From: Shahzad Shahbaz
To: jeffrey E. <jeevacation@gmail.com>
Subject: Crude Oil Trades
Date: Thu, 15 Nov 2018 19:44:52 +0000
Jeffrey,
Hope you are well.
HE Sheikh Hamad and Sheikh Jabor asked me to drop you a line on what we are doing in the crude oil space.
It is very simple and plain vanilla;
• Selling puts with strikes of 90% and 85% for 6/12 months to generate premiums.
• Buying oil forward for 6/12 months through futures contracts and/or swaps.
• We have looked at some collars/ratio collars but did not transact.
Hope the above is useful. Please let me know if you have any questions.
Thanks
Shahzad.
EFTA01016645