The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COM 88579Y101 1,403 10,000 SH Put SOLE None 10,000 0 0
ALCOA INC Bond 013817AT8 6,625 4,000,000 SH   SOLE None 4,000,000 0 0
ALLIANCE DATA SYSTEMS COM 018581108 657 2,500 SH   SOLE None 2,500 0 0
ALLIANCE DATA SYSTEMS CORP Bond 018581AC2 18,121 3,285,000 SH   SOLE None 3,285,000 0 0
AMAZON COM INC COM 023135106 2,991 7,500 SH Put SOLE None 7,500 0 0
AMB PROPERTY CORP Equity 74340W103 857 23,200 SH   SOLE None 23,200 0 0
APACHE CORP COM 037411105 430 5,000 SH Call SOLE None 5,000 0 0
ARCELORMITTAL SA LUXEM NY REGISTRY 03938L104 446 25,000 SH Call SOLE None 25,000 0 0
ARCELORMITTAL SA LUXEM NY REGISTRY 03938L104 892 50,000 SH Call SOLE None 50,000 0 0
ARCELORMITTAL SA LUXEM MAND CV NT 1 L0302D178 2,210 85,000 SH   SOLE None 85,000 0 0
AT&T INC COM 00206R102 155 4,400 SH   SOLE None 4,400 0 0
BANK OF AMERICA CORPOR COM 060505104 187 12,000 SH   SOLE None 12,000 0 0
BOEING CO COM 097023105 478 3,500 SH Put SOLE None 3,500 0 0
BOEING CO COM 097023105 1,365 10,000 SH Put SOLE None 10,000 0 0
BP PLC SPONSORED AD 055622104 122 2,500 SH   SOLE None 2,500 0 0
CABOT OIL & GAS CORP COM 127097103 19 500 SH   SOLE None 500 0 0
CABOT OIL & GAS CORP COM 127097103 1,163 30,000 SH Put SOLE None 30,000 0 0
CITIGROUP INC COM NEW 172967424 521 10,000 SH Call SOLE None 10,000 0 0
COSTCO WHSL CORP NEW COM 22160K105 547 4,600 SH Put SOLE None 4,600 0 0
DIAMOND OFFSHORE DRILL COM 25271C102 6 100 SH Call SOLE None 100 0 0
DIAMOND OFFSHORE DRILL COM 25271C102 357 6,272 SH   SOLE None 6,272 0 0
DIAMOND OFFSHORE DRILL COM 25271C102 569 10,000 SH Put SOLE None 10,000 0 0
ENPRO INDS INC DBCV 3.938% 29355XAB3 11,043 6,268,000 PRN   SOLE None 6,268,000 0 0
EOG RES INC COM 26875P101 839 5,000 SH Put SOLE None 5,000 0 0
FEDEX CORP COM 31428X106 1,121 7,800 SH Put SOLE None 7,800 0 0
FEDEX CORP COM 31428X106 2,157 15,000 SH Put SOLE None 15,000 0 0
FEDEX CORP COM 31428X106 4,701 32,700 SH Put SOLE None 32,700 0 0
FORD MTR CO DEL COM PAR $0.0 345370860 231 15,000 SH   SOLE None 15,000 0 0
FORD MTR CO DEL COM PAR $0.0 345370860 421 27,300 SH Put SOLE None 27,300 0 0
FREEPORT-MCMORAN COPPE COM 35671D857 574 15,200 SH Call SOLE None 15,200 0 0
GENERAL ELECTRIC CO COM 369604103 1,402 50,000 SH Put SOLE None 50,000 0 0
HORNBECK OFFSHORE SVCS COM 440543106 2,018 41,000 SH   SOLE None 41,000 0 0
INTEL CORP COM 458140100 260 10,000 SH Call SOLE None 10,000 0 0
INTEL CORP COM 458140100 260 10,000 SH Call SOLE None 10,000 0 0
INTEL CORP COM 458140100 260 10,000 SH Call SOLE None 10,000 0 0
INTEL CORP COM 458140100 1,167 44,956 SH   SOLE None 44,956 0 0
INTERNATIONAL GAME TEC COM 459902102 227 12,500 SH Put SOLE None 12,500 0 0
INTERNATIONAL GAME TEC COM 459902102 272 15,000 SH Call SOLE None 15,000 0 0
INTERNATIONAL GAME TEC COM 459902102 363 20,000 SH Put SOLE None 20,000 0 0
INTERNATIONAL GAME TEC COM 459902102 726 40,000 SH Call SOLE None 40,000 0 0
INTERNATIONAL GAME TEC COM 459902102 950 52,300 SH   SOLE None 52,300 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 290 15,500 SH   SOLE None 15,500 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 936 50,000 SH Put SOLE None 50,000 0 0
LAM RESEARCH CORP Equity 512807108 745 13,690 SH   SOLE None 13,690 0 0
LINEAR TECHNOLOGY CORP COM 535678106 456 10,000 SH Call SOLE None 10,000 0 0
LINEAR TECHNOLOGY CORP Bond 535678AC0 1,140 1,000,000 SH   SOLE None 1,000,000 0 0
MBIA INC COM 55262C100 27 2,286 SH   SOLE None 2,286 0 0
MBIA INC COM 55262C100 184 15,400 SH Put SOLE None 15,400 0 0
MICROCHIP TECHNOLOGY INC Bond 595017AB0 8,678 5,000,000 SH   SOLE None 5,000,000 0 0
MICRON TECHNOLOGY INC COM 595112103 218 10,000 SH Call SOLE None 10,000 0 0
MICRON TECHNOLOGY INC COM 595112103 218 10,000 SH Call SOLE None 10,000 0 0
MICRON TECHNOLOGY INC COM 595112103 235 10,800 SH Put SOLE None 10,800 0 0
MICRON TECHNOLOGY INC COM 595112103 544 25,000 SH Put SOLE None 25,000 0 0
MOLYCORP INC DEL COM 608753109 918 163,366 SH   SOLE None 163,366 0 0
NETFLIX INC COM 64110L106 1,841 5,000 SH Put SOLE None 5,000 0 0
NIKE INC CL B 654106103 393 5,000 SH Put SOLE None 5,000 0 0
NIKE INC CL B 654106103 393 5,000 SH Put SOLE None 5,000 0 0
NOBLE CORP PLC SHS USD G65431101 375 10,000 SH Call SOLE None 10,000 0 0
NORTHSTAR RLTY FIN COR COM 66704R100 538 40,000 SH Call SOLE None 40,000 0 0
NUANCE COMMUNICATIONS COM 67020Y100 44 2,900 SH Call SOLE None 2,900 0 0
NUANCE COMMUNICATIONS COM 67020Y100 184 12,100 SH Call SOLE None 12,100 0 0
NUANCE COMMUNICATIONS INC Equity 67020Y100 1,179 77,589 SH   SOLE None 77,589 0 0
PRICELINE COM INC COM NEW 741503403 5,231 4,500 SH Put SOLE None 4,500 0 0
RAIT FINANCIAL TRUST Bond 749227AA2 1,865 1,333,000 SH   SOLE None 1,333,000 0 0
RANGE RES CORP COM 75281A109 346 4,100 SH Put SOLE None 4,100 0 0
SOUTHWESTERN ENERGY CO COM 845467109 98 2,500 SH   SOLE None 2,500 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 929 8,000 SH Call SOLE None 8,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 923 5,000 SH   SOLE None 5,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,847 10,000 SH Call SOLE None 10,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,847 10,000 SH Put SOLE None 10,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,847 10,000 SH Put SOLE None 10,000 0 0
SPECTRA ENERGY CORP COM 847560109 36 1,000 SH   SOLE None 1,000 0 0
TESLA MTRS INC COM 88160R101 617 4,100 SH Put SOLE None 4,100 0 0
TRANSOCEAN LTD REG SHS H8817H100 247 5,000 SH Put SOLE None 5,000 0 0
TRANSOCEAN LTD REG SHS H8817H100 316 6,400 SH   SOLE None 6,400 0 0
TRANSOCEAN LTD REG SHS H8817H100 499 10,100 SH Put SOLE None 10,100 0 0
TWITTER INC COM 90184L102 32 500 SH   SOLE None 500 0 0
TWITTER INC COM 90184L102 159 2,500 SH Put SOLE None 2,500 0 0
TWITTER INC COM 90184L102 318 5,000 SH Put SOLE None 5,000 0 0
UNITED CONTL HLDGS INC COM 910047109 227 6,000 SH Put SOLE None 6,000 0 0
UNITED RENTALS INC Bond 911363AL3 13,999 2,000,000 SH   SOLE None 2,000,000 0 0
UNITED RENTALS INC NOTE 4.000% 911363AL3 20,998 3,000,000 PRN   SOLE None 3,000,000 0 0
UNITED STATES NATL GAS UNIT PAR $0. 912318201 414 20,000 SH Call SOLE None 20,000 0 0
UNITED STATES STL CORP COM 912909108 295 10,000 SH Put SOLE None 10,000 0 0
WHOLE FOODS MKT INC COM 966837106 578 10,000 SH Put SOLE None 10,000 0 0
YAHOO INC COM 984332106 20 500 SH Put SOLE None 500 0 0
YAHOO INC COM 984332106 84 2,082 SH   SOLE None 2,082 0 0
YAHOO INC COM 984332106 404 10,000 SH Put SOLE None 10,000 0 0
YAHOO INC COM 984332106 404 10,000 SH Put SOLE None 10,000 0 0