See below. Spoke with Rich. He recommends, despite Jeffrey's feed back, many
more carry trades (eg high yielding bonds) and non-binary options (those that
offer flexibility over the life).
fyi only
Forwarded by Tazia Smith/db/dbcom on 05/12/2014 09:40 AM
From: Richard Kahn <la
To: Tazia smith
Date: 05/12/2014 09:19 AM
Subject: Fwd: a suggestion from nav april 15
please call me when you have a minute
thanks
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue, 4th Floor,
New York. New York 10022
Begin forwarded message:
From: "Jeffrey E." <jeevacation@grnai 1 .com>
Subject: a suggestion from nav april 15
Date: May 10, 2014 6:13:10 AM EDT
To: Richard Kahn < , Paul Morris <
no one in their right mind would have
2. EURUSD spot FX is 1.3802 from 1.3827 yesterday. suggest buying 2week
vanilla 1.40c at 5-6c in EUR 50mm notional (cost EUR25-30k)
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