WTI Jun14 You buy call, strike 110 You sell put, strike X 100 lots on each leg Costless package Both legs knock out if WTI Jun14 setttles below $20/bbl on any day during the trade Jun14 ref 97.65 X=86.0 WTI Jun14 You buy call, strike 105 You sell put, strike X 100 lots on each leg Costless package Both legs knock out if WTI Jun14 setttles below $20/bbl on any day during the trade Jun14 ref 97.65 X=90.25 From. Jeffrey Epstein leevacationgeomall.com, To. Tazia Smittildb/dbcomODBAMERICAS. nate. 03/14/2014 12:29PM Subject. Re: Zero Cost WTI Collar 101/94.25. Jun spot ref 97.60 [I) we should extend out the strikes 110 88 etc On Fri, Mar 14, 2014 at 12:11 PM, Tazia Smith < Classification: For internal use only wrote: Jeffrey - Current indicative offer on the same June14 zero cost is 101/94.25 WTI Jun14 You buy call, strike 101 You sell put, strike X 100 lots on each leg Costless package Both legs knock out if WTI Jun14 setttles below $20/bbl on any day during the trade Jun14 ref 97.60 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 110778 CONFIDENTIAL SDNY_GM_00256962 EFTA01453259