From: Paul Barrett < Sent: Tuesday, July 24, 2018 7:07 PM To: Jeffrey E. Cc: Richard Kahn Subject: One more We are long an SPX vs Russell outperformance option =hat expires on August 17th . We spent $143,000 back in ea=ly June. Unwind is $150,000. I would like to take it off. I think unless w= get big earnings beats from FB and AMZN, the SPX will likely give back some of the gains vs Small Cap. GOOG had gre=t numbers and the SPX couldn't hold onto the gains. Paul Barrett Alpha Group Capital LLC 142 W 57th Street, 11th Floor,=New York, NY 10019 (o) (c) <=p> <mailto 1 EFTA_R1_01793854 EFTA02604073