Epstein Secrets

From: Vahe Stepanian < Sent: Wednesday, October 15, 2014 3:25 PM To: [email protected] Cc: Subject: AAL + US Airlines [C] Classification: Confidential Good M

ick update on AAL. Recall you currently hold the following position: Please let us know should you wish to hold or add to the position. Separately, Vinit / Nav's team in Lo=don is highlighting US airlines (majors specifically) per the below. To summari=e, they believe selling lm puts to monetize implied volat

From: jeffrey E. <[email protected]> Sent: Wednesday, October 15, 2014 3:33 PM To: Vahe Stepanian Subject: Re: AAL + US Airlines (Cl sell it all On Wed, Oct 15, 2014 at 11:24 AM, Vahe Stepanian «mailto. Classification: Confidential wrote: G

ick update on AAL. Recall you currently hold the following position: Please let us know should you wish to hold or add to the position. Separately, Vinit / Nav's team in London is highlighting US airlines (majors specifically) per the below. To summari=e, they believe selling lm puts to monetize implied volat

From: Vahe Stepanian Sent: Wednesday, October 15, 2014 3:48 PM To: [email protected] Cc: Subject: Re: ML + US Airlines [C] Classification: Confidential Jeffr

e following position: Please let us know should you wish to hold or add to the position. <=ont size=3> EFTA_R1_01775919 EFTA02592824 Separately, Vinit / Nav's team in London is highlighting US airlines (majors specifically) per the below. To summarize, they believe selling lm puts to monetize implied volat