April 12 Options

These covered call options were sold on 3/18.  After the option expiration date, we will review this.

		Date 4/21/12							April Options		Value of
Ticker	Buy back price	Purchase Price	Price	P-PP=Buy	Buy Back	# of Shares	Contracts	Strike	Bid P/S (3/18)	Option Value	Stocks owned
AFL	42.22	$43.26	$41.62	buy	04/10/12	11,842				$0.00	$492,864.04
BDX		$74.72	$76.43	$1.71		0				$0.00	$0.00
BBBY		$57.97	$68.56	$10.59			0			$0.00	$0.00
DF		$11.20	$12.01	$0.81		0				$0.00	$0.00
F		$10.76	$11.41			46,468	465	$13	$0.22	$10,223.05	$530,204.46
GE		$17.91	$19.36	$1.45		0				$0.00	$0.00
HCP		$41.43	$39.60			12,069				$0.00	$477,914.55
INTC		$24.25	$27.60	$3.35		0				$0.00	$0.00
ITW		$46.71	$55.79	$9.08		0				$0.00	$0.00
KKR		$12.83	$14.09	$1.26		0				$0.00	$0.00
KO		$69.97	$74.13	$4.16						$0.00	$0.00
LUK		$22.74	$24.41	$1.67		0				$0.00	$0.00
MKC		$50.42	$55.41			9,917			NA		$549,484.33
MO		$29.65	$31.89	$2.24						$0.00	$0.00
NICK		$12.82	$13.06			39,002			NA		$509,360.37
ORCL		$25.65	$28.88	$3.23		0				$0.00	$0.00
PG		$66.71	$67.51	$0.80		7,495	75	$68	$0.75	$5,621.35	$505,996.10
RAVN		$61.90	$59.01	buy		8,078			NA		$476,655.90
RLI		$72.86	$67.95	buy		6,862	69			$0.00	$466,305.24
SYK		$49.71	$53.93	$4.22		10,058	101	$55	$1.15	$11,567.09	$542,446.19
Notes										$27,411.48	$4,551,231.19
NA – options not available
Cash For Investing			$5,500,000.00
Cash Res. (Profit + CC)			$465,284.72
Mar Options			$33,234.73
Mar Stock Sale			$85,639.21
April Options			$27,411.48
Tot Cash Reserve			$611,570.14
Unrealized Gain			$51,231.19
Lost Opportunity			$662,801.33				6744.907594766
Percent of Gain			6.63%