From. Jeffrey Epstein akteyacaeonnemaitcom>
To. Tazia Smit
Date. 03/14/2014 12:29 PM
Subject: Re: Zero Cost Wfl Collar 101/94.25. Jun spot ref 97.60111
we should extend out the strikes 110 88 etc
On Fri, Mar 14, 2014 at 12: 1 I PM, Tazia Smith wrote:
Classification: For internal use only
Jeffrey - Current indicative offer on the same June14 zero cost is 101/94.25
WTI Jun14
You buy call, strike 101
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 97.60
X=94.25
Initial Margin: 13%
From. Taira Smita
To. jeveacationeemaireem.
Cc: Vinit Sahni Nay Gupti . Paul Morns. Vaho Stopania
Date: 00/14201410.07 AM
Subject: Zero Cost WTI Collar 101/94.5. spot ref 97.75111
Classification: For internal use only
Good Morning Jeffrey -
Crude ticking up this AM as you know, you can add to your risk reversal with the same 101 strike
call with a 94.50 indicative sold put (vs. your 93.50 yesterday. Let us know:
WTI Jun14
You buy call, strike 101
CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0 110805
CONFIDENTIAL SDNY_GM_00256989
EFTA01453282