From: "Jeffrey E." <jeevacation®gmail.com>

From: "Jeffrey E." <jeevacation®gmail.com> To: Daniel Sabha Subject: Re: Follow-up stock screen for Twitter-style trade [C] Date: Wed, 11 Feb 2015 22:48:58 +0000 Inline-Images: image005.png; image006.png; image003.png; image001.png; image007.png am i missing someting or has DB recommended fcx all the way down to 50 percent of its value. ??? On Wed, Feb 11, 2015 at 6:43 PM, Daniel Sabba < > wrote: Classification: Confidential Jeffrey — is this what you are looking for? Let us know if you would like the past research reports. Daniel he:cid:[email protected] I I From: Jeffrey E. [mailto:jeevacationegmail.com Sent: Wednesday, February 11, 2015 10:13 PM To: Daniel Sabba Subject: Re: Follow-up stock screen for 1Witter-style trade [C] can you tell me what the recoomendation on fcx was in oct nov dec. I On Tue, Feb 10, 2015 at 8:32 PM, Daniel Sabba < Classification: Confidential Jeffrey, wrote: I Jay and Vahe from my team put this together to follow-up on lower priced equities for which we can implement the TWTR equity structure in either a listed or OTC structure. To start, we screened the S&P 500 with the following criteria: EFTA00864654 Share Price ($10-$20 range) Market Cap (>$10bn) Covered by DB Research The following 5 names fit the criteria: Reid: [email protected] (Note: Pricing as of close 02/09/2015) As demonstrated below, all 5 names remained in a narrow band for the earlier part of 2014. In the latter months of the year, FCX, BAC and FITS saw a significant increase in implied volatility, most notably Freeport- McMoRan (FCX). glcid:image002.png@O 1 D04591.3FE28A50 As a result of these fluctuations, listed premiums are now as follows: EFTA00864655 [email protected] ptacid:[email protected] (Note: Pricing as of close 02/09/2015) (•Premium (%) Bid/Price (Sh.)) Regards, Daniel This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. please note EFTA00864656 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 JEE 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 This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. please note 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 JEE 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 EFTA00864657