EFTA02600631.pdf

From: Paul Barrett Sent: Wednesday, July 11, 2018 2:06 PM To: Jeffrey E. Subject: RE: SPY calls 2.57 Paul Barrett Alpha Group Capital LIC 142 W 57th Street, 11th Floor, New York, NY 10019 From: Jeffrey E. <[email protected]> Sent: Wednesday, July 11, 2018 10:04 AM To: Paul Barrett Subject: Re: SPY calls where are they trading On Wed, Jul 11, 2018 at 8:49 AM, Paul Barrett wrote: Not yet. With Donald in Europe this week I thought we would get a week free of tariff threats and a market rally into Friday earnings. Futures down 50bps. Bounced off the overnight lows. Will keep you posted. EFTA_R1_01787758 EFTA02600631  Paul Barrett Alpha Group Capital LLC 142 W 57 <https://maps.google.com/?q=142+W+57&entry=gmail&source=g> th Street, 11th Floor, New York, NY 10019 From: Jeffrey E. <[email protected] <mailto:[email protected]» Sent: Wednesday, July 11, 2018 8:13 AM To: Paul Barrett Richard Kahn Subject: Re: SPY calls your target was 3 . did you sell? On Tue, Jul 10, 2018 at 3:50 PM, Paul Barrett rote: Jeffrey Aug SPY 280 calls at $3.05 (we paid $1.55). The SP500 is bumping up against 2800 which has been a big resistance level this year. If it breaks above 28001 think we could test 2840 in short order. So I am looking at the following: • Sell 350 contracts of the Aug 280 SPY calls for $3.05 • Buy 350 contracts of the Aug 284 SPY calls for $1.27 • Take $1.78 off the table and be well positioned if we break above 2800. Are you OK if I decide to do that as opposed to just taking profits? 2 EFTA_R1_01787759 EFTA02600632  Thanks Paul Paul Barrett Alpha Group Capital LLC 142 W 57 <https://maps.google.com/?q=142+W+57&entry=gmail&source=g> th Street, 11th Floor, New York, NY 10019 please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 3 EFTA_R1_01787760 EFTA02600633  please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of _WE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 4 EFTA_R1_01787761 EFTA02600634