EFTA Document EFTA01461681

Date

Unknown

Source

Dept. of Justice

Reference

sd-10-EFTA01461681

Pages

Persons

Integrity

Loading PDF viewer...

Summary

Download Original PDF Save PDF

Ask AI About This Document

0upvotesShare

Post Reddit

Save Post Watch Review This Document

Extracted Text (OCR)

EFTA Disclosure

Text extracted via OCR from the original document. May contain errors from the scanning process.

From: Tazia Smith Sent: 5/20/2014 3:20:04 PM To: jeevacation@gmail.com CC: Paul Morris [ j; Nay Gupta Vahe Stepan ian Subject: Fw: Jeffrey - Two 9month expiry Rupee option trades + historical charts Attachments: pic00362.gif; pic05194.gif; pic09013.gif; pic24446.gif; pic28785.jpg; pic10593.jpg; pic17321.jpg; pic19508.jpg; pic30811.jpg; pic32442.jpg; pic30353.jpg; pic11234.jpg; pic15457.jpg; pic09407.jpg; pic23679.gif; pic26466.gif; pic25151.gif; pic18762.gif; pic20148.gif; pic02692.gif; pic16346.gif; pic16058.jpg; pic06628.jpg; pic09147.jpg; pic03109.jpg; pic31045.jpg; pic22073.jpg; pic19478.jpg; pic05957.jpg; pic30352.jpg; pic00154.jpg; pic27506.gif; pic19956.gif; pic17276.gif ; Vinit Sahni Jeffrey - Traders' view is that accurate history on the option itself (9mo ATM usopimRc, for example) doesn't exist given the forward points, vol, liquidity, etc backdated inputs would not be accurate. That said, I've included the 6 and 12mo ATM USDINR implied vol history here to provide some context of historical relative value. Bloomberg is pretty accurate historically for G10 currencies, for INR it's bit off, but will give you a sense: As of 8/28/13 (USDINR high of 68.825 spot), bloomberg suggests the ATM 9mo USDcINRp would cost 5.01% (see screenshot below). Going back to 5/20/13 when spot was at it's 52wk low (rupee strength vs uso) of 55.1137, the 9mo ATM USDCINRD cost —1.65% according to Bloomberg. This compares to the present —1.3% vs. 58.60 spot that Nay laid out. 6mo USDINR ANT Implied vol History (Embedded image moved to file: pic00362.gif) lyr USDINR AMR Implied Vol History (Embedded image moved to file: pic0S194.gif) 9mo ATM uSDcINRp as of 8/28/13 = 551k premium vs. Slmm notional (Embedded image moved to file: pic09013.gif) 9mo ATM USDcINRp as of 5/20/13 = 516.6k premium vs. Slmm notional (Embedded image moved to file: pic24446.gif) used with permission of Bloomberg Finance LP Forwarded by Tazia smith/db/dbcom on 05/20/2014 02:03 PM (Embedded (Embedded image moved to file: pic10593.jpg) image moved Nay Gupta/db/dbcom@DBEMEA to file: pic28785.jp g) CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 123859 CONFIDENTIAL SDNY_GM_00270043 EFTA01461681

Technical Artifacts (2)

View in Artifacts Browser

Email addresses, URLs, phone numbers, and other technical indicators extracted from this document.

Domainpic28785.jp

Emailjeevacation@gmail.com

Related Documents (6)

Dept. of JusticeOtherUnknown

EFTA Document EFTA01469245

Subject: Re: Banco Espirito continued From: Nav Gupta .ffi Date: Tue, 01 Jul 2014 10:39:04 -0400 To: Cc: Paul Morris Vinit Sahni Tazia Smith Classification: Confidential Banco Espirito has 3 issues 1. it is in trouble with regulators after it funded its cash position by issuing bills and bonds to retail and institutional clients who has entrusted funds to the bank on a discretionary basis.market participants worry about the firms ability to raise capital. 2. it has a large exposure

16p

Dept. of JusticeOtherUnknown

EFTA Document EFTA01447371

From: Tazia Smith Sent: 5/20/2014 3:20:04 PM To: jeevacation@gmail.com CC: Paul Morris • Nay Gupta Vinit Sahni Vahe Stepanian Subject: w: a rey - wo mon expiry Rupee option trades + historical charts Attachments: pic1S66S.gif; pic19398.gif; pic20490.gif; pic09185.gif; pic29796.jpg; pic05364.jpg; pic23148.jpg; pic15425.jpg; pic18681.jpg; pic29018.jpg; pic07434.jpg; pic14895.jpg; pic05651.jpg; pic27806.jpg; pic24009.gif; pic20880.gif; pic28503.gif; pic32224.gif; pic24857.gif; pic30

Dept. of JusticeOtherUnknown

EFTA Document EFTA01462373

Subject: GE [C] From: Tazia Smith < Date: Fri, 31 Jan 2014 10:02:55 -0500 To: jeevacation@gmail.com Cc: Paul Morris > Classification: Confidential ...Not sexy, but consider adding to your GE here -$25.23 (recall you own 23k shs at $21.57, or -$580k worth). Sold off after earnings, believe re-rating is done and it heads back >$27. (Embedded image moved to file: pic29640.gif) Used with permission of Bloomberg Finance LP (Embedded image moved to file: pic07892.gif) Tazia Smith Directo

Dept. of JusticeOtherUnknown

EFTA Document EFTA01466726

Subject: Re: Jeffrey - Mexico -> MBONO 30y look interesting [C] From: Vinit Sahni czi > Date: Tue, 14 Jan 2014 09:01:13 -0500 To: Paul Morris Vahe Stepanian Classification: Confidential Let me get back to desk we shud do better now Original Message From: Paul Morris Sent: 01/14/2014 08:59 AM EST To: Vinit Sahni; Vahe Stepanian Subject: Re: Jeffrey - Mexico -> MBONO 30y look interesting [C] Classification: Confidential je called me and said go ahead Paul Morris Managing Directo

19p

Dept. of JusticeOtherUnknown

EFTA Document EFTA01461707

From: Tazia Smith Sent: 5/20/2014 3:20:04 PM To: jeevacation@gmail.com CC: Paul Morris el; Nay Gupta Vinit Sahn Vahe Stepanian Subject: Fw: Jeffrey - Two 9month expiry Rupee option trades + historical charts Jeffrey - Traders' view is that accurate history on the option itself (9mo ATM USDpINRc, for example) doesn't exist given the forward points, vol, liquidity, etc backdated inputs would not be accurate. That said. I've included the 6 and 12mo ATM USDINR implied vol history her

Dept. of JusticeOtherUnknown

EFTA Document EFTA01467298

Subject: Fw: MXN Spot Rate on the January Monthly Statement (I] From: Tazia Smith .c > Date: Tue, 25 Feb 2014 13:12:15 -0500 To: Paul Morris < > Classification: For internal use only FYI Forwarded by Tazia Smith/db/ on 02/25/2014 01:12 PM From: Howard S Allen/db/ To: Tazia Smith/db/ . Cc: Josie Hall/db/ , Vahe Stepanian/db/ Zbynek Kozelsky/db/ Date: 02/25/2014 01:07 PM Subject: Re: Fw: MXN Spot Rate on the January Monthly Statement (I] Classification: For internal use only

Forum Discussions

This document was digitized, indexed, and cross-referenced with 1,400+ persons in the Epstein files. 100% free, ad-free, and independent.

Donate More ways to support →

Annotations powered by Hypothesis. Select any text on this page to annotate or highlight it.