From: Tazia Smith ‹ > To: [email protected] Cc: Nay Gupta , Vinit Sahni , Vahe Stepanian , Paul Moths Subject: Sell OTM vol on Sunedison (SUNE) [Cl Date: Thu, 15 May 2014 19:47:58 +0000 Attachments: SUNE_OMON_5.15.14.xml Inline-Images: unnamed; unnamed(l); unnamed(2) Classification: Confidential Jeffrey - Sell OTM vol on Sunedison (SUNE) spot ref 17.48 S Jul 16 puts for -$1.24, collect -7% in premium for 2 months Sunedison, preparing to spin off the semi business (next weds, 5/21), the bull case for the solar business (SUNE shares) is potential for a down the road into a yieldco. Stock is under pressure after being removed from a competitor's 'conviction buy list' last friday, then additional broad market pressure today. SUNE reports July 23. option screen shot below, spread sheet attached for you review for preferred structure. TDS EFTA01202451