EFTA02642646

From: jeffrey E. <[email protected]> Sent: Wednesday, July 19, 2017 3:03 PM To: Paul Barrett Subject: Re: Euro Yes On Wed,=Jul 19, 2017 at 10:39 AM Paul Barrett > wrote: Jeffrey Tried calling. We can buy euro calls through Merrill on the ETF. It's not ideal but al= we have for now. Vol is around 7pct which is a decent level. I would start by buying 3 month 1.1700 equivalent calls on the FXE which tr=cks the EURO. Spend $100,000 to start. Controls around 10mm notional. AND: Then put on a 1.1250 x 1.1750 risk reversal on 5mm (buy the 1.1750 calls an= sell the 1.1250 puts) Solve to make it cashless. Paul Paul Barrett =C2 please note The information contained in this co=munication is confidential, may be attorney-client privileged, may c=nstitute inside information, and is intended only for the use of the ad=ressee. It is the property of JEE Unauthorized use, disclosure or co=ying of this communication or any part thereof is strictly prohibitedand 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 =11 attachments. copyright -all rights reserved --94eb2c033e2ee0d1740554acec5e-- conversation-id 37679 date-last-viewed 0 date-received 1500476568 flags 8590195713 gmail-label-ids 7 remote-id 732157 EFTA_R1_01877506 EFTA02642646