From: Paul Barrett Sent: Tuesday, March 6, 2018 6:56 PM To: Jeffrey E. Cc: 'Richard Kahn' Subject: Apple Calls Jeffrey You are correct. DB confirmed that they will give us=2 days to buy the stock if we are exercised prior to expiry. Chart below is interesting. Implied vols are in line=with realized after a period where implieds were —5 points higher. Are we getting paid enough given where vol is realizing?? I am not so su=e. Paul Barrett Alpha Group Capital LLC 142 W 57th Street, 11th Floor,=New York, NY 10019 <=p> 1 EFTA_R1_01644465 EFTA02511890