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
ADEPTUS HEALTH INC CL A 006855100 32 4,200 SH Call SOLE   0 0 0
ADEPTUS HEALTH INC CL A 006855100 44 5,800 SH Put SOLE   0 0 0
ADEPTUS HEALTH INC CL A 006855100 44 5,822 SH   SOLE   5,822 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 26 300 SH   SOLE   300 0 0
ALLIED WRLD ASSUR COM HLDG A SHS H01531104 107 2,000 SH   SOLE   2,000 0 0
AMERICAN CAP LTD COM 02503Y103 109 6,070 SH   SOLE   6,070 0 0
APOLLO COML REAL EST FIN INC COM 03762U105 50 3,002 SH   SOLE   3,002 0 0
APOLLO ED GROUP INC CL A 037604105 30 3,000 SH Put SOLE   0 0 0
APRICUS BIOSCIENCES INC COM NEW 03832V307 0 126 SH   SOLE   126 0 0
AWARE INC MASS COM 05453N100 47 7,700 SH   SOLE   7,700 0 0
B/E AEROSPACE INC COM 073302101 67 1,109 SH   SOLE   1,109 0 0
BANK AMER CORP COM 060505104 111 5,000 SH Put SOLE   0 0 0
BANK AMER CORP COM 060505104 170 7,672 SH   SOLE   7,672 0 0
BATS GLOBAL MKTS INC COM 05491G109 167 4,976 SH   SOLE   4,976 0 0
BIOPTIX INC COM 09074N101 0 32 SH   SOLE   32 0 0
BLUE NILE INC COM 09578R103 122 3,000 SH   SOLE   3,000 0 0
BROCADE COMMUNICATIONS SYS I COM NEW 111621306 250 20,000 SH   SOLE   20,000 0 0
CABELAS INC COM 126804301 88 1,500 SH   SOLE   1,500 0 0
CARDINAL FINL CORP COM 14149F109 127 3,879 SH   SOLE   3,879 0 0
CASCADE BANCORP COM NEW 147154207 157 19,327 SH   SOLE   19,327 0 0
CHEMTURA CORP COM NEW 163893209 60 1,800 SH   SOLE   1,800 0 0
COCA COLA CO COM 191216100 0 8 SH   SOLE   8 0 0
COWEN GROUP INC NEW CL A NEW 223622606 6 374 SH   SOLE   374 0 0
CST BRANDS INC COM 12646R105 144 3,000 SH   SOLE   3,000 0 0
CSX CORP COM 126408103 449 12,500 SH Call SOLE   0 0 0
DEUTSCHE BANK AG NAMEN AKT D18190898 13,745 759,400 SH Put SOLE   0 0 0
DEUTSCHE BANK AG NAMEN AKT D18190898 21,470 1,186,200 SH Call SOLE   0 0 0
DIREXION SHS ETF TR DLY R/E BEAR3X 25459Y363 19 1,500 SH   SOLE   1,500 0 0
EARTHLINK HLDGS CORP COM 27033X101 99 17,500 SH   SOLE   17,500 0 0
ENDURANCE SPECIALTY HLDGS LT SHS G30397106 277 3,000 SH   SOLE   3,000 0 0
ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN 29273R109 179 5,000 SH   SOLE   5,000 0 0
EQUITY ONE COM 294752100 280 9,121 SH   SOLE   9,121 0 0
EVERBANK FINL CORP COM 29977G102 195 10,000 SH   SOLE   10,000 0 0
EXELON CORP COM 30161N101 11 300 SH Call SOLE   0 0 0
G & K SVCS INC CL A 361268105 289 3,000 SH   SOLE   3,000 0 0
GREAT ELM CAP GROUP INC COM NEW 39036P209 1 333 SH   SOLE   333 0 0
HARMAN INTL INDS INC COM 413086109 167 1,500 SH   SOLE   1,500 0 0
HEADWATERS INC COM 42210P102 212 9,000 SH   SOLE   9,000 0 0
HERITAGE OAKS BANCORP COM 42724R107 152 12,295 SH   SOLE   12,295 0 0
HUNTINGTON BANCSHARES INC COM 446150104 29 2,196 SH   SOLE   2,196 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 66 400 SH   SOLE   400 0 0
INTERSIL CORP CL A 46069S109 45 2,000 SH   SOLE   2,000 0 0
INVENSENSE INC COM 46123D205 179 14,000 SH   SOLE   14,000 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 257 17,000 SH   SOLE   17,000 0 0
ISLE OF CAPRI CASINOS INC COM 464592104 235 9,500 SH   SOLE   9,500 0 0
ITERIS INC COM 46564T107 10 2,708 SH   SOLE   2,708 0 0
KANDI TECHNOLOGIES GROUP INC COM 483709101 12 2,500 SH   SOLE   2,500 0 0
KINDER MORGAN INC DEL COM 49456B101 72 3,500 SH   SOLE   3,500 0 0
LATTICE SEMICONDUCTOR CORP COM 518415104 22 3,000 SH Put SOLE   0 0 0
LATTICE SEMICONDUCTOR CORP COM 518415104 44 6,000 SH   SOLE   6,000 0 0
LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 113 2,000 SH   SOLE   2,000 0 0
LIFELOCK INC COM 53224V100 144 6,000 SH   SOLE   6,000 0 0
LINEAR TECHNOLOGY CORP COM 535678106 156 2,500 SH   SOLE   2,500 0 0
MENTOR GRAPHICS CORP COM 587200106 221 6,000 SH   SOLE   6,000 0 0
MONSANTO CO NEW COM 61166W101 105 1,000 SH Call SOLE   0 0 0
MORGAN STANLEY COM NEW 617446448 4 100 SH   SOLE   100 0 0
NET 1 UEPS TECHNOLOGIES INC COM NEW 64107N206 103 9,000 SH   SOLE   9,000 0 0
NEUSTAR INC CL A 64126X201 100 3,000 SH   SOLE   3,000 0 0
NEWLINK GENETICS CORP COM 651511107 10 1,000 SH Put SOLE   0 0 0
NEWLINK GENETICS CORP COM 651511107 31 3,000 SH   SOLE   3,000 0 0
NEWMONT MINING CORP COM 651639106 51 1,500 SH   SOLE   1,500 0 0
NORTH ATLANTIC DRILLING LTD COM G6613P129 5 1,600 SH   SOLE   1,600 0 0
NORTHSTAR RLTY FIN CORP COM 66704R803 76 5,000 SH   SOLE   5,000 0 0
NUMEREX CORP PA CL A 67053A102 1 200 SH   SOLE   200 0 0
NUVEEN PFD INCOME OPPRTNY FD COM 67073B106 197 20,000 SH   SOLE   20,000 0 0
NXP SEMICONDUCTORS N V COM N6596X109 167 1,700 SH Put SOLE   0 0 0
NXP SEMICONDUCTORS N V COM N6596X109 98 1,000 SH   SOLE   1,000 0 0
NXP SEMICONDUCTORS N V COM N6596X109 392 4,000 SH Call SOLE   0 0 0
PENNANTPARK FLOATING RATE CA COM 70806A106 14 1,000 SH   SOLE   1,000 0 0
POTASH CORP SASK INC COM 73755L107 45 2,500 SH   SOLE   2,500 0 0
PROCTER AND GAMBLE CO COM 742718109 8 100 SH Call SOLE   0 0 0
PROSHARES TR ULTRA FNCLS NEW 74347X633 18 200 SH   SOLE   200 0 0
PROSHARES TR PSHS ULTSH 20YRS 74347B201 107 2,625 SH   SOLE   2,625 0 0
RADISYS CORP COM 750459109 9 2,000 SH   SOLE   2,000 0 0
RITE AID CORP COM 767754104 165 20,000 SH Put SOLE   0 0 0
RITE AID CORP COM 767754104 165 20,000 SH   SOLE   20,000 0 0
SILVER BAY RLTY TR CORP COM 82735Q102 1,132 66,026 SH   SOLE   66,026 0 0
SOUTHWEST BANCORP INC OKLA COM 844767103 44 1,512 SH   SOLE   1,512 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 9 40 SH   SOLE   40 0 0
STARWOOD PPTY TR INC COM 85571B105 66 3,000 SH   SOLE   3,000 0 0
STILLWATER MNG CO COM 86074Q102 371 23,000 SH   SOLE   23,000 0 0
STILLWATER MNG CO COM 86074Q102 161 10,000 SH Put SOLE   0 0 0
SUNCOKE ENERGY PARTNERS L P COMUNIT REP LT 86722Y101 193 10,000 SH   SOLE   10,000 0 0
TEAM HEALTH HOLDINGS INC COM 87817A107 174 4,000 SH Put SOLE   0 0 0
TEAM HEALTH HOLDINGS INC COM 87817A107 435 10,000 SH   SOLE   10,000 0 0
TESLA MTRS INC COM 88160R101 64 300 SH Put SOLE   0 0 0
TESLA MTRS INC COM 88160R101 641 3,000 SH Call SOLE   0 0 0
TIME WARNER INC COM NEW 887317303 241 2,500 SH   SOLE   2,500 0 0
TIME WARNER INC COM NEW 887317303 241 2,500 SH Put SOLE   0 0 0
TRANSOCEAN LTD REG SHS H8817H100 13 900 SH Put SOLE   0 0 0
TRANSOCEAN LTD REG SHS H8817H100 78 5,300 SH   SOLE   5,300 0 0
TWO HBRS INVT CORP COM 90187B101 87 10,000 SH   SOLE   10,000 0 0
UNILIFE CORP NEW COM NEW 90478E301 0 100 SH   SOLE   100 0 0
UNITED STATES OIL FUND LP UNITS 91232N108 105 9,000 SH Call SOLE   0 0 0
UNIVERSAL TECHNICAL INST INC COM 913915104 3 1,000 SH   SOLE   1,000 0 0
VALSPAR CORP COM 920355104 155 1,500 SH   SOLE   1,500 0 0
VANGUARD NAT RES LLC COM UNIT 92205F106 7 10,066 SH   SOLE   10,066 0 0
WCI CMNTYS INC COM PAR $0.01 92923C807 150 6,400 SH   SOLE   6,400 0 0
WELLS FARGO & CO NEW COM 949746101 33 600 SH   SOLE   600 0 0
WESTAR ENERGY INC COM 95709T100 169 3,000 SH   SOLE   3,000 0 0
WHIRLPOOL CORP COM 963320106 309 1,700 SH Put SOLE   0 0 0
WHITEWAVE FOODS CO COM 966244105 206 3,700 SH   SOLE   3,700 0 0
WHITEWAVE FOODS CO COM 966244105 206 3,700 SH Put SOLE   0 0 0
XENCOR INC COM 98401F105 2,124 80,706 SH   SOLE   80,706 0 0
YRC WORLDWIDE INC COM PAR $.01 984249607 1 53 SH   SOLE   53 0 0