13F-HR 1 saierscapital1q2013.txt SAIERS CAPITAL, LLC 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: Saiers Capital, LLC Address: 2 Rector Street 3rd Floor New York, NY 10006 13F File Number: 028-13535 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 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: Jason Adler Title: Chief Executive Officer Phone: 212-659-3831 Signature, Place, and Date of Signing: /s/ Jason Adler New York, NY May 14, 2013 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 221 Form 13F Information Table Value Total: $480,258 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. No. 13F File Number Name 01 028- Alphabet Advisors, LLC 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 DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M CO COM 88579Y101 9 184900 SH PUT SOLE 184900 0 0 3M CO COM 88579Y101 1197 90400 SH CALL SOLE 90400 0 0 ABBOTT LABS COM 002824100 744 21500 SH SOLE 21500 0 0 ABERCROMBIE & FITCH CO CL A 002896207 953 20800 SH SOLE 20800 0 0 ABERCROMBIE & FITCH CO CL A 002896207 148 157800 SH PUT SOLE 157800 0 0 AFLAC INC COM 001055102 2901 55900 SH SOLE 55900 0 0 AFLAC INC COM 001055102 175 62500 SH CALL SOLE 62500 0 0 AFLAC INC COM 001055102 517 492600 SH PUT SOLE 492600 0 0 AGILENT TECHNOLOGIES INC COM 00846U101 5682 135000 SH SOLE 135000 0 0 AGILENT TECHNOLOGIES INC COM 00846U101 756 650000 SH PUT SOLE 650000 0 0 ALPHA NATURAL RESOURCES INC COM 02076X102 3365 400665 SH SOLE 400665 0 0 ALPHA NATURAL RESOURCES INC COM 02076X102 630 1250000 SH PUT SOLE 1250000 0 0 AMERICAN EXPRESS CO COM 025816109 1074 16000 SH SOLE 16000 0 0 AMERICAN EXPRESS CO COM 025816109 46 176400 SH PUT SOLE 176400 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 1181 2800400 SH PUT SOLE 2800400 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 11782 308040 SH SOLE 308040 0 0 AMGEN INC COM 031162100 1862 18600 SH SOLE 18600 0 0 APACHE CORP COM 037411105 6697 88200 SH SOLE 88200 0 0 APACHE CORP COM 037411105 341 211200 SH PUT SOLE 211200 0 0 APPLE INC COM 037833100 1808 4000 SH SOLE 4000 0 0 APPLE INC COM 037833100 326 250000 SH CALL SOLE 250000 0 0 ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L104 7779 592480 SH SOLE 592480 0 0 ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L104 1698 834000 SH PUT SOLE 834000 0 0 BAKER HUGHES INC COM 057224107 444 150000 SH CALL SOLE 150000 0 0 BAKER HUGHES INC COM 057224107 699 1508500 SH PUT SOLE 1508500 0 0 BANK OF AMERICA CORPORATION COM 060505104 647 8660400 SH PUT SOLE 8660400 0 0 BANK OF AMERICA CORPORATION COM 060505104 6113 499871 SH SOLE 499871 0 0 BARRICK GOLD CORP COM 067901108 2425 1322600 SH PUT SOLE 1322600 0 0 BARRICK GOLD CORP COM 067901108 25525 869111 SH SOLE 869111 0 0 BB&T CORP COM 054937107 234 7500 SH SOLE 7500 0 0 BB&T CORP COM 054937107 55 50000 SH CALL SOLE 50000 0 0 BB&T CORP COM 054937107 128 513700 SH PUT SOLE 513700 0 0 BOEING CO COM 097023105 249 2900 SH SOLE 2900 0 0 BOEING CO COM 097023105 111 225400 SH PUT SOLE 225400 0 0 BP PLC SPONSORED ADR 055622104 422 10000 SH SOLE 10000 0 0 BP PLC SPONSORED ADR 055622104 4 193800 SH PUT SOLE 193800 0 0 CAPITAL ONE FINL CORP COM 14040H105 1820 33208 SH SOLE 33208 0 0 CAPITAL ONE FINL CORP COM 14040H105 148 116500 SH PUT SOLE 116500 0 0 CATERPILLAR INC DEL COM 149123101 22485 258748 SH SOLE 258748 0 0 CATERPILLAR INC DEL COM 149123101 2174 939600 SH PUT SOLE 939600 0 0 CHESAPEAKE ENERGY CORP COM 165167107 410 20000 SH SOLE 20000 0 0 CHESAPEAKE ENERGY CORP COM 165167107 12 171700 SH PUT SOLE 171700 0 0 CHEVRON CORP NEW COM 166764100 187 102200 SH PUT SOLE 102200 0 0 CHEVRON CORP NEW COM 166764100 2523 21000 SH SOLE 21000 0 0 CISCO SYS INC COM 17275R102 21 664900 SH PUT SOLE 664900 0 0 CITIGROUP INC COM NEW 172967424 6897 155135 SH SOLE 155135 0 0 CITIGROUP INC COM NEW 172967424 906 2883500 SH PUT SOLE 2883500 0 0 CLIFFS NAT RES INC COM 18683K101 13222 716303 SH SOLE 716303 0 0 CLIFFS NAT RES INC COM 18683K101 7856 782300 SH PUT SOLE 782300 0 0 COACH INC COM 189754104 7630 153800 SH SOLE 153800 0 0 COACH INC COM 189754104 454 96300 SH CALL SOLE 96300 0 0 COACH INC COM 189754104 1388 721600 SH PUT SOLE 721600 0 0 COMERICA INC COM 200340107 357 10000 SH SOLE 10000 0 0 COMERICA INC COM 200340107 42 41600 SH PUT SOLE 41600 0 0 CONOCOPHILLIPS COM 20825C104 1056 17500 SH SOLE 17500 0 0 CONOCOPHILLIPS COM 20825C104 55 112700 SH PUT SOLE 112700 0 0 CONSOL ENERGY INC COM 20854P109 3171 92076 SH SOLE 92076 0 0 CONSOL 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263534109 1368 28000 SH SOLE 28000 0 0 DU PONT E I DE NEMOURS & CO COM 263534109 806 461400 SH CALL SOLE 461400 0 0 DU PONT E I DE NEMOURS & CO COM 263534109 901 1099100 SH PUT SOLE 1099100 0 0 E M C CORP MASS COM 268648102 7806 327600 SH SOLE 327600 0 0 E M C CORP MASS COM 268648102 236 800600 SH PUT SOLE 800600 0 0 EATON CORP PLC SHS G29183103 303 5000 SH SOLE 5000 0 0 EATON CORP PLC SHS G29183103 42 25000 SH PUT SOLE 25000 0 0 FACEBOOK INC CL A 30303M102 437 422200 SH PUT SOLE 422200 0 0 FACEBOOK INC CL A 30303M102 4877 186950 SH SOLE 186950 0 0 FEDEX CORP COM 31428X106 41 75000 SH PUT SOLE 75000 0 0 FIRSTHAND TECH VALUE FD INC COM 33766Y100 540 27993 SH SOLE 27993 0 0 FLUOR CORP NEW COM 343412102 955 14638 SH SOLE 14638 0 0 FLUOR CORP NEW COM 343412102 77 218000 SH PUT SOLE 218000 0 0 FORD MTR CO DEL COM PAR $0.01 345370860 2440 184600 SH SOLE 184600 0 0 FORD MTR CO DEL COM PAR $0.01 345370860 191 1301900 SH PUT SOLE 1301900 0 0 FREEPORT-MCMORAN COPPER & GO COM 35671D857 10906 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5500 SH SOLE 5500 0 0 HARLEY DAVIDSON INC COM 412822108 8 123400 SH PUT SOLE 123400 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 2299 88603 SH SOLE 88603 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 275 712300 SH PUT SOLE 712300 0 0 HESS CORP COM 42809H107 8 98900 SH PUT SOLE 98900 0 0 HEWLETT PACKARD CO COM 428236103 5 214700 SH PUT SOLE 214700 0 0 HEWLETT PACKARD CO COM 428236103 1768 75000 SH SOLE 75000 0 0 HOME DEPOT INC COM 437076102 1393 20000 SH SOLE 20000 0 0 HONEYWELL INTL INC COM 438516106 790 61400 SH CALL SOLE 61400 0 0 HONEYWELL INTL INC COM 438516106 190 130200 SH PUT SOLE 130200 0 0 HUMANA INC COM 444859102 240 3500 SH SOLE 3500 0 0 HUMANA INC COM 444859102 97 103200 SH PUT SOLE 103200 0 0 HUNTSMAN CORP COM 447011107 1 75000 SH PUT SOLE 75000 0 0 INSTITUTIONAL FINL MKTS INC COM 45779L107 123 51567 SH SOLE 51567 0 0 INTL PAPER CO COM 460146103 2829 62100 SH SOLE 62100 0 0 INTL PAPER CO COM 460146103 324 795300 SH PUT SOLE 795300 0 0 ITAU UNIBANCO HLDG SA SPON ADR REP 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