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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
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
CF INDS HLDGS INC COM 125269100   1,920,985 26,500 SH   SOLE   26,500 0 0
ETF SER SOLUTIONS US GLB JETS 26922A842   27,945,000 1,500,000 SH Put SOLE   1,500,000 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   21,341,845 66,500 SH Put SOLE   66,500 0 0
ISHARES TR IBOXX HI YD ETF 464288513   64,217,500 850,000 SH Put SOLE   850,000 0 0
ISHARES TR IBOXX INV CP ETF 464287242   32,334,950 295,000 SH Put SOLE   295,000 0 0
ISHARES TR MSCI EMG MKT ETF 464287234   14,797,500 375,000 SH Put SOLE   375,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655   34,788,000 195,000 SH Put SOLE   195,000 0 0
MOSAIC CO NEW COM 61945C103   2,718,390 59,250 SH   SOLE   59,250 0 0
NUTRIEN LTD COM 67077M108   3,596,495 48,700 SH   SOLE   48,700 0 0
SEADRILL 2021 LTD COM G7997W102   224,020,432 5,578,198 SH   SOLE   5,578,198 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506   52,182,900 630,000 SH Put SOLE   630,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   21,492,975 52,500 SH Put SOLE   52,500 0 0
SPDR SER TR S&P HOMEBUILD 78464A888   14,907,200 220,000 SH Put SOLE   220,000 0 0
VANECK ETF TRUST OIL SERVICES ETF 92189H607   8,591,030 31,000 SH Put SOLE   31,000 0 0
VANECK ETF TRUST SEMICONDUCTR ETF 92189F676   16,317,780 62,000 SH Put SOLE   62,000 0 0