EFTA01831202

To: epstein, Jeffrey (jeevacation@gmail.comllepstein, Jeffrey (jeevacation@gmail.com)]: jeevacationt>gmailcombeevacation@gmaitcom] From: Paul S Barrett Sent: Thur 12/9/2010 4:06:07 PM Subject: Oil We can sell the 90 oil call that expires next week for 30,000. Was cashless upfront. New risk reversal would be: Aug2011 contract 100 Call 81.25 Put Or 105 Call 77.25 Put Both cashless I like the r strategy Paul Barrett, CFA Managing Director EFTA_R1_00208068 EFTA01831202 Global Investment Opportunities Group JPMorgan Private Bank 40W 57th Street, 33rd Floor, New York, NY 10019 (W) (F) EFTA_R1_00208069 EFTA01831203