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
ADVANCE AUTO PARTS INC. COM 00751y106 2,563 19,000 SH   SOLE   19,000 0 0
AIR LEASE CORP COM 00912x302 3,715 96,300 SH   SOLE   96,300 0 0
ALCOA INC COM 013817101 1,815 121,900 SH   SOLE   121,900 0 0
AMAZON COM INC. COM 023135106 6,496 20,000 SH Put SOLE   20,000 0 0
APPLE, INC. COM 037833100 2,718 29,253 SH   SOLE   29,253 0 0
ATHENAHEALTH INC. COM 04685w103 3,404 27,200 SH Put SOLE   27,200 0 0
AUTODESK INC. COM 052769106 1,669 29,600 SH   SOLE   29,600 0 0
AVAGO TECHNOLOGIES LTD. COM y0486s104 490 6,800 SH   SOLE   6,800 0 0
BARNES GROUP, INC. COM 067806109 289 7,500 SH   SOLE   7,500 0 0
BERKSHIRE HATHAWAY CL.B COM 084670702 3,730 29,470 SH   SOLE   29,470 0 0
BLACKBERRY LTD. COM 09228f103 724 70,700 SH   SOLE   70,700 0 0
BOARDWALK PIPELINE PTNRS COM 096627104 4,767 257,700 SH   SOLE   257,700 0 0
BOEING COMPANY COM 097023105 5,347 42,030 SH   SOLE   42,030 0 0
BRIDGEPOINT EDUCATION INC. COM 10807m105 4,582 345,000 SH Put SOLE   345,000 0 0
CEMEX SAB-ADR COM 151290889 1,124 84,988 SH   SOLE   84,988 0 0
CONSTELLATION BRANDS, INC. COM 21036p108 4,583 52,000 SH   SOLE   52,000 0 0
COVANTA HOLDING CORP. COM 22282e102 4,271 207,250 SH   SOLE   207,250 0 0
CUMMINS, INC. COM 231021106 2,452 15,895 SH   SOLE   15,895 0 0
DELPHI AUTOMOTIVE PLC COM g27823106 1,182 17,200 SH   SOLE   17,200 0 0
DIAMOND OFFSHORE DRILL COM COM 25271C102 7,717 155,500 SH Put SOLE   155,500 0 0
DOMINION RESOURCES COM 25746u109 2,594 36,275 SH   SOLE   36,275 0 0
DOMINO'S PIZZA COM 25754a201 3,998 54,700 SH   SOLE   54,700 0 0
DOW CHEMICAL COMPANY COM 260543103 3,036 59,000 SH   SOLE   59,000 0 0
EAGLE MATERIALS INC. COM 26969p108 915 9,700 SH   SOLE   9,700 0 0
EATON CORP PLC COM g29183103 4,250 55,065 SH   SOLE   55,065 0 0
EOG RESOURCES COM 26875p101 760 6,500 SH   SOLE   6,500 0 0
FACEBOOK INC COM 30303m102 1,487 22,100 SH   SOLE   22,100 0 0
FIESTA RESTAURANT GROUP COM 31660b101 2,655 57,200 SH   SOLE   57,200 0 0
GENERAL ELECTRIC CO. COM 369604103 1,503 57,200 SH   SOLE   57,200 0 0
GENERAL MOTORS INC. COM 37045v100 3,648 100,500 SH   SOLE   100,500 0 0
GOOGLE, INC.-A COM 38259p508 1,856 3,175 SH   SOLE   3,175 0 0
GREEN DOT CORP. COM 39304d102 2,672 140,800 SH Put SOLE   140,800 0 0
GULFPORT ENERGY CORP. COM 402635304 722 11,500 SH   SOLE   11,500 0 0
HARMAN INTERNATIONAL COM 413086109 2,428 22,600 SH   SOLE   22,600 0 0
HOME DEPOT INC. COM 437076102 1,476 18,235 SH   SOLE   18,235 0 0
HONEYWELL INC COM 438516106 1,887 20,300 SH   SOLE   20,300 0 0
ISHARES FTSE/XINHUA CHINA 25 COM 464287184 1,852 50,000 SH Put SOLE   50,000 0 0
ISHARES TIPS BOND ETF COM 464287176 5,180 44,900 SH   SOLE   44,900 0 0
ITT EDUCATIONAL SVCS, INC. COM 45068b109 763 45,700 SH Put SOLE   45,700 0 0
KATE SPADE & CO COM 485865109 1,247 32,700 SH   SOLE   32,700 0 0
KIMBERLY-CLARK CORP. COM 494368103 1,558 14,010 SH   SOLE   14,010 0 0
KROGER COMPANY COM 501044101 1,478 29,900 SH   SOLE   29,900 0 0
LAM RESEARCH COM 512807108 284 4,200 SH   SOLE   4,200 0 0
MANPOWERGROUP, INC. COM 56418H100 4,192 49,400 SH   SOLE   49,400 0 0
MGIC INVESTMENT CORP COM 552848103 1,374 148,700 SH   SOLE   148,700 0 0
MICROSOFT CORP COM 594918104 4,132 99,100 SH   SOLE   99,100 0 0
MOHAWK INDUSTRIES COM 608190104 1,716 12,405 SH   SOLE   12,405 0 0
MONMOUTH REIT-A COM 609720107 508 50,600 SH   SOLE   50,600 0 0
NATIONAL FUEL GAS CO. COM 636180101 219 2,800 SH   SOLE   2,800 0 0
NIKE INC CL B COM 654106103 1,529 19,715 SH   SOLE   19,715 0 0
NRG ENERGY, INC. COM 629377508 1,663 44,700 SH   SOLE   44,700 0 0
NXP SEMICONDUCTORS NV COM n6596x109 3,350 50,615 SH   SOLE   50,615 0 0
PATTERSON ENERGY COM 703481101 2,481 71,000 SH   SOLE   71,000 0 0
PEPSICO INC. COM 713448108 1,463 16,375 SH   SOLE   16,375 0 0
POPEYES LOUISIANA KITCHEN, INC COM 732872106 1,053 24,100 SH   SOLE   24,100 0 0
PPG INDUSTRIES, INC. COM 693506107 4,452 21,185 SH   SOLE   21,185 0 0
PRECISION CASTPARTS CORP. COM 740189105 1,767 7,000 SH   SOLE   7,000 0 0
QUANTA SERVICES INC. COM 74762e102 1,324 38,275 SH   SOLE   38,275 0 0
REGIONS FINANCIAL CORP. COM 7591ep100 1,975 186,000 SH   SOLE   186,000 0 0
ROBERT HALF, INC. COM 770323103 1,222 25,600 SH   SOLE   25,600 0 0
SANDISK CORP. COM 80004c101 553 5,300 SH   SOLE   5,300 0 0
SEALED AIR CORP. COM 81211k100 2,149 62,900 SH   SOLE   62,900 0 0
SKECHERS USA COM 830566105 4,844 106,000 SH   SOLE   106,000 0 0
SPDR GOLD TRUST COM 78463v107 1,882 14,700 SH   SOLE   14,700 0 0
SPIRIT AEROSYSTEMS HOLDINGS COM 848574109 2,534 75,200 SH   SOLE   75,200 0 0
STARBUCKS CORP. COM 855244109 5,177 66,900 SH   SOLE   66,900 0 0
THE FINISH LINE COM 317923100 1,812 60,935 SH   SOLE   60,935 0 0
THE HERSHEY CO. COM 427866108 1,374 14,115 SH   SOLE   14,115 0 0
TIFFANY & CO. COM 886547108 481 4,800 SH   SOLE   4,800 0 0
TOLL BROTHERS INC. COM 889478103 974 26,400 SH   SOLE   26,400 0 0
TRIBUNE MEDIA CO. CL-A COM 896047503 3,130 36,800 SH   SOLE   36,800 0 0
TRINITY INDUSTRIES INC COM 896522109 2,378 54,400 SH   SOLE   54,400 0 0
UNDER ARMOUR-CL A COM 904311107 857 14,400 SH   SOLE   14,400 0 0
UNION PACIFIC CORP. COM 907818108 5,129 51,420 SH   SOLE   51,420 0 0
UNITED RENTALS COM 911363109 2,817 26,900 SH   SOLE   26,900 0 0
UNITED TECHNOLOGIES COM 913017109 2,678 23,200 SH   SOLE   23,200 0 0
US SILICA HOLDINGS COM 90346e103 976 17,600 SH   SOLE   17,600 0 0
WALT DISNEY COM 254687106 5,937 69,250 SH   SOLE   69,250 0 0
WASTE CONNECTIONS INC. COM 941053100 1,355 27,900 SH   SOLE   27,900 0 0
WHOLE FOODS MARKET, INC. COM 966837106 2,743 71,000 SH Put SOLE   71,000 0 0
WISCONSIN ENERGY CORP. COM 976657106 298 6,360 SH   SOLE   6,360 0 0
WORLD WRESTLING ENT. COM 98156q108 1,241 104,000 SH Call SOLE   104,000 0 0