Epstein Files Search

EFTA01773270Set 10

2011-10-134p305w

expensive providing less leverage.=o:p> Bren= calls Jan12 contract Contract ref: 106.7 31%OTM (140):0.34 40= OTM (150): 0.26 March12 contract 31%OTM (140): 0.83 40%OTM ... Gold calls Spot ref: 1,670 2 months<=o:p> 20%OTM (2000): 0.65%</=> EFTA_R1_00085962 EFTA01773270 30% OTM (2175): 0.30% 4 months<=p> 20% OTM ... OTM (2170): 0.94% 40% OTM (=340):0.55% USD calls/TRY puts Spot ref= 1.8350 2 months<=p> 10% OTM (2.02): 0.88% 20% OTM (2.20): 0.35% 4 months 10% OTM

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01773270.pdf

EFTA01123162Set 9

2015-03-2768p30,795w

positive carry trade that captures the below the breakevens 12/19/14 $200mn 3M10Y 19bp OTM central path for the 10Y sector during 01. with potentially receivers at zero net cost unlimited ... rebounding sharply 12/19/14 ATMF vs. buy $200mn 34.5bp with potentially after initial rally. OTM payers at zero net cost unlimited downside. Sell $100mn 6M10Y straddles With expectations ... back end movements remains Quiet flatteners: sell $1bn 6M Option 5s/l0s 9.5bp OTM curve cap vs. Potential for considerable bear flattening Curve steepens. 12/19/14 buy$lbn 6M 5s/10s atmf/9.5

https://www.justice.gov/epstein/files/DataSet%209/EFTA01123162.pdf

EFTA01097815Set 9

2015-09-0447p20,445w

rebounding sharply after initial 12/19/14 ATMF vs. buy $200mn 34.5bp potentially unlimited rally. OTM payers at zero net cost downside. Sell $100mn 6M10Y straddles With expectations of Fed hikes ... 175K back end movements remains Quiet flatteners: sell $1bn 6M Option 5s/10s 9.5bp OTM curve cap vs. Potential for considerable bear flattening should Curve steepens. 12/19/14 ... Sell $100mn 1Y10Y This captures the risk of bullish flattening of the Option 50bp OTM payers vs. buy curve where growth is unable to take off either Sell-off beyond

https://www.justice.gov/epstein/files/DataSet%209/EFTA01097815.pdf

EFTA01405764Set 10

2015-09-04147p21,516w

spreads at the short end: Sell $100mn 6M3Y ATMF vs. buy $200mn 34.5bp OTM payers at zero net cost Sell $100mn 6M10Y straddles vs. buy $300mn 6M3Y straddles ... premium of 175K Quiet flatteners: sell $1bn 6M 5s/lOs 9.5bp OTM curve cap vs. buy$1bn 6M 5s/lOs atmf/9.5 curve floor spread at zero cost Quiet bulls: Sell $100mn ... 1Y10Y 50bp OTM payers vs. buy $100mn 1Y10Y ATMF/33 receiver spreads costless Buy $100mn 1Y30Y receivers, struck at spot, at 1270c 6M dual digital

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01405764.pdf

EFTA01388966Set 10

2017-09-251p565w

back of the research piece: Theme 1+8: Buy a 15Dec AUDUSD 1% OTMS Put USDCAD 1% OTMS Put Dual for 8.6% Vanilla Digitals offered ... would be 17.4% instead of 8.6%) Theme 1+9: Buy a 15Dec USDJPY 1% OTMS Call USDTRY 1% OTMS Put Dual for 9.3% Vanilla Digitals offered ... Spot 112.20 / 6.6050 Theme 4: Buy a 15Dec EURCHF 1.5% OTMS Call EURSEK 1.5% OTMS Put Dual for 7.9% Vanilla Digis offered at 33.5% and 32% so zero corr offer

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01388966.pdf

EFTA01203931Set 9

2014-05-204p918w

vanilla USDINR puts Ref spot: USDINR 58.6 Maturity 9m Fwd 61.56 EFTA01203931 Strike Price % OTMS Strike (% notional) 0 58.60 1.31 1 58.01 0.92 2 57.42 0.71 Scenario Analysis for Trade ... Trade 2: Buy a 9month 1% OTM Spot USDINR put and sell a 9m 15% OTM Spot USDINR call for net zero premia Put strike: 58.08, call strike ... usdinr lower 1) buy vanilla European style USDINR puts Ref spot: 58.67 Strike Maturity % OTMS Strike

https://www.justice.gov/epstein/files/DataSet%209/EFTA01203931.pdf

EFTA01203936Set 9

2014-05-205p963w

expiry vanilla USDINR puts Ref spot: USDINR 58.6 Maturity 9m Fwd 61.56 Strike Price % OTMS Strike (% notional) 0 58.60 1.31 1 58.01 0.92 2 57.42 0.71 Scenario Analysis for Trade ... Trade 2: Buy a 9month 1% OTM Spot USDINR put and sell a 9m 15% OTM Spot USDINR call for net zero premia Put strike: 58.08, call strike ... usdinr lower 1) buy vanilla European style USDINR puts Ref spot: 58.67 Strike Maturity % OTMS Strike

https://www.justice.gov/epstein/files/DataSet%209/EFTA01203936.pdf

EFTA00703360Set 9

2014-03-132p408w

Importance: Normal Classification: Confidential Per my voicemail, consider Imo 3pct otm binary (-255k for 1mm payout) along w a 2mo 3pct otm vanilla for —108bps (10-20mm notional ... level, work an order 26% or better). vanilla calls for comparison, I mth 3% OTM vanilla call is —0.5714/0.67% (12.4% / 13.25% vol) 2mth 4.25% OTM vanilla call ... this example, and payout is Slmm for $255k invested: I-MONTH USD/RUB 3% OTM BINARY CALL costs 25.4% of payout European Digital on USD/RUB Strike: 37.55 Payout

https://www.justice.gov/epstein/files/DataSet%209/EFTA00703360.pdf

EFTA00936559Set 9

2012-06-075p633w

contract (12Nov2012 expiry) 98.60 future reference 250,000 barrels • buy 113.50 call (15.1%OTM) • sell 83.50 put (15.3% OTM) You receive $0.05/bbl ($12,500 on 250,000 barrels ... call (23.7% OTM) • sell 92 puts that only knocks in @ 65 (at expiry observation) [6.7% OTM on strike, 34% OTM on @ expiry laj You receive $0.20/bbl

https://www.justice.gov/epstein/files/DataSet%209/EFTA00936559.pdf

EFTA01809623Set 10

2012-05-313p561w

expiry) 98.60 future reference 250,000 barrels B B7 BBBBBBBB buy 113.50 call (15.1% OTM) B7 BBBBBBBB sell 83.50 put (15.3% OTM) You receive $0.05/bbl ... barrels) B B7 BBBBBBBB buy 122 call (23.7% OTM) B7 BBBBBBBB sell 92 puts that only knocks in @ 65 (at expiry observation) [6.7% OTM on strike, 34% OTM on @ expiry

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01809623.pdf

EFTA00848473Set 9

2015-08-173p666w

basket call Equally-weighted basket in USDCNH and USDKRW Strike/ Premium: ATMS / 2.51% 2.5% OTMS / 1.37% Basket cheapening to vanillas: 15% 20% Equally -weighted basket ... Strike/ Premium: ATMS / 2.20% 2.5% OTMS/ 1.28% Basket cheapening to vanillas: 17% 25% Basket performance is sum of currency performance given by USDCCY final - USDCCY initial / USDCCY final spot Payout ... Basket Performance - Strike) Strike = 0.0% for ATMS and 2.5% for 2.5% OTMS ATMS = At the money spot OTMS = Out of the money spot From: Vahe Stepanian Sent: Monday, August

https://www.justice.gov/epstein/files/DataSet%209/EFTA00848473.pdf

EFTA01467912Set 10

2014-03-142p455w

3usd out of the money put (95.5 strike) for 20cents and buy a 2usd OTM 100 call for 25. Net pay Scents. But 5d is a bit short ... expiry You could look at selling 91.50 (6usd OTM put) for 56cents EFTA01467912 and buying 103c (5.5usd OTM) for 58cents or the 102c (4.5usd OTM) for 76cents

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01467912.pdf

EFTA01385915Set 10

2014-12-191p504w

positive carry trade that captures the below the breakevens 12/19/14 $200mn 3M10Y 19bp OTM central path for the 10Y sector during Ql. with potentially receivers at zero net cost unlimited ... short end rebounding sharply 12/19/14 ATMF vs. buy $200mn34.6bp with potentially after initial rally. OTM payers at zero net cost unlimited downside. Sell $100mn 6M10Y straddles With expectations ... back end movements remains Quiet flatteners: sell $1bn 6M o ption 68/10s 9.6bp OTM curve cap vs. Potential for considerable beer flattening Curve steepens. 12/19/14 buy$1bn 6M 66/10s

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01385915.pdf

EFTA00848285Set 9

2015-08-205p760w

basket call Equally-weighted basket in USDCNH and USDKRW Strike/ Premium: ATMS / 2.51% 2.5% OTMS / 1.37% Basket cheapening to vanillas: 15% 20% Equally -weighted basket ... Strike/ Premium: ATMS / 2.20% 2.5% OTMS/ 1.28% Basket cheapening to vanillas: 17% 25% EFTA00848286 Basket performance is sum of currency performance given by USDCCY final - USDCCY initial / USDCCY final spot ... Payout = Max (0, Basket Performance - Strike) Strike = 0.0% for ATMS and 2.5% for 2.5% OTMS ATMS = At the money spot OTMS = Out of the money spot From: Vahe Stepanian Sent

https://www.justice.gov/epstein/files/DataSet%209/EFTA00848285.pdf

EFTA01362045Set 10

2016-06-051p527w

wide. Selling the 5yr5yr inflation swaps looks attractive. Buy Si 00mn 6M 2yly 25bp OTM MC Option payers vs. Sell 100mn 1Y 4Y1Y 45bp Curve flattens on a hawkish FOMC ... Curve bear steepens 9/12/14 Ott 3/11/16 -0.74 -32k OTM MC payers at zero net cost Sell $100mn 6M5Y ATMF vs. buy Rates sell off half-way Option $200mn 6M5Y ... 30bp OTM payers at Skew trades rich in a sell-off and stay there till the 9/12/14 0 bp 3/11/16 0.0 bp -2k zero net cost expiry Mid-curva

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01362045.pdf

EFTA00688012Set 9

2015-08-206p1,006w

basket call Equally-weighted basket in USDCNH and USDKRW Strike/ Premium: ATMS / 2.51% 2.5% OTMS / 1.37% EFTA00688014 Basket cheapening to vanillas: 15% 20% Equally -weighted basket ... Strike/ Premium: ATMS / 2.20% 2.5% OTMS/ 1.28% Basket cheapening to vanillas: 17% 25% Basket performance is sum of currency performance given by USDCCY final - USDCCY initial / USDCCY final spot Payout ... Basket Performance - Strike) Strike = 0.0% for ATMS and 2.5% for 2.5% OTMS ATMS = At the money spot OTMS = Out of the money spot From: Vahe Stepanlan Sent: Monday, August

https://www.justice.gov/epstein/files/DataSet%209/EFTA00688012.pdf

EFTA02474830Set 11

2018-04-112p82w

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 ... 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

https://www.justice.gov/epstein/files/DataSet%2011/EFTA02474830.pdf

EFTA01462542Set 10

2014-03-132p452w

3usd out of the money put (95.5 strike) for 20cents and buy a 2usd OTM 100 call for 25. Net pay Scents. But 5d is a bit short ... EFTA01462542 **For 35d expiry You could look at selling 91.50 (6usd OTM put) for 56cents and buying 103c (5.5usd OTM) for 58cents or the 102c (4.5usd OTM

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01462542.pdf

EFTA02472827Set 11

2018-04-112p126w

jeffrey E.' <jeevacation@gmail.com> 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 33bpsap> 250 Put (5.30% OTM) costs ... 16bps<=p> 245 Put (7.20%OTM) costs $0.22 or 8bps</=> EFTA_R1_01584945 EFTA02472827 In order of above: $100K premium controls 14MM 30MM 61MM 120MM 255/245 Put spread costs

https://www.justice.gov/epstein/files/DataSet%2011/EFTA02472827.pdf

EFTA00652275Set 9

2014-03-142p525w

3usd out of the money put (95.5 strike) for 20cents and buy a 2usd OTM 100 call for 25. Net pay Scents. But 5d is a bit short ... EFTA00652275 "For 35d expiry You could look at selling 91.50 (6usd OTM put) for 56cents and buying 103c (5.5usd OTM) for 58cents or the 102c (4.5usd OTM

https://www.justice.gov/epstein/files/DataSet%209/EFTA00652275.pdf