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
FGL HOLDINGS ORD SHS G3402M102 18,756 2,235,547 SH   SOLE   2,235,547 0 0
WTS FGL HOLDING 7/8/21 *W EXP 11/30/2021 G3402M110 2,169 1,807,500 SH   SOLE   1,807,500 0 0
ADOBE SYSTEMS COM 00724F101 1,000 4,100 SH   SOLE   4,100 0 0
AMER TEL & TEL COM 00206R102 12,228 380,804 SH   SOLE   380,804 0 0
AV HOMES INC COM 00234P102 13,767 643,298 SH   SOLE   643,298 0 0
ALPHABET INC CAP STK CL A 02079K305 10,163 9,000 SH Call SOLE   9,000 0 0
AMERICAN INTL GROUP COM NEW 026874784 1,326 25,000 SH   SOLE   25,000 0 0
ANHEUSER BUSCH CO. SPONSORED ADR 03524A108 16,138 160,165 SH   SOLE   160,165 0 0
AUTOLIV INC. COM 052800109 14,752 103,000 SH   SOLE   103,000 0 0
BANK OF CALIFORNIA COM 05990K106 3,324 170,000 SH   SOLE   170,000 0 0
BELDEN COM 077454106 1,222 20,000 SH   SOLE   20,000 0 0
BRIDGE BANCORP INC COM 108035106 13,618 378,805 SH   SOLE   378,805 0 0
CAESARS ENTERTAINMENT COM 127686103 21,593 2,018,047 SH   SOLE   2,018,047 0 0
CITIGROUP INC COM NEW 172967424 28,769 429,900 SH   SOLE   429,900 0 0
CITIGROUP INC COM NEW 172967424 16,563 247,500 SH Call SOLE   247,500 0 0
COMCAST CORP. CL A CL A 20030N101 27,547 839,600 SH   SOLE   839,600 0 0
COMCAST CORP. CL A CL A 20030N101 27,068 825,000 SH Call SOLE   825,000 0 0
CORNING INC COM 219350105 1,651 60,000 SH   SOLE   60,000 0 0
DIME COMMUNITY BANCSHARES COM 253922108 2,535 130,000 SH   SOLE   130,000 0 0
DISCOVER FINANCIAL SERVICES COM 254709108 7,054 100,188 SH   SOLE   100,188 0 0
DISNEY (WALT) CORP COM DISNEY 254687106 24,578 234,500 SH   SOLE   234,500 0 0
EBAY INC COM 278642103 19,671 542,500 SH   SOLE   542,500 0 0
ERICSSON ADR B SEK 10 294821608 13,423 1,750,000 SH   SOLE   1,750,000 0 0
FOREST CITY REIT COM CL A 345605109 8,404 368,415 SH   SOLE   368,415 0 0
GROUPON COM 399473107 13,330 3,100,000 SH   SOLE   3,100,000 0 0
HD SUPPLY COM 40416M105 30,385 708,449 SH   SOLE   708,449 0 0
IAC INTERACTIVECORP COM 44919P508 25,103 164,622 SH   SOLE   164,622 0 0
IAC INTERACTIVECORP COM 44919P508 27,814 182,400 SH Call SOLE   182,400 0 0
JBG SMITH PROPERTIES COM 46590V100 6,382 175,000 SH   SOLE   175,000 0 0
JPMORGAN CHASE & CO COM 46625H100 1,563 15,000 SH   SOLE   15,000 0 0
KEYCORP COM 493267108 1,954 100,000 SH   SOLE   100,000 0 0
LENNAR CORP. CL A 526057104 15,020 286,100 SH   SOLE   286,100 0 0
MACERICH REIT COM 554382101 27,735 488,042 SH   SOLE   488,042 0 0
MACERICH REIT COM 554382101 8,525 150,000 SH Call SOLE   150,000 0 0
MACOM TECHNOLOGY COM 55405Y100 922 40,000 SH   SOLE   40,000 0 0
MICROSOFT CORP COM 594918104 25,047 254,000 SH   SOLE   254,000 0 0
MIDSOUTH BANCORP INC COM 598039105 2,650 200,000 SH   SOLE   200,000 0 0
OPUS BANK COM 684000102 2,057 71,675 SH   SOLE   71,675 0 0
PACIFIC BIOSCIENCES OF CALIFOR COM 69404D108 791 222,910 SH   SOLE   222,910 0 0
QURATE RETAIL GROUP INC COM SER A 74915M100 22,298 1,050,786 SH   SOLE   1,050,786 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 571,723 2,107,500 SH Put SOLE   2,107,500 0 0
SBA COMMUNICATIONS CORP CL A 78410G104 4,128 25,000 SH   SOLE   25,000 0 0
SHUTTERFLY INC COM 82568P304 15,495 172,106 SH   SOLE   172,106 0 0
TIMKEN COM 887389104 1,524 35,000 SH   SOLE   35,000 0 0
T-MOBILE US INC COM 872590104 9,261 155,000 SH   SOLE   155,000 0 0
TRIUMPH BANCORP COM 89679E300 3,260 80,000 SH   SOLE   80,000 0 0
UBIQUITI NETWORKS INC COM 90347A100 21,180 250,000 SH Put SOLE   250,000 0 0