Epstein Secrets

:38 AM Subject: RE: Levered plays on BASF, Allianz and Volkswagen [C] To: "jeffrey E." <jeevacation ail.com> Cc: Vahe Ste anian • Arian Dw er , Richard Kahn Classification: Confidential , Paul Morris We received the quanto USD prices for 3m 100% calls and 6m 90% calls. They work for a notional of USD

om> Cc: Vahe Ste anian • Arian Dw er , Richard Kahn Classification: Confidential , Paul Morris We

A. Quanto call options (denominated in USD). - The idea is to benefit on the performance in local currency in USD, without the need to hedge for EUR FX. B. In-the-money vanilla call-options (denominated in EUR). - The goal is to purchase options whose premium is mostly composed by intrinsic value

10:38 AM Subject: RE: Levered plays on BASF, Allianz and Volkswagen [C] To: "jeffrey E." <jeevacation :mail.com> Cc: Vahe St anian Arian Dw er , Richard Kahn Classification: Confidential Jeffrey, , Paul Morris We received the quanto USD prices for 3m 100% calls and 6m 90% calls. They work for a notiona

l.com> Cc: Vahe St anian Arian Dw er , Richard Kahn Classification: Confidential Jeffrey, , Paul M

A. Quanto call options (denominated in USD). - The idea is to benefit on the performance in local currency in USD, without the need to hedge for EUR FX. B. In-the-money vanilla call-options (denominated in EUR). - The goal is to purchase options whose premium is mostly composed by intrinsic value

6.15 Regards, Daniel From: Daniel Sabba Sent: Tuesday, April 14, 2015 10:38 AM To: 'jeffrey E.' Cc: Vahe Stepanian; Ariane Dwyer; Paul Morris; 'Richard Kahn' Subject: RE: Levered plays on BASF, Allianz and Volkswagen [C] Classification: Confidential Jeffrey, We received the quanto USD prices for 3m 100

rris , Vahe Ste anian , Ariane Dwyer , Richard Kahn Subject: RE: Levered plays on BASF, Allianz and

A. Quanto call options (denominated in USD). - The idea is to benefit on the performance in local currency in USD, without the need to hedge for EUR FX. B. In-the-money vanilla call-options (denominated in EUR). - The goal is to purchase options whose premium is mostly composed by intrinsic value

From: Daniel Sabba To: "jeffrey E." <jeevacationggmail.com> CC: Vahe Ste mnian , Richard Kahn < Subject: RE: Levered plays on BASE Allianz and Volkswagen [C] Date: Tue, 14 Apr 2015 14:38:24 +0000 >, Ariane Dwyer , Paul Morris Classificati

acationggmail.com> CC: Vahe Ste mnian , Richard Kahn < Subject: RE: Levered plays on BASE Allianz and

. A. Quanto call options (denominated in USD). - The idea is to benefit on the performance in local currency in USD, without the need to hedge for EUR FX. B. In-the-money vanilla call-options (denominated in EUR). - The goal is to purchase options whose premium is mostly composed by intrinsic value

ahe Stepanian; Ariane Dwyer; Paul Morris; Richard Kahn Subject: Levered plays on BASF, Allianz and Volk

From: Daniel Sabba Sent: Monday, April 13, 2015 2:41 PM To: 'Jeffrey E.' Cc: Vahe Stepanian; Ariane Dwyer; Paul Morris; Richard Kahn Subject: Levered plays on BASF, Allianz and Volkswagen [C] Classification: Confidential Jeffrey, This is a first cut of what we are looking at fo

it. A. Quanto call options (denominated in USD). The idea is to benefit on the performance in local currency in USD, without the need to hedge for EUR FX. B. In-the-money vanilla call-options (denominated in EUR). The goal is to purchase options whose premium is mostly composed by intrinsic value to

Daniel From: Daniel Sabba Sent: Monday, April 13, 2015 2:41 PM To: 'jeffrey E.' Cc: Vahe Stepanian; Ariane Dwyer; Paul Morris; Richard Kahn Subject: Levered plays on BASF, Allianz and Volkswagen [C] Classification: Confidential Jeffrey, This is a first cut of what we are looking at fo

ahe Stepanian; Ariane Dwyer; Paul Morris; Richard Kahn Subject: Levered plays on BASF, Allianz and Volk

. A. Quanto call options (denominated in USD). - The idea is to benefit on the performance in local currency in USD, without the need to hedge for EUR FX. B. In-the-money vanilla call-options (denominated in EUR). - The goal is to purchase options whose premium is mostly composed by intrinsic value

EFTA01472886 Daniel From: Daniel Sabba Sent: Tuesday, April 14, 2015 10:38 AM To: 'jeffrey E.' Cc: Vahe Stepanian; Ariane Dwyer; Paul Morris; 'Richard Kahn' Subject: RE: Levered plays on BASF, Allianz and Volkswagen [C] Classification: Confidential Jeffrey, We received the quanto USD prices for 3m 100

ahe Stepanian Ariane Dwyer Paul Morris Richard Kahn Classification: Confidential Jeffrey, Refreshe

edit. A. Quanto call options (denominated in USD). The idea is to benefit on the performance in local currency USD, without the need to hedge for EUR FX. B. In-the-money vanilla call-options (denominated in EUR). in The goal is to purchase options whose premium is mostly composed by intrinsic val