UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                  FORM 13F

                            FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: March 31, 2013

Check here if Amendment [  ]; Amendment Number:
This amendment (Check only one.): [ ] is a restatement.
                                  [ ] adds new holdings entries.

Institutional Investment Manager Filing this Report:
Name:     Calypso Capital Management, LP
Address:  135 East 57 street
           New York, NY 10022

13 File Number: 028-11557

The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct, and complete, and
and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form


Person Signing this Report on Behalf of Reporting Manager:

Name:      Deena Novick, Esq.
Title:     CCO
Phone:     212-371-4063
Signature, Place and Date of Signing:

Deena Novick, New York, NY, May 14, 2013


Report Type (Check only one.):
[ X]        13F HOLDINGS REPORT.
[  ]        13F NOTICE.
[  ]        13F COMBINATION REPORT.


I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934

                           FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:         0

Form 13F Information Table Entry Total:    23

Form 13F Information Table Value Total:    258071




               
                                                                FORM 13F INFORMATION TABLE
                                                              VALUE   SHARES/ SH/ PUT/ INVSTMT   OTHER        VOTING AUTHORITY
           NAME OF ISSUER        TITLE OF CLASS     CUSIP   x($1000) PRN AMT  PRN CALL DISCRETN MANAGERS   SOLE    SHARED    NONE
  ------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- --------
D AMERICAN INTERNATION AL GROUP	COMMON STOCK	026874784	4658	120000	SH	SOLE		0	0	0   120000
D AMIRA NATURE FOODS LTD	COMMON STOCK	G0335L102	6870	867400	SH	SOLE		0	0	0  867400
D ANADARKO PETE CORP 		OPTIONS - CALLS	032511107	7871	 90000	SH CALL	SOLE		0	0	0  90000
D CABLEVISION SYS CORP 		OPTIONS - CALLS 12686C109	12584	841200	SH CALL	SOLE		0	0	0   841200
D COCA-COLA ENTERPRISE S INC AT	COMMON STOCK	19122T109       2754	 74600	SH 	SOLE		0	0	0  74600
D DRESSER-RAND GROUP INC COM 	COMMON STOCK	261608103       8751	141900	SH 	SOLE		0	0	0  141900
D ENCANA CORPORATION		COMMON STOCK	292505104  	7371	379000	SH 	SOLE		0	0	0  379000
D ENCANA CORPORATION		OPTIONS - CALLS	292505104  	487	 25000	SH CALL	SOLE		0	0	0 25000
D EOG RES INC COM STK		COMMON STOCK	26875P101	6199	 48400	SH 	SOLE		0	0	0  48400
D EOG RES INC 			OPTIONS - CALLS	26875P101	2241	 17500	SH CALL	SOLE		0	0	0   17500
D EZCHIP SEMICONDUCTOR LTD	COMMON STOCK	M4146Y108	3638	150755	SH 	SOLE		0	0	0  150755
D INTEL CORP 			COCOMMON STOCK	458140100	4382	200700	SH      SOLE		0	0	0  200700
D INTERXION HOLDING N.V.	COCOMMON STOCK	N47279109	3231	133400	SH      SOLE		0	0	0  133400
D ISHARES TR			OPTIONS - PUTS	464287655	19449	204000	SH PUT	SOLE		0	0	0  204000
D NOVAGOLD RES INC		COMMON STOCK	66987E206	2087	575000	SH 	SOLE		0	0	0   575000
D QLOGIC CORP 			COOMMON STOCK	747277101	2030	175000	SH      SOLE		0	0	0  175000
D SELECT SECTOR SPDR TRUST	OPTIONS - PUTS	81369Y506      71379	900000	SH PUT	SOLE		0	0	0  900000
D SOUTHWESTERN ENERGY COMPANY 	COMMON STOCK	845467109	3487	 93573	SH 	SOLE		0	0	0   93573
D SOUTHWESTERN ENERGY COMPANY 	OPTIONS - CALLS	845467109	5589	150000	SH CALL	SOLE		0	0	0   150000
D SPDR S&P 500 ETF TR		OPTIONS - PUTS	78462F103      62668	400000	SH PUT	SOLE		0	0	0  400000
D ULTRA PETROLEUM CORP COM	COMMON STOCK	903914109	7686	382400	SH 	SOLE		0	0	0  382400
D ULTRA PETROLEUM CORP COM	OPTIONS - CALLS	903914109	3747	186400	SH CALL	SOLE		0	0	0   186400
D VIACOM INC CLB COM STK	COMMON STOCK	92553P201       8913	144625	SH 	SOLE		0	0	0  144625



S REPORT SUMMARY                 23 DATA RECORDS             258071       0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED