From: Jeffrey Epstein lowacationftmaitcon»
To: Tat Smth/dbidbcomeDBAMERICAS,
Date: 03/14/2014 12:55 PM
Subject: Re: 11096. 105/90.25 (C)
margin for 100 k barrells?
On Fri, Mar 14, 2014 at 12:38 PM, Tazia Smith wrote:
Classification: Confidential
WTI Jun14
You buy call, strike 110
You sell put, strike X
100 lots on each leg
Costless package
Both legs knock out if WTI Jun14 setttles below $20/bbl on any day during the trade
Jun14 ref 97.65
X = 86.0
WTI Jun14
You buy call, strike 105
You sell put, strike X
100 lots on each leg
Costless package
Both legs knock out if WTI Jun14 setttles below $20/bbl on any day during the trade
Jun14 ref 97.65
X=90.25
From: Jeffrey EPstein <iewacationtbomail Qom>
To: Tat Smittildb/0bcomeDBAMERICAS,
Date. 03/14/2014 12:29 PM
Subject. Re: Zero Cost WTI Collar 101/94.25. Jun spot ref 97.60 (I)
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 110796
CONFIDENTIAL SDNY_GM_00256980
EFTA01453274