<table><tr><th>From:</th><th>Paul Barrett</th></tr><tr><td>Sent:</td><td>Wednesday, April 18, 2018 1:44 PM</td></tr><tr><td>To:</td><td>Jeffrey E.</td></tr><tr><td>Subject:</td><td>Russian RUB</td></tr></table>

Jeffrey

Any thoughts on the RUB? It is down 8% since last we=k. Selling RUB puts that knock out should the RUB strengthen back to 59 lo=k interesting. Risk is that sanctions intensify causing locals to buy more=$.

Paul Barrett

Alpha Group Capital LLC