EFTA01202451.pdf

From: Tazia Smith ‹ > To: [email protected] Cc: Nay Gupta , Vinit Sahni , Vahe Stepanian , Paul Moths Subject: Sell OTM vol on Sunedison (SUNE) [Cl Date: Thu, 15 May 2014 19:47:58 +0000 Attachments: SUNE_OMON_5.15.14.xml Inline-Images: unnamed; unnamed(l); unnamed(2) Classification: Confidential Jeffrey - Sell OTM vol on Sunedison (SUNE) spot ref 17.48 S Jul 16 puts for -$1.24, collect -7% in premium for 2 months Sunedison, preparing to spin off the semi business (next weds, 5/21), the bull case for the solar business (SUNE shares) is potential for a down the road into a yieldco. Stock is under pressure after being removed from a competitor's 'conviction buy list' last friday, then additional broad market pressure today. SUNE reports July 23. option screen shot below, spread sheet attached for you review for preferred structure. TDS EFTA01202451  SUNE US $ 1 17.48 .59 r"--". T17.47/17.481 39x10 At 15:42 Vol 9,595,276 0 17.90 H 17.90T L 16.91D Val 165.68M lar~ilirtS Templates • 9$ Actions - 97) Expiry - Öptiorfeigron - ~al SUNEDISON INC 117.48 -:;.2t5is 17.47 j 17.48 H 17.90 Lo 16.91 Volm 9595276 HV 71.81 • Calc Mode Center Strikes Exch US Corn site Ø 92) Next Earnings(EM) 08/07/14 E SI) Center Strike 83 Calls/Puts Cans 51 Puls 89 Term Structure SD Mcneyness Calls Strike i Puts r- Tial~W r Bid W1Vci Urn Ticker r-IKI AskFait IVM DM Van 15 SUNE 6/21/14 C15 2.81 3.00 2.56 65.24 .80 5 61 15.00 4: SUNE 6/21/14 P15 .44 .49 30 67.02 -.20 105 1 1) SUNE 6/21/14 C16 2.13 2.34 2.02 65.99 .70 129 261 16.00 41) SUNE 6/21/14 P16 .74 .80 .93 66.30 -.30 150 1 1) SUNE 6/21/14 C17 1.60 1.69 1.38 64.96.59 1016 123 17.00 42) SUNE 6/21/14 P17 1.16 1.21 1.22 65.35 -.41 902 1) SUNE 6/21/14 C18 1.17 1.21 1.17 65.01.48 329 18.00 41) SUNE 6/21/14 P18 1.69 1.73 1.68 64.51 -.52 232 11) SUNE 6/21/14 C19 .81 .86 .78 64.85 .38 385 19.00 44) SUNE 6/21/14 P19 2.33 2.39 2.33 64.57 -.62 115 1 .50; , 17.4, 9r, 19 Jul 14 (65d); CSize 100; IDiv .50; R .20; IFwd 17.1 11) SUNE 7/19/14 C13 4.65 5.00 4.37y 73.91.86 817 13.00 15) SUNE 7/19/14 P13 .34 .41 .39 70.86 -.13 32 12) SUNE 7/19/14 C14 3.85 .20 4.85y 70.87 .81 7997 14.00 46) SUNE 7/19/14 P14 .54i .61 .43y 68.40 -.18 4 U) SUNE 7/19/14 C1S 3.203.50 3.25 71.36 .74 5 643 15.00 41) SUNE 7/19/14 P15 awl .87 .85 67.59 -.25 315 14) SUNE 7/19/14 C16 2.592.75 3.50y 66.60 .67 1216 16.00 4) SUNE 7/19/14 P16 1.20 1.28 1.24 67.71 -.33 3346 IS) SUNE 7/19/14 C17 2.102.21 2.68y 6737 .59 139 17.00 4) SUNE 7/19/14 P17 1.661.73 1.87 66.82 -.41 202 II) SUNE 7/19/14 C18 1.69 1.75 1.74 67.15 .51 228 1022 18.00 SI) SUNE 7/19/14 P18 2.20 2.26 2.27 65.51 -.49 352 11) SUNE 7/19/14 C19 1.30 1.38 1.30 66.78 .43 2611028 19.00 Si) SUNE 7/19/14 P19 2.82 2.90 3.05 66.03 -.57 15 3 11) SUNE 7/19/14 C20 1.03 1.08 .88 67.29 .36 41 2 20.00 52) SUNE 7/19/14 P20 3.50 3.70 3.55 66.90 -.63 243 11) SUNE 7/19/14 C21 .78 .82 .81 66.29 .30 3513128 21.00 53) SUNE 7/19/14 P21 4.25 4.45 2.75y 64.75 -.71 1 e 100; IDiv .29; R .30 IFwd p Oct 14 (156d); CSize 100; IDiv .29; R .30; IFwd 17 21) SUNE 10/18/14 C15 3.80 4.40 3.70y 64.38 .72 136 15.00 54) SUNE 10/18/14 P15 1.69 1.79 1.60y 6637 -.29 1 21) SUNE 10/18/14 C16 3.50 3.85 3.80y 67.06 .66 169 16.00 SS) SUNE 10/18/14 P16 2.15 2.26 2.03y 66.20 -.34 3 22) SUNE 10/18/14 C17 3.103.30 3.30 66.39 .61 1 468 17.00 Si) SUNE 10/18/14 P17 2.68 2.79 2.87 66.67 -.39 105 Tazia Smith Director I Key Client Partners - US DB &amities Inc Deutsche Asset 8 Wealth Management 345 Park Avenue. 10154-0004 New York. NY. USA Tel. +1(212)454-2889 Fax +1(646)257-3131 Mobleää 27- 7 Email . PARSiblicirr Peep-on This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA01202452