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
ALTERA CORP COM 021441100 4,536 88,610 SH   SOLE   88,610 0 0
BERRY PLASTICS GROUP INC COM 08579W103 12,220 377,185 SH   SOLE   377,185 0 0
BALL CORP COM 058498106 3,696 52,690 SH   SOLE   52,690 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 4,108 100,000 SH   SOLE   100,000 0 0
DIRECTV COM 25490A309 59,814 644,623 SH   SOLE   644,623 0 0
FIFTH STR SR FLOATNG RATE CO COM 31679F101 5,417 587,634 SH   SOLE   587,634 0 0
HOSPIRA INC COM 441060100 10,972 123,684 SH   SOLE   123,684 0 0
MEDIWOUND LTD ORD SHS M68830104 417 59,007 SH   SOLE   59,007 0 0
QUALCOMM INC COM 747525103 64,406 1,028,372 SH   SOLE   1,028,372 0 0
QUALCOMM INC CALL 747525903 53,022 846,600 SH   SOLE   846,600 0 0
TIMKEN CO COM 887389104 4,597 125,711 SH   SOLE   125,711 0 0
UNITED CONTL HLDGS INC COM 910047109 2,704 51,016 SH   SOLE   51,016 0 0
WESTERN DIGITAL CORP COM 958102105 8,479 108,123 SH   SOLE   108,123 0 0
SPDR S&P 500 ETF TR CALL 78462F903 41,178 200,000 SH   SOLE   200,000 0 0
INVESCO MUN OPPORTUNITY TR COM 46132C107 2,478 203,147 SH   SOLE   203,147 0 0