1/13/2020 was down -0.23 to 58.91. The GGGs are now trading premium to the component by + and that is quite a "Gap" to close in a month but if exports to China click-in, it could become a slam-dunk.
Cutouts posted a nice gain yesterday and that lifted packers' gross margins to $33.39 per Index hog.
I started this post early this morning and am surprised by the move up in the GGGs but I am still too timid to touch them but I do have a QQQ option trade going that I started 12/12/19.
It is doing well. .
Best wishes,
Doc