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
ALPHA NATURAL RESOURCES INC COM 02076X102 1,644 662,800 SH   SOLE   662,800 0 0
ALPHA NATURAL RESOURCES INC NOTE 2.375% 4/1 02076XAA0 6,121 6,359,000 SH   SOLE   6,359,000 0 0
ANNALY CAP MGMT INC COM 035710409 1,591 149,000 SH   SOLE   149,000 0 0
ANNALY CAP MGMT INC NOTE 5.000% 5/1 035710AB8 40,956 40,500,000 SH   SOLE   40,500,000 0 0
CADENCE DESIGN SYSTEM INC NOTE 2.625% 6/0 127387AJ7 11,416 5,000,000 SH   SOLE   5,000,000 0 0
CELGENE CORP RIGHT 12/31/2030 151020112 51 15,000 SH   SOLE   15,000 0 0
CEMEX SAB DE CV NOTE 4.875% 3/1 151290AV5 13,200 11,000,000 SH   SOLE   11,000,000 0 0
COBALT INTL ENERGY INC COM 19075F106 350 25,700 PRN   SOLE   25,700 0 0
COBALT INTL ENERGY INC NOTE 2.625%12/0 19075FAA4 8,294 10,000,000 SH   SOLE   10,000,000 0 0
COOPER STD HLDGS INC COM 21676P103 4,000 64,107 SH   SOLE   64,107 0 0
EXPEDIA INC DEL COM NEW 30212P303 382 4,360 SH   SOLE   4,360 0 0
FRONTIER COMMUNICATIONS CORP COM 35906A108 195 30,000 SH   SOLE   30,000 0 0
GULF COAST ULTRA DEEP RTY TR ROYALTY TR UNT 40222T104 113 56,250 SH   SOLE   56,250 0 0
INTEROIL CORP COM 460951106 727 13,400 SH   SOLE   13,400 0 0
INTEROIL CORP NOTE 2.750%11/1 460951AC0 17,218 17,100,000 SH   SOLE   17,100,000 0 0
LEXMARK INTL NEW CL A 529771107 332 7,817 SH   SOLE   7,817 0 0
MADISON SQUARE GARDEN CO CL A 55826P100 649 9,820 SH   SOLE   9,820 0 0
OMNICARE INC DBCV 3.250%12/1 681904AL2 2,965 2,860,000 SH   SOLE   2,860,000 0 0
PRICELINE GRP INC DEBT 1.000% 3/1 741503AQ9 6,753 5,000,000 SH   SOLE   5,000,000 0 0
RITE AID CORP NOTE 8.500% 5/1 767754BU7 9,719 5,000,000 SH   SOLE   5,000,000 0 0
ROSETTA STONE INC COM 777780107 357 44,379 SH   SOLE   44,379 0 0
SANOFI RIGHT 12/31/2020 80105N113 488 1,049,076 SH   SOLE   1,049,076 0 0
SUNESIS PHARMACEUTICALS INC COM NEW 867328601 179 25,000 SH   SOLE   25,000 0 0
TEREX CORP NEW NOTE 4.000% 6/0 880779AV5 9,906 5,000,000 SH   SOLE   5,000,000 0 0
TESLA MTRS INC NOTE 1.500% 6/0 88160RAA9 18,197 9,000,000 PRN   SOLE   9,000,000 0 0
TOLL BROTHERS INC COM 889478103 481 15,430 SH   SOLE   15,430 0 0
WEBMD HEALTH CORP NOTE 2.250% 3/3 94770VAH5 7,088 7,000,000 SH   SOLE   7,000,000 0 0
WEIGHT WATCHERS INTL INC NEW COM 948626106 960 35,000 SH   SOLE   35,000 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 312 15,000 SH   SOLE   15,000 0 0
AK STL HLDG CORP COM 001547108 84 100,000 SH Call SOLE   100,000 0 0
ACTIVISION BLIZZARD INC COM 00507V109 19 37,000 SH Call SOLE   37,000 0 0
ADVANCED MICRO DEVICES INC COM 007903107 7 200,000 SH Call SOLE   200,000 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 30 300,000 SH Call SOLE   300,000 0 0
CELSION CORPORATION COM PAR $0.01 15117N404 3 49,500 SH Call SOLE   49,500 0 0
MADISON SQUARE GARDEN CO CL A 55826P100 142 20,000 SH Call SOLE   20,000 0 0
MAST THERAPEUTICS INC COM 576314108 12 250,000 SH Call SOLE   250,000 0 0
ADOBE SYS INC COM 00724F101 138 536,200 SH Put SOLE   536,200 0 0
ALPHA NATURAL RESOURCES INC COM 02076X102 3,685 1,430,900 SH Put SOLE   1,430,900 0 0
AMAZON COM INC COM 023135106 113 30,000 SH Put SOLE   30,000 0 0
ANNALY CAP MGMT INC COM 035710409 504 5,635,200 SH Put SOLE   5,635,200 0 0
APPLE INC COM 037833100 69 200,000 SH Put SOLE   200,000 0 0
ASHLAND INC NEW COM 044209104 109 125,000 SH Put SOLE   125,000 0 0
BEAZER HOMES USA INC COM NEW 07556Q881 11 20,000 SH Put SOLE   20,000 0 0
BEST BUY INC COM 086516101 4 154,100 SH Put SOLE   154,100 0 0
CBS CORP NEW CL B 124857202 92 261,500 SH Put SOLE   261,500 0 0
CIT GROUP INC COM NEW 125581801 27 174,600 SH Put SOLE   174,600 0 0
CATERPILLAR INC DEL COM 149123101 245 192,100 SH Put SOLE   192,100 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 70 3,485,700 SH Put SOLE   3,485,700 0 0
CHESAPEAKE ENERGY CORP COM 165167107 7 923,600 SH Put SOLE   923,600 0 0
CIENA CORP COM NEW 171779309 31 556,600 SH Put SOLE   556,600 0 0
CLIFFS NAT RES INC COM 18683K101 1,186 440,900 SH Put SOLE   440,900 0 0
COBALT INTL ENERGY INC COM 19075F106 869 682,600 SH Put SOLE   682,600 0 0
CONSTELLATION BRANDS INC CL A 21036P108 214 607,000 SH Put SOLE   607,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 18 1,491,600 SH Put SOLE   1,491,600 0 0
E TRADE FINANCIAL CORP COM NEW 269246401 390 1,190,500 SH Put SOLE   1,190,500 0 0
FACEBOOK INC CL A 30303M102 75 1,636,700 SH Put SOLE   1,636,700 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 3 169,100 SH Put SOLE   169,100 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 5 90,000 SH Put SOLE   90,000 0 0
HEWLETT PACKARD CO COM 428236103 10 322,900 SH Put SOLE   322,900 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 100 86,400 SH Put SOLE   86,400 0 0
INTEROIL CORP COM 460951106 940 1,148,800 SH Put SOLE   1,148,800 0 0
LENNAR CORP CL A 526057104 16 25,000 SH Put SOLE   25,000 0 0
LEXMARK INTL NEW CL A 529771107 12 235,000 SH Put SOLE   235,000 0 0
LINEAR TECHNOLOGY CORP COM 535678106 155 122,100 SH Put SOLE   122,100 0 0
MBIA INC COM 55262C100 1,322 2,589,500 SH Put SOLE   2,589,500 0 0
MGM RESORTS INTERNATIONAL COM 552953101 378 933,300 SH Put SOLE   933,300 0 0
MCDONALDS CORP COM 580135101 79 200,000 SH Put SOLE   200,000 0 0
MICRON TECHNOLOGY INC COM 595112103 163 1,480,700 SH Put SOLE   1,480,700 0 0
NETFLIX INC COM 64110L106 64 313,000 SH Put SOLE   313,000 0 0
PALO ALTO NETWORKS INC COM 697435105 59 56,300 SH Put SOLE   56,300 0 0
PEABODY ENERGY CORP COM 704549104 243 204,200 SH Put SOLE   204,200 0 0
PENNEY J C INC COM 708160106 1,347 5,361,100 SH Put SOLE   5,361,100 0 0
REALOGY HLDGS CORP COM 75605Y106 14 10,000 SH Put SOLE   10,000 0 0
RYLAND GROUP INC COM 783764103 56 53,500 SH Put SOLE   53,500 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 28 625,800 SH Put SOLE   625,800 0 0
SALESFORCE COM INC COM 79466L302 89 404,400 SH Put SOLE   404,400 0 0
TESLA MTRS INC COM 88160R101 72 742,600 SH Put SOLE   742,600 0 0
UNDER ARMOUR INC CL A 904311107 36 73,000 SH Put SOLE   73,000 0 0
UNITED CONTL HLDGS INC COM 910047109 42 802,600 SH Put SOLE   802,600 0 0
UNITED STATES STL CORP NEW COM 912909108 119 2,856,400 SH Put SOLE   2,856,400 0 0
VISA INC COM CL A 92826C839 85 220,500 SH Put SOLE   220,500 0 0
WALGREEN CO COM 931422109 65 224,700 SH Put SOLE   224,700 0 0
WALTER ENERGY INC COM 93317Q105 303 306,500 SH Put SOLE   306,500 0 0
WEBMD HEALTH CORP COM 94770V102 459 155,500 SH Put SOLE   155,500 0 0
WEIGHT WATCHERS INTL INC NEW COM 948626106 1,929 829,000 SH Put SOLE   829,000 0 0
WORKDAY INC CL A 98138H101 63 68,300 SH Put SOLE   68,300 0 0
WYNN RESORTS LTD COM 983134107 283 55,600 SH Put SOLE   55,600 0 0
YAHOO INC COM 984332106 22 286,200 SH Put SOLE   286,200 0 0
YELP INC CL A 985817105 73 50,000 SH Put SOLE   50,000 0 0
ZYNGA INC CL A 98986T108 405 810,000 SH Put SOLE   810,000 0 0
SEADRILL LIMITED SHS G7945E105 848 227,200 SH Put SOLE   227,200 0 0