NPORT-P false 0001464413 XXXXXXXX S000070423 C000223904 Starboard Investment Trust 811-22298 0001464413 549300IGQEISLESO0528 116 South Franklin Street Rocky Mount 27804 252-972-9922 Adaptive Alpha Opportunities ETF S000070423 549300P51JP3J8J79150 2026-05-31 2025-11-30 N 422312138.47 51023419.51 371288718.96 0 0 0 0 0 0 0 0 0 0 0 0 0 0 USD N n/a n/a Apple Inc HWUPKR0MPOU8FGXBT394 037833100 3387 NS USD 944464.95 0.25 Long EC CORP US N 1 N N N Advanced Micro R2I72C950HOYXII45366 007903107 215 NS USD 46768.95 0.01 Long EC CORP US N 1 N N N Amazon.com Inc ZXTILKJKG63JELOEG630 023135106 3780 NS USD 881571.6 0.24 Long EC CORP US N 1 N N N Arista Networks Inc N/A 040413205 1022 NS USD 133554.96 0.04 Long EC CORP US N 1 N N N Archrock Inc N/A 03957W106 34592 NS USD 848887.68 0.23 Long EC CORP US N 1 N N N Broadcom Inc N/A 11135F101 369 NS USD 148692.24 0.04 Long EC CORP US N 1 N N N Alibaba Group Holdin N/A 01609W102 -16200 NS USD -2548260 -0.69 Short EC CORP CN N 1 N N N Booking Holdings Inc N/A 09857L108 296 NS USD 1454748.24 0.39 Long EC CORP US N 1 N N N Badger Meter Inc N/A 056525108 14158 NS USD 2527769.32 0.68 Long EC CORP US N 1 N N N Boston Scientific Co N/A 101137107 50388 NS USD 5118413.04 1.38 Long EC CORP US N 1 N N N Cboe Global Markets N/A 12503M108 10204 NS USD 2634366.68 0.71 Long EC CORP US N 1 N N N CONSTELLATION N/A 21037T109 2011 NS USD 732727.96 0.2 Long EC CORP US N 1 N N N Charter Communicatio N/A 16119P108 50984 NS USD 10202918.08 2.75 Long EC CORP US N 1 N N N Coinbase Global Inc N/A 19260Q107 30576 NS USD 8341744.32 2.25 Long EC CORP US N 1 N N N CommScope Holding Co N/A 20337X109 1332 NS USD 26293.68 0.01 Long EC CORP US N 1 N N N salesforce.com Inc RCGZFPDMRW58VJ54VR07 79466L302 641 NS USD 147776.14 0.04 Long EC CORP US N 1 N N N Carpenter Technology N/A 144285103 408 NS USD 129964.32 0.04 Long EC CORP US N 1 N N N Carvana Co N/A 146869102 -30000 NS USD -11235000 -3.03 Short EC CORP US N 1 N N N Dollar General Corp OPX52SQVOZI8IVSWYU66 256677105 1111 NS USD 121643.39 0.03 Long EC CORP US N 1 N N N Ecolab Inc N/A 278865100 3931 NS USD 1081653.96 0.29 Long EC CORP US N 1 N N N frontdoor Inc N/A 35905A109 32538 NS USD 1754774.34 0.47 Long EC CORP US N 1 N N N General Electric Co N/A 369604301 30380 NS USD 9066911 2.44 Long EC CORP US N 1 N N N Green Brick Partners N/A 392709101 1072 NS USD 72767.36 0.02 Long EC CORP US N 1 N N N HOWMET AEROSPACE INC N/A 443201108 27709 NS USD 5668984.31 1.53 Long EC CORP US N 1 N N N IES Holdings Inc N/A 44951W106 5940 NS USD 2486305.8 0.67 Long EC CORP US N 1 N N N IonQ Inc N/A 46222L108 18336 NS USD 903964.8 0.24 Long EC CORP US N 1 N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 46625H100 36474 NS USD 11419279.92 3.08 Long EC CORP US N 1 N N N Eli Lilly & Co N/A 532457108 966 NS USD 1038904.02 0.28 Long EC CORP US N 1 N N N Lam Research Corp N/A 512807306 45243 NS USD 7057908 1.9 Long EC CORP US N 1 N N N META PLATFORMS INC. 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ISHARES MSCI AUSTRIA N/A 464286202 50000 NS USD 1650000 0.44 Long EC CORP US N 1 N N N SPDR Gold Shares 549300ZFEEJ2IP5VME73 78463V107 20128 NS USD 7807248.64 2.1 Long EC CORP US N 1 N N N iShares Russell 2000 549300O80OAR5VTWR172 464287655 171037 NS USD 42545453.75 11.46 Long EC CORP US N 1 N N N State Street SPDR 549300BBJPWNKDPREW36 78464A771 26328 NS USD 3838622.4 1.03 Long EC CORP US N 1 N N N Invesco QQQ Trust Se 549300VY6FEJBCIMET58 46090E103 121386 NS USD 75168280.5 20.25 Long EC CORP US N 1 N N N VanEck Vectors Semic 549300MJTG2N9QRH7I02 92189F676 6655 NS USD 2344423.4 0.63 Long EC CORP US N 1 N N N SPDR S&P 500 ETF Tru 549300NZAMSJ8FXPQQ63 78462F103 62434 NS USD 42666771.26 11.49 Long EC CORP US N 1 N N N Vanguard Financials 549300MP6BT0L4Q61L10 92204A405 72800 NS USD 9464000 2.55 Long EC CORP US N 1 N N N Vanguard FTSE Europe N/A 922042874 70472 NS USD 5745582.16 1.55 Long EC CORP US N 1 N N N State Street SPDR 5493006TZ0473G1GOE68 78464A631 13804 NS USD 3178923.16 0.86 Long EC CORP US N 1 N N N Communication Servic 549300RPODKQJE2HDW24 81369Y852 2698 NS USD 311322.22 0.08 Long EC CORP US N 1 N N N Financial Select Sec 549300Y12KQ6ZG08NY28 81369Y605 150327 NS USD 8016938.91 2.16 Long EC CORP US N 1 N N N Technology Select Se 549300BR5T0JNM2MW070 81369Y803 10198 NS USD 2918871.56 0.79 Long EC CORP US N 1 N N N Utilities Select Sec 549300ERQDM80PRYUH21 81369Y886 1000 NS USD 90630 0.02 Long EC CORP US N 1 N N N SPDR NYSE Technology N/A 78464A102 20448 NS USD 5643648 1.52 Long EC CORP US N 1 N N N Tesla Inc N/A 88160R101 200 NC USD 255500 0.07 Long DE US N 2 CLEAR ST N/A Put Purchased Tesla Inc COMMSTCK 100 417.5 USD 2025-12-20 XXXX -179903.74 N N N Reddit Inc N/A 75734B100 -500 NC USD -2877500 -0.78 Short DE US N 2 CLEAR ST N/A Call Written Reddit Inc COMMSTCK 100 160 USD 2025-12-20 XXXX -69000.35 N N N Reddit Inc N/A 75734B100 500 NC USD 38750 0.01 Long DE US N 2 CLEAR ST N/A Put Purchased Reddit Inc COMMSTCK 100 160 USD 2025-12-20 XXXX -114259.35 N N N Microsoft Corp N/A 594918104 250 NC USD 163125 0.04 Long DE US N 2 CLEAR ST N/A Put Purchased Microsoft Corp COMMSTCK 100 485 USD 2025-12-20 XXXX -189329.68 N N N State Street SPDR N/A 78462F103 500 NC USD 1201750 0.32 Long DE US N 2 CLEAR ST N/A Call Purchased State Street SPDR ETF 100 664 USD 2025-12-20 XXXX 336240.65 N N N State Street SPDR N/A 78462F103 -88 NC USD -198396 -0.05 Short DE US N 2 CLEAR ST N/A Call Written State Street SPDR ETF 100 665 USD 2025-12-20 XXXX -30933.65 N N N State Street SPDR N/A 78462F103 -588 NC USD -243432 -0.07 Short DE US N 2 CLEAR ST N/A Put Written State Street SPDR ETF 100 665 USD 2025-12-20 XXXX 152679.49 N N N State Street SPDR N/A 78462F103 500 NC USD 1225000 0.33 Long DE US N 2 CLEAR ST N/A Call Purchased State Street SPDR ETF 100 670 USD 2026-01-17 XXXX 328630.65 N N N Palantir Technologie N/A 69608A108 1000 NC USD 650000 0.18 Long DE US N 2 CLEAR ST N/A Put Purchased Palantir Technologie COMMSTCK 100 155 USD 2026-01-17 XXXX -690018.7 N N N Western Digital Corp N/A 958102105 -800 NC USD -3412000 -0.92 Short DE US N 2 CLEAR ST N/A Call Written Western Digital Corp COMMSTCK 100 120 USD 2025-12-20 XXXX -1017614.96 N N N Western Digital Corp N/A 958102105 800 NC USD 48800 0.01 Long DE US N 2 CLEAR ST N/A Put Purchased Western Digital Corp COMMSTCK 100 120 USD 2025-12-20 XXXX -236014.96 N N N Tesla Inc N/A 88160R101 156 NC USD 542490 0.15 Long DE US N 2 CLEAR ST N/A Call Purchased Tesla Inc COMMSTCK 100 405 USD 2025-12-20 XXXX 248914.08 N N N State Street SPDR N/A 78462F103 1900 NC USD 2623900 0.71 Long DE US N 2 CLEAR ST N/A Call Purchased State Street SPDR ETF 100 676 USD 2025-12-20 XXXX 494464.47 N N N State Street SPDR N/A 78462F103 200 NC USD 294700 0.08 Long DE US N 2 CLEAR ST N/A Call Purchased State Street SPDR ETF 100 675 USD 2025-12-20 XXXX -13503.74 N N N General Electric Co N/A 369604301 -250 NC USD -66750 -0.02 Short DE US N 2 CLEAR ST N/A Call Written General Electric Co COMMSTCK 100 330 USD 2026-01-17 XXXX -1000.68 N N N State Street SPDR N/A 78462F103 500 NC USD 256500 0.07 Long DE US N 2 CLEAR ST N/A Put Purchased State Street SPDR ETF 100 670 USD 2025-12-20 XXXX -331397.35 N N N VanEck Vectors Semic N/A 92189F676 -2000 NC USD -1470000 -0.4 Short DE US N 2 CLEAR ST N/A Call Written VanEck Vectors Semic ETF 100 360 USD 2025-12-20 XXXX 68164.6 N N N VanEck Vectors Semic N/A 92189F676 -1000 NC USD -283000 -0.08 Short DE US N 2 CLEAR ST N/A Call Written VanEck Vectors Semic ETF 100 375 USD 2025-12-20 XXXX 332545.3 N N N General Electric Co N/A 369604301 -1000 NC USD -355000 -0.1 Short DE US N 2 CLEAR ST N/A Call Written General Electric Co COMMSTCK 100 310 USD 2025-12-20 XXXX 373407.3 N N N NVIDIA Corp N/A 67066G104 1000 NC USD 315000 0.08 Long DE US N 2 CLEAR ST N/A Call Purchased NVIDIA Corp COMMSTCK 100 187 USD 2025-12-20 XXXX -933454.7 N N N Rocket Lab USA Inc N/A 773121108 500 NC USD 103500 0.03 Long DE US N 2 CLEAR ST N/A Put Purchased Rocket Lab USA Inc COMMSTCK 100 40 USD 2025-12-20 XXXX -36653.35 N N N Palantir Technologie N/A 69608A108 800 NC USD 500000 0.13 Long DE US N 2 CLEAR ST N/A Put Purchased Palantir Technologie COMMSTCK 100 165 USD 2025-12-20 XXXX -238994.96 N N N Alibaba Group Holdin N/A 01609W102 250 NC USD 183125 0.05 Long DE US N 2 CLEAR ST N/A Call Purchased Alibaba Group Holdin COMMSTCK 100 155 USD 2025-12-20 XXXX -8555.68 N N N NVIDIA Corp N/A 67066G104 500 NC USD 155000 0.04 Long DE US N 2 CLEAR ST N/A Put Purchased NVIDIA Corp COMMSTCK 100 180 USD 2025-11-29 XXXX -96174.35 N N N Invesco QQQ Trust Se N/A 46090E103 -2000 NC USD -1000 0 Short DE US N 2 CLEAR ST N/A Put Written Invesco QQQ Trust Se ETF 100 575 USD 2025-11-29 XXXX 1295962.6 N N N NVIDIA Corp N/A 67066G104 1000 NC USD 500 0 Long DE US N 2 CLEAR ST N/A Call Purchased NVIDIA Corp COMMSTCK 100 182.5 USD 2025-11-29 XXXX -285518.7 N N N General Electric Co N/A 369604301 1000 NC USD 760000 0.2 Long DE US N 2 CLEAR ST N/A Call Purchased General Electric Co COMMSTCK 100 300 USD 2025-12-20 XXXX -445444.7 N N N NVIDIA Corp N/A 67066G104 500 NC USD 602500 0.16 Long DE US N 2 CLEAR ST N/A Put Purchased NVIDIA Corp COMMSTCK 100 186 USD 2025-12-20 XXXX 66521.65 N N N VanEck Vectors Semic N/A 92189F676 2000 NC USD 3590000 0.97 Long DE US N 2 CLEAR ST N/A Call Purchased VanEck Vectors Semic ETF 100 340 USD 2025-12-20 XXXX 350653.6 N N N Rocket Lab USA Inc N/A 773121108 -500 NC USD -47250 -0.01 Short DE US N 2 CLEAR ST N/A Call Written Rocket Lab USA Inc COMMSTCK 100 50 USD 2025-12-20 XXXX 69202.65 N N N State Street SPDR N/A 78462F103 1000 NC USD 2827500 0.76 Long DE US N 2 CLEAR ST N/A Call Purchased State Street SPDR ETF 100 659 USD 2025-12-20 XXXX 1296229.8 N N N VanEck Vectors Semic N/A 92189F676 1200 NC USD 1164000 0.31 Long DE US N 2 CLEAR ST N/A Call Purchased VanEck Vectors Semic ETF 100 355 USD 2025-12-20 XXXX -904723.45 N N N Invesco QQQ Trust Se N/A 46090E103 184 NC USD 384836 0.1 Long DE US N 2 CLEAR ST N/A Call Purchased Invesco QQQ Trust Se ETF 100 606 USD 2025-12-20 XXXX 97780.56 N N N Alibaba Group Holdin N/A 01609W102 -250 NC USD -18750 -0.01 Short DE US N 2 CLEAR ST N/A Put Written Alibaba Group Holdin COMMSTCK 100 130 USD 2026-01-17 XXXX 33275.32 N N N Invesco QQQ Trust Se N/A 46090E103 -500 NC USD -858500 -0.23 Short DE US N 2 CLEAR ST N/A Call Written Invesco QQQ Trust Se ETF 100 611 USD 2025-12-20 XXXX -252009.35 N N N Invesco QQQ Trust Se N/A 46090E103 816 NC USD 2111400 0.57 Long DE US N 2 CLEAR ST N/A Call Purchased Invesco QQQ Trust Se ETF 100 600 USD 2025-12-20 XXXX 634246.74 N N N VanEck Vectors Semic N/A 92189F676 500 NC USD 232500 0.06 Long DE US N 2 CLEAR ST N/A Put Purchased VanEck Vectors Semic ETF 100 335 USD 2025-12-20 XXXX -460509.35 N N N Invesco QQQ Trust Se N/A 46090E103 2000 NC USD 2982000 0.8 Long DE US N 2 CLEAR ST N/A Call Purchased Invesco QQQ Trust Se ETF 100 615 USD 2025-12-20 XXXX 282821.6 N N N Invesco QQQ Trust Se N/A 46090E103 1000 NC USD 936500 0.25 Long DE US N 2 CLEAR ST N/A Put Purchased Invesco QQQ Trust Se ETF 100 615 USD 2025-12-20 XXXX -238543.7 N N N Invesco QQQ Trust Se N/A 46090E103 500 NC USD 717250 0.19 Long DE US N 2 CLEAR ST N/A Call Purchased Invesco QQQ Trust Se ETF 100 616 USD 2025-12-20 XXXX 51740.65 N N N Palantir Technologie N/A 69608A108 -500 NC USD -15000 0 Short DE US N 2 CLEAR ST N/A Call Written Palantir Technologie COMMSTCK 100 210 USD 2025-12-20 XXXX 51490.65 N N N Amazon.com Inc N/A 023135106 -150 NC USD -6000 0 Short DE US N 2 CLEAR ST N/A Put Written Amazon.com Inc COMMSTCK 100 200 USD 2025-12-20 XXXX 31743.19 N N N Invesco QQQ Trust Se N/A 46090E103 500 NC USD 484750 0.13 Long DE US N 2 CLEAR ST N/A Call Purchased Invesco QQQ Trust Se ETF 100 624 USD 2025-12-20 XXXX -413259.35 N N N Carvana Co N/A 146869102 -300 NC USD -1093500 -0.29 Short DE US N 2 CLEAR ST N/A Put Written Carvana Co COMMSTCK 100 400 USD 2025-12-20 XXXX 1660194.39 N N N Carvana Co N/A 146869102 300 NC USD 320250 0.09 Long DE US N 2 CLEAR ST N/A Call Purchased Carvana Co COMMSTCK 100 400 USD 2025-12-20 XXXX 187944.39 N N N Invesco QQQ Trust Se N/A 46090E103 500 NC USD 510750 0.14 Long DE US N 2 CLEAR ST N/A Call Purchased Invesco QQQ Trust Se ETF 100 623 USD 2025-12-20 XXXX -401182.35 N N N Invesco QQQ Trust Se N/A 46090E103 2000 NC USD 2546000 0.69 Long DE US N 2 CLEAR ST N/A Put Purchased Invesco QQQ Trust Se ETF 100 623 USD 2025-12-20 XXXX -534037.4 N N N Palantir Technologie N/A 69608A108 -1500 NC USD -111000 -0.03 Short DE US N 2 CLEAR ST N/A Put Written Palantir Technologie COMMSTCK 100 135 USD 2025-12-20 XXXX 73473 N N N General Electric Co N/A 369604301 -250 NC USD -36500 -0.01 Short DE US N 2 CLEAR ST N/A Put Written General Electric Co COMMSTCK 100 250 USD 2026-01-17 XXXX 44263.32 N N N State Street SPDR N/A 78462F103 -500 NC USD -86750 -0.02 Short DE US N 2 CLEAR ST N/A Put Written State Street SPDR ETF 100 600 USD 2026-01-17 XXXX 190240.65 N N N Coinbase Global Inc N/A 19260Q107 -300 NC USD -211500 -0.06 Short DE US N 2 CLEAR ST N/A Call Written Coinbase Global Inc COMMSTCK 100 300 USD 2025-12-20 XXXX 1684194.39 N N N Coinbase Global Inc N/A 19260Q107 300 NC USD 1008750 0.27 Long DE US N 2 CLEAR ST N/A Put Purchased Coinbase Global Inc COMMSTCK 100 300 USD 2025-12-20 XXXX 680544.39 N N N Amazon.com Inc N/A 023135106 150 NC USD 30375 0.01 Long DE US N 2 CLEAR ST N/A Put Purchased Amazon.com Inc COMMSTCK 100 220 USD 2025-12-20 XXXX -92423.81 N N N Charter Communicatio N/A 16119P108 -500 NC USD -457500 -0.12 Short DE US N 2 CLEAR ST N/A Call Written Charter Communicatio COMMSTCK 100 200 USD 2025-12-20 XXXX 1359490.65 N N N Charter Communicatio N/A 16119P108 500 NC USD 410000 0.11 Long DE US N 2 CLEAR ST N/A Put Purchased Charter Communicatio COMMSTCK 100 200 USD 2025-12-20 XXXX 186990.65 N N N Tesla Inc N/A 88160R101 300 NC USD 1269000 0.34 Long DE US N 2 CLEAR ST N/A Call Purchased Tesla Inc COMMSTCK 100 395 USD 2025-12-20 XXXX 505704.39 N N N NVIDIA Corp N/A 67066G104 -300 NC USD -3450 0 Short DE US N 2 CLEAR ST N/A Call Written NVIDIA Corp COMMSTCK 100 230 USD 2025-12-20 XXXX 134502.39 N N N MicroStrategy Inc N/A 594972408 -400 NC USD -210000 -0.06 Short DE US N 2 CLEAR ST N/A Call Written MicroStrategy Inc COMMSTCK 100 200 USD 2025-12-20 XXXX 2827192.52 N N N MicroStrategy Inc N/A 594972408 400 NC USD 1102000 0.3 Long DE US N 2 CLEAR ST N/A Put Purchased MicroStrategy Inc COMMSTCK 100 200 USD 2025-12-20 XXXX 891592.52 N N N Tesla Inc N/A 88160R101 156 NC USD 67860 0.02 Long DE US N 2 CLEAR ST N/A Put Purchased Tesla Inc COMMSTCK 100 385 USD 2025-12-20 XXXX -236315.92 N N N NVIDIA Corp N/A 67066G104 -500 NC USD -52000 -0.01 Short DE US N 2 CLEAR ST N/A Call Written NVIDIA Corp COMMSTCK 100 220 USD 2026-01-17 XXXX 213551.65 N N N General Electric Co N/A 369604301 250 NC USD 185000 0.05 Long DE US N 2 CLEAR ST N/A Put Purchased General Electric Co COMMSTCK 100 297.5 USD 2025-12-20 XXXX -31054.68 N N N General Electric Co N/A 369604301 500 NC USD 447500 0.12 Long DE US N 2 CLEAR ST N/A Call Purchased General Electric Co COMMSTCK 100 297.5 USD 2025-12-20 XXXX 4690.65 N N N CLOUDFLARE INC N/A 18915M107 -500 NC USD -476250 -0.13 Short DE US N 2 CLEAR ST N/A Call Written CLOUDFLARE INC COMMSTCK 100 200 USD 2025-12-20 XXXX 2108740.65 N N N CLOUDFLARE INC N/A 18915M107 500 NC USD 446250 0.12 Long DE US N 2 CLEAR ST N/A Put Purchased CLOUDFLARE INC COMMSTCK 100 200 USD 2025-12-20 XXXX 312740.65 N N N Microsoft Corp N/A 594918104 400 NC USD 52800 0.01 Long DE US N 2 CLEAR ST N/A Call Purchased Microsoft Corp COMMSTCK 100 525 USD 2025-12-20 XXXX -683607.48 N N N NVIDIA Corp N/A 67066G104 -1000 NC USD -61000 -0.02 Short DE US N 2 CLEAR ST N/A Call Written NVIDIA Corp COMMSTCK 100 205 USD 2025-12-20 XXXX 415101.3 N N N Communication Servic N/A 81369Y852 1000 NC USD 675000 0.18 Long DE US N 2 CLEAR ST N/A Call Purchased Communication Servic ETF 100 109 USD 2025-12-20 XXXX 139975.75 N N N META PLATFORMS INC. N/A 30303M102 100 NC USD 9200 0 Long DE US N 2 CLEAR ST N/A Call Purchased META PLATFORMS INC. COMMSTCK 100 750 USD 2025-12-20 XXXX -117901.87 N N N Invesco QQQ Trust Se N/A 46090E103 1000 NC USD 500 0 Long DE US N 2 CLEAR ST N/A Put Purchased Invesco QQQ Trust Se ETF 100 585 USD 2025-11-29 XXXX -1054518.7 N N N Invesco QQQ Trust Se N/A 46090E103 1000 NC USD 500 0 Long DE US N 2 CLEAR ST N/A Put Purchased Invesco QQQ Trust Se ETF 100 584 USD 2025-11-29 XXXX -927518.7 N N N Novo Nordisk A/S N/A 670100205 -1000 NC USD -4000 0 Short DE US N 2 CLEAR ST N/A Call Written Novo Nordisk A/S COMMSTCK 100 75 USD 2025-12-20 XXXX 34716.3 N N N NVIDIA Corp N/A 67066G104 -300 NC USD -175500 -0.05 Short DE US N 2 CLEAR ST N/A Put Written NVIDIA Corp COMMSTCK 100 175 USD 2025-12-20 XXXX -61547.61 N N N Lam Research Corp N/A 512807306 1000 NC USD 1117500 0.3 Long DE US N 2 CLEAR ST N/A Call Purchased Lam Research Corp COMMSTCK 100 155 USD 2026-01-17 XXXX -40768.7 N N N Invesco QQQ Trust Se N/A 46090E103 -500 NC USD -172250 -0.05 Short DE US N 2 CLEAR ST N/A Put Written Invesco QQQ Trust Se ETF 100 590 USD 2025-12-20 XXXX 74740.65 N N N Lam Research Corp N/A 512807306 1000 NC USD 12500 0 Long DE US N 2 CLEAR ST N/A Put Purchased Lam Research Corp COMMSTCK 100 142 USD 2025-11-29 XXXX -361427.7 N N N Alibaba Group Holdin N/A 01609W102 -250 NC USD -65375 -0.02 Short DE US N 2 CLEAR ST N/A Call Written Alibaba Group Holdin COMMSTCK 100 180 USD 2026-01-17 XXXX 12266.32 N N N State Street SPDR N/A 78462F103 500 NC USD 847750 0.23 Long DE US N 2 CLEAR ST N/A Call Purchased State Street SPDR ETF 100 680 USD 2026-01-17 XXXX -6407.35 N N N NVIDIA Corp N/A 67066G104 -500 NC USD -108750 -0.03 Short DE US N 2 CLEAR ST N/A Put Written NVIDIA Corp COMMSTCK 100 150 USD 2026-01-17 XXXX 50175.65 N N N State Street SPDR N/A 78462F103 100 NC USD 109750 0.03 Long DE US N 2 CLEAR ST N/A Call Purchased State Street SPDR ETF 100 681 USD 2025-12-20 XXXX 5348.13 N N N State Street SPDR N/A 78462F103 1000 NC USD 583000 0.16 Long DE US N 2 CLEAR ST N/A Call Purchased State Street SPDR ETF 100 681 USD 2025-12-06 XXXX 25981.3 N N N State Street SPDR N/A 78462F103 1500 NC USD 1194000 0.32 Long DE US N 2 CLEAR ST N/A Put Purchased State Street SPDR ETF 100 680 USD 2025-12-20 XXXX -230722.05 N N N Novo Nordisk A/S N/A 670100205 1000 NC USD 39500 0.01 Long DE US N 2 CLEAR ST N/A Call Purchased Novo Nordisk A/S COMMSTCK 100 55 USD 2025-12-20 XXXX -236303.7 N N N State Street SPDR N/A 78462F103 -1000 NC USD -305000 -0.08 Short DE US N 2 CLEAR ST N/A Call Written State Street SPDR ETF 100 680 USD 2025-11-29 XXXX -253053.7 N N N State Street SPDR N/A 78462F103 -500 NC USD -574000 -0.15 Short DE US N 2 CLEAR ST N/A Call Written State Street SPDR ETF 100 690 USD 2026-01-17 XXXX -266009.35 N N N State Street SPDR N/A 78462F103 500 NC USD 435500 0.12 Long DE US N 2 CLEAR ST N/A Put Purchased State Street SPDR ETF 100 682 USD 2025-12-20 XXXX -56509.35 N N N State Street SPDR N/A 78462F103 1000 NC USD 500 0 Long DE US N 2 CLEAR ST N/A Put Purchased State Street SPDR ETF 100 681 USD 2025-11-29 XXXX -169534.7 N N N State Street SPDR N/A 78462F103 1500 NC USD 307500 0.08 Long DE US N 2 CLEAR ST N/A Call Purchased State Street SPDR ETF 100 681 USD 2025-11-29 XXXX 19543.95 N N N 2026-01-22 Starboard Investment Trust Pete Mccabe Pete Mccabe Principal Accounting Officer/Principal Financial Officer