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
BOEING CO COM 097023105 13,094 87,800 SH Put DFND   87,800 0 0
GENERAL ELECTRIC CO COM 369604103 8,251 1,039,200 SH Put DFND   1,039,200 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 85,845 750,000 SH Call DFND   750,000 0 0
PENNEY J C CORP INC COM 708160106 47 129,900 SH Put DFND   129,900 0 0
NAVISTAR INTL CORP NEW COM 63934E108 505 30,600 SH Put DFND   30,600 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 672 12,500 SH Put DFND   12,500 0 0
SPDR SER TR S&P HOMEBUILD 78464A888 1,489 50,000 SH Call DFND   50,000 0 0
TESLA INC COM 88160R101 16,978 32,400 SH Put DFND   32,400 0 0