Sold 20 puts to open for KKR, the Jan15 $22 one for a premium of $5.20. So either I keep the $10,400 or I get to buy KKR by January 2015 for a net cost of $16.80. The stock currently sells for $19.37.
They are basically in the same business as Blackstone. They are more generous in dividends tho. In my opinion this stock will see $25 before it sees, if ever, $16.80. Just a suggestion for people to consider.