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
AIR PRODS & CHEMS INC COM 009158106 50,071 350,000 SH   SOLE 1 350,000 0 0
AIR PRODS & CHEMS INC COM 009158106 2,557 17,872 SH   SOLE   17,872 0 0
ALBEMARLE CORP COM 012653101 29,024 275,000 SH   SOLE 1 275,000 0 0
ALBEMARLE CORP COM 012653101 1,498 14,193 SH   SOLE   14,193 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 6,804 400,000 SH Call SOLE 1 400,000 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 5,103 300,000 SH   SOLE 1 300,000 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 347 20,400 SH Call SOLE   20,400 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 261 15,324 SH   SOLE   15,324 0 0
AMBARELLA INC SHS G037AX101 29,130 600,000 SH   SOLE 1 600,000 0 0
AMBARELLA INC SHS G037AX101 1,500 30,901 SH   SOLE   30,901 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 48,704 2,142,710 SH   SOLE 1 2,142,710 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 2,486 109,370 SH   SOLE   109,370 0 0
BOYD GAMING CORP COM 103304101 6,195 249,698 SH   SOLE 1 249,698 0 0
BOYD GAMING CORP COM 103304101 320 12,882 SH   SOLE   12,882 0 0
CATERPILLAR INC DEL COM 149123101 75,222 700,000 SH   SOLE 1 700,000 0 0
CATERPILLAR INC DEL COM 149123101 3,842 35,756 SH   SOLE   35,756 0 0
CF INDS HLDGS INC COM 125269100 19,572 700,000 SH Call SOLE 1 700,000 0 0
CF INDS HLDGS INC COM 125269100 464 16,600 SH Call SOLE   16,600 0 0
DELPHI AUTOMOTIVE PLC SHS G27823106 21,913 250,000 SH Call SOLE 1 250,000 0 0
DELPHI AUTOMOTIVE PLC SHS G27823106 24,104 275,000 SH   SOLE 1 275,000 0 0
DELPHI AUTOMOTIVE PLC SHS G27823106 1,113 12,700 SH Call SOLE   12,700 0 0
DELPHI AUTOMOTIVE PLC SHS G27823106 1,231 14,047 SH   SOLE   14,047 0 0
EOG RES INC COM 26875P101 18,104 200,000 SH   SOLE 1 200,000 0 0
EOG RES INC COM 26875P101 925 10,216 SH   SOLE   10,216 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 27,975 2,500,000 SH Put SOLE 1 2,500,000 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 666 59,500 SH Put SOLE   59,500 0 0
FREEPORT-MCMORAN INC CL B 35671D857 24,020 2,000,000 SH Put SOLE 1 2,000,000 0 0
FREEPORT-MCMORAN INC CL B 35671D857 572 47,600 SH Put SOLE   47,600 0 0
GENERAL DYNAMICS CORP COM 369550108 45,810 231,248 SH   SOLE 1 231,248 0 0
GENERAL DYNAMICS CORP COM 369550108 2,354 11,882 SH   SOLE   11,882 0 0
GENERAL MTRS CO COM 37045V100 43,663 1,250,000 SH Put SOLE 1 1,250,000 0 0
GENERAL MTRS CO COM 37045V100 1,037 29,700 SH Put SOLE   29,700 0 0
HALLIBURTON CO COM 406216101 17,084 400,000 SH Call SOLE 1 400,000 0 0
HALLIBURTON CO COM 406216101 871 20,400 SH Call SOLE   20,400 0 0
HALLIBURTON CO COM 406216101 34,168 800,000 SH   SOLE 1 800,000 0 0
HALLIBURTON CO COM 406216101 1,745 40,864 SH   SOLE   40,864 0 0
HUNTSMAN CORP COM 447011107 15,504 600,000 SH   SOLE 1 600,000 0 0
HUNTSMAN CORP COM 447011107 794 30,729 SH   SOLE   30,729 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 98,558 2,381,200 SH Put SOLE 1 2,381,200 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 2,351 56,800 SH Put SOLE   56,800 0 0
KEYSIGHT TECHNOLOGIES INC COM 49338L103 4,515 115,975 SH   SOLE 1 115,975 0 0
KEYSIGHT TECHNOLOGIES INC COM 49338L103 231 5,925 SH   SOLE   5,925 0 0
L3 TECHNOLOGIES INC COM 502413107 51,795 310,000 SH   SOLE 1 310,000 0 0
L3 TECHNOLOGIES INC COM 502413107 2,646 15,835 SH   SOLE   15,835 0 0
LEAR CORP COM NEW 521865204 7,104 50,000 SH   SOLE 1 50,000 0 0
LEAR CORP COM NEW 521865204 363 2,554 SH   SOLE   2,554 0 0
LOCKHEED MARTIN CORP COM 539830109 47,575 171,375 SH   SOLE 1 171,375 0 0
LOCKHEED MARTIN CORP COM 539830109 2,440 8,789 SH   SOLE   8,789 0 0
MARTIN MARIETTA MATLS INC COM 573284106 22,258 100,000 SH   SOLE 1 100,000 0 0
MARTIN MARIETTA MATLS INC COM 573284106 1,137 5,108 SH   SOLE   5,108 0 0
MASCO CORP COM 574599106 13,374 350,000 SH   SOLE 1 350,000 0 0
MASCO CORP COM 574599106 683 17,880 SH   SOLE   17,880 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 8,980 200,000 SH   SOLE 1 200,000 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 459 10,216 SH   SOLE   10,216 0 0
METHANEX CORP COM 59151K108 15,418 350,000 SH Put SOLE 1 350,000 0 0
METHANEX CORP COM 59151K108 352 8,000 SH Put SOLE   8,000 0 0
NORWEGIAN CRUISE LINE HLDGS SHS G66721104 21,987 405,000 SH   SOLE 1 405,000 0 0
NORWEGIAN CRUISE LINE HLDGS SHS G66721104 1,128 20,786 SH   SOLE   20,786 0 0
PARKER HANNIFIN CORP COM 701094104 39,955 250,000 SH   SOLE 1 250,000 0 0
PARKER HANNIFIN CORP COM 701094104 2,041 12,770 SH   SOLE   12,770 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 137,640 1,000,000 SH Put SOLE 1 1,000,000 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 3,276 23,800 SH Put SOLE   23,800 0 0
PRAXAIR INC COM 74005P104 6,628 50,000 SH   SOLE 1 50,000 0 0
PRAXAIR INC COM 74005P104 339 2,554 SH   SOLE   2,554 0 0
RAYTHEON CO COM NEW 755111507 39,563 245,000 SH   SOLE 1 245,000 0 0
RAYTHEON CO COM NEW 755111507 2,045 12,663 SH   SOLE   12,663 0 0
RIO TINTO PLC SPONSORED ADR 767204100 21,032 497,100 SH Call SOLE 1 497,100 0 0
RIO TINTO PLC SPONSORED ADR 767204100 1,075 25,400 SH Call SOLE   25,400 0 0
ROCKWELL COLLINS INC COM 774341101 63,656 605,782 SH   SOLE 1 605,782 0 0
ROCKWELL COLLINS INC COM 774341101 3,252 30,946 SH   SOLE   30,946 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 98,631 3,998,000 SH Call SOLE 1 3,998,000 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 5,038 204,200 SH Call SOLE   204,200 0 0
SILVER RUN ACQUISITION UNIT 99/99/9999 82812A202 28,543 2,672,089 SH   SOLE 1 2,672,089 0 0
SILVER RUN ACQUISITION UNIT 99/99/9999 82812A202 1,474 138,035 SH   SOLE   138,035 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102 19,373 325,000 SH   SOLE 1 325,000 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102 990 16,601 SH   SOLE   16,601 0 0
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 26,805 811,794 SH   SOLE 1 811,794 0 0
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 1,381 41,824 SH   SOLE   41,824 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 47,880 1,500,000 SH Call SOLE 1 1,500,000 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 2,442 76,500 SH Call SOLE   76,500 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 47,880 1,500,000 SH   SOLE 1 1,500,000 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 2,446 76,620 SH   SOLE   76,620 0 0
STEEL DYNAMICS INC COM 858119100 10,743 300,000 SH   SOLE 1 300,000 0 0
STEEL DYNAMICS INC COM 858119100 549 15,324 SH   SOLE   15,324 0 0
TARGA RES CORP COM 87612G101 4,520 99,999 SH   SOLE 1 99,999 0 0
TARGA RES CORP COM 87612G101 231 5,109 SH   SOLE   5,109 0 0
TEXTRON INC COM 883203101 60,250 1,279,201 SH   SOLE 1 1,279,201 0 0
TEXTRON INC COM 883203101 17,049 361,967 SH   OTR 2 361,967 0 0
TEXTRON INC COM 883203101 3,115 66,135 SH   SOLE   66,135 0 0
UNITED RENTALS INC COM 911363109 39,449 350,000 SH   SOLE 1 350,000 0 0
UNITED RENTALS INC COM 911363109 2,015 17,878 SH   SOLE   17,878 0 0
UNIVAR INC COM 91336L107 21,170 725,000 SH   SOLE 1 725,000 0 0
UNIVAR INC COM 91336L107 1,093 37,434 SH   SOLE   37,434 0 0
VULCAN MATLS CO COM 929160109 51,178 403,996 SH   SOLE 1 403,996 0 0
VULCAN MATLS CO COM 929160109 2,633 20,787 SH   SOLE   20,787 0 0
VULCAN MATLS CO COM 929160109 17,206 135,824 SH   OTR 2 135,824 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 1,935 500,000 SH Call SOLE 1 500,000 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 99 25,500 SH Call SOLE   25,500 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 11,610 3,000,000 SH   SOLE 1 3,000,000 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 595 153,716 SH   SOLE   153,716 0 0
WESTLAKE CHEM CORP COM 960413102 37,700 569,405 SH   SOLE 1 569,405 0 0
WESTLAKE CHEM CORP COM 960413102 1,939 29,293 SH   SOLE   29,293 0 0