RE: bullish expression of single stocks [CI ill (Paul Morris, 6/10/2015)

Ernm: Stewar ld Sent: 6/10/2015 lila Iv i To: Paul Morris ; Daniel Sabba l l Subject: RE: bullish expression of single stocks [CI ill Classification: For Internal use only Primary benefits are worst-of structure which can't be replicated with vanilla options and the barrier which gives better protection vs. long stock/short call. From: Paul Morris Sent: Wednesday, June 10, 2015 12:12 PM To: Stewart Oldfield; Daniel Sabba Subject: FW: bullish expression of single stocks [C] [I] Cla