Options Trade & Update - KMI

With the recent fear in the market, Kinder Morgan, Inc. (KMI) has dropped from around $40 to below $33 since April.  Instead of waiting over three weeks and hoping it trades above $30 so it doesn't get assigned, I decided to go ahead and close out of my options position.  I do think the company looks attractive at a current 4% yield but I think there are better opportunities out there.  So I will make $160 profit before commissions.  This brings my yearly options profit to $1365.

Open:

03/12/12 Sold 1 AZN Oct 20 '12 $45 Put @ 3.00
03/28/12 Sold 3 BBVA July '21 '12 $7 Puts @ .55
04/09/12 Sold 1 VOD July 21 '12 $27 Put @ 1.45
04/30/12 Sold 1 PG July 21 '12 $62.50 Put @1.42

Closed Out:

05/23/12 Bought to Close 1 KMI June 16 '12 $30 Put @ .65
01/23/12 Sold 1 KMI June 16 '12 $30 Put @ 2.25
Profit: $165 before brokerage fees.

05/14/12 Bought to Close 1 CHK July 21 '12 $16 Put @ 2.52
04/25/12 Sold 1 CHK July 21 '12 $16 Put @ 1.13
Profit: -$139 before brokerage fees

04/12/12 Sold 1 JNJ Oct 20 '12 $62.50 Put @ 2.60
04/30/12 Bought to Close 1 JNJ Oct 20 '12 $62.50 Put @ 1.62
Profit: $98 before brokerage fees (not bad for only waiting 18 days)


01/19/12 Sold 2 TSM July 21 '12 $15 Puts @ 1.80
04/09/12 Bought to Close 2 TSM July 21 '12 $15 Puts @ 1.03
Profit: $154 before brokerage fees


01/03 - Sold 1 RIG $35 May 19 '12 PUT @ 2.11
03/12 - Bought to Close 1 RIG $35 May 19 '12 Put @ .09
Profit: $202.00 before brokerage fees


01/06 Bought 10 SLV Jan 19 '13 $45 Calls @ 1.05
01/26 - Sold to Close 5 SLV Jan 19 '13 $45 Calls @ 1.85
02/28 - Sold to Close 5 SLV Jan 19 '13 $45 Calls @ 2.03
Profit: $890 before brokerage fees


Total Profit before fees: $1365