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

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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
AEGEAN MARINE PETROLEUM NETW SHS Y0017S102 352 25,100 SH   SOLE NONE 25,100 0 0
CONNS INC COM 208242107 4,673 250,000 SH   SOLE NONE 250,000 0 0
CONNS INC COM 208242107 5,607 300,000 SH Put SOLE NONE 300,000 0 0
CST BRANDS INC COM 12646R105 2,181 50,000 SH   SOLE NONE 50,000 0 0
CST BRANDS INC COM 12646R105 2,181 50,000 SH Call SOLE NONE 50,000 0 0
DISH NETWORK CORP CL A 25470M109 5,766 79,100 SH   SOLE NONE 79,100 0 0
DOW CHEM CO COM 260543103 18,244 400,000 SH Put SOLE NONE 400,000 0 0
EQT CORP COM 26884L109 7,570 100,000 SH Call SOLE NONE 100,000 0 0
LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 5,308 107,500 SH   SOLE NONE 107,500 0 0
MARKET VECTORS ETF TR OIL SVCS ETF 57060U191 10,776 300,000 SH Put SOLE NONE 300,000 0 0
NOBLE CORP PLC SHS USD G65431101 1,657 100,000 SH Put SOLE NONE 100,000 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 15,488 150,000 SH Put SOLE NONE 150,000 0 0
SOUTHWESTERN ENERGY CO COM 845467109 5,458 200,000 SH Put SOLE NONE 200,000 0 0
STRAIGHT PATH COMMUNICATNS I CL B 862578101 474 25,000 SH Put SOLE NONE 25,000 0 0
SUNCOKE ENERGY INC COM 86722A103 3,868 200,000 SH   SOLE NONE 200,000 0 0
SUNCOKE ENERGY INC COM 86722A103 1,934 100,000 SH Call SOLE NONE 100,000 0 0
WESTMORELAND COAL CO COM 960878106 13,284 400,000 SH   SOLE NONE 400,000 0 0
WESTMORELAND COAL CO COM 960878106 7,675 231,100 SH Call SOLE NONE 231,100 0 0
WINTHROP RLTY TR SH BEN INT NEW 976391300 4,209 270,000 SH   SOLE NONE 270,000 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 5,294 200,000 SH Put SOLE NONE 200,000 0 0