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
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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
AERCAP HOLDINGS NV SHS N00985106 49,679 1,177,500 SH   SOLE   1,177,500 0 0
AMGEN INC COM 031162100 50,261 407,500 SH   SOLE   407,500 0 0
ANADARKO PETE CORP COM 032511107 42,592 502,500 SH   SOLE   502,500 0 0
APACHE CORP COM 037411105 54,747 660,000 SH   SOLE   660,000 0 0
BARRICK GOLD CORP COM 067901108 54,382 3,050,000 SH   SOLE   3,050,000 0 0
BARRICK GOLD CORP COM 067901108 8,692 487,500 SH Call SOLE   487,500 0 0
BERRY PLASTICS GROUP INC COM 08579W103 33,625 1,452,500 SH   SOLE   1,452,500 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 36,627 2,900,000 SH   SOLE   2,900,000 0 0
CITIGROUP INC COM NEW 172967424 74,494 1,565,000 SH   SOLE   1,565,000 0 0
D R HORTON INC COM 23331A109 81,675 3,772,500 SH   SOLE   3,772,500 0 0
DELPHI AUTOMOTIVE PLC SHS G27823106 51,234 755,000 SH   SOLE   755,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 119,023 3,435,000 SH   SOLE   3,435,000 0 0
GAMESTOP CORP NEW CL A 36467W109 69,151 1,682,500 SH   SOLE   1,682,500 0 0
GENERAL MTRS CO COM 37045V100 63,247 1,837,500 SH   SOLE   1,837,500 0 0
GENESEE & WYO INC CL A 371559105 51,677 531,000 SH   SOLE   531,000 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 56,963 2,180,000 SH   SOLE   2,180,000 0 0
HEALTH NET INC COM 42222G108 25,252 742,500 SH   SOLE   742,500 0 0
HEALTHWAYS INC COM 422245100 23,053 1,345,000 SH   SOLE   1,345,000 0 0
HERCULES OFFSHORE INC COM 427093109 32,417 7,062,500 SH   SOLE   7,062,500 0 0
HOLLYFRONTIER CORP COM 436106108 73,630 1,547,500 SH   SOLE   1,547,500 0 0
HOME DEPOT INC COM 437076102 17,804 225,000 SH   SOLE   225,000 0 0
HORMEL FOODS CORP COM 440452100 31,902 647,500 SH   SOLE   647,500 0 0
INTEL CORP COM 458140100 102,401 3,967,500 SH   SOLE   3,967,500 0 0
JPMORGAN CHASE & CO COM 46625H100 76,343 1,257,500 SH   SOLE   1,257,500 0 0
KINDRED HEALTHCARE INC COM 494580103 36,242 1,547,500 SH   SOLE   1,547,500 0 0
MACYS INC COM 55616P104 71,593 1,207,500 SH   SOLE   1,207,500 0 0
MARATHON PETE CORP COM 56585A102 35,469 407,500 SH   SOLE   407,500 0 0
METLIFE INC COM 59156R108 69,300 1,312,500 SH   SOLE   1,312,500 0 0
MICRON TECHNOLOGY INC COM 595112103 98,485 4,162,500 SH   SOLE   4,162,500 0 0
MONSANTO CO NEW COM 61166W101 50,912 447,500 SH   SOLE   447,500 0 0
MYRIAD GENETICS INC COM 62855J104 6,753 197,500 SH   SOLE   197,500 0 0
NUVERRA ENVIRONMENTAL SOLUTI COM NEW 67091K203 2,435 120,000 SH Put SOLE   120,000 0 0
NVIDIA CORP COM 67066G104 25,074 1,400,000 SH   SOLE   1,400,000 0 0
OLD DOMINION FGHT LINES INC COM 679580100 41,846 737,500 SH   SOLE   737,500 0 0
PBF ENERGY INC CL A 69318G106 36,443 1,412,500 SH   SOLE   1,412,500 0 0
PFIZER INC COM 717081103 94,754 2,950,000 SH   SOLE   2,950,000 0 0
PFIZER INC COM 717081103 187,902 5,850,000 SH Call SOLE   5,850,000 0 0
QUANTA SVCS INC COM 74762E102 65,959 1,787,500 SH   SOLE   1,787,500 0 0
RANGE RES CORP COM 75281A109 45,841 552,500 SH   SOLE   552,500 0 0
RAYMOND JAMES FINANCIAL INC COM 754730109 48,939 875,000 SH   SOLE   875,000 0 0
REGIONS FINL CORP NEW COM 7591EP100 40,302 3,627,500 SH   SOLE   3,627,500 0 0
SANDISK CORP COM 80004C101 41,813 515,000 SH   SOLE   515,000 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 68,094 1,212,500 SH   SOLE   1,212,500 0 0
SOUTH JERSEY INDS INC COM 838518108 42,909 765,000 SH   SOLE   765,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 102,287 827,500 SH   SOLE   827,500 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 108,468 877,500 SH Call SOLE   877,500 0 0
STATE STR CORP COM 857477103 60,682 872,500 SH   SOLE   872,500 0 0
TOLL BROTHERS INC COM 889478103 44,157 1,230,000 SH   SOLE   1,230,000 0 0
TYCO INTERNATIONAL LTD SHS H89128104 46,640 1,100,000 SH   SOLE   1,100,000 0 0
UNITED RENTALS INC COM 911363109 52,454 552,500 SH   SOLE   552,500 0 0
UNITEDHEALTH GROUP INC COM 91324P102 42,225 515,000 SH   SOLE   515,000 0 0
VEECO INSTRS INC DEL COM 922417100 53,146 1,267,500 SH   SOLE   1,267,500 0 0
VISTEON CORP COM NEW 92839U206 36,482 412,500 SH   SOLE   412,500 0 0
WELLPOINT INC COM 94973V107 48,282 485,000 SH   SOLE   485,000 0 0
WESTERN DIGITAL CORP COM 958102105 37,968 413,500 SH   SOLE   413,500 0 0