EFTA02472827.pdf

From: Paul Barrett Sent: Wednesday, April 11, 2018 7:32 PM To: Jeffrey E. Subject: RE: Puts May 18th expiry Paul Barrett Alpha Group Capital LLC 142 W 57th Street, 11th Floor,=New York, NY 10019 From: Paul Barrett Sent: Wednesday, April 11, 2018 3:23 PM To: 'jeffrey E.' <[email protected]> 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 $0.43 or 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 66c for a max return of 15.=5x Paul Barrett Alpha Group Capital LLC 142 W 57th Street, 11th Floor,=New York, NY 10019 2 EFTA_R1_01584946 EFTA02472828