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
APPLE INC COM 037833100 320 4,400 SH Call SOLE   0 0 4,400
BOEING CO COM 097023105 456 1,400 SH Call SOLE   0 0 1,400
ISHARES TR MSCI EMG MKT ETF 464287234 3,266 72,800 SH Call SOLE   0 0 72,800
ISHARES TR MSCI EAFE ETF 464287465 9,034 130,100 SH Call SOLE   0 0 130,100
FACEBOOK INC CL A 30303M102 615 3,000 SH Call SOLE   0 0 3,000
ISHARES TR CHINA LG-CAP ETF 464287184 3,154 72,300 SH Call SOLE   0 0 72,300
ALPHABET INC CAP STK CL C 02079K107 267 200 SH Call SOLE   0 0 200
ISHARES TR RUSSELL 2000 ETF 464287655 2,153 13,000 SH Call SOLE   0 0 13,000
PENNEY J C CORP INC COM 708160106 291 260,000 SH Call SOLE   0 0 260,000
MASTERCARD INC CL A 57636Q104 268 900 SH Call SOLE   0 0 900
MICROSOFT CORP COM 594918104 646 4,100 SH Call SOLE   0 0 4,100
PENNSYLVANIA RL ESTATE INVT SH BEN INT 709102107 746 140,000 SH Call SOLE   0 0 140,000
INVESCO QQQ TR UNIT SER 1 46090E103 2,997 14,100 SH Call SOLE   0 0 14,100
SPDR S&P 500 ETF TR TR UNIT 78462F103 539,662 1,676,700 SH Call SOLE   0 0 1,676,700
PROSHARES TR II ULTA BLMBG 2017 74347W247 3,410 166,700 SH Call SOLE   0 0 166,700
UNITEDHEALTH GROUP INC COM 91324P102 734 2,500 SH Call SOLE   0 0 2,500
UNITED STATES OIL FUND LP UNITS 91232N108 290 22,700 SH Call SOLE   0 0 22,700
SELECT SECTOR SPDR TR ENERGY 81369Y506 240 4,000 SH Call SOLE   0 0 4,000
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 732 23,800 SH Call SOLE   0 0 23,800
AGILENT TECHNOLOGIES INC COM 00846U101 494 5,800 SH Put SOLE   0 0 5,800
APPLE INC COM 037833100 1,260 17,300 SH Put SOLE   0 0 17,300
ABBVIE INC COM 00287Y109 1,071 12,100 SH Put SOLE   0 0 12,100
ISHARES TR MSCI ACWI ETF 464288257 554 7,000 SH Put SOLE   0 0 7,000
AMAZON COM INC COM 023135106 4,250 2,300 SH Put SOLE   0 0 2,300
BOEING CO COM 097023105 1,566 4,800 SH Put SOLE   0 0 4,800
BANK AMER CORP COM 060505104 281 8,000 SH Put SOLE   0 0 8,000
CDN IMPERIAL BK COMM TORONTO COM 136069101 332 4,000 SH Put SOLE   0 0 4,000
EBAY INC COM 278642103 328 9,100 SH Put SOLE   0 0 9,100
ISHARES TR MSCI EMG MKT ETF 464287234 228 5,100 SH Put SOLE   0 0 5,100
ISHARES TR MSCI EAFE ETF 464287465 1,777 25,600 SH Put SOLE   0 0 25,600
FACEBOOK INC CL A 30303M102 964 4,700 SH Put SOLE   0 0 4,700
ALPHABET INC CAP STK CL C 02079K107 1,603 1,200 SH Put SOLE   0 0 1,200
ALPHABET INC CAP STK CL A 02079K305 1,339 1,000 SH Put SOLE   0 0 1,000
HOME DEPOT INC COM 437076102 960 4,400 SH Put SOLE   0 0 4,400
HERSHEY CO COM 427866108 411 2,800 SH Put SOLE   0 0 2,800
INTERNATIONAL BUSINESS MACHS COM 459200101 549 4,100 SH Put SOLE   0 0 4,100
INTEL CORP COM 458140100 245 4,100 SH Put SOLE   0 0 4,100
ISHARES TR RUSSELL 2000 ETF 464287655 2,799 16,900 SH Put SOLE   0 0 16,900
JOHNSON & JOHNSON COM 478160104 7,089 48,600 SH Put SOLE   0 0 48,600
JPMORGAN CHASE & CO COM 46625H100 599 4,300 SH Put SOLE   0 0 4,300
COCA COLA CO COM 191216100 398 7,200 SH Put SOLE   0 0 7,200
SPDR SERIES TRUST S&P REGL BKG 78464A698 4,863 83,500 SH Put SOLE   0 0 83,500
LAM RESEARCH CORP COM 512807108 4,093 14,000 SH Put SOLE   0 0 14,000
MASTERCARD INC CL A 57636Q104 537 1,800 SH Put SOLE   0 0 1,800
MCDONALDS CORP COM 580135101 1,659 8,400 SH Put SOLE   0 0 8,400
MONDELEZ INTL INC CL A 609207105 671 12,200 SH Put SOLE   0 0 12,200
MEDTRONIC PLC SHS G5960L103 748 6,600 SH Put SOLE   0 0 6,600
3M CO COM 88579Y101 1,093 6,200 SH Put SOLE   0 0 6,200
ALTRIA GROUP INC COM 02209S103 753 15,100 SH Put SOLE   0 0 15,100
MICROSOFT CORP COM 594918104 4,494 28,500 SH Put SOLE   0 0 28,500
ORACLE CORP COM 68389X105 445 8,400 SH Put SOLE   0 0 8,400
PEPSICO INC COM 713448108 2,514 18,400 SH Put SOLE   0 0 18,400
PHILIP MORRIS INTL INC COM 718172109 1,531 18,000 SH Put SOLE   0 0 18,000
INVESCO QQQ TR UNIT SER 1 46090E103 3,593 16,900 SH Put SOLE   0 0 16,900
RAYTHEON CO COM NEW 755111507 263 1,200 SH Put SOLE   0 0 1,200
SPDR S&P 500 ETF TR TR UNIT 78462F103 155,458 483,000 SH Put SOLE   0 0 483,000
TARGET CORP COM 87612E106 769 6,000 SH Put SOLE   0 0 6,000
TESLA INC COM 88160R101 5,229 12,500 SH Put SOLE   0 0 12,500
TEXAS INSTRS INC COM 882508104 1,244 9,700 SH Put SOLE   0 0 9,700
UNITEDHEALTH GROUP INC COM 91324P102 2,528 8,600 SH Put SOLE   0 0 8,600
VISA INC COM CL A 92826C839 469 2,500 SH Put SOLE   0 0 2,500
WALGREENS BOOTS ALLIANCE INC COM 931427108 353 6,000 SH Put SOLE   0 0 6,000
WASHINGTON PRIME GROUP NEW COM 93964W108 72 20,000 SH Put SOLE   0 0 20,000
EXXON MOBIL CORP COM 30231G102 1,842 26,400 SH Put SOLE   0 0 26,400