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
ALPHA METALLURGICAL RESOUR I COM 020764106 940 154 SH Put SOLE 154 0 0
CARNIVAL CORP CALL 143658900 905 450 SH Put SOLE 450 0 0
FORTRESS TRANS INFRST INVS L COM REP LTD LIAB 34960P101 1,071 37,039 SH   SOLE 37,039 0 0
FS KKR CAP CORP COM 302635206 706 33,705 SH   SOLE 33,705 0 0
INNOVATE CORP COM 45784J105 661 178,639 SH   SOLE 178,639 0 0
ISHARES INC CALL 464286900 1,684 600 SH Put SOLE 600 0 0
ISHARES TR CALL 464287905 94,052 4,228 SH Put SOLE 4,228 0 0
ISHARES TR IBOXX HI YD ETF 464288513 13,400 1,540 SH Put SOLE 1,540 0 0
SPDR S&P 500 ETF TR CALL 78462F903 10,972 231 SH Put SOLE 231 0 0
SPDR S&P 500 ETF TR CALL 78462F903 12,824 270 SH Put SOLE 270 0 0
VALE S A CALL 91912E905 202 143 SH Put SOLE 143 0 0