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
AMBAC FINL GROUP INC COM NEW 023139884 2,270 2,000 SH Put SOLE 2,000 0 0
FS KKR CAP CORP COM 302635206 206 10,643 SH   SOLE 10,643 0 0
GOL LINHAS AEREAS INTELIGENT SPON ADR PFD NEW 38045R206 545 1,600 SH Put SOLE 1,600 0 0
GOL LINHAS AEREAS INTELIGENT SPON ADR PFD NEW 38045R206 682 2,000 SH Put SOLE 2,000 0 0
HERTZ GLOBAL HLDGS INC COM NEW 42806J700 939 593 SH Put SOLE 593 0 0
HERTZ GLOBAL HLDGS INC COM NEW 42806J700 939 593 SH Put SOLE 593 0 0
ISHARES TR IBOXX HI YD ETF 464288513 10,114 1,374 SH Put SOLE 1,374 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 3,488 206 SH Put SOLE 206 0 0
PENNYMAC FINL SVCS INC NEW COM 70932M107 874 200 SH Put SOLE 200 0 0
RINGCENTRAL INC CL A 76680R206 1,113 213 SH Put SOLE 213 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,282,650 34,000 SH Put SOLE 34,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,603 69 SH Put SOLE 69 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,603 69 SH Put SOLE 69 0 0
SPDR SER TR S&P HOMEBUILD 78464A888 2,254 412 SH Put SOLE 412 0 0
THRYV HLDGS INC COM NEW 886029206 917 410 SH Put SOLE 410 0 0