From: Barrett, Paul S
Sent: Wednesday, March 14, 2012 2:21 PM
To: Epstein, Jeffrey (eevacation@gmail.com)
Cc: Giuffrida, David
Subject: Time to do the BRL trade
<=iv class="WordSectionl">
Jeff=ey
=o:p>
I t=ink we should do $SMM of this.
Bearish USD / bullish BRL forward extra
<=pan style="font-size:11.0pt;font-family:"Calibri","sans=serif"">1) </=pan>Client buys USD put/ BRL call @ 1.7=
=span style="mso-list:lgnore">2) Client sells USD call / BRL put @ 1.78 with <=>at expiry RKI @ 1.95
Costless
let me know
Paul
&n=sp;
=OA
Pa=l Barrett, CFA
Managing Direc=or
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