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
MCGRAW HILL FINL INC COM 580645109   2,669 30,000 SH   SOLE   30,000 0 0
AK STL CORP Note 001546AP5   10,028 7,500,000 SH   SOLE   7,500,000 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   2,079 20,000 SH   SOLE   20,000 0 0
ALLEGION PUB LTD CO ORD SHS G0176J109   1,775 32,000 SH   SOLE   32,000 0 0
ALLIED NEVADA GOLD CORP COM 019344100   1,731 1,990,000 SH Put SOLE   1,990,000 0 0
ALLIED NEVADA GOLD CORP COM 019344100   287 329,400 SH Put SOLE   329,400 0 0
ALLIED NEVADA GOLD CORP COM 019344100   139 367,000 SH Put SOLE   367,000 0 0
ALLIED NEVADA GOLD CORP COM 019344100   319 160,000 SH Put SOLE   160,000 0 0
AMERICAN INTL GROUP INC COM 026874784   3,641 65,000 SH   SOLE   65,000 0 0
ANADARKO PETE CORP COM 032511107   5,775 70,000 SH   SOLE   70,000 0 0
ANNALY CAP MGMT INC Note 035710AA0   4,605 4,500,000 SH   SOLE   4,500,000 0 0
AUTOLIV INC COM 052800109   1,380 13,000 SH   SOLE   13,000 0 0
BANK AMER CORP COM 060505104   14,849 830,000 SH   SOLE   830,000 0 0
BANK AMER CORP COM 060505104   39,358 2,200,000 SH Call SOLE   2,200,000 0 0
BARCLAYS BK PLC IPATH S&P500 VIX 06742E711   2,363 75,000 SH   SOLE   75,000 0 0
BARRICK GOLD CORP COM 067901108   4,344 404,133 SH   SOLE   404,133 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670702   2,553 17,000 SH   SOLE   17,000 0 0
BLACKBERRY LTD COM 09228F103   2,196 200,000 SH   SOLE   200,000 0 0
BORGWARNER INC COM 099724106   1,099 20,000 SH   SOLE   20,000 0 0
CABOT OIL & GAS CORP COM 127097103   3,816 128,870 SH   SOLE   128,870 0 0
CAMERON INTERNATIONAL CORP COM 13342B105   10,989 220,000 SH   SOLE   220,000 0 0
CANADIAN NAT RES LTD COM 136385101   7,631 247,128 SH   SOLE   247,128 0 0
CANADIAN SOLAR INC COM 136635109   9,761 403,500 SH Put SOLE   403,500 0 0
CARRIZO OIL & GAS INC COM 144577103   11,373 273,395 SH   SOLE   273,395 0 0
CELGENE CORP COM 151020104   2,237 20,000 SH   SOLE   20,000 0 0
CHESAPEAKE ENERGY CORP COM 165167107   11,334 579,177 SH   SOLE   579,177 0 0
CIMAREX ENERGY CO COM 171798101   4,976 46,940 SH   SOLE   46,940 0 0
CITIGROUP INC COM 172967424   17,151 316,972 SH   SOLE   316,972 0 0
CITIGROUP INC COM 172967424   6,764 125,000 SH Call SOLE   125,000 0 0
CITIGROUP INC COM 172967424   8,122 150,100 SH Call SOLE   150,100 0 0
CME GROUP INC COM 12572Q105   2,660 30,000 SH   SOLE   30,000 0 0
COBALT INTL ENERGY INC COM 19075F106   2,134 240,000 SH   SOLE   240,000 0 0
COBALT INTL ENERGY INC COM 19075F106   7,557 850,000 SH Put SOLE   850,000 0 0
COBALT INTL ENERGY INC Note 19075FAA4   22,196 35,000,000 SH   SOLE   35,000,000 0 0
COEUR MNG INC COM 192108504   2,811 550,000 SH Put SOLE   550,000 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102   1,580 30,000 SH   SOLE   30,000 0 0
CONCHO RES INC COM 20605P101   20,687 207,384 SH   SOLE   207,384 0 0
COSTCO WHSL CORP NEW COM 22160K105   2,835 20,000 SH   SOLE   20,000 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100   7,853 172,600 SH Put SOLE   172,600 0 0
CTRIP COM INTL LTD Note 22943FAD2   19,496 20,000,000 SH   SOLE   20,000,000 0 0
D R HORTON INC COM 23331A109   291 11,500 SH   SOLE   11,500 0 0
DEVON ENERGY CORP NEW COM 25179M103   18,220 297,659 SH   SOLE   297,659 0 0
DIAMONDBACK ENERGY INC COM 25278X109   11,658 195,007 SH   SOLE   195,007 0 0
E HOUSE CHINA HLDGS LTD ADR 26852W103   5,670 783,200 SH Put SOLE   783,200 0 0
E HOUSE CHINA HLDGS LTD ADR 26852W103   2,172 300,000 SH Put SOLE   300,000 0 0
EBAY INC COM 278642103   1,684 30,000 SH   SOLE   30,000 0 0
ENERGY XXI LTD USD UNRS SHS G10082140   73 22,500 SH   SOLE   22,500 0 0
EOG RES INC COM 26875P101   6,203 67,374 SH   SOLE   67,374 0 0
EQT CORP COM 26884L109   25,822 341,113 SH   SOLE   341,113 0 0
EXELIXIS INC Note 30161QAC8   1,721 3,000,000 SH   SOLE   3,000,000 0 0
FASTENAL CO COM 311900104   1,427 30,000 SH   SOLE   30,000 0 0
FMC TECHNOLOGIES INC COM 30249U101   4,651 99,288 SH   SOLE   99,288 0 0
FRANKS INTL N V COM N33462107   2,411 145,000 SH   SOLE   145,000 0 0
GENERAL MTRS CO COM 37045V100   5,942 170,200 SH Call SOLE   170,200 0 0
GENERAL MTRS CO COM 37045V100   35,905 1,028,500 SH Call SOLE   1,028,500 0 0
GENERAL MTRS CO COM 37045V100   3,163 90,600 SH Call SOLE   90,600 0 0
GILEAD SCIENCES INC COM 375558103   2,828 30,000 SH Call SOLE   30,000 0 0
GILEAD SCIENCES INC COM 375558103   1,480 15,700 SH Call SOLE   15,700 0 0
GILEAD SCIENCES INC COM 375558103   2,828 30,000 SH Call SOLE   30,000 0 0
GILEAD SCIENCES INC COM 375558103   3,935 41,742 SH   SOLE   41,742 0 0
GOOGLE INC CL C 38259P706   4,474 8,500 SH   SOLE   8,500 0 0
GRAPHIC PACKAGING HLDG CO COM 388689101   2,315 170,000 SH   SOLE   170,000 0 0
GRUPO TELEVISA SA SPON ADR REP ORD 40049J206   2,258 66,300 SH   SOLE   66,300 0 0
GULFPORT ENERGY CORP COM 402635304   10,435 250,000 SH Put SOLE   250,000 0 0
HARLEY DAVIDSON INC COM 412822108   1,977 30,000 SH   SOLE   30,000 0 0
HUNTSMAN CORP COM 447011107   948 41,615 SH   SOLE   41,615 0 0
INTEROIL CORP Note 460951AC0   3,988 4,000,000 SH   SOLE   4,000,000 0 0
ISHARES MSCI STH KOR ETF 464286772   16,477 297,962 SH   SOLE   297,962 0 0
ISHARES JP MOR EM MK ETF 464288281   20,845 190,000 SH Put SOLE   190,000 0 0
ISHARES MSCI BRZ CAP ETF 464286400   10,971 300,000 SH Put SOLE   300,000 0 0
ISHARES TR MSCI EMG MKT ETF 464287234   77,531 1,973,300 SH Call SOLE   1,973,300 0 0
ISHARES TR MSCI EMG MKT ETF 464287234   19,645 500,000 SH Call SOLE   500,000 0 0
ISHARES TR MSCI EMG MKT ETF 464287234   72,592 1,847,600 SH Call SOLE   1,847,600 0 0
ISHARES TR MSCI EMG MKT ETF 464287234   229,312 5,836,400 SH Call SOLE   5,836,400 0 0
ISHARES TR MSCI EMG MKT ETF 464287234   19,645 500,000 SH Put SOLE   500,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655   50,118 418,800 SH   SOLE   418,800 0 0
ISHARES TR RUSSELL 2000 ETF 464287655   111,604 932,600 SH Call SOLE   932,600 0 0
ISHARES TR RUSSELL 2000 ETF 464287655   215,406 1,800,000 SH Put SOLE   1,800,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184   10,405 250,000 SH Call SOLE   250,000 0 0
JINKOSOLAR HLDG CO LTD SPONSORED ADR 47759T100   13,145 666,900 SH Put SOLE   666,900 0 0
JOHNSON & JOHNSON COM 478160104   2,614 25,000 SH   SOLE   25,000 0 0
KOSMOS ENERGY LTD SHS G5315B107   2,781 331,500 SH Put SOLE   331,500 0 0
KOSMOS ENERGY LTD SHS G5315B107   1,946 232,000 SH Put SOLE   232,000 0 0
LAREDO PETROLEUM INC COM 516806106   3,178 307,086 SH   SOLE   307,086 0 0
LINN ENERGY LLC UNIT LTD LIAB 536020100   2,634 260,000 SH Put SOLE   260,000 0 0
LINN ENERGY LLC UNIT LTD LIAB 536020100   3,292 325,000 SH Put SOLE   325,000 0 0
LOCKHEED MARTIN CORP COM 539830109   2,889 15,000 SH   SOLE   15,000 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100   15,640 197,000 SH   SOLE   197,000 0 0
MANNKIND CORP Note 56400PAC6   23,400 21,500,000 SH   SOLE   21,500,000 0 0
MARKET VECTORS ETF TR RUSSIA ETF 57060U506   585 40,000 SH   SOLE   40,000 0 0
MASTERCARD INC CL A 57636Q104   3,446 40,000 SH   SOLE   40,000 0 0
MCDERMOTT INTL INC COM 580037109   2,910 1,000,000 SH Put SOLE   1,000,000 0 0
MCDERMOTT INTL INC COM 580037109   1,164 400,000 SH Put SOLE   400,000 0 0
MCDERMOTT INTL INC COM 580037109   1,094 376,000 SH Put SOLE   376,000 0 0
MCKESSON CORP COM 58155Q103   2,491 12,000 SH   SOLE   12,000 0 0
MEAD JOHNSON NUTRITION CO COM 582839106   2,614 26,000 SH   SOLE   26,000 0 0
MEDTRONIC INC COM 585055106   2,888 40,000 SH   SOLE   40,000 0 0
MERCK & CO INC NEW COM 58933Y105   2,840 50,000 SH   SOLE   50,000 0 0
MICHAEL KORS HLDGS LTD SHS G60754101   3,004 40,000 SH   SOLE   40,000 0 0
MICROSOFT CORP COM 594918104   2,323 50,000 SH   SOLE   50,000 0 0
MONDELEZ INTL INC CL A 609207105   3,269 90,000 SH   SOLE   90,000 0 0
MRC GLOBAL INC COM 55345K103   758 50,000 SH   SOLE   50,000 0 0
NEWFIELD EXPL CO COM 651290108   11,614 428,259 SH   SOLE   428,259 0 0
NORTHERN OIL & GAS INC NEV COM 665531109   1,609 284,847 SH   SOLE   284,847 0 0
OCCIDENTAL PETE CORP DEL COM 674599105   17,750 220,200 SH   SOLE   220,200 0 0
OPKO HEALTH INC COM 68375N103   5,944 595,000 SH Put SOLE   595,000 0 0
ORACLE CORP COM 68389X105   4,272 95,000 SH   SOLE   95,000 0 0
PARSLEY ENERGY INC CL A 701877102   12,957 811,833 SH   SOLE   811,833 0 0
PDC ENERGY INC COM 69327R101   3,366 81,555 SH   SOLE   81,555 0 0
PIONEER NAT RES CO COM 723787107   9,966 66,951 SH   SOLE   66,951 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104   103,250 1,000,000 SH Call SOLE   1,000,000 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104   2,065 20,000 SH Call SOLE   20,000 0 0
QEP RES INC COM 74733V100   3,741 185,000 SH   SOLE   185,000 0 0
QIHOO 360 TECHNOLOGY CO LTD ADS 74734M109   9,162 160,000 SH Put SOLE   160,000 0 0
QIHOO 360 TECHNOLOGY CO LTD ADS 74734M109   7,730 135,000 SH Put SOLE   135,000 0 0
QUICKSILVER RESOURCES INC COM 74837R104   28 139,719 SH   SOLE   139,719 0 0
QUIKSILVER INC COM 74838C106   1,768 800,000 SH Put SOLE   800,000 0 0
QUIKSILVER INC COM 74838C106   1,768 800,000 SH Put SOLE   800,000 0 0
RADIAN GROUP INC Note 750236AN1   33,346 20,600,000 SH   SOLE   20,600,000 0 0
RICE ENERGY INC COM 762760106   6,327 301,718 SH   SOLE   301,718 0 0
RITE AID CORP Note 767754BU7   27,684 9,372,000 SH   SOLE   9,372,000 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101   647 27,754 SH   SOLE   27,754 0 0
RSP PERMIAN INC COM 74978Q105   2,343 93,200 SH   SOLE   93,200 0 0
SCHLUMBERGER LTD COM 806857108   12,830 150,212 SH   SOLE   150,212 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506   30,872 390,000 SH Call SOLE   390,000 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605   10,285 415,900 SH Call SOLE   415,900 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605   7,144 288,900 SH Call SOLE   288,900 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605   2,473 100,000 SH   SOLE   100,000 0 0
SHIRE PLC SPONSORED ADR 82481R106   2,125 10,000 SH   SOLE   10,000 0 0
SINA CORP Note 82922RAD5   18,513 20,000,000 SH   SOLE   20,000,000 0 0
SINA CORP ORD G81477104   9,353 250,000 SH Put SOLE   250,000 0 0
SOLARCITY CORP Note 83416TAA8   12,587 11,500,000 SH   SOLE   11,500,000 0 0
SOLARCITY CORP COM 83416T100   14,974 280,000 SH Put SOLE   280,000 0 0
SOUFUN HLDGS LTD Note 836034AB4   8,840 10,000,000 SH   SOLE   10,000,000 0 0
SOUFUN HLDGS LTD ADR 836034108   1,072 145,000 SH Put SOLE   145,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   269,122 1,309,595 SH   SOLE   1,309,595 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730   981 20,500 SH   SOLE   20,500 0 0
SPIRIT AIRLS INC COM 848577102   2,267 30,000 SH   SOLE   30,000 0 0
STARWOOD PPTY TR INC Note 85571BAC9   7,622 7,500,000 SH   SOLE   7,500,000 0 0
STARZ COM SER A 85571Q102   2,970 100,000 SH   SOLE   100,000 0 0
SUNCOR ENERGY INC NEW COM 867224107   26,789 842,949 SH   SOLE   842,949 0 0
SUPERIOR ENERGY SVCS INC COM 868157108   4,123 204,621 SH   SOLE   204,621 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209   3,451 60,000 SH   SOLE   60,000 0 0
TIFFANY & CO NEW COM 886547108   2,672 25,000 SH   SOLE   25,000 0 0
TIME WARNER INC COM 887317303   3,844 45,000 SH   SOLE   45,000 0 0
TOTAL S A SPONSORED ADR 89151E109   1,536 30,000 SH   SOLE   30,000 0 0
TRINA SOLAR LIMITED SPON ADR 89628E104   6,244 674,300 SH Put SOLE   674,300 0 0
TRINA SOLAR LIMITED SPON ADR 89628E104   5,025 542,700 SH Put SOLE   542,700 0 0
UNITED PARCEL SERVICE INC CL B 911312106   3,480 31,300 SH   SOLE   31,300 0 0
UNITED TECHNOLOGIES CORP COM 913017109   2,473 21,500 SH   SOLE   21,500 0 0
VALERO ENERGY CORP NEW COM 91913Y100   4,774 96,439 SH   SOLE   96,439 0 0
VERIZON COMMUNICATIONS INC COM 92343V104   5,188 110,900 SH   SOLE   110,900 0 0
VIPSHOP HLDGS LTD Note 92763WAA1   42,012 35,000,000 SH   SOLE   35,000,000 0 0
VIPSHOP HLDGS LTD SPONSORED ADR 92763W103   40,628 2,079,200 SH Put SOLE   2,079,200 0 0
VISA INC COM CL A 92826C839   2,622 10,000 SH   SOLE   10,000 0 0
WALTER ENERGY INC COM 93317Q105   1,330 963,700 SH Put SOLE   963,700 0 0
WALTER INVT MGMT CORP COM 93317W102   8,255 500,000 SH Put SOLE   500,000 0 0
WALTER INVT MGMT CORP Note 93317WAA0   10,893 14,412,000 SH   SOLE   14,412,000 0 0
WEBMD HEALTH CORP Note 94770VAH5   5,035 5,000,000 SH   SOLE   5,000,000 0 0
WEIGHT WATCHERS INTL INC NEW COM 948626106   3,726 150,000 SH Put SOLE   150,000 0 0
WESTERN REFNG INC COM 959319104   3,000 79,409 SH   SOLE   79,409 0 0
WESTERN UN CO COM 959802109   3,403 190,000 SH   SOLE   190,000 0 0
WILLIAMS COS INC DEL COM 969457100   8,498 189,100 SH   SOLE   189,100 0 0
YAHOO INC COM 984332106   2,627 52,000 SH   SOLE   52,000 0 0
YAHOO INC COM 984332106   2,526 50,000 SH Call SOLE   50,000 0 0
YAHOO INC COM 984332106   14,517 287,400 SH Call SOLE   287,400 0 0
YAHOO INC COM 984332106   5,607 111,000 SH Call SOLE   111,000 0 0
YY INC ADS REPCOM CLA 98426T106   32,417 520,000 SH Put SOLE   520,000 0 0