EFTA02357187.pdf

From: Barrett, Paul S Sent: Friday, February 1, 2013 4:41 PM To: Epstein, Jeffrey ([email protected]) Cc: Ens, Amanda; Weissend, Renee E Subject: Brent options Jeffrey=/o:p> ao:p> These strikes a=e fairly wide — roughly $20 wide either side of spot. We had trade= prior options based on 100,000 bbls per maturity. =OD =OA =p class="MsoNormal">Buy call / sell put / cashless</=:p> =OD Contract 4=pan> Option Expiry =eference Rate</=> Put=strike =OD Call Strike July13 =OA 10Jun2013=/span> =p class="MsoNormal">113.504=:p> 94.00 =0A133.50 Aug13</=pan> 11Jul2013aspan> EFTA_R1_01342685 EFTA02357187 112.75=span style="font-size:11.0pt;font-family:"Calibri","san=-serif""> 92.00 =OD 133.50 =OA Se=13 =td width="160" valign="top" style="width:119.7pt;border:none;borde=-bottom:solid #7BA0CD 1.0pt;background:#D3DFEE;padding:0in 5.4pt 0in 5=2E4pt"> 12Aug2013 112.00 90.=0 133.50 =OD Paul Barrett I Managing Di=ector I Global Investment Opportunities Group I J.P. Morgan Private=Bank I 3=0 Park Avenue 14th Floor New York, NY 10022 T: NMLS I =OD This email is confidential and subject to important disclaime=s and conditions including on offers for the purchase or sale of securitie=, accuracy and completeness of information, viruses, confidentiality, lega= privilege, and legal entity disclaimers, available at http://www.jpmorg=n.com/pages/disclosures/email. 2 EFTA_R1_01342686 EFTA02357188