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Epstein File EFTA01801283: Barrett (DS10)

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Email from Paul S. Barrett to Jeffrey Epstein dated January 5, 2011, discussing an oil trading strategy. Barrett proposes a replacement for an oil risk reversal involving a call-spread with a 7.5% maximum return, shorting a 92 WTI put with a knock-in at 71 on a cashless basis, indicating financial advisory or investment discussion between the parties.

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Excerpt 1
From: **Barrett**, Paul S Sent: Wednesday, January 5, 2011 7:52 PM To: jeffrey epstein Subject: Oil Idea Jeffrey As a replacement for our oil risk reversal
Excerpt 2
call-spread (7.5% max-return) Short a 92 WTI put, with Knock-In: 71 cashless Paul =span style="font-size:11.0pt;font-fanmily:"Calibri","sans-serif">=nbsp; Paul **Barrett**

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