In the OllyDbg help it says:

"OllyDbg can count how many times every command appears in the run trace buffer. In the Disassembler window, select 'View|Profile data'. "

I'm using OllyDbg 1.10 but I don't seem to have Profile option under the View menu.

Does anyone know how to Profile with OllyDbg?

UPDATE BELOW

Actually I found the answer at this tutorial: http://www.ollydbg.de/Tut_rtr.htm
The key sentence was: In the Executable modules, click on RTRACE and select "View run trace profile"

Where RTRACE is simply replaced by the name of the executable you are interested in.

This is a little different to the instructions in the help.

load executable in ollydbg

use ctrl+f11 or ctrl+f12 to trace

right click on disassembler window

appearance ->showbar

you will see a bar on top

it has multiple headers (1) source 2) comments 3) profile)

you can cycle through them by clicking on the bar

see picture

btw the help file says in disassembler window -> so thats a context menu
if you right click and look you will see a view menu selectin that would yield
a context sensitive menu named profile as comments thats what the help file is referring to