0001104186-11-000003.txt : 20110815 0001104186-11-000003.hdr.sgml : 20110815 20110815160514 ACCESSION NUMBER: 0001104186-11-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110815 DATE AS OF CHANGE: 20110815 EFFECTIVENESS DATE: 20110815 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: 111036258 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-0611.txt FORM 13F - HOLDINGS REPORT Data Field Information: TYPE 13F-HR PERIOD 06/30/11 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: June 30, 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 August 15, 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: 31 Form 13F Information Table Value Total: 374,163 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 ACME PACKET INC COM 004764106 14,026 200,000 SH CALL SOLE 200,000 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 29,320 1,000,000 SH CALL SOLE 1,000,000 0 0 ARUBA NETWORKS INC COM 043176106 2,955 100,000 SH CALL SOLE 100,000 0 0 CON-WAY INC COM 205944101 3,881 100,000 SH SOLE 100,000 0 0 DELTA AIR LINES INC DEL COM NEW 247361702 11,463 1,250,000 SH SOLE 1,250,000 0 0 F5 NETWORKS INC COM 315616102 11,025 100,000 SH CALL SOLE 100,000 0 0 FORTINET INC COM 34959E109 5,458 200,000 SH CALL SOLE 200,000 0 0 FUSION-IO INC COM 36112J107 3,009 100,000 SH SOLE 100,000 0 0 GENERAL MTRS CO *W EXP 07/10/201 37045V118 880 41,103 SH SOLE 41,103 0 0 GENERAL MTRS CO *W EXP 07/10/201 37045V126 655 41,103 SH SOLE 41,103 0 0 HARRIS & HARRIS GROUP INC COM 413833104 1,283 250,000 SH SOLE 250,000 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 26,370 1,000,000 SH CALL SOLE 1,000,000 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 26,370 1,000,000 SH CALL SOLE 1,000,000 0 0 MARATHON OIL CORP COM 565849106 15,990 500,000 SH CALL SOLE 500,000 0 0 MEMC ELECTR MATLS INC COM 552715104 1,706 200,000 SH CALL SOLE 200,000 0 0 MGIC INVT CORP WIS COM 552848103 1,785 300,000 SH SOLE 300,000 0 0 MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 7,336 1,518,900 SH SOLE 1,518,900 0 0 MORGAN STANLEY COM NEW 617446448 11,505 500,000 SH CALL SOLE 500,000 0 0 MORGAN STANLEY COM NEW 617446448 11,505 500,000 SH CALL SOLE 500,000 0 0 MORGAN STANLEY COM NEW 617446448 46,020 2,000,000 SH CALL SOLE 2,000,000 0 0 MORGAN STANLEY COM NEW 617446448 23,010 1,000,000 SH CALL SOLE 1,000,000 0 0 NABORS INDUSTRIES LTD SHS G6359F103 12,320 500,000 SH CALL SOLE 500,000 0 0 NEOPHOTONICS CORP COM 64051T100 4,844 700,000 SH SOLE 700,000 0 0 POLYCOM INC COM 73172K104 3,215 100,000 SH CALL SOLE 100,000 0 0 U S AIRWAYS GROUP INC COM 90341W108 8,910 1,000,000 SH CALL SOLE 1,000,000 0 0 U S AIRWAYS GROUP INC COM 90341W108 5,346 600,000 SH CALL SOLE 600,000 0 0 UNITED CONTL HLDGS INC COM 910047109 11,315 500,000 SH CALL SOLE 500,000 0 0 UNITED CONTL HLDGS INC COM 910047109 22,630 1,000,000 SH CALL SOLE 1,000,000 0 0 VALERO ENERGY CORP NEW COM 91913Y100 6,393 250,000 SH CALL SOLE 250,000 0 0 VALERO ENERGY CORP NEW COM 91913Y100 25,570 1,000,000 SH CALL SOLE 1,000,000 0 0 WESTERN REFNG INC COM 959319104 18,070 1,000,000 SH CALL SOLE 1,000,000 0 0