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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
OMB APPROVAL
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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
ETF SER SOLUTIONS US GLB JETS 26922A842   53,550,000 2,500,000 SH Put SOLE   2,500,000 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   20,318,100 55,000 SH Put SOLE   55,000 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822   19,808,000 320,000 SH Put SOLE   320,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655   42,135,750 225,000 SH Put SOLE   225,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513   48,795,500 650,000 SH Put SOLE   650,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   41,668,320 94,000 SH Put SOLE   94,000 0 0
SEADRILL 2021 LTD COM G7997W102   238,383,692 5,776,198 SH   SOLE   5,776,198 0 0
SPDR SER TR S&P REGL BKG 78464A698   14,902,950 365,000 SH Put SOLE   365,000 0 0
SPDR SER TR S&P HOMEBUILD 78464A888   10,439,000 130,000 SH Put SOLE   130,000 0 0
VANECK ETF TRUST SEMICONDUCTR ETF 92189F676   9,972,375 65,500 SH Put SOLE   65,500 0 0
VANECK ETF TRUST OIL SERVICES ETF 92189H607   20,419,600 71,000 SH Put SOLE   71,000 0 0