Fw: short crude vol strategy - follow-up analysis [I (Paul Mor, 2/3/2015)RE: AAVL Trade Report 4/20/2015 [CI (Stewart Oldfield, 5/5/2015)
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EFTA Document EFTA01368557
Title Matchefta-efta01368557
Case Filesd-10-EFTA01368557Dept. of JusticeEFTA Document EFTA01368557
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Case File
sd-10-EFTA01368557Dept. of JusticeEFTA Document EFTA01368557
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Also useful, below chart shows implied vol atm mid for the 2n° month futures over the last 1y: WTI N MAW elf.113."4.14,:trita, Flt ".14 lee Le, W.VA. evploc vel LY1. clad vedoblrte sxo O.4‘.• bout trcoal frisamuirm:brec0....ron, *14 And below is the same chart over the last 10 years: MeMIX WTI We ovImett4 ilia mrsemtlycontiry *C I e t 1 e t I N x 2,00 20oT X01 Z.* " MIX WTI :M ro be .<1 Mu. ',HIM "Older aanr• Ora". Star Itatal tWitel,•0411}10 iTIVead• 2011 Sy! "Miafi
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Dept. of Justice
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sd-10-EFTA01368557
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