s package Both legs knock out if WTI Jun14 setttles below $20/bbl on any day during the trade Jun14 ref 97.60 X=94.25 Initial Margin: 13% From. Taira Smita To. jeveacationeemaireem. Cc: Vinit Sahni Nay Gupti . Paul Morns. Vaho Stopania Date: 00/14201410.07 AM Subject: Zero Cost WTI Collar 101/94.