6/25/14 kill jumped 1.85 to 125.61. That puts the HEN4 premium to the Index by 4.54 with 12 more trading days for the NNNs. That's a gap somewhat higher than we usually see on this date and the index usually does not tack on much from this date until the last trading date.

But this is an unusual year as you know and so we will see records broken.

I sold another HEN4 @ 130.05 and am waiting to see if I get taken out behind the woodshed for a thrashing.

Best wishes,

Doc