📄 Extracted Text (256 words)
From: Paul Morris cza
To: "Jeffrey Epstein" <[email protected]>
Subject: Fw: Trade Report 3/13/14 - WTI Zero Cost Risk Reversal [C]
Date: Fri, 14 Mar 2014 01:03:26 +0000
Importance: Normal
Inline-Images: graycol.gif
Classification: Confidential
There is nothing more important to me than you and leon we have to get this right, we can talk tomorrow
'Tazia Smith
--- Original Message ----
Pram: Tazia Smith
Sent: 03/13/2014 06:01 PM EDT
To: 'Jeffrey epstein' [email protected]>
Ce: Paul Morris; Vinit Sahni; Nay Gupta; Vahe Stepanian; 'Jean Anne Wiebracht [Jeanie]' >, 'Rich
Kahn' c ,>
Subject: Trade Report 3/13/14 - WTI Zero Cost Risk Reversal (C]
Classification: Confidential
Jeffrey -
As discussed, today you executed the following:
Underlying: Jun14 WTI
Bloomberg code: CLM4 <comdty>
RMS Counterparty code: SOFL
SOFL buys $101 call
SOFL sells $93.5 put
Premium: Zero
Notional: 100,000 bbls on each leg
Both legs knock out if on any day CLM4 fixes below $20/bbl.
Initial Margin = 13%
Tazia Smith
Director
Key Client Partners - US
Deutsche Bank Securities, Inc.
Deutsche Asset & Wealth Management
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