From: "Barrett. Paul S"
To: • Jeffrey Epstein lee "
Cc: "Giuffrida, David J"
Sent: Wednesday, Novem r . •• ••
Subject: Short dated EUR Idea
Jeffrey
We should buy a 1 month 1.3500 EUR Put with a continuous KO at 1.2800. Cost is 50bps. Vanilla cost
is 1.75%.
20MM notional would cost $100K. Then would sell a 1.41 EUR call to finance it only if we see a pop
back up to 1.3800.
Paul
Paul Barrett, CFA
Managing Director
Global Investment Opportunities Group
1PMorgan Private Bank
40W 57th Street, 33rd Floor, New York, NY 10019
(W) (F)
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