Re: Fw: percentages get a rea (Navf3upta, 2/4/2014)

From: Navf3upta Sent: 2/4/2014 2:02:34 PM To: Tazia Smith CC: Paul Morris j; Vinit Sahni Subject: Re: Fw: percentages get a rea om your team [C] Attachments: pic25425.gif Classification: Confidential against JE's short oil personally id buy a Sy 5-10% OTM call on WTI as a hedge because the vol is low and the fwds are are too steep. For the record i like being short oil but itrs over-priced by the fwds. what structure did you come up with? i agree with 50% us exposure. us asset