From: Sent: To: Subject: jeffrey E. <jeevacation@gmail.com> Wednesday, July 11, 2018 2:07 PM Richard Kahn Fwd: SPY calls Forwarded messa•— From: Paul Barrett Date: Wed, Jul 11, 2018 at 10:05 AM Subj=ct: RE: SPY calls To: "jeffrey E." <jeevacation@gmail.com <mailto:jeev=cation@gmailcom» 2.57 Paul Barrett Alpha Group Capital LLC 142 W 57 <https://maps.google.com/?q=142+W+57&=entry=gmail&source=g> th Street, llthasup> Floor, New York, NY 10019 =/span> From: jeffrey E. <jeevacation@gmail.com <mailto:jeevac=tion@gmail.com» Sent: Wednesday, July 11, 2018 10:04 AM To: Paul Barrett Subject: Re: SPY ca s where are they trading EFTA_R1_01787838 EFTA02600686 On Wed, Jul 11, 2018 at 8:49 AM, Paul Barrett wrote: Not yet. With Donald in Europe this week I thought w= would get a week free of tariff threats and a market rally into Friday ea=nings. Futures down 50bps. Bounced off the overnight lows. Will keep you posted. Paul Barrett Alpha Group Capital LLC 142 W 57 <https://maps.google.com/?q=142+W+57&=entry=gmail&source=g> th =treet, 11th Floor, New York, NY 10019 =u> From: jeffrey E. <jeevacation@gmail.com <mailto:jeevac=tion@gmail.com» Sent: Wednesday, July 11, 2018 8:13 AM your target was 3. did you sell? <malitc On Tue, Jul 10, 2018 at 3:50 PM, Paul Barrett wrote: Jeffrey Richard Kahn Aug SPY 280 calls at $3.05 (we paid $1.55). The SP50= is bumping up against 2800 which has been a big resistance level this yea=. If it breaks above 2800 I think we could test 2840 in short order. So l am looking at the following: 2 EFTA_R1_01787839 EFTA02600687 • Sell 350 contracts of the Aug 280 SPY calls for $3.05 • Buy 350 contracts of the Aug 284 SPY calls for $1.27 • Take $1.78 off the table and be well positioned if we break above 2800.<=u> Are you OK if I decide to do that as opposed to just=taking profits? Thanks Paul Paul Barrett Alpha Group Capital LLC 142 W 57 <https://maps.google.com/?q=142+W+57&=entry=gmail&source=g> th =treet, 11th Floor, New York, NY 10019 =u> please no=e 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 3 EFTA_R1_01787840 EFTA02600688 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 no=e 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 =AO please note The information contained in this commu=ication is confidential, may be attorney-client privileged, may cons=itute inside information, and is intended only for the use of the addre=see. It is the property of JEE Unauthorized use, disclosure or copyi=g of this communication or any part thereof is strictly prohibited a=d may be unlawful. If you have received this communication in error, pl=ase notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, a=d destroy this communication and all copies thereof, including all a=tachments. copyright -all rights reserved 4 EFTA_R1_01787841 EFTA02600689