EFTA01472057.pdf
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Subject: McDonalds Indications: long ly TRS + short 100% European call [C]
From: Daniel Sabba < 1.11>
Date: Fri, 30 Jan 2015 13:39:16 -0500
To: jeffrey E. <[email protected]>
Cc: Paul Morris
Vahe Stepanian
Richard Kahn
Classification: Confidential
Jeffrey,
Please see below MCD ly Vols — they are much lower than LNKD or TWTR. IA on
this trade would be 25% of Notional. The indications below work for $5mm
notional.
McDonalds ly 100% vol
Southern Financial longs MCD through ly TRS:
SF pays lmL+75bps to receive total return
$0.03 commission in and out, optional early termination
applicable, monthly resets
Southern Financial shorts MCD ly 100% European calls:
DB bids 5.25%
Vol: 17%
Regards,
Daniel
Daniel Sabba
Key Client Partners
EFTA01472057
Deutsche Bank Securities Inc.
Email
EFTA01472058
ℹ️ Document Details
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7c1313305acebb3b2a4f576a9e31867a5510fcb32f350d1993a39e586560189f
Bates Number
EFTA01472057
Dataset
DataSet-10
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document
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2
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