Epstein Secrets

From: Vahe Stepanian <O> To: "Jeffrey E." ‹ > CC: Daniel Sabba , Ariane Dwyer , Paul Mon-is Stewart Oldfield , Richard Kahn Subject: USDKRW [C] Date: Tue, 22 Sep

ial (SOFL) buys low strike and sells high strike Collars are premium neutral, in which SOFL buys the call option and sells the put option (quoted as Call Strike / Put Strike ) Reverse Knock Out (RKO) call options give SOFL the option to buy USD / sell KRW at strike as long as USDKRW remains below barrier t

From: Vahe Stepanian Sent: 9/22/2015 4:16:55 PM To: jeffrey E. [[email protected]) CC: Daniel Sabba ' e Dwyer Stewart Oldfield Richard Kahn Subject: USDKRW

ial (SOFL) buys low strike and sells high strike Collars are premium neutral, in which SOFL buys the call option and sells the put option (quoted as Call Strike / Put Strike ) Reverse Knock Out (RKO) call options give SOFL the option to buy USD / sell KRW at strike as long as USDKRW remains below barrier t

From: Vahe Stepanian Sent: 10/15/2015 8:11.13 AM To: Jeffrey E. CC: Daniel Sabba • Ariane Dwyer • Paul Morris Stewart Oldfield I I; Richard Kahn Subject: Revi

ial (SOFL) buys low strike and sells high strike Collars are premium neutral, in which SOH. buys the call option and sells the put option (quoted as Call Strike / Put Strike ) Reverse Knock Out (RKO) call options give SOFL the option to buy USD / sell KRW at strike as long as USDKRW remains below barrier t