Shares of Kinder Morgan Management (KMR) are up 19.03 to 96.03 today.? KMR is making a 52 week high.

Today paper traded 2000 KMR Aug 75 calls at 20.20 to 20.50.? The ADV is 755 contracts.? The OI is 2183 contracts.

The volume went up in small sizes.? The trader is probably selling to close after a blowup upside.? Some paper is moving to the Feb 85s but the action there is tougher to determine.? The Aug 75 investors are taking the money and running.

30-day implied volatility is 29%.?? 10-day implied volatility is 16%.? 30 day implied volatility is trading below the 10 realized volatility

Kinder Morgan Management, LLC is a limited partner in Kinder Morgan Energy Partners, L.P (KMP), and manages and controls its business and affairs pursuant to a delegation of control agreement.