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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADT INC DEL COM 00090Q103   1,302,400 160,000 SH   SOLE   160,000 0 0
AGNC INVT CORP COM 00123Q104   958,000 100,000 SH Call SOLE   100,000 0 0
AGNC INVT CORP COM 00123Q104   53,360,600 5,570,000 SH Put SOLE   5,570,000 0 0
AKAMAI TECHNOLOGIES INC NOTE 0.125% 5/0 00971TAJ0   9,881,816 9,920,000 PRN   SOLE   9,920,000 0 0
ALPHABET INC CAP STK CL A 02079K305   1,515,472 9,800 SH Put SOLE   9,800 0 0
ALPHABET INC CAP STK CL A 02079K305   287,321 1,858 SH   SOLE   1,858 0 0
ALPHABET INC CAP STK CL C 02079K107   16,497,888 105,600 SH Put SOLE   105,600 0 0
AMAZON COM INC COM 023135106   1,541,106 8,100 SH Put SOLE   8,100 0 0
AMAZON COM INC COM 023135106   289,005 1,519 SH   SOLE   1,519 0 0
AMERICAN AIRLS GROUP INC COM 02376R102   409,340 38,800 SH Put SOLE   38,800 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108   25,402,857 412,652 SH   SOLE   412,652 0 0
ANNALY CAPITAL MANAGEMENT IN COM NEW 035710839   10,155,000 500,000 SH Put SOLE   500,000 0 0
APPLE INC COM 037833100   1,243,928 5,600 SH Put SOLE   5,600 0 0
APPLE INC COM 037833100   225,906 1,017 SH   SOLE   1,017 0 0
ARCHER AVIATION INC COM CL A 03945R102   10,665,000 1,500,000 SH   SOLE   1,500,000 0 0
ARES CAPITAL CORP COM 04010L103   2,586,072 116,700 SH Put SOLE   116,700 0 0
ARK 21SHARES BITCOIN ETF SHS BEN INT 040919102   67,171,210 817,168 SH   SOLE   817,168 0 0
ARTIUS II ACQUISITION INC UNIT 11/27/2029 G0509J107   5,035,000 500,000 SH   SOLE   500,000 0 0
ATLANTA BRAVES HLDGS INC COM SER C 047726302   15,940,784 398,420 SH   SOLE   398,420 0 0
BITWISE BITCOIN ETF TR SHS BEN INT 09174C104   11,678,763 260,222 SH   SOLE   260,222 0 0
BITWISE ETHEREUM ETF SHS 091955104   5,422,522 413,302 SH   SOLE   413,302 0 0
BLACKROCK HEALTH SCIENCES TE COM SHS 09260E105   421,163 28,266 SH   SOLE   28,266 0 0
BLACKROCK SCIENCE & TECHNOLO SHS BEN INT 09260K101   906,851 51,119 SH   SOLE   51,119 0 0
BLACKROCK TECH AND PRIVATE E SHS BEN INT 09260Q108   1,329,499 212,380 SH   SOLE   212,380 0 0
BLACKSTONE SECD LENDING FD COMMON STOCK 09261X102   3,443,104 106,400 SH Put SOLE   106,400 0 0
BOLD EAGLE ACQUISITION CORP CL A G2003N105   5,075,000 500,000 SH   SOLE   500,000 0 0
BOLD EAGLE ACQUISITION CORP RIGHT 10/11/2029 G2003N121   124,900 500,000 SH   SOLE   500,000 0 0
BOOZ ALLEN HAMILTON HLDG COR CL A 099502106   5,354,496 51,200 SH Put SOLE   51,200 0 0
BOYD GAMING CORP COM 103304101   3,271,751 49,700 SH Put SOLE   49,700 0 0
BRIDGEBIO PHARMA INC COM 10806X102   518,550 15,000 SH   SOLE   15,000 0 0
BRIGHTSPRING HEALTH SVCS INC COM 10950A106   7,236,000 400,000 SH   SOLE   400,000 0 0
CACI INTL INC CL A 127190304   5,577,184 15,200 SH Put SOLE   15,200 0 0
CANTOR EQUITY PARTNERS I INC SHS CL A G1827K107   2,561,250 250,000 SH   SOLE   250,000 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108   405,383 1,100 SH Put SOLE   1,100 0 0
CHEVRON CORP NEW COM 166764100   41,705,397 249,300 SH Call SOLE   249,300 0 0
CIMPRESS PLC SHS EURO G2143T103   1,854,430 41,000 SH Put SOLE   41,000 0 0
CINEMARK HLDGS INC COM 17243V102   22,933,646 921,400 SH Call SOLE   921,400 0 0
CINEMARK HLDGS INC COM 17243V102   35,450,827 1,424,300 SH Put SOLE   1,424,300 0 0
COINBASE GLOBAL INC COM CL A 19260Q107   2,669,565 15,500 SH Call SOLE   15,500 0 0
COINBASE GLOBAL INC COM CL A 19260Q107   2,669,565 15,500 SH Put SOLE   15,500 0 0
COINBASE GLOBAL INC NOTE 0.500% 6/0 19260QAB3   11,069,317 11,295,000 PRN   SOLE   11,295,000 0 0
COMMVAULT SYS INC COM 204166102   33,113,824 209,900 SH Put SOLE   209,900 0 0
CONCENTRA GROUP HOLDINGS PAR COMMON STOCK 20603L102   16,624,587 766,110 SH   SOLE   766,110 0 0
CONSOLIDATED EDISON INC COM 209115104   1,658,850 15,000 SH   SOLE   15,000 0 0
COREWEAVE INC COM CL A 21873S108   5,562,000 150,000 SH   SOLE   150,000 0 0
CSG SYS INTL INC NOTE 3.875% 9/1 126349AH2   21,610,461 20,000,000 PRN   SOLE   20,000,000 0 0
DATADOG INC CL A COM 23804L103   615,102 6,200 SH Call SOLE   6,200 0 0
DATADOG INC CL A COM 23804L103   892,890 9,000 SH Put SOLE   9,000 0 0
DATADOG INC CL A COM 23804L103   2,764,387 27,864 SH   SOLE   27,864 0 0
DELTA AIR LINES INC DEL COM NEW 247361702   710,680 16,300 SH Put SOLE   16,300 0 0
DUTCH BROS INC CL A 26701L100   12,348,000 200,000 SH   SOLE   200,000 0 0
ENCORE CAP GROUP INC NOTE 4.000% 3/1 292554AP7   13,005,893 14,250,000 PRN   SOLE   14,250,000 0 0
EQUINIX INC COM 29444U700   8,479,640 10,400 SH Put SOLE   10,400 0 0
ETF SER SOLUTIONS US GLB JETS 26922A842   11,143,105 536,500 SH Put SOLE   536,500 0 0
ETSY INC NOTE 0.250% 6/1 29786AAN6   11,788,653 13,868,000 PRN   SOLE   13,868,000 0 0
FIDELITY ETHEREUM FD SHS 31613E103   5,781,472 316,793 SH   SOLE   316,793 0 0
FIDELITY WISE ORIGIN BITCOIN SHS 315948109   31,714,732 440,666 SH   SOLE   440,666 0 0
FIRST MAJESTIC SILVER CORP NOTE 0.375% 1/1 32076VAD5   23,443,757 24,957,000 PRN   SOLE   24,957,000 0 0
FIRSTENERGY CORP NOTE 4.000% 5/0 337932AR8   36,889,284 36,408,000 PRN   SOLE   36,408,000 0 0
FORTREA HLDGS INC COMMON STOCK 34965K107   1,449,540 191,992 SH   SOLE   191,992 0 0
FRESHPET INC NOTE 3.000% 4/0 358039AB1   36,348,934 25,645,000 PRN   SOLE   25,645,000 0 0
GATES INDL CORP PLC ORD SHS G39108108   3,682,000 200,000 SH   SOLE   200,000 0 0
GLOBAL PMTS INC COM 37940X102   1,615,680 16,500 SH Call SOLE   16,500 0 0
GLOBAL PMTS INC COM 37940X102   1,615,680 16,500 SH Put SOLE   16,500 0 0
GLOBAL PMTS INC COM 37940X102   8,459,896 86,396 SH   SOLE   86,396 0 0
HCI GROUP INC NOTE 4.750% 6/0 40416EAF0   65,124,224 34,539,000 PRN   SOLE   34,539,000 0 0
HESS CORP COM 42809H107   1,174,957,907 7,355,900 SH   SOLE   7,355,900 0 0
HEWLETT PACKARD ENTERPRISE C 7.625 MAND CONV 42824C208   7,184,287 150,000 SH   SOLE   150,000 0 0
IMPINJ INC NOTE 1.125% 5/1 453204AD1   27,357,599 24,130,000 PRN   SOLE   24,130,000 0 0
INFINERA CORP NOTE 2.500% 3/0 45667GAE3   52,199,275 43,131,000 PRN   SOLE   43,131,000 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   10,363,132 22,100 SH Put SOLE   22,100 0 0
ISHARES BITCOIN TRUST ETF SHS BEN INT 46438F101   24,874,834 531,400 SH Put SOLE   531,400 0 0
ISHARES INC MSCI BRAZIL ETF 464286400   20,175,925 780,500 SH Put SOLE   780,500 0 0
ISHARES INC MSCI BRAZIL ETF 464286400   20,175,925 780,500 SH   SOLE   780,500 0 0
ISHARES SILVER TR ISHARES 46428Q109   3,154,782 101,800 SH Put SOLE   101,800 0 0
ISHARES TR RUSSELL 2000 ETF 464287655   140,520,756 704,400 SH Put SOLE   704,400 0 0
ISHARES TR RUSSELL 2000 ETF 464287655   40,872,708 204,886 SH   SOLE   204,886 0 0
ISHARES TR U.S. REAL ES ETF 464287739   823,450 8,600 SH Put SOLE   8,600 0 0
KARMAN HLDGS INC COMMON STOCK 485924104   3,342,000 100,000 SH   SOLE   100,000 0 0
KKR & CO INC 6.25 CON SER D 48251W500   2,155,078 44,000 SH   SOLE   44,000 0 0
KOSMOS ENERGY LTD NOTE 3.125% 3/1 500688AH9   30,598,616 40,000,000 PRN   SOLE   40,000,000 0 0
KRANESHARES TRUST CSI CHI INTERNET 500767306   6,982,000 200,000 SH Put SOLE   200,000 0 0
LANTHEUS HLDGS INC NOTE 2.625%12/1 516544AB9   35,355,678 25,000,000 PRN   SOLE   25,000,000 0 0
LCI INDS COM 50189K103   2,061,599 23,580 SH   SOLE   23,580 0 0
LEIDOS HOLDINGS INC COM 525327102   12,252,552 90,800 SH Put SOLE   90,800 0 0
LENNAR CORP CL A 526057104   6,783,498 59,100 SH Put SOLE   59,100 0 0
LIBERTY MEDIA CORP DEL COM LBTY LIV S A 531229748   10,966,104 163,089 SH   SOLE   163,089 0 0
LIBERTY MEDIA CORP DEL NOTE 3.750% 3/1 531229AP7   15,113,902 14,600,000 PRN   SOLE   14,600,000 0 0
LIFE TIME GROUP HOLDINGS INC COMMON STOCK 53190C102   1,208,000 40,000 SH   SOLE   40,000 0 0
LIONS GATE ENTMNT CORP CL B NON VTG 535919500   3,002,971 379,163 SH   SOLE   379,163 0 0
LIVE OAK ACQUISITION CORP V UNIT 02/20/2030 G5509P128   4,032,000 400,000 SH   SOLE   400,000 0 0
LPL FINL HLDGS INC COM 50212V100   3,271,400 10,000 SH   SOLE   10,000 0 0
MAGNERA CORP COM SHS 55939A107   5,049,733 278,069 SH   SOLE   278,069 0 0
MARRIOTT VACATIONS WORLDWIDE NOTE 3.250%12/1 57164YAF4   18,049,688 19,500,000 PRN   SOLE   19,500,000 0 0
MERITAGE HOMES CORP COM 59001A102   368,576 5,200 SH Call SOLE   5,200 0 0
MERITAGE HOMES CORP COM 59001A102   368,576 5,200 SH Put SOLE   5,200 0 0
MERITAGE HOMES CORP COM 59001A102   1,223,814 17,266 SH   SOLE   17,266 0 0
META PLATFORMS INC CL A 30303M102   131,986,440 229,000 SH Put SOLE   229,000 0 0
META PLATFORMS INC CL A 30303M102   309,505 537 SH   SOLE   537 0 0
MICROSOFT CORP COM 594918104   1,163,709 3,100 SH Put SOLE   3,100 0 0
MICROSOFT CORP COM 594918104   233,493 622 SH   SOLE   622 0 0
MICROSTRATEGY INC CL A NEW 594972408   78,063,516 270,800 SH Put SOLE   270,800 0 0
MICROSTRATEGY INC NOTE 0.625% 3/1 594972AJ0   71,460,720 35,109,000 PRN   SOLE   35,109,000 0 0
MILLROSE PPTYS INC COM CL A 601137102   10,604,000 400,000 SH   SOLE   400,000 0 0
NABORS INDS INC NOTE 1.750% 6/1 62957HAL9   3,369,201 5,000,000 PRN   SOLE   5,000,000 0 0
NEWS CORP NEW CL A 65249B109   30,214,200 1,110,000 SH   SOLE   1,110,000 0 0
NEXTERA ENERGY INC COM 65339F101   1,098,795 15,500 SH Call SOLE   15,500 0 0
NEXTERA ENERGY INC COM 65339F101   1,098,795 15,500 SH Put SOLE   15,500 0 0
NEXTERA ENERGY INC UNIT 06/01/2027 65339F663   7,232,250 150,000 SH   SOLE   150,000 0 0
NIO INC NOTE 4.625%10/1 62914VAK2   16,242,160 23,300,000 PRN   SOLE   23,300,000 0 0
NIO INC SPON ADS 62914V106   1,436,370 377,000 SH Put SOLE   377,000 0 0
NVIDIA CORPORATION COM 67066G104   12,788,840 118,000 SH Put SOLE   118,000 0 0
NVIDIA CORPORATION COM 67066G104   460,073 4,245 SH   SOLE   4,245 0 0
OAKTREE SPECIALTY LENDING CO COM 67401P405   681,984 44,400 SH Put SOLE   44,400 0 0
PAR TECHNOLOGY CORP NOTE 1.500%10/1 698884AE3   21,318,056 19,882,000 PRN   SOLE   19,882,000 0 0
PAR TECHNOLOGY CORP NOTE 2.875% 4/1 698884AC7   7,124,820 4,830,000 PRN   SOLE   4,830,000 0 0
PARAMOUNT GROUP INC COM 69924R108   12,004,628 2,791,774 SH   SOLE   2,791,774 0 0
PELOTON INTERACTIVE INC CL A COM 70614W100   2,893,296 457,800 SH Call SOLE   457,800 0 0
PELOTON INTERACTIVE INC CL A COM 70614W100   1,253,231 198,296 SH   SOLE   198,296 0 0
PENNYMAC CORP NOTE 5.500% 3/1 70932AAF0   21,652,239 21,840,000 PRN   SOLE   21,840,000 0 0
PENNYMAC MTG INVT TR COM 70931T103   11,891,405 811,700 SH Put SOLE   811,700 0 0
PG&E CORP PFD CONV SER A 69331C306   4,404,869 100,000 SH   SOLE   100,000 0 0
PROLOGIS INC. COM 74340W103   7,825,300 70,000 SH Put SOLE   70,000 0 0
QUIDELORTHO CORP COM 219798105   16,880,054 482,701 SH   SOLE   482,701 0 0
REDWOOD TRUST INC COM 758075402   1,517,500 250,000 SH Put SOLE   250,000 0 0
REDWOOD TRUST INC NOTE 7.750% 6/1 758075AF2   2,484,000 2,500,000 PRN   SOLE   2,500,000 0 0
REXFORD INDL RLTY INC COM 76169C100   1,957,500 50,000 SH Put SOLE   50,000 0 0
ROCKET LAB USA INC COM 773122106   178,800 10,000 SH Put SOLE   10,000 0 0
RWT HLDGS INC NOTE 5.750%10/0 749772AD1   9,027,926 9,056,000 PRN   SOLE   9,056,000 0 0
SAILPOINT INC COM 78781J109   6,562,500 350,000 SH   SOLE   350,000 0 0
SANDISK CORP COM 80004C200   3,427,920 72,000 SH Put SOLE   72,000 0 0
SANDISK CORP COM 80004C200   9,956,251 209,121 SH   SOLE   209,121 0 0
SCHLUMBERGER LTD COM STK 806857108   24,443,344 584,769 SH   SOLE   584,769 0 0
SCIENCE APPLICATIONS INTL CO COM 808625107   8,117,121 72,300 SH Put SOLE   72,300 0 0
SIRIUSXM HOLDINGS INC COMMON STOCK 829933100   4,330,895 192,100 SH Call SOLE   192,100 0 0
SIRIUSXM HOLDINGS INC COMMON STOCK 829933100   14,475,806 642,085 SH   SOLE   642,085 0 0
SIX FLAGS ENTERTAINMENT CORP COM 83001C108   16,037,981 449,621 SH   SOLE   449,621 0 0
SMITHFIELD FOODS INC COM 832248207   4,078,000 200,000 SH   SOLE   200,000 0 0
SNAP INC NOTE 0.250% 5/0 83304AAD8   6,200,999 6,232,000 PRN   SOLE   6,232,000 0 0
SOLVENTUM CORP COM SHS 83444M101   26,435,610 347,654 SH   SOLE   347,654 0 0
SOUTHERN COPPER CORP COM 84265V105   2,803,800 30,000 SH Put SOLE   30,000 0 0
SOUTHWEST AIRLS CO COM 844741108   638,020 19,000 SH Put SOLE   19,000 0 0
SPDR GOLD TR GOLD SHS 78463V107   94,394,664 327,600 SH Put SOLE   327,600 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   83,908,500 150,000 SH Call SOLE   150,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   191,647,014 342,600 SH Put SOLE   342,600 0 0
SPDR SER TR S&P OILGAS EXP 78468R556   33,190,920 252,000 SH Put SOLE   252,000 0 0
SPIRIT AEROSYSTEMS INC NOTE 3.250%11/0 85205TAQ3   25,991,456 19,000,000 PRN   SOLE   19,000,000 0 0
SURGERY PARTNERS INC COM 86881A100   5,483,875 230,900 SH Put SOLE   230,900 0 0
SURGERY PARTNERS INC COM 86881A100   10,329,231 434,915 SH   SOLE   434,915 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   59,096,000 356,000 SH Put SOLE   356,000 0 0
TARGET HOSPITALITY CORP COM 87615L107   1,736,462 263,900 SH Put SOLE   263,900 0 0
TESLA INC COM 88160R101   3,109,920 12,000 SH Put SOLE   12,000 0 0
TESLA INC COM 88160R101   648,418 2,502 SH   SOLE   2,502 0 0
TRIP COM GROUP LTD ADS 89677Q107   23,117,688 363,600 SH Put SOLE   363,600 0 0
TRIPADVISOR INC COM 896945201   2,856,672 201,600 SH Call SOLE   201,600 0 0
TRIPADVISOR INC COM 896945201   7,141,680 504,000 SH Put SOLE   504,000 0 0
TRIPADVISOR INC COM 896945201   7,085,000 500,000 SH   SOLE   500,000 0 0
TWO HARBORS INVENTMENT CORPO NOTE 6.250% 1/1 90187BAB7   57,904,043 58,122,000 PRN   SOLE   58,122,000 0 0
TWO HBRS INVT CORP COM 90187B804   5,344,000 400,000 SH Call SOLE   400,000 0 0
UBER TECHNOLOGIES INC COM 90353T100   3,839,722 52,700 SH Call SOLE   52,700 0 0
UBER TECHNOLOGIES INC COM 90353T100   5,479,072 75,200 SH Put SOLE   75,200 0 0
UBER TECHNOLOGIES INC COM 90353T100   33,871,375 464,883 SH   SOLE   464,883 0 0
VALE S A SPONSORED ADS 91912E105   15,069,800 1,510,000 SH Put SOLE   1,510,000 0 0
VALE S A SPONSORED ADS 91912E105   15,069,800 1,510,000 SH   SOLE   1,510,000 0 0
VENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 92277GAZ0   18,692,092 14,500,000 PRN   SOLE   14,500,000 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104   16,953,400 1,580,000 SH   SOLE   1,580,000 0 0
WAYFAIR INC NOTE 3.500%11/1 94419LAR2   21,202,333 19,805,000 PRN   SOLE   19,805,000 0 0
WELLTOWER INC COM 95040Q104   275,778 1,800 SH Call SOLE   1,800 0 0
WELLTOWER INC COM 95040Q104   275,778 1,800 SH Put SOLE   1,800 0 0
WESTERN DIGITAL CORP COM 958102105   7,517,797 185,946 SH   SOLE   185,946 0 0
WOLFSPEED INC NOTE 1.875%12/0 977852AD4   1,615,342 7,150,000 PRN   SOLE   7,150,000 0 0
ZTO EXPRESS CAYMAN INC NOTE 1.500% 9/0 98980AAB1   15,077,759 15,000,000 PRN   SOLE   15,000,000 0 0