Momentum Options Trading Open Closed Trades 2011 as of 1/1/2012

Date
Opened

Company/
Option Symbol

Price
Adjustment

Total
Cost

Date
Closed

Current
Price

Total
Cost

$ Gain/
Loss

%
Return

9/13/2010

Dendreon 100 shares @ $41.96

Sold October 45 call (DNDN101016C00045000) @ $1.30 on 9/13/10
Sold December 40 call (DNDN101218C00040000) @ $1.75 on 11/11/10
Sold February 39 call (DNDN110219C00039000) @ $1.50 on 12/20/10
Sold May 43 call (DNDN110521C00043000) @ $0.80 on 4/11/11

100 shares
@ $36.61

$3,661

6/6/2011 - Stop of $40 hit

100 shares
@ $40.00

$4,000

$339

9%

12/6/2010

Patriot Coal 100 shares @ $17.80

Sold January 19 call (PCX110122C00019000) @ $0.95 on 12/6/10

100 shares
@ $16.85

$1,685

1/22/2011 stock at $23.18

called away at $19

100 shares
@ $19.00

$1,900

$215

13%

12/27/2010

Seattle Genetics 100 shares @ $15.50

Sold March 17.50 call (SGEN110319C00017500) @ $0.90 on 12/27/10
Sold June 17.50 call (SGEN110618C00017500) @ $0.75 on 4/4/11

100 shares
@ $13.85

$1,385

6/18/2011 stock at $19.50

called away at $17.50

100 shares
@ $17.50

$1,750

$365

26%

2/7/2011

Spreadtrum Communications 100 shares @ $23.43

Sold March 24 call (SPRD110319C00024000) @ $0.95 on 2/7/11
Sold May 22.50 call (SPRD110521C00022500) @ $1.00 on 4/11/11
Dividend of $0.05 paid on 7/7/11
Sold November 25 call (SPRD111119C00025000) @ $1.00 on 9/15/2011
Dividend of $0.06 paid on 10/4/11

100 shares
@ $20.38

$2,038

11/18/2011 stock at $27.21

called away at $25

100 shares
@ $25.00

$2,500

$462

23%

3/14/2011

TiVo 100 shares @ $8.80

Sold April 10 call (TIVO110416C00010000) @ $0.90 on 3/14/11
Sold May 10 call (TIVO110521C00010000) @ $0.84 on 4/18/11

100 shares
@ $7.06

$706

5/23/2011 closed at $9.47

100 shares
@ $9.47

$947

$241

34%

3/17/2011

Cisco Systems 100 shares @ $17.14

Sold May 18 call (CSCO110521C00018000) @ $0.56 on 3/17/11
Dividend of $0.06 paid on 7/5/11
Sold August 17 call (CSCO110820C00017000) @ $0.30 on 7/22/11
Sold November 17 call (CSCO111119C00017000) @0.65 on 9/9/11
Dividend of $0.06 paid on 10/4/11

100 shares
@ $15.51

$1,551

11/18/2011 stock at $18.42

called away at $17

100 shares
@ $17.00

$1,700

$149

10%

4/19/2011

Rediff.com India 100 shares @ $10.28

Sold May 10 call (REDF110521C00010000) @ $1.25 on 4/19/2011

100 shares
@ $9.03

$903

5/21/2011 stock at $11.11

called away at $10

100 shares
@ $10.00

$1,000

$97

11%

5/11/2011

Vivus 100 shares @ $7.93

Sold June 8 call (VVUS110618C00008000) @ $0.50 on 5/11/2011
Sold August 9 call (VVUS110820C00009000) @ $0.30 on 7/1/2011

100 shares
@ $7.13

$713

9/7/2011

100 shares
@ $8.38

$838

$125

18%

6/8/2011

Symantec 100 shares @ $18.77

Sold July 19 call (SYMC110716C00019000) @ $0.60 on 6/8/2011
Sold August 20 call (SYMC110820C00020000) @ $0.35 on 7/18/2011
Sold October 18 call (SYMC111022C00018000) @0.45 on 9/15/2011

100 shares
@ $17.37

$1,737

10/21/2011 stock at $18.42

called away at $18

100 shares
@ $18.00

$1,800

$63

4%

6/23/2011

Patriot Coal 100 shares @ $20.60

Sold July 21 call (PCX110716C00021000) @ $0.95 on 6/23/2011

100 shares
@ $19.65

$1,965

7/16/2011 stock at $23.48

called away at $21

100 shares
@ $21.00

$2,100

$135

7%

7/22/2011

Rambus 100 shares @ $15.60

Sold September 17 call (RMBS110917C00017000) @ $0.65 on 7/22/2011
Sold October 15 call (RMBS111022C00015000) @ $2.00 on 9/20/2011

100 shares
@ $12.95

$1,295

10/21/2011 stock at $16.69

called away at $15

100 shares
@ $15.00

$1,500

$205

16%

8/12/2011

General Electric 100 shares @ $15.98

Sold September 16 call (GE110917C00016000) @ $0.75 on 8/12/2011

100 shares
@ $15.23

$1,523

9/17/2011 stock at $16.33

called away at $16

100 shares
@ $16.00

$1,600

$77

5%

8/12/2011

Clean Energy Fuels 100 shares @ $12.53

Sold September 13 call (CLNE110917C00013000) @ $1.00 on 8/12/2011

100 shares
@ $11.53

$1,153

9/17/2011 stock at $13.17

called away at $13

100 shares
@ $13.00

$1,300

$147

13%

9/9/2011

Vivus 100 shares @ $8.45

Sold October 9 call (VVUS111022C00009000) @ $0.40 on 9/9/2011
Sold November 9 call (VVUS111119C00009000) @0.35 on 10/26/2011

100 shares
@ $7.70

$770

11/18/2011 stock at $9.84

called away at $9

100 shares
@ $9.00

$900

$130

17%

9/20/2011

Ford Motor 100 shares @ $10.63

Sold October 11 call (F111022C00011000) @ $0.35 on 9/20/2011

100 shares
@ $10.28

$1,028

10/21/2011 stock at $12.26

called away at $11

100 shares
@ $11.00

$1,100

$72

7%

11/23/2011

Vivus 100 shares @ $9.78

Sold December 10 call (VVUS111217C00010000) @ $1.00 on 11/23/2011

100 shares
@ $8.78

$878

12/16/2011 stock at $10.09

called away at $10.00

100 shares
@ $10.00

$1,000

$122

14%

Momentum Options Trading Open Closed Trades 2011 as of 1/1/2012

Note: Calculations do not include broker commissions so your mileage may vary.

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE
THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES
BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.
ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION,
HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF
FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF
TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED
TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE
PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

Risk Disclosure: Options and stocks involve risk and are not suitable for all investors. Past performance does not guarantee future results. Prior to buying or selling an option, an
investor must receive a copy of "Characteristics and Risks of Standardized Options". Copies of this document are available from your broker. The information available discusses
exchange-traded options issued by the Options Clearing Corporation and is intended for educational purposes. No statement in this educational service should be construed as a
recommendation to buy or sell a security. The author and publisher of this service cannot guarantee that the strategies outlined in this educational service will be profitable and will not
be held liable for any possible trading losses related to these strategies. Trading involves the risk of loss as well as the possibility of profit. All investments and trades involve risk, and
all trading decisions of an individual remain the responsibility of that individual. Use of the material contained within this advisory service constitutes your acceptance of these terms.