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
AMGEN INC COM 031162100 1,283 13,000 SH   SOLE 13,000 0 0
APPLE INC COM 037833100 2,971 7,500 SH   SOLE 7,500 0 0
AXCELIS TECHNOLOGIES INC COM 054540109 728 400,000 SH   SOLE 400,000 0 0
AXCELIS TECHNOLOGIES INC COM 054540109 10 100,000 SH Call SOLE 100,000 0 0
CAPITALSOURCE INC COM 14055X102 18,662 1,989,536 SH   SOLE 1,989,536 0 0
CARDINAL HEALTH INC COM 14149Y108 2,360 50,000 SH   SOLE 50,000 0 0
CATERPILLAR INC DEL COM 149123101 47 42,500 SH Put SOLE 42,500 0 0
CHINA XINIYA FASHION LTD SPONSORED ADR 16950W105 366 385,000 SH   SOLE 385,000 0 0
COMPANHIA DE BEBIDAS DAS AME SPONSORED ADR 20441W104 35 50,000 SH Call SOLE 50,000 0 0
CURRENCYSHARES EURO TR EURO SHS 23130C108 105 60,000 SH Put SOLE 60,000 0 0
CVS CAREMARK CORPORATION COM 126650100 18,298 320,000 SH   SOLE 320,000 0 0
DARA BIOSCIENCES INC COM NEW 23703P205 158 250,000 SH   SOLE 250,000 0 0
FISERV INC COM 337738108 5,270 60,296 SH   SOLE 60,296 0 0
GAMESTOP CORP NEW CL A 36467W109 4 50,000 SH Put SOLE 50,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 35 30,000 SH Call SOLE 30,000 0 0
GRAMERCY PPTY TR INC COM 38489R100 5 100,000 SH Call SOLE 100,000 0 0
HARRIS CORP DEL COM 413875105 3,812 64,600 SH   SOLE 64,600 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 569 30,000 SH   SOLE 30,000 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 11 30,000 SH Call SOLE 30,000 0 0
ISHARES TR S&P 500 VALUE 464287408 4,546 60,000 SH   SOLE 60,000 0 0
ISHARES TR BARCLYS 20+ YR 464287432 149 75,000 SH Call SOLE 75,000 0 0
ISHARES TR RUSSELL1000VAL 464287598 2,220 26,500 SH   SOLE 26,500 0 0
ISHARES TR RUSSELL 2000 464287655 240 200,000 SH Put SOLE 200,000 0 0
ISHARES TR DJ HOME CONSTN 464288752 25 100,000 SH Put SOLE 100,000 0 0
KIMBERLY CLARK CORP COM 494368103 32 40,000 SH Put SOLE 40,000 0 0
MEDASSETS INC COM 584045108 8,515 480,000 SH   SOLE 480,000 0 0
MERCK & CO INC NEW COM 58933Y105 2,973 64,000 SH   SOLE 64,000 0 0
MERGE HEALTHCARE INC COM 589499102 233 64,626 SH   SOLE 64,626 0 0
NAVIDEA BIOPHARMACEUTICALS I COM 63937X103 627 235,000 SH   SOLE 235,000 0 0
NEW YORK TIMES CO CL A 650111107 1,493 135,000 SH   SOLE 135,000 0 0
PLX TECHNOLOGY INC COM 693417107 1,428 300,000 SH   SOLE 300,000 0 0
PPL CORP COM 69351T106 6,052 200,000 SH   SOLE 200,000 0 0
ROADRUNNER TRNSN SVCS HLDG I COM 76973Q105 19,488 700,000 SH   SOLE 700,000 0 0
SAREPTA THERAPEUTICS INC COM 803607100 8 11,700 SH Put SOLE 11,700 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 4,930 131,000 SH   SOLE 131,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 15 50,000 SH Call SOLE 50,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 4,259 1,000,000 SH Put SOLE 1,000,000 0 0
STEC INC COM 784774101 369 241,000 SH Call SOLE 241,000 0 0
TARGET CORP COM 87612E106 7,575 110,000 SH   SOLE 110,000 0 0
TRINITY INDS INC COM 896522109 3,844 100,000 SH   SOLE 100,000 0 0
UNION PAC CORP COM 907818108 12,342 80,000 SH   SOLE 80,000 0 0
UNITED RENTALS INC COM 911363109 2,231 91,300 SH   SOLE 91,300 0 0
UNITEDHEALTH GROUP INC COM 91324P102 1,539 23,500 SH   SOLE 23,500 0 0
VICAL INC COM 925602104 942 301,000 SH   SOLE 301,000 0 0
WELLPOINT INC COM 94973V107 3,683 45,000 SH   SOLE 45,000 0 0
WESTERN UN CO COM 959802109 15 100,000 SH Put SOLE 100,000 0 0
ZYNGA INC CL A 98986T108 695 250,000 SH   SOLE 250,000 0 0