Part of a bear call credit spread.  I have several spreads like this open now.  Max proft is 0.50/contract, max loss is 4.50/contract.  But the probability of AXP even touching $50 is less than 20%.  So the key to making these profitable is to exit losers quickly. 

If there are other people working an income stream using these kinds of trades, I'd be interested in hearing about your experience.  Thanks!