-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, The2MtWgB8kdlWuvABiTorakUv09YyfE2W3CrEOBuDXvU1lR14QPqwzIWF9UelBu BoI+coO+e1Ka/eXx5PsSVA== 0001104186-09-000003.txt : 20090217 0001104186-09-000003.hdr.sgml : 20090216 20090217162044 ACCESSION NUMBER: 0001104186-09-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081231 FILED AS OF DATE: 20090217 DATE AS OF CHANGE: 20090217 EFFECTIVENESS DATE: 20090217 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MASTERS CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001104186 IRS NUMBER: 582440923 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05511 FILM NUMBER: 09614119 BUSINESS ADDRESS: STREET 1: PO BOX 224229 CITY: CHRISTIANSTED STATE: VI ZIP: 00822 BUSINESS PHONE: 3406925102 MAIL ADDRESS: STREET 1: PO BOX 224229 CITY: CHRISTIANSTED STATE: VI ZIP: 00822 13F-HR 1 t13f-1208.txt FORM 13F - HOLDINGS REPORT Data Field Information: TYPE 13F-HR PERIOD 12/31/08 FILER CIK 0001104186 CCC mezun#8z SUBMISSION-CONTACT NAME Michelle Dobbins PHONE 404-760-3427 UNITED STATES SECRITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2008 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: Masters Capital Mgmt, LLC Address: 3060 Peachtree Road NW, Ste 1815 Atlanta, GA 30305 13F File Number: 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. Person Signing this Report on Behalf of Reporting Manager: Name: Mike Masters Title: Managing Member Phone: 404-364-2019 Signature, Place, and Date of Signing: Mike Masters Atlanta, GA February 17, 2009 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934 FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 52 Form 13F Information Table Value Total: 522,266 FORM 13F INFORMATION TABLE TITLE OF VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN SOLE SHARED NONE ABITIBIBOWATER INC COM 003687100 1,128 2,400,000 SH SOLE 2,400,000 0 0 AMR CORP COM 001765106 10,670 1,000,000 SH CALL SOLE 1,000,000 0 0 BANK OF AMERICA CORPORATION COM 060505104 14,080 1,000,000 SH CALL SOLE 1,000,000 0 0 BANK OF AMERICA CORPORATION COM 060505104 14,080 1,000,000 SH CALL SOLE 1,000,000 0 0 BANK OF AMERICA CORPORATION COM 060505104 28,160 2,000,000 SH CALL SOLE 2,000,000 0 0 CIENA CORP COM NEW 171779309 6,766 1,009,900 SH CALL SOLE 1,009,900 0 0 CITIGROUP INC COM 172967101 6,710 1,000,000 SH CALL SOLE 1,000,000 0 0 COACH INC COM 189754104 10,385 500,000 SH CALL SOLE 500,000 0 0 CORNING INC COM 219350105 4,765 500,000 SH CALL SOLE 500,000 0 0 DELTA AIR LINES INC DEL COM NEW 247361702 17,190 1,500,000 SH SOLE 1,500,000 0 0 EXIDE TECHNOLOGIES COM NEW 302051206 2,116 400,000 SH SOLE 400,000 0 0 GANNETT INC COM 364730101 6,960 870,000 SH SOLE 870,000 0 0 GENERAL MTRS CORP DEB SR CV C 33 370442717 3,200 1,000,000 SH SOLE 1,000,000 0 0 GENERAL MTRS CORP COM 370442105 1,200 375,000 SH CALL SOLE 375,000 0 0 GENERAL MTRS CORP COM 370442105 3,200 1,000,000 SH CALL SOLE 1,000,000 0 0 GENERAL MTRS CORP COM 370442105 1,600 500,000 SH CALL SOLE 500,000 0 0 GENERAL MTRS CORP COM 370442105 1,600 500,000 SH CALL SOLE 500,000 0 0 GENWORTH FINL INC COM CL A 37247D106 1,415 500,000 SH SOLE 500,000 0 0 GOODYEAR TIRE & RUBR CO COM 382550101 5,970 1,000,000 SH SOLE 1,000,000 0 0 ISHARES TR MSCI EMERG MKT 464287234 24,970 1,000,000 SH CALL SOLE 1,000,000 0 0 KB HOME COM 48666K109 3,405 250,000 SH SOLE 250,000 0 0 KB HOME COM 48666K109 3,405 250,000 SH CALL SOLE 250,000 0 0 KKR FINANCIAL HLDGS LLC COM 48248A306 3,950 2,500,000 SH SOLE 2,500,000 0 0 LOUISIANA PAC CORP COM 546347105 4,524 2,900,000 SH SOLE 2,900,000 0 0 MACYS INC COM 55616P104 9,315 900,000 SH CALL SOLE 900,000 0 0 MEADWESTVACO CORP COM 583334107 7,284 650,900 SH SOLE 650,900 0 0 MEADWESTVACO CORP COM 583334107 2,842 254,000 SH CALL SOLE 254,000 0 0 MERRILL LYNCH & CO INC COM 590188108 7,915 680,000 SH CALL SOLE 680,000 0 0 MERRILL LYNCH & CO INC COM 590188108 11,640 1,000,000 SH CALL SOLE 1,000,000 0 0 MERRILL LYNCH & CO INC COM 590188108 23,280 2,000,000 SH CALL SOLE 2,000,000 0 0 MF GLOBAL LTD SHS G60642108 2,040 1,000,000 SH SOLE 1,000,000 0 0 MIRANT CORP NEW *W EXP 01/03/201 60467R118 3,500 1,000,100 SH SOLE 1,000,100 0 0 NEOSE TECHNOLOGIES INC COM 640522108 680 2,000,000 SH SOLE 2,000,000 0 0 NORFOLK SOUTHERN CORP COM 655844108 6,761 143,700 SH PUT SOLE 143,700 0 0 OFFICE DEPOT INC COM 676220106 8,940 3,000,000 SH SOLE 3,000,000 0 0 PENNEY J C INC COM 708160106 9,850 500,000 SH CALL SOLE 500,000 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 22,041 900,000 SH CALL SOLE 900,000 0 0 PMI GROUP INC COM 69344M101 1,950 1,000,000 SH SOLE 1,000,000 0 0 PROSHARES TR PSHS ULTRA FINL 74347R743 3,015 500,000 SH SOLE 500,000 0 0 RADIAN GROUP INC COM 750236101 3,680 1,000,000 SH SOLE 1,000,000 0 0 REDWOOD TR INC COM 758075402 3,325 223,000 SH SOLE 223,000 0 0 SATCON TECHNOLOGY CORP COM 803893106 2,713 1,750,000 SH SOLE 1,750,000 0 0 TEMPLE INLAND INC COM 879868107 5,280 1,100,000 SH SOLE 1,100,000 0 0 TRINITY INDS INC COM 896522109 15,760 1,000,000 SH SOLE 1,000,000 0 0 U S AIRWAYS GROUP INC COM 90341W108 25,123 3,250,000 SH SOLE 3,250,000 0 0 UAL CORP COM NEW 902549807 11,020 1,000,000 SH SOLE 1,000,000 0 0 WILLIAMS SONOMA INC COM 969904101 2,823 359,200 SH CALL SOLE 359,200 0 0 WYETH COM 983024100 18,755 500,000 SH CALL SOLE 500,000 0 0 WYETH COM 983024100 18,755 500,000 SH CALL SOLE 500,000 0 0 WYETH COM 983024100 37,510 1,000,000 SH CALL SOLE 1,000,000 0 0 WYETH COM 983024100 37,510 1,000,000 SH CALL SOLE 1,000,000 0 0 WYETH COM 983024100 37,510 1,000,000 SH CALL SOLE 1,000,000 0 0
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