0001140361-11-041781.txt : 20110815 0001140361-11-041781.hdr.sgml : 20110815 20110815110102 ACCESSION NUMBER: 0001140361-11-041781 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110815 DATE AS OF CHANGE: 20110815 EFFECTIVENESS DATE: 20110815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ionic Capital Management LLC CENTRAL INDEX KEY: 0001386462 IRS NUMBER: 680629832 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12913 FILM NUMBER: 111034008 BUSINESS ADDRESS: STREET 1: 366 MADISON AVENUE STREET 2: 9TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-294-8505 MAIL ADDRESS: STREET 1: 366 MADISON AVENUE STREET 2: 9TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 13F-HR 1 form13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 6/30/2011 Check here if Amendment []; Amendment Number: ------- This Amendment (Check only one.): [] is a restatement. [] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Ionic Capital Management LLC Address: 366 Madison Avenue 9th Floor New York, NY 10017 Form 13F File Number: 028-12913 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Persons Signing this Report on Behalf of Reporting Manager: Name: John C. Richardson Title: General Counsel Phone: (212) 294-8500 Signature, Place, and Date of Signing: /s/ John C. Richardson New York, NY 8/15/2011 --------------------------------- --------------------------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 2 Form 13F Information Table Entry Total: 653 Form 13F Information Table Value Total: $ 7,215,038 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 1 028-12955 Ionic Capital Partners LP ---- -------------------- ---------------------------------------------------- 2 028-14380 Ionic Convertible Partners LP ---- -------------------- ----------------------------------------------------

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE ---------------------------- ----------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- 3M CO COM 88579Y101 15,802 166,600 CALL DEFINED 1 166,600 0 0 3M CO COM 88579Y101 17,879 188,500 PUT DEFINED 1 188,500 0 0 ABBOTT LABS COM 002824100 1,052 20,000 CALL DEFINED 1 20,000 0 0 ABBOTT LABS COM 002824100 489 9,300 PUT DEFINED 1 9,300 0 0 ABERCROMBIE & FITCH CO CL A 002896207 48,684 727,500 PUT DEFINED 1 727,500 0 0 ABERCROMBIE & FITCH CO CL A 002896207 23,931 357,600 PUT DEFINED 357,600 0 0 ACME PACKET INC COM 004764106 11,060 157,700 PUT DEFINED 1 157,700 0 0 ACME PACKET INC COM 004764106 1,227 17,500 PUT DEFINED 17,500 0 0 ACUITY BRANDS INC COM 00508Y102 3,626 65,000 CALL DEFINED 1 65,000 0 0 ADVANCED MICRO DEVICES INC COM 007903107 19,922 2,850,000 PUT DEFINED 1 2,850,000 0 0 ADVANCED MICRO DEVICES INC COM 007903107 1,049 150,000 PUT DEFINED 150,000 0 0 ADVANCED MICRO DEVICES INC COM 007903107 736 105,250 SH DEFINED 1 105,250 0 0 ADVANCED MICRO DEVICES INC COM 007903107 47 6,750 SH DEFINED 6,750 0 0 AEROPOSTALE COM 007865108 3,096 176,900 CALL DEFINED 1 176,900 0 0 AEROVIRONMENT INC COM 008073108 1,227 34,700 CALL DEFINED 1 34,700 0 0 AEROVIRONMENT INC COM 008073108 138 3,900 CALL DEFINED 3,900 0 0 AEROVIRONMENT INC COM 008073108 13,009 368,000 PUT DEFINED 1 368,000 0 0 AEROVIRONMENT INC COM 008073108 1,446 40,900 PUT DEFINED 40,900 0 0 AETNA INC NEW COM 00817Y108 26,454 600,000 PUT DEFINED 1 600,000 0 0 AETNA INC NEW COM 00817Y108 6,614 150,000 PUT DEFINED 150,000 0 0 AETNA INC NEW COM 00817Y108 265 6,000 SH DEFINED 1 6,000 0 0 AETNA INC NEW COM 00817Y108 66 1,500 SH DEFINED 1,500 0 0 ALCOA INC COM 013817101 1,751 110,400 CALL DEFINED 1 110,400 0 0 ALCOA INC NOTE 5.250% 3/1 013817AT8 12,677 5,000,000 PRN DEFINED 5,000,000 0 0 ALCOA INC COM 013817101 11,031 695,500 PUT DEFINED 695,500 0 0 ALCOA INC COM 013817101 92,588 5,837,800 PUT DEFINED 1 5,837,800 0 0 ALCOA INC COM 013817101 3,760 237,067 SH DEFINED 1 237,067 0 0 ALCOA INC COM 013817101 40 2,500 SH DEFINED 2,500 0 0 ALEXION PHARMACEUTICALS INC COM 015351109 25,396 540,000 PUT DEFINED 1 540,000 0 0 ALEXION PHARMACEUTICALS INC COM 015351109 2,822 60,000 PUT DEFINED 60,000 0 0 ALEXION PHARMACEUTICALS INC COM 015351109 1,261 26,820 SH DEFINED 1 26,820 0 0 ALEXION PHARMACEUTICALS INC COM 015351109 140 2,980 SH DEFINED 2,980 0 0 ALLEGHENY TECHNOLOGIES INC NOTE 4.250% 6/0 01741RAD4 16,530 10,000,000 PRN DEFINED 10,000,000 0 0 ALLIANCE DATA SYSTEMS CORP NOTE 4.750% 5/1 018581AC2 20,791 10,000,000 PRN DEFINED 10,000,000 0 0 ALPHA NATURAL RESOURCES INC COM 02076X102 3,862 85,000 PUT DEFINED 1 85,000 0 0 ALPHA NATURAL RESOURCES INC COM 02076X102 3,008 66,200 SH DEFINED 1 66,200 0 0 ALTERA CORP COM 021441100 57,938 1,250,000 PUT DEFINED 1 1,250,000 0 0 ALTERA CORP COM 021441100 7,156 154,400 PUT DEFINED 154,400 0 0 ALTERA CORP COM 021441100 1,970 42,500 SH DEFINED 1 42,500 0 0 ALTRIA GROUP INC COM 02209S103 623 23,600 CALL DEFINED 1 23,600 0 0 ALTRIA GROUP INC COM 02209S103 607 23,000 PUT DEFINED 1 23,000 0 0 AMAZON COM INC COM 023135106 695 3,400 CALL DEFINED 1 3,400 0 0 AMAZON COM INC COM 023135106 61,286 299,700 PUT DEFINED 1 299,700 0 0 AMAZON COM INC COM 023135106 6,707 32,800 PUT DEFINED 32,800 0 0 AMAZON COM INC COM 023135106 110 538 SH DEFINED 1 538 0 0 AMAZON COM INC COM 023135106 51 250 SH DEFINED 250 0 0 AMERICAN EXPRESS CO COM 025816109 6,463 125,000 CALL DEFINED 1 125,000 0 0 AMERICAN EXPRESS CO COM 025816109 9,316 180,200 PUT DEFINED 1 180,200 0 0 AMGEN INC COM 031162100 414 7,100 CALL DEFINED 1 7,100 0 0 AMGEN INC COM 031162100 712 12,200 PUT DEFINED 1 12,200 0 0 AMGEN INC COM 031162100 42 721 SH DEFINED 1 721 0 0 ANADARKO PETE CORP COM 032511107 9,012 117,400 CALL DEFINED 1 117,400 0 0 ANADARKO PETE CORP COM 032511107 14,776 192,500 PUT DEFINED 1 192,500 0 0 ANADARKO PETE CORP COM 032511107 5,187 67,575 SH DEFINED 1 67,575 0 0 ANCESTRY COM INC COM 032803108 6,209 150,000 PUT DEFINED 150,000 0 0 ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 460 10,929 SH DEFINED 1 10,929 0 0 ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 5,893 140,000 CALL DEFINED 1 140,000 0 0 ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 5,893 140,000 PUT DEFINED 1 140,000 0 0 ANNALY CAP MGMT INC COM 035710409 1,804 100,000 CALL DEFINED 1 100,000 0 0 ANNALY CAP MGMT INC NOTE 4.000% 2/1 035710AA0 18,391 15,500,000 PRN DEFINED 1 15,500,000 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE ---------------------------- ----------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- APACHE CORP COM 037411105 6,170 50,000 PUT DEFINED 1 50,000 0 0 APACHE CORP COM 037411105 2,801 22,700 SH DEFINED 1 22,700 0 0 APPLE INC COM 037833100 21,819 65,000 CALL DEFINED 65,000 0 0 APPLE INC COM 037833100 200,093 596,100 CALL DEFINED 1 596,100 0 0 APPLE INC COM 037833100 60,924 181,500 PUT DEFINED 1 181,500 0 0 APPLE INC COM 037833100 20,140 60,000 PUT DEFINED 60,000 0 0 APPLE INC COM 037833100 403 1,200 SH DEFINED 1,200 0 0 ARCH COAL INC COM 039380100 2,533 95,000 CALL DEFINED 1 95,000 0 0 ARCH COAL INC COM 039380100 2,533 95,000 PUT DEFINED 1 95,000 0 0 ARCH COAL INC COM 039380100 981 36,800 SH DEFINED 1 36,800 0 0 ARCHER DANIELS MIDLAND CO COM 039483102 14,834 492,000 PUT DEFINED 1 492,000 0 0 ARCHER DANIELS MIDLAND CO COM 039483102 1,731 57,400 PUT DEFINED 57,400 0 0 ARM HLDGS PLC SPONSORED ADR 042068106 34,542 1,215,000 PUT DEFINED 1 1,215,000 0 0 ARM HLDGS PLC SPONSORED ADR 042068106 3,923 138,000 PUT DEFINED 138,000 0 0 ARM HLDGS PLC SPONSORED ADR 042068106 45 1,600 SH DEFINED 1 1,600 0 0 AT&T INC COM 00206R102 15,005 477,700 CALL DEFINED 1 477,700 0 0 AT&T INC COM 00206R102 9,941 316,500 PUT DEFINED 1 316,500 0 0 AVIAT NETWORKS INC COM 05366Y102 335 85,000 CALL DEFINED 1 85,000 0 0 AVIAT NETWORKS INC COM 05366Y102 335 85,000 PUT DEFINED 1 85,000 0 0 AVIAT NETWORKS INC COM 05366Y102 171 43,455 SH DEFINED 1 43,455 0 0 BABCOCK & WILCOX CO NEW COM 05615F102 416 15,000 SH DEFINED 1 15,000 0 0 BAIDU INC SPON ADR REP A 056752108 1,191 8,500 SH DEFINED 1 8,500 0 0 BAIDU INC SPON ADR REP A 056752108 140 1,000 SH DEFINED 1,000 0 0 BAIDU INC SPON ADR REP A 056752108 30,268 216,000 PUT DEFINED 1 216,000 0 0 BAIDU INC SPON ADR REP A 056752108 3,363 24,000 PUT DEFINED 24,000 0 0 BANK OF AMERICA CORPORATION COM 060505104 2,651 241,900 CALL DEFINED 1 241,900 0 0 BANK OF AMERICA CORPORATION COM 060505104 59,894 5,464,800 PUT DEFINED 1 5,464,800 0 0 BANK OF AMERICA CORPORATION COM 060505104 8,615 786,000 PUT DEFINED 786,000 0 0 BANK OF AMERICA CORPORATION COM 060505104 18,755 1,711,247 SH DEFINED 1 1,711,247 0 0 BANK OF AMERICA CORPORATION COM 060505104 3,254 296,934 SH DEFINED 296,934 0 0 BARCLAYS BANK PLC ETN DJUBSCOTTN38 06739H271 67 900 CALL DEFINED 900 0 0 BARCLAYS BANK PLC ETN DJUBSCOTTN38 06739H271 355 4,780 SH DEFINED 4,780 0 0 BARCLAYS BANK PLC ETN DJUBSCOTTN38 06739H271 869 11,700 PUT DEFINED 11,700 0 0 BARCLAYS BK PLC IPTH S&P VIX 06740C261 35,536 1,681,000 CALL DEFINED 1 1,681,000 0 0 BARCLAYS BK PLC IPTH S&P VIX 06740C261 1,268 60,000 PUT DEFINED 60,000 0 0 BERKSHIRE HATHAWAY INC DEL CL B 084670702 681 8,800 CALL DEFINED 1 8,800 0 0 BERKSHIRE HATHAWAY INC DEL CL B 084670702 1,316 17,000 PUT DEFINED 1 17,000 0 0 BERKSHIRE HATHAWAY INC DEL CL B 084670702 596 7,699 SH DEFINED 1 7,699 0 0 BOEING CO COM 097023105 10,927 147,800 CALL DEFINED 1 147,800 0 0 BOEING CO COM 097023105 13,026 176,200 PUT DEFINED 1 176,200 0 0 BORGWARNER INC NOTE 3.500% 4/1 099724AF3 24,212 9,799,000 PRN DEFINED 9,799,000 0 0 BP PLC SPONSORED ADR 055622104 11,073 250,000 CALL DEFINED 1 250,000 0 0 BP PLC SPONSORED ADR 055622104 4,429 100,000 PUT DEFINED 1 100,000 0 0 BP PLC SPONSORED ADR 055622104 13,686 309,000 SH DEFINED 1 309,000 0 0 BRINKER INTL INC COM 109641100 3,669 150,000 PUT DEFINED 1 150,000 0 0 BRINKER INTL INC COM 109641100 1,187 48,513 SH DEFINED 1 48,513 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 666 23,000 CALL DEFINED 1 23,000 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 597 20,600 PUT DEFINED 1 20,600 0 0 BUFFALO WILD WINGS INC COM 119848109 48,194 726,800 PUT DEFINED 1 726,800 0 0 BUFFALO WILD WINGS INC COM 119848109 5,358 80,800 PUT DEFINED 80,800 0 0 BUFFALO WILD WINGS INC COM 119848109 1,044 15,750 SH DEFINED 1 15,750 0 0 BUFFALO WILD WINGS INC COM 119848109 116 1,750 SH DEFINED 1,750 0 0 C H ROBINSON WORLDWIDE INC COM 12541W209 17,345 220,000 CALL DEFINED 1 220,000 0 0 CADENCE DESIGN SYSTEM INC COM 127387108 1,056 100,000 CALL DEFINED 100,000 0 0 CADENCE DESIGN SYSTEM INC COM 127387108 8,448 800,000 CALL DEFINED 1 800,000 0 0 CADENCE DESIGN SYSTEM INC COM 127387108 1,056 100,000 CALL DEFINED 100,000 0 0 CANADIAN NAT RES LTD COM 136385101 2,093 50,000 PUT DEFINED 1 50,000 0 0 CANADIAN NAT RES LTD COM 136385101 3,332 79,587 SH DEFINED 1 79,587 0 0 CAREER EDUCATION CORP COM 141665109 5,636 266,500 CALL DEFINED 1 266,500 0 0 CAREER EDUCATION CORP COM 141665109 5,791 273,800 PUT DEFINED 1 273,800 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE ---------------------------- ----------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- CAREER EDUCATION CORP COM 141665109 1,615 76,363 SH DEFINED 1 76,363 0 0 CATERPILLAR INC DEL COM 149123101 15,181 142,600 CALL DEFINED 1 142,600 0 0 CATERPILLAR INC DEL COM 149123101 39,635 372,300 PUT DEFINED 1 372,300 0 0 CEMEX SAB DE CV SPON ADR 151290889 753 87,601 SH DEFINED 1 87,601 0 0 CEMEX SAB DE CV SPON ADR 151290889 4,472 520,000 PUT DEFINED 1 520,000 0 0 CEPHALON INC NOTE 2.000% 6/0 156708AP4 20,799 12,000,000 PRN DEFINED 12,000,000 0 0 CHEVRON CORP NEW COM 166764100 11,426 111,100 CALL DEFINED 1 111,100 0 0 CHEVRON CORP NEW COM 166764100 21,648 210,500 PUT DEFINED 1 210,500 0 0 CHICAGO BRIDGE & IRON CO N V N Y REGISTRY SH 167250109 3,890 100,000 CALL DEFINED 1 100,000 0 0 CHIPOTLE MEXICAN GRILL INC COM 169656105 92,457 300,000 PUT DEFINED 1 300,000 0 0 CHIPOTLE MEXICAN GRILL INC COM 169656105 6,164 20,000 PUT DEFINED 20,000 0 0 CHIPOTLE MEXICAN GRILL INC COM 169656105 154 500 SH DEFINED 500 0 0 CIENA CORP COM 171779309 919 50,000 CALL DEFINED 50,000 0 0 CIENA CORP COM 171779309 13,428 730,600 PUT DEFINED 1 730,600 0 0 CIENA CORP COM 171779309 1,103 60,000 PUT DEFINED 60,000 0 0 CIENA CORP COM 171779309 8,076 439,402 SH DEFINED 1 439,402 0 0 CIENA CORP COM 171779309 919 50,000 SH DEFINED 50,000 0 0 CISCO SYS INC COM 17275R102 3,486 223,300 CALL DEFINED 1 223,300 0 0 CISCO SYS INC COM 17275R102 81,322 5,209,600 PUT DEFINED 1 5,209,600 0 0 CISCO SYS INC COM 17275R102 7,399 474,000 PUT DEFINED 474,000 0 0 CISCO SYS INC COM 17275R102 8,301 531,773 SH DEFINED 1 531,773 0 0 CISCO SYS INC COM 17275R102 446 28,600 SH DEFINED 28,600 0 0 CITIGROUP INC COM 172967424 12,246 294,100 CALL DEFINED 1 294,100 0 0 CITIGROUP INC COM 172967424 12,246 294,100 PUT DEFINED 1 294,100 0 0 CITRIX SYS INC COM 177376100 21,600 270,000 PUT DEFINED 1 270,000 0 0 CITRIX SYS INC COM 177376100 2,400 30,000 PUT DEFINED 30,000 0 0 CITRIX SYS INC COM 177376100 1,836 22,950 SH DEFINED 1 22,950 0 0 CITRIX SYS INC COM 177376100 204 2,550 SH DEFINED 2,550 0 0 CLIFFS NATURAL RESOURCES INC COM 18683K101 14,561 157,500 CALL DEFINED 1 157,500 0 0 CLIFFS NATURAL RESOURCES INC COM 18683K101 1,618 17,500 CALL DEFINED 17,500 0 0 CLIFFS NATURAL RESOURCES INC COM 18683K101 12,268 132,700 PUT DEFINED 1 132,700 0 0 CLIFFS NATURAL RESOURCES INC COM 18683K101 1,359 14,700 PUT DEFINED 14,700 0 0 CMS ENERGY CORP NOTE 5.500% 6/1 125896BD1 18,125 12,500,000 PRN DEFINED 12,500,000 0 0 COACH INC COM 189754104 39,227 613,600 PUT DEFINED 1 613,600 0 0 COACH INC COM 189754104 9,807 153,400 PUT DEFINED 153,400 0 0 COACH INC COM 189754104 767 12,000 SH DEFINED 1 12,000 0 0 COACH INC COM 189754104 192 3,000 SH DEFINED 3,000 0 0 COCA COLA CO COM 191216100 8,680 129,000 CALL DEFINED 1 129,000 0 0 COCA COLA CO COM 191216100 10,363 154,000 PUT DEFINED 1 154,000 0 0 COLGATE PALMOLIVE CO COM 194162103 12,867 147,200 PUT DEFINED 1 147,200 0 0 COLGATE PALMOLIVE CO COM 194162103 839 9,600 PUT DEFINED 9,600 0 0 COMCAST CORP NEW CL A 20030N101 953 37,600 CALL DEFINED 1 37,600 0 0 COMCAST CORP NEW CL A SPL 20030N200 7,269 300,000 CALL DEFINED 1 300,000 0 0 COMCAST CORP NEW CL A 20030N101 563 22,200 PUT DEFINED 1 22,200 0 0 CONOCOPHILLIPS COM 20825C104 962 12,800 CALL DEFINED 1 12,800 0 0 CONOCOPHILLIPS COM 20825C104 1,414 18,800 PUT DEFINED 1 18,800 0 0 CONSOL ENERGY INC COM 20854P109 1,086 22,400 CALL DEFINED 1 22,400 0 0 CONSOL ENERGY INC COM 20854P109 1,028 21,200 PUT DEFINED 1 21,200 0 0 COUSINS PPTYS INC COM 222795106 598 70,000 PUT DEFINED 1 70,000 0 0 COUSINS PPTYS INC COM 222795106 34 4,000 SH DEFINED 1 4,000 0 0 CREDICORP LTD COM G2519Y108 2,153 25,000 CALL DEFINED 25,000 0 0 CREE INC COM 225447101 1,680 50,000 CALL DEFINED 1 50,000 0 0 CREE INC COM 225447101 350 10,410 SH DEFINED 1 10,410 0 0 CROCS INC COM 227046109 1,288 50,000 CALL DEFINED 1 50,000 0 0 CSX CORP COM 126408103 1,762 67,200 CALL DEFINED 1 67,200 0 0 CSX CORP COM 126408103 2,368 90,300 PUT DEFINED 1 90,300 0 0 CSX CORP COM 126408103 158 6,042 SH DEFINED 1 6,042 0 0 CUMMINS INC COM 231021106 2,598 25,100 CALL DEFINED 1 25,100 0 0 CUMMINS INC COM 231021106 2,598 25,100 PUT DEFINED 1 25,100 0 0 DANAHER CORP DEL COM 235851102 2,130 40,200 CALL DEFINED 1 40,200 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE ---------------------------- ----------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- DANAHER CORP DEL COM 235851102 673 12,700 PUT DEFINED 1 12,700 0 0 DECKERS OUTDOOR CORP COM 243537107 1,587 18,000 PUT DEFINED 18,000 0 0 DECKERS OUTDOOR CORP COM 243537107 79 900 SH DEFINED 900 0 0 DEERE & CO COM 244199105 2,704 32,800 CALL DEFINED 1 32,800 0 0 DEERE & CO COM 244199105 1,731 21,000 PUT DEFINED 1 21,000 0 0 DELL INC COM 24702R101 110,625 6,636,200 PUT DEFINED 1 6,636,200 0 0 DELL INC COM 24702R101 11,364 681,700 PUT DEFINED 681,700 0 0 DELL INC COM 24702R101 532 31,900 SH DEFINED 1 31,900 0 0 DELL INC COM 24702R101 52 3,100 SH DEFINED 3,100 0 0 DENISON MINES CORP COM 248356107 1,236 644,000 PUT DEFINED 1 644,000 0 0 DENISON MINES CORP COM 248356107 659 343,300 SH DEFINED 1 343,300 0 0 DEVELOPERS DIVERSIFIED RLTY NOTE 1.750%11/1 251591AX1 15,747 15,000,000 PRN DEFINED 1 15,000,000 0 0 DIGITAL RLTY TR INC COM 253868103 4,615 74,700 PUT DEFINED 74,700 0 0 DIREXION SHS ETF TR DLY SMCAP BEAR3X 25459W110 347 10,000 CALL DEFINED 1 10,000 0 0 DIREXION SHS ETF TR DLY SMCAP BEAR3X 25459W110 4,404 127,000 PUT DEFINED 1 127,000 0 0 DISNEY WALT CO COM DISNEY 254687106 5,294 135,600 CALL DEFINED 1 135,600 0 0 DISNEY WALT CO COM DISNEY 254687106 6,422 164,500 PUT DEFINED 1 164,500 0 0 DOLE FOOD CO INC NEW COM 256603101 14 1,000 CALL DEFINED 1 1,000 0 0 DOLE FOOD CO INC NEW COM 256603101 420 31,100 PUT DEFINED 1 31,100 0 0 DOW CHEM CO COM 260543103 1,800 50,000 CALL DEFINED 1 50,000 0 0 DRESSER-RAND GROUP INC COM 261608103 6,461 120,200 CALL DEFINED 1 120,200 0 0 DU PONT E I DE NEMOURS & CO COM 263534109 5,773 106,800 CALL DEFINED 1 106,800 0 0 DU PONT E I DE NEMOURS & CO COM 263534109 7,621 141,000 PUT DEFINED 1 141,000 0 0 E M C CORP MASS NOTE 1.750%12/0 268648AK8 17,140 10,000,000 PRN DEFINED 10,000,000 0 0 E M C CORP MASS NOTE 1.750%12/0 268648AM4 23,663 13,500,000 PRN DEFINED 13,500,000 0 0 E M C CORP MASS NOTE 1.750%12/0 268648AM4 39,438 22,500,000 PRN DEFINED 1 22,500,000 0 0 EBAY INC COM 278642103 19,362 600,000 PUT DEFINED 1 600,000 0 0 EBAY INC COM 278642103 523 16,200 SH DEFINED 1 16,200 0 0 EMERSON ELEC CO COM 291011104 2,981 53,000 CALL DEFINED 1 53,000 0 0 EMERSON ELEC CO COM 291011104 1,783 31,700 PUT DEFINED 1 31,700 0 0 EMERSON ELEC CO COM 291011104 218 3,884 SH DEFINED 1 3,884 0 0 ENDO PHARMACEUTICALS HLDGS I NOTE 1.750% 4/1 29264FAB2 13,163 9,030,000 PRN DEFINED 9,030,000 0 0 EOG RES INC COM 26875P101 8,887 85,000 CALL DEFINED 1 85,000 0 0 EOG RES INC COM 26875P101 16,728 160,000 PUT DEFINED 160,000 0 0 EOG RES INC COM 26875P101 198 1,895 SH DEFINED 1,895 0 0 EQUITY RESIDENTIAL SH BEN INT 29476L107 23,400 390,000 CALL DEFINED 1 390,000 0 0 EQUITY RESIDENTIAL SH BEN INT 29476L107 11,400 190,000 PUT DEFINED 1 190,000 0 0 EXXON MOBIL CORP COM 30231G102 54,704 672,200 CALL DEFINED 1 672,200 0 0 EXXON MOBIL CORP COM 30231G102 51,367 631,200 PUT DEFINED 1 631,200 0 0 FASTENAL CO COM 311900104 50,170 1,394,000 PUT DEFINED 1 1,394,000 0 0 FASTENAL CO COM 311900104 8,854 246,000 PUT DEFINED 246,000 0 0 FASTENAL CO COM 311900104 1,450 40,290 SH DEFINED 1 40,290 0 0 FASTENAL CO COM 311900104 256 7,110 SH DEFINED 7,110 0 0 FEDEX CORP COM 31428X106 1,309 13,800 CALL DEFINED 1 13,800 0 0 FEDEX CORP COM 31428X106 1,053 11,100 PUT DEFINED 1 11,100 0 0 FINISH LINE INC CL A 317923100 1,284 60,000 CALL DEFINED 1 60,000 0 0 FORD MTR CO DEL COM PAR $0.01 345370860 6,143 445,500 CALL DEFINED 1 445,500 0 0 FORD MTR CO DEL COM PAR $0.01 345370860 85,298 6,185,500 PUT DEFINED 1 6,185,500 0 0 FORD MTR CO DEL COM PAR $0.01 345370860 5,654 410,000 PUT DEFINED 410,000 0 0 FORD MTR CO DEL COM PAR $0.01 345370860 15,049 1,091,285 SH DEFINED 1 1,091,285 0 0 FORD MTR CO DEL *W EXP 01/01/201 345370134 5,356 1,025,070 SH DEFINED 1,025,070 0 0 FORD MTR CO DEL *W EXP 01/01/201 345370134 19,651 3,760,876 SH DEFINED 1 3,760,876 0 0 FORD MTR CO DEL *W EXP 01/01/201 345370134 674 129,000 SH DEFINED 129,000 0 0 FORTINET INC COM 34959E109 30,385 1,113,400 PUT DEFINED 1 1,113,400 0 0 FORTINET INC COM 34959E109 1,321 48,400 PUT DEFINED 48,400 0 0 FOSSIL INC COM 349882100 812 6,900 CALL DEFINED 1 6,900 0 0 FOSSIL INC COM 349882100 94 800 CALL DEFINED 800 0 0 FOSSIL INC COM 349882100 31,784 270,000 PUT DEFINED 1 270,000 0 0 FOSSIL INC COM 349882100 7,063 60,000 PUT DEFINED 60,000 0 0 FREEPORT-MCMORAN COPPER & GO COM 35671D857 51,525 974,000 CALL DEFINED 1 974,000 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE ---------------------------- ----------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- FREEPORT-MCMORAN COPPER & GO COM 35671D857 28,566 540,000 PUT DEFINED 1 540,000 0 0 GAP INC DEL COM 364760108 742 41,000 CALL DEFINED 1 41,000 0 0 GAP INC DEL COM 364760108 742 41,000 PUT DEFINED 1 41,000 0 0 GAP INC DEL COM 364760108 728 40,200 SH DEFINED 1 40,200 0 0 GARMIN LTD SHS H2906T109 522 15,800 PUT DEFINED 15,800 0 0 GARMIN LTD SHS H2906T109 26 800 SH DEFINED 800 0 0 GENERAL DYNAMICS CORP COM 369550108 1,118 15,000 CALL DEFINED 1 15,000 0 0 GENERAL DYNAMICS CORP COM 369550108 1,923 25,800 PUT DEFINED 1 25,800 0 0 GENERAL DYNAMICS CORP COM 369550108 451 6,057 SH DEFINED 1 6,057 0 0 GENERAL ELECTRIC CO COM 369604103 12,602 668,200 CALL DEFINED 1 668,200 0 0 GENERAL ELECTRIC CO COM 369604103 10,992 582,800 PUT DEFINED 1 582,800 0 0 GENERAL MTRS CO COM 37045V100 4,554 150,000 PUT DEFINED 1 150,000 0 0 GENERAL MTRS CO COM 37045V100 4,518 148,809 SH DEFINED 1 148,809 0 0 GLOBAL X FDS SILVER MNR ETF 37950E853 807 34,100 CALL DEFINED 1 34,100 0 0 GLOBAL X FDS SILVER MNR ETF 37950E853 86 3,637 SH DEFINED 1 3,637 0 0 GLOBAL X FDS SILVER MNR ETF 37950E853 1,447 61,100 PUT DEFINED 1 61,100 0 0 GOLDCORP INC NEW COM 380956409 5,609 116,200 PUT DEFINED 1 116,200 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 19,378 145,600 CALL DEFINED 1 145,600 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 878 6,600 PUT DEFINED 1 6,600 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 324 2,432 SH DEFINED 1 2,432 0 0 GOOGLE INC CL A 38259P508 1,519 3,000 CALL DEFINED 1 3,000 0 0 GOOGLE INC CL A 38259P508 55,601 109,800 PUT DEFINED 1 109,800 0 0 GOOGLE INC CL A 38259P508 6,077 12,000 PUT DEFINED 12,000 0 0 GOOGLE INC CL A 38259P508 2,437 4,813 SH DEFINED 1 4,813 0 0 GOOGLE INC CL A 38259P508 354 700 SH DEFINED 700 0 0 GREEN MTN COFFEE ROASTERS IN COM 393122106 85,618 959,200 PUT DEFINED 1 959,200 0 0 GREEN MTN COFFEE ROASTERS IN COM 393122106 9,515 106,600 PUT DEFINED 106,600 0 0 GREEN MTN COFFEE ROASTERS IN COM 393122106 562 6,300 SH DEFINED 1 6,300 0 0 GREEN MTN COFFEE ROASTERS IN COM 393122106 62 700 SH DEFINED 700 0 0 HALLIBURTON CO COM 406216101 6,712 131,600 PUT DEFINED 131,600 0 0 HALLIBURTON CO COM 406216101 73,165 1,434,600 PUT DEFINED 1 1,434,600 0 0 HALLIBURTON CO COM 406216101 4,073 79,856 SH DEFINED 1 79,856 0 0 HALLIBURTON CO COM 406216101 217 4,250 SH DEFINED 4,250 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 7,956 301,700 PUT DEFINED 1 301,700 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 902 34,193 SH DEFINED 1 34,193 0 0 HDFC BANK LTD ADR REPS 3 SHS 40415F101 2,223 12,600 CALL DEFINED 12,600 0 0 HDFC BANK LTD ADR REPS 3 SHS 40415F101 3,104 17,600 PUT DEFINED 17,600 0 0 HEALTH CARE REIT INC DEBT 3.000%12/0 42217KAR7 11,224 10,025,000 PRN DEFINED 1 10,025,000 0 0 HEALTHSPRING INC COM 42224N101 18,310 397,100 PUT DEFINED 1 397,100 0 0 HEALTHSPRING INC COM 42224N101 2,033 44,100 PUT DEFINED 44,100 0 0 HEALTHSPRING INC COM 42224N101 108 2,338 SH DEFINED 1 2,338 0 0 HECKMANN CORP *W EXP 11/09/201 422680116 1,196 2,717,439 SH DEFINED 1 2,717,439 0 0 HECKMANN CORP *W EXP 11/09/201 422680116 44 99,566 SH DEFINED 99,566 0 0 HEICO CORP NEW CL A 422806208 16,843 423,614 SH DEFINED 1 423,614 0 0 HERTZ GLOBAL HOLDINGS INC NOTE 5.250% 6/0 42805TAA3 26,595 13,055,000 PRN DEFINED 13,055,000 0 0 HERTZ GLOBAL HOLDINGS INC NOTE 5.250% 6/0 42805TAA3 46,091 22,625,000 PRN DEFINED 1 22,625,000 0 0 HESS CORP COM 42809H107 2,990 40,000 PUT DEFINED 40,000 0 0 HESS CORP COM 42809H107 33,664 450,300 PUT DEFINED 1 450,300 0 0 HESS CORP COM 42809H107 7,504 100,372 SH DEFINED 1 100,372 0 0 HESS CORP COM 42809H107 249 3,330 SH DEFINED 3,330 0 0 HEWLETT PACKARD CO COM 428236103 8,918 245,000 CALL DEFINED 1 245,000 0 0 HEWLETT PACKARD CO COM 428236103 6,581 180,800 PUT DEFINED 1 180,800 0 0 HEWLETT PACKARD CO COM 428236103 4,513 123,997 SH DEFINED 1 123,997 0 0 HOME DEPOT INC COM 437076102 4,770 131,700 CALL DEFINED 1 131,700 0 0 HOME DEPOT INC COM 437076102 5,799 160,100 PUT DEFINED 1 160,100 0 0 HONEYWELL INTL INC COM 438516106 1,782 29,900 CALL DEFINED 1 29,900 0 0 HONEYWELL INTL INC COM 438516106 1,901 31,900 PUT DEFINED 1 31,900 0 0 HONEYWELL INTL INC COM 438516106 41 680 SH DEFINED 1 680 0 0 ICICI BK LTD ADR 45104G104 2,465 50,000 PUT DEFINED 1 50,000 0 0 ICICI BK LTD ADR 45104G104 445 9,024 SH DEFINED 1 9,024 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE ---------------------------- ----------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- ICONIX BRAND GROUP INC COM 451055107 709 29,288 SH DEFINED 1 29,288 0 0 ILLINOIS TOOL WKS INC COM 452308109 8,502 150,500 CALL DEFINED 1 150,500 0 0 ILLINOIS TOOL WKS INC COM 452308109 571 10,100 PUT DEFINED 1 10,100 0 0 INCYTE CORP NOTE 4.750%10/0 45337CAJ1 3,464 1,501,000 PRN DEFINED 1,501,000 0 0 INTEL CORP COM 458140100 4,230 190,900 CALL DEFINED 1 190,900 0 0 INTEL CORP COM 458140100 7,610 343,400 PUT DEFINED 1 343,400 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 21,289 124,100 CALL DEFINED 1 124,100 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 36,900 215,100 PUT DEFINED 1 215,100 0 0 INTUIT COM 461202103 778 15,000 CALL DEFINED 1 15,000 0 0 INTUITIVE SURGICAL INC COM 46120E602 57,119 153,500 PUT DEFINED 1 153,500 0 0 INTUITIVE SURGICAL INC COM 46120E602 3,870 10,400 PUT DEFINED 10,400 0 0 INTUITIVE SURGICAL INC COM 46120E602 1,116 3,000 SH DEFINED 1 3,000 0 0 ISHARES INC MSCI S KOREA 464286772 2,262 34,800 CALL DEFINED 1 34,800 0 0 ISHARES INC MSCI HONG KONG 464286871 9,510 513,500 SH DEFINED 1 513,500 0 0 ISHARES INC MSCI HONG KONG 464286871 1,398 75,500 SH DEFINED 75,500 0 0 ISHARES INC MSCI HONG KONG 464286871 41,670 2,250,000 PUT DEFINED 1 2,250,000 0 0 ISHARES INC MSCI HONG KONG 464286871 4,630 250,000 PUT DEFINED 250,000 0 0 ISHARES INC MSCI S KOREA 464286772 2,087 32,100 PUT DEFINED 1 32,100 0 0 ISHARES SILVER TRUST ISHARES 46428Q109 6,768 200,000 CALL DEFINED 1 200,000 0 0 ISHARES SILVER TRUST ISHARES 46428Q109 3,502 103,500 PUT DEFINED 1 103,500 0 0 ISHARES TR MSCI EMERG MKT 464287234 42,840 900,000 CALL DEFINED 1 900,000 0 0 ISHARES TR MSCI EMERG MKT 464287234 9,520 200,000 CALL DEFINED 200,000 0 0 ISHARES TR MSCI EAFE INDEX 464287465 6,014 100,000 CALL DEFINED 1 100,000 0 0 ISHARES TR FTSE CHINA25 IDX 464287184 122,408 2,850,000 CALL DEFINED 1 2,850,000 0 0 ISHARES TR FTSE CHINA25 IDX 464287184 12,885 300,000 CALL DEFINED 300,000 0 0 ISHARES TR MSCI EAFE INDEX 464287465 932 15,500 SH DEFINED 15,500 0 0 ISHARES TR FTSE CHINA25 IDX 464287184 962 22,400 SH DEFINED 1 22,400 0 0 ISHARES TR RUSSELL 2000 464287655 1,014 12,250 SH DEFINED 1 12,250 0 0 ISHARES TR S&P 100 IDX FD 464287101 41,633 708,768 SH DEFINED 1 708,768 0 0 ISHARES TR MSCI EMERG MKT 464287234 42,840 900,000 PUT DEFINED 1 900,000 0 0 ISHARES TR MSCI EMERG MKT 464287234 9,520 200,000 PUT DEFINED 200,000 0 0 ISHARES TR MSCI EAFE INDEX 464287465 51,071 849,200 PUT DEFINED 1 849,200 0 0 ISHARES TR MSCI EAFE INDEX 464287465 27,725 461,000 PUT DEFINED 461,000 0 0 ISHARES TR FTSE CHINA25 IDX 464287184 122,408 2,850,000 PUT DEFINED 1 2,850,000 0 0 ISHARES TR FTSE CHINA25 IDX 464287184 12,885 300,000 PUT DEFINED 300,000 0 0 ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 829 35,200 CALL DEFINED 35,200 0 0 ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 1,385 58,800 CALL DEFINED 1 58,800 0 0 JOHNSON & JOHNSON COM 478160104 9,226 138,700 CALL DEFINED 1 138,700 0 0 JOHNSON & JOHNSON COM 478160104 13,730 206,400 PUT DEFINED 1 206,400 0 0 JPMORGAN CHASE & CO COM 46625H100 8,163 199,400 CALL DEFINED 1 199,400 0 0 JPMORGAN CHASE & CO COM 46625H100 10,014 244,600 PUT DEFINED 1 244,600 0 0 JUNIPER NETWORKS INC COM 48203R104 27,726 880,200 PUT DEFINED 1 880,200 0 0 JUNIPER NETWORKS INC COM 48203R104 4,734 150,300 PUT DEFINED 150,300 0 0 JUNIPER NETWORKS INC COM 48203R104 12,385 393,172 SH DEFINED 1 393,172 0 0 JUNIPER NETWORKS INC COM 48203R104 1,516 48,128 SH DEFINED 48,128 0 0 KIMCO RLTY CORP COM 49446R109 1,864 100,000 CALL DEFINED 1 100,000 0 0 KOHLS CORP COM 500255104 3,151 63,000 CALL DEFINED 1 63,000 0 0 KRAFT FOODS INC CL A 50075N104 3,111 88,300 CALL DEFINED 1 88,300 0 0 KRAFT FOODS INC CL A 50075N104 6,035 171,300 PUT DEFINED 1 171,300 0 0 LAUDER ESTEE COS INC CL A 518439104 12,623 120,000 PUT DEFINED 120,000 0 0 LAUDER ESTEE COS INC CL A 518439104 631 6,000 SH DEFINED 6,000 0 0 LEAP WIRELESS INTL INC COM 521863308 3,679 226,700 CALL DEFINED 1 226,700 0 0 LEAP WIRELESS INTL INC COM 521863308 1,974 121,600 CALL DEFINED 121,600 0 0 LEAP WIRELESS INTL INC COM 521863308 584 36,000 PUT DEFINED 1 36,000 0 0 LEAP WIRELESS INTL INC COM 521863308 245 15,100 PUT DEFINED 15,100 0 0 LEVEL 3 COMMUNICATIONS INC NOTE 6.500%10/0 52729NBR0 12,369 5,830,000 PRN DEFINED 5,830,000 0 0 LOCKHEED MARTIN CORP COM 539830109 1,781 22,000 CALL DEFINED 1 22,000 0 0 LOCKHEED MARTIN CORP COM 539830109 1,093 13,500 PUT DEFINED 1 13,500 0 0 LULULEMON ATHLETICA INC COM 550021109 90,798 812,000 PUT DEFINED 1 812,000 0 0 LULULEMON ATHLETICA INC COM 550021109 13,754 123,000 PUT DEFINED 123,000 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE ---------------------------- ----------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- LULULEMON ATHLETICA INC COM 550021109 667 5,967 SH DEFINED 1 5,967 0 0 M D C HLDGS INC COM 552676108 3,787 153,700 CALL DEFINED 1 153,700 0 0 M D C HLDGS INC COM 552676108 1,023 41,500 CALL DEFINED 41,500 0 0 M D C HLDGS INC COM 552676108 4,467 181,300 PUT DEFINED 1 181,300 0 0 M D C HLDGS INC COM 552676108 1,234 50,100 PUT DEFINED 50,100 0 0 M D C HLDGS INC COM 552676108 25 1,000 SH DEFINED 1,000 0 0 MARATHON OIL CORP COM 565849106 5,268 100,000 CALL DEFINED 1 100,000 0 0 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 135,929 2,490,000 PUT DEFINED 1 2,490,000 0 0 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 27,841 510,000 PUT DEFINED 510,000 0 0 MARKET VECTORS ETF TR JR GOLD MINERS E 57060U589 17,251 500,307 SH DEFINED 1 500,307 0 0 MARKET VECTORS ETF TR JR GOLD MINERS E 57060U589 1,174 34,058 SH DEFINED 34,058 0 0 MARKET VECTORS ETF TR JR GOLD MINERS E 57060U589 20,040 581,200 PUT DEFINED 1 581,200 0 0 MARKET VECTORS ETF TR JR GOLD MINERS E 57060U589 1,510 43,800 PUT DEFINED 43,800 0 0 MARKET VECTORS ETF TR RUSSIA ETF 57060U506 4,365 113,270 SH DEFINED 1 113,270 0 0 MARKET VECTORS ETF TR RUSSIA ETF 57060U506 622 16,145 SH DEFINED 16,145 0 0 MARKET VECTORS ETF TR RUSSIA ETF 57060U506 52,029 1,350,000 PUT DEFINED 1 1,350,000 0 0 MARKET VECTORS ETF TR RUSSIA ETF 57060U506 5,781 150,000 PUT DEFINED 150,000 0 0 MASTEC INC NOTE 4.000% 6/1 576323AL3 7,592 5,269,000 PRN DEFINED 5,269,000 0 0 MASTERCARD INC CL A 57636Q104 33,630 111,600 PUT DEFINED 1 111,600 0 0 MASTERCARD INC CL A 57636Q104 2,531 8,400 PUT DEFINED 8,400 0 0 MASTERCARD INC CL A 57636Q104 904 3,000 SH DEFINED 1 3,000 0 0 MCDERMOTT INTL INC COM 580037109 594 30,000 SH DEFINED 1 30,000 0 0 MCDONALDS CORP COM 580135101 10,127 120,100 CALL DEFINED 1 120,100 0 0 MCDONALDS CORP COM 580135101 5,025 59,600 CALL DEFINED 59,600 0 0 MCDONALDS CORP COM 580135101 14,065 166,800 PUT DEFINED 1 166,800 0 0 MEAD JOHNSON NUTRITION CO COM 582839106 284 4,200 PUT DEFINED 4,200 0 0 MEDTRONIC INC COM 585055106 821 21,300 CALL DEFINED 1 21,300 0 0 MEDTRONIC INC COM 585055106 308 8,000 PUT DEFINED 1 8,000 0 0 MERCK & CO INC NEW COM 58933Y105 5,294 150,000 CALL DEFINED 1 150,000 0 0 MERCK & CO INC NEW COM 58933Y105 5,618 159,200 PUT DEFINED 1 159,200 0 0 MERCK & CO INC NEW COM 58933Y105 1,150 32,588 SH DEFINED 1 32,588 0 0 MERITOR INC COM 59001K100 3,208 200,000 CALL DEFINED 1 200,000 0 0 METLIFE INC UNIT 99/99/9999 59156R116 5,490 66,600 SH DEFINED 66,600 0 0 METLIFE INC UNIT 99/99/9999 59156R116 63,499 770,342 SH DEFINED 1 770,342 0 0 METLIFE INC COM 59156R108 1,097 25,000 PUT DEFINED 25,000 0 0 METLIFE INC COM 59156R108 7,677 175,000 PUT DEFINED 1 175,000 0 0 MGIC INVT CORP WIS COM 552848103 4,284 720,000 PUT DEFINED 1 720,000 0 0 MGIC INVT CORP WIS COM 552848103 1,166 196,000 PUT DEFINED 196,000 0 0 MGIC INVT CORP WIS COM 552848103 3,476 584,180 SH DEFINED 1 584,180 0 0 MGIC INVT CORP WIS COM 552848103 979 164,564 SH DEFINED 164,564 0 0 MICROSOFT CORP COM 594918104 44,611 1,715,800 CALL DEFINED 1 1,715,800 0 0 MICROSOFT CORP COM 594918104 8,869 341,100 PUT DEFINED 1 341,100 0 0 MICROSOFT CORP COM 594918104 5,337 205,264 SH DEFINED 1 205,264 0 0 MONSANTO CO NEW COM 61166W101 39,172 540,000 PUT DEFINED 1 540,000 0 0 MONSANTO CO NEW COM 61166W101 4,352 60,000 PUT DEFINED 60,000 0 0 MONSANTO CO NEW COM 61166W101 1,088 15,000 SH DEFINED 1 15,000 0 0 MONSANTO CO NEW COM 61166W101 145 2,000 SH DEFINED 2,000 0 0 MORGAN STANLEY COM 617446448 58,676 2,550,000 PUT DEFINED 1 2,550,000 0 0 MORGAN STANLEY COM 617446448 10,355 450,000 PUT DEFINED 450,000 0 0 MORGAN STANLEY COM 617446448 3,521 153,000 SH DEFINED 1 153,000 0 0 MORGAN STANLEY COM 617446448 621 27,000 SH DEFINED 27,000 0 0 MYLAN INC NOTE 3.750% 9/1 628530AJ6 27,576 14,000,000 PRN DEFINED 14,000,000 0 0 NATIONAL RETAIL PROPERTIES I NOTE 3.950% 9/1 637417AA4 4,809 4,500,000 PRN DEFINED 1 4,500,000 0 0 NAVISTAR INTL CORP NEW NOTE 3.000%10/1 63934EAL2 9,157 7,000,000 PRN DEFINED 7,000,000 0 0 NAVISTAR INTL CORP NEW COM 63934E108 5,646 100,000 PUT DEFINED 100,000 0 0 NETAPP INC NOTE 1.750% 6/0 64110DAB0 26,289 15,475,000 PRN DEFINED 15,475,000 0 0 NETAPP INC NOTE 1.750% 6/0 64110DAB0 45,910 27,025,000 PRN DEFINED 1 27,025,000 0 0 NETFLIX INC COM 64110L106 6,725 25,600 PUT DEFINED 25,600 0 0 NETFLIX INC COM 64110L106 49,176 187,200 PUT DEFINED 1 187,200 0 0 NETFLIX INC COM 64110L106 1,534 5,840 SH DEFINED 1 5,840 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE ---------------------------- ----------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- NETFLIX INC COM 64110L106 200 760 SH DEFINED 760 0 0 NETLOGIC MICROSYSTEMS INC COM 64118B100 17,179 425,000 PUT DEFINED 1 425,000 0 0 NETLOGIC MICROSYSTEMS INC COM 64118B100 1,908 47,200 PUT DEFINED 47,200 0 0 NETLOGIC MICROSYSTEMS INC COM 64118B100 557 13,770 SH DEFINED 1 13,770 0 0 NETLOGIC MICROSYSTEMS INC COM 64118B100 264 6,530 SH DEFINED 6,530 0 0 NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 1,140 10,200 CALL DEFINED 10,200 0 0 NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 1,117 10,000 PUT DEFINED 10,000 0 0 NEWMONT MINING CORP COM 651639106 37,962 703,400 PUT DEFINED 1 703,400 0 0 NEWMONT MINING CORP COM 651639106 15,867 293,993 SH DEFINED 1 293,993 0 0 NIKE INC CL B 654106103 4,499 50,000 PUT DEFINED 1 50,000 0 0 NORFOLK SOUTHERN CORP COM 655844108 1,409 18,800 CALL DEFINED 1 18,800 0 0 NORFOLK SOUTHERN CORP COM 655844108 2,046 27,300 PUT DEFINED 1 27,300 0 0 NORTHROP GRUMMAN CORP COM 666807102 818 11,800 CALL DEFINED 1 11,800 0 0 NORTHROP GRUMMAN CORP COM 666807102 1,255 18,100 PUT DEFINED 1 18,100 0 0 NORTHROP GRUMMAN CORP COM 666807102 247 3,564 SH DEFINED 1 3,564 0 0 OCCIDENTAL PETE CORP DEL COM 674599105 1,061 10,200 CALL DEFINED 1 10,200 0 0 OCCIDENTAL PETE CORP DEL COM 674599105 687 6,600 PUT DEFINED 1 6,600 0 0 OMNICOM GROUP INC COM 681919106 1,541 32,000 CALL DEFINED 1 32,000 0 0 OPEN TEXT CORP COM 683715106 1,332 20,800 PUT DEFINED 20,800 0 0 ORACLE CORP COM 68389X105 5,285 160,600 CALL DEFINED 1 160,600 0 0 ORACLE CORP COM 68389X105 750 22,800 PUT DEFINED 1 22,800 0 0 ORIGIN AGRITECH LIMITED SHS G67828106 20 5,100 CALL DEFINED 1 5,100 0 0 ORIGIN AGRITECH LIMITED SHS G67828106 52 13,000 PUT DEFINED 1 13,000 0 0 ORIGIN AGRITECH LIMITED SHS G67828106 44 10,961 SH DEFINED 1 10,961 0 0 PACCAR INC COM 693718108 787 15,400 CALL DEFINED 1 15,400 0 0 PACCAR INC COM 693718108 2,529 49,500 CALL DEFINED 49,500 0 0 PACCAR INC COM 693718108 771 15,100 PUT DEFINED 1 15,100 0 0 PEABODY ENERGY CORP COM 704549104 10,604 180,000 PUT DEFINED 1 180,000 0 0 PEABODY ENERGY CORP COM 704549104 1,178 20,000 PUT DEFINED 20,000 0 0 PEABODY ENERGY CORP COM 704549104 689 11,700 SH DEFINED 1 11,700 0 0 PEABODY ENERGY CORP COM 704549104 77 1,300 SH DEFINED 1,300 0 0 PEPSICO INC COM 713448108 13,184 187,200 CALL DEFINED 1 187,200 0 0 PEPSICO INC COM 713448108 613 8,700 PUT DEFINED 1 8,700 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 7,893 233,100 CALL DEFINED 1 233,100 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 2,370 70,000 CALL DEFINED 70,000 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 3,386 100,000 PUT DEFINED 1 100,000 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 1,693 50,000 PUT DEFINED 50,000 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 166 4,900 SH DEFINED 1 4,900 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 95 2,800 SH DEFINED 2,800 0 0 PFIZER INC COM 717081103 19,976 969,700 CALL DEFINED 1 969,700 0 0 PFIZER INC COM 717081103 4,005 194,400 PUT DEFINED 1 194,400 0 0 PFIZER INC COM 717081103 1,171 56,859 SH DEFINED 1 56,859 0 0 PHILIP MORRIS INTL INC COM 718172109 2,110 31,600 CALL DEFINED 1 31,600 0 0 PHILIP MORRIS INTL INC COM 718172109 1,569 23,500 PUT DEFINED 1 23,500 0 0 POLARIS INDS INC COM 731068102 30,194 271,600 PUT DEFINED 1 271,600 0 0 POLARIS INDS INC COM 731068102 3,357 30,200 PUT DEFINED 30,200 0 0 POTASH CORP SASK INC COM 73755L107 2,975 52,200 PUT DEFINED 1 52,200 0 0 POTASH CORP SASK INC COM 73755L107 530 9,300 SH DEFINED 1 9,300 0 0 POWERSHS DB MULTI SECT COMM DB AGRICULT FD 73936B408 3,177 100,100 CALL DEFINED 1 100,100 0 0 POWERSHS DB MULTI SECT COMM DB ENERGY FUND 73936B101 654 22,000 CALL DEFINED 22,000 0 0 PRICELINE COM INC COM 741503403 59,896 117,000 PUT DEFINED 1 117,000 0 0 PRICELINE COM INC COM 741503403 6,655 13,000 PUT DEFINED 13,000 0 0 PRICELINE COM INC COM 741503403 793 1,550 SH DEFINED 1 1,550 0 0 PRICELINE COM INC COM 741503403 128 250 SH DEFINED 250 0 0 PROCTER & GAMBLE CO COM 742718109 8,359 131,500 CALL DEFINED 1 131,500 0 0 PROCTER & GAMBLE CO COM 742718109 7,578 119,200 PUT DEFINED 1 119,200 0 0 PROSHARES TR PSHS ULTSH 20YRS 74347R297 405 11,727 SH DEFINED 1 11,727 0 0 QUALCOMM INC COM 747525103 670 11,800 CALL DEFINED 1 11,800 0 0 QUALCOMM INC COM 747525103 1,425 25,100 PUT DEFINED 1 25,100 0 0 RACKSPACE HOSTING INC COM 750086100 34,641 810,500 PUT DEFINED 1 810,500 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE ---------------------------- ----------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- RACKSPACE HOSTING INC COM 750086100 3,851 90,100 PUT DEFINED 90,100 0 0 RAYTHEON CO COM 755111507 852 17,100 CALL DEFINED 1 17,100 0 0 RAYTHEON CO COM 755111507 852 17,100 PUT DEFINED 1 17,100 0 0 RESOLUTE ENERGY CORP COM 76116A108 9,696 600,000 PUT DEFINED 1 600,000 0 0 RESOLUTE ENERGY CORP *W EXP 09/25/201 76116A116 5,444 1,495,585 SH DEFINED 1 1,495,585 0 0 RIVERBED TECHNOLOGY INC COM 768573107 21,379 540,000 PUT DEFINED 1 540,000 0 0 RIVERBED TECHNOLOGY INC COM 768573107 4,751 120,000 PUT DEFINED 120,000 0 0 RIVERBED TECHNOLOGY INC COM 768573107 285 7,200 SH DEFINED 1 7,200 0 0 RIVERBED TECHNOLOGY INC COM 768573107 111 2,800 SH DEFINED 2,800 0 0 ROCKWOOD HLDGS INC COM 774415103 10,643 192,500 CALL DEFINED 1 192,500 0 0 ROVI CORP NOTE 2.625% 2/1 779376AB8 13,602 10,000,000 PRN DEFINED 10,000,000 0 0 ROVI CORP NOTE 2.625% 2/1 779376AB8 20,402 15,000,000 PRN DEFINED 1 15,000,000 0 0 RYLAND GROUP INC COM 783764103 2,480 150,000 PUT DEFINED 1 150,000 0 0 SAKS INC COM 79377W108 3,574 320,000 PUT DEFINED 1 320,000 0 0 SAKS INC COM 79377W108 1,151 103,000 SH DEFINED 1 103,000 0 0 SALESFORCE COM INC NOTE 0.750% 1/1 79466LAB0 22,677 12,500,000 PRN DEFINED 12,500,000 0 0 SALESFORCE COM INC COM 79466L302 8,939 60,000 PUT DEFINED 60,000 0 0 SALESFORCE COM INC COM 79466L302 149 1,000 SH DEFINED 1,000 0 0 SAVIENT PHARMACEUTICALS INC NOTE 4.750% 2/0 80517QAA8 5,415 5,400,000 PRN DEFINED 1 5,400,000 0 0 SCHLUMBERGER LTD COM 806857108 1,356 15,700 CALL DEFINED 1 15,700 0 0 SCHLUMBERGER LTD COM 806857108 5,858 67,800 CALL DEFINED 67,800 0 0 SCHLUMBERGER LTD COM 806857108 916 10,600 PUT DEFINED 1 10,600 0 0 SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 1,933 49,100 CALL DEFINED 1 49,100 0 0 SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 1,484 37,700 PUT DEFINED 1 37,700 0 0 SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 16,758 222,400 CALL DEFINED 1 222,400 0 0 SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 36,138 479,600 PUT DEFINED 1 479,600 0 0 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 4,828 314,500 CALL DEFINED 1 314,500 0 0 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 6,848 446,100 PUT DEFINED 1 446,100 0 0 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 3,236 86,900 CALL DEFINED 1 86,900 0 0 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 1,702 45,700 PUT DEFINED 1 45,700 0 0 SELECT SECTOR SPDR TR SBI INT-TECH 81369Y803 6,523 253,800 CALL DEFINED 1 253,800 0 0 SELECT SECTOR SPDR TR SBI INT-TECH 81369Y803 12,796 497,900 PUT DEFINED 1 497,900 0 0 SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 3,763 120,500 CALL DEFINED 1 120,500 0 0 SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 7,273 232,900 PUT DEFINED 1 232,900 0 0 SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 2,019 60,300 CALL DEFINED 1 60,300 0 0 SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 2,019 60,300 PUT DEFINED 1 60,300 0 0 SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 6,729 189,400 CALL DEFINED 1 189,400 0 0 SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 6,729 189,400 PUT DEFINED 1 189,400 0 0 SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 6,136 152,600 CALL DEFINED 1 152,600 0 0 SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 3,848 95,700 PUT DEFINED 1 95,700 0 0 SILVER WHEATON CORP COM 828336107 22,275 675,000 PUT DEFINED 1 675,000 0 0 SILVER WHEATON CORP COM 828336107 2,475 75,000 PUT DEFINED 75,000 0 0 SILVER WHEATON CORP COM 828336107 4,646 140,800 SH DEFINED 1 140,800 0 0 SILVER WHEATON CORP COM 828336107 535 16,200 SH DEFINED 16,200 0 0 SKYWORKS SOLUTIONS INC COM 83088M102 919 40,000 CALL DEFINED 1 40,000 0 0 SKYWORKS SOLUTIONS INC COM 83088M102 230 10,000 CALL DEFINED 10,000 0 0 SKYWORKS SOLUTIONS INC COM 83088M102 24,818 1,080,000 PUT DEFINED 1 1,080,000 0 0 SKYWORKS SOLUTIONS INC COM 83088M102 5,515 240,000 PUT DEFINED 240,000 0 0 SKYWORKS SOLUTIONS INC COM 83088M102 1,195 51,980 SH DEFINED 1 51,980 0 0 SKYWORKS SOLUTIONS INC COM 83088M102 253 11,026 SH DEFINED 11,026 0 0 SMITHFIELD FOODS INC NOTE 4.000% 6/3 832248AR9 17,648 15,000,000 PRN DEFINED 1 15,000,000 0 0 SOUTHERN COPPER CORP COM 84265V105 8,648 263,100 CALL DEFINED 1 263,100 0 0 SOUTHERN COPPER CORP COM 84265V105 362 11,000 PUT DEFINED 1 11,000 0 0 SOUTHERN COPPER CORP COM 84265V105 167 5,071 SH DEFINED 1 5,071 0 0 SOUTHWESTERN ENERGY CO COM 845467109 4,288 100,000 CALL DEFINED 1 100,000 0 0 SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 53,041 428,338 SH DEFINED 1 428,338 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 28,954 219,402 SH DEFINED 1 219,402 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 330 2,500 SH DEFINED 2,500 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 250,743 1,900,000 PUT DEFINED 1 1,900,000 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 13,197 100,000 PUT DEFINED 100,000 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE ---------------------------- ----------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- SPDR SERIES TRUST S&P HOMEBUILD 78464A888 25,736 1,425,000 CALL DEFINED 1 1,425,000 0 0 SPDR SERIES TRUST S&P HOMEBUILD 78464A888 2,709 150,000 CALL DEFINED 150,000 0 0 SPDR SERIES TRUST S&P RETAIL ETF 78464A714 2,669 50,000 CALL DEFINED 1 50,000 0 0 SPDR SERIES TRUST S&P HOMEBUILD 78464A888 1,287 71,250 SH DEFINED 1 71,250 0 0 SPDR SERIES TRUST S&P RETAIL ETF 78464A714 1,692 31,700 SH DEFINED 1 31,700 0 0 SPDR SERIES TRUST S&P HOMEBUILD 78464A888 25,736 1,425,000 PUT DEFINED 1 1,425,000 0 0 SPDR SERIES TRUST S&P HOMEBUILD 78464A888 2,709 150,000 PUT DEFINED 150,000 0 0 SPDR SERIES TRUST S&P RETAIL ETF 78464A714 8,007 150,000 PUT DEFINED 1 150,000 0 0 SPRINT NEXTEL CORP COM SER 1 852061100 5,929 1,100,000 CALL DEFINED 1 1,100,000 0 0 SPRINT NEXTEL CORP COM SER 1 852061100 1,617 300,000 PUT DEFINED 1 300,000 0 0 ST MARY LD & EXPL CO NOTE 3.500% 4/0 792228AD0 12,867 9,118,000 PRN DEFINED 9,118,000 0 0 ST MARY LD & EXPL CO NOTE 3.500% 4/0 792228AD0 9,006 6,382,000 PRN DEFINED 1 6,382,000 0 0 STAPLES INC COM 855030102 3,160 200,000 CALL DEFINED 1 200,000 0 0 STARBUCKS CORP COM 855244109 70,999 1,797,900 PUT DEFINED 1 1,797,900 0 0 STARBUCKS CORP COM 855244109 7,890 199,800 PUT DEFINED 199,800 0 0 STARBUCKS CORP COM 855244109 3,355 84,960 SH DEFINED 1 84,960 0 0 STARBUCKS CORP COM 855244109 373 9,440 SH DEFINED 9,440 0 0 STEEL DYNAMICS INC COM 858119100 1,048 64,500 CALL DEFINED 1 64,500 0 0 STEEL DYNAMICS INC COM 858119100 117 7,200 CALL DEFINED 7,200 0 0 STEEL DYNAMICS INC COM 858119100 10,405 640,300 PUT DEFINED 1 640,300 0 0 STEEL DYNAMICS INC COM 858119100 1,155 71,100 PUT DEFINED 71,100 0 0 STERICYCLE INC COM 858912108 45,674 512,500 PUT DEFINED 1 512,500 0 0 STERICYCLE INC COM 858912108 5,071 56,900 PUT DEFINED 56,900 0 0 SUNCOR ENERGY INC NEW COM 867224107 1,486 38,000 CALL DEFINED 1 38,000 0 0 SUNCOR ENERGY INC NEW COM 867224107 884 22,600 SH DEFINED 1 22,600 0 0 SUPERVALU INC COM 868536103 1,117 118,700 CALL DEFINED 1 118,700 0 0 SUPERVALU INC COM 868536103 5,834 620,000 PUT DEFINED 1 620,000 0 0 SUPERVALU INC COM 868536103 1,469 156,105 SH DEFINED 1 156,105 0 0 TAKE-TWO INTERACTIVE SOFTWAR NOTE 4.375% 6/0 874054AA7 13,436 8,500,000 PRN DEFINED 8,500,000 0 0 TALBOTS INC *W EXP 04/09/201 874161110 81 676,116 SH DEFINED 1 676,116 0 0 TALBOTS INC *W EXP 04/09/201 874161110 7 56,522 SH DEFINED 56,522 0 0 TECK RESOURCES LTD CL B 878742204 2,537 50,000 CALL DEFINED 50,000 0 0 TECK RESOURCES LTD CL B 878742204 2,537 50,000 PUT DEFINED 50,000 0 0 TEMPUR PEDIC INTL INC COM 88023U101 671 9,900 CALL DEFINED 1 9,900 0 0 TEMPUR PEDIC INTL INC COM 88023U101 75 1,100 CALL DEFINED 1,100 0 0 TEMPUR PEDIC INTL INC COM 88023U101 4,985 73,500 PUT DEFINED 1 73,500 0 0 TEMPUR PEDIC INTL INC COM 88023U101 556 8,200 PUT DEFINED 8,200 0 0 TEMPUR PEDIC INTL INC COM 88023U101 953 14,047 SH DEFINED 1 14,047 0 0 TEMPUR PEDIC INTL INC COM 88023U101 111 1,639 SH DEFINED 1,639 0 0 TERADYNE INC COM 880770102 2,960 200,000 PUT DEFINED 1 200,000 0 0 TEXTRON INC NOTE 4.500% 5/0 883203BN0 31,685 17,000,000 PRN DEFINED 17,000,000 0 0 TEXTRON INC NOTE 4.500% 5/0 883203BN0 36,527 19,598,000 PRN DEFINED 1 19,598,000 0 0 TIFFANY & CO NEW COM 886547108 34,627 441,000 PUT DEFINED 1 441,000 0 0 TIFFANY & CO NEW COM 886547108 3,847 49,000 PUT DEFINED 49,000 0 0 TIFFANY & CO NEW COM 886547108 919 11,700 SH DEFINED 1 11,700 0 0 TIFFANY & CO NEW COM 886547108 102 1,300 SH DEFINED 1,300 0 0 TRAVELERS COMPANIES INC COM 89417E109 5,704 97,700 CALL DEFINED 1 97,700 0 0 TRAVELERS COMPANIES INC COM 89417E109 8,477 145,200 PUT DEFINED 1 145,200 0 0 TRINA SOLAR LIMITED SPON ADR 89628E104 897 40,000 SH DEFINED 1 40,000 0 0 TRINA SOLAR LIMITED NOTE 4.000% 7/1 89628EAA2 18,837 12,941,000 PRN DEFINED 1 12,941,000 0 0 TRIUMPH GROUP INC NEW NOTE 2.625%10/0 896818AB7 13,714 7,500,000 PRN DEFINED 7,500,000 0 0 UNDER ARMOUR INC CL A 904311107 20,209 261,400 PUT DEFINED 1 261,400 0 0 UNDER ARMOUR INC CL A 904311107 2,242 29,000 PUT DEFINED 29,000 0 0 UNION PAC CORP COM 907818108 814 7,800 CALL DEFINED 1 7,800 0 0 UNION PAC CORP COM 907818108 3,111 29,800 PUT DEFINED 1 29,800 0 0 UNION PAC CORP COM 907818108 115 1,099 SH DEFINED 1 1,099 0 0 UNISYS CORP PFD SER A 6.25% 909214405 13 172 SH DEFINED 1 172 0 0 UNISYS CORP COM 909214306 6,104 237,500 PUT DEFINED 1 237,500 0 0 UNISYS CORP COM 909214306 734 28,550 SH DEFINED 1 28,550 0 0 UNITED PARCEL SERVICE INC CL B 911312106 5,623 77,100 CALL DEFINED 1 77,100 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE ---------------------------- ----------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- UNITED PARCEL SERVICE INC CL B 911312106 4,733 64,900 PUT DEFINED 1 64,900 0 0 UNITED RENTALS INC NOTE 4.000%11/1 911363AL3 29,984 12,500,000 PRN DEFINED 12,500,000 0 0 UNITED STATES NATL GAS FUND UNIT 912318110 26,235 2,380,700 CALL DEFINED 1 2,380,700 0 0 UNITED STATES NATL GAS FUND UNIT 912318110 9,653 875,993 SH DEFINED 1 875,993 0 0 UNITED STATES NATL GAS FUND UNIT 912318110 159 14,400 SH DEFINED 14,400 0 0 UNITED STATES NATL GAS FUND UNIT 912318110 771 70,000 PUT DEFINED 70,000 0 0 UNITED STATES NATL GAS FUND UNIT 912318110 35,372 3,209,800 PUT DEFINED 1 3,209,800 0 0 UNITED STATES OIL FUND LP UNITS 91232N108 60,649 1,628,600 CALL DEFINED 1 1,628,600 0 0 UNITED STATES OIL FUND LP UNITS 91232N108 16,475 442,400 CALL DEFINED 442,400 0 0 UNITED STATES OIL FUND LP UNITS 91232N108 559 15,000 SH DEFINED 1 15,000 0 0 UNITED STATES OIL FUND LP UNITS 91232N108 477 12,800 SH DEFINED 12,800 0 0 UNITED STATES STL CORP NEW COM 912909108 15,539 337,500 CALL DEFINED 1 337,500 0 0 UNITED STATES STL CORP NEW NOTE 4.000% 5/1 912909AE8 19,902 12,500,000 PRN DEFINED 12,500,000 0 0 UNITED STATES STL CORP NEW NOTE 4.000% 5/1 912909AE8 35,028 22,000,000 PRN DEFINED 1 22,000,000 0 0 UNITED STATES STL CORP NEW COM 912909108 11,510 250,000 PUT DEFINED 1 250,000 0 0 UNITED STATES STL CORP NEW COM 912909108 1,524 33,100 SH DEFINED 1 33,100 0 0 UNITED TECHNOLOGIES CORP COM 913017109 22,313 252,100 CALL DEFINED 1 252,100 0 0 UNITED TECHNOLOGIES CORP COM 913017109 14,958 169,000 PUT DEFINED 1 169,000 0 0 UNITED THERAPEUTICS CORP DEL NOTE 0.500%10/1 91307CAD4 10,270 7,000,000 PRN DEFINED 7,000,000 0 0 URBAN OUTFITTERS INC COM 917047102 5,630 200,000 CALL DEFINED 1 200,000 0 0 URBAN OUTFITTERS INC COM 917047102 1,869 66,400 PUT DEFINED 66,400 0 0 URBAN OUTFITTERS INC COM 917047102 338 12,000 SH DEFINED 12,000 0 0 US BANCORP DEL COM 902973304 520 20,400 CALL DEFINED 1 20,400 0 0 US BANCORP DEL COM 902973304 495 19,400 PUT DEFINED 1 19,400 0 0 VALE CAP II VALEP 6.75%12 91912F300 10,395 112,500 SH DEFINED 112,500 0 0 VALE S A ADR 91912E105 604 18,900 SH DEFINED 1 18,900 0 0 VALE S A ADR 91912E105 1,978 61,900 PUT DEFINED 1 61,900 0 0 VALSPAR CORP COM 920355104 1,082 30,000 CALL DEFINED 30,000 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 3,879 104,200 CALL DEFINED 1 104,200 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 6,888 185,000 PUT DEFINED 1 185,000 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 5,889 158,187 SH DEFINED 1 158,187 0 0 VIRGIN MEDIA INC NOTE 6.500%11/1 92769LAB7 25,039 14,000,000 PRN DEFINED 14,000,000 0 0 VIRGIN MEDIA INC NOTE 6.500%11/1 92769LAB7 37,558 21,000,000 PRN DEFINED 1 21,000,000 0 0 VIRGIN MEDIA INC COM 92769L101 5,387 180,000 PUT DEFINED 180,000 0 0 VIRGIN MEDIA INC COM 92769L101 43,345 1,448,200 PUT DEFINED 1 1,448,200 0 0 VISTAPRINT N V SHS N93540107 1,081 22,600 PUT DEFINED 22,600 0 0 VISTEON CORP COM 92839U206 1,539 22,500 CALL DEFINED 1 22,500 0 0 VULCAN MATLS CO COM 929160109 37,713 978,800 PUT DEFINED 1 978,800 0 0 VULCAN MATLS CO COM 929160109 4,192 108,800 PUT DEFINED 108,800 0 0 WAL MART STORES INC COM 931142103 7,843 147,600 CALL DEFINED 1 147,600 0 0 WAL MART STORES INC COM 931142103 13,609 256,100 PUT DEFINED 1 256,100 0 0 WEIGHT WATCHERS INTL INC NEW COM 948626106 332 4,400 PUT DEFINED 4,400 0 0 WELLS FARGO & CO NEW COM 949746101 2,161 77,000 CALL DEFINED 1 77,000 0 0 WELLS FARGO & CO NEW COM 949746101 3,336 118,900 PUT DEFINED 1 118,900 0 0 WELLS FARGO & CO NEW COM 949746101 682 24,319 SH DEFINED 1 24,319 0 0 WESCO INTL INC DBCV 6.000% 9/1 95082PAH8 10,433 5,000,000 PRN DEFINED 5,000,000 0 0 XILINX INC COM 983919101 45,551 1,249,000 PUT DEFINED 1 1,249,000 0 0 XILINX INC COM 983919101 5,062 138,800 PUT DEFINED 138,800 0 0 XILINX INC COM 983919101 755 20,700 SH DEFINED 1 20,700 0 0 XILINX INC COM 983919101 84 2,300 SH DEFINED 2,300 0 0 YAMANA GOLD INC COM 98462Y100 3,679 316,300 CALL DEFINED 1 316,300 0 0 ZIONS BANCORPORATION COM 989701107 4,543 189,200 PUT DEFINED 1 189,200 0 0 ZIONS BANCORPORATION *W EXP 05/22/202 989701115 8,963 1,289,656 SH DEFINED 1 1,289,656 0 0