10% - 15% per Year - Trading Stocks - GLW

Here is a trade I have taken to make atleast 10% per year. I have bought GLW - Corning Inc for $ 12.65 and have sold a call Aug14 for $0.65 (One Contract). If the stocks hits $14 by August, I will sell the stock and buy back the call at its real value.

This will give a total of $2 by 18th August 2012. If the stock does not reach $14 by then, I get to keep $ 0.65 / share, resulting in $65 for 1 contract.

...and also it pays a divided of 2.4%

Let's see how this turns out.