HOUSE_OVERSIGHT_031813
txthttps://www.dropbox.com/scl/fo/9bq6uj0p ... tracking=1From: Richard Kahn
Sent: 7/13/2018 6:46:14 PM
To: jeffrey E. [
[email protected]]
Subject: Re: AVG°
Importance: High
i do not believe so..
i will look into exact trades..
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
tel I
fax
cell
On Jul 13, 2018, at 2:41 PM, jeffrey E. <
[email protected]> wrote:
Did he sell naked puts??
On Fri, Jul 13, 2018 at 2:35 PM Richard Kahn > wrote:
i believe he is married to broadcom as has he got stuck with stock on both 4,000 lots from selling puts..
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
tel
fax
cell
On Jul 13, 2018, at 2:18 PM, jeffrey E. <
[email protected]> wrote:
Again?? How many puts ? What are the alternatives. The fact tgat you iwn thd stock at a higher price is
affecting your decision. Sorry. This is judt ridiculous!!! Would you buy the stock here. ???? If you would
would you also buy puts ??? My patience is at its end
On Fri, Jul 13, 2018 at 2:13 PM Paul Barrett wrote:
HOUSE OVERSIGHT 031813
My initial recommendation this morning was to buy the $200 Aug puts. I still think that is the best idea. The
stock is now down 16% on a deal that no one fully understands. The CEO has a good track record regarding
mergers. So I think it makes sense to keep the stock and own protection for the next 35 days until we
hopefully get more clarity from management.
Paul Barrett
Alpha Group Capital LLC
142 W 57th Street, 11th Floor, New York, NY 10019
<image001.jpg>
From: jeffrey E. <
[email protected]>
Sent: Friday, July 13, 2018 1:55 PM
To: Paul Barrett < >
Cc: Richard Kahn ‹>
Subject: Re: AVGO
lye had enough! !!! Which puts ???
On Fri, Jul 13, 2018 at 1:40 PM Paul Barrett <
MillaM
> wrote:
Any thoughts on the AVGO Aug puts? Stock trading at 204.50.
Aug puts now $6.50
Paul Barrett
Alpha Group Capital LLC
142 W 57th Street, 11th Floor, New York, NY 10019
<image003.jpg>
From: Paul Barrett
Sent: Friday, July 13, 2018 9:42 AM
To: jeffrey E. <
[email protected]>; Richard Kahn <
Subject: RE:
Jeffrey
>
HOUSE OVERSIGHT 031814
I understand your frustrations and appreciate your willingness to figure out a solution. I have some ideas
which I will send you over the weekend if that is OK.
Re Broadcom: the stock is up $1.20 at $211.50. After the initial shock reaction of yesterday, there has been
a lot of focus on the cost synergies etc. but very little conviction in revenue opportunities. However until we
hear from management as to the overall intentions of the deal, uncertainty will linger.
This morning the pricing is as follows:
Aug 200 Puts cost $4.10
Sept 200 Puts cost $7.90
Earning are on 08/30. So worst case is the uncertainty lingers until then which would argue to buy the Sept
puts. However I still prefer buying the Aug puts as I would fully expect more clarity from management
before August expiry.
Paul
Paul Barrett
Alpha Group Capital LLC
142 W 57th Street, 11th Floor, New York, NY 10019
<image003.jpg>
From: jeffrey E. <
[email protected]>
Sent: Friday, July 13, 2018 7:11 AM
To: Paul Barrett <
Subject:
>; Richard Kahn <
>
Im not angry, sorry, it is sad. it is apparent that you have no experience trading. we both made a
mistake. . the spy trades were the results of a rank amatuer. . you took a postion on the direction of the
market. ok. you decided to play it extra short time and short. . why? becaue the options are cheaper.
? knowing full well that time premium was running. . first silly move. . I allowed as promised to
give you authority. . you set a target. . it hit the traget, you moved in back. based on media reporting on
trump visit? you didnt act. the market dipped and you panicked. . AMATEUR. wrong options wrong
timing , no discipline and as a percentaage of investment, a one day dip fof 25%. wanting to buy the
highter strike , is ok. but why the same month? why the same moment. why the same index. . sorry. I
have taught this for many years. and your grade is an F. not one good move in many. . re
broadcom. the crack happend in the morning, options were higher. no alternative presented. no
analysis. , this is no way to manage money. I have lost a great deal of money hoping you would be able
to do as you promised you could . would. . Had you told me, jeffrey I d like to try a new job as a
HOUSE OVERSIGHT 031815
manager lets start slow I can learn. i would be less annoyed. you told me you had great confidence knew
the risks and truly believed you would be able to raise money .do well and prosper. . If it were not
you, this would have ended months ago.. we should work on a solution. not sure yet what shape it takes.
please note
The information contained in this communication is
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please note
The information contained in this communication is
confidential, may be attorney-client privileged, may
constitute inside information, and is intended only for
the use of the addressee. It is the property of
JEE
Unauthorized use, disclosure or copying of this
communication or any part thereof is strictly prohibited
and may be unlawful. If you have received this
communication in error, please notify us immediately by
return e-mail or by e-mail to
[email protected], and
destroy this communication and all copies thereof,
including all attachments. copyright -all rights reserved
please note
The information contained in this communication is
confidential, may be attorney-client privileged, may
constitute inside information, and is intended only for
the use of the addressee. It is the property of
JEE
Unauthorized use, disclosure or copying of this
communication or any part thereof is strictly prohibited
and may be unlawful. If you have received this
communication in error, please notify us immediately by
return e-mail or by e-mail to
[email protected], and
destroy this communication and all copies thereof,
including all attachments. copyright -all rights reserved
please note
HOUSE OVERSIGHT 031816
The information contained in this communication is
confidential, may be attorney-client privileged, may
constitute inside information, and is intended only for
the use of the addressee. It is the property of
JEE
Unauthorized use, disclosure or copying of this
communication or any part thereof is strictly prohibited
and may be unlawful. If you have received this
communication in error, please notify us immediately by
return e-mail or by e-mail to
[email protected], and
destroy this communication and all copies thereof,
including all attachments. copyright -all rights reserved
HOUSE OVERSIGHT 031817