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
ALPS ETF TR ALERIAN MLP 00162Q452 1,578 61,478 SH   SOLE N/A 61,478 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106 1,563 947,353 SH   SOLE N/A 947,353 0 0
DISH NETWORK CORPORATION CL A 25470M109 1,464 45,254 SH   SOLE N/A 45,254 0 0
DISH NETWORK CORPORATION NOTE 3.375% 8/1 25470MAB5 5,617 5,818,000 PRN   SOLE N/A 5,818,000 0 0
GRAY TELEVISION INC COM 389375106 2,599 145,257 SH   SOLE N/A 145,257 0 0
IHEARTMEDIA INC COM CL A 45174J509 331 25,481 SH   SOLE N/A 25,481 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 32,573 135,000 SH Put SOLE N/A 135,000 0 0
LIONS GATE ENTMNT CORP CL B NON VTG 535919500 1,241 119,576 SH   SOLE N/A 119,576 0 0
MAXAR TECHNOLOGIES INC COM 57778K105 604 15,642 SH   SOLE N/A 15,642 0 0
PLANTRONICS INC NEW COM 727493108 1,108 41,000 SH   SOLE N/A 41,000 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 3,325 104,409 SH   SOLE N/A 104,409 0 0
SPDR GOLD TR GOLD SHS 78463V107 1,665 9,337 SH   SOLE N/A 9,337 0 0
SPDR GOLD TR GOLD SHS 78463V107 7,471 25,000 SH Call SOLE N/A 25,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 41,036 87,700 SH Put SOLE N/A 87,700 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 1,036 28,767 SH   SOLE N/A 28,767 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 876 16,145 SH   SOLE N/A 16,145 0 0