📄 Extracted Text (243 words)
paul„ call me in fly „ I want to reveiw portfolio. we are still down
On Tue, Nov 15, 2011 at 3:56 PM, Barrett, Paul S c > wrote:
Hi Jeffrey
We bought 2.5MM out of 10MM SGD around 1.2750. It has sold off 1.0% since then. We should add
another $2.5MM in the below options structure.
Bearish usd / bullish sgd seagull
2 months
1) buys usd put / sgd call spread @ 1.28 vs 1.25
2) sells usd call / sgd put @ 1.3100
Cashless
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Paul Barrett, CFA
Managing Director
Global Investment Opportunities Group
JPMorgan Private Bank
40W 57th Street, 33rd Floor, New York, NY 10019
(F)
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