To: epstein, jeffrey (jeevacation@gmail.com)[epstein, jeffrey (jeevacation@gmail.com)]; jeevacation@gmail.com[jeevacation@gmail.com]

Cc: Jeffrey M Matusow
From: Paul S Barrett
Sent: Mon 8/9/2010 3:08:02 PM
Subject: Wheat

Hi Jeffrey

Tried calling your 212 number.

Jeff M mentioned you may have some interest in wheat. Let me know if you need anything.

We bought some 600 puts on the Dec10 contract last week. Paid 2.90%. Implied vol around 44%.

Paul

Paul Barrett, CFA

Managing Director

Global Investment Opportunities Group

JPMorgan Private Bank

40W 57th Street, 33rd Floor, New York, NY 10019

212-622-2770 (W) 212-310-0108 (F)