From: Jeevacation <jeevacation@gmail.com> To: Paul S Barrett Subject: Re: Take profits Date: Tue, 09 Nov 2010 22:07:51 +0000 TAke profit Sorry for all the typos .Sent from my iPhone On Nov 10, 2010, at 12:03 AM, Paul S Barrett hii wrote: 6 strike Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 40W 57th Street, 33rd Floor, New York, NY 10019 ss es) ee From: Jeevacation [mailto:jeevacation@gmail.com] Sent: Tuesday, November 09, 2010 4:59 PM To: Paul S Barrett Subject: Re: Take profits Are there options struck at 7 or 8 Sorry for all the typos .Sent from my iPhone On Nov 9, 2010, at 11:54 PM, Paul S Barrett hi wrote: | don't follow? EFTA00641634

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Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 40@W 57th Street, 33rd Floor, New York, NY 10019 ss ee From: Jeevacation [mailto:jeevacation@gmail.com] Sent: Tuesday, November 09, 2010 4:47 PM To: Paul S Barrett Subject: Re: Take profits 728? Sorry for all the typos .Sent from my iPhone On Nov 9, 2010, at 11:22 PM, Paul S Barrett (> wrote: We could sell Jan 6.00 calls on the stock (stock at 8.52 now, option premium of 2.62)......risk is if the stock goes higher the convert could underperform the stock initially (until the delta on the covert goes to 1). Also if the exchange exercises the short option we are short the stock. Paul Barrett, CFA Managing Director EFTA00641635

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Global Investment Opportunities Group 3IPMorgan Private Bank 40W 57th Street, 33rd Floor, New York, NY 10019 SE ee From: Jeffrey Epstein [mailto:jeevacation@gmail.com] Sent: Tuesday, November 09, 2010 3:59 PM To: Paul S Barrett Subject: Re: Take profits can we sell a deep in the money call against it so that the profit hits in jan On Tue, Nov 9, 2010 at 3:24 PM, Paul S Barrett > wrote: Hi Jeffrey We should take profits on the AMR Convert. Trading at 120. We are long at 100.125. Let me know. Paul Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 40W 57th Street, 33rd Floor, New York, NY 10019 ss ) (F) ee EFTA00641636

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