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
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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
UNITED STATES OIL FUND LP UNITS 91232N108 37,500 3,000,000 SH Put SOLE   3,000,000 0 0
ISHARES TR IBOXX INV CP ETF 464287242 35,718 300,000 SH Put SOLE   300,000 0 0
CAESARS ENTMT CORP COM 127686103 2,607 300,000 SH   SOLE   300,000 0 0
IRIDIUM COMMUNICATIONS INC COM 46269C102 8,270 312,778 SH   SOLE   312,778 0 0
HERTZ GLOBAL HLDGS INC COM 42806J106 25,187 1,450,000 SH Put SOLE   1,450,000 0 0
PENN VA CORP NEW COM 70788V102 31,351 710,905 SH   SOLE   710,905 0 0
CHAPARRAL ENERGY INC COM CL A 15942R208 10,622 1,863,531 SH   SOLE   1,863,531 0 0
WILLSCOT CORP COM 971375126 16,980 1,531,148 SH   SOLE   1,531,148 0 0
PG&E CORP COM 69331C108 8,332 468,100 SH Put SOLE   468,100 0 0
CONTURA ENERGY INC COM 21241B100 35,462 612,264 SH   SOLE   612,264 0 0
ULTRA PETROLEUM CORP COM NEW 903914208 2,532 4,150,000 SH Call SOLE   4,150,000 0 0
T MOBILE US INC COM 872590104 8,638 125,000 SH   SOLE   125,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 151,322 1,750,000 SH Put SOLE   1,750,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 7,782 90,000 SH   SOLE   90,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 183,612 650,000 SH Put SOLE   650,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 56,496 200,000 SH Call SOLE   200,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 107,163 700,000 SH Put SOLE   700,000 0 0