From: Barrett, Paul S IM= Sent: Friday, May 17, 2013 12:39 PM To: Jeffrey Epstein ([email protected]) Cc: Barrett Pod Subject: Energy Options =OD Jeffrey =p class="MsoNormal"> Op=ions look expensive. But my top picks remain Cabot, Tesoro, Holly and Sc=lumberger. c=p> Continental Resources (CLR) — using $84.80 =OA &=bsp; Dec 21, 2013 expiry &n=sp; 85.00 strike calls &n=sp; $8=2E50 (break-even 93.30) &n=sp; &=bsp; &nb=p; =nbsp; 90.00 strike calls =nbsp; $6.20 &=bsp; (break- even 96.20) =nbsp; Cabot Oil and Gas (COG) — using $68.25 &nbs=; Oct 19, 2013 expiry = 70.00 strike calls = &n=sp; $5.70 (break-even 75.70)<=p &=bsp; &nbs=; =nbsp; &nb=p; = 75.00 strike calls = $3.70 =nbsp; (break-even 78.70) Tesoro (TSO) R=1; using 56.65 &n=sp; = Nov 16, 2013 expiry 60.=0 strike calls =nbsp; $5.30 (break-even =5.30) = &n=sp; = &=bsp; &nb=p; 65.00 strike calls &nb=p; =nbsp; $3.60 (break-even 68.60) =OD EFTA_R1_01391456 EFTA02378831