EFTA02490654.pdf

From: Paul Barrett <IMEIMM I Sent: Friday, June 29, 2018 10:18 PM To: jeffrey E. Cc: Richard Kahn Subject: Update Hi Jeffrey 1. Our $3MM Kindred 8% 2020 bonds were called for value next week. I thi=k we should find something similar to replace it. If you agree, I will pro=ide some ideas. 2. I am still holding the Aug 280 SPY calls. Recall we paid $1.55. It tr=ded in a $1.20. $1.80 range today. It closed at $1.22 as the market gave =ack gains into the close. This week was the 3rd largest US equity outflow ever. A small reversal of=these flows at the start of Q3 next week will hopefully provide a good sel=ing opportunity. 3. I will continue to seek pre-approval for all trades and keep a detail=d P/I_ and rationale for the next 10 ideas as discussed. Please confirm tha= I can take a position off in case I don't get a quick reply from you and the market is moving. 4. Also I think it makes sense to continue participating in syndicate de=Is at MS. We generally sell within the first few hours. YTD +$140K. Pl=ase confirm if you would like me to continue. I would not bother you with every deal. Best, Paul Paul Barrett 1 EFTA_R1_01611785 EFTA02490654 Alpha Group Capital LLC 2 EFTA_R1_01611786 EFTA02490655