Re: Fw: a suggestion from nav april 15 [C (Nav Gupta, 13 May 2014)

Subject: Re: Fw: a suggestion from nav april 15 [C] From: Nav Gupta < Date: Tue, 13 May 2014 03:10:09 -0400 To: Tazia Smith < >, Paul Morris Cc: Vinit Sahni Classification: Confidential i showed JE 4 trades Buy lOy BTPS - he would have made 18bp in a straight line incl transaction costs Buy Nationwide CoCo - which he transacted and is up 30bp on already Buy eurusd ly put - which he would be up v small on as eurusd has moved from 1.382->1.376 A penny option (6bp of notional) tactica