From: Mark L. Epstein
Sent: Friday, February 2, 2018 8:05 PM
To: jeffrey E.
Subject: RE: ?

From:<=b> =effrey E. Imailto:jeevacation@gmail.coml
Sent: Friday, =ebruary 02, 2018 2:25 PM
To: Mark Epstein =
Subject: Re: =

you can short energy etf . buy inverse but puts =n soem energy stocks. etc

On Fri, =eb 2, 2018 at 1:25 PM, Mark L. Epstein <███████████████████████> wrote:

From:<=b> =effrey E. Imailto:jeevacation@gmail.com <mailto:jeevacation@gmail.com> I
Sent: Friday, =ebruary 02, 2018 1:23 PM
To: Mark Epstein
Subject: Re: =

<=o:p>

if your =unch is stock specific k you can also buy slightly out of the =oney puts. for ex stock at 48 =ou can buy april 45 puts. if you think quickly or july if =onger

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On Fri, Feb =, 2018 at 1:21PM, Mark L. Epstein <izmo@mindspring.com> =rote:

From:<=b> =effrey E. Imailto:jeevacation@g=ail.com <mailto:jeevacation@gmail.com> J =br>Sent: Friday, February 02, 2018 1:16 PM To: Mark =pstein <mailto Su=ject: Re: ?

## <=0:p> (cont.)

<o:p></o:p>

it goes up =hen sector goes down

<0:p>

On Fri, Feb =, 2018 at 1:14 PM, Mark L. Epstein <mark@epstein=rote:

From:ab> =effrey E. Imailto:jeevacation@gmail.com <mailto:jeevacation@gmail.com>
Sent: Friday, =ebruar 02 2018 1:13 PM
To: Mark Epstein
Subject: Re: =

<=0:p>

inverse = etf on energy secotr

<=o:p>

On Fri, Feb =, 2018 at 1:00 PM, Mark L. Epstein =rote:

If I wanted =o invest with the anticipation of the energy sector (oil and gas) going =own, what would be some good alternatives? =nbsp;

=nbsp; please note

The =nformation contained in this communication is confidential, may be =ttorney-client privileged, may constitute inside information, and is =ntended only for the use of the addressee. It is the property =f

JEE

Unauthorized use, disclosure or copying of =his communication or any part thereof is strictly prohibited and =ay be unlawful. If you have received this communication in error, =lease notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this =ommunication and all copies thereof, including all attachments. =opyright -all rights =eserved

<=div>

## <=0:p> (cont.)

=nbsp; please note

The =nformation contained in this communication is confidential, may be =ttorney-client privileged, may constitute inside information, and is =ntended only for the use of the addressee. It is the property =f JEE

Unauthorized use, disclosure or copying of =his communication or any part thereof is strictly prohibited and =ay be unlawful. If you have received this communication in error, =lease notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this =ommunication and all copies thereof, including all attachments. =opyright -all rights =eserved

<=div>

=nbsp; please note

The =nformation contained in this communication is confidential, may be =ttorney-client privileged, may constitute inside information, and is =ntended only for the use of the addressee. It is the property =f JEE

Unauthorized use, disclosure or copying of =his communication or any part thereof is strictly prohibited and =ay be unlawful. If you have received this communication in error, =lease notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this =ommunication and all copies thereof, including all attachments. =opyright -all rights =eserved

<=div>

-- =0:p>

please =ote

The information contained =n this communication is confidential, may be attorney-client =rivileged, may

## <=0:p> (cont.)

constitute inside information, and is intended only =or the use of the addressee. It is the property =f TEE

Unauthorized use, disclosure or copying of =his communication or any part thereof is strictly prohibited and =ay be unlawful. If you have received this communication in error, =lease notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this =ommunication and all copies thereof, including all attachments. =opyright -all rights =eserved