From: Richard Kahn Sent: Wednesday, September 14, 2016 4:30 PM To: jeffrey E. Subject: Fwd: AAPL - now a good opportunity to overwrite Richard Kahn HBRK Associates Inc. 575 Lexington =venue 4th Floor New York, NY 10022 tel fax cel Begin forwarded message: From: =/b>"Ens, Amanda" Subject: =/b>AAPL - now a good =pportunity to overwrite Date: =/b>September 14, 2016 at 10:53:56 =M EDT To: qb Rich, AAPL October vols are up by about 5 =ol points from mid-August. Our trader now recommends call overwrites =selling vol). We aren't set up yet to sell options for our =ccount here but I'm happy to help if you'd like to discuss ideas. Regards, Amanda From: Ens, Amanda Sent: Tuesday, August 16, 2016 1:27 PM To: 'Richard Kahn' Subject: AAPL — Implied vols at extreme low ="evels. Replace long AAPL positions with cheap call options EFTA_R1_00103371 EFTA01783057