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
ALCOA INC COM 013817101 8,524 1,090,000 SH Put DFND 1 1,090,000 0 0
ALCOA INC COM 013817101 4,526 578,714 SH   DFND 1 578,714 0 0
ALCOA INC NOTE 5.250% 3/1 013817AT8 17,271 13,609,000 PRN   DFND 1 13,609,000 0 0
ALCOA INC NOTE 5.250% 3/1 013817AT8 496 391,000 PRN   DFND   391,000 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 21,358 477,800 SH   DFND   477,800 0 0
ANGLOGOLD ASHANTI HLDGS FIN MAND BD CV 13 03512Q206 4,133 241,733 SH   DFND 1 241,733 0 0
ANGLOGOLD ASHANTI HLDGS FIN MAND BD CV 13 03512Q206 188 10,983 SH   DFND   10,983 0 0
ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 4,486 313,700 SH Call DFND 1 313,700 0 0
ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 237 16,600 SH Call DFND   16,600 0 0
ANNALY CAP MGMT INC COM 035710409 507 40,300 SH Call DFND 1 40,300 0 0
APACHE CORP COM 037411105 7,126 85,000 SH Call DFND   85,000 0 0
APACHE CORP PFD CONV SER D 037411808 6,642 139,132 SH   DFND   139,132 0 0
APPLE INC COM 037833100 7,138 18,000 SH Call DFND 1 18,000 0 0
APPLE INC COM 037833100 793 2,000 SH Call DFND   2,000 0 0
APPLE INC COM 037833100 7,138 18,000 SH Put DFND 1 18,000 0 0
APPLE INC COM 037833100 793 2,000 SH Put DFND   2,000 0 0
APPLE INC COM 037833100 2,395 6,039 SH   DFND 1 6,039 0 0
APPLE INC COM 037833100 20 50 SH   DFND   50 0 0
ARCELORMITTAL SA LUXEMBOURG MAND CV NT 16 L0302D178 108,064 5,757,266 SH   DFND 1 5,757,266 0 0
ARCELORMITTAL SA LUXEMBOURG MAND CV NT 16 L0302D178 7,954 423,757 SH   DFND   423,757 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L104 1,290 115,200 SH Call DFND 1 115,200 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L104 143 12,800 SH Call DFND   12,800 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 16,863 497,300 SH Put DFND 1 497,300 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 2,021 59,591 SH   DFND 1 59,591 0 0
B2GOLD CORP COM 11777Q209 305 136,300 SH   DFND 1 136,300 0 0
BANK OF AMERICA CORPORATION COM 060505104 51,918 4,037,200 SH Call DFND 1 4,037,200 0 0
BANK OF AMERICA CORPORATION COM 060505104 1,286 100,000 SH Call DFND   100,000 0 0
BANK OF AMERICA CORPORATION COM 060505104 62,933 4,893,700 SH Put DFND 1 4,893,700 0 0
BARCLAYS BK PLC IPATH S&P500 VIX 06740C188 27,086 1,307,849 SH   DFND 1 1,307,849 0 0
BARCLAYS BK PLC IPATH S&P500 VIX 06740C188 22,836 1,102,674 SH   DFND   1,102,674 0 0
BARRICK GOLD CORP COM 067901108 25,000 1,588,300 SH Call DFND 1 1,588,300 0 0
BARRICK GOLD CORP COM 067901108 1,102 70,000 SH Put DFND 1 70,000 0 0
BARRICK GOLD CORP COM 067901108 327 20,797 SH   DFND 1 20,797 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 20,280 181,200 SH Call DFND 1 181,200 0 0
BERRY PLASTICS GROUP INC COM 08579W103 7,378 334,283 SH   DFND   334,283 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 4,567 79,200 SH Call DFND 1 79,200 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 6,008 104,200 SH Put DFND 1 104,200 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 5,189 90,000 SH   DFND 1 90,000 0 0
BIOSCRIP INC COM 09069N108 5,989 362,977 SH   DFND   362,977 0 0
BRIGHT HORIZONS FAM SOL IN D COM 109194100 7,671 221,000 SH   DFND   221,000 0 0
CABELAS INC COM 126804301 3,238 50,000 SH Call DFND 1 50,000 0 0
CABELAS INC COM 126804301 3,238 50,000 SH Put DFND 1 50,000 0 0
CAPITAL ONE FINL CORP COM 14040H105 12,562 200,000 SH Put DFND 1 200,000 0 0
CAPITAL ONE FINL CORP COM 14040H105 3,375 53,730 SH   DFND 1 53,730 0 0
CAREFUSION CORP COM 14170T101 10,454 283,695 SH   DFND   283,695 0 0
CATERPILLAR INC DEL COM 149123101 18,461 223,800 SH Put DFND 1 223,800 0 0
CATERPILLAR INC DEL COM 149123101 5,974 72,415 SH   DFND 1 72,415 0 0
CBS CORP NEW CL B 124857202 4,535 92,800 SH Put DFND 1 92,800 0 0
CBS CORP NEW CL B 124857202 885 18,100 SH   DFND 1 18,100 0 0
CHEVRON CORP NEW COM 166764100 2,000 16,900 SH Call DFND   16,900 0 0
CLIFFS NAT RES INC COM 18683K101 2,007 123,500 SH Put DFND 1 123,500 0 0
CLIFFS NAT RES INC COM 18683K101 106 6,500 SH Put DFND   6,500 0 0
CLIFFS NAT RES INC COM 18683K101 2,006 123,472 SH   DFND 1 123,472 0 0
CLIFFS NAT RES INC COM 18683K101 105 6,491 SH   DFND   6,491 0 0
COACH INC COM 189754104 15,620 273,600 SH Put DFND 1 273,600 0 0
COACH INC COM 189754104 3,825 67,000 SH   DFND 1 67,000 0 0
COMPANHIA SIDERURGICA NACION SPONSORED ADR 20440W105 762 275,000 SH Put DFND 1 275,000 0 0
COMPANHIA SIDERURGICA NACION SPONSORED ADR 20440W105 706 255,000 SH   DFND 1 255,000 0 0
CONSTELLATION BRANDS INC CL A 21036P108 14,894 285,755 SH   DFND   285,755 0 0
CORNING INC COM 219350105 11,121 781,500 SH Put DFND 1 781,500 0 0
CORNING INC COM 219350105 4,963 348,795 SH   DFND 1 348,795 0 0
CREE INC COM 225447101 9,575 150,000 SH Call DFND 1 150,000 0 0
CREE INC COM 225447101 3,192 50,000 SH Put DFND 1 50,000 0 0
CREE INC COM 225447101 7,723 121,000 SH   DFND 1 121,000 0 0
D R HORTON INC COM 23331A109 3,426 161,000 SH Put DFND   161,000 0 0
D R HORTON INC COM 23331A109 736 34,600 SH   DFND   34,600 0 0
DEERE & CO COM 244199105 8,125 100,000 SH Call DFND 1 100,000 0 0
DEERE & CO COM 244199105 18,988 233,700 SH Put DFND 1 233,700 0 0
DEERE & CO COM 244199105 1,524 18,757 SH   DFND 1 18,757 0 0
DIGITALGLOBE INC COM NEW 25389M877 18,864 608,336 SH   DFND   608,336 0 0
DIREXION SHS ETF TR DLY GLMNRBU3XNEW 25459Y496 1,310 223,600 SH Put DFND 1 223,600 0 0
DIREXION SHS ETF TR DLY GLMNRBU3XNEW 25459Y496 969 165,400 SH Put DFND   165,400 0 0
DIREXION SHS ETF TR DLY TECH BULL 3X 25459W102 125 2,200 SH   DFND 1 2,200 0 0
DIREXION SHS ETF TR GLD MNRS BEAR 3X 25459W235 6,108 50,000 SH Put DFND 1 50,000 0 0
DOMINION DIAMOND CORP COM 257287102 9,310 658,880 SH   DFND   658,880 0 0
DOMINION RES INC VA NEW UNIT 07/01/2016 25746U885 8,459 169,005 SH   DFND 1 169,005 0 0
DOMINION RES INC VA NEW UNIT 07/01/2016 25746U885 445 8,895 SH   DFND   8,895 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 18,884 359,700 SH Put DFND 1 359,700 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 1,943 37,000 SH   DFND 1 37,000 0 0
E M C CORP MASS NOTE 1.750%12/0 268648AM4 44,357 30,000,000 PRN   DFND 1 30,000,000 0 0
EASTMAN CHEM CO COM 277432100 10,448 149,237 SH   DFND   149,237 0 0
EMERSON ELEC CO COM 291011104 16,144 296,000 SH Put DFND 1 296,000 0 0
EMERSON ELEC CO COM 291011104 4,789 87,813 SH   DFND 1 87,813 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 6,090 101,800 SH Call DFND   101,800 0 0
ENPRO INDS INC COM 29355X107 10,745 211,681 SH   DFND   211,681 0 0
EXELIXIS INC NOTE 4.250% 8/1 30161QAC8 3,868 4,000,000 PRN   DFND 1 4,000,000 0 0
EXPEDITORS INTL WASH INC COM 302130109 5,367 141,100 SH Call DFND 1 141,100 0 0
EXPEDITORS INTL WASH INC COM 302130109 1,636 43,000 SH   DFND 1 43,000 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 13,756 222,800 SH   DFND   222,800 0 0
FEDEX CORP COM 31428X106 14,787 150,000 SH Put DFND 1 150,000 0 0
FEDEX CORP COM 31428X106 4,338 44,000 SH   DFND 1 44,000 0 0
FIRST TR ISE REVERE NAT GAS COM 33734J102 3,199 198,930 SH   DFND 1 198,930 0 0
FIRST TR ISE REVERE NAT GAS COM 33734J102 2,243 139,492 SH   DFND   139,492 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 15,470 1,000,000 SH Put DFND 1 1,000,000 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 2,000 129,299 SH   DFND 1 129,299 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 1,519 55,000 SH Call DFND 1 55,000 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 845 30,600 SH Call DFND   30,600 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 11,044 400,000 SH Put DFND 1 400,000 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 2,761 100,000 SH Put DFND   100,000 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 528 19,127 SH   DFND 1 19,127 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 94 3,400 SH   DFND   3,400 0 0
GENCORP INC COM 368682100 13,636 838,637 SH   DFND   838,637 0 0
GENCORP INC SDCV 4.062%12/3 368682AN0 7,864 4,250,000 PRN   DFND 1 4,250,000 0 0
GENCORP INC SDCV 4.062%12/3 368682AN0 463 250,000 PRN   DFND   250,000 0 0
GENERAL ELECTRIC CO COM 369604103 5,387 232,300 SH Put DFND 1 232,300 0 0
GENERAL ELECTRIC CO COM 369604103 1,018 43,900 SH   DFND 1 43,900 0 0
GENERAL MLS INC COM 370334104 2,703 55,700 SH Call DFND 1 55,700 0 0
GENERAL MLS INC COM 370334104 97 2,000 SH   DFND 1 2,000 0 0
GENERAL MTRS CO JR PFD CNV SRB 37045V209 2,225 46,200 SH   DFND   46,200 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 27,210 179,900 SH Put DFND 1 179,900 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 4,538 30,000 SH Put DFND   30,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 5,369 35,500 SH   DFND 1 35,500 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 1,376 9,100 SH   DFND   9,100 0 0
GULFPORT ENERGY CORP COM NEW 402635304 1,884 40,000 SH Call DFND 1 40,000 0 0
GULFPORT ENERGY CORP COM NEW 402635304 471 10,000 SH Call DFND   10,000 0 0
HALLIBURTON CO COM 406216101 1,994 47,800 SH Call DFND 1 47,800 0 0
HALLIBURTON CO COM 406216101 16,730 401,000 SH Put DFND 1 401,000 0 0
HALLIBURTON CO COM 406216101 3,857 92,458 SH   DFND 1 92,458 0 0
HARLEY DAVIDSON INC COM 412822108 16,446 300,000 SH Put DFND 1 300,000 0 0
HARLEY DAVIDSON INC COM 412822108 3,004 54,800 SH   DFND 1 54,800 0 0
HDFC BANK LTD ADR REPS 3 SHS 40415F101 1,903 52,500 SH Put DFND 1 52,500 0 0
HDFC BANK LTD ADR REPS 3 SHS 40415F101 815 22,500 SH Put DFND   22,500 0 0
HDFC BANK LTD ADR REPS 3 SHS 40415F101 711 19,625 SH   DFND 1 19,625 0 0
HDFC BANK LTD ADR REPS 3 SHS 40415F101 327 9,025 SH   DFND   9,025 0 0
HEALTH CARE REIT INC NOTE 3.000%12/0 42217KAR7 11,863 9,000,000 PRN   DFND 1 9,000,000 0 0
HESS CORP COM 42809H107 3,325 50,000 SH Call DFND 1 50,000 0 0
HESS CORP COM 42809H107 2,726 41,000 SH   DFND 1 41,000 0 0
HEWLETT PACKARD CO COM 428236103 1,525 61,500 SH Put DFND 1 61,500 0 0
HEWLETT PACKARD CO COM 428236103 1,525 61,500 SH   DFND 1 61,500 0 0
ICICI BK LTD ADR 45104G104 3,060 80,000 SH Put DFND 1 80,000 0 0
ICICI BK LTD ADR 45104G104 1,584 41,400 SH Put DFND   41,400 0 0
ICICI BK LTD ADR 45104G104 987 25,800 SH   DFND 1 25,800 0 0
ICICI BK LTD ADR 45104G104 500 13,081 SH   DFND   13,081 0 0
INTEROIL CORP COM 460951106 695 10,000 SH Call DFND 1 10,000 0 0
INTEROIL CORP COM 460951106 348 5,000 SH Call DFND   5,000 0 0
ISHARES INC MSCI BRAZIL CAPP 464286400 27,851 635,000 SH Call DFND 1 635,000 0 0
ISHARES INC MSCI BRAZIL CAPP 464286400 31,799 725,000 SH Put DFND 1 725,000 0 0
ISHARES INC MSCI BRAZIL CAPP 464286400 877 20,000 SH   DFND 1 20,000 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 47,412 2,499,300 SH Call DFND 1 2,499,300 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 6,099 321,500 SH Call DFND   321,500 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 33,184 1,749,300 SH Put DFND 1 1,749,300 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 6,099 321,500 SH Put DFND   321,500 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 3,159 166,500 SH   DFND 1 166,500 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 1,726 91,000 SH   DFND   91,000 0 0
ISHARES TR MSCI EMERG MKT 464287234 17,964 466,600 SH Call DFND 1 466,600 0 0
ISHARES TR MSCI EMERG MKT 464287234 9,048 235,000 SH Call DFND   235,000 0 0
ISHARES TR MSCI EMERG MKT 464287234 22,199 576,600 SH Put DFND 1 576,600 0 0
ISHARES TR MSCI EMERG MKT 464287234 6,160 160,000 SH Put DFND   160,000 0 0
ISHARES TR MSCI EMERG MKT 464287234 696 18,078 SH   DFND 1 18,078 0 0
ISHARES TR PHLX SOX SEMICND 464287523 622 9,800 SH   DFND 1 9,800 0 0
ISHARES TR PHLX SOX SEMICND 464287523 382 6,010 SH   DFND   6,010 0 0
ISHARES TR RUSSELL 2000 464287655 17,974 185,300 SH Call DFND 1 185,300 0 0
ISHARES TR RUSSELL 2000 464287655 86,505 891,800 SH Put DFND 1 891,800 0 0
ISHARES TR RUSSELL 2000 464287655 3,638 37,500 SH Put DFND   37,500 0 0
ISHARES TR RUSSELL 2000 464287655 17,678 182,244 SH   DFND 1 182,244 0 0
ISHARES TR RUSSELL 2000 464287655 1,176 12,125 SH   DFND   12,125 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 22,263 1,723,150 SH Put DFND 1 1,723,150 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 13,292 1,028,777 SH   DFND 1 1,028,777 0 0
JOHNSON CTLS INC COM 478366107 17,179 480,000 SH Put DFND 1 480,000 0 0
JOHNSON CTLS INC COM 478366107 3,327 92,950 SH   DFND 1 92,950 0 0
KAR AUCTION SVCS INC COM 48238T109 15,839 692,580 SH   DFND   692,580 0 0
KINROSS GOLD CORP COM NO PAR 496902404 1,050 205,800 SH Call DFND 1 205,800 0 0
KINROSS GOLD CORP COM NO PAR 496902404 38 7,400 SH Put DFND 1 7,400 0 0
KINROSS GOLD CORP COM NO PAR 496902404 38 7,400 SH   DFND 1 7,400 0 0
KRAFT FOODS GROUP INC COM 50076Q106 7,822 140,000 SH Call DFND 1 140,000 0 0
KRAFT FOODS GROUP INC COM 50076Q106 1,123 20,101 SH   DFND 1 20,101 0 0
L-3 COMMUNICATIONS CORP DEBT 3.000% 8/0 502413AW7 17,476 17,150,000 PRN   DFND 1 17,150,000 0 0
L-3 COMMUNICATIONS CORP DEBT 3.000% 8/0 502413AW7 357 350,000 PRN   DFND   350,000 0 0
L-3 COMMUNICATIONS HLDGS INC COM 502424104 12,604 147,000 SH Put DFND 1 147,000 0 0
L-3 COMMUNICATIONS HLDGS INC COM 502424104 257 3,000 SH Put DFND   3,000 0 0
L-3 COMMUNICATIONS HLDGS INC COM 502424104 597 6,958 SH   DFND 1 6,958 0 0
L-3 COMMUNICATIONS HLDGS INC COM 502424104 12 142 SH   DFND   142 0 0
LAS VEGAS SANDS CORP COM 517834107 15,932 301,000 SH Put DFND 1 301,000 0 0
LAS VEGAS SANDS CORP COM 517834107 6,216 117,444 SH   DFND 1 117,444 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 3,313 50,000 SH Call DFND 1 50,000 0 0
MACQUARIE INFRASTR CO LLC MEMBERSHIP INT 55608B105 2,004 37,500 SH   DFND   37,500 0 0
MARATHON PETE CORP COM 56585A102 14,212 200,000 SH Call DFND 1 200,000 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 81,069 3,310,300 SH Call DFND 1 3,310,300 0 0
MARKET VECTORS ETF TR RUSSIA ETF 57060U506 980 38,900 SH   DFND 1 38,900 0 0
MARKET VECTORS ETF TR RUSSIA ETF 57060U506 1,600 63,550 SH   DFND   63,550 0 0
MARKET VECTORS ETF TR SEMICONDUCTOR 57060U233 1,074 28,500 SH   DFND 1 28,500 0 0
MARRIOTT INTL INC NEW CL A 571903202 16,148 400,000 SH Put DFND 1 400,000 0 0
MARRIOTT INTL INC NEW CL A 571903202 7,599 188,225 SH   DFND 1 188,225 0 0
MASTERCARD INC CL A 57636Q104 12,926 22,500 SH Put DFND 1 22,500 0 0
MASTERCARD INC CL A 57636Q104 1,724 3,000 SH   DFND 1 3,000 0 0
MCDONALDS CORP COM 580135101 34,848 352,000 SH Call DFND 1 352,000 0 0
MERCK & CO INC NEW COM 58933Y105 1,793 38,600 SH Call DFND 1 38,600 0 0
METLIFE INC COM 59156R108 13,083 285,900 SH Put DFND 1 285,900 0 0
METLIFE INC COM 59156R108 686 15,000 SH Put DFND   15,000 0 0
METLIFE INC UNIT 99/99/9999 59156R116 7,329 133,762 SH   DFND 1 133,762 0 0
METLIFE INC UNIT 99/99/9999 59156R116 10,450 190,730 SH   DFND   190,730 0 0
MGM RESORTS INTERNATIONAL COM 552953101 2,956 200,000 SH Put DFND 1 200,000 0 0
MICRON TECHNOLOGY INC DEBT 1.875% 6/0 595112AK9 11,294 8,450,000 PRN   DFND 1 8,450,000 0 0
MICRON TECHNOLOGY INC DEBT 1.875% 6/0 595112AK9 1,337 1,000,000 PRN   DFND   1,000,000 0 0
MICRON TECHNOLOGY INC NOTE 1.500% 8/0 595112AQ6 38,864 25,305,000 PRN   DFND 1 25,305,000 0 0
MICRON TECHNOLOGY INC NOTE 1.500% 8/0 595112AQ6 4,139 2,695,000 PRN   DFND   2,695,000 0 0
MICRON TECHNOLOGY INC NOTE 1.875% 8/0 595112AR4 3,889 2,500,000 PRN   DFND 1 2,500,000 0 0
MICROSOFT CORP COM 594918104 31,954 925,000 SH Call DFND 1 925,000 0 0
MICROSOFT CORP COM 594918104 18,326 530,500 SH Put DFND 1 530,500 0 0
MICROSOFT CORP COM 594918104 2,521 72,969 SH   DFND 1 72,969 0 0
MONDELEZ INTL INC CL A 609207105 3,709 130,000 SH Call DFND 1 130,000 0 0
MONDELEZ INTL INC CL A 609207105 12,118 424,738 SH   DFND 1 424,738 0 0
MORGAN STANLEY COM NEW 617446448 2,687 110,000 SH Call DFND 1 110,000 0 0
MORGAN STANLEY COM NEW 617446448 15,308 626,600 SH Put DFND 1 626,600 0 0
MORGAN STANLEY COM NEW 617446448 440 18,000 SH   DFND 1 18,000 0 0
MRC GLOBAL INC COM 55345K103 7,037 254,767 SH   DFND   254,767 0 0
NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 12,683 337,500 SH   DFND   337,500 0 0
NUCOR CORP COM 670346105 10,869 250,900 SH Call DFND 1 250,900 0 0
NUCOR CORP COM 670346105 10,830 250,000 SH Put DFND 1 250,000 0 0
OCEAN RIG UDW INC SHS Y64354205 10,248 547,154 SH   DFND   547,154 0 0
ORACLE CORP COM 68389X105 15,355 500,000 SH Call DFND 1 500,000 0 0
PACCAR INC COM 693718108 5,173 96,400 SH Call DFND 1 96,400 0 0
PACCAR INC COM 693718108 1,293 24,100 SH Call DFND   24,100 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 2,115 157,700 SH Put DFND 1 157,700 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 373 27,800 SH Put DFND   27,800 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 1,914 142,700 SH   DFND 1 142,700 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 316 23,545 SH   DFND   23,545 0 0
PFIZER INC COM 717081103 1,681 60,000 SH Put DFND 1 60,000 0 0
PFIZER INC COM 717081103 1,681 60,000 SH   DFND 1 60,000 0 0
PIONEER NAT RES CO COM 723787107 18,094 125,000 SH Call DFND 1 125,000 0 0
PIONEER NAT RES CO COM 723787107 2,012 13,900 SH Call DFND   13,900 0 0
PPL CORP UNIT 99/99/9999 69351T601 1,176 22,330 SH   DFND 1 22,330 0 0
PPL CORP UNIT 99/99/9999 69351T601 16,331 310,077 SH   DFND   310,077 0 0
PROCTER & GAMBLE CO COM 742718109 1,771 23,000 SH Call DFND 1 23,000 0 0
PROCTER & GAMBLE CO COM 742718109 7,699 100,000 SH Call DFND   100,000 0 0
PROSHARES TR ULTRASHORT EUROP 74348A301 368 15,400 SH Put DFND 1 15,400 0 0
PROSHARES TR ULTRASHORT EUROP 74348A301 361 15,100 SH Put DFND   15,100 0 0
PROSHARES TR II PSHS ULSSLVR NEW 74347W114 3,494 34,500 SH Call DFND 1 34,500 0 0
PROSHARES TR II PSHS ULSSLVR NEW 74347W114 111,549 1,101,500 SH Put DFND 1 1,101,500 0 0
PROSHARES TR II UL VIXSTFUT ETF 74347W379 122,977 1,715,400 SH Put DFND 1 1,715,400 0 0
PROSHARES TR II UL VIXSTFUT ETF 74347W379 107,341 1,497,300 SH Put DFND   1,497,300 0 0
PROSHARES TR II ULTRA SILVER 74347W841 666 39,200 SH Put DFND 1 39,200 0 0
QEP RES INC COM 74733V100 12,376 445,500 SH   DFND   445,500 0 0
RACKSPACE HOSTING INC COM 750086100 8,304 219,155 SH   DFND   219,155 0 0
RANGE RES CORP COM 75281A109 5,706 73,800 SH Put DFND 1 73,800 0 0
RANGE RES CORP COM 75281A109 325 4,200 SH Put DFND   4,200 0 0
RANGE RES CORP COM 75281A109 1,574 20,361 SH   DFND 1 20,361 0 0
RANGE RES CORP COM 75281A109 77 995 SH   DFND   995 0 0
RENTECH INC COM 760112102 3,760 1,790,326 SH   DFND 1 1,790,326 0 0
RENTECH INC COM 760112102 9,279 4,418,548 SH   DFND   4,418,548 0 0
RESOLUTE FST PRODS INC COM 76117W109 3,293 250,000 SH Call DFND 1 250,000 0 0
RIO TINTO PLC SPONSORED ADR 767204100 8,216 200,000 SH Put DFND 1 200,000 0 0
RIO TINTO PLC SPONSORED ADR 767204100 3,734 90,900 SH   DFND 1 90,900 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107 235 6,024 SH   DFND   6,024 0 0
SCHLUMBERGER LTD COM 806857108 57,407 801,100 SH Put DFND 1 801,100 0 0
SCHLUMBERGER LTD COM 806857108 12,459 173,863 SH   DFND 1 173,863 0 0
SELECT INCOME REIT COM SH BEN INT 81618T100 7,010 250,000 SH   DFND   250,000 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 4,372 110,200 SH   DFND 1 110,200 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 33,129 423,100 SH Put DFND 1 423,100 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 10,043 128,267 SH   DFND 1 128,267 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 211 2,700 SH   DFND   2,700 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 12,714 653,850 SH   DFND 1 653,850 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 5,223 170,779 SH   DFND   170,779 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 4,406 150,000 SH   DFND   150,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 16,401 137,700 SH Call DFND 1 137,700 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 2,894 24,300 SH Call DFND   24,300 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 16,401 137,700 SH Put DFND 1 137,700 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 2,894 24,300 SH Put DFND   24,300 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 648 5,440 SH   DFND 1 5,440 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 114 960 SH   DFND   960 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 60,960 380,000 SH Call DFND 1 380,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 165,233 1,030,000 SH Put DFND 1 1,030,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 38,982 243,000 SH Put DFND   243,000 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 53,996 257,000 SH Put DFND 1 257,000 0 0
SPDR SERIES TRUST S&P HOMEBUILD 78464A888 29,420 1,000,000 SH Put DFND 1 1,000,000 0 0
SPDR SERIES TRUST S&P HOMEBUILD 78464A888 10,375 352,653 SH   DFND 1 352,653 0 0
SPDR SERIES TRUST S&P METALS MNG 78464A755 13,264 400,000 SH Put DFND 1 400,000 0 0
SPDR SERIES TRUST S&P METALS MNG 78464A755 7,932 239,200 SH   DFND 1 239,200 0 0
STARBUCKS CORP COM 855244109 17,688 270,000 SH Put DFND 1 270,000 0 0
STARBUCKS CORP COM 855244109 1,860 28,400 SH   DFND 1 28,400 0 0
STARZ COM SER A 85571Q102 3,582 162,088 SH   DFND   162,088 0 0
STEALTHGAS INC SHS Y81669106 6,610 600,873 SH   DFND   600,873 0 0
SUNCOR ENERGY INC NEW COM 867224107 1,475 50,000 SH Call DFND 1 50,000 0 0
SUSSER HLDGS CORP COM 869233106 13,487 281,677 SH   DFND   281,677 0 0
TECK RESOURCES LTD CL B 878742204 1,979 92,600 SH Put DFND 1 92,600 0 0
TECK RESOURCES LTD CL B 878742204 1,342 62,800 SH   DFND 1 62,800 0 0
TIBCO SOFTWARE INC COM 88632Q103 9,285 433,760 SH   DFND   433,760 0 0
TOTAL S A SPONSORED ADR 89151E109 26,152 537,000 SH Put DFND 1 537,000 0 0
TOTAL S A SPONSORED ADR 89151E109 3,200 65,700 SH Put DFND   65,700 0 0
TOTAL S A SPONSORED ADR 89151E109 22 447 SH   DFND 1 447 0 0
TYSON FOODS INC NOTE 3.250%10/1 902494AP8 42,169 27,500,000 PRN   DFND 1 27,500,000 0 0
TYSON FOODS INC NOTE 3.250%10/1 902494AP8 3,834 2,500,000 PRN   DFND   2,500,000 0 0
U S AIRWAYS GROUP INC COM 90341W108 35,296 2,149,600 SH Call DFND 1 2,149,600 0 0
U S AIRWAYS GROUP INC COM 90341W108 821 50,000 SH Call DFND   50,000 0 0
U S AIRWAYS GROUP INC COM 90341W108 7,200 438,500 SH Put DFND 1 438,500 0 0
U S AIRWAYS GROUP INC COM 90341W108 18,940 1,153,461 SH   DFND 1 1,153,461 0 0
U S AIRWAYS GROUP INC COM 90341W108 648 39,450 SH   DFND   39,450 0 0
UNISYS CORP COM NEW 909214306 1,435 65,000 SH Call DFND   65,000 0 0
UNISYS CORP PFD SER A 6.25% 909214405 2 29 SH   DFND   29 0 0
UNITED PARCEL SERVICE INC CL B 911312106 41,095 475,200 SH Call DFND 1 475,200 0 0
UNITED PARCEL SERVICE INC CL B 911312106 4,653 53,800 SH Call DFND   53,800 0 0
UNITED STATES NATL GAS FUND UNIT PAR $0.001 912318201 1,023 54,000 SH Call DFND 1 54,000 0 0
UNITED STATES NATL GAS FUND UNIT PAR $0.001 912318201 1,446 76,300 SH Call DFND   76,300 0 0
UNITED STATES NATL GAS FUND UNIT PAR $0.001 912318201 19 1,000 SH Put DFND 1 1,000 0 0
UNITED STATES NATL GAS FUND UNIT PAR $0.001 912318201 1,177 62,100 SH Put DFND   62,100 0 0
UNIVERSAL AMERN CORP NEW COM 91338E101 3,257 366,375 SH   DFND   366,375 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 8,909 103,500 SH   DFND   103,500 0 0
VERISIGN INC COM 92343E102 8,002 179,166 SH   DFND   179,166 0 0
VISA INC COM CL A 92826C839 5,483 30,000 SH Put DFND   30,000 0 0
VISA INC COM CL A 92826C839 895 4,900 SH   DFND   4,900 0 0
VISTEON CORP COM NEW 92839U206 13,051 206,757 SH   DFND   206,757 0 0
WALGREEN CO COM 931422109 415 9,400 SH Call DFND   9,400 0 0
WALGREEN CO COM 931422109 2,100 47,500 SH Put DFND   47,500 0 0
WELLS FARGO & CO NEW COM 949746101 16,508 400,000 SH Put DFND 1 400,000 0 0
WELLS FARGO & CO NEW COM 949746101 1,671 40,500 SH   DFND 1 40,500 0 0
WEYERHAEUSER CO COM 962166104 2,849 100,000 SH   DFND   100,000 0 0
WORKDAY INC CL A 98138H101 12,818 200,000 SH Put DFND 1 200,000 0 0
ZIONS BANCORPORATION *W EXP 05/22/202 989701115 5,662 967,869 SH   DFND 1 967,869 0 0
ZIONS BANCORPORATION *W EXP 05/22/202 989701115 155 26,500 SH   DFND   26,500 0 0
ZOETIS INC CL A 98978V103 16,990 550,000 SH   DFND 1 550,000 0 0