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
AMERCO COM 023586100 1,153 4,404 SH   OTR 1,2 0 4,404 0
AMERICAN AIRLS GROUP INC COM 02376R102 895 25,224 SH   OTR 1,2 0 25,224 0
ATLANTIC PWR CORP COM NEW 04878Q863 542 227,740 SH   OTR 1,2 0 227,740 0
BANK AMER CORP COM 060505104 1,755 102,917 SH   OTR 1,2 0 102,917 0
BANK AMER CORP COM 060505104 230 13,500 SH Call OTR 1,2 0 13,500 0
BARNES & NOBLE INC COM 067774109 200 10,127 SH   OTR 1,2 0 10,127 0
BERRY PLASTICS GROUP INC COM 08579W103 945 37,422 SH   OTR 1,2 0 37,422 0
CARMIKE CINEMAS INC COM 143436400 172 5,543 SH   OTR 1,2 0 5,543 0
CLUBCORP HLDGS INC COM 18948M108 2,721 137,202 SH   OTR 1,2 0 137,202 0
CLUBCORP HLDGS INC COM 18948M108 173 8,700 SH Call OTR 1,2 0 8,700 0
COMCAST CORP NEW CL A 20030N101 1,018 18,922 SH   OTR 1,2 0 18,922 0
DIAMOND RESORTS INTL INC COM 25272T104 2,281 100,238 SH   OTR 1,2 0 100,238 0
DISH NETWORK CORP CL A 25470M109 130 2,020 SH   OTR 1,2 0 2,020 0
GRAPHIC PACKAGING HLDG CO COM 388689101 2,413 194,133 SH   OTR 1,2 0 194,133 0
INNOPHOS HOLDINGS INC COM 45774N108 2,481 45,035 SH   OTR 1,2 0 45,035 0
INNOPHOS HOLDINGS INC COM 45774N108 149 2,700 SH Call OTR 1,2 0 2,700 0
JASON INDS INC COM 471172106 900 102,518 SH   OTR 1,2 0 102,518 0
LORAL SPACE & COMMUNICATNS I COM 543881106 172 2,398 SH   OTR 1,2 0 2,398 0
MICROSOFT CORP COM 594918104 372 8,022 SH   OTR 1,2 0 8,022 0
MOLSON COORS BREWING CO CL B 60871R209 1,316 17,677 SH   OTR 1,2 0 17,677 0
NORTH AMERN ENERGY PARTNERS COM 656844107 1,637 254,254 SH   OTR 1,2 0 254,254 0
OCCIDENTAL PETE CORP DEL COM 674599105 868 9,025 SH   OTR 1,2 0 9,025 0
OCCIDENTAL PETE CORP DEL COM 674599105 1,288 13,400 SH Call OTR 1,2 0 13,400 0
OFFICE DEPOT INC COM 676220106 9 1,682 SH   OTR 1,2 0 1,682 0
OM GROUP INC COM 670872100 491 18,927 SH   OTR 1,2 0 18,927 0
OWENS CORNING NEW COM 690742101 57 1,787 SH   OTR 1,2 0 1,787 0
PENN WEST PETE LTD NEW COM 707887105 1,695 251,076 SH   OTR 1,2 0 251,076 0
PEPSICO INC COM 713448108 184 1,974 SH   OTR 1,2 0 1,974 0
PEPSICO INC COM 713448108 1,722 18,500 SH Call OTR 1,2 0 18,500 0
SENSIENT TECHNOLOGIES CORP COM 81725T100 884 16,890 SH   OTR 1,2 0 16,890 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 16,491 83,700 SH Put OTR 1,2 0 83,700 0
TALISMAN ENERGY INC COM 87425E103 123 14,200 SH Call OTR 1,2 0 14,200 0
TIM HORTONS INC COM 88706M103 1,684 21,370 SH   OTR 1,2 0 21,370 0
TRANSCANADA CORP COM 89353D107 635 12,330 SH   OTR 1,2 0 12,330 0
TRINSEO S A SHS L9340P101 676 43,001 SH   OTR 1,2 0 43,001 0
WABASH NATL CORP COM 929566107 1,140 85,588 SH   OTR 1,2 0 85,588 0
WAUSAU PAPER CORP COM 943315101 604 76,163 SH   OTR 1,2 0 76,163 0