EFTA00846931.pdf

From: Paul Barrett <I To: Jeffrey E. <[email protected]> CC: Richard Kahn Subject: Update Date: Fri, 29 Jun 2018 22:17:48 +0000 Inline-Images: irnage003.jpg Hi Jeffrey 1. Our $3MM Kindred 8% 2020 bonds were called for value next week. I think we should find something similar to replace it. If you agree, I will provide some ideas. 2. I am still holding the Aug 280 SPY calls. Recall we paid $1.55. It traded in a $1.20 - $1.80 range today. It closed at $1.22 as the market gave back gains into the close. This week was the 3rd largest US equity outflow ever. A small reversal of these flows at the start of Q3 next week will hopefully provide a good selling opportunity. 3. I will continue to seek pre-approval for all trades and keep a detailed P/1and rationale for the next 10 ideas as discussed. Please confirm that I can take a position off in case I don't get a quick reply from you and the market is moving. 4. Also I think it makes sense to continue participating in syndicate deals at MS. We generally sell within the first few hours. VW +$140K. Please confirm if you would like me to continue. I would not bother you with every deal. Best, Paul Paul Barrett Alpha Group Capital LLC th th work, NY 10019 EFTA00846931