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 991 6,900 SH Put DFND 1 0 6,900 0
SALESFORCE COM INC PUT 79466L952 8,167 99,000 SH Put DFND 1 0 99,000 0
ISHARES TR PUT 464287954 2,927 74,300 SH Put DFND 1 0 74,300 0
ISHARES TR PUT 464287955 10,463 134,900 SH Put DFND 1 0 134,900 0
POWERSHARES QQQ TRUST PUT 73935A954 755 5,700 SH Put DFND 1 0 5,700 0
SPDR S&P 500 ETF TR PUT 78462F953 35,998 152,700 SH Put DFND 1 0 152,700 0
SPDR S&P 500 ETF TR CALL 78462F903 53,608 227,400 SH Call DFND 1 0 227,400 0
SPDR S&P 500 ETF TR CALL 78462F903 11,315 48,000 SH Call SOLE   48,000 0 0
SPDR S&P 500 ETF TR PUT 78462F953 7,355 31,200 SH Put SOLE   31,200 0 0