O K

There's a K on my ceiling and I don't know what to do.
Should I let it fly high or should bring it back down to earth?
K is the first letter in my name.
It can be special like the cereal and it can even look like a child at play.
It's gotten me into trouble and it's also taken me out of binds.
But any which way you look at it,
From this vantage point,
It appears in the corner of my eye.