Here is a trade I have taken to make atleast 10% per year. I have bought MET - Metlife for $ 36.15 and have sold a call June 38 for $2.20 (One Contract). If the stocks hits $38 by August, I will sell the stock and buy back the call at its real value.
This will give a total of $4.95 by 15th June 2012. If the stock does not reach $38 by then, I get to keep $ 2.2 / share, resulting in $220 for 1 contract.
...and also it pays a divided of 2.1%
Let's see how this turns out.
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