Re: Mexico (FYI) and AAPL [C]

Good Morning Jeffrey -

We are pushing for ISDA finalization today, but not there yet. Darren has been great - very responsive.

(1) MXN - as you probably saw, Mexico's central bank cut its overnight rate by 25bps to 3.50% vs. market expectatio=s of a 40bps cut. The peso rallied vs the dollar - 0.9% to 12.834 (- 12.86 last). Clearly reflects in our pending deposit plus position (updated levels below). Still like it despite the move.

(2) AAPL earnings Monday (10/28), care to put on AAPL buy-and-write today or wait?

AAPL $529.90
AAPL Jan 265 calls 264.30 x 265.80

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Best Regards,
Tazia

Source: DB Autobahn

Tazia Smith

Director I Key Client Partners - US

Deutsche Bank Securities Inc
Deutsche Asset & Wealth Management
345 Park Avenue, 26th Floor
New York, NY 10154

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lets put on the apple„ nexico less attractive now. euro s=rong.

Euro definitely shooting for your 1.40 level - EURUSD knock-in put, or =ait?

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Still do USDcJPYp risk reversal with JPY at a 97 handle, yes?<=r>

Tazia Smith
Director
Markets Coverage Group

Deutsche Bank Securities, Inc.
Deutsche Asset & Wealth Managemen=
345 Park Avenue - 26th Floor
New York, NY 10154

no, with apple lets write an out of the money, <=div>

Excellent, understo=d. Given you're setting up a repeat buy-and-write position, consider waiti=g until after the earnings catalyst to sell your calls (keep the upside po=ential for tmw, just in case).

Buy 2k shares tmw (trading —530) ah=ad of earnings post close, then sell —110% calls each month.

Tazia Smith
Director
Markets Coverage Group

Deutsche Bank=Securities, Inc.
Deutsche Asset & Wealth Management
345 Park Ave=ue - 26th Floor
New York, NY 10154