Subject: American Airlines to re-test $38... (C) From: Tazia Smith < Date: Tue, 01 Apr 2014 10:32:53 -0400 To: jeevacation8gmail.com Cc: Paul Morris < Vinit Sahni < Vahe Ste•anian Nav Gupta Classification: Confidential Jeffrey - You're currently up $995mm (net) on your American Airlines January $20 Risk Reversal. That's just b ased on current bid/offer ( as you see, market is wide, would get done better). Jan Jan 20 call -16.60/18.10 20 put -0.35/0.65 Spreadsheet attached. Indicative levels only, subject to market movement. source Bloomberg. Recall, your cost basis is $6.05 (+8.03 on the call, -1.98 on the put) (See attached file: AAL Options 4.1.14 10.20am.xml) AAL 6mo Price History (Embedded image moved to file: pic17324.gif) (Embedded image moved to file: pic23589.gif) Tazia Smith Director I Key Client Partners - US DB Securities Inc Deutsche Asset & Wealth Management 345 Park Avenue. 10154-0004 New York, NY, USA Tel. Fax Mobile Email (Embedded image moved to file: pic14176.gif) EFTA01462578