Model Portfolio

Balances as of market close 1/4/2011
Total Portfolio: $26,160.50
Cash: $24,515.50
Stocks: $2,740
Long Option: $0.00
Short Option: -$1,095
Available Margin Equity:* $4,795

Open Trades:

• CSCO Uncovered Puts
• MSFT Covered Call
• MMI/NETL Arbitrage
• TVLT Arbitrage
• BRKB Uncovered Puts
• CSCO Uncovered Puts
• MSFT Uncovered Puts

Recently Closed Trades:

• SSO Puts
• Leveraged Gold
• PPDI Arbitrage

* Available Margin Equity is only an estimate. Actual equity may be different depending on daily price changes and differences in margin requirements between brokers.