Sept Options

				08/19/12							Sept Options		Value of
		Ticker	Buy back price	Purchase Price	Price	P-PP=Buy	Buy Back	# of Shares	Contracts	Strike	Bid P/S (8/18)	Option Value	Stocks owned
		AFL	43.28	$43.26	$46.12	$2.86	0	0		$	$0.00	$0.00	$0.00
		BDX	74.29	$74.72	$76.55	$1.83	0	0	0	$	$0.00	$0.00	$0.00
		BBBY	61.2	$57.97	$66.56	$8.59	0	0	0	$.00	$0.00	$0.00	$0.00
	``	DF		$11.20	$16.31	$5.11		0				$0.00	$0.00
		F		$10.76	$9.63			46,468	0	$	$0.00	$0.00	$447,490.71
		GE		$17.91	$21.00	$3.09		0				$0.00	$0.00
		HCP		$41.43	$44.99							$0.00	$0.00
		INTC		$24.25	$26.33	$2.08		0				$0.00	$0.00
		ITW		$46.71	$60.00	$13.29		0				$0.00	$0.00
		KKR	12.39	$12.83	$14.51	$1.68	05/15/12	0	0	$	$0.00	$0.00	$0.00
08/13/12 Split 2:1		KO		$34.99	$39.53	$4.54						$0.00	$0.00
		LUK	21.99	$22.74	$22.52	buy	0	0	0	$.00	$0.00	$0.00	$0.00
		MKC		$50.42	$60.12			9,917			NA		$596,191.99
		MO		$29.65	$35.41	$5.76						$0.00	$0.00
		NICK		$12.82	$13.70			39,002			NA		$534,321.37
		ORCL		$25.65	$32.20	$6.55		0				$0.00	$0.00
		PG		$66.71	$67.00	$0.29		0	0	$	$0.00	$0.00	$0.00
07/25/12	Split 2:1	RAVN		$30.95	$33.08	$2.13		16,155	0	$35	$1.75	$0.00	$534,410.34
		RLI		$72.86	$64.40	buy		6,862				$0.00	$441,943.45
		SYK		$49.71	$54.36	$4.65						$0.00	$0.00
		Notes										$0.00	$2,554,357.86
		NA – options not available
		Cash For Investing			$7,500,000.00
		Cash Res. (Profit + CC)			$465,284.72
		Mar Options			$33,234.73
		Mar Stock Sale			$85,639.21
		April Options			$27,411.48
		April Stock Sale			$0.00
		May Option Sale			$20,040.00
		May Stock Sale			$0.00
		June Option Sale			$31,634.00
		June Stock Sale			$10,805.00
		July Option Sale			$37,274.00
		BBBY option Sale		06/22/12	$9,966.00
		July Stock Sale			$33,819.76	(AFL,KKR)
		August Option Sale			$56,074.28
		August Stock Sale			$22,476.00	(AFL,BDX,BBBY,LUK,PG)
		Sept Options			$0.00
		Tot Cash Reserve			$833,659.18
		Unrealized Gain			$54,357.86
		Gross profit			$888,017.04				12648.6213002783
		Percent of Gain			8.88%