For educational purposes... TLT now trades down 1.17 @ 88.42. If I am reading it right, your data indicates TLTWL should be trading at 1.77 or more, yet it has a b x a of 1.50 x 1.65. Is this unusual? Am I reading it wrong? <img src=http://img430.imageshack.us/img430/4397/att4.gif>