Epstein Secrets

.1% 21.1% 87.9% 76.3% 71.9% ASS1 3.2% 13.8% 84.4% 701% 61.6% HSI 4.2% 17.7% 83.6% 692% 64.0% WISE 3.4% 13.2% 83.3% 69.7% 60.5% KOSPI2 2.8% 11.9% 78.1% 71.1% 71.6% NIFTY 3.4% 14.0% 72.6% 71.6% 73.6% NKY 62% 26.2% 71.6% 50.3% 47.0% S&P500 at all-time highs but net 'b

O WWI Octineseatt I:J*4406w ISJU-Sh,WWIll Europe: Cheap upside in laggard stocks with bearish positioning Buy Oct16 - 110%F calls on VIE FP STAN LN Al FP ISE SQ and MUV2 GY for an average price of 2.37% (ref C19.39 C96.03 C6.02 £6.087 and f148.7 respectively): • The 5 names screen as the most attra

short open interest is high vs. other stocks in our list, suggesting the stocks may outperform in a potential market squeeze higher. • Air Uquide (Al FP) screens inexpensive in our earnings implied move ranking (table in next section) • Light exotic implementation: Oct16 110%F call on an equally wt

% 2M 25d-Call KOSPI2 (14.2%) NIFTY (12.2%) 1.16 98% ° Source: BofA Merrill Lynch Global Research 5% * Index universe includes the ASX200, HSCEI, HSI, KOSPI2, NIFTY, NKY, TWSE, SPX and SX5E a a oo a a a ee mid level implied vol ise] iss} o oO D o ise] D o ise] D o ise] oO > Sao 7 SYN FT EH FEY FOS Source:

30 Dec-16 call spread Buy GLD 116/124/130 Dec-16 call spread collar Buy TLT 123/132/137 Dec-16 call spread collar Buy Oct16 110%f calls on VIE FP, Al FP, IBE SQ, STAN LN 18-Jul- and MUV2 GY Buy an Oct16 110%F call on an equally weighted basket {quanto EUR) Buy 0.895x V2X Oct 21 puts, sell 1x VIX Oc

t Level Table 5: Volatility measures of major Asian indices (data as of 5-Aug-16) Korean structured product issuance increased to US$1.9bn in July: KOSPI2-linked products dominated Korean auto-callable product issuance ticked up last month, with a total of USS 1.9bn notional issued, vs. USS 1.6bn total

future, short V2X Jan-17 future Buy a 6M ATM worst-of call on XLP & GLD Buy a 6M ATM worstof {SPX put, GLD call} Buy Oct16 110%f calls on VIE FP, Al FP, IBE SQ, STAN LN and MUV2 GY Buy an Oct16 110%F call on an equally weighted basket (quanto EUR) Buy TLS 25-Aug16 95% puts Buy CSL 25-Aug-16 95% pu