EFTA01368557.pdf

Also useful, below chart shows implied vol atm mid for the 2n° month futures over the last 1y: WTI N MAW elf.113."4.14,:trita, Flt ".14 *14 Sy! leeLe, W.VA. evploc vel LY1.clad vedoblrte sxo O.4‘.• bout trcoal frisamuirm:brec0....ron, "Miafild *Ca 0,741.0}40**. And below is the same chart over the last 10 years: MeMIX WTI We ovImett4 ilia mrsemtlycontiry *C I et 1 et IN x 2,00 20oT X01 Z.* 2011 a VT " MIX WTI :M ro be .<1 Mu. ',HIM "Older aanr• Ora". Star Itatal tWitel,•0411}10 iTIVead• ii•MMIS4 if eC 27, K//0.30* CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0060356 CONFIDENTIAL SDNY_GM_00206540 EFTA01368557