Subject: Ruble binary update... [C]
From: Tazia Smith
Date: Thu, 20 Mar 2014 12:21:50 -0400
To: jeevacation@gmail.com
Cc: Nav Gupta
Paul Morris
Vahe Stepanian
Vinit Sahni
Classification: Confidential
Jeffrey -
You are down $148,000 on your USDRUB binary. It is $102,000 bid vs. 36.20
spot (that's up $19k from yesterday)
1-Month USDRUB Price History
(Embedded image moved to file: pic19048.gif)
From: Tazia Smith/db/-
dbcom
To:
jeevacation@gmail.com,
Cc: Paul Morris, Vinit Sahni/db/dbcom@DBEMEA, Nav Gupta/db/-
dbcom@DBEMEA, , Vahe
Stepanian/db/-
dbcom@DBAmericas
Date: 03/19/2014 09:34
AM
Subject: Ruble binary update on RUB strength....
EFTA01467997
[C]
Classification: Confidential
Jeffrey -
Just keeping you posted as USDRUB responds to Putin's "diplomacy"...
You are down $167,000 on your USDRUB Binary, 37.595 strike for $1mm payout,
european observation on 4/15.
Indicative bid on the binary is $83,000, spot ref 35.91
Source: DB FX Trading, 3/19/14
1-Month USDRUB Price History
(Embedded image moved to file: pic19793.gif)
1-Year USDRUB Price History
(Embedded image moved to file: pic23451.gif)
Forwarded by Tazia Smith/db/dbcom on 03/19/2014 09:23 AM
From: Tazia Smith/db/-
dbcom
To: "jeffrey epstein"
<jeevacation@gmail.com>,
Cc: "Vinit Sahni" , "Paul
Morris" >, "Rich Kahn"
, "Jean Anne
Wiebracht (jeanie)"
Date: 03/13/2014 10:51
AM
EFTA01467998
Subject: Trade Report 3/13/14 - Ruble binary
[C]
Classification: Confidential
Jeffrey - That's done at 25.7% ($257k premium paid, $1mm binary payout) at a
strike of 37.595 USDRUB. Detail below.
TradeTypeFxDigitalOpt
BuySellClient Buys
CurrencylUSD
CPCall
Notional11,000,000
Currency2RUB
Strike37.595
ZoneCutMO: 12:30 hours (Local time in Moscow) 09:30 hours London time
ExpiryDateMon 14 April 2014
SettlementDateTue 15 April 2014
FixingReferenceCME/EMTA
Premium257,000
PremiumTermsUSD
PremiumDateFri 14 March 2014
Tazia Smith
Director
Key Client Partners - US
Deutsche Bank Securities, Inc.
Deutsche Asset & Wealth Management
loor
E-mail:
EFTA01467999
From: Tazia Smith
Sent: 03/13/2014 10:32 AM EDT
To: "jeffrey epstein" <jeevacation@gmail.com>
Subject: Re: [C]
Classification: Confidential
Ok on it
Tazia Smith
Director
Key Client Partners - US
Deutsche Bank Securities, Inc.
gement
E-mail:
From: Jeffrey Epstein [jeevacation@gmail.com]
Sent: 03/13/2014 10:15 AM AST
To: Tazia Smith
Subject: Re: [C]
do nav trade
On Thu, Mar 13, 2014 at 9:24 AM, Tazia Smith e > wrote:
Classification: Confidential
Jeffrey -
Consider the USDRUB 1-mo binary for —25.5% (very sensitive to spot, so
EFTA01468000
indicative level, we'd work an order 26% or better).
vanilla calls for comparison,
lmth 3% OTM vanilla call is —0.57%/0.67% (12.4% / 13.25% vol)
2mth 4.25% OTM vanilla call is — 0.96%/1.08% (12.2% / 13% vol)
Nav highlights the binary below, where the payout is much cleaner. Ruble
weakens 3% (european observation)in this example, and payout is $1mm for
$255k invested:
1-MONTH USD/RUB 3% OTM BINARY CALL costs 25.4% of payout
European Digital on USD/RUB
Strike: 37.55
Payout: USD 1,000,000
Payout Ccy: USD
Expiry: Fri 11-Apr-2014
Settlement: Mon 14-Apr-2014
ZoneCut: MO
Premium: USD 255,000
Premium Date: Fri 14-Mar-2014
This Digital pays the owner USD 1,000,000 if USDRUB is above 37.55 at the
time of expiry.
Tazia Smith
Director
Key Client Partners - US
Deutsche Bank Securities, Inc.
Deutsche Asset & Wealth Management
oor
E-mail:
From: Jeffrey Epstein [jeevacation@gmail.com]
Sent: 03/13/2014 08:10 AM AST
To: Tazia Smith; Paul Morris
EFTA01468001
ruble short . lets play
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