12/12/16 was up +$0.30 and the model projects that the component on yesterday's kill will move up between +0.45 and +0.75. The ZZZs settled premium to the component by +1.49. With two more days of data to come in (in addition to the one projected here), I think there is a good chance that the Index will push the ZZZs up another 1/2 to full point so I will dump the rest of my long ZZZs starting above 58.10. If it doesn't go there, I will take them to cash settlement tomorrow.

Best wishes,

dhm