From: jeffrey E. <[email protected]> Sent: Wednesday, July 11, 2018 12:13 PM To: Paul Barrett; Richard Kahn Subject: Re: SPY calls your target was 3 . did you sell? On Tue, Jul 10, 2018 at 3=50 PM, Paul Barrett < w=ote: Jeffrey <mailto Aug SPY 280 calls at $3.05 (we paid $1.55). The SP50= is bumping up against 2800 which has been a big resistance level this yea=. If it breaks above 2800 I think we could test 2840 in short order. So I =m looking at the following: • Sell 350 contracts of the Aug 280 SPY calls for $3.05 • Buy 350 contracts of the Aug 284 SPY calls for $1.27 • Take $1.78 off the table and be well positioned if we break above 2800= Are you OK if I decide to do that as opposed to just=taking profits? Thanks Paul Paul Barrett Alpha Group Capital LLC EFTA_R1_01792445 EFTA02603317