer Discretionary SP 26-Aug-09 SNI 33.51 SNI Mar 2010 35.0000 call .SNICG 2.70 7.79% 20.57%
Industrials SP 26-Aug-09 PWR 22.90 PWR Jan 2010 22.5000 call .PWRAX 2.55 10.74% 20.55%
Energy SP 26-Aug-09 SLB 56.58 SLB Jan 2010 55.0000 call .SLBAK 6.40 11.15% 20.50%
Diversified Investments SP 26-Aug-09 NDAQ 21.10 NDAQ Jan 2010 21.0000 call .NQDAM 2.10 9.53% 20.46%
Printed Circuit Boards SP 26-Aug-09 JBL 10.63 JBL Jan 2010 10.0000 call .JBLAB 1.80 16.05% 20.46%
Residential Construction SP 26-Aug-09 PHM 13.32 PHM Jan 2010 12.5000 call .PHMAV 2.20 15.81% 20.40%
Accident & Health Insurance         Dividend SP 26-Aug-09 AIZ 29.91 AIZ Jan 2010 30.0000 call .AIZAF 2.60 8.40% 20.39%
Gas Utilities SP 26-Aug-09 GAS 37.44 GAS Jan 2010 40.0000 call .GASAH 0.70 1.65% 20.22%
Shipping   26-Aug-09 DSX 13.20 DSX Jan 2010 12.5000 call .DSXAV 2.05 14.83% 20.00%
Diversified Computer Systems   Dividend SP 26-Aug-09 IGT 21.23 IGT Jan 2010 20.0000 call .IGTAD 3.20 14.64% 19.98%
Oil & Gas Drilling & Exploration SP 26-Aug-09 NBR 18.54 NBR Jan 2010 17.5000 call .NBRAT 2.80 14.60% 19.95%
Semiconductor - Specialized SP 26-Aug-09 XLNX 22.17 XLNX Jan 2010 22.5000 call .XLQAX 1.70 7.27% 19.83%
Financials SP 26-Aug-09 STT 53.47 STT Jan 2010 50.0000 call .SPJAJ 7.90 14.60% 19.81%
Diversified Communication Services   26-Aug-09 MICC 73.17 MICC Jan 2010 70.0000 call .CQDAN 9.10 12.31% 19.77%
Trucks & Other Vehicles   26-Aug-09 FRPT 5.42 FRPT Mar 2010 5.0000 call .QFZCA 1.35 23.09% 19.77%
Specialty Retailer   26-Aug-09 IACI 19.02 IACI Jan 2010 20.0000 call .QTHAD 0.80 3.76% 19.72%
Wireless Communications   26-Aug-09 IDCC 21.25 IDCC Jan 2010 20.0000 call .DAQAD 3.20 14.62% 19.71%
Financials SP 26-Aug-09 VNO 58.51 VNO Jan 2010 55.0000 call .VNOAK 8.30 14.03% 19.70%
Farm & Construction Machinery   Dividend SP 26-Aug-09 DE 45.13 DE Jan 2010 44.0000 call .DEAR 4.90 10.66% 19.70%
Farm Products   26-Aug-09 CALM 29.56 CALM Feb 2010 30.0000 call .QKMBF 2.70 8.83% 19.68%
Industrials SP 26-Aug-09 UNP 60.38 UNP Jan 2010 60.0000 call .UNPAL 5.30 8.63% 19.64%
Property & Casualty Insurance     Dividend SP 26-Aug-09 ALL 29.11 ALL Jan 2010 29.0000 call .AJRAC 2.65 8.80% 19.63%
Biotechnology SP 26-Aug-09 CELG 54.07 CELG Jan 2010 52.5000 call .LQHAT 6.00 10.93% 19.59%
Internet Information Providers SP 26-Aug-09 AKAM 18.10 AKAM Jan 2010 17.5000 call .UMUAW 2.30 12.20% 19.58%
REIT - Residential                    Dividend SP 26-Aug-09 AIV 12.46 AIV Mar 2010 12.5000 call .AIVCV 1.65 12.51% 19.50%
Reginal- Midwest Banks        Dividend SP 26-Aug-09 NTRS 59.86 NTRS Jan 2010 60.0000 call .NRQAL 4.70 7.70% 19.47%
Independent Oil & Gas SP 26-Aug-09 NBL 62.00 NBL Jan 2010 60.0000 call .NBLAL 7.00 11.14% 19.46%
Paper & Paper Products SP 26-Aug-09 IP 21.46 IP Jan 2010 20.0000 call .IPAD 3.40 15.41% 19.40%
Drug Manufacturers - Major SP 26-Aug-09 LLY 33.65 LLY Jan 2010 35.0000 call .LLYAG 1.50 4.20% 19.36%
Business Equipment       SP 26-Aug-09 XRX 8.72 XRX Jan 2010 9.0000 call .XRXAL 0.70 7.03% 19.32%
Farm & Construction Machinery SP 26-Aug-09 CAT 47.25 CAT Jan 2010 45.0000 call .CATAI 6.10 12.72% 19.25%
Independent Oil & Gas SP 26-Aug-09 DNR 15.59 DNR Mar 2010 15.0000 call .DNRCC 2.60 16.08% 19.25%
Semiconductor - Integrated Circuits   26-Aug-09 RFMD 5.00 RFMD Jan 2010 5.0000 call .RFZAA 0.70 12.18% 19.23%
Drugs Wholesale SP 26-Aug-09 CAH 34.00 CAH Jan 2010 35.0000 call .CAHAG 1.85 5.19% 19.16%
Industrial Electrical Equipment  Dividend SP 26-Aug-09 ETN 55.37 ETN Jan 2010 55.0000 call .ETNAK 4.80 8.51% 19.13%
Property & Casualty Insurance SP 26-Aug-09 HIG 22.96 HIG Jan 2010 20.0000 call .HIGAU 5.40 23.09% 19.03%
Oil & Gas Equipment & Services   Dividend SP 26-Aug-09 HAL 24.72 HAL Jan 2010 25.0000 call .HALAE 2.32 9.03% 19.02%
Farm & Construction Machinery   26-Aug-09 AGCO 31.83 AGCO Jan 2010 30.0000 call .AGAF 4.50 13.85% 19.01%
Internet Information Providers   26-Aug-09 NTES 42.82 NTES Jan 2010 40.0000 call .NGHAH 6.30 14.50% 19.01%
Meat Products                      Dividend SP 26-Aug-09 HRL 37.12 HRL Mar 2010 40.0000 call .HRLCH 1.40 3.54% 19.01%
Financials SP 26-Aug-09 TROW 45.99 TROW Jan 2010 45.0000 call .RQWAI 4.70 10.02% 18.99%
Credit Services SP 26-Aug-09 MCO 26.71 MCO Jan 2010 25.0000 call .MCOAE 4.00 14.63% 18.97%
Credit Services SP 26-Aug-09 MCO 26.71 MCO Jan 2010 25.0000 call .MCOAE 4.00 14.63% 18.97%
Processed & Packaged Goods    Dividend SP 26-Aug-09 K 47.21 K Jan 2010 50.0000 call .KAJ 1.00 1.94% 18.94%
Diversified Utilities                Dividend SP 26-Aug-09 AEE 27.46 AEE Mar 2010 30.0000 call .AEECF 0.70 2.24% 18.93%
Money Center Banks SP 26-Aug-09 JPM 43.30 JPM Jan 2010 42.0000 call .JPMAU 4.80 10.88% 18.92%
Drug Manufactures   26-Aug-09 SEPR 18.05 SEPR Jan 2010 17.5000 call .ERQAW 2.20 11.69% 18.92%
Lumber, Wood Production SP 26-Aug-09 WY 36.79 WY Jan 2010 35.0000 call .WYAG 4.80 12.80% 18.83%
Railroads                       Dividend SP 26-Aug-09 NSC 46.21 NSC Jan 2010 45.0000 call .NSCAI 4.90 10.41% 18.79%
Data Storage Devices SP 26-Aug-09 BRCD 7.48 BRCD Jan 2010 7.5000 call .BQBAU 0.85 10.17% 18.73%
Home Furnishings & Fistures   Dividend SP 26-Aug-09 LEG 18.89 LEG Mar 2010 20.0000 call .LEGCD 1.20 5.89% 18.73%
Trucks & Other Vehicles SP 26-Aug-09 PCAR 36.90 PCAR Jan 2010 35.0000 call .PAQAG 4.90 13.03% 18.70%
Trucks & Other Vehicles SP 26-Aug-09 PCAR 36.90 PCAR Jan 2010 35.0000 call .PAQAG 4.90 13.03% 18.70%
Property & Casualty Insurance    Dividend SP 26-Aug-09 CB 48.84 CB Jan 2010 50.0000 call .CBAJ 2.70 5.35% 18.68%
Restaurants   26-Aug-09 BWLD 41.63 BWLD Mar 2010 40.0000 call .BQUCH 6.30 14.91% 18.62%
Reginal Airlines   26-Aug-09 RYAAY 26.88 RYAAY Mar 2010 25.0000 call .QRXCE 5.00 18.25% 18.54%
Oil & Gas Refining & Marketing      SP 26-Aug-09 HES 52.79 HES Jan 2010 50.0000 call .IGGAJ 6.90 12.90% 18.50%
Internet Software & Services SP 26-Aug-09 CTXS 35.91 CTXS Jan 2010 35.0000 call .XSQAG 3.80 10.33% 18.43%
Drug Manufactures   26-Aug-09 ENDP 22.47 ENDP Jan 2010 22.5000 call .IUKAx 1.90 8.06% 18.42%
Communication Equipment SP 26-Aug-09 MOT 7.48 MOT Jan 2010 7.5000 call .MOTAU 0.84 10.03% 18.39%
Food - Major Diversified            Dividend SP 26-Aug-09 KFT 28.46 KFT Jan 2010 30.0000 call .KFTAF 0.80 2.51% 18.26%
Independent Oil & Gas   26-Aug-09 UPL 45.94 UPL Jan 2010 43.0000 call .UPLAT 6.50 13.95% 18.17%
Energy SP 26-Aug-09 RDC 21.37 RDC Jan 2010 20.0000 call .RDCAD 3.20 14.54% 18.16%
Asset Management           Dividend SP 26-Aug-09 PFG 28.10 PFG Jan 2010 25.0000 call .PFGAE 5.40 18.88% 18.13%
Financials SP 26-Aug-09 TMK 42.31 TMK Jan 2010 40.0000 call .TMKAH 5.60 13.02% 18.08%
Oil & Gas Refining and Marketing   26-Aug-09 SPN 18.48 SPN Jan 2010 17.5000 call .SPNAW 2.60 13.57% 18.06%
Industrials Metals & Minerals   26-Aug-09 TIE 8.06 TIE Jan 2010 7.5000 call .TIEAU 1.45 16.82% 18.03%
Restaurants   26-Aug-09 CAKE 18.81 CAKE Jan 2010 17.5000 call .CFQAW 2.95 15.19% 18.02%
Health Care SP 26-Aug-09 SGP 28.30 SGP Jan 2010 30.0000 call .SGPAF 0.60 1.82% 18.00%
Packaging & Containers SP 26-Aug-09 PTV 25.36 PTV Jan 2010 25.0000 call .PTVAE 2.45 9.31% 17.95%
Semiconductor Equipment & Materials   26-Aug-09 CREE 36.63 CREE Jan 2010 35.0000 call .CQRAG 4.50 12.04% 17.93%
Investment Brokerage - Regional   26-Aug-09 NITE 20.36 NITE Jan 2010 20.0000 call .QTNAD 2.10 9.88% 17.92%
Property & Casualty Insurance    SP 26-Aug-09 XL 16.90 XL Jan 2010 15.0000 call .XLAC 3.40 19.55% 17.92%
Security Software & Services SP 26-Aug-09 MFE 40.47 MFE Jan 2010 40.0000 call .MFEAH 3.60 8.68% 17.88%
Wireless Communications   26-Aug-09 CHL 50.76 CHL Jan 2010 50.0000 call .CJXAJ 4.60 8.89% 17.87%
Semiconductor - Specialized    Dividend SP 26-Aug-09 LLTC 26.77 LLTC Jan 2010 27.0000 call .LLQAH 1.95 6.96% 17.87%
Textile - Apparel Clothing SP 26-Aug-09 RL 68.17 RL Jan 2010 65.0000 call .RLAM 8.20 11.90% 17.82%
Personal Computer Systems SP 26-Aug-09 AAPL 167.41 AAPL Jan 2010 160.0000 call .APVAL 19.25 11.44% 17.76%
Business Services SP 26-Aug-09 IRM 30.01 IRM Jan 2010 30.0000 call .IRMAF 2.40 7.70% 17.75%
Investment Brokerage - National SP 26-Aug-09 GS 165.95 GS Jan 2010 160.0000 call .GPYAL 17.65 10.58% 17.70%
Diversified Investments SP 26-Aug-09 GS 165.95 GS Jan 2010 160.0000 call .GPYAL 17.65 10.58% 17.70%
Business Services              Dividend SP 26-Aug-09 RRD 18.13 RRD Jan 2010 17.5000 call .RRDAW 2.20 11.63% 17.70%
Investment Brokerage - National    Dividend SP 26-Aug-09 SCHW 17.85 SCHW Jan 2010 17.5000 call .SHQAW 1.90 10.14% 17.69%
Semiconductor - Broad Line   26-Aug-09 CY 10.41 CY Jan 2010 10.0000 call .CYAB 1.45 13.05% 17.68%
REIT - Industrial          Dividend SP 26-Aug-09 PLD 10.74 PLD Jan 2010 10.0000 call .PADAB 1.80 15.89% 17.62%
Biotechnology SP 26-Aug-09 LIFE 45.47 LIFE Jan 2010 45.0000 call .IUVAI 3.90 8.38% 17.62%
Business Services SP 26-Aug-09 MA 206.69 MA Jan 2010 200.0000 call .MALAT 21.10 10.17% 17.60%
REIT - Industrial          Dividend SP 26-Aug-09 PSA 70.80 PSA Mar 2010 70.0000 call .PSACN 8.10 11.31% 17.59%
Air Delivery & Freight Services SP 26-Aug-09 FDX 67.76 FDX Jan 2010 65.0000 call .FDXAM 7.70 11.23% 17.58%
Security Siftware & Services SP 26-Aug-09 NOVL 4.75 NOVL Jan 2010 5.0000 call .NKQAA 0.40 6.59% 17.55%
Electronics Wholesale            Dividend SP 26-Aug-09 GWW 88.93 GWW Jan 2010 90.0000 call .GWWAR 5.30 5.86% 17.55%
Industrials SP 26-Aug-09 UPS 54.01 UPS Jan 2010 55.0000 call .UPSAK 3.00 5.39% 17.51%
Financials SP 26-Aug-09 PRU 51.02 PRU Jan 2010 46.0000 call .PWQAV 8.80 17.06% 17.48%
Industrials SP 26-Aug-09 ROK 41.00 ROK Jan 2010 40.0000 call .ROKAH 4.10 9.78% 17.47%
Packaging & Containers          SP 26-Aug-09 BLL 49.62 BLL Jan 2010 50.0000 call .BLLAJ 3.30 6.48% 17.45%
Scientific & Technical Instruments   26-Aug-09 GRMN 31.84 GRMN Jan 2010 30.0000 call .GQRAF 4.30 13.22% 17.30%
Business Software & Services SP 26-Aug-09 FISV 49.46 FISV Jan 2010 50.0000 call .FQVAJ 3.10 6.09% 17.30%
Oil & Gas Refining and Marketing   26-Aug-09 FTO 13.38 FTO Jan 2010 12.5000 call .FTOAV 2.10 15.00% 17.23%
Electric Utilities                     Dividend SP 26-Aug-09 D 33.49 D Jan 2010 35.0000 call .DAG 1.05 2.88% 17.22%
Industrials SP 26-Aug-09 SRCL 49.97 SRCL Feb 2010 50.0000 call .URLBJ 3.60 7.03% 17.07%
Beverages - Wineries & Distillers SP 26-Aug-09 STZ 15.03 STZ Jan 2010 15.0000 call .STZAC 1.35 8.39% 17.06%
Biotechnology SP 26-Aug-09 GILD 46.23 GILD Jan 2010 46.0000 call .GDQAT 3.60 7.60% 17.00%
Semiconductor - Integrated Circuits   26-Aug-09 OVTI 13.30 OVTI Jan 2010 12.5000 call .UCMAV 2.00 14.34% 16.95%
Drug Manufacturers - Other SP 26-Aug-09 AGN 55.91 AGN Jan 2010 55.0000 call .AGNAK 4.90 8.61% 16.92%
Scientific & Technical Instruments SP 26-Aug-09 FLIR 22.97 FLIR Jan 2010 22.5000 call .FFQAX 2.30 9.62% 16.90%
Auto Parts Wholesale                  Dividend SP 26-Aug-09 GPC 37.93 GPC Feb 2010 40.0000 call .GPCBH 1.35 3.34% 16.87%
Health Care Plans   26-Aug-09 CNC 17.93 CNC Mar 2010 17.5000 call .CNCCW 2.45 13.15% 16.85%
Education & Training Services   26-Aug-09 CECO 24.29 CECO Jan 2010 23.0000 call .CUYAP 3.20 12.80% 16.83%
Computer Peripherals SP 26-Aug-09 LXK 18.61 LXK Jan 2010 17.5000 call .LXKAW 2.65 13.74% 16.83%
Aerospace/Defense Prod & Serv Dividend SP 26-Aug-09 LLL 74.34 LLL Jan 2010 75.0000 call .LLLAO 4.50 5.94% 16.79%
Cement   26-Aug-09 CX 13.17 CX Jan 2010 12.0000 call .CXAL 2.35 17.13% 16.73%
Electric Utilities                     Dividend SP 26-Aug-09 EIX 34.07 EIX Jan 2010 35.0000 call .EIXAG 1.60 4.44% 16.70%
Processed & Packaged Goods SP 26-Aug-09 MKC 32.50 MKC Mar 2010 35.0000 call .MKCCG 0.85 2.36% 16.60%
Medical Instruments & Supplies SP 26-Aug-09 XRAY 34.46 XRAY Jan 2010 35.0000 call .XEQAG 2.00 5.55% 16.59%
Aerospace/Defense Prod & Serv Dividend SP 26-Aug-09 GR 55.25 GR Feb 2010 55.0000 call .GRBK 5.00 8.89% 16.57%
Industrials SP 26-Aug-09 COL 44.99 COL Jan 2010 45.0000 call .COLAI 3.20 6.92% 16.55%
Residential Construction        Dividend SP 26-Aug-09 DHI 13.79 DHI Jan 2010 12.5000 call .DHIAV 2.50 17.44% 16.54%
Medical Appliances & Equipment   26-Aug-09 CYBX 15.67 CYBX Jan 2010 15.0000 call .QAJAC 2.00 12.18% 16.53%
Life Insurance      Dividend SP 26-Aug-09 MET 38.32 MET Jan 2010 35.0000 call .METAG 6.10 15.67% 16.53%
Drugs - Generic SP 26-Aug-09 WPI 35.08 WPI Jan 2010 35.0000 call .WPIAG 2.65 7.30% 16.51%
Electronic Stores                  Dividend SP 26-Aug-09 BBY 37.29 BBY Jan 2010 35.0000 call .BYYAG 5.00 13.16% 16.50%
Scientific & Technical Instruments SP 26-Aug-09 A 25.48 A Jan 2010 25.0000 call .AAE 2.43 9.19% 16.45%
Personal Computer Systems SP 26-Aug-09 DELL 14.67 DELL Jan 2010 14.0000 call .DLYAP 1.93 12.53% 16.43%
Business Software & Services     Dividend SP 26-Aug-09 ADP 38.62 ADP Jan 2010 40.0000 call .ADPAH 1.40 3.41% 16.40%
Biotechnology SP 26-Aug-09 AMGN 61.24 AMGN Jan 2010 60.0000 call .YAAAL 5.45 8.75% 16.38%
Discount Variety Stores SP 26-Aug-09 FDO 30.82 FDO Jan 2010 30.0000 call .FDOAF 3.10 9.77% 16.37%
Discount, Variety Stores         Dividend SP 26-Aug-09 FDO 30.82 FDO Jan 2010 30.0000 call .FDOAF 3.10 9.77% 16.37%
Communication Equipment       Dividend SP 26-Aug-09 HRS 35.24 HRS Jan 2010 35.0000 call .HRSAG 2.80 7.70% 16.36%
Information Technology Services SP 26-Aug-09 CSC 50.10 CSC Jan 2010 50.0000 call .CSCAJ 3.60 7.01% 16.36%
Internet Software & Services SP 26-Aug-09 VRSN 21.00 VRSN Jan 2010 20.0000 call .QVRAD 2.65 12.19% 16.27%
Consumer Discretionary SP 26-Aug-09 SHW 60.38 SHW Jan 2010 60.0000 call .SHWAL 4.50 7.31% 16.22%
REIT - Residential                    Dividend SP 26-Aug-09 AVB 64.82 AVB Jan 2010 60.0000 call .AVBAL 9.20 14.05% 16.15%
Consumer Staples SP 26-Aug-09 SVU 14.94 SVU Jan 2010 15.0000 call .SVUAC 1.20 7.45% 16.13%
Financials SP 26-Aug-09 SLM 8.87 SLM Jan 2010 7.5000 call .SLMAU 2.25 24.24% 16.10%
Major Integrated Oil & Gas     Dividend SP 26-Aug-09 COP 45.59 COP Jan 2010 45.0000 call .COPAI 3.75 8.03% 16.05%
Agricultural Chemicals SP 26-Aug-09 MON 83.98 MON Jan 2010 80.0000 call .MONAP 9.50 11.20% 15.97%
Textile - Apparel Footware & Accessories SP 26-Aug-09 NKE 55.45 NKE Jan 2010 55.0000 call .NKEAK 4.20 7.42% 15.94%
CATV Systems                 Dividend SP 26-Aug-09 CMCSA 15.14 CMCSA Jan 2010 15.0000 call .CCQAC 1.40 8.66% 15.92%
Aerospace/Defense Prod & Serv Dividend SP 26-Aug-09 LMT 74.58 LMT Jan 2010 75.0000 call .LMTAO 4.50 5.92% 15.91%
Electric Utilities               Dividend SP 26-Aug-09 PNW 33.37 PNW Jan 2010 35.0000 call .PNWAG 0.75 2.00% 15.89%
Apparel Stores   26-Aug-09 MW 25.33 MW Feb 2010 22.5000 call .MWBX 5.10 19.75% 15.87%
Internet Software & Services SP 26-Aug-09 SYMC 15.43 SYMC Jan 2010 15.0000 call .SYQAC 1.70 10.44% 15.79%
Drug Manufactures - Other SP 26-Aug-09 CEPH 56.80 CEPH Jan 2010 55.0000 call .CQEAK 5.60 9.70% 15.79%
Oil & Gas Refining and Marketing SP 26-Aug-09 ESV 38.15 ESV Jan 2010 35.0000 call .ESVAG 5.80 14.96% 15.73%
Discount, Variety Stores SP 26-Aug-09 BIG 26.37 BIG Jan 2010 25.0000 call .BIGAE 3.30 12.17% 15.70%
Oil & Gas Equipment & Services   26-Aug-09 ACGY 10.77 ACGY Jan 2010 10.0000 call .QLSAB 1.75 15.38% 15.66%
Oil & Gas Refining & Marketing SP 26-Aug-09 MUR 58.54 MUR Jan 2010 55.0000 call .MURAK 7.40 12.49% 15.59%
Diversified Computer Systems   Dividend SP 26-Aug-09 IBM 119.47 IBM Jan 2010 120.0000 call .IBMAD 7.00 5.79% 15.57%
Restaurants SP 26-Aug-09 YUM 35.03 YUM Jan 2010 35.0000 call .YUMAG 2.45 6.75% 15.43%
Drug Stores SP 26-Aug-09 MHS 55.75 MHS Jan 2010 55.0000 call .MHSAK 4.40 7.73% 15.40%
Health Care Plans SP 26-Aug-09 WLP 54.72 WLP Jan 2010 50.0000 call .WLPAJ 8.30 15.00% 15.35%
Home Improvement Stores        Dividend SP 26-Aug-09 LOW 21.59 LOW Jan 2010 21.0000 call .LOWAR 2.20 9.78% 15.35%
Chemicals - Major Diversified       Dividend SP 26-Aug-09 APD 75.61 APD Jan 2010 75.0000 call .APDAO 5.40 7.03% 15.25%
REIT - Diversified          Dividend SP 26-Aug-09 PCL 30.99 PCL Feb 2010 30.0000 call .PCLBF 3.60 11.32% 15.24%
Drug Manufacturers - Other SP 26-Aug-09 KG 10.41 KG Jan 2010 10.0000 call .KGAB 1.35 12.09% 15.22%
Drug Delivery SP 26-Aug-09 HSP 40.03 HSP Feb 2010 40.0000 call .HSPBH 3.30 8.02% 15.21%
Medical Appliances & Equipment   26-Aug-09 HOLX 16.22 HOLX Jan 2010 15.0000 call .QHXAC 2.50 14.84% 15.18%
Regional - Northeast Banks          Dividend SP 26-Aug-09 MTB 61.46 MTB Jan 2010 60.0000 call .MTBAL 5.40 8.64% 15.18%
Railroads SP 26-Aug-09 BNI 82.73 BNI Jan 2010 80.0000 call .BNIAP 7.90 9.44% 15.12%
Railroads SP 26-Aug-09 BNI 82.73 BNI Jan 2010 80.0000 call .BNIAP 7.90 9.44% 15.12%
Management Services SP 26-Aug-09 ESRX 72.63 ESRX Jan 2010 70.0000 call .XTQAN 7.20 9.79% 15.09%
Diversified Investments           Dividend SP 26-Aug-09 CME 276.26 CME Jan 2010 250.0000 call .CMEAQ 42.70 15.42% 15.06%
Diversified Investments         SP 26-Aug-09 NDAQ 21.10 NDAQ Jan 2010 20.0000 call .NQDAD 2.65 12.13% 14.97%
Oil & Gas Equipment & Services SP 26-Aug-09 FTI 48.47 FTI Jan 2010 45.0000 call .FTIAI 6.60 13.43% 14.94%
General Building Materials SP 26-Aug-09 FAST 36.56 FAST Jan 2010 35.0000 call .FQAAG 4.00 10.69% 14.93%
General Building Materials       Dividend SP 26-Aug-09 FAST 36.56 FAST Jan 2010 35.0000 call .FQAAG 4.00 10.69% 14.93%
Semiconductor - Specialized SP 26-Aug-09 LSI 5.08 LSI Jan 2010 5.0000 call .LSIAA 0.70 11.99% 14.92%
Gas Utilities                      Dividend SP 26-Aug-09 EQT 41.29 EQT Jan 2010 40.0000 call .EQTAH 4.00 9.47% 14.91%
Independent Oil & Gas SP 26-Aug-09 APA 85.74 APA Jan 2010 80.0000 call .APAAP 11.00 12.72% 14.86%
Application Software SP 26-Aug-09 ADBE 32.51 ADBE Jan 2011 35.0000 call .VAEAG 4.60 13.87% 14.80%
Department Stores                 SP 26-Aug-09 KSS 52.94 KSS Jan 2010 50.0000 call .KSSAJ 6.30 11.73% 14.80%
Biotechnology SP 26-Aug-09 GILD 46.23 GILD Jan 2010 45.0000 call .GDQAI 4.20 8.89% 14.77%
Auto Parts Stores SP 26-Aug-09 AZO 150.22 AZO Jan 2010 145.0000 call .AZOAI 14.10 9.33% 14.71%
Semiconductor - Memory Chips   26-Aug-09 NETL 43.88 NETL Jan 2010 40.0000 call .LKTAH 6.70 15.06% 14.68%
Communication Equipment SP 26-Aug-09 QCOM 47.53 QCOM Jan 2010 46.0000 call .AAOAA 4.55 9.39% 14.64%
Home Furnishings & Fixtures      Dividend SP 26-Aug-09 FO 41.05 FO Jan 2010 40.0000 call .FOAH 3.70 8.80% 14.62%
Home Furnishing Stores SP 26-Aug-09 BBBY 37.46 BBBY Jan 2010 35.0000 call .BHQAG 4.90 12.84% 14.57%
Diversified Utilities         Dividend SP 26-Aug-09 EXC 50.62 EXC Jan 2010 50.0000 call .EXCAJ 3.80 7.33% 14.56%
Gas Utilities   26-Aug-09 CLNE 10.91 CLNE Jan 2010 10.0000 call .QFMAB 1.85 16.10% 14.52%
Semiconductor Equipment & Materials SP 26-Aug-09 NVLS 18.96 NVLS Jan 2010 17.5000 call .NLQAW 2.85 14.54% 14.49%
Communication Equipment SP 26-Aug-09 DTV 24.93 DTV Jan 2010 25.0000 call .DTVAE 1.65 6.27% 14.44%
Diversified Machinery              Dividend SP 26-Aug-09 ITT 50.74 ITT Jan 2010 50.0000 call .ITTAJ 3.90 7.51% 14.42%
Electric Utilities               Dividend SP 26-Aug-09 PPL 29.48 PPL Jan 2010 30.0000 call .PPLAF 1.45 4.63% 14.40%
Synthetics                       Dividend SP 26-Aug-09 PX 77.37 PX Jan 2010 75.0000 call .PXAO 7.00 8.93% 14.37%
Diversified Machinery       Dividend SP 26-Aug-09 DOV 35.55 DOV Jan 2010 35.0000 call .DOVAG 2.85 7.77% 14.34%
Apparel Stores   26-Aug-09 ROST 46.27 ROST Feb 2010 45.0000 call .REQBI 4.80 10.18% 14.33%
Internet Information Providers SP 26-Aug-09 GOOG 468.00 GOOG Jan 2010 450.0000 call .GOPAJ 44.30 9.45% 14.33%
Health Care SP 26-Aug-09 DGX 55.31 DGX Jan 2010 55.0000 call .DGXAK 3.70 6.53% 14.30%
General Building Materials    Dividend SP 26-Aug-09 VMC 49.16 VMC Jan 2010 45.0000 call .VMCAI 7.20 14.46% 14.26%
Education & Training Services SP 26-Aug-09 DV 52.56 DV Feb 2010 50.0000 call .DVBJ 6.50 12.19% 14.23%
Diversified Investments        Dividend SP 26-Aug-09 NYX 28.79 NYX Jan 2010 27.0000 call .NYXAI 3.70 12.53% 14.21%
Personal Products                Dividend SP 26-Aug-09 EL 35.90 EL Jan 2010 35.0000 call .ELAG 3.20 8.67% 14.20%
Application Software SP 26-Aug-09 CPWR 7.37 CPWR Jan 2010 7.5000 call .CWQAU 0.60 6.96% 14.15%
Energy SP 26-Aug-09 RRC 50.23 RRC Jan 2010 45.0000 call .RRCAI 8.30 16.34% 14.11%
Major Integrated Oil & Gas        Dividend SP 26-Aug-09 CVX 71.09 CVX Jan 2010 70.0000 call .CVXAN 5.30 7.33% 14.11%
Medical Instruments & Supplies   Dividend SP 26-Aug-09 PKI 18.14 PKI Mar 2010 17.5000 call .PKICW 2.40 12.73% 14.10%
Semiconductor - Specialized SP 26-Aug-09 NVDA 13.82 NVDA Jan 2010 12.5000 call .UVAAS 2.40 16.68% 14.08%
Catelog & Mail Order Houses SP 26-Aug-09 AMZN 84.00 AMZN Jan 2010 75.0000 call .ZQNAO 13.90 16.44% 14.06%
Education & Training Services SP 26-Aug-09 APOL 66.30 APOL Jan 2010 60.0000 call .OAQAL 10.20 15.24% 13.92%
Consumer Staples SP 26-Aug-09 HSY 39.21 HSY Jan 2010 40.0000 call .HSYAH 1.65 3.99% 13.92%
Internet Information Providers SP 26-Aug-09 YHOO 14.93 YHOO Jan 2010 14.0000 call .YHQAP 2.06 13.18% 13.90%
Medical Laboratories & Research   26-Aug-09 PPDI 20.33 PPDI Jan 2010 20.0000 call .PJQAD 1.75 8.17% 13.89%
Scientific & Technical Instruments SP 26-Aug-09 WAT 52.17 WAT Jan 2010 50.0000 call .WATAJ 5.30 9.99% 13.88%
Publishing - Books SP 26-Aug-09 MHP 32.15 MHP Jan 2010 30.0000 call .MHPAF 4.20 12.78% 13.85%
Application Software SP 26-Aug-09 CA 22.85 CA Feb 2010 22.5000 call .CABX 2.20 9.24% 13.80%
Oil & Gas Equipment & Services    Dividend SP 26-Aug-09 BHI 38.34 BHI Jan 2010 35.0000 call .BHIAG 5.70 14.63% 13.70%
Oil & Gas Refining & Marketing     Dividend SP 26-Aug-09 MRO 31.79 MRO Jan 2010 30.0000 call .MROAF 3.80 11.67% 13.68%
Steel  EFT   26-Aug-09 SLX 47.54 SLX Mar 2010 45.0000 call .EZNCS 6.50 13.48% 13.65%
Application Software SP 26-Aug-09 BMC 35.65 BMC Jan 2010 35.0000 call .BMCAG 2.85 7.75% 13.57%
Energy SP 26-Aug-09 SE 19.26 SE Mar 2010 20.0000 call .SECD 1.05 5.01% 13.56%
Information Technology Services SP 26-Aug-09 ACS 45.49 ACS Jan 2010 45.0000 call .ACSAI 3.20 6.84% 13.53%
Consumer Discretionary SP 26-Aug-09 VIA 26.45 VIA Feb 2010 25.0000 call .VIABE 3.50 12.89% 13.48%
US Oil Fund   26-Aug-09 USO 36.95 USO Jan 2010 33.0000 call .UBOAG 6.20 16.52% 13.45%
Health Care SP 26-Aug-09 TMO 45.64 TMO Mar 2010 45.0000 call .TMOCI 4.40 9.45% 13.43%
Medical Instruments & Supplies   26-Aug-09 THOR 27.64 THOR Jan 2010 25.0000 call .TQUAE 4.40 15.58% 13.40%
Reginal - Mid-Atlantic Banks      Dividend SP 26-Aug-09 BBT 27.64 BBT Jan 2010 25.0000 call .BBTAE 4.40 15.58% 13.40%
Consumer Staples SP 26-Aug-09 SLE 9.77 SLE Jan 2010 10.0000 call .SLEAB 0.60 5.26% 13.32%
Auto Manufactures - Major   26-Aug-09 TM 86.91 TM Jan 2010 85.0000 call .TMAQ 6.70 7.61% 13.26%
Aerospace/Defense - Major Diversified SP 26-Aug-09 BA 47.82 BA Jan 2010 45.0000 call .BAAI 5.60 11.52% 13.25%
Conglomerates                   Dividend SP 26-Aug-09 MMM 71.42 MMM Jan 2010 70.0000 call .MMMAN 5.40 7.44% 13.21%
Industrial Equipment & Components   26-Aug-09 CRDN 19.48 CRDN Jan 2010 17.5000 call .AUEAW 3.30 16.46% 13.18%
Data Storage Devices SP 26-Aug-09 NTAP 22.24 NTAP Jan 2010 20.0000 call .NULAD 3.70 16.21% 13.17%
Scientific & Technical Instruments SP 26-Aug-09 MIL 66.77 MIL Jan 2010 65.0000 call .MILAM 5.50 8.11% 13.17%
Credit Services SP 26-Aug-09 DFS 14.01 DFS Jan 2010 12.5000 call .DFSAV 2.55 17.52% 13.16%
Specialty Chemicals SP 26-Aug-09 SIAL 50.89 SIAL Jan 2010 50.0000 call .IAQAJ 3.80 7.29% 13.11%
Materials SP 26-Aug-09 SIAL 50.89 SIAL Jan 2010 50.0000 call .IAQAJ 3.80 7.29% 13.11%
Metal Fabrication SP 26-Aug-09 PCP 86.77 PCP Jan 2010 80.0000 call .PCPAP 11.50 13.15% 13.11%
Oil & Gas Refining and Marketing SP 26-Aug-09 VLO 19.00 VLO Jan 2010 17.5000 call .VLBAR 2.79 14.20% 13.10%
Information Technology SP 26-Aug-09 TDC 26.72 TDC Jan 2010 25.0000 call .TDCAE 3.40 12.38% 13.09%
Drugs Wholesale SP 26-Aug-09 MCK 56.51 MCK Jan 2010 55.0000 call .MCKAK 4.70 8.16% 13.09%
Communication Equipment   26-Aug-09 ADTN 23.40 ADTN Feb 2010 22.5000 call .RQABX 2.70 11.15% 13.03%
Diagnostic Substances   26-Aug-09 QDEL 16.40 QDEL Dec 2009 15.0000 call .QWSLC 2.55 14.98% 12.98%
Semiconductor Equipment & Materials SP 26-Aug-09 KLAC 31.78 KLAC Jan 2010 29.0000 call .KCQAA 4.70 14.50% 12.95%
Oil & Gas Refining and Marketing SP 26-Aug-09 BJS 15.45 BJS Jan 2010 14.0000 call .BJSAQ 2.55 15.90% 12.94%
Semiconductors - Broad Line      Dividend SP 26-Aug-09 ADI 28.64 ADI Jan 2010 27.5000 call .ADIAY 2.90 9.81% 12.93%
Electric Utilities                     Dividend SP 26-Aug-09 FE 45.41 FE Jan 2010 45.0000 call .FEAI 3.00 6.41% 12.88%
Information Technology SP 26-Aug-09 TER 8.36 TER Jan 2010 7.5000 call .TERAU 1.60 18.00% 12.79%
Computer Peripherals   26-Aug-09 LOGI 18.27 LOGI Jan 2010 17.5000 call .LQGAW 2.00 10.46% 12.78%
Data Storage Devices SP 26-Aug-09 WDC 34.09 WDC Jan 2010 30.0000 call .WDCAF 6.10 17.62% 12.76%
Air Delevery & Freight Services   26-Aug-09 CHRW 57.35 CHRW Jan 2010 55.0000 call .CJQAK 5.50 9.43% 12.72%
Industrials SP 26-Aug-09 RHI 26.58 RHI Mar 2010 25.0000 call .RHICE 3.80 13.95% 12.72%
Air Delivery & Freight Services SP 26-Aug-09 CHRW 57.35 CHRW Jan 2010 55.0000 call .CJQAK 5.50 9.43% 12.72%
Information & Delivery Services   Dividend SP 26-Aug-09 DNB 73.85 DNB Feb 2010 75.0000 call .DNBBO 3.70 4.89% 12.68%
Ishares - Brazil   26-Aug-09 EWZ 60.22 EWZ Jan 2010 55.0000 call .EWZAK 8.50 13.96% 12.67%
Electric Utilities                     Dividend SP 26-Aug-09 ETR 81.00 ETR Jan 2010 80.0000 call .ETRAP 5.30 6.44% 12.67%
Waste Management      Dividend SP 26-Aug-09 WM 30.20 WM Jan 2010 30.0000 call .WMAF 2.00 6.33% 12.61%
Energy SP 26-Aug-09 SII 28.39 SII Jan 2010 25.0000 call .SIIAE 5.10 17.63% 12.59%
Specialized Health Services SP 26-Aug-09 DVA 52.04 DVA Jan 2010 50.0000 call .DVAAJ 4.90 9.24% 12.58%
REIT - Residential            Dividend SP 26-Aug-09 EQR 27.82 EQR Jan 2010 25.0000 call .EQRAE 4.50 15.84% 12.57%
Financials SP 26-Aug-09 RF 5.84 RF Jan 2010 5.0000 call .RFAA 1.45 23.14% 12.56%
Consumer Discretionary SP 26-Aug-09 TJX 36.60 TJX Jan 2010 35.0000 call .TJXAG 3.70 9.87% 12.52%
Business Services SP 26-Aug-09 FIS 25.06 FIS Jan 2010 25.0000 call .FISAE 1.60 6.04% 12.51%
Consumer Discretionary SP 26-Aug-09 TIF 33.66 TIF Jan 2010 30.0000 call .TIFAF 5.60 16.36% 12.38%
Major Integrated Oil & Gas     Dividend SP 26-Aug-09 XOM 71.37 XOM Jan 2010 70.0000 call .XOMAN 5.10 7.02% 12.32%
Cleaning Products                Dividend SP 26-Aug-09 CLX 59.26 CLX Jan 2010 60.0000 call .CLXAL 2.40 3.91% 12.26%
Application Software SP 26-Aug-09 MSFT 24.55 MSFT Jan 2010 24.0000 call .MSQAD 2.04 7.95% 12.25%
Food - Major Diversified            Dividend SP 26-Aug-09 HNZ 39.00 HNZ Jan 2010 40.0000 call .HNZAH 1.15 2.73% 12.08%
Technical & System Software   26-Aug-09 INFY 44.21 INFY Jan 2010 40.0000 call .IUNAH 6.60 14.72% 12.06%
Technical & System Software   26-Aug-09 INFY 44.21 INFY Jan 2010 40.0000 call .IUNAH 6.60 14.72% 12.06%
Dairy Products SP 26-Aug-09 DF 18.23 DF Jan 2010 17.5000 call .DFAW 1.90 9.93% 11.96%
Networking & Communication Devices   26-Aug-09 CSCO 21.93 CSCO Jan 2010 21.0000 call .CYQAZ 2.27 9.94% 11.94%
Data Storage Devices SP 26-Aug-09 EMC 15.68 EMC Jan 2010 15.0000 call .EMCAC 1.73 10.46% 11.93%
Technical Services SP 26-Aug-09 JEC 45.10 JEC Jan 2010 40.0000 call .JECAZ 7.50 16.42% 11.88%
Paper & Paper Products         Dividend SP 26-Aug-09 AVY 31.44 AVY Jan 2010 30.0000 call .AVYAF 3.20 9.89% 11.78%
Medical Laboratories & Research SP 26-Aug-09 LH 70.75 LH Jan 2010 70.0000 call .LHAN 4.30 5.96% 11.77%
Communication Equipment   26-Aug-09 GLW 16.05 GLW Jan 2010 15.0000 call .GLWAC 2.10 12.52% 11.66%
Communication Equipment        Dividend SP 26-Aug-09 GLW 16.05 GLW Jan 2010 15.0000 call .GLWAC 2.10 12.52% 11.66%
Movie Productions - Theaters   26-Aug-09 DWA 31.94 DWA Jan 2010 30.0000 call .DWAAF 3.70 11.30% 11.60%
Apparel Stores   26-Aug-09 URBN 28.88 URBN Jan 2010 25.0000 call .URQAE 5.50 18.71% 11.57%
Personal Services            Dividend SP 26-Aug-09 HRB 17.73 HRB Jan 2010 17.5000 call .HRBAW 1.35 7.12% 11.57%
Medical Appliances & Equipment SP 26-Aug-09 MDT 38.17 MDT Jan 2010 37.0000 call .JIWAB 3.20 8.15% 11.53%
Consumer Discretionary SP 26-Aug-09 SWK 42.22 SWK Jan 2010 40.0000 call .SWKAH 4.40 10.21% 11.34%
Credit Services   26-Aug-09 EZPW 13.40 EZPW Dec 2009 12.5000 call .ULPLS 1.70 12.01% 11.32%
Semiconductor - Integrated Circuits   26-Aug-09 MRVL 14.40 MRVL Jan 2010 12.5000 call .ULJAV 2.85 19.13% 11.20%
Conglomerates              SP 26-Aug-09 DHR 62.38 DHR Jan 2010 60.0000 call .DHRAL 5.40 8.51% 11.16%
Health Care SP 26-Aug-09 UNH 28.93 UNH Jan 2010 25.0000 call .UHBAE 5.50 18.68% 11.11%
Diversified Investments   26-Aug-09 CVA 18.05 CVA Jan 2010 17.5000 call .CVAAW 1.65 8.65% 11.08%
Biotechnology SP 26-Aug-09 GENZ 55.88 GENZ Jan 2010 50.0000 call .GZQAJ 8.60 15.22% 11.07%
Processed $ Packaged Goods    Dividend SP 26-Aug-09 GIS 59.62 GIS Jan 2010 60.0000 call .GISAL 2.50 4.05% 11.07%
Independent Oil & Gas   26-Aug-09 TLM 16.23 TLM Jan 2010 15.0000 call .TLMAC 2.25 13.30% 11.05%
Staffing & Outsourcing Services   26-Aug-09 ASF 24.72 ASF Jan 2010 22.5000 call .ASFAX 3.60 14.19% 11.02%
Semiconductor - Specialized SP 26-Aug-09 MCHP 26.45 MCHP Jan 2010 25.0000 call .QMTAE 2.90 10.62% 10.98%
CATV Systems   26-Aug-09 DISCA 26.84 DISCA Jan 2010 25.0000 call .UIOAE 3.30 11.96% 10.92%
Personal Services SP 26-Aug-09 WU 18.59 WU Jan 2010 17.5000 call .WUAW 2.20 11.35% 10.90%
Information Technology SP 26-Aug-09 CRM 52.87 CRM Jan 2010 45.0000 call .CRMAI 10.40 19.49% 10.77%
Cigarettes                      Dividend SP 26-Aug-09 PM 46.68 PM Jan 2010 46.0000 call .PFYAZ 2.95 6.13% 10.76%
Asset Management                 Dividend SP 26-Aug-09 FII 26.52 FII Jan 2010 25.0000 call .FIIAE 2.95 10.78% 10.76%
Semiconductor Equipment & Materials SP 26-Aug-09 AMAT 13.32 AMAT Jan 2010 12.5000 call .ANQAV 1.70 12.08% 10.75%
Semiconductor - Broad Line SP 26-Aug-09 NSM 15.15 NSM Jan 2011 15.0000 call .VSNAC 2.75 17.53% 10.66%
Medical Practitioners   26-Aug-09 LCAV 5.74 LCAV Jan 2010 5.0000 call .JVQAA 1.30 20.96% 10.56%
Diversified Communication Services  SP 26-Aug-09 AMT 32.45 AMT Jan 2010 30.0000 call .AMTAF 4.10 12.35% 10.54%
Diagnostic Substances   26-Aug-09 BLUD 18.19 BLUD Jan 2010 17.5000 call .QMQAW 2.25 11.87% 10.43%
Personal Products            Dividend SP 26-Aug-09 AVP 32.28 AVP Jan 2010 30.0000 call .AVPAF 3.90 11.80% 10.36%
Industrial Equipment & Components SP 26-Aug-09 PH 49.78 PH Jan 2010 45.0000 call .PHAI 7.10 14.08% 10.35%
Medical Instruments & Supplies      Dividend SP 26-Aug-09 BDX 69.83 BDX Mar 2010 70.0000 call .BDXCN 4.20 5.89% 10.34%
Chemicals - Major Diversified    Dividend SP 26-Aug-09 DD 32.38 DD Jan 2010 30.0000 call .DXTAF 4.00 12.07% 10.33%
Beverages - Brewers SP 26-Aug-09 TAP 46.33 TAP Jan 2010 45.0000 call .TAPAI 3.50 7.37% 10.28%
Conglomerates               Dividend SP 26-Aug-09 PPG 53.74 PPG Jan 2010 50.0000 call .PPGAJ 6.20 11.37% 10.26%
Beverages - Soft Drinks SP 26-Aug-09 DPS 26.94 DPS Feb 2010 25.0000 call .DPSBE 3.60 13.02% 10.25%
Electric Utilities               Dividend SP 26-Aug-09 PGN 39.70 PGN Jan 2010 40.0000 call .PGNAH 1.60 3.82% 10.24%
Diveresified Utilities               Dividend SP 26-Aug-09 NU 24.32 NU Jan 2010 25.0000 call .NUAE 0.60 2.12% 10.14%
Aerospace/Defense Products & Services SP 26-Aug-09 HON 37.12 HON Jan 2010 35.0000 call .HONAG 3.90 10.26% 10.12%
Energy SP 26-Aug-09 SUN 27.69 SUN Jan 2010 25.0000 call .SUNAE 4.10 14.47% 10.12%
Health Care SP 26-Aug-09 SYK 41.45 SYK Jan 2010 40.0000 call .SYKAH 3.40 7.99% 10.12%
Biotechnology SP 26-Aug-09 BIIB 49.92 BIIB Jan 2010 45.0000 call .IDKAI 7.20 14.24% 10.11%
Medical Instuments & Supplies    Dividend SP 26-Aug-09 BAX 56.85 BAX Jan 2010 55.0000 call .BAXAK 4.40 7.59% 10.11%
Energy SP 26-Aug-09 TSO 14.04 TSO Jan 2010 12.5000 call .TSOAV 2.40 16.42% 9.84%
Industrials SP 26-Aug-09 RSG 25.84 RSG Jan 2010 25.0000 call .RSGAE 2.15 7.98% 9.84%
CATV Systems   26-Aug-09 VMED 11.44 VMED Jan 2010 10.0000 call .NUDAB 2.20 18.40% 9.82%
Restaurants        Dividend SP 26-Aug-09 DRI 33.79 DRI Jan 2010 30.0000 call .DRIAF 5.40 15.70% 9.82%
Property & Casualty Insurance    Dividend SP 26-Aug-09 CINF 25.24 CINF Mar 2010 25.0000 call .QXICE 1.95 7.38% 9.79%
Electric Utilities               Dividend SP 26-Aug-09 POM 14.54 POM Feb 2010 15.0000 call .POMBC 0.55 3.20% 9.74%
Diversified Machinery              Dividend SP 26-Aug-09 ITW 42.28 ITW Jan 2010 40.0000 call .ITWAH 4.20 9.72% 9.74%
Industrial Equipment & Components SP 26-Aug-09 EMR 37.56 EMR Jan 2010 35.0000 call .EMRAG 4.30 11.21% 9.73%
Medical Appliances & Equipment    SP 26-Aug-09 ZMH 48.55 ZMH Jan 2010 45.0000 call .ZMHAI 5.70 11.55% 9.71%
Diversified Machinery     Dividend SP 26-Aug-09 PLL 30.90 PLL Mar 2010 30.0000 call .PLLCF 2.90 9.10% 9.68%
Financials SP 26-Aug-09 UNM 22.63 UNM Jan 2010 20.0000 call .UNMAD 3.80 16.38% 9.64%
Communication Equipment   26-Aug-09 NTGR 16.75 NTGR Jan 2010 15.0000 call .TUDAC 2.70 15.56% 9.63%
Drugs Wholesale                        Dividend SP 26-Aug-09 ABC 20.90 ABC Jan 2010 20.0000 call .ABCAD 2.00 9.14% 9.58%
Drug Manufacturers - Major        Dividend SP 26-Aug-09 ABT 46.07 ABT Jan 2010 45.0000 call .ABTAI 3.10 6.54% 9.56%
Discount Variety Stores   26-Aug-09 COST 50.23 COST Jan 2010 47.5000 call .PRQAW 4.90 9.58% 9.49%
Discount, Variety Stores         Dividend SP 26-Aug-09 COST 50.23 COST Jan 2010 47.5000 call .PRQAW 4.90 9.58% 9.49%
Biotechnology   26-Aug-09 OSIP 34.03 OSIP Jan 2010 30.0000 call .GHUAF 5.60 16.18% 9.45%
Consumer Discretionary SP 26-Aug-09 SNA 38.16 SNA Mar 2010 35.0000 call .SNACG 5.50 14.17% 9.43%
Medical Appliances & Equipment   26-Aug-09 KCI 33.07 KCI Jan 2010 30.0000 call .KCIAF 4.60 13.63% 9.41%
Diagnostic Substances   26-Aug-09 VIVO 24.00 VIVO Jan 2010 22.5000 call .ZUGAX 2.70 10.87% 9.41%
Consumer Discretionary SP 26-Aug-09 VFC 68.95 VFC Feb 2010 65.0000 call .VFCBM 7.40 10.60% 9.38%
Financials SP 26-Aug-09 VTR 38.53 VTR Feb 2010 35.0000 call .VTRBG 5.60 14.29% 9.37%
Diversified Electronics SP 26-Aug-09 MOLX 18.49 MOLX Feb 2010 17.5000 call .OXQBW 2.15 11.14% 9.34%
Entertainment - Diversified     Dividend SP 26-Aug-09 DIS 27.00 DIS Jan 2010 25.0000 call .DISAE 3.30 11.89% 9.33%
Electric Utilities                     Dividend SP 26-Aug-09 CEG 31.49 CEG Jan 2010 30.0000 call .CEYAF 2.95 9.09% 9.31%
Grocery Stores   26-Aug-09 WFMI 29.52 WFMI Jan 2010 25.0000 call .FMQAE 5.90 19.66% 9.23%
Electric Utilities                   Dividend SP 26-Aug-09 AYE 25.95 AYE Jan 2010 25.0000 call .AYEAE 2.20 8.14% 9.21%
Toys & Games SP 26-Aug-09 MAT 18.28 MAT Jan 2010 17.5000 call .MATAW 1.75 9.09% 9.11%
Insurance Brokers SP 26-Aug-09 MMC 23.40 MMC Jan 2010 22.5000 call .MMCAX 2.05 8.38% 9.11%
Regional - Southest Banks SP 26-Aug-09 FHN 13.58 FHN Feb 2010 12.5000 call .FHNBV 2.00 14.05% 9.06%
Drug Stores SP 26-Aug-09 CVS 36.98 CVS Jan 2010 35.0000 call .CVSAG 3.60 9.49% 9.04%
Beverages - Soft Drinks          Dividend  SP 26-Aug-09 CCE 20.76 CCE Jan 2010 20.0000 call .CCEAD 1.80 8.25% 8.90%