Re: TO Do and Iran
EFTA00928951
ok
On Thu, Feb 2, 2012 at 6:51 PM, Barrett, Paul S < wrote:
Jeffrey
I think we should buy $1MM of the Ally Preferreds. This is the former GMAC. ABS continues to tighten which should help their business. Right now the Allys yield 11% ytw
On IRAN:
You could buy a $115 WTI call option that is contingent on the SP500 being below 1260 at maturity. Cost is 1.350% for 6 months OR
Buy credit default protection on Saudi Arabia for 145bps
Will call to discuss
Paul
Paul Barrett, CFA
Managing Director
Global Investment Opportunities Group
JPMorgan Private Bank
320 Park Avenue, 14th Floor, New York, NY 10022
(W) (F)
NMLS ID# 853441
no
On Thu, Feb 2, 2012 at 7:05 PM, Barrett, Paul S <> wrote:
What do you think of the Iran option?
Paul Barrett, CFA
Managing Director
Global Investment Opportunities Group
JPMorgan Private Bank
320 Park Avenue, 14th Floor, New York, NY 10022
(W) (F)
NMLS ID# 853441
ok
On Thu, Feb 2, 2012 at 10:40 PM, Barrett, Paul S < wrote:
Would you like to see any other Iran ideas? I do like the CDS on Saudi. Also vol has come way down and we should look at buying volatility both in equities and fx. I will send you some ideas. Paul