0001104186-11-000002.txt : 20110502
0001104186-11-000002.hdr.sgml : 20110502
20110502154424
ACCESSION NUMBER: 0001104186-11-000002
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110502
DATE AS OF CHANGE: 20110502
EFFECTIVENESS DATE: 20110502
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: MASTERS CAPITAL MANAGEMENT LLC
CENTRAL INDEX KEY: 0001104186
IRS NUMBER: 582440923
STATE OF INCORPORATION: GA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-05511
FILM NUMBER: 11800439
BUSINESS ADDRESS:
STREET 1: PO BOX 224229
CITY: CHRISTIANSTED
STATE: VI
ZIP: 00822
BUSINESS PHONE: 3406925102
MAIL ADDRESS:
STREET 1: PO BOX 224229
CITY: CHRISTIANSTED
STATE: VI
ZIP: 00822
13F-HR
1
t13f-0311.txt
FORM 13F - HOLDINGS REPORT
Data Field Information:
TYPE 13F-HR
PERIOD 03/31/11
FILER
CIK 0001104186
CCC mezun#8z
SUBMISSION-CONTACT
NAME Michelle Dobbins
PHONE 404-760-3427
UNITED STATES
SECRITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2011
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Masters Capital Mgmt, LLC
Address: 3060 Peachtree Road NW, Ste 1425
Atlanta, GA 30305
13F File Number:
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this submission.
Person Signing this Report on Behalf of Reporting Manager:
Name: Mike Masters
Title: Managing Member
Phone: 404-364-2019
Signature, Place, and Date of Signing:
Mike Masters Atlanta, GA May 2, 2011
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 32
Form 13F Information Table Value Total: 502,475
FORM 13F INFORMATION TABLE
TITLE OF VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN SOLE SHARED NONE
CREE INC COM 225447101 23,080 500,000 SH CALL SOLE 500,000 0 0
CREE INC COM 225447101 23,080 500,000 SH CALL SOLE 500,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 9,800 1,000,000 SH SOLE 1,000,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 9,800 1,000,000 SH CALL SOLE 1,000,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 9,800 1,000,000 SH CALL SOLE 1,000,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 9,800 1,000,000 SH CALL SOLE 1,000,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 9,800 1,000,000 SH CALL SOLE 1,000,000 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 7,455 500,000 SH CALL SOLE 500,000 0 0
GENERAL MTRS CO COM 37045V100 13,964 450,000 SH CALL SOLE 450,000 0 0
GENERAL MTRS CO COM 37045V100 15,515 500,000 SH CALL SOLE 500,000 0 0
GENON ENERGY INC COM 37244E107 1,905 500,000 SH SOLE 500,000 0 0
GOOGLE INC CL A 38259P508 58,676 100,000 SH CALL SOLE 100,000 0 0
GOOGLE INC CL A 38259P508 58,676 100,000 SH CALL SOLE 100,000 0 0
HARRIS & HARRIS GROUP INC COM 413833104 572 106,334 SH SOLE 106,334 0 0
KKR FINANCIAL HLDGS LLC COM 48248A306 9,798 1,000,800 SH SOLE 1,000,800 0 0
MARATHON OIL CORP COM 565849106 53,310 1,000,000 SH CALL SOLE 1,000,000 0 0
MEMC ELECTR MATLS INC COM 552715104 1,296 100,000 SH SOLE 100,000 0 0
MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 9,200 2,000,000 SH SOLE 2,000,000 0 0
NABORS INDUSTRIES LTD SHS G6359F103 15,190 500,000 SH CALL SOLE 500,000 0 0
NEOPHOTONICS CORP COM 64051T100 7,917 700,000 SH SOLE 700,000 0 0
NORFOLK SOUTHERN CORP COM 655844108 34,635 500,000 SH CALL SOLE 500,000 0 0
PACCAR INC COM 693718108 20,944 400,000 SH CALL SOLE 400,000 0 0
SUNTRUST BKS INC COM 867914103 7,210 250,000 SH SOLE 250,000 0 0
SUNTRUST BKS INC COM 867914103 14,420 500,000 SH CALL SOLE 500,000 0 0
SWIFT TRANSN CO CL A 87074U101 5,880 400,000 SH SOLE 400,000 0 0
TESLA MTRS INC COM 88160R101 2,775 100,000 SH SOLE 100,000 0 0
TESLA MTRS INC COM 88160R101 2,775 100,000 SH CALL SOLE 100,000 0 0
TESLA MTRS INC COM 88160R101 6,938 250,000 SH CALL SOLE 250,000 0 0
U S AIRWAYS GROUP INC COM 90341W108 8,710 1,000,000 SH CALL SOLE 1,000,000 0 0
UNITED CONTL HLDGS INC COM 910047109 17,243 750,000 SH CALL SOLE 750,000 0 0
UNITED CONTL HLDGS INC COM 910047109 22,990 1,000,000 SH CALL SOLE 1,000,000 0 0
WESTERN REFNG INC COM 959319104 9,323 550,000 SH CALL SOLE 550,000 0 0