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

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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
APPLE INC PUT 037833950 2,408 21,300 SH Put DFND 1 0 21,300 0
SALESFORCE COM INC PUT 79466L952 7,133 100,000 SH Put DFND 1 0 100,000 0
ISHARES TR PUT 464287954 2,738 73,100 SH Put DFND 1 0 73,100 0
ISHARES TR PUT 464287955 13,313 164,400 SH Put DFND 1 0 164,400 0
POWERSHARES QQQ TRUST PUT 73935A954 677 5,700 SH Put DFND 1 0 5,700 0
SPDR S&P 500 ETF TR PUT 78462F953 43,130 199,400 SH Put DFND 1 0 199,400 0
SPDR S&P 500 ETF TR CALL 78462F903 2,098 9,700 SH Call DFND 1 0 9,700 0
ISHARES TR PUT 464287955 1,774 30,000 SH Put SOLE   30,000 0 0
CURRENCYSHARES EURO TR PUT 23130C958 6,561 60,000 SH Put SOLE   60,000 0 0
ISHARES TR CALL 464287902 1,375 10,000 SH Call SOLE   10,000 0 0
UNITED STATES NATL GAS FUND CALL 912318901 752 90,000 SH Call SOLE   90,000 0 0