0001104186-12-000004.txt : 20120815 0001104186-12-000004.hdr.sgml : 20120815 20120815161840 ACCESSION NUMBER: 0001104186-12-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120630 FILED AS OF DATE: 20120815 DATE AS OF CHANGE: 20120815 EFFECTIVENESS DATE: 20120815 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: 121037304 BUSINESS ADDRESS: STREET 1: 3060 PEACHTREE ROAD NW STREET 2: SUITE 1425 CITY: ATLANTA STATE: GA ZIP: 30305 BUSINESS PHONE: 4043642019 MAIL ADDRESS: STREET 1: 3060 PEACHTREE ROAD NW STREET 2: SUITE 1425 CITY: ATLANTA STATE: GA ZIP: 30305 13F-HR 1 t13f-0612.txt FORM 13F - HOLDINGS REPORT Data Field Information: TYPE 13F-HR PERIOD 06/30/12 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: June 30, 2012 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 1425 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 August 15, 2012 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: 44 Form 13F Information Table Value Total: 563,123 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 CREDIT SUISSE GROUP SPONSORED ADR 225401108 18,330 1,000,000 SH CALL SOLE 1,000,000 0 0 CREDIT SUISSE GROUP COM 225401108 9,165 500,000 SH CALL SOLE 500,000 0 0 DELTA AIR LINES INC DEL COM NEW 247361702 5,475 500,000 SH CALL SOLE 500,000 0 0 DELTA AIR LINES INC DEL COM NEW 247361702 16,425 1,500,000 SH SOLE 1,500,000 0 0 EMBRAER S A SP ADR REP 4 COM 29082A107 3,980 150,000 SH SOLE 150,000 0 0 FORD MTR CO DEL COM PAR $0.01 345370860 4,795 500,000 SH SOLE 500,000 0 0 GENERAL ELECTRIC CO COM 369604103 20,840 1,000,000 SH CALL SOLE 1,000,000 0 0 GENERAL MTRS CO COM 37045V100 9,860 500,000 SH CALL SOLE 500,000 0 0 GENERAL MTRS CO COM 37045V100 9,550 484,300 SH CALL SOLE 484,300 0 0 GENERAL MTRS CO *W EXP 07/10/201 37045V118 475 43,058 SH SOLE 43,058 0 0 GENERAL MTRS CO *W EXP 07/10/201 37045V126 292 43,058 SH SOLE 43,058 0 0 HALLIBURTON CO COM 406216101 14,195 500,000 SH CALL SOLE 500,000 0 0 HALLIBURTON CO COM 406216101 28,390 1,000,000 SH CALL SOLE 1,000,000 0 0 HARRIS & HARRIS GROUP INC COM 413833104 3,526 927,800 SH SOLE 927,800 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 35,260 2,000,000 SH CALL SOLE 2,000,000 0 0 HELMERICH & PAYNE INC COM 423452101 43,480 1,000,000 SH CALL SOLE 1,000,000 0 0 METLIFE INC COM 59156R108 10,798 350,000 SH CALL SOLE 350,000 0 0 METLIFE INC COM 59156R108 4,628 150,000 SH CALL SOLE 150,000 0 0 MGIC INVT CORP WIS COM 552848103 2,880 1,000,000 SH SOLE 1,000,000 0 0 MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 7,125 1,500,000 SH SOLE 1,500,000 0 0 MORGAN STANLEY COM NEW 617446448 14,590 1,000,000 SH CALL SOLE 1,000,000 0 0 MORGAN STANLEY COM NEW 617446448 14,590 1,000,000 SH SOLE 1,000,000 0 0 NATIONAL OILWELL VARCO INC COM 637071101 13,532 210,000 SH CALL SOLE 210,000 0 0 NEOPHOTONICS CORP COM 64051T100 8,799 1,781,084 SH SOLE 1,781,084 0 0 NQ MOBILE INC ADR REPSTG CL A 64118U108 410 50,000 SH SOLE 50,000 0 0 OVERSEAS SHIPHOLDING GROUP I COM 690368105 5,555 500,000 SH CALL SOLE 500,000 0 0 OVERSEAS SHIPHOLDING GROUP I COM 690368105 710 63,900 SH CALL SOLE 63,900 0 0 OVERSEAS SHIPHOLDING GROUP I COM 690368105 1,111 100,000 SH SOLE 100,000 0 0 PHILLIPS 66 COM 718546104 4,986 150,000 SH CALL SOLE 150,000 0 0 TESLA MTRS INC COM 88160R101 12,516 400,000 SH SOLE 400,000 0 0 TRANSOCEAN LTD REG SHS H8817H100 22,365 500,000 SH CALL SOLE 500,000 0 0 TRANSOCEAN LTD REG SHS H8817H100 22,365 500,000 SH CALL SOLE 500,000 0 0 U S AIRWAYS GROUP INC COM 90341W108 6,665 500,000 SH CALL SOLE 500,000 0 0 U S AIRWAYS GROUP INC COM 90341W108 33,325 2,500,000 SH SOLE 2,500,000 0 0 UNITED CONTL HLDGS INC COM 910047109 24,330 1,000,000 SH CALL SOLE 1,000,000 0 0 UNITED CONTL HLDGS INC COM 910047109 24,330 1,000,000 SH CALL SOLE 1,000,000 0 0 VALERO ENERGY CORP NEW COM 91913Y100 24,150 1,000,000 SH CALL SOLE 1,000,000 0 0 VALERO ENERGY CORP NEW COM 91913Y100 24,150 1,000,000 SH CALL SOLE 1,000,000 0 0 VALERO ENERGY CORP NEW COM 91913Y100 12,075 500,000 SH CALL SOLE 500,000 0 0 VALERO ENERGY CORP NEW COM 91913Y100 9,660 400,000 SH CALL SOLE 400,000 0 0 VALERO ENERGY CORP NEW COM 91913Y100 14,490 600,000 SH SOLE 600,000 0 0 VULCAN MATLS CO COM 929160109 3,971 100,000 SH SOLE 100,000 0 0 WEYERHAEUSER CO COM 962166104 3,801 170,000 SH CALL SOLE 170,000 0 0 WEYERHAEUSER CO COM 962166104 11,180 500,000 SH SOLE 500,000 0 0