EFTA01907513

To: Jeffrey Epstein 'eevacation gmail.com Cc: Ens, Amanda From: Barrett, Paul Sent: Tue 2/5/2013 8:35:28 PM Subject: RE: OK I did send some last week (see below). Are these strikes wide enough? Jeffrey These strikes are fairly wide — roughly $20 wide either side of spot. We had traded prior options based on 100,000 bbls per maturity. Buy call / sell put / cashless Contract Option Expiry Reference Rate Put strike Call Strike July13 10Jun2013 113.50 94.00 133.50 Aug13 11Jul2013 112.75 92.00 133.50 Sep13 12Aug2013 112.00 90.00 133.50 Paul Barrett I Managing Director I Global Investment Opportunities Group 13.P. Morgan Private Bank 320 Park Avenue, 14' Floor, New York, NY 10022 I T: (212) 622-2770 I F: (212) 310.0108 I paul.s.barrettemorgan.com I NMI-5 ID* 853441 EFTA_R1_00341518 EFTA01907513 From: Jeffrey Epstein [mailto:[email protected]] Sent: Tuesday, February 05, 2013 3:31 PM To: Barrett, Paul S Subject: lets look at a variety of oil cashless spreads. The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00341519 EFTA01907514