The May 13, 2016 7 Puts were being sold for .15 x .20 just days ago. That trade breaks even at about 6.75 x 6.80. I believe it closes above 7 at the end of the day but ......
Short covering will prevent blow down below 6 but you should be prepared just in case. Don't blow all your available buying power right away.
We would all like to be buyers below 15. You need to leave dream land and come back to the real world. KMI isn't going below 15 ever again. Wake up and smell the coffee.
I was following your argument but you lost me with your stupid little dog comment. Speaks volume about you to say nothing of your 24 x 7 obsessive compulsive repetitive rants. It's you that needs to add something. Buckeye is a solid contributor. Can't say the same for you. I'm amazed your employer is still in business if you're representative of the talent.
Too bad we couldn't all win.