Buy 400 shares of SL GREEN REALTY CORP (SLG) at $10.37  (closing last trade price) and sell 4 call  Out-of-the-Money contracts of SLG DV (Apr$12.50) at $0.85 (closing bid price) expiring on 4/18/2009. Cost is $4,168, and income from sale of the calls is $324 and includes your commissions.  Annualized return if called is 349%.

Comments:

Called on April 18 at $12.50.  Final value including sale of all calls is $5,304, up 27.3%.

Buy 200 shares of AFLAC INC (AFL) at $18.38  (closing last trade price) and sell 2 call  Out-of-the-Money contracts of AFL DX (Apr$22.50) at $0.95 (closing bid price) expiring on 4/18/2009. Cost is $3,696, and income from sale of the calls is $177 and includes your commissions.  Annualized return if called is 334%.

Comments:

Called on April 18 at $22.50.  Final value including sale of all calls is $4,657, up 26.0%.

Buy 100 shares of VORNADO REALTY TRUST (VNO) at $32.23  (closing last trade price) and sell 1 call  Out-of-the-Money contracts of VNO DH (Apr$40.00) at $0.80 (closing bid price) expiring on 4/18/2009. Cost is $3,243, and income from sale of the calls is $69 and includes your commissions.  Annualized return if called is 321%.

Comments:

Called on April 18 at $40.00.  Final value including sale of all calls is $4,049, up 24.8%.

Buy 700 shares of PRINCIPAL FINANCIAL GRP (PFG) at $7.00  (closing last trade price) and sell 7 call  Out-of-the-Money contracts of PFG DU (Apr$7.50) at $1.15 (closing bid price) expiring on 4/18/2009. Cost is $4,920, and income from sale of the calls is $785 and includes your commissions.  Annualized return if called is 285%.

Comments:

Called on April 18 at $7.50.  Final value including sale of all calls is $6,014, up 22.2%.

Buy 200 shares of BB&T CORP (BBT) at $17.35  (closing last trade price) and sell 2 call  Out-of-the-Money contracts of BBT DD (Apr$20.00) at $0.70 (closing bid price) expiring on 4/18/2009. Cost is $3,490, and income from sale of the calls is $127 and includes your commissions.  Annualized return if called is 230%.

Comments:

Called on April 18 at $20.00.  Final value including sale of all calls is $4,107, up 17.7%.

Buy 200 shares of COMERICA INC (CMA) at $17.86  (closing last trade price) and sell 2 call  Out-of-the-Money contracts of CMA DD (Apr$20.00) at $1.25 (closing bid price) expiring on 4/18/2009. Cost is $3,592, and income from sale of the calls is $237 and includes your commissions.  Annualized return if called is 226%.

Comments:

Called on April 18 at $20.00.  Final value including sale of all calls is $4,217, up 14.4%.

Buy 300 shares of US BANCORP (USB) at $13.42  (closing last trade price) and sell 3 call  Out-of-the-Money contracts of USB DC (Apr$15.00) at $0.90 (closing bid price) expiring on 4/18/2009. Cost is $4,046, and income from sale of the calls is $256 and includes your commissions.  Annualized return if called is 221%.

Comments:

Called on April 18 at $15.00.  Final value including sale of all calls is $4,736, up 17.0%.

Buy 200 shares of AFLAC INC (AFL) at $18.38  (closing last trade price) and sell 2 call  Out-of-the-Money contracts of AFL DD (Apr$20.00) at $1.75 (closing bid price) expiring on 4/18/2009. Cost is $3,696, and income from sale of the calls is $337 and includes your commissions.  Annualized return if called is 218%.

Comments:

Called on April 18 at $20.00.  Final value including sale of all calls is $4,317, up 16.8%.

Buy 200 shares of RAYMOND JAMES FINANCIAL (RJF) at $17.50  (closing last trade price) and sell 2 call  Out-of-the-Money contracts of RJF DD (Apr$20.00) at $0.65 (closing bid price) expiring on 4/18/2009. Cost is $3,520, and income from sale of the calls is $117 and includes your commissions.  Annualized return if called is 213%.

Comments:

Not called on April 18.  Sold all shares at $16.28 to close out position on April 18. Final value including sale of all calls is $3,373, down (4.2%)

Buy 100 shares of TERRA INDUSTRIES INC (TRA) at $26.60  (closing last trade price) and sell 1 call  Out-of-the-Money contracts of TRA DF (Apr$30.00) at $0.90 (closing bid price) expiring on 4/18/2009. Cost is $2,680, and income from sale of the calls is $79 and includes your commissions.  Annualized return if called is 187%.

Comments:

Not called on April 18.  Sold all shares at $28.19 to close out position on April 18. Final value including sale of all calls is $2,899, up 8.1%

Buy 300 shares of NEXEN INC (NXY) at $15.63  (closing last trade price) and sell 3 call  Out-of-the-Money contracts of NXY DW (Apr$17.50) at $0.50 (closing bid price) expiring on 4/18/2009. Cost is $4,709, and income from sale of the calls is $136 and includes your commissions.  Annualized return if called is 181%.

Comments:

Called on April 18 at $17.50.  Final value including sale of all calls is $5,366, up 13.9%.

Buy 200 shares of TIFFANY & CO (TIF) at $20.23  (closing last trade price) and sell 2 call  Out-of-the-Money contracts of TIF DX (Apr$22.50) at $0.80 (closing bid price) expiring on 4/18/2009. Cost is $4,066, and income from sale of the calls is $147 and includes your commissions.  Annualized return if called is 180%.

Comments:

Called on April 18 at $22.50.  Final value including sale of all calls is $4,627, up 13.8%.

Buy 100 shares of BAKER HUGHES INC (BHI) at $31.03  (closing last trade price) and sell 1 call  Out-of-the-Money contracts of BHI DG (Apr$35.00) at $0.80 (closing bid price) expiring on 4/18/2009. Cost is $3,123, and income from sale of the calls is $69 and includes your commissions.  Annualized return if called is 180%.

Comments:

Not called on April 18.  Sold all shares at $33.24 to close out position on April 18. Final value including sale of all calls is $3,393, up 8.6%

Buy 300 shares of ROWAN COMPANIES INC (RDC) at $13.47  (closing last trade price) and sell 3 call  Out-of-the-Money contracts of RDC DC (Apr$15.00) at $0.50 (closing bid price) expiring on 4/18/2009. Cost is $4,061, and income from sale of the calls is $136 and includes your commissions.  Annualized return if called is 178%.

Comments:

Called on April 18 at $15.00.  Final value including sale of all calls is $4,616, up 13.7%.

Buy 200 shares of ROCKWELL AUTOMATION (ROK) at $22.42  (closing last trade price) and sell 2 call  Out-of-the-Money contracts of ROK DE (Apr$25.00) at $0.60 (closing bid price) expiring on 4/18/2009. Cost is $4,504, and income from sale of the calls is $107 and includes your commissions.  Annualized return if called is 169%.

Comments:

Called on April 18 at $25.00.  Final value including sale of all calls is $5,087, up 12.9%.

Buy 100 shares of SUNOCO INC (SUN) at $26.87  (closing last trade price) and sell 1 call  Out-of-the-Money contracts of SUN DF (Apr$30.00) at $0.80 (closing bid price) expiring on 4/18/2009. Cost is $2,707, and income from sale of the calls is $69 and includes your commissions.  Annualized return if called is 168%.

Comments:

Not called on April 18.  Sold all shares at $28.15 to close out position on April 18. Final value including sale of all calls is $2,884, up 6.5%

Buy 400 shares of STARWOOD HTLS & RSRTS WW (HOT) at $11.64  (closing last trade price) and sell 4 call  Out-of-the-Money contracts of HOT DV (Apr$12.50) at $0.70 (closing bid price) expiring on 4/18/2009. Cost is $4,676, and income from sale of the calls is $264 and includes your commissions.  Annualized return if called is 158%.

Comments:

Called on April 18 at $12.50.  Final value including sale of all calls is $5,244, up 12.2%.

Buy 100 shares of HONEYWELL INTERNATIONAL (HON) at $26.95  (closing last trade price) and sell 1 call  Out-of-the-Money contracts of HON DF (Apr$30.00) at $0.50 (closing bid price) expiring on 4/18/2009. Cost is $2,715, and income from sale of the calls is $39 and includes your commissions.  Annualized return if called is 150%.

Comments:

Called on April 18 at $30.00.  Final value including sale of all calls is $3,019, up 11.2%.

Buy 200 shares of HELMERICH & PAYNE INC (HP) at $22.95  (closing last trade price) and sell 2 call  Out-of-the-Money contracts of HP DE (Apr$25.00) at $0.85 (closing bid price) expiring on 4/18/2009. Cost is $4,610, and income from sale of the calls is $157 and includes your commissions.  Annualized return if called is 149%.

Comments:

Called on April 18 at $25.00.  Final value including sale of all calls is $5,137, up 11.4%.

Buy 200 shares of ADOBE SYSTEMS INC (ADBE) at $20.46  (closing last trade price) and sell 2 call  Out-of-the-Money contracts of AEQ DX (Apr$22.50) at $0.55 (closing bid price) expiring on 4/18/2009. Cost is $4,112, and income from sale of the calls is $97 and includes your commissions.  Annualized return if called is 148%.

Comments:

Called on April 18 at $22.50.  Final value including sale of all calls is $4,577, up 11.3%.

Income from sale of calls is +$3,726

Cost of these ten (20) stocks is $76,333 . At April 18, 2009 (expiration weekend), this list value is $87,620, up 14.8%. The DOW was up 11.7% for the period this list was open.