From: Giuffrida, David J
Sent: Thursday, October 20, 2011 9:24 PM
To: Jeffrey Epstein
Cc: Barrett, Paul S
Subject: RE: WTI
70 X 110
=/o:p>
OTC Prices
Dec contract
15nov11 expi=e
Buy 110 Call &=bsp; -$0.20
Sell 70 Put=nbsp; +$0.45<=o:p>
Net &nbs=; &=bsp; 2Sc credit
Jan contract4=>
15dec11 expire
=span style=lont-size:11.0ptfont-family:"Calibri","sans-serif- >Buy 1=0 Call -$0.40
=p class=MsoNormal>Sell 70 Put =nbsp; +$1.40
Net &=bsp; &nbs=; $1.00 credit
Exchange Prices
Dec contract
Buy 110 Call &nb=p; -$0.14
S=11 70 Put +$0=2E49
Net = &n=sp; 35c credit
EFTA_R1_00084736
EFTA01772512
Jan contract=/span>
15dec11 expire
Buy 110 Call -$.41
Sell 70 Put &nbs=; +$1.40
Net = &n=sp; $.99 credit
<1=>
From: Barrett, Paul S
Sent: Thursday, =ctober 20, 2011 4:07 PM
To: Jeffrey Epstein
Subject: W=l
=/p>
OTC Prices
=ec contract
15nov11 expire
Buy 100 Call &nbs=; -$0.40
Sell 75 Put &nb=p; +$0.90
Net &=bsp; &nbs=; 50c credit
Jan contract
15dec11 expire
Buy 100 Call &=bsp; -$1.25
Net &nbs=; &=bsp; $1.00 credit
Exchange Prices
Dec contract
2
EFTA_R1_00084737
EFTA01772513
15nov11 expi=e
Buy 100 Call &nbs=; -$0.30
Sell 75 Put&nb=p; +$0.97
Net &=bsp; &nbs=; 67c credit
<=pan style=mfont-size:11.0pt;font-family:"Calibri","sans-serif">&=bsp;
Jan contract
15dec11 expire
Buy 100 Ca=l -$1.22
Sell 75 Put = +$2.34
Net =nbsp; &nb=p; $1.12 credit
Paul Barrett, CFA
Managing Director
Global Investment Opportunities Group
JPMorgan Private Bank
&=bsp;
This communication is for informational pur=oses only. It is not intended as an offer or solicitation for the purcha=e or
sale of any financial instrument or as an official confirmation of an= transaction. All market prices, data and other
information are not warr=nted as to completeness or accuracy and are subject to change without noti=e. Any comments
or statements made herein do not necessarily reflect tho=e of JPMorgan Chase & Co., its subsidiaries and affiliates.
=0AThis transmission may contain information that is privileged, confidenti=l, legally privileged, and/or exempt from
disclosure under applicable law=2E If you are not the intended recipient, you are hereby notified that any=disclosure,
copying, distribution, or use of the information contained her=in (including any reliance thereon) is STRICTLY
PROHIBITED. Although thi= transmission and any attachments are believed to be free of any virus or =ther defect that
might affect any computer system into which it is receive= and opened, it is the responsibility of the recipient to ensure
that it i= virus free and no responsibility is accepted by JPMorgan Chase & Co., i=s subsidiaries and affiliates, as
applicable, for any loss or damage arisi=g in any way from its use. If you received this transmission in error, p=ease
3
EFTA_R1_00084738
EFTA01772514
immediately contact the sender and destroy the material in its entire=y, whether in electronic or hard copy format.
Thank you. Pl=ase refer to http://www.jpmorgan.com/pages/disclosures for disclosures=relating to European legal
entities.
4
EFTA_R1_00084739
EFTA01772515