EFTA Document EFTA01472057

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Subject: McDonalds Indications: long ly TRS + short 100% European call [C] From: Daniel Sabba < 1.11> Date: Fri, 30 Jan 2015 13:39:16 -0500 To: jeffrey E. <jeevacation@gmail.com> Cc: Paul Morris Vahe Stepanian Richard Kahn Classification: Confidential Jeffrey, Please see below MCD ly Vols - they are much lower than LNKD or TWTR. IA on this trade would be 25% of Notional. The indications below work for $5mm notional. McDonalds ly 100% vol Southern Financial longs MCD through ly TRS:

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Dept. of Justice

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sd-10-EFTA01472057

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