Not my usual kind of trade because I’m selling puts on a big up day but I think with the dividend cut out of the way the stock looks to have possibly found a bottom. I’m willing to take the chance that 15 is in the rear view mirror so I put on a speculative put sale in January.

Sold $KMI Jan 15 2016 15 puts @ .67 (average). The IV is 67 which around its 90th percentile, so premium is still rich this morning.