5/4/18 was up 0.31 and the model projects that the component on Friday's kill will be up between +0.20 and +0.50. The KKKs settled premium to the component by 3.82 and the model calculates that it will take an average daily gain of 0.59 from now until cash settlement to close that "Gap". I don't think it will happen so I am short the KKKs to take to cash settlement.

Best wishes,

dhm