From: Paul Barrett
Sent: Wednesday, April 11, 2018 7:23 PM
To: Jeffrey E.
Subject: Puts
20th April expiry
260 Put (1.52% OTM) costs $1.89 or 71bps<=p>
255 Put (3.41%OTM) costs $0.88 or 33bps<=p>
250 Put (5.30%OTM) costs $0.43 or 16bps<=p>
245 Put (7.20% OTM) costs $0.22 or 8bps</=>
In order of above:
$100K premium controls
14MM
30MM
61MM
120MM
255/245 Put spread costs 66c for a max return of 15.=5x
Paul Barrett
Alpha Group Capital LLC
1
EFTA_R1_01587689
EFTA02474830
2
EFTA_R1_01587690
EFTA02474831