0001104186-12-000001.txt : 20120215 0001104186-12-000001.hdr.sgml : 20120215 20120215154009 ACCESSION NUMBER: 0001104186-12-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120215 DATE AS OF CHANGE: 20120215 EFFECTIVENESS DATE: 20120215 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: 12615914 BUSINESS ADDRESS: STREET 1: 3060 PEACHTREE ROAD NW STREET 2: SUITE 1425 CITY: ATLANTA STATE: GA ZIP: 30305 BUSINESS PHONE: 4043642019 MAIL ADDRESS: STREET 1: 3060 PEACHTREE ROAD NW STREET 2: SUITE 1425 CITY: ATLANTA STATE: GA ZIP: 30305 13F-HR 1 t13f-1211.txt FORM 13F - HOLDINGS REPORT Data Field Information: TYPE 13F-HR PERIOD 12/31/11 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: December 31, 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 February 15, 2012 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: 37 Form 13F Information Table Value Total: 373,749 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 CON-WAY INC COM 205944101 2,916 100,000 SH CALL SOLE 100,000 0 0 CON-WAY INC COM 205944101 2,916 100,000 SH SOLE 100,000 0 0 CREDIT SUISSE GROUP SPONSORED ADR 225401108 23,480 1,000,000 SH CALL SOLE 1,000,000 0 0 CREDIT SUISSE GROUP SPONSORED ADR 225401108 46,960 2,000,000 SH CALL SOLE 2,000,000 0 0 DELTA AIR LINES INC DEL COM NEW 247361702 4,045 500,000 SH CALL SOLE 500,000 0 0 DELTA AIR LINES INC DEL COM NEW 247361702 12,135 1,500,000 SH SOLE 1,500,000 0 0 GENERAL MTRS CO *W EXP 07/10/201 37045V118 505 43,058 SH SOLE 43,058 0 0 GENERAL MTRS CO *W EXP 07/10/201 37045V126 337 43,058 SH SOLE 43,058 0 0 GENWORTH FINL INC COM CL A 37247D106 13,100 2,000,000 SH SOLE 2,000,000 0 0 HARRIS & HARRIS GROUP INC COM 413833104 2,076 600,000 SH SOLE 600,000 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 3,918 241,100 SH CALL SOLE 241,100 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 8,125 500,000 SH CALL SOLE 500,000 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 12,188 750,000 SH CALL SOLE 750,000 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 6,500 400,000 SH SOLE 400,000 0 0 METLIFE INC COM 59156R108 3,121 100,100 SH CALL SOLE 100,100 0 0 METLIFE INC COM 59156R108 7,951 255,000 SH SOLE 255,000 0 0 MGIC INVT CORP WIS COM 552848103 9,325 2,500,000 SH SOLE 2,500,000 0 0 MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 6,285 1,500,000 SH SOLE 1,500,000 0 0 MORGAN STANLEY COM NEW 617446448 15,130 1,000,000 SH CALL SOLE 1,000,000 0 0 MORGAN STANLEY COM NEW 617446448 15,130 1,000,000 SH CALL SOLE 1,000,000 0 0 MORGAN STANLEY COM NEW 617446448 15,130 1,000,000 SH CALL SOLE 1,000,000 0 0 NABORS INDUSTRIES LTD SHS G6359F103 5,202 300,000 SH SOLE 300,000 0 0 NEOPHOTONICS CORP COM 64051T100 5,267 1,150,000 SH SOLE 1,150,000 0 0 OVERSEAS SHIPHOLDING GROUP I COM 690368105 1,093 100,000 SH CALL SOLE 100,000 0 0 OVERSEAS SHIPHOLDING GROUP I COM 690368105 5,465 500,000 SH CALL SOLE 500,000 0 0 OVERSEAS SHIPHOLDING GROUP I COM 690368105 3,927 359,312 SH SOLE 359,312 0 0 REGIONS FINANCIAL CORP NEW COM 7591EP100 172 40,000 SH PUT SOLE 40,000 0 0 TESLA MTRS INC COM 88160R101 13,280 465,000 SH SOLE 465,000 0 0 U S AIRWAYS GROUP INC COM 90341W108 2,535 500,000 SH CALL SOLE 500,000 0 0 U S AIRWAYS GROUP INC COM 90341W108 12,675 2,500,000 SH SOLE 2,500,000 0 0 UNITED CONTL HLDGS INC COM 910047109 18,870 1,000,000 SH CALL SOLE 1,000,000 0 0 UNITED STATES OIL FUND LP UNITS 91232N108 19,055 500,000 SH PUT SOLE 500,000 0 0 UNITED STATES OIL FUND LP UNITS 91232N108 19,055 500,000 SH PUT SOLE 500,000 0 0 VALERO ENERGY CORP NEW COM 91913Y100 21,050 1,000,000 SH CALL SOLE 1,000,000 0 0 VALERO ENERGY CORP NEW COM 91913Y100 21,050 1,000,000 SH CALL SOLE 1,000,000 0 0 WELLS FARGO & CO NEW COM 949746101 6,890 250,000 SH CALL SOLE 250,000 0 0 WELLS FARGO & CO NEW COM 949746101 6,890 250,000 SH CALL SOLE 250,000 0 0