EFTA02423307

To: epstein, Jeffrey (jeevacation@gmail.com)]epstein, Jeffrey (jeevacation@gmail.com)]: jeevacation@gmail.com[jeevacation@gmail.com] Cc: Michael A Taormina From: Paul S Barrett Sent: Fri 8/20/2010 2:35:24 PM Subject: BP Options Hi Jeffrey We have the Aug 30 BP calls expiring today. Recap: you are long the Oct 30 calls and short the Aug 30 calls you spent a net $1.25 per contract. current bid/offer on Aug 30C is 5.95/6.05 current bid/offer on Oct 30C is 6.80/6.90 Please let me know what you would like to do. If we take everything off we get a net credit of 75c against the $1.25 initial cost. So a loss of 50c. Paul Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank EFTA_R1_01490268 EFTA02423307 40W 57th Street, 33rd Floor, New York, NY 10019 EFTA_R1_01490269 EFTA02423308