From: Barrett, Paul S
Sent: Thursday, March 8, 2012 8:48 PM
To: Epstein, Jeffrey (jeevacation@omail.com)
Cc: Giuffrida, David
Subject: Idea on BRL
Jeffrey
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Our BRL put knocked out a few week= ago. We have seen a decent selloff in BRL over the past few days and wo=ld
recommend getting long BRL through the following idea:
<1=>
1 month
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1.7600 ref<=p>
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Buy 1.7500 BR!. Call
Sell 1.750= BRL Put with a 1.9000
Cashless
We should do $5MM on this.
Paul
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Paul Barrett, CFA
Managing Director
Global Investment Opportunities Group<=o:p>
JPMorgan Private Bank
320 Park Avenue, 14th Floor, New York, NY 1=022
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