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
AK STL CORP Note 001546AP5 14,705 14,500,000 SH   SOLE   14,500,000 0 0
AMAZON COM INC COM 023135106 10,062 23,180 SH   SOLE   23,180 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 49,984 1,251,634 SH   SOLE   1,251,634 0 0
AMGEN INC COM 031162100 854 5,560 SH   SOLE   5,560 0 0
APPLE INC COM 037833100 781 6,224 SH   SOLE   6,224 0 0
BAKER HUGHES INC COM 057224107 20,876 338,352 SH   SOLE   338,352 0 0
BANK AMER CORP COM 060505104 16,982 997,775 SH   SOLE   997,775 0 0
BANK AMER CORP COM 060505104 70,960 4,169,200 SH Call SOLE   4,169,200 0 0
BANK AMER CORP COM 060505104 17,720 1,041,100 SH Call SOLE   1,041,100 0 0
BIOGEN INC COM 09062X103 465 1,150 SH   SOLE   1,150 0 0
C&J ENERGY SVCS LTD SHS G3164Q101 4,590 347,700 SH   SOLE   347,700 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 5,237 100,000 SH   SOLE   100,000 0 0
CANADIAN SOLAR INC COM 136635109 5,720 200,000 SH Put SOLE   200,000 0 0
CANADIAN SOLAR INC Note 136635AE9 15,780 16,000,000 SH   SOLE   16,000,000 0 0
CASTLE A M & CO COM 148411101 926 150,000 SH Put SOLE   150,000 0 0
CIMAREX ENERGY CO COM 171798101 7,115 64,500 SH   SOLE   64,500 0 0
CLEAN ENERGY FUELS CORP COM 184499101 3,063 545,000 SH Put SOLE   545,000 0 0
CME GROUP INC COM 12572Q105 2,792 30,000 SH   SOLE   30,000 0 0
COBALT INTL ENERGY INC COM 19075F106 2,913 300,000 SH   SOLE   300,000 0 0
COBALT INTL ENERGY INC Note 19075FAA4 26,135 35,000,000 SH   SOLE   35,000,000 0 0
CONCHO RES INC COM 20605P101 5,563 48,862 SH   SOLE   48,862 0 0
CONSOL ENERGY INC COM 20854P109 7,609 350,000 SH Put SOLE   350,000 0 0
CTRIP COM INTL LTD Note 22943FAD2 11,440 10,000,000 SH   SOLE   10,000,000 0 0
DELTA AIR LINES INC DEL COM 247361702 1,347 32,800 SH   SOLE   32,800 0 0
DIAMONDBACK ENERGY INC COM 25278X109 1,316 17,454 SH   SOLE   17,454 0 0
ECLIPSE RES CORP COM 27890G100 263 50,000 SH   SOLE   50,000 0 0
ENCANA CORP COM 292505104 11,579 1,050,761 SH   SOLE   1,050,761 0 0
ENERGY XXI BERMUDA LTD Note 29274UAB7 540 2,000,000 SH   SOLE   2,000,000 0 0
EOG RES INC COM 26875P101 13,685 156,306 SH   SOLE   156,306 0 0
EQT CORP COM 26884L109 10,617 130,528 SH   SOLE   130,528 0 0
EXELIXIS INC COM 30161Q104 639 170,000 SH Call SOLE   170,000 0 0
EXELIXIS INC Note 30161QAC8 6,862 7,715,000 SH   SOLE   7,715,000 0 0
FACEBOOK INC CL A 30303M102 1,089 12,700 SH   SOLE   12,700 0 0
FMC TECHNOLOGIES INC COM 30249U101 7,261 175,000 SH   SOLE   175,000 0 0
FORUM ENERGY TECHNOLOGIES IN COM 34984V100 2,230 109,971 SH   SOLE   109,971 0 0
FXCM INC Note 302693AB2 3,373 4,000,000 SH   SOLE   4,000,000 0 0
GENERAL ELECTRIC CO COM 369604103 7,445 280,189 SH   SOLE   280,189 0 0
GENERAL MTRS CO COM 37045V100 3,531 105,934 SH   SOLE   105,934 0 0
GOOGLE INC CL A 38259P508 1,458 2,700 SH   SOLE   2,700 0 0
GULFPORT ENERGY CORP COM 402635304 14,701 365,249 SH   SOLE   365,249 0 0
GULFPORT ENERGY CORP COM 402635304 10,063 250,000 SH Put SOLE   250,000 0 0
HESS CORP COM 42809H107 11,704 175,000 SH   SOLE   175,000 0 0
HORSEHEAD HLDG CORP COM 440694305 5,860 500,000 SH Put SOLE   500,000 0 0
HORSEHEAD HLDG CORP COM 440694305 1,992 170,000 SH Put SOLE   170,000 0 0
INTERDIGITAL INC Note 458660AB3 16,557 14,976,000 SH   SOLE   14,976,000 0 0
INTEROIL CORP Note 460951AC0 3,999 4,000,000 SH   SOLE   4,000,000 0 0
ISHARES MSCI STH KOR ETF 464286772 17,201 312,115 SH   SOLE   312,115 0 0
ISHARES US HOME CONS ETF 464288752 10,092 367,650 SH   SOLE   367,650 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 23,050 500,000 SH Call SOLE   500,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 20,980 455,100 SH   SOLE   455,100 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 18,281 461,400 SH   SOLE   461,400 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 83,119 2,097,900 SH Call SOLE   2,097,900 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 43,744 1,104,100 SH Call SOLE   1,104,100 0 0
ISTAR FINL INC Note 45031UBR1 12,039 10,000,000 SH   SOLE   10,000,000 0 0
JINKOSOLAR HLDG CO LTD SPONSORED ADR 47759T100 19,687 666,900 SH Put SOLE   666,900 0 0
KCG HLDGS INC CL A 48244B100 2,466 200,000 SH Put SOLE   200,000 0 0
KCG HLDGS INC CL A 48244B100 5,549 450,000 SH Put SOLE   450,000 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 14,306 138,193 SH   SOLE   138,193 0 0
MANNKIND CORP Note 56400PAC6 22,078 21,500,000 SH   SOLE   21,500,000 0 0
MARATHON PETE CORP COM 56585A102 3,923 75,000 SH   SOLE   75,000 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 227 12,800 SH   SOLE   12,800 0 0
MARKET VECTORS ETF TR SEMICONDUCTOR 57060U233 7,094 130,000 SH Put SOLE   130,000 0 0
MCDERMOTT INTL INC COM 580037109 4,005 750,000 SH Put SOLE   750,000 0 0
MCDERMOTT INTL INC COM 580037109 2,008 376,000 SH Put SOLE   376,000 0 0
MEMORIAL RESOURCE DEV CORP COM 58605Q109 3,105 163,660 SH   SOLE   163,660 0 0
MICRON TECHNOLOGY INC COM 595112103 4,579 243,043 SH   SOLE   243,043 0 0
MICROSOFT CORP COM 594918104 289 6,550 SH   SOLE   6,550 0 0
MRC GLOBAL INC COM 55345K103 3,984 258,000 SH   SOLE   258,000 0 0
NEWFIELD EXPL CO COM 651290108 21,672 600,000 SH   SOLE   600,000 0 0
NOBLE CORP PLC SHS USD G65431101 6,619 430,090 SH   SOLE   430,090 0 0
NQ MOBILE INC ADR REPSTG CL A 64118U108 9,597 1,817,600 SH Put SOLE   1,817,600 0 0
NQ MOBILE INC Note 64118UAB4 3,541 5,370,000 SH   SOLE   5,370,000 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 22,522 289,596 SH   SOLE   289,596 0 0
ORACLE CORP COM 68389X105 431 10,700 SH   SOLE   10,700 0 0
PARSLEY ENERGY INC CL A 701877102 17,994 1,032,979 SH   SOLE   1,032,979 0 0
PATTERSON UTI ENERGY INC COM 703481101 7,497 398,448 SH   SOLE   398,448 0 0
PDC ENERGY INC COM 69327R101 2,146 40,000 SH   SOLE   40,000 0 0
PEABODY ENERGY CORP COM 704549104 876 400,000 SH Put SOLE   400,000 0 0
POWERSHS DB US DOLLAR INDEX DOLL INDX BULL 73936D107 32,053 1,280,600 SH Put SOLE   1,280,600 0 0
POWERSHS DB US DOLLAR INDEX DOLL INDX BULL 73936D107 528 21,100 SH   SOLE   21,100 0 0
PULTE GROUP INC COM 745867101 8,350 414,370 SH   SOLE   414,370 0 0
QIHOO 360 TECHNOLOGY CO LTD Note 74734MAB5 39,176 40,000,000 SH   SOLE   40,000,000 0 0
QUIKSILVER INC COM 74838C106 275 414,697 SH   SOLE   414,697 0 0
QUIKSILVER INC COM 74838C106 275 414,800 SH Put SOLE   414,800 0 0
RADIAN GROUP INC COM 750236101 6,386 340,425 SH   SOLE   340,425 0 0
RANGE RES CORP COM 75281A109 6,996 141,681 SH   SOLE   141,681 0 0
RICE ENERGY INC COM 762760106 5,728 275,000 SH   SOLE   275,000 0 0
RSP PERMIAN INC COM 74978Q105 435 15,476 SH   SOLE   15,476 0 0
SCHLUMBERGER LTD COM 806857108 19,678 228,312 SH   SOLE   228,312 0 0
SEADRILL LIMITED SHS G7945E105 4,653 450,000 SH Put SOLE   450,000 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 1,530 20,000 SH   SOLE   20,000 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 967 13,000 SH   SOLE   13,000 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 11,698 479,800 SH   SOLE   479,800 0 0
SHIP FINANCE INTERNATIONAL L Note G81075AE6 7,579 7,100,000 SH   SOLE   7,100,000 0 0
SINA CORP Note 82922RAD5 18,944 20,000,000 SH   SOLE   20,000,000 0 0
SOLARCITY CORP Note 83416TAA8 39,656 36,500,000 SH   SOLE   36,500,000 0 0
SOLARCITY CORP COM 83416T100 5,355 100,000 SH Put SOLE   100,000 0 0
SOLARCITY CORP COM 83416T100 17,672 330,000 SH Put SOLE   330,000 0 0
SOUFUN HLDGS LTD Note 836034AB4 9,499 10,000,000 SH   SOLE   10,000,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 261,759 1,271,600 SH Call SOLE   1,271,600 0 0
SPDR SERIES TRUST S&P BK ETF 78464A797 979 27,000 SH   SOLE   27,000 0 0
STARWOOD PPTY TR INC Note 85571BAA3 33,917 32,500,000 SH   SOLE   32,500,000 0 0
SUNCOR ENERGY INC NEW COM 867224107 8,389 304,850 SH   SOLE   304,850 0 0
SUNEDISON INC COM 86732Y109 43,743 1,462,500 SH Put SOLE   1,462,500 0 0
SUNEDISON INC Note 86732YAC3 60,756 29,000,000 SH   SOLE   29,000,000 0 0
SWIFT ENERGY CO COM 870738101 609 300,000 SH Put SOLE   300,000 0 0
TESLA MTRS INC COM 88160R101 3,018 11,250 SH   SOLE   11,250 0 0
TRANSOCEAN LTD REG SHS H8817H100 7,361 456,610 SH   SOLE   456,610 0 0
TRINA SOLAR LIMITED SPON ADR 89628E104 6,479 556,600 SH Put SOLE   556,600 0 0
TRINA SOLAR LIMITED DBCV 3.500% 6/1 89628EAC8 24,481 23,950,000 SH   SOLE   23,950,000 0 0
TRULIA INC Note 897888AB9 16,021 12,500,000 SH   SOLE   12,500,000 0 0
UNITED PARCEL SERVICE INC CL B 911312106 368 3,800 SH   SOLE   3,800 0 0
VIACOM INC NEW CL B 92553P201 485 7,500 SH   SOLE   7,500 0 0
VIPSHOP HLDGS LTD Note 92763WAA1 44,494 35,000,000 SH   SOLE   35,000,000 0 0
VIPSHOP HLDGS LTD SPONSORED ADR 92763W103 46,856 2,105,900 SH Put SOLE   2,105,900 0 0
WALTER INVT MGMT CORP COM 93317W102 10,042 439,100 SH Put SOLE   439,100 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 8,341 679,800 SH   SOLE   679,800 0 0
WHITING PETE CORP NEW COM 966387102 14,477 430,856 SH   SOLE   430,856 0 0
WILLIAMS COS INC DEL COM 969457100 5,452 95,000 SH   SOLE   95,000 0 0
YAHOO INC COM 984332106 10,237 260,546 SH   SOLE   260,546 0 0
YY INC Note 98426TAB2 36,978 39,400,000 SH   SOLE   39,400,000 0 0
YY INC ADS REPCOM CLA 98426T106 46,578 670,000 SH Put SOLE   670,000 0 0
YY INC ADS REPCOM CLA 98426T106 11,839 170,300 SH Put SOLE   170,300 0 0
ZILLOW GROUP INC CL A 98954M101 10,192 117,500 SH Put SOLE   117,500 0 0