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Put SOLE 35600 0 0 CHESAPEAKE ENERGY CORP COM 165167107 24094 931000 SH Put SOLE 931000 0 0 CHESAPEAKE ENERGY CORP COM 165167107 3678 142100 SH SOLE 142100 0 0 CLIFFS NAT RES INC COM 18683K101 12228 596462 SH SOLE 596462 0 0 COVIDIEN PLC SHS G2554F113 9999 164077 SH SOLE 164077 0 0 D R HORTON INC NOTE 2.000% 5/1 23331ABB4 83140 54523 PRN SOLE 54523 0 0 DELL INC COM 24702R101 13824 1003909 SH SOLE 1003909 0 0 DELL INC COM 24702R101 345 25000 SH Put SOLE 25000 0 0 DEVELOPERS DIVERSIFIED RLTY NOTE 1.750%11/1 251591AX1 14152 12500 PRN SOLE 12500 0 0 DISH NETWORK CORP CL A 25470M109 9492 210896 SH SOLE 210896 0 0 DISH NETWORK CORP CL A 25470M109 2566 57000 SH Call SOLE 57000 0 0 DOLE FOOD CO INC NEW COM 256603101 8372 614718 SH SOLE 614718 0 0 E M C CORP MASS NOTE 1.750%12/0 268648AM4 51667 32310 PRN SOLE 32310 0 0 ELAN PLC ADR 284131208 13459 863829 SH SOLE 863829 0 0 ENCORE CAP GROUP INC NOTE 3.000%11/2 292554AC6 15585 10000 PRN SOLE 10000 0 0 EQUINIX INC COM NEW 29444U502 6555 35693 SH SOLE 35693 0 0 EXPEDIA INC DEL COM NEW 30212P303 21105 407500 SH SOLE 407500 0 0 EXXON MOBIL CORP COM 30231G102 15530 180500 SH Call SOLE 180500 0 0 FIFTH & PAC COS INC COM 316645100 3891 154812 SH SOLE 154812 0 0 FOREST OIL CORP COM PAR $0.01 346091705 3294 540000 SH Put SOLE 540000 0 0 FRONTIER COMMUNICATIONS CORP COM 35906A108 997 239000 SH SOLE 239000 0 0 FUSION-IO INC COM 36112J107 6695 500000 SH Call SOLE 500000 0 0 GENERAL MTRS CO COM 37045V100 3975 110500 SH SOLE 110500 0 0 GENERAL MTRS CO *W EXP 07/10/201 37045V126 23018 1237562 SH SOLE 1237562 0 0 GILEAD SCIENCES INC NOTE 1.625% 5/0 375558AP8 44320 16000 PRN SOLE 16000 0 0 HERTZ GLOBAL HOLDINGS INC COM 42805T105 4439 200333 SH SOLE 200333 0 0 HILLSHIRE BRANDS CO COM 432589109 17376 565284 SH SOLE 565284 0 0 IMATION CORP COM 45245A107 1026 250000 SH SOLE 250000 0 0 INTERNATIONAL GAME TECHNOLOG COM 459902102 2727 144094 SH SOLE 144094 0 0 INTERNATIONAL GAME TECHNOLOG COM 459902102 2080 109900 SH Call SOLE 109900 0 0 ISTAR FINL INC COM 45031U101 253 21000 SH Call SOLE 21000 0 0 JARDEN CORP COM 471109108 2822 58325 SH SOLE 58325 0 0 KOHLS CORP COM 500255104 1020 19700 SH SOLE 19700 0 0 L-3 COMMUNICATIONS CORP DEBT 3.000% 8/0 502413AW7 11461 10500 PRN SOLE 10500 0 0 LEAP WIRELESS INTL INC COM NEW 521863308 4456 282000 SH Put SOLE 282000 0 0 LENNAR CORP CL A 526057104 962 27200 SH Put SOLE 27200 0 0 LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 28643 1073169 SH SOLE 1073169 0 0 LIFE TECHNOLOGIES CORP COM 53217V109 29665 396432 SH SOLE 396432 0 0 LORAL SPACE & COMMUNICATNS I COM 543881106 4529 66886 SH SOLE 66886 0 0 MALLINCKRODT PUB LTD CO SHS G5785G107 902 20445 SH SOLE 20445 0 0 MGIC INVT CORP WIS COM 552848103 4368 600000 SH Call SOLE 600000 0 0 MGIC INVT CORP WIS COM 552848103 1920 263800 SH Put SOLE 263800 0 0 MGIC INVT CORP WIS COM 552848103 9988 1372001 SH SOLE 1372001 0 0 MGIC INVT CORP WIS NOTE 5.000% 5/0 552848AD5 2174 2000 PRN SOLE 2000 0 0 MGM RESORTS INTERNATIONAL COM 552953101 3736 182800 SH SOLE 182800 0 0 MICROSOFT CORP COM 594918104 16640 500000 SH Call SOLE 500000 0 0 MILLENNIAL MEDIA INC COM 60040N105 12109 1712721 SH SOLE 1712721 0 0 MURPHY USA INC COM 626755102 17393 430625 SH SOLE 430625 0 0 NABORS INDUSTRIES LTD SHS G6359F103 37840 2356200 SH SOLE 2356200 0 0 NEWMONT MINING CORP COM 651639106 3100 110300 SH SOLE 110300 0 0 NEWMONT MINING CORP NOTE 1.250% 7/1 651639AH9 15466 15263 PRN SOLE 15263 0 0 NEWS CORP NEW CL A 65249B109 40028 2492400 SH SOLE 2492400 0 0 NIELSEN HOLDINGS N V COM N63218106 14580 400000 SH SOLE 400000 0 0 NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 31144 824589 SH SOLE 824589 0 0 NUANCE COMMUNICATIONS INC COM 67020Y100 30622 1638000 SH SOLE 1638000 0 0 NUCOR CORP COM 670346105 2737 55815 SH SOLE 55815 0 0 OIL STS INTL INC COM 678026105 14846 143500 SH SOLE 143500 0 0 ONYX PHARMACEUTICALS INC COM 683399109 10620 85188 SH SOLE 85188 0 0 PEABODY ENERGY CORP COM 704549104 3095 179428 SH SOLE 179428 0 0 PEABODY ENERGY CORP COM 704549104 4312 250000 SH Call SOLE 250000 0 0 PENNEY J C INC COM 708160106 1277 144800 SH Call SOLE 144800 0 0 PENNEY J C INC COM 708160106 6274 711200 SH Put SOLE 711200 0 0 PEPSICO INC COM 713448108 5565 70000 SH Call SOLE 70000 0 0 PITNEY BOWES INC COM 724479100 2043 112348 SH SOLE 112348 0 0 POTASH CORP SASK INC COM 73755L107 394 12600 SH SOLE 12600 0 0 PRICELINE COM INC COM NEW 741503403 1112 1100 SH SOLE 1100 0 0 PRICELINE COM INC NOTE 1.250% 3/1 741503AN6 136915 41052 PRN SOLE 41052 0 0 RADIAN GROUP INC NOTE 3.000%11/1 750236AK7 67615 47700 PRN SOLE 47700 0 0 ROYAL BK SCOTLAND GROUP PLC SPONS ADR 20 ORD 780097689 4249 366561 SH SOLE 366561 0 0 ROYAL CARIBBEAN CRUISES LTD COM V7780T103 3596 93950 SH SOLE 93950 0 0 SALESFORCE COM INC NOTE 0.750% 1/1 79466LAB0 89075 36580 PRN SOLE 36580 0 0 SALLY BEAUTY HLDGS INC COM 79546E104 1066 40747 SH SOLE 40747 0 0 SANDISK CORP NOTE 1.500% 8/1 80004CAD3 21276 16000 PRN SOLE 16000 0 0 SCHLUMBERGER LTD COM 806857108 6874 77800 SH Call SOLE 77800 0 0 SEARS HLDGS CORP COM 812350106 11619 195300 SH Put SOLE 195300 0 0 SEMGROUP CORP *W EXP 11/30/201 81663A113 12760 382744 SH SOLE 382744 0 0 SINCLAIR BROADCAST GROUP INC CL A 829226109 918 27397 SH SOLE 27397 0 0 SOURCEFIRE INC COM 83616T108 5591 73649 SH SOLE 73649 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 6720 40000 SH Put SOLE 40000 0 0 SPREADTRUM COMMUNICATIONS IN ADR 849415203 7106 233276 SH SOLE 233276 0 0 STAPLES INC COM 855030102 1417 96700 SH SOLE 96700 0 0 STAPLES INC COM 855030102 941 64200 SH Call SOLE 64200 0 0 SUPERVALU INC COM 868536103 247 30000 SH Put SOLE 30000 0 0 TESLA MTRS INC NOTE 1.500% 6/0 88160RAA9 50842 30000 PRN SOLE 30000 0 0 TIME WARNER CABLE INC COM 88732J207 12030 107800 SH Call SOLE 107800 0 0 TWENTY FIRST CENTY FOX INC CL B 90130A200 21155 633368 SH SOLE 633368 0 0 TYSON FOODS INC NOTE 3.250%10/1 902494AP8 60982 35500 PRN SOLE 35500 0 0 UNITED STATES STL CORP NEW COM 912909108 3078 149500 SH SOLE 149500 0 0 VALLEY NATL BANCORP *W EXP 11/14/201 919794131 97 147190 SH SOLE 147190 0 0 VERISIGN INC SDCV 3.250% 8/1 92343EAD4 64907 41402 PRN SOLE 41402 0 0 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 18907 537431 SH SOLE 537431 0 0 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 17591 500000 SH Call SOLE 500000 0 0 WEATHERFORD INTERNATIONAL LT REG SHS H27013103 6965 454303 SH SOLE 454303 0 0 WEBSTER FINL CORP CONN *W EXP 11/21/201 947890117 898 89953 SH SOLE 89953 0 0 WINDSTREAM HLDGS INC COM 97382A101 198 24800 SH Put SOLE 24800 0 0 WINTRUST FINL CORP *W EXP 12/19/201 97650W157 972 50000 SH SOLE 50000 0 0 WMS INDS INC COM 929297109 10354 399011 SH SOLE 399011 0 0 WYNN RESORTS LTD COM 983134107 3224 20400 SH Put SOLE 20400 0 0