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
AKORN INC COM 009728106 332 10,000 SH   SOLE 10,000 0 0
ALERE INC COM 01449J105 637 12,500 SH   SOLE 12,500 0 0
ANI PHARMACEUTICALS INC COM 00182C103 8,269 157,600 SH Put OTR 157,600 0 0
ANI PHARMACEUTICALS INC COM 00182C103 1,307 24,900 SH Put SOLE 24,900 0 0
ANI PHARMACEUTICALS INC NOTE 3.000%12/0 00182CAA1 15,016 13,840,000 PRN   OTR 13,840,000 0 0
ANI PHARMACEUTICALS INC NOTE 3.000%12/0 00182CAA1 2,344 2,160,000 PRN   SOLE 2,160,000 0 0
ASB BANCORP INC N C COM 00213T109 361 8,000 SH   SOLE 8,000 0 0
ASTORIA FINL CORP COM 046265104 340 15,795 SH   SOLE 15,795 0 0
AT&T INC COM 00206R102 391 10,000 SH Put SOLE 10,000 0 0
AXOVANT SCIENCES LTD COM G0750W104 8,796 1,278,500 SH Call OTR 1,278,500 0 0
AXOVANT SCIENCES LTD COM G0750W104 1,353 196,700 SH Call SOLE 196,700 0 0
BARD C R INC COM 067383109 801 2,500 SH   SOLE 2,500 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 22,047 346,000 SH Call OTR 346,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 3,441 54,000 SH Call SOLE 54,000 0 0
BROCADE COMMUNICATIONS SYS I COM NEW 111621306 239 20,000 SH   SOLE 20,000 0 0
CAESARS ACQUISITION CO CL A 12768T103 395 18,400 SH   SOLE 18,400 0 0
CAPITAL BK FINL CORP CL A COM 139794101 575 14,000 SH   SOLE 14,000 0 0
CHANGYOU COM LTD ADS REP CL A 15911M107 288 7,278 SH   SOLE 7,278 0 0
CHART INDS INC NOTE 2.000% 8/0 16115QAC4 675 676,000 PRN   SOLE 676,000 0 0
CHART INDS INC NOTE 2.000% 8/0 16115QAC4 4,319 4,324,000 PRN   OTR 4,324,000 0 0
CU BANCORP CALIF COM 126534106 504 13,000 SH   SOLE 13,000 0 0
DBV TECHNOLOGIES S A SPONSORED ADR 23306J101 1,930 45,500 SH Call OTR 45,500 0 0
DBV TECHNOLOGIES S A SPONSORED ADR 23306J101 335 7,900 SH Call SOLE 7,900 0 0
DERMIRA INC COM 24983L104 2,879 106,600 SH Put OTR 106,600 0 0
DERMIRA INC COM 24983L104 365 13,500 SH Put SOLE 13,500 0 0
DIMENSION THERAPEUTICS INC COM 25433V105 150 25,000 SH   SOLE 25,000 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 223 11,000 SH Put SOLE 11,000 0 0
DOMINION DIAMOND CORP COM 257287102 355 25,000 SH   SOLE 25,000 0 0
DYNEGY INC NEW DEL COM 26817R108 377 38,500 SH Put OTR 38,500 0 0
DYNEGY INC NEW DEL UNIT 07/01/20191 26817R405 4,384 64,875 SH   OTR 64,875 0 0
DYNEGY INC NEW DEL UNIT 07/01/20191 26817R405 684 10,125 SH   SOLE 10,125 0 0
FIBROGEN INC COM 31572Q808 2,645 49,200 SH Call OTR 49,200 0 0
FIBROGEN INC COM 31572Q808 419 7,800 SH Call SOLE 7,800 0 0
FINISAR CORP COM NEW 31787A507 472 21,300 SH Put OTR 21,300 0 0
FINISAR CORP COM NEW 31787A507 1,599 72,140 SH   OTR 72,140 0 0
FINISAR CORP COM NEW 31787A507 250 11,260 SH   SOLE 11,260 0 0
FIRST SOUTH BANCORP INC VA COM 33646W100 278 15,000 SH   SOLE 15,000 0 0
GENERAL COMMUNICATION INC CL A 369385109 306 7,500 SH   SOLE 7,500 0 0
GLOBALSTAR INC COM 378973408 41 25,000 SH   SOLE 25,000 0 0
IMMUNOMEDICS INC COM 452907108 8,708 622,900 SH Call OTR 622,900 0 0
IMMUNOMEDICS INC COM 452907108 1,362 97,400 SH Call SOLE 97,400 0 0
IMMUNOMEDICS INC COM 452907108 7,520 537,900 SH Put OTR 537,900 0 0
IMMUNOMEDICS INC COM 452907108 1,173 83,900 SH Put SOLE 83,900 0 0
INSMED INC COM PAR $.01 457669307 1,151 36,890 SH   SOLE 36,890 0 0
INSMED INC COM PAR $.01 457669307 1,728 55,400 SH Put SOLE 55,400 0 0
INSMED INC COM PAR $.01 457669307 10,025 321,300 SH Put OTR 321,300 0 0
INSMED INC COM PAR $.01 457669307 5,619 180,100 SH Call OTR 180,100 0 0
INSMED INC COM PAR $.01 457669307 6,358 203,710 SH   OTR 203,710 0 0
INSMED INC COM PAR $.01 457669307 1,026 32,900 SH Call SOLE 32,900 0 0
INTEL CORP COM 458140100 13,103 344,000 SH Put OTR 344,000 0 0
INTEL CORP COM 458140100 2,133 56,000 SH Put SOLE 56,000 0 0
INTEL CORP SDCV 2.950%12/1 458140AD2 48,677 34,171,000 PRN   OTR 34,171,000 0 0
INTEL CORP SDCV 2.950%12/1 458140AD2 7,591 5,329,000 PRN   SOLE 5,329,000 0 0
INTEL CORP SDCV 3.250% 8/0 458140AF7 62,862 34,164,000 PRN   OTR 34,164,000 0 0
INTEL CORP SDCV 3.250% 8/0 458140AF7 9,818 5,336,000 PRN   SOLE 5,336,000 0 0
INVACARE CORP COM 461203101 4,473 284,500 SH Put OTR 284,500 0 0
INVACARE CORP COM 461203101 768 48,800 SH Put SOLE 48,800 0 0
INVACARE CORP NOTE 5.000% 2/1 461203AF8 17,106 14,270,000 PRN   OTR 14,270,000 0 0
INVACARE CORP NOTE 5.000% 2/1 461203AF8 2,673 2,230,000 PRN   SOLE 2,230,000 0 0
IXYS CORP COM 46600W106 403 17,000 SH   SOLE 17,000 0 0
KITE PHARMA INC COM 49803L109 701 3,900 SH   SOLE 3,900 0 0
LANDAUER INC COM 51476K103 236 3,500 SH   SOLE 3,500 0 0
LANNET INC COM 516012101 5,313 287,500 SH Put OTR 287,500 0 0
LANNET INC COM 516012101 957 51,800 SH Put SOLE 51,800 0 0
LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 1,013 19,000 SH   SOLE 19,000 0 0
LIPOCINE INC NEW COM 53630X104 1,378 347,119 SH   OTR 347,119 0 0
LIPOCINE INC NEW COM 53630X104 215 54,176 SH   SOLE 54,176 0 0
LIPOCINE INC NEW COM 53630X104 1,393 351,700 SH Put OTR 351,700 0 0
LIPOCINE INC NEW COM 53630X104 231 58,300 SH Put SOLE 58,300 0 0
MAXPOINT INTERACTIVE INC COM NEW 57777M201 208 15,001 SH   SOLE 15,001 0 0
MEDICINOVA INC COM NEW 58468P206 279 43,800 SH Put OTR 43,800 0 0
MOLINA HEALTHCARE INC NOTE 1.125% 1/1 60855RAC4 5,855 3,376,000 PRN   SOLE 3,376,000 0 0
MOLINA HEALTHCARE INC NOTE 1.125% 1/1 60855RAC4 37,505 21,624,000 PRN   OTR 21,624,000 0 0
NABORS INDUSTRIES LTD SHS G6359F103 1,141 141,341 SH   OTR 141,341 0 0
NABORS INDUSTRIES LTD SHS G6359F103 142 17,559 SH   SOLE 17,559 0 0
NABORS INDUSTRIES LTD SHS G6359F103 752 93,300 SH Call OTR 93,300 0 0
NABORS INDUSTRIES LTD SHS G6359F103 715 88,600 SH Put OTR 88,600 0 0
NABORS INDUSTRIES LTD SHS G6359F103 92 11,400 SH Put SOLE 11,400 0 0
NEUROCRINE BIOSCIENCES INC COM 64125C109 5,658 92,331 SH   OTR 92,331 0 0
NEUROCRINE BIOSCIENCES INC COM 64125C109 703 11,469 SH   SOLE 11,469 0 0
NEURODERM LTD ORD SHS M74231107 739 19,000 SH   SOLE 19,000 0 0
NUMEREX CORP PA CL A 67053A102 38 10,000 SH Call SOLE 10,000 0 0
NXP SEMICONDUCTORS N V DBCV 1.000%12/0 62952QAB6 6,532 5,398,000 PRN   SOLE 5,398,000 0 0
NXP SEMICONDUCTORS N V DBCV 1.000%12/0 62952QAB6 41,868 34,602,000 PRN   OTR 34,602,000 0 0
NXP SEMICONDUCTORS N V COM N6596X109 33,799 298,900 SH Call OTR 298,900 0 0
NXP SEMICONDUCTORS N V COM N6596X109 5,247 46,400 SH Call SOLE 46,400 0 0
NXP SEMICONDUCTORS N V COM N6596X109 16,182 143,100 SH Put OTR 143,100 0 0
NXP SEMICONDUCTORS N V COM N6596X109 2,544 22,500 SH Put SOLE 22,500 0 0
ORBITAL ATK INC COM 68557N103 266 2,000 SH   SOLE 2,000 0 0
OTONOMY INC COM 68906L105 665 204,684 SH   OTR 204,684 0 0
OTONOMY INC COM 68906L105 123 37,916 SH   SOLE 37,916 0 0
OVERSTOCK COM INC DEL COM 690370101 1,738 58,535 SH   OTR 58,535 0 0
OVERSTOCK COM INC DEL COM 690370101 271 9,135 SH   SOLE 9,135 0 0
OVERSTOCK COM INC DEL COM 690370101 35,209 1,184,300 SH Call OTR 1,184,300 0 0
OVERSTOCK COM INC DEL COM 690370101 5,491 184,700 SH Call SOLE 184,700 0 0
OVERSTOCK COM INC DEL COM 690370101 17,924 602,900 SH Put OTR 602,900 0 0
OVERSTOCK COM INC DEL COM 690370101 2,640 88,800 SH Put SOLE 88,800 0 0
PACIFIC CONTINENTAL CORP COM 69412V108 490 18,200 SH   SOLE 18,200 0 0
PARAGON COML CORP COM NEW 69911U403 282 5,000 SH   SOLE 5,000 0 0
PAREXEL INTL CORP COM 699462107 705 8,000 SH   SOLE 8,000 0 0
PROSHARES TR SHRT RUSSELL2000 74348A210 262 6,000 SH   SOLE 6,000 0 0
PTC THERAPEUTICS INC COM 69366J200 10,602 529,837 SH   OTR 529,837 0 0
PTC THERAPEUTICS INC COM 69366J200 1,655 82,706 SH   SOLE 82,706 0 0
PTC THERAPEUTICS INC COM 69366J200 30,032 1,500,100 SH Put OTR 1,500,100 0 0
PTC THERAPEUTICS INC COM 69366J200 4,709 235,200 SH Put SOLE 235,200 0 0
RICE ENERGY INC COM 762760106 446 15,400 SH   SOLE 15,400 0 0
RITE AID CORP COM 767754104 20 10,000 SH   SOLE 10,000 0 0
RUBY TUESDAY INC COM 781182100 21 10,000 SH   SOLE 10,000 0 0
SCICLONE PHARMACEUTICALS INC COM 80862K104 308 27,500 SH   SOLE 27,500 0 0
SCRIPPS NETWORKS INTERACT IN CL A COM 811065101 773 9,000 SH   SOLE 9,000 0 0
SINOVAC BIOTECH LTD SHS P8696W104 106 15,000 SH   SOLE 15,000 0 0
SOUTHWEST BANCORP INC OKLA COM 844767103 241 8,752 SH   SOLE 8,752 0 0
SPARTON CORP COM 847235108 384 16,554 SH   SOLE 16,554 0 0
STRAIGHT PATH COMMUNICATNS I CL B 862578101 813 4,500 SH   SOLE 4,500 0 0
TERRAFORM GLOBAL INC CL A 88104M101 99 20,795 SH   SOLE 20,795 0 0
TERRAFORM PWR INC CL A COM 88104R100 132 10,000 SH   SOLE 10,000 0 0
TESARO INC NOTE 3.000%10/0 881569AA5 75,170 20,072,000 PRN   OTR 20,072,000 0 0
TESARO INC NOTE 3.000%10/0 881569AA5 11,729 3,132,000 PRN   SOLE 3,132,000 0 0
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADR 881624209 199 11,328 SH   SOLE 11,328 0 0
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADR 881624209 380 21,600 SH Call OTR 21,600 0 0
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADR 881624209 2,247 127,700 SH Put OTR 127,700 0 0
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADR 881624209 257 14,600 SH Put SOLE 14,600 0 0
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADR 881624209 1,277 72,572 SH   OTR 72,572 0 0
TIME WARNER INC COM NEW 887317303 1,025 10,000 SH   SOLE 10,000 0 0
TRIBUNE MEDIA CO CL A 896047503 592 14,500 SH   SOLE 14,500 0 0
VECTOR GROUP LTD COM 92240M108 3,541 172,900 SH Put OTR 172,900 0 0
VECTOR GROUP LTD COM 92240M108 555 27,100 SH Put SOLE 27,100 0 0
VECTOR GROUP LTD FRNT 1/1 92240MAY4 50,350 34,168,000 PRN   OTR 34,168,000 0 0
VECTOR GROUP LTD FRNT 1/1 92240MAY4 7,857 5,332,000 PRN   SOLE 5,332,000 0 0
VERISIGN INC SDCV 3.250% 8/1 92343EAD4 121,979 39,141,000 PRN   OTR 39,141,000 0 0
VERISIGN INC SDCV 3.250% 8/1 92343EAD4 19,038 6,109,000 PRN   SOLE 6,109,000 0 0
VERSARTIS INC COM 92529L102 1,165 481,600 SH Call OTR 481,600 0 0
VERSARTIS INC COM 92529L102 207 85,700 SH Call SOLE 85,700 0 0
VWR CORP COM 91843L103 331 10,000 SH   SOLE 10,000 0 0
WABASH NATL CORP NOTE 3.375% 5/0 929566AH0 15,756 7,988,000 PRN   OTR 7,988,000 0 0
WABASH NATL CORP NOTE 3.375% 5/0 929566AH0 2,456 1,245,000 PRN   SOLE 1,245,000 0 0
WEST CORP COM 952355204 493 21,000 SH   SOLE 21,000 0 0
WOLVERINE BANCORP INC COM 977880103 335 7,800 SH   SOLE 7,800 0 0
YAHOO INC NOTE 12/0 984332AF3 33,168 25,514,000 PRN   OTR 25,514,000 0 0
YAHOO INC NOTE 12/0 984332AF3 5,182 3,986,000 PRN   SOLE 3,986,000 0 0
YUME INC COM 98872B104 46 10,000 SH   SOLE 10,000 0 0
ZOGENIX INC COM NEW 98978L204 8,475 241,800 SH Put SOLE 241,800 0 0
ZOGENIX INC COM NEW 98978L204 4,209 120,100 SH Call OTR 120,100 0 0
ZOGENIX INC COM NEW 98978L204 487 13,900 SH Call SOLE 13,900 0 0
ZOGENIX INC COM NEW 98978L204 54,272 1,548,400 SH Put OTR 1,548,400 0 0