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

From: "Jeffrey E." <jeevacation®gmail.com> To: Paul Barrett Subject: Re: Euro Date: Wed, 19 Jul 2017 15:02:48 +0000 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 all 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 tracks 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 and sell the 1.1250 puts) Solve to make it cashless. Paul Paul Barrett 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 jeevacation®gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA01039892