EFTA02372587.pdf

From: Barrett, Paul S < Sent: Friday, April 20, 2012 6:13 PM To: Epstein, Jeffrey (jeevacation@gmail.com) Cc: Ens, Amanda Subject: Oil pricing =body lang="EN-US" link="blue" vlink="purple"> Hi Jeffrey </=pan> We priced up some opti=ns on the August contract (expiring in July) Indicative pricing: =OD =OA Premiums are in Sibbl</=pan> August 2012 contract (=1Jul2012 expiry) ref 118.00 on Brent Client buys Brent calls<=o:p> 150 strike; 0=2E45 offer 175 strike; 0.40 offer 200 strike; 0.28 offer Client buys Brent call with Kl<=u> 125 strike; 3.20 offer 125 strike; 150 continuous KI; 1.50 offer 125 strike;=175 continuous KI; 0.45 offer EFTA_R1_01376698 EFTA02372587 Client buys Brent put with KI =span style="font-size:11.0pt;font-family:"Calibri","san=-serir">175 strike; 150 continuous KI; 1.60 offer 200 strike; 175 continuous=Kl; 0.45 offer We can price these up for June expiry as well if you like a particular=version. 212-622-2770 (W)&nb=p; 212-310-0108 (F) NML= ID# 853441 paul.s.barrett@jpmorgan.com<=:p> =span style="font-size:11.0pt;font-family:"Calibri","san=-serir;color:#1F497D"> =OA This e=ail is confidential and subject to important disclaimers and conditions in=luding on offers for the purchase or sale of securities, accuracy and comp=eteness of information, viruses, confidentiality, legal privilege, and leg=l entity disclaimers, available at http://www.jpmorgan.com/pages/discl=sures/email. 2 EFTA_R1_01376699 EFTA02372588