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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA02654443: Stephen Lynch, Lynch and Southern Trust (DS11)

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Email from Amanda Ens, Director at Bank of America Merrill Lynch, dated March 29, 2017 at 11:47 AM discussing options trading strategy involving ATM calls and upside skew analysis, with contact information and confidentiality notice.

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PersonKeyword
Excerpt 1
OTM calls to help fund short dated ATM calls, which levers the relatively flat upside skew (Chart below) Amanda Ens Director Bank of America Merrill **Lynch**
Excerpt 2
Merrill **Lynch**, Pierce, Fenner & Smith Incorporated Phone > From: Ens, Amanda Sent: Wednesday, March 29, 2017 11:47 AM To: 'jeffrey E.'
Excerpt 3
Thanks, Amanda Amanda Ens Director Bank of America Merrill **Lynch** Merrill **Lynch**, Pierce, Fenner & Smith Incorporated Phone: Mobile: This message

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