Low Premium Option Report - Stocks hitting the bottom

We think stocks on this report may be oversold, requiring further review.

The reason for this, is because the Puts being sold, appear to be lacking a significant profit, where they may yield 4-8% over 12-24 months, and the risks of inflation and time are not worth the sale of these Puts. The stocks on the list seem to have gone down so far that people are not willing to pay much for the Puts. Therefore, we view these stocks as low risk bets. Keep in mind, this is only one of the tools we use when deciding when to enter a trade.

Our research list below does not include very low yielding Puts, (ie. less than 4%) as we found there may be underlying problems with them (eg. restructuring, bankruptcy, unforeseen problems, etc.)

We look at the premium paid on a Put for a strike price that is 20% lower than today's price. We do this to measure the risk in the event of a correction.

We did receive one contradictory opinion (privately) against this method, by a gentleman with over 20 years on the Chicago Mercantile Exchange and who runs a Hedge Fund. His opinion on this method,

"Option premiums are driven by factors like strike price, days to expiration, interest rates, etc. However, just like any other market, supply and demand for individual options play an important role. The more demand for an option, the higher the premium. In most cases, the premium for a 30 delta Put is usually higher than the premium for a 30 delta call. The reason is that many people use Puts as an insurance policy to protect a stock's downside. The more demand for these Puts the higher the premium and the Implied Volatility of the option. In theory, the Implied Option Volatility indicates the perceived 'movement' of the stock over a period of time. The larger the Implied Volatility, the greater the deviation of the stock price from its current price. This is just the mathematical computation used in the Black Sholes Option Pricing Model. Option premiums are highly influenced by supply and demand issues. Option premiums are also influenced by the liquidity and daily trading volume of the stock. It is very common for two similar stocks to have vastly different implied volatility measures even if their monthly standard deviations are mathematically the same. Many of the stocks are large cap stocks with deep liquidity and large trading volume. In addition, many of these stocks have lagged the overall market returns since the recent market bottom in March which also can account for their low option premiums as investors are not looking for downside protection."

While we agree with his facts, we disagree with his opinion.

If you are a professional or non-professional, we invite your comments on this subject by participating in our FORUMS.

Underlying Symbol	Name	Option Symbol	Expiration	Premium Last	Premium Bid	Premium Ask	Last	Strike	Underlying Price
AAWW		AAWW110219P00037500	2011-02-19	6%	4%	7%	$2.10	$37.50	$49.36
ABT	Abbott Laboratories	ABT120121P00040000	2012-01-21	7%	7%	7%	$2.86	$40.00	$50.74
	American Capital Strategies, Ltd.	ACAS110219P00004000	2011-02-19	5%	4%	5%	$0.20	$4.00	$5.59
ACE	Ace Ltd	ACE120121P00040000	2012-01-21	6%	5%	6%	$2.45	$40.00	$55.24
ACN		ACN120121P00030000	2012-01-21	8%	6%	7%	$2.30	$30.00	$38.58
	Automatic Data Processing	ADP120121P00030000	2012-01-21	6%	6%	6%	$1.75	$30.00	$40.08
ADRE		ADP120121P00030000	2010-12-18	6%	6%	6%	$1.75	$30.00	$42.66
AGP		AGP110319P00030000	2011-03-19	6%	5%	6%	$1.75	$30.00	$37.73
	Alexion Pharmaceuticals, Inc.	ALXN110219P00045000	2011-02-19	5%	4%	5%	$2.10	$45.00	$58.18
AMG	Affiliated Mngrs Grp Inc	AMG110319P00055000	2011-03-19	6%	4%	5%	$3.30	$55.00	$71.75
AMX	America Movil Sa	AMX120121P00035000	2012-01-21	6%	6%	7%	$2.15	$35.00	$49.45
	Andersons, Inc. (the)	ANDE110319P00030000	2011-03-19	7%	6%	7%	$2.20	$30.00	$37.51
	Ariba, Inc.	ARBA110219P00012500	2011-02-19	6%	4%	5%	$0.80	$12.50	$16.47
	Allied Riser Communications Corporation	ARCC110319P00012000	2011-03-19	5%	4%	6%	$0.60	$12.00	$15.66
ARE	Alexandria R E Eqty Inc	ARE110416P00055000	2011-04-16	6%	5%	5%	$3.50	$55.00	$71.86
ARG	Airgas Inc	ARE110416P00055000	2012-01-21	6%	5%	5%	$3.50	$55.00	$66.67
	Associated Banc-corp	ASBC110319P00010000	2011-03-19	7%	5%	7%	$0.65	$10.00	$12.97
	Asm International N.v.	ASMI110319P00017500	2011-03-19	6%	5%	7%	$1.00	$17.50	$23.40
	Asml Holding N.v.	ASMI110319P00017500	2011-04-16	6%	5%	7%	$1.00	$17.50	$26.91
		ATLS110319P00022500	2011-03-19	7%	6%	7%	$1.50	$22.50	$28.73
	Activision, Inc.	ATVI120121P00007500	2012-01-21	7%	6%	8%	$0.56	$7.50	$11.21
AZN	Astrazeneca Plc	AZN120121P00040000	2012-01-21	8%	7%	7%	$3.00	$40.00	$51.24
AZO	Autozone Inc Nevada	AZO120121P00170000	2012-01-21	6%	5%	6%	$10.99	$170.00	$218.45
BAX	Baxter International Inc	BAX120121P00035000	2012-01-21	7%	7%	8%	$2.45	$35.00	$44.23
BEZ		BEZ110219P00030000	2011-02-19	7%	5%	7%	$2.10	$30.00	$38.23
BF.B		BEZ110219P00030000	2011-03-19	7%	5%	7%	$2.10	$30.00	$59.08
BIG		BIG110416P00025000	2011-04-16	5%	4%	5%	$1.30	$25.00	$33.15
BLK	Blackrock Inc	BLK110416P00120000	2011-04-16	6%	4%	5%	$6.60	$120.00	$151.55
BRY	Berry Petroleum Co	BRY110219P00022500	2011-02-19	6%	5%	7%	$1.35	$22.50	$30.29
BWA	Borgwarner Inc	BWA110416P00035000	2011-04-16	7%	5%	5%	$2.45	$35.00	$48.42
BWC	Belden Inc	BWC110219P00017500	2011-02-19	6%	5%	7%	$1.10	$17.50	$22.48
BYI		BYI110416P00025000	2011-04-16	6%	5%	5%	$1.40	$25.00	$34.31
BYT		BYI110416P00025000	2011-03-19	6%	5%	5%	$1.40	$25.00	$46.85
CAB		CAB110319P00012500	2011-03-19	7%	5%	7%	$0.85	$12.50	$16.97
CAG	Conagra Foods Inc	CAG120121P00017500	2012-01-21	6%	5%	6%	$1.10	$17.50	$21.99
		CAVM110319P00020000	2011-03-19	8%	4%	5%	$1.50	$20.00	$25.27
CB		CB120121P00045000	2012-01-21	8%	7%	7%	$3.45	$45.00	$56.45
CBD	Companhia Bras De Distrib	CB120121P00045000	2011-03-19	8%	7%	7%	$3.45	$45.00	$71.79
CBOE		CBOE110319P00017500	2011-03-19	6%	5%	7%	$1.05	$17.50	$22.17
CEPH		CEPH120121P00045000	2012-01-21	7%	6%	7%	$3.20	$45.00	$60.77
	Check Point Software Technologies Ltd.	CHKP120121P00027500	2012-01-21	7%	5%	6%	$1.90	$27.50	$35.53
CHL	China Mobile Hk Ltd	CHL120121P00040000	2012-01-21	6%	5%	6%	$2.25	$40.00	$52.33
	C.h. Robinson Worldwide, Inc.	CHRW120121P00052500	2012-01-21	8%	6%	7%	$4.00	$52.50	$67.56
CLH	Lehman Abs Corp	CLH110416P00050000	2011-04-16	5%	5%	5%	$2.70	$50.00	$62.80
CLR	Clarion Commercial Holdin	CLR110319P00035000	2011-03-19	6%	6%	7%	$2.20	$35.00	$43.88
COG	Cabot Oil & Gas Corp	COG110416P00022500	2011-04-16	8%	6%	7%	$1.70	$22.50	$29.28
	Costco Wholesale Corporation	COST120121P00045000	2012-01-21	6%	5%	5%	$2.85	$45.00	$58.57
CRS	Carpenter Tech Corp	CRS110319P00025000	2011-03-19	6%	7%	8%	$1.50	$25.00	$33.10
CS	Cabletron Systems Inc	CS110319P00037000	2011-03-19	5%	5%	5%	$1.90	$37.00	$46.60
	Cisco Systems, Inc.	CSCO120121P00015000	2012-01-21	7%	7%	7%	$1.12	$15.00	$21.04
CTRP		CTRP110319P00033000	2011-03-19	8%	7%	8%	$2.60	$33.00	$42.28
CVX		CVX120121P00060000	2012-01-21	7%	7%	8%	$4.36	$60.00	$78.00
CYT	Cytec Inds Inc	CYT110219P00040000	2011-02-19	7%	4%	5%	$2.70	$40.00	$51.54
D	Dominion Resources Inc Va	D120121P00035000	2012-01-21	7%	6%	6%	$2.58	$35.00	$43.99
DD	Dupont E I De Nemours Co	DD120121P00030000	2012-01-21	8%	7%	8%	$2.29	$30.00	$42.51
DDR	Developers Diversified Re	DDR110416P00007500	2011-04-16	6%	5%	7%	$0.45	$7.50	$11.55
DGX	Quest Diagnostics Inc	DGX120121P00035000	2012-01-21	6%	4%	5%	$2.20	$35.00	$45.93
DHR		DHR120121P00030000	2012-01-21	7%	5%	6%	$2.08	$30.00	$39.23
	Diamonds Trust Series I	DIA120121P00080000	2012-01-21	6%	6%	6%	$5.15	$80.00	$104.58
DLX	Deluxe Corp	DLX110416P00012500	2011-04-16	8%	5%	7%	$0.95	$12.50	$18.42
DNR	Denbury Resources Inc	DNR110319P00012000	2011-03-19	7%	4%	5%	$0.80	$12.00	$15.76
DUG		DUG110416P00048000	2011-04-16	5%	5%	7%	$2.20	$48.00	$61.22
EBIX	Ebix.com Inc	EBIX110319P00015000	2011-03-19	7%	5%	6%	$1.10	$15.00	$18.85
EEM	Merrill Lynch & Co., Inc.	EEM120121P00030000	2012-01-21	7%	7%	7%	$2.18	$30.00	$42.03
EEP		EEM120121P00030000	2011-04-16	7%	7%	7%	$2.18	$30.00	$55.20
EEQ		EEM120121P00030000	2011-02-19	7%	7%	7%	$2.18	$30.00	$54.83
EMC	Emc Corp	EMC120121P00015000	2012-01-21	7%	7%	7%	$1.00	$15.00	$19.91
ENOC		ENOC110319P00025000	2011-03-19	6%	5%	7%	$1.42	$25.00	$33.43
ENS		ENS110319P00017500	2011-03-19	5%	4%	5%	$0.85	$17.50	$23.81
ESS	Essex Property Trust Inc	ESS110416P00085000	2011-04-16	6%	4%	5%	$5.40	$85.00	$110.66
ETR	Entergy Corp Hldg Co	ETR120121P00060000	2012-01-21	7%	6%	7%	$4.20	$60.00	$79.97
EUI		ETR120121P00060000	2011-06-18	7%	6%	7%	$4.20	$60.00	$77.54
		EXBD110319P00022500	2011-03-19	7%	4%	5%	$1.55	$22.50	$29.92
EXC	Exelon Corp	EXC120121P00032500	2012-01-21	6%	6%	6%	$2.04	$32.50	$42.22
	Ezcorp, Inc.	EZPW110319P00015000	2011-03-19	7%	4%	6%	$1.00	$15.00	$19.33
	Ishares Msci - Emu Index Fund (european Monetary Union)	EZPW110319P00015000	2011-04-16	7%	4%	6%	$1.00	$15.00	$32.54
F	Ford Motor Company	F120121P00007500	2012-01-21	7%	7%	8%	$0.56	$7.50	$12.07
FBR	Friedman Billings Ramsey	FBR110319P00012500	2011-03-19	8%	4%	6%	$0.95	$12.50	$17.17
FBT		FBR110319P00012500	2011-02-19	8%	4%	6%	$0.95	$12.50	$33.88
	First Financial Bancorp.	FFBC110219P00012500	2011-02-19	6%	4%	6%	$0.75	$12.50	$16.77
	Fossil, Inc.	FOSL110319P00040000	2011-03-19	6%	6%	6%	$2.35	$40.00	$50.20
FTI		FTI110416P00050000	2011-04-16	7%	5%	5%	$3.50	$50.00	$66.58
FXI		FXI120121P00030000	2012-01-21	7%	7%	7%	$2.07	$30.00	$40.95
FXM		FXI120121P00030000	2011-03-19	7%	7%	7%	$2.07	$30.00	$77.31
GDX		GDX120121P00040000	2012-01-21	8%	8%	8%	$3.00	$40.00	$53.69
	General Electric Co	GE120121P00010000	2012-01-21	8%	7%	8%	$0.75	$10.00	$15.39
GEOY		GEOY110319P00030000	2011-03-19	5%	5%	6%	$1.60	$30.00	$38.16
GES	Guess ? Inc	GES110319P00025000	2011-03-19	7%	5%	6%	$1.65	$25.00	$34.54
GG	Goldcorp Inc	GG120121P00030000	2012-01-21	7%	7%	7%	$2.17	$30.00	$42.84
GIS	General Mills Incorporate	GIS120121P00027500	2012-01-21	5%	5%	5%	$1.36	$27.50	$36.06
		GOOG120121P00370000	2012-01-21	7%	7%	7%	$27.20	$370.00	$470.30
GSIC		GSIC110416P00018000	2011-04-16	8%	6%	8%	$1.40	$18.00	$23.74
GSK	Glaxosmithkline Plc	GSK120121P00030000	2012-01-21	7%	6%	7%	$2.10	$30.00	$39.29
HDB		HDB110416P00135000	2011-04-16	5%	5%	5%	$6.60	$135.00	$169.58
	Hungry Minds, Inc.	HMIN110319P00035000	2011-03-19	7%	5%	6%	$2.30	$35.00	$46.31
HOC	Holly Corporation	HOC110319P00020000	2011-03-19	8%	5%	5%	$1.50	$20.00	$27.57
		HOGS110319P00012500	2011-03-19	7%	4%	6%	$0.85	$12.50	$15.98
		HPQ120121P00030000	2012-01-21	7%	7%	7%	$2.22	$30.00	$40.34
IBB	Ishares Nasdaq Biotechnology Index Fund	IBB120121P00065000	2012-01-21	7%	6%	6%	$4.30	$65.00	$82.60
IBM	International Business Ma	IBM120121P00100000	2012-01-21	7%	7%	7%	$7.00	$100.00	$127.58
	Intel Corporation	INTC120121P00012500	2012-01-21	7%	7%	7%	$0.86	$12.50	$18.43
	Intuit Inc.	INTU120121P00035000	2012-01-21	7%	7%	7%	$2.50	$35.00	$44.01
	Itron, Inc.	ITRI110219P00045000	2011-02-19	7%	4%	4%	$3.10	$45.00	$58.90
	Johnson & Johnson	JNJ120121P00045000	2012-01-21	6%	5%	5%	$2.48	$45.00	$58.93
JNY		JNY110219P00012500	2011-02-19	6%	5%	6%	$0.80	$12.50	$17.47
	Jos. A. Bank Clothiers, Inc.	JOSB110416P00030000	2011-04-16	5%	5%	5%	$1.60	$30.00	$42.01
K	Kellogg Co	K120121P00040000	2012-01-21	6%	5%	6%	$2.30	$40.00	$50.41
KDN	Kaydon Corp	KDN110416P00025000	2011-04-16	6%	4%	5%	$1.55	$25.00	$34.56
		KFT120121P00022500	2012-01-21	6%	6%	6%	$1.38	$22.50	$30.58
	Kimberly Clark Corp	KMB120121P00052500	2012-01-21	6%	5%	5%	$3.30	$52.50	$66.18
KMP	Kinder Morgan Enrgy L P	KMP120121P00055000	2012-01-21	5%	5%	5%	$2.86	$55.00	$68.80
	Coca Cola	KO120121P00045000	2012-01-21	6%	6%	6%	$2.65	$45.00	$57.56
KSS	Kohls Corp	KSS120121P00035000	2012-01-21	7%	6%	7%	$2.40	$35.00	$49.56
LFC		LFC120121P00045000	2012-01-21	7%	6%	6%	$3.10	$45.00	$59.13
	Lifeline Systems, Inc.	LIFE120121P00035000	2012-01-21	7%	6%	7%	$2.55	$35.00	$46.01
LLL	L3 Comm	LLL120121P00055000	2012-01-21	6%	7%	7%	$3.38	$55.00	$70.68
LLY	Lilly Eli & Co	LLY120121P00025000	2012-01-21	7%	6%	6%	$1.70	$25.00	$34.66
LMT	Lockheed Martin Corp	LMT120121P00055000	2012-01-21	8%	7%	7%	$4.18	$55.00	$70.72
LO		LO120121P00062500	2012-01-21	7%	7%	8%	$4.60	$62.50	$80.70
	Lufkin Industries, Inc.	LUFK110319P00030000	2011-03-19	5%	5%	6%	$1.55	$30.00	$40.82
LUV	Southwest Airlines Co	LUV120121P00007500	2012-01-21	6%	5%	7%	$0.45	$7.50	$11.57
LUX	Luxottica Group S P A	LUV120121P00007500	2011-04-16	6%	5%	7%	$0.45	$7.50	$24.23
	Martek Biosciences Corporation	MATK110319P00017500	2011-03-19	7%	5%	6%	$1.30	$17.50	$21.95
	Mcdonalds Corporation	MCD120121P00060000	2012-01-21	6%	6%	6%	$3.50	$60.00	$75.09
MDP	Meredith Corp	MDP110319P00025000	2011-03-19	5%	4%	6%	$1.20	$25.00	$32.21
MFC	Manulife Financial Corp	MFC110319P00010000	2011-03-19	8%	6%	7%	$0.75	$10.00	$12.71
MJN		MJN120121P00040000	2012-01-21	7%	6%	7%	$2.81	$40.00	$55.14
MLNX		MLNX110319P00012500	2011-03-19	5%	4%	6%	$0.60	$12.50	$17.12
MLPN		MLNX110319P00012500	2011-03-19	5%	4%	6%	$0.60	$12.50	$20.90
MMC	Marsh And Mclennan Compan	MMC120121P00017500	2012-01-21	6%	4%	6%	$1.05	$17.50	$24.58
	Philip Morris Cos Inc	MO120121P00017500	2012-01-21	7%	7%	7%	$1.16	$17.50	$22.91
MRK	Merck & Co Inc	MRK1120121P00025000	2012-01-21	4%	4%	5%	$1.10	$25.00	$35.59
	Microsoft Corporation	MSFT120121P00017500	2012-01-21	7%	7%	7%	$1.26	$17.50	$24.29
	Microstrategy Incorporated	MSTR110416P00065000	2011-04-16	8%	5%	6%	$5.00	$65.00	$81.99
NCI	Navigant Consulting	NCI110416P00008000	2011-04-16	5%	4%	6%	$0.40	$8.00	$10.61
NDX		NDX111217P01400000	2011-12-17	8%	6%	6%	$111.00	$1,400.00	$1,870.31
NEE		NEE120121P00040000	2012-01-21	5%	5%	5%	$2.05	$40.00	$54.64
NKE	Nike Inc Cl B	NKE120121P00055000	2012-01-21	7%	6%	6%	$4.05	$55.00	$74.25
NTGR		NTGR110319P00017500	2011-03-19	5%	4%	7%	$0.80	$17.50	$23.03
PBR	Petroleo Brasileiro Sa	PBR120121P00025000	2012-01-21	5%	5%	5%	$1.31	$25.00	$37.48
PCL	Plum Creek Timber Co	PCL120121P00025000	2012-01-21	7%	7%	7%	$1.81	$25.00	$35.56
	Penn National Gaming, Inc.	PENN110416P00022500	2011-04-16	8%	5%	6%	$1.70	$22.50	$29.66
PEP	Pepsico Inc	PEP120121P00050000	2012-01-21	5%	5%	5%	$2.60	$50.00	$65.57
PFCB		PFCB110416P00035000	2011-04-16	4%	4%	5%	$1.55	$35.00	$47.49
PG	Procter & Gamble Co	PG120121P00047500	2012-01-21	7%	6%	7%	$3.45	$47.50	$60.29
	Pico Holdings Inc.	PICO110416P00022500	2011-04-16	5%	5%	6%	$1.15	$22.50	$28.32
PII	Polaris Inds Inc	PII110319P00045000	2011-03-19	7%	5%	6%	$3.00	$45.00	$57.54
PJC		PJC110319P00022500	2011-03-19	5%	5%	6%	$1.10	$22.50	$29.86
PLT	Plantronics Inc	PLT110219P00022500	2011-02-19	7%	4%	5%	$1.50	$22.50	$28.87
PLTM		PLT110219P00022500	2011-02-19	7%	4%	5%	$1.50	$22.50	$26.90
		PM120121P00040000	2012-01-21	7%	7%	7%	$2.90	$40.00	$54.04
PVH		PVH110319P00040000	2011-03-19	6%	6%	6%	$2.30	$40.00	$51.10
PWRD		PWRD110319P00019000	2011-03-19	8%	7%	8%	$1.45	$19.00	$24.87
QID		QID110416P00013000	2011-04-16	5%	5%	6%	$0.64	$13.00	$16.85
QQQQ	Quantech Ltd	QQQQ120121P00035000	2012-01-21	8%	7%	7%	$2.65	$35.00	$46.01
R	Ryder System Inc	R110219P00032500	2011-02-19	7%	4%	5%	$2.40	$32.50	$40.99
	Radiant Systems, Inc.	RADS110416P00015000	2011-04-16	6%	6%	7%	$0.90	$15.00	$19.19
RAI		RAI120121P00045000	2012-01-21	8%	6%	7%	$3.50	$45.00	$57.44
	Railamerica, Inc.	RAIL110319P00017500	2011-03-19	5%	5%	6%	$0.95	$17.50	$24.15
RAX		RAX110319P00016000	2011-03-19	6%	6%	7%	$1.00	$16.00	$20.79
	Radware Ltd.	RDWR110319P00020000	2011-03-19	7%	5%	6%	$1.45	$20.00	$25.13
	Royal Gold, Inc.	RGLD120121P00035000	2012-01-21	7%	7%	7%	$2.40	$35.00	$49.01
RKT	Rock Tenn Co	RKT110416P00040000	2011-04-16	8%	5%	6%	$3.00	$40.00	$52.91
ROC	R O C Taiwan Fund	ROC110219P00022500	2011-02-19	7%	6%	7%	$1.60	$22.50	$28.99
	Ross Stores, Inc.	ROST120121P00040000	2012-01-21	7%	6%	8%	$2.80	$40.00	$52.60
ROVI		ROVI110416P00035000	2011-04-16	7%	4%	5%	$2.35	$35.00	$43.88
RTH	Merrill Lynch & Co., Inc.	RTH120121P00070000	2012-01-21	6%	5%	6%	$3.90	$70.00	$92.32
RTN	Raytheon Co New	RTN120121P00035000	2012-01-21	7%	7%	7%	$2.39	$35.00	$45.67
SAP	Sap Ag	SAP120121P00035000	2012-01-21	7%	6%	8%	$2.40	$35.00	$45.90
SDRL		SDRL110416P00020000	2011-04-16	7%	6%	7%	$1.40	$20.00	$25.82
SDS	Sungard Data Systems Inc	SDS110319P00025000	2011-03-19	5%	5%	6%	$1.36	$25.00	$31.81
SHW	Sherwin Williams Co	SHW120121P00055000	2012-01-21	7%	6%	7%	$3.60	$55.00	$72.32
SHY		SHW120121P00055000	2011-03-19	7%	6%	7%	$3.60	$55.00	$84.16
SJT	San Juan Basin Royalty Tr	SJT110416P00017500	2011-04-16	7%	6%	7%	$1.30	$17.50	$21.97
SKA		SJT110416P00017500	2011-06-18	7%	6%	7%	$1.30	$17.50	$72.30
	Silicon Laboratories, Inc.	SLAB120121P00030000	2012-01-21	7%	6%	7%	$2.10	$30.00	$39.91
SLT	Silverline Technologies L	SLT110319P00010000	2011-03-19	7%	5%	6%	$0.71	$10.00	$13.88
SLV		SLV120121P00015000	2012-01-21	7%	7%	7%	$1.10	$15.00	$19.42
SNP	China Petroleum &chemical	SNP120121P00060000	2012-01-21	8%	6%	7%	$4.50	$60.00	$81.02
SONO		SONO110319P00022500	2011-03-19	6%	5%	7%	$1.45	$22.50	$30.17
SOX		SOX110319P00260000	2011-03-19	7%	4%	5%	$18.00	$260.00	$328.71
SPN		SPN110319P00017500	2011-03-19	7%	4%	5%	$1.20	$17.50	$23.08
SSD	Simpson Mfg Co Inc	SSD110319P00017500	2011-03-19	7%	5%	6%	$1.20	$17.50	$24.17
SSL		SSL110319P00030000	2011-03-19	5%	5%	6%	$1.50	$30.00	$39.83
STJ	St Jude Medical Inc	STJ120121P00025000	2012-01-21	5%	5%	6%	$1.20	$25.00	$35.92
SUP	Superior Inds Intl Inc Ca	SUP110416P00012500	2011-04-16	6%	5%	7%	$0.80	$12.50	$15.91
	Symantec Corporation	SYMC120121P00010000	2012-01-21	8%	7%	8%	$0.78	$10.00	$13.98
SYY		SYY120121P00022500	2012-01-21	7%	6%	6%	$1.54	$22.50	$28.56
SZR		SYY120121P00022500	2011-01-22	7%	6%	6%	$1.54	$22.50	$30.02
T	At&t Corp	T120121P00020000	2012-01-21	7%	7%	7%	$1.35	$20.00	$27.44
TCB	T C F Financial Corp	TCB110416P00012000	2011-04-16	6%	5%	6%	$0.70	$12.00	$15.52
TEL		TEL110416P00020000	2011-04-16	5%	4%	5%	$1.05	$20.00	$26.46
	Teva Pharmaceutical Industries Limited	TEVA120121P00040000	2012-01-21	6%	5%	5%	$2.27	$40.00	$51.78
	Thoratec Corporation	THOR110416P00025000	2011-04-16	7%	4%	5%	$1.75	$25.00	$34.55
THRX		THRX110319P00010000	2011-03-19	5%	6%	7%	$0.50	$10.00	$13.66
TIN	Temple Inland Inc	TIN110219P00015000	2011-02-19	7%	6%	7%	$1.05	$15.00	$19.18
TM	Toyota Motor Corp	TM120121P00055000	2012-01-21	6%	6%	6%	$3.50	$55.00	$69.71
TPC		TPC110416P00015000	2011-04-16	7%	6%	7%	$1.10	$15.00	$19.85
	Teletech Holdings, Inc.	TTEC110416P00010000	2011-04-16	8%	5%	6%	$0.75	$10.00	$13.68
	Tetra Tech, Inc.	TTEK110319P00015000	2011-03-19	5%	4%	6%	$0.72	$15.00	$19.11
VAR	Varian Medical Systems In	VAR120121P00040000	2012-01-21	7%	6%	7%	$2.95	$40.00	$56.18
VLTR		VLTR110319P00015000	2011-03-19	7%	5%	8%	$1.05	$15.00	$21.44
VOD	Vodafone Group Plc	VOD120121P00017500	2012-01-21	7%	6%	7%	$1.20	$17.50	$24.84
VOE		VOD120121P00017500	2010-12-18	7%	6%	7%	$1.20	$17.50	$47.06
VPRT		VPRT110416P00025000	2011-04-16	5%	5%	5%	$1.25	$25.00	$33.83
VZ	Verizon Communications	VZ120121P00022500	2012-01-21	7%	6%	7%	$1.48	$22.50	$30.20
WBC		WBC110319P00030000	2011-03-19	5%	4%	5%	$1.60	$30.00	$39.34
WM	Washington Mutual Inc	WM120121P00025000	2012-01-21	7%	5%	6%	$1.70	$25.00	$34.11
	Wal-mart Stores Inc	WMT120121P00040000	2012-01-21	5%	5%	5%	$1.99	$40.00	$52.04
WMX		WMT120121P00040000	2011-03-19	5%	5%	5%	$1.99	$40.00	$55.13
WRE	Washington R E I T	WRE110416P00025000	2011-04-16	7%	4%	5%	$1.75	$25.00	$31.98
XCO		XCO110319P00011000	2011-03-19	8%	6%	8%	$0.85	$11.00	$14.54
XDA		XCO110319P00011000	2011-06-18	8%	6%	8%	$0.85	$11.00	$91.66
XDB		XCO110319P00011000	2011-06-18	8%	6%	8%	$0.85	$11.00	$154.66
XDC		XCO110319P00011000	2011-06-18	8%	6%	8%	$0.85	$11.00	$96.31
	Select Sector Spdr Fund - Industrial	XLI120121P00020000	2012-01-21	6%	6%	6%	$1.22	$20.00	$30.13
	Select Sector Spdr Fund - Technology	XLK120121P00017000	2012-01-21	8%	7%	7%	$1.30	$17.00	$21.73
	Select Sector Spdr Fund - Utilities	XLU120121P00025000	2012-01-21	6%	6%	6%	$1.50	$25.00	$31.62
XME		XME110319P00040000	2011-03-19	6%	6%	6%	$2.32	$40.00	$51.54
XRX		XRX120121P00005000	2012-01-21	8%	6%	7%	$0.38	$5.00	$9.09
XSD		XRX120121P00005000	2011-03-19	8%	6%	7%	$0.38	$5.00	$42.84
	Yahoo! Inc.	YHOO120121P00010000	2012-01-21	7%	7%	8%	$0.73	$10.00	$13.62

Source: ActiveValueTrader.com