+IPL/-BVT pair

There was some recent chatter in our trading room about this pair:

"Can you please have a look at +IPL/-BVT? The gap appears wide relative to historical performance." @lester_davids

"Yes, I picked this up two weeks ago, and not going that great so far. Also waiting for this gap to close." michaelporter

Looking at the relative it looks like the pair is starting to converge .... possibly worth a trade.