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
ALCOA INC COM 013817101 35 2,000 SH   DFND 2,000 0 0
AMYLIN PHARMACEUTICALS LLC COM 032346108 3 247 SH   DFND 48 247 0 0
AT&T INC COM 00206R102 142 4,641 SH   DFND 48 4,641 0 0
AT&T INC COM 00206R102 18 600 SH Put DFND 48 600 0 0
BANK OF AMERICA CORP COM 060505104 1,566 117,458 SH   DFND 48 117,458 0 0
BANK OF AMERICA CORP COM 060505104 55 4,098 SH Call DFND 48 4,098 0 0
BANK OF AMERICA CORP COM 060505104 37 2,800 SH Put DFND 48 2,800 0 0
BARRICK GOLD CORP COM 067901108 1,582 29,700 SH   DFND 29,700 0 0
BB&T CORP COM 054937107 45 1,630 SH Call DFND 1,630 0 0
BERKSHIRE HATHAWAY INC-CL B CL B 084670702 113 1,353 SH Call DFND 48 1,353 0 0
BERKSHIRE HATHAWAY INC-CL B CL B 084670702 364 4,350 SH Put DFND 48 4,350 0 0
BLACKSTONE GROUP LP/THE COM 09253U108 2,485 138,980 SH   DFND 138,980 0 0
BOSTON SCIENTIFIC CORP COM 101137107 193 26,808 SH Call DFND 48 26,808 0 0
BP PLC-SPONS ADR SPON 055622104 1,589 36,000 SH   DFND 36,000 0 0
BP PLC-SPONS ADR SPON 055622104 30 684 SH Call DFND 684 0 0
BROCADE COMMUNICATIONS SYS COM 111621306 12 2,000 SH Call DFND 2,000 0 0
CEMEX SAB-SPONS ADR PART CER SPON 151290889 3 300 SH Call DFND 300 0 0
CINTAS CORP COM 172908105 2 72 SH   DFND 48 72 0 0
CISCO SYSTEMS INC COM 17275R102 1,131 65,953 SH   DFND 48 65,953 0 0
CISCO SYSTEMS INC COM 17275R102 139 8,094 SH Call DFND 48 8,094 0 0
CISCO SYSTEMS INC COM 17275R102 96 5,620 SH Put DFND 48 5,620 0 0
CITIGROUP INC COM 172967101 186 42,000 SH Call DFND 42,000 0 0
CITIGROUP INC COM 172967101 23 5,100 SH Put DFND 5,100 0 0
COCA-COLA CO/THE COM 191216100 10 156 SH Call DFND 156 0 0
CONOCOPHILLIPS COM 20825C104 379 4,743 SH   DFND 48 4,743 0 0
DU PONT (E.I.) DE NEMOURS COM 263534109 14 250 SH Call DFND 48 250 0 0
EASTMAN KODAK CO COM 277461109 6 1,808 SH Call DFND 1,808 0 0
EXPEDIA INC COM 30212P105 0 18 SH   DFND 18 0 0
EXXON MOBIL CORP COM 30231G102 1,673 19,887 SH   DFND 48 19,887 0 0
EXXON MOBIL CORP COM 30231G102 143 1,699 SH Call DFND 1,699 0 0
EXXON MOBIL CORP COM 30231G102 25 300 SH Call DFND 48 300 0 0
EXXON MOBIL CORP COM 30231G102 139 1,650 SH Put DFND 48 1,650 0 0
FINANCIAL SELECT SECTOR SPDR SBI 81369Y605 51 3,082 SH Call DFND 3,082 0 0
FINANCIAL SELECT SECTOR SPDR SBI 81369Y605 123 7,500 SH Put DFND 7,500 0 0
FORD MOTOR CO COM 345370860 1,900 127,400 SH   DFND 127,400 0 0
FORD MOTOR CO COM 345370860 14 910 SH Call DFND 910 0 0
GENERAL ELECTRIC CO COM 369604103 7,200 359,094 SH   DFND 48 359,094 0 0
GENERAL ELECTRIC CO COM 369604103 245 12,206 SH   DFND 12,206 0 0
GENERAL ELECTRIC CO COM 369604103 60 3,000 SH Call DFND 48 3,000 0 0
GENERAL ELECTRIC CO COM 369604103 299 14,889 SH Put DFND 48 14,889 0 0
HJ HEINZ CO COM 423074103 960 19,673 SH   DFND 19,673 0 0
HOME DEPOT INC COM 437076102 4,316 116,462 SH   DFND 48 116,462 0 0
INTEL CORP COM 458140100 9,732 492,023 SH   DFND 492,023 0 0
INTEL CORP COM 458140100 20 995 SH Call DFND 995 0 0
INTEL CORP COM 458140100 49 2,500 SH Put DFND 2,500 0 0
ISHARES MSCI EAFE ETF MSCI 464287465 8,755 145,723 SH   DFND 48 145,723 0 0
ISHARES MSCI EAFE ETF MSCI 464287465 526 8,752 SH Call DFND 48 8,752 0 0
ISHARES MSCI EAFE ETF MSCI 464287465 2,034 33,860 SH Put DFND 48 33,860 0 0
ISHARES MSCI EMERGING MARKET MSCI 464287234 19,251 395,541 SH   DFND 48 395,541 0 0
ISHARES MSCI EMERGING MARKET MSCI 464287234 1,611 33,091 SH Call DFND 48 33,091 0 0
ISHARES MSCI EMERGING MARKET MSCI 464287234 2,057 42,260 SH Put DFND 48 42,260 0 0
ISHARES RUSSELL 2000 ETF RUSS 464287655 480 5,700 SH   DFND 5,700 0 0
JOHNSON & JOHNSON COM 478160104 18 300 SH Call DFND 300 0 0
JPMORGAN CHASE & CO COM 46625H100 235 5,087 SH Call DFND 48 5,087 0 0
JPMORGAN CHASE & CO COM 46625H100 222 4,806 SH Put DFND 48 4,806 0 0
MERCK & CO. INC. COM 58933Y105 66 1,986 SH Call DFND 48 1,986 0 0
MERCK & CO. INC. COM 58933Y105 79 2,400 SH Put DFND 48 2,400 0 0
METLIFE INC COM 59156R108 1,302 29,100 SH   DFND 29,100 0 0
METLIFE INC COM 59156R108 89 2,000 SH Call DFND 2,000 0 0
MICROSOFT CORP COM 594918104 15,834 609,460 SH   DFND 48 609,460 0 0
MICROSOFT CORP COM 594918104 122 4,700 SH Call DFND 48 4,700 0 0
MICROSOFT CORP COM 594918104 96 3,700 SH Put DFND 48 3,700 0 0
MORGAN STANLEY COM 617446448 16 600 SH Put DFND 48 600 0 0
PFIZER INC COM 717081103 9,765 480,798 SH   DFND 48 480,798 0 0
PFIZER INC COM 717081103 168 8,295 SH   DFND 8,295 0 0
PFIZER INC COM 717081103 46 2,250 SH Call DFND 48 2,250 0 0
PFIZER INC COM 717081103 107 5,290 SH Put DFND 48 5,290 0 0
RESEARCH IN MOTION COM 760975102 25 450 SH Put DFND 450 0 0
SPRINT COMMUNICATIONS INC COM 852061100 3 550 SH Put DFND 550 0 0
UNITED STATES STEEL CORP COM 912909108 81 1,500 SH Call DFND 1,500 0 0
WAL-MART STORES INC COM 931142103 11 200 SH Put DFND 48 200 0 0
WELLS FARGO & CO COM 949746101 5,036 158,802 SH   DFND 48 158,802 0 0
WELLS FARGO & CO COM 949746101 46 1,454 SH Call DFND 48 1,454 0 0
WELLS FARGO & CO COM 949746101 186 5,881 SH Put DFND 48 5,881 0 0