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
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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
ANNALY CAP MGMT INC COM 035710409 4,293 411,600 SH Put SOLE 411,600 0 0
BANK AMER CORP COM 060505104 2,699 90,000 SH Call SOLE 90,000 0 0
EASTMAN KODAK CO COM NEW 277461406 1,541 288,000 SH Put SOLE 288,000 0 0
HERBALIFE LTD NOTE 2.000% 8/1 42703MAB9 3,027 2,500,000 PRN   SOLE 2,500,000 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 10,835 105,000 SH   SOLE 105,000 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 30,957 300,000 SH Call SOLE 300,000 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 30,957 300,000 SH Put SOLE 300,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 38,264 446,800 SH Put SOLE 446,800 0 0
ISHARES TR IBOXX HI YD ETF 464288513 38,024 444,000 SH Call SOLE 444,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 1,884 22,000 SH   SOLE 22,000 0 0
MICRON TECHNOLOGY INC NOTE 3.000%11/1 595112AY9 40,328 22,500,000 PRN   SOLE 22,500,000 0 0
MONSANTO CO NEW COM 61166W101 8,168 70,000 SH Call SOLE 70,000 0 0
MONSANTO CO NEW COM 61166W101 21,004 180,000 SH Put SOLE 180,000 0 0
PROSHARES TR II ULTRA VIX SHORT 74347W163 12,678 684,200 SH Put SOLE 684,200 0 0
TESLA INC COM 88160R101 18,629 70,000 SH Put SOLE 70,000 0 0
TESLA INC NOTE 0.250% 3/0 88160RAB7 4,991 5,000,000 PRN   SOLE 5,000,000 0 0
TESLA INC NOTE 1.250% 3/0 88160RAC5 2,980 3,000,000 PRN   SOLE 3,000,000 0 0
ZIONS BANCORPORATION *W EXP 11/14/201 989701131 468 29,019 SH   SOLE 29,019 0 0