0001104186-13-000002.txt : 20130213 0001104186-13-000002.hdr.sgml : 20130213 20130213172916 ACCESSION NUMBER: 0001104186-13-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121231 FILED AS OF DATE: 20130213 DATE AS OF CHANGE: 20130213 EFFECTIVENESS DATE: 20130213 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: 13604694 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-1212.txt FORM 13F - HOLDINGS REPORT Data Field Information: TYPE 13F-HR PERIOD 12/31/12 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: December 31, 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 February 13, 2013 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: 49 Form 13F Information Table Value Total: 930,017 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 ALLSTATE CORP COM 020002101 20,085 500,000 SH CALL SOLE 500,000 0 0 APPLE INC COM 037833100 159,652 300,000 SH CALL SOLE 300,000 0 0 APPLE INC COM 037833100 53,217 100,000 SH CALL SOLE 100,000 0 0 BANK OF AMERICA CORPORATION COM 060505104 11,610 1,000,000 SH CALL SOLE 1,000,000 0 0 COMERICA INC COM 200340107 15,170 500,000 SH CALL SOLE 500,000 0 0 COMERICA INC COM 200340107 15,170 500,000 SH CALL SOLE 500,000 0 0 CORNING INC COM 219350105 9,465 750,000 SH SOLE 750,000 0 0 CREDIT SUISSE GROUP SPONSORED ADR 225401108 9,824 400,000 SH CALL SOLE 400,000 0 0 CREDIT SUISSE GROUP COM 225401108 614 25,000 SH CALL SOLE 25,000 0 0 CREDIT SUISSE GROUP COM 225401108 9,824 400,000 SH CALL SOLE 400,000 0 0 CREE INC COM 225447101 12,940 380,800 SH CALL SOLE 380,800 0 0 DELTA AIR LINES INC DEL COM 247361702 23,740 2,000,000 SH CALL SOLE 2,000,000 0 0 DELTA AIR LINES INC DEL COM NEW 247361702 23,740 2,000,000 SH SOLE 2,000,000 0 0 GENERAL MTRS CO COM 37045V100 23,064 800,000 SH CALL SOLE 800,000 0 0 GENERAL MTRS CO *W EXP 07/10/201 37045V118 840 43,058 SH SOLE 43,058 0 0 GENERAL MTRS CO *W EXP 07/10/201 37045V126 538 43,058 SH SOLE 43,058 0 0 HARRIS & HARRIS GROUP INC COM 413833104 3,062 927,800 SH SOLE 927,800 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 22,440 1,000,000 SH CALL SOLE 1,000,000 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 22,440 1,000,000 SH CALL SOLE 1,000,000 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 11,220 500,000 SH CALL SOLE 500,000 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 4,937 220,000 SH SOLE 220,000 0 0 HELMERICH & PAYNE INC COM 423452101 5,601 100,000 SH CALL SOLE 100,000 0 0 LUFKIN INDS INC COM 549764108 17,439 300,000 SH CALL SOLE 300,000 0 0 LUFKIN INDS INC COM 549764108 3,953 68,000 SH SOLE 68,000 0 0 METLIFE INC COM 59156R108 32,940 1,000,000 SH CALL SOLE 1,000,000 0 0 METLIFE INC COM 59156R108 16,470 500,000 SH CALL SOLE 500,000 0 0 METLIFE INC COM 59156R108 9,717 295,000 SH CALL SOLE 295,000 0 0 METLIFE INC COM 59156R108 32,940 1,000,000 SH CALL SOLE 1,000,000 0 0 METLIFE INC COM 59156R108 32,940 1,000,000 SH CALL SOLE 1,000,000 0 0 METLIFE INC COM 59156R108 9,882 300,000 SH SOLE 300,000 0 0 MGIC INVT CORP WIS COM 552848103 5,320 2,000,000 SH SOLE 2,000,000 0 0 MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 1,819 335,600 SH CALL SOLE 335,600 0 0 MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 5,420 1,000,000 SH SOLE 1,000,000 0 0 MORGAN STANLEY COM NEW 617446448 19,120 1,000,000 SH CALL SOLE 1,000,000 0 0 NABORS INDUSTRIES LTD SHS G6359F103 14,450 1,000,000 SH CALL SOLE 1,000,000 0 0 NEOPHOTONICS CORP COM 64051T100 10,619 1,850,000 SH SOLE 1,850,000 0 0 NYSE EURONEXT COM 629491101 8,547 271,000 SH CALL SOLE 271,000 0 0 PHILLIPS 66 COM 718546104 53,100 1,000,000 SH CALL SOLE 1,000,000 0 0 TESLA MTRS INC COM 88160R101 3,387 100,000 SH SOLE 100,000 0 0 U S AIRWAYS GROUP INC COM 90341W108 27,000 2,000,000 SH SOLE 2,000,000 0 0 UNITED CONTL HLDGS INC COM 910047109 20,013 856,000 SH CALL SOLE 856,000 0 0 UNITED CONTL HLDGS INC COM 910047109 23,380 1,000,000 SH CALL SOLE 1,000,000 0 0 UNITED CONTL HLDGS INC COM 910047109 14,028 600,000 SH CALL SOLE 600,000 0 0 UNITED STATES STL CORP NEW COM 912909108 23,850 1,000,000 SH CALL SOLE 1,000,000 0 0 VALERO ENERGY CORP NEW COM 91913Y100 17,060 500,000 SH CALL SOLE 500,000 0 0 VALERO ENERGY CORP NEW COM 91913Y100 34,120 1,000,000 SH CALL SOLE 1,000,000 0 0 VULCAN MATLS CO COM 929160109 10,931 210,000 SH SOLE 210,000 0 0 WEATHERFORD INTERNATIONAL LT REG SHS H27013103 11,190 1,000,000 SH CALL SOLE 1,000,000 0 0 WEATHERFORD INTERNATIONAL LT REG SHS H27013103 11,190 1,000,000 SH SOLE 1,000,000 0 0