6/8/16 was up +0.86 to 80.19. The MMMs are now premium to the component by 3.07 with four more days of data to come in.

In order to close that "Gap" the component will need to gain an average of 0.72 for the remaining four days. The average gain for the last four days has been 0.798. It appears there is only modest potential for trading the MMM and probably only modest risk.

Best wishes,

dhm