EFTA00936559.pdf

From: Jeffrey Epstein <[email protected]> To: "Barrett, Paul S" < Subject: Re: SP500 and Apple Notes Date: Thu, 07 Jun 2012 15:53:15 +0000 ok On Thu, Jun 7, 2012 at 11:50 AM, Barrett, Paul S < wrote: Jeffrey I think we should use the $3MM proceeds from the Chevron note in Haze to invest in the Apple note below. As long as Apple finishes above 460 in lyear you get a 18.50% coupon. Paul Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 320 Park Avenue, 14th Floor, New York, NY 10022 From: Barrett, Paul S Sent: Wednesday, June 06, 2012 10:28 AM To: 'Jeffrey Epstein' Cc: Giuffrida, David J Subject: SP500 and Apple Notes EFTA00936559 12M SPX CBEN 1. 80% barrier (at expiry), 5% contingent coupon, 14.75% cap — UBS 2. 72.5% barrier (daily close), 10% contingent coupon, 10% Cap — DB 3. 80% barrier (daily close), 15% contingent coupon, 15% cap — JPM 12M AAPL CBEN 1. 80% barrier (at expiry), 18.5% contingent coupon, 18.5% Cap — CS, indicative pricing Will call to discuss Paul Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 320 Park Avenue, 14th Floor, New York, NY 10022 From: Giuffrida, David ] Sent: Wednesday, June 06, 2012 9:58 AM To: Jeffrey Epstein Cc: Barrett, Paul S Subject: refreshed Brent pricing Jeffrey, EFTA00936560 Refreshed Brent upside ideas below. Will send equity upside ideas shortly. Bullish Brent risk reversals December 2012 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) • buy 122 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 ($50,00 on 250,000 barrels) From: Giuffrida, David ] Sent: Thursday, May 31, 2012 3:40 PM To: 'Jeffrey Epstein' Cc: Barrett, Paul S Subject: refreshed pridng Oil slightly lower now, refreshed pricing below: NYMEX is closed right now so we may have to work an order. Bullish Brent risk reversals EFTA00936561 December 2012 contract (12Nov2012 expiry) 100.35 futures reference 250,000 barrels • buy 120 call • sell 80 put You receive $0.02/bbl ($5,000 on 250,000 barrels) January 2012 contract (11Dec2012 expiry) 100.25 futures reference 250,000 barrels • buy 120 call • sell 80 put You receive $0.04/bbl ($10,000 on 250,000 barrels) From: Giuffrida, David ] Sent: Thursday, May 31, 2012 1:49 PM To: Jeffrey Epstein Cc: Barrett, Paul S Subject: Brent pricing Jeffrey, Bullish Brent risk reversals December 2012 contract (12Nov2012 expiry) 100.95 futures reference 250,000 barrels (double current position size on the September contract) • buy 120 call EFTA00936562  • sell 80 put Net cost $0.03/bbl ($7,500 on 250,000 barrels) This compares to cost of $0.24/bbl on the futures options ($60,000) Paul had to step off for Jury duty. Please let me know if you have any questions and I'll call you. David J. Giuffrida Morgan I Global Investment Opportunities Group 320 Park Avenue, 14th Floor New York, NY 10022 This email is confidential and subject to important disclaimers and conditions including on offers for the urchasc or sale of securities accuracy and completeness of information, viruses, confidentiality, legal privilege, and legal entity disclaimers, available at The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation®gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00936563