From: Paul Barrett Sent: Friday, March 2, 2018 5:01 PM To: jeffrey E. Subject: RE: Re: ok Paul Barrett Alpha Group Capital LLC 142 W 57th Street, 11th Floor, New York, NY 10019 From: jeffrey E. [mailto:jeevacation@gmail.com] Sent: Friday, March 02, 2018 12:01 PM To: Paul Barret Subject: Re: Re: free in 1 hr On Fri, Mar 2, 2018 at 11:59 AM, Paul Barrett wrote: Let's discuss the USD and U.S credit. Foreigners were huge buyers of US IG credit because they could hedge out the FX and still make a lot more than what their local bonds were paying. Not anymore. Could result in a huge drop in demand for US credit. Therefore buying credit protection on CDX IG is something I am looking at. EFTA_R1_01647847 EFTA02514316 Paul Barrett Alpha Group Capital LLC 142 W 57 <https://maps.google.com/?q=142+W+57&entry=gmail&source=g> th Street, 11th Floor, New York, NY 10019 From: jeffrey E. [mailto:jeevacation@gmail.com <mailto:jeevacation@gmail.com> Sent: Friday, Ma To: Paul Barrett Subject: Re: Re: no, we might do covered calls. for ex. . On Fri Mar 2 2018 at 11:45 AM Paul Barrett wrote: York, NY 10019 You want to buy vol at these levels? Paul Barrett Alpha Group Capital LLC 142 W 57 <https://maps.google.com/?q=142+W+57&entry=gmail&source=g> th Street, 11th Floor, New 2 EFTA_R1_01647848 EFTA02514317 From: Jeffrey E. [mailto:jeevacation@gmail.com <mailto:jeevacation@gmail.com> ] Sent: Friday, March 02, 2018 11:44 AM To: Paul Barrett Subject: Re: i never like selling puts. it is a sucker play, limited upside with unlimited down. On Fri, Mar 2, 2018 at 11:42 AM, Paul Barrett wrote: You have 2 mins? I am pricing: Buying 260/250 SPY put spreads 1/1.5x — cashless. Selling puts on Raytheon, GD, Lockheed and Northrop Paul Barrett Alpha Group Capital LLC Richard Kahn 142 W 57 <https://maps.google.com/?q=142+W+57&entry=gmail&source=g> th Street, 11th Floor, New York, NY 10019 3 EFTA_R1_01647849 EFTA02514318 Richard Kahn From: Jeffrey E. [mailto:jeevacation@gmail.com <mailto:jeevacation@gmail.com> ] Sent: Friday, March 02, 2018 11:39 AM To: Paul Barrett Subject: we should start looking at options market , premiums getting high 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 <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 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 4 EFTA_R1_01647850 EFTA02514319 return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 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 <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 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 <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 5 EFTA_R1_01647851 EFTA02514320