EFTA01453879

From: Nay Gupta SeM: 4/21/2014 3:02:51 PM To: Tazia Smith CC: Paul Morris j unit Sahni Subject: Re: Jeffrey - latest prices with suggested sizes - Nay [I] I'm sure he would but of course. Let's chat after I price some ideas up tmrw On 21 Apr 2014, at 19:59, "Tazia Smith" < wrote: Classification: For internal use only great - i agree with (2). can you highlight to him? he won't want to hear it from me, just you! <0.220.gif> Tazia Smith Director I Key Client Partners - US DB Securities Inc Deutsche Asset & Wealth Management 345 Park Avenue, 10154-0004 New York, NY, USA Tel. +1(212)454-2889 Fax +1(646)257-3131 Mobile +1 1 3274107 Email <0.C62.gif> Nav Gupta-04/21/2014 02:43:46 PM---The qns are I ) do we think usdjpy can exceed 103 his approx break even from current valuation before may 1st and 2) is it worth From: To: Cc: Date: Suktioct:Re: Jeffrey - latest prices with suggested sizes - Nay [I] The qns are 1) do we think usdjpy can exceed 103 his approx break even from current valuation before maylst and 2) is it worth spending more money on the same bet by rolling his option longer. 1). Spot is 102.60. 103 isn't far away. In the next month I don't see any obvious CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0111725 CONFIDENTIAL SONY GM_00257909 EFTA01453879