EFTA01772512

From: Giuffrida, David J Sent: Thursday, October 20, 2011 9:24 PM To: Jeffrey Epstein Cc: Barrett, Paul S Subject: RE: WTI 70 X 110 =/o:p> OTC Prices Dec contract 15nov11 expi=e Buy 110 Call &=bsp; -$0.20 Sell 70 Put=nbsp; +$0.45<=o:p> Net &nbs=; &=bsp; 2Sc credit Jan contract4=> 15dec11 expire =span style=lont-size:11.0ptfont-family:"Calibri","sans-serif- >Buy 1=0 Call -$0.40 =p class=MsoNormal>Sell 70 Put =nbsp; +$1.40 Net &=bsp; &nbs=; $1.00 credit Exchange Prices Dec contract Buy 110 Call &nb=p; -$0.14 S=11 70 Put +$0=2E49 Net = &n=sp; 35c credit EFTA_R1_00084736 EFTA01772512 Jan contract=/span> 15dec11 expire Buy 110 Call -$.41 Sell 70 Put &nbs=; +$1.40 Net = &n=sp; $.99 credit <1=> From: Barrett, Paul S Sent: Thursday, =ctober 20, 2011 4:07 PM To: Jeffrey Epstein Subject: W=l =/p> OTC Prices =ec contract 15nov11 expire Buy 100 Call &nbs=; -$0.40 Sell 75 Put &nb=p; +$0.90 Net &=bsp; &nbs=; 50c credit Jan contract 15dec11 expire Buy 100 Call &=bsp; -$1.25 Net &nbs=; &=bsp; $1.00 credit Exchange Prices Dec contract 2 EFTA_R1_00084737 EFTA01772513 15nov11 expi=e Buy 100 Call &nbs=; -$0.30 Sell 75 Put&nb=p; +$0.97 Net &=bsp; &nbs=; 67c credit <=pan style=mfont-size:11.0pt;font-family:"Calibri","sans-serif">&=bsp; Jan contract 15dec11 expire Buy 100 Ca=l -$1.22 Sell 75 Put = +$2.34 Net =nbsp; &nb=p; $1.12 credit Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank &=bsp; This communication is for informational pur=oses only. It is not intended as an offer or solicitation for the purcha=e or sale of any financial instrument or as an official confirmation of an= transaction. All market prices, data and other information are not warr=nted as to completeness or accuracy and are subject to change without noti=e. Any comments or statements made herein do not necessarily reflect tho=e of JPMorgan Chase & Co., its subsidiaries and affiliates. =0AThis transmission may contain information that is privileged, confidenti=l, legally privileged, and/or exempt from disclosure under applicable law=2E If you are not the intended recipient, you are hereby notified that any=disclosure, copying, distribution, or use of the information contained her=in (including any reliance thereon) is STRICTLY PROHIBITED. Although thi= transmission and any attachments are believed to be free of any virus or =ther defect that might affect any computer system into which it is receive= and opened, it is the responsibility of the recipient to ensure that it i= virus free and no responsibility is accepted by JPMorgan Chase & Co., i=s subsidiaries and affiliates, as applicable, for any loss or damage arisi=g in any way from its use. If you received this transmission in error, p=ease 3 EFTA_R1_00084738 EFTA01772514 immediately contact the sender and destroy the material in its entire=y, whether in electronic or hard copy format. Thank you. Pl=ase refer to http://www.jpmorgan.com/pages/disclosures for disclosures=relating to European legal entities. 4 EFTA_R1_00084739 EFTA01772515