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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBOTT LABS COM 002824100   1,658,125 12,500 SH   DFND 1 12,500 0 0
ABBVIE INC COM 00287Y109   1,676,160 8,000 SH   DFND 1 8,000 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   9,495,304 71,809 SH   DFND 1 71,809 0 0
ALLY FINL INC COM 02005N100   2,370,550 65,000 SH   DFND 1 65,000 0 0
AMGEN INC COM 031162100   12,462,000 40,000 SH Call DFND 1 40,000 0 0
AMGEN INC COM 031162100   12,462,000 40,000 SH Put DFND 1 40,000 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108   3,078,000 50,000 SH Put DFND 1 50,000 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108   3,078,000 50,000 SH Call DFND 1 50,000 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203   879,925 30,500 SH   SOLE   30,500 0 0
ARCHER DANIELS MIDLAND CO COM 039483102   470,498 9,800 SH Put DFND 1 9,800 0 0
ARCHER DANIELS MIDLAND CO COM 039483102   470,498 9,800 SH Call DFND 1 9,800 0 0
ARISTA NETWORKS INC COM SHS 040413205   883,272 11,400 SH   DFND 1 11,400 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108   1,617,000 22,000 SH   DFND 1 22,000 0 0
BANK AMERICA CORP COM 060505104   834,600 20,000 SH Put SOLE   20,000 0 0
BANK AMERICA CORP COM 060505104   834,600 20,000 SH Call SOLE   20,000 0 0
BOEING CO COM 097023105   42,637,500 250,000 SH Call DFND 1 250,000 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108   1,707,720 28,000 SH   DFND 1 28,000 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107   550,221 13,300 SH   DFND 1 13,300 0 0
BROADCOM INC COM 11135F101   4,118,611 24,599 SH   DFND 1 24,599 0 0
BROADCOM INC COM 11135F101   5,022,900 30,000 SH Put DFND 1 30,000 0 0
BROADCOM INC COM 11135F101   5,022,900 30,000 SH Call DFND 1 30,000 0 0
CELESTICA INC COM 15101Q207   504,384 6,400 SH   DFND 1 6,400 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102   2,004,300 26,200 SH   SOLE   26,200 0 0
COINBASE GLOBAL INC COM CL A 19260Q107   2,340,261 13,588 SH   DFND 1 13,588 0 0
COINBASE GLOBAL INC COM CL A 19260Q107   3,444,600 20,000 SH Put DFND 1 20,000 0 0
CONSTELLATION ENERGY CORP COM 21037T109   2,016,300 10,000 SH Put DFND 1 10,000 0 0
CONSTELLATION ENERGY CORP COM 21037T109   2,016,300 10,000 SH Call DFND 1 10,000 0 0
COUPANG INC CL A 22266T109   342,108 15,600 SH   SOLE   15,600 0 0
CVS HEALTH CORP COM 126650100   4,742,500 70,000 SH Call DFND 1 70,000 0 0
CVS HEALTH CORP COM 126650100   4,742,500 70,000 SH Put DFND 1 70,000 0 0
DECKERS OUTDOOR CORP COM 243537107   1,752,063 15,670 SH   DFND 1 15,670 0 0
DECKERS OUTDOOR CORP COM 243537107   1,677,150 15,000 SH Call DFND 1 15,000 0 0
DECKERS OUTDOOR CORP COM 243537107   1,677,150 15,000 SH Put DFND 1 15,000 0 0
DELL TECHNOLOGIES INC CL C 24703L202   903,205 9,909 SH   DFND 1 9,909 0 0
DELL TECHNOLOGIES INC CL C 24703L202   1,823,000 20,000 SH Put DFND 1 20,000 0 0
DELL TECHNOLOGIES INC CL C 24703L202   1,823,000 20,000 SH Call DFND 1 20,000 0 0
E L F BEAUTY INC COM 26856L103   1,195,145 19,034 SH   DFND 1 19,034 0 0
E L F BEAUTY INC COM 26856L103   2,511,600 40,000 SH Put DFND 1 40,000 0 0
EATON CORP PLC SHS G29183103   2,718,300 10,000 SH Call DFND 1 10,000 0 0
EATON CORP PLC SHS G29183103   2,718,300 10,000 SH Put DFND 1 10,000 0 0
ECARX HOLDINGS INC CLASS A ORD G29201103   1,141,849 906,229 SH   SOLE   906,229 0 0
ELI LILLY & CO COM 532457108   660,728 800 SH   DFND 1 800 0 0
EXXON MOBIL CORP COM 30231G102   1,189,300 10,000 SH Call SOLE   10,000 0 0
EXXON MOBIL CORP COM 30231G102   1,189,300 10,000 SH Put SOLE   10,000 0 0
FERRARI N V COM N3167Y103   1,358,200 3,203 SH   SOLE   3,203 0 0
FIRST SOLAR INC COM 336433107   442,505 3,500 SH   SOLE   3,500 0 0
FRONTLINE PLC COM M46528101   413,483 27,844 SH   SOLE   27,844 0 0
FULL TRUCK ALLIANCE CO LTD SPONSORED ADS 35969L108   1,648,607 129,100 SH   DFND 1 129,100 0 0
FUTU HLDGS LTD SPON ADS CL A 36118L106   654,631 6,396 SH   DFND 1 6,396 0 0
FUTU HLDGS LTD SPON ADS CL A 36118L106   2,047,000 20,000 SH Put DFND 1 20,000 0 0
FUTU HLDGS LTD SPON ADS CL A 36118L106   2,047,000 20,000 SH Call DFND 1 20,000 0 0
GARMIN LTD SHS H2906T109   6,991,586 32,200 SH Put DFND 1 32,200 0 0
GARMIN LTD SHS H2906T109   6,991,586 32,200 SH Call DFND 1 32,200 0 0
GDS HLDGS LTD SPONSORED ADS 36165L108   1,056,261 41,700 SH   SOLE   41,700 0 0
GDS HLDGS LTD SPONSORED ADS 36165L108   379,950 15,000 SH   DFND 1 15,000 0 0
GSK PLC SPONSORED ADR 37733W204   697,320 18,000 SH   DFND 1 18,000 0 0
H WORLD GROUP LTD SPONSORED ADS 44332N106   658,778 17,800 SH   DFND 1 17,800 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   239,618 511 SH   SOLE   511 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   2,344,600 5,000 SH Call SOLE   5,000 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   15,239,900 32,500 SH Call DFND 1 32,500 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   2,344,600 5,000 SH Put SOLE   5,000 0 0
IQVIA HLDGS INC COM 46266C105   1,163,580 6,600 SH   DFND 1 6,600 0 0
ISHARES TR 20 YR TR BD ETF 464287432   215,923 2,372 SH   SOLE   2,372 0 0
ISHARES TR IBOXX HI YD ETF 464288513   788,900 10,000 SH Put SOLE   10,000 0 0
JABIL INC COM 466313103   1,992,065 14,640 SH   DFND 1 14,640 0 0
JABIL INC COM 466313103   3,088,789 22,700 SH Call DFND 1 22,700 0 0
JABIL INC COM 466313103   3,088,789 22,700 SH Put DFND 1 22,700 0 0
JD.COM INC SPON ADS CL A 47215P106   1,361,072 33,100 SH   DFND 1 33,100 0 0
KANZHUN LIMITED SPONSORED ADS 48553T106   15,344,243 800,430 SH   DFND 1 800,430 0 0
KE HLDGS INC SPONSORED ADS 482497104   6,545,222 325,795 SH   DFND 1 325,795 0 0
LAUDER ESTEE COS INC CL A 518439104   3,763,848 57,028 SH   DFND 1 57,028 0 0
LAUDER ESTEE COS INC CL A 518439104   5,280,000 80,000 SH Put DFND 1 80,000 0 0
LUMENTUM HLDGS INC COM 55024U109   548,592 8,800 SH   DFND 1 8,800 0 0
MEDTRONIC PLC SHS G5960L103   718,880 8,000 SH   DFND 1 8,000 0 0
MICROSTRATEGY INC CL A NEW 594972408   3,140,413 10,894 SH   DFND 1 10,894 0 0
MICROSTRATEGY INC CL A NEW 594972408   25,425,414 88,200 SH Put DFND 1 88,200 0 0
NEW ORIENTAL ED & TECHNOLOGY SPON ADR 647581206   1,233,498 25,800 SH Put DFND 1 25,800 0 0
NIKE INC CL B 654106103   412,620 6,500 SH   SOLE   6,500 0 0
NVIDIA CORPORATION COM 67066G104   1,942,278 17,921 SH   SOLE   17,921 0 0
NVIDIA CORPORATION COM 67066G104   5,419,000 50,000 SH Put SOLE   50,000 0 0
NXP SEMICONDUCTORS N V COM N6596X109   950,300 5,000 SH   DFND 1 5,000 0 0
PDD HOLDINGS INC SPONSORED ADS 722304102   698,265 5,900 SH   DFND 1 5,900 0 0
PHILIP MORRIS INTL INC COM 718172109   476,190 3,000 SH   DFND 1 3,000 0 0
QIFU TECHNOLOGY INC AMERICAN DEP 88557W101   217,903 4,852 SH   DFND 1 4,852 0 0
QORVO INC COM 74736K101   1,831,973 25,300 SH Put DFND 1 25,300 0 0
QORVO INC COM 74736K101   1,810,250 25,000 SH Call DFND 1 25,000 0 0
REDDIT INC CL A 75734B100   3,761,924 35,862 SH   DFND 1 35,862 0 0
REDDIT INC CL A 75734B100   1,049,000 10,000 SH Call DFND 1 10,000 0 0
REDDIT INC CL A 75734B100   5,769,500 55,000 SH Put DFND 1 55,000 0 0
RH COM 74967X103   9,950,470 42,449 SH   DFND 1 42,449 0 0
RH COM 74967X103   10,548,450 45,000 SH Put DFND 1 45,000 0 0
SALESFORCE INC COM 79466L302   4,025,400 15,000 SH Call DFND 1 15,000 0 0
SALESFORCE INC COM 79466L302   2,805,435 10,454 SH   DFND 1 10,454 0 0
SALESFORCE INC COM 79466L302   4,025,400 15,000 SH Put DFND 1 15,000 0 0
SKYWORKS SOLUTIONS INC COM 83088M102   1,615,750 25,000 SH Put DFND 1 25,000 0 0
SKYWORKS SOLUTIONS INC COM 83088M102   1,615,750 25,000 SH Call DFND 1 25,000 0 0
SPDR GOLD TR GOLD SHS 78463V107   2,881,400 10,000 SH Call SOLE   10,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   27,969,500 50,000 SH Put DFND 1 50,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   22,375,600 40,000 SH Call SOLE   40,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   5,593,900 10,000 SH Put SOLE   10,000 0 0
SUPER MICRO COMPUTER INC COM NEW 86800U302   1,369,600 40,000 SH Call DFND 1 40,000 0 0
SUPER MICRO COMPUTER INC COM NEW 86800U302   1,883,200 55,000 SH Put DFND 1 55,000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   415,000 2,500 SH   SOLE   2,500 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   5,258,050 31,675 SH   DFND 1 31,675 0 0
TAPESTRY INC COM 876030107   5,499,021 78,100 SH   DFND 1 78,100 0 0
TESLA INC COM 88160R101   2,324,406 8,969 SH   SOLE   8,969 0 0
TESLA INC COM 88160R101   6,641,493 25,627 SH   DFND 1 25,627 0 0
TESLA INC COM 88160R101   2,591,600 10,000 SH Call DFND 1 10,000 0 0
TESLA INC COM 88160R101   12,958,000 50,000 SH Put DFND 1 50,000 0 0
TRIP COM GROUP LTD ADS 89677Q107   1,387,761 21,827 SH   DFND 1 21,827 0 0
UNITED PARCEL SERVICE INC CL B 911312106   2,749,750 25,000 SH Call DFND 1 25,000 0 0
UNITED PARCEL SERVICE INC CL B 911312106   1,174,143 10,675 SH   DFND 1 10,675 0 0
UNITED PARCEL SERVICE INC CL B 911312106   2,749,750 25,000 SH Put DFND 1 25,000 0 0
VANECK ETF TRUST SEMICONDUCTR ETF 92189F676   740,145 3,500 SH   SOLE   3,500 0 0
VANECK ETF TRUST SEMICONDUCTR ETF 92189F676   2,114,700 10,000 SH Put SOLE   10,000 0 0
VERTIV HOLDINGS CO COM CL A 92537N108   1,083,000 15,000 SH Call DFND 1 15,000 0 0
VERTIV HOLDINGS CO COM CL A 92537N108   660,197 9,144 SH   DFND 1 9,144 0 0
WELLS FARGO CO NEW COM 949746101   424,351 5,911 SH   DFND 1 5,911 0 0
ZAI LAB LTD ADR 98887Q104   542,100 15,000 SH   DFND 1 15,000 0 0
ZEEKR INTELLIGENT TECHNOLOGY SPON ADS 98923K103   794,970 33,000 SH   DFND 1 33,000 0 0
ZHIHU INC SPONSORED ADS 98955N207   353,129 82,700 SH   DFND 1 82,700 0 0