From: jeffrey E. <jeevacation@gmail.com>
Sent: Friday, May 20, 2016 2:04 PM
To: Richard Kahn
Subject: Re: Oil

dollars

On Fri, May 20, 2016 at 9:51 AM, Richard Kahn <redacted> wrote:

dollars or barrells
please advise<=div>
thank you

Richard Kahn

HBRK Associates Inc.

On May 20, 2016, at 9:44 AM, jeffre= E. <jeevaca=ion@gmail.com <mailto:jeevacation@gmail.com»

wrote:

50 mil notiona=

On Fri= May 20, 2016 at 9:35 AM, Richard Kahn < wrote:

is their a notional of WTI barrels on each leg i should use f=r this quote? also confirming we are purchasing calls and selling puts=for cashless trade (risk reversal)

please advise<=div>

Richard Kahn

HBRK Associates Inc.

On May 20, 2016, at 9:22 AM, jeffre= E. <jeevaca=ion@gmail.com <mailto:jeevacation@gmail.com» wrote:

get a spread s=eet on cashless oil 50 calls . 3=month 6 month , 55 calls 6 months

9 mo=ths i will need by 12

plea=e note

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and

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=A0 please note

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## please note

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## JEE

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