11/12/14 was up +0.30 to 88.31. The firmness of the ZZZs has kept the "Gap" opened to 3.37.

The amount that the component was up was outside of the range projected by the model. I hope nobody got burned by relying on the models projection. Based on it, I sold one ZZZ scalper and was able to cover it with a tiny profit. It doesn't take much profit to make me happy.

Best wishes,

dhm