|Hi Bob,......two dates that are important for KMI are June 22, which is the next OPEC meeting. There is already resentment toward Trump for trying to push OPEC to higher production.|
Over half of the Opec countries are capacity strained....in that they are facing anticipated production declines.
Natural gas utilization by the five biggest consumers (Importers) is increasing. Japan, China, S. Korea, Pakistan and India are upping imports to combat air pollution
KMI and Cheniere Energy.( LNG) will be two of the biggest Us beneficiaries of the increased international demand. This not years off into the future....its this year.
The second important date is about Aug 2, when CHK reports earnings and gas volumes shipped.
For the speculative investor there is very little time premium attached to CHK or KMI.....I would look for slightly in the money options dated about July 20. The CHK 4's at $1.00 and the KMI 16's. at $1.30 ...This one of the few times options could be better than the stock.
Mathematicians have proved that the most profitable options are those that are slightly in the money. If the stock stays flat you get most of your money back, and if it goes up even slightly you have a winning trade.