I never divulge numbers of shares/contracts, but here is what I have:

Half of my shares are covered calls (Jun 16 2012 5.00 Call)

The other half are just shares with no contracts

I don't see it breaking through 5.00, nor do I see it crashing below 4.00.  If it goes in the money, I still get to profit from the difference between premium and intrinsic value near expiration.  The shares without contracts sold are profits whenever I sell them.

If it stays below 5.00 and above 4.00, I'm still a little green.  If it goes below 3.70 I'll start to lose a little.  I think by using the chart and timing it as so I'm almost guarenteed to make money.  Hopefully it blasts through 5.00!