From: "Barrett. Paul S" To: • Jeffrey Epstein lee " Cc: "Giuffrida, David J" Sent: Wednesday, Novem r . • • • • Subject: Short dated EUR Idea Jeffrey We should buy a 1 month 1.3500 EUR Put with a continuous KO at 1.2800. Cost is 50bps. Vanilla cost is 1.75%. 20MM notional would cost $100K. Then would sell a 1.41 EUR call to finance it only if we see a pop back up to 1.3800. Paul Paul Barrett, CFA Managing Director Global Investment Opportunities Group 1PMorgan Private Bank 40W 57th Street, 33rd Floor, New York, NY 10019 (W) (F) This email is confidential and subject to important disclaimers and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal privilege, and legal entity disclaimers, available at http://wwwjpmorgan.com/pages/disclosurestemail. EFTA_R1_00029886 EFTA01740519