From: Paul Barrett
Sent: Tuesday, March 6, 2018 6:56 PM
To: Jeffrey E.
Cc: 'Richard Kahn'
Subject: Apple Calls
Jeffrey
You are correct. DB confirmed that they will give us=2 days to buy the stock if we are exercised prior to expiry.
Chart below is interesting. Implied vols are in line=with realized after a period where implieds were —5 points higher. Are
we getting paid enough given where vol is realizing?? I am not so su=e.
Paul Barrett
Alpha Group Capital LLC
142 W 57th Street, 11th Floor,=New York, NY 10019
<=p>
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