jokingme

Stick with Covered Calls

I'm curious as to the author's typical time frame for his covered call strategy.
Without recommending KO as an investment, which would you do?
Purchase KO at $45.90 (Friday 1/2/09 close).
Sell Jan $45 for $1.60 (in the money)
Sell Jan $47.50 for $.40
Sell Feb $45 for $2.65
Sell Feb $47.50 for $1.35
Sell May $50 for $1.65 plus $.38 dividend.
Sell Aug $50 for $2.65 plus $.76 dividend.
Sell Jan10 $55 for $2.10 plus $1.52 dividend.
Other, please specify.
Do you have specific 'return profile' rules? (i.e. at least 10% total return, 1% per month income, etc. that you're looking to achieve).
Thanks,John
All opinions welcome.