The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
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
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABERCROMBIE & FITCH CO-CL A CL A 002896207 4,525 100,000 SH   SOLE 0 10,000 0 0
ACE LTD SHS H0023R105 4,474 50,000 SH   SOLE 0 50,000 0 0
Actavis Inc COM 00507K103 2,524 20,000 SH   SOLE 0 20,000 0 0
ADT Corp/The COM 00101J106 11,955 300,000 SH   SOLE 0 30,000 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 1,069 25,000 SH   SOLE 0 25,000 0 0
Air Transport Services Group I COM 00922R105 826 125,000 SH   SOLE 0 12,500 0 0
ALLSTATE CORP COM 020002101 5,293 110,000 SH   SOLE 0 11,000 0 0
Altisource Portfolio Solutions REG SHS L0175J104 14,154 150,100 SH   SOLE 0 15,010 0 0
Altisource Residential Corp CL B 02153W100 3,755 225,000 SH   SOLE 0 22,500 0 0
AMARIN CORP -ADR SPONS ADR 023111206 464 80,000 SH   SOLE 0 80,000 0 0
AMARIN CORP -ADR SPONS ADR 023111206 2,900 500,000 SH Call SOLE 0 50,000 0 0
AMAZON.COM INC COM 23135106 2,777 10,000 SH   SOLE 0 10,000 0 0
Ambac Financial Group Inc COM NEW 023139884 7,064 296,414 SH   SOLE 0 29,641 0 0
AMERADA HESS CORP COM 42809H107 13,298 200,000 SH Call SOLE 0 20,000 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 2,531 110,000 SH   SOLE 0 11,000 0 0
AMERICAN EXPRESS CO COM 025816109 2,990 40,000 SH   SOLE 0 40,000 0 0
AMERIPRISE FINANCIAL INC COM 03076C106 16,176 200,000 SH   SOLE 0 20,000 0 0
AMEX ENERGY SELECT INDX SBI INT-ENERGY 81369Y506 35,262 450,000 SH Put SOLE 0 45,000 0 0
AMEX FINANCIAL SELEXT SPDR. SBI INT-FINL 81369Y605 57,496 2,950,000 SH Call SOLE 0 29,500 0 0
AMEX FINANCIAL SELEXT SPDR. SBI INT-FINL 81369Y605 79,909 4,100,000 SH Put SOLE 0 41,000 0 0
ANADARKO PETROLEUM CORP COM 032511107 8,593 100,000 SH Call SOLE 0 10,000 0 0
ANADARKO PETROLEUM CORP COM 032511107 15,038 175,000 SH   SOLE 0 17,500 0 0
ANHEUSER-BUSCH INBEV NV SPONSORED ADR 03524A108 4,062 45,000 SH   SOLE 0 45,000 0 0
ANTHERA PHARMACE COM 03674U102 926 2,000,000 SH   SOLE 0 20,000 0 0
APOLLO GROUP INC-CL A CL A 037604105 3,544 200,000 SH Call SOLE 0 20,000 0 0
APPLE INC COM 037833100 576 1,453 SH   SOLE 0 1,453 0 0
APPLIED MATERIALS INC COM 038222105 7,460 500,000 SH   SOLE 0 50,000 0 0
ARIAD PHARMACEUTICALS INC COM 04033A100 1,312 75,000 SH   SOLE 0 75,000 0 0
ASSURED GUARANTY LTD COM G0585R106 140,512 6,369,535 SH   SOLE 0 6,369,535 0 0
AVAGO TECHNOLOGIES LTD SHS Y0486S104 748 20,000 SH   SOLE 0 20,000 0 0
Aviv REIT Inc COM 05381L101 1,896 75,000 SH   SOLE 0 75,000 0 0
BANCO MACRO SA SPON ADR B 05961W105 277 19,300 SH   SOLE 0 19,300 0 0
BEAM INC COM 073730103 1,578 25,000 SH   SOLE 0 25,000 0 0
BERRY PETROLEUM CO-CLASS A CL A 085789105 34,630 818,300 SH   SOLE 0 81,830 0 0
BEST BUY CO INC COM 086516101 1,503 55,000 SH   SOLE 0 55,000 0 0
BioAmber Inc COM 09072Q106 2,057 302,500 SH   SOLE 0 30,250 0 0
BioAmber Inc *W EXP 05/09/20 09072Q114 168 305,000 SH   SOLE 0 30,500 0 0
BIOGEN IDEC INC. COM 09062X103 1,076 5,000 SH   SOLE 0 5,000 0 0
BLACK HILLS CORP COM 092113109 4,875 100,000 SH Call SOLE 0 10,000 0 0
BLACK HILLS CORP COM 092113109 3,315 68,000 SH   SOLE 0 68,000 0 0
BMC SOFTWARE INC COM 055921100 9,026 200,000 SH   SOLE 0 20,000 0 0
BOEING CO COM 097023105 1,024 10,000 SH   SOLE 0 10,000 0 0
BOINGO COM 09739C102 17,454 2,810,643 SH   SOLE 0 2,810,643 0 0
BORGWARNER INC COM 099724106 3,446 40,000 SH   SOLE 0 40,000 0 0
BP PLC SPONSORED ADR 055622104 39,653 950,000 SH Call SOLE 0 95,000 0 0
BRE PROPERTIES INC CL A 05564E106 12,505 250,000 SH Call SOLE 0 25,000 0 0
BROOKDALE SENIOR LIVING INC COM 112463104 1,322 50,000 SH   SOLE 0 50,000 0 0
BROOKDALE SENIOR LIVING INC COM 112463104 1,935 73,200 SH Put SOLE 0 73,200 0 0
BUCKEYE TECHNOLOGIES INC COM 118255108 5,556 150,000 SH Put SOLE 0 15,000 0 0
CALLON PETROLEUM CO COM 13123X102 674 200,000 SH   SOLE 0 20,000 0 0
CAPITAL ONE FINANCIAL CORP COM 14040H105 38,628 615,000 SH   SOLE 0 61,500 0 0
Capitol Acquisition Corp II UNIT 99/99/9999 14056V204 8,908 882,000 SH   SOLE 0 88,200 0 0
CARNIVAL CORP PAIRED CTF 143658300 857 25,000 SH   SOLE 0 25,000 0 0
CBRE GROUP INC CL A 12504L109 26,864 1,150,000 SH   SOLE 0 11,500 0 0
CBS CORP-CLASS B CL B 124857202 24,435 500,000 SH   SOLE 0 50,000 0 0
CENTURYLINK INC. COM 156700106 21,210 600,000 SH Call SOLE 0 60,000 0 0
CHENIERE ENERGY INC COM NEW 16411R208 12,492 450,000 SH   SOLE 0 45,000 0 0
CHICAGO MERCANTILE EXCHANG-A COM 12572Q105 7,975 105,000 SH   SOLE 0 10,500 0 0
CHICO'S FAS INC CALLS 168615102 3,412 200,000 SH Call SOLE 0 20,000 0 0
CIENA CORP COM NEW 171779309 972 50,000 SH   SOLE 0 50,000 0 0
CISCO SYSTEMS INC COM 17275R102 4,259 175,000 SH   SOLE 0 17,500 0 0
CIT GROUP INC COM NEW 125581801 4,663 100,000 SH Call SOLE 0 10,000 0 0
CIT GROUP INC COM NEW 125581801 32,641 700,000 SH   SOLE 0 70,000 0 0
CITIGROUP INC COM NEW 172967424 11,993 250,000 SH Call SOLE 0 25,000 0 0
CITIGROUP INC COM NEW 172967424 163,338 3,405,000 SH   SOLE 0 34,050 0 0
CLEVELAND-CLIFFS INC COM 18683K101 813 50,000 SH   SOLE 0 50,000 0 0
CNSMR STAPES SLCT SCTR SPDR FD SBI CONS STPLS 81369Y308 17,852 450,000 SH Put SOLE 0 45,000 0 0
COBALT INTERNATIONAL ENERGY COM 19075F106 11,957 450,000 SH   SOLE 0 45,000 0 0
CONAGRA FOODS INC COM 205887102 5,240 150,000 SH   SOLE 0 15,000 0 0
CONCUR TECHNOLOGIES INC COM 206708109 407 5,000 SH   SOLE 0 5,000 0 0
CONN'S INC COM 208242107 4,655 89,925 SH   SOLE 0 89,925 0 0
CONSTELLATION BRANDS INC-A CL A 21036P108 9,121 175,000 SH   SOLE 0 17,500 0 0
CON-WAY INC COM 205944101 390 10,000 SH   SOLE 0 10,000 0 0
COOPER TIRE & RUBBER COM 216831107 6,634 200,000 SH Call SOLE 0 20,000 0 0
COPART INC COM 217204106 3,080 100,000 SH Call SOLE 0 10,000 0 0
COVANTA HOLDING CORP COM 22282E102 4,004 200,000 SH Call SOLE 0 20,000 0 0
CSX CORP COM 126408103 5,798 250,000 SH   SOLE 0 25,000 0 0
CURRENCYSHARES AUSTRALIAN DL AUSTRALIAN DOL 23129U101 19,690 215,000 SH Put SOLE 0 21,500 0 0
DELL INC. COM 24702R101 10,364 777,800 SH Call SOLE 0 77,780 0 0
Delphi Automotive PLC SHS G27823106 2,535 50,000 SH   SOLE 0 50,000 0 0
DELTA AIR LINES INC COM NEW 247361702 1,871 100,000 SH   SOLE 0 10,000 0 0
DICK'S SPORTING GOODS INC COM 253393102 1,502 30,000 SH   SOLE 0 30,000 0 0
DILLARDS INC-CL A CL A 254067101 2,869 35,000 SH Put SOLE 0 35,000 0 0
DISCOVER FINANCIAL SERVICES COM 254709108 42,400 890,000 SH   SOLE 0 89,000 0 0
Dolan Co/The COM 25659P402 162 99,400 SH   SOLE 0 99,400 0 0
DOLLAR GENERAL CORP COM 256677105 4,501 89,250 SH   SOLE 0 89,250 0 0
EASTMAN CHEMICAL COMPANY COM 277432100 7,001 100,000 SH   SOLE 0 10,000 0 0
EATON CORP SHS G29183103 1,316 20,000 SH   SOLE 0 20,000 0 0
ENPRO INDUSTRIES INC COM 29355X107 7,614 150,000 SH Call SOLE 0 15,000 0 0
EVEREST RE GROUP LTD COM G3223R108 2,886 22,500 SH   SOLE 0 22,500 0 0
ExactTarget Inc COM 30064K105 2,462 73,000 SH Call SOLE 0 73,000 0 0
EXXON MOBIL CORP COM 30231G102 9,035 100,000 SH Call SOLE 0 10,000 0 0
FEDEX CORP COM 31428X106 9,858 100,000 SH Call SOLE 0 10,000 0 0
Fifth & Pacific Co Inc COM 316645100 9,807 438,975 SH   SOLE 0 43,897 0 0
FIFTH THIRD BANCORP COM 316773100 3,610 200,000 SH   SOLE 0 20,000 0 0
FOREST LABORATORIES INC COM 345838106 4,100 100,000 SH Call SOLE 0 10,000 0 0
FORESTAR REAL ESTATE GROUP COM 346233109 3,009 150,000 SH   SOLE 0 15,000 0 0
FTSE China 25 Index FTSE CHINA25 ID 464287184 11,870 365,000 SH Put SOLE 0 36,500 0 0
GAP INC/THE COM 364760108 2,087 50,000 SH   SOLE 0 50,000 0 0
GARDNER DENVER INC COM 365558105 7,518 100,000 SH Call SOLE 0 10,000 0 0
GENERAL MOTORS CORP COM 37045V100 6,662 200,000 SH Call SOLE 0 20,000 0 0
GENERAL MOTORS CORP COM 37045V100 18,370 551,500 SH   SOLE 0 55,150 0 0
GENWORTH FINANCIAL INC-CL A CL A 37247D106 1,712 150,000 SH Call SOLE 0 15,000 0 0
GENWORTH FINANCIAL INC-CL A CL A 37247D106 3,994 350,000 SH   SOLE 0 35,000 0 0
Geo Group Inc/The COM 36159R103 2,492 73,399 SH   SOLE 0 73,399 0 0
GILEAD SCIENCES INC COM 375558103 15,381 300,000 SH   SOLE 0 30,000 0 0
GILEAD SCIENCES INC COM 375558103 7,691 150,000 SH Put SOLE 0 15,000 0 0
GNC HOLDINGS INC CL A 36191G107 14,545 329,000 SH   SOLE 0 32,900 0 0
GOOGLE INC-CL A CL A 38259P508 10,564 12,000 SH   SOLE 0 12,000 0 0
Groupon Inc CL A 399473107 483 56,500 SH   SOLE 0 56,500 0 0
GRUPO FINANCIERO GALICIA-ADR SP ADR 10 SH B 399909100 862 168,050 SH   SOLE 0 16,805 0 0
GRUPO TELEVISA SA-SER CPO SPON ADR REP OR 40049J206 5,164 207,900 SH   SOLE 0 20,790 0 0
GT Advanced Technologies Inc COM 36191U106 191 46,000 SH   SOLE 0 46,000 0 0
GUESS? INC COM 401617105 1,241 40,000 SH Put SOLE 0 40,000 0 0
HARLEY-DAVIDSON INC. COM 412822108 3,080 56,175 SH   SOLE 0 56,175 0 0
HARTFORD FINANCIAL SVCS GRP COM 416515104 241,176 7,800,000 SH   SOLE 0 78,000 0 0
HARVEST NATURAL RESOURCES IN COM 41754V103 620 200,000 SH Call SOLE 0 20,000 0 0
HCA HOLDINGS INC. COM 40412C101 9,015 250,000 SH   SOLE 0 25,000 0 0
HEALTH MGMT ASSOCIATES INC-A CL A 421933102 2,358 150,000 SH Put SOLE 0 15,000 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 24,800 1,000,000 SH Call SOLE 0 10,000 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 48,354 1,949,750 SH   SOLE 0 19,497 0 0
Hillshire Brands Co COM 432589109 3,308 100,000 SH Call SOLE 0 10,000 0 0
HollyFrontier Corp COM 436106108 18,182 425,000 SH   SOLE 0 42,500 0 0
HollyFrontier Corp COM 436106108 14,973 350,000 SH Put SOLE 0 35,000 0 0
HOME DEPOT INC COM 437076102 22,079 285,000 SH   SOLE 0 28,500 0 0
HONEYWELL INTERNATIONAL INC. COM 438516106 3,174 40,000 SH   SOLE 0 40,000 0 0
Hyde Park Acquisition Corp II COM 448640102 3,811 367,500 SH   SOLE 0 36,750 0 0
IMAX CORP COM 45245E109 2,735 110,000 SH   SOLE 0 11,000 0 0
INDUSTRIAL SELECT SECT SPDR SBI INT-INDS 81369Y704 4,257 100,000 SH   SOLE 0 10,000 0 0
INTELLI-CHECK-MOBILISA INC COM 45817G102 60 200,000 SH   SOLE 0 20,000 0 0
INTERNATIONAL PAPER CO COM 460146103 17,724 400,000 SH   SOLE 0 40,000 0 0
iShares Barclays CMBS Bond Fun BARCLAYS CMBS 46429B366 205 4,000 SH   SOLE 0 4,000 0 0
ISHARES DJ US HOME CONSTRUCT DJ HOME CONSTN 464288752 844 37,700 SH   SOLE 0 37,700 0 0
ISHARES DJ US REAL ESTATE DJ US REAL EST 464287739 24,066 362,500 SH Call SOLE 0 36,250 0 0
ISHARES MSCI EMERGING MKT IN MSCI EMERG MKT 464287234 77,140 2,000,000 SH Call SOLE 0 20,000 0 0
ISHARES MSCI EMERGING MKT IN MSCI EMERG MKT 464287234 129,210 3,350,000 SH Put SOLE 0 33,500 0 0
ISHARES MSCI EMERGING MKT IN MSCI EMERG MKT 464287234 863 22,363 SH   SOLE 0 22,363 0 0
ISHARES MSCI GERMANY INDEX MSCI GERMAN 464286806 14,820 600,000 SH Put SOLE 0 60,000 0 0
ISHARES MSCI JAPAN INDEX FD MSCI JAPAN 464286848 2,805 250,000 SH Call SOLE 0 25,000 0 0
ISHARES NASDAQ BIOTECH INDX NASDQ BIO INDX 464287556 9,381 54,000 SH   SOLE 0 54,000 0 0
ISHARES RUSSELL 2000 RUSSELL 2000 464287655 256,260 2,637,500 SH Put SOLE 0 26,375 0 0
J.C. PENNEY CO INC COM 708160106 427 25,000 SH Call SOLE 0 25,000 0 0
JACOBS ENGINEERING GROUP INC COM 469814107 1,654 30,000 SH   SOLE 0 30,000 0 0
JANUS CAPITAL GROUP INC COM 47102X105 1,277 150,000 SH   SOLE 0 15,000 0 0
JOHNSON CONTROLS INC COM 478366107 10,737 300,000 SH Call SOLE 0 30,000 0 0
JOS A BANK CLOTHIERS INC COM 480838101 3,099 75,000 SH   SOLE 0 75,000 0 0
JPMORGAN CHASE & CO COM 46625H100 189,606 3,591,708 SH   SOLE 0 3,591,708 0 0
KBW CAPITAL MARKETS ETF S&P CAP MKTS 78464A771 3,996 100,000 SH Call SOLE 0 10,000 0 0
KBW REGIONAL BANKING ETF S&P REGL BKG 78464A698 18,634 550,000 SH Call SOLE 0 55,000 0 0
KBW REGIONAL BANKING ETF S&P REGL BKG 78464A698 8,470 250,000 SH   SOLE 0 25,000 0 0
KINDER MORGAN INC *W EXP 05/25/20 49456B119 2,560 500,000 SH   SOLE 0 50,000 0 0
KIRBY CORP COM 497266106 1,591 20,000 SH   SOLE 0 20,000 0 0
LAS VEGAS SANDS CORP COM 517834107 23,289 440,000 SH   SOLE 0 44,000 0 0
LAS VEGAS SANDS CORP COM 517834107 1,323 25,000 SH Put SOLE 0 25,000 0 0
LENDER PROCESSING SERVICES COM 52602E102 4,853 150,000 SH Call SOLE 0 15,000 0 0
LIFE TECHNOLOGIES CORP COM 53217V109 7,400 100,000 SH Call SOLE 0 10,000 0 0
LifeLock Inc COM 53224V100 117 10,000 SH   SOLE 0 10,000 0 0
Linn Co LLC COMSHS LTD INT 535782106 40,524 1,087,300 SH   SOLE 0 10,873 0 0
LOWE'S COS INC COM 548661107 14,315 350,000 SH   SOLE 0 35,000 0 0
LULULEMON ATHLETICA INC-W/I COM 550021109 22,958 350,500 SH   SOLE 0 35,050 0 0
LYONDELLBASELL INDU-CL A SHS - A - N53745100 1,325 20,000 SH   SOLE 0 20,000 0 0
MACY'S INC. COM 55616P104 2,160 45,000 SH   SOLE 0 45,000 0 0
MAGNA INTERNATIONAL INC-CL A COM 559222401 1,424 20,000 SH   SOLE 0 20,000 0 0
MANITOWOC COMPANY INC COM 563571108 3,940 220,000 SH Put SOLE 0 22,000 0 0
MARKET VECTORS OIL SERVICE ETF OIL SVCS ETF 57060U191 21,390 500,000 SH Put SOLE 0 50,000 0 0
MASCO CORP COM 574599106 94 4,800 SH Call SOLE 0 4,800 0 0
MASCO CORP COM 574599106 2 96 SH   SOLE 0 96 0 0
MASCO CORP COM 574599106 94 4,800 SH Put SOLE 0 4,800 0 0
MASTERCARD INC-CLASS A CL A 57636Q104 2,873 5,000 SH   SOLE 0 5,000 0 0
MBIA INC COM 55262C100 13,976 1,050,000 SH   SOLE 0 10,500 0 0
MCDONALD'S CORP COM 580135101 1,980 20,000 SH   SOLE 0 20,000 0 0
MEAD JOHNSON NUTRITION CO-A COM 582839106 15,054 190,000 SH   SOLE 0 19,000 0 0
MELCO PBL ENTERTAINMENT-ADR ADR 585464100 22,013 984,500 SH   SOLE 0 98,450 0 0
MELCO PBL ENTERTAINMENT-ADR ADR 585464100 2,236 100,000 SH Call SOLE 0 10,000 0 0
MELCO PBL ENTERTAINMENT-ADR ADR 585464100 2,795 125,000 SH Put SOLE 0 12,500 0 0
MERCK & CO. INC COM 58933Y105 96,523 2,078,000 SH Call SOLE 0 20,780 0 0
MGM MIRAGE COM 552953101 3,695 250,000 SH Put SOLE 0 25,000 0 0
Michael Kors Holdings Ltd SHS G60754101 31,453 507,150 SH   SOLE 0 50,715 0 0
MITSUBISHI UFJ FINL GRP-ADR SPONSORED ADR 606822104 9,227 1,485,772 SH   SOLE 0 1,485,772 0 0
MOLSON COORS BREWING CO -B CL B 60871R209 14,119 295,000 SH   SOLE 0 29,500 0 0
MONEYGRAM INTERNATIONAL INC COM NEW 60935Y208 1,404 61,975 SH   SOLE 0 61,975 0 0
MOSAIC CO/THE COM 61945C103 16,143 300,000 SH Call SOLE 0 30,000 0 0
MOSAIC CO/THE COM 61945C103 2,691 50,000 SH   SOLE 0 50,000 0 0
MOTOROLA SOLUTIO COM NEW 620076307 1,155 20,000 SH   SOLE 0 20,000 0 0
MULTI-FINELINE ELECTRONIX IN COM 62541B101 299 20,179 SH   SOLE 0 20,179 0 0
MYLAN LABORATORIES INC COM 628530107 18,618 600,000 SH Call SOLE 0 60,000 0 0
NABORS INDUSTRIES LTD SHS G6359F103 13,320 870,000 SH Call SOLE 0 87,000 0 0
NASDAQ 100 STOCK INDX UNIT SER 1 73935A104 178,175 2,500,000 SH Call SOLE 0 25,000 0 0
National Bank Holdings Corp CL A 633707104 16,315 828,171 SH   SOLE 0 82,817 0 0
Nationstar Mortgage Holdings I COM 63861C109 5,616 150,000 SH   SOLE 0 15,000 0 0
NAVISTAR INTERNATIONAL COM 63934E108 2,776 100,000 SH Call SOLE 0 10,000 0 0
NETAPP INC COM 64110D104 3,778 100,000 SH Call SOLE 0 10,000 0 0
News Corp CL A CL A 65248E104 27,693 850,000 SH   SOLE 0 85,000 0 0
NEWS CORP-CL B CL B 65248E203 36,295 1,105,881 SH   SOLE 0 1,105,881 0 0
NIKE INC -CL B CL B 654106103 637 10,000 SH   SOLE 0 10,000 0 0
NOBLE CORP NAMEN -AKT H5833N103 17,193 457,500 SH   SOLE 0 45,750 0 0
NORDSTROM INC COM 655664100 599 10,000 SH   SOLE 0 10,000 0 0
NORTHERN OIL AND COM 665531109 4,002 300,000 SH Call SOLE 0 30,000 0 0
NORTHSTAR REALTY FINANCE COR COM 66704R100 6,370 700,000 SH Call SOLE 0 70,000 0 0
NORTHSTAR REALTY FINANCE COR COM 66704R100 10,920 1,200,000 SH   SOLE 0 12,000 0 0
Norwegian Cruise Line Holding SHS G66721104 4,180 137,900 SH   SOLE 0 13,790 0 0
NUANCE COMMUNICATIONS INC COM 67020Y100 7,360 400,000 SH Call SOLE 0 40,000 0 0
NUANCE COMMUNICATIONS INC COM 67020Y100 4,600 250,000 SH   SOLE 0 25,000 0 0
NXP SEMICONDUCTORS NV COM N6596X109 8,531 275,000 SH   SOLE 0 27,500 0 0
Ocean Rig UDW Inc SHS Y64354205 2,810 150,000 SH Call SOLE 0 15,000 0 0
Ocean Rig UDW Inc SHS Y64354205 2,341 125,000 SH   SOLE 0 12,500 0 0
Ocean Rig UDW Inc SHS Y64354205 1,873 100,000 SH Call SOLE 0 10,000 0 0
OCWEN FINANCIAL CORP COM NEW 675746309 8,244 200,000 SH   SOLE 0 20,000 0 0
OFFICE DEPOT INC COM 676220106 1,548 400,000 SH Call SOLE 0 40,000 0 0
OPTIMER PHARMACEUTICALS INC COM 68401H104 1,447 100,000 SH Call SOLE 0 10,000 0 0
ORACLE CORP COM 68389X105 6,460 210,359 SH   SOLE 0 21,035 0 0
ORASURE TECHNOLOGIES INC COM 68554V108 1,940 500,000 SH   SOLE 0 50,000 0 0
ORIENT EXPRESS HOTELS LTD -A CL A G67743107 1,824 150,000 SH   SOLE 0 15,000 0 0
Parkervision Inc COM 701354102 910 200,000 SH   SOLE 0 20,000 0 0
PENNYMAC MORTGAGE INVESTMENT COM 70931T103 2,105 100,000 SH   SOLE 0 10,000 0 0
PEOPLE'S UNITED FINANCIAL COM 712704105 2,608 175,000 SH Call SOLE 0 17,500 0 0
PRICELINE.COM INC COM NEW 741503403 14,715 17,800 SH   SOLE 0 17,800 0 0
PRUDENTIAL FINANCIAL INC COM 744320102 730 10,000 SH   SOLE 0 10,000 0 0
PVH CORP COM 693656100 2,501 20,000 SH   SOLE 0 20,000 0 0
QLIK TECHNOLOGIES INC COM 74733T105 6,361 225,000 SH   SOLE 0 22,500 0 0
QUALCOMM INC COM 747525103 7,331 120,000 SH   SOLE 0 12,000 0 0
QUIKSILVER INC COM 74838C106 2,576 400,000 SH   SOLE 0 40,000 0 0
RAYMOND JAMES FINANCIAL INC COM 754730109 5,373 125,000 SH   SOLE 0 12,500 0 0
REINSURANCE GROUP OF AMERICA COM NEW 759351604 4,147 60,000 SH   SOLE 0 60,000 0 0
REPUBLIC AIRWAYS HOLDINGS IN COM 760276105 850 75,000 SH   SOLE 0 75,000 0 0
REPUBLIC SERVICES INC COM 760759100 10,182 300,000 SH Call SOLE 0 30,000 0 0
Resolute Forest Products COM 76117W109 1,127 85,561 SH   SOLE 0 85,561 0 0
Restoration Hardware Holdings COM 761283100 750 10,000 SH   SOLE 0 10,000 0 0
ROCK-TENN COMPANY -CL A CL A 772739207 999 10,000 SH   SOLE 0 10,000 0 0
Rouse Properties Inc COM 779287101 2,943 150,000 SH   SOLE 0 15,000 0 0
RUSSELL 2000 INDEX RUSSELL 2000 464287655 10,202 105,000 SH   SOLE 0 10,500 0 0
S&P 500 INDEX TR UNIT 78462F103 400,025 2,500,000 SH Call SOLE 0 25,000 0 0
S&P 500 INDEX TR UNIT 78462F103 34,002 212,500 SH Put SOLE 0 21,250 0 0
S&P 500 INDEX TR UNIT 78462F103 9,601 60,000 SH   SOLE 0 60,000 0 0
SAFEWAY INC COM NEW 786514208 1,183 50,000 SH Put SOLE 0 50,000 0 0
SALESFORCE.COM INC COM 79466L302 4,200 110,000 SH   SOLE 0 11,000 0 0
SALLY BEAUTY HOLDINGS INC COM 79546E104 4,665 150,000 SH   SOLE 0 15,000 0 0
SINA CORP ORD G81477104 13,933 250,000 SH Call SOLE 0 25,000 0 0
SINCLAIR BROADCAST GROUP-A CL A 829226109 3,054 104,000 SH   SOLE 0 10,400 0 0
SKECHERS USA INC-CL A CL A 830566105 1,801 75,000 SH   SOLE 0 75,000 0 0
SLM CORP COM 78442P106 3,429 150,000 SH Put SOLE 0 15,000 0 0
SMITHFIELD FOODS INC COM 832248108 6,550 200,000 SH Call SOLE 0 20,000 0 0
SMITHFIELD FOODS INC COM 832248108 819 25,000 SH   SOLE 0 25,000 0 0
SPANSION INC-A CL A NEW 84649R200 1,903 152,020 SH   SOLE 0 15,202 0 0
SPDR S&P HOMEBUILDERS ETF S&P HOMEBUILD 78464A888 736 25,000 SH   SOLE 0 25,000 0 0
SPDR S&P OIL & GAS EXPLORATI S&P OILGAS EXP 78464A730 11,636 200,000 SH Call SOLE 0 20,000 0 0
SPDR S&P OIL & GAS EXPLORATI S&P OILGAS EXP 78464A730 23,272 400,000 SH Put SOLE 0 40,000 0 0
SPREADTRUM COMMUNICATI-ADR ADR 849415203 5,250 200,000 SH Call SOLE 0 20,000 0 0
SPRINT NEXTEL CORP COM SER 1 852061100 9,617 1,370,000 SH   SOLE 0 13,700 0 0
STARBUCKS CORP COM 855244109 4,586 70,000 SH   SOLE 0 70,000 0 0
STARWOOD PROPERT COM 85571B105 14,231 575,000 SH   SOLE 0 57,500 0 0
SunCoke Energy Inc COM 86722A103 2,804 200,000 SH Call SOLE 0 20,000 0 0
SunCoke Energy Inc COM 86722A103 4,206 300,000 SH   SOLE 0 30,000 0 0
SUNTRUST BANKS INC COM 867914103 2,368 75,000 SH   SOLE 0 75,000 0 0
SUPERVALU INC COM 868536103 2,488 400,000 SH   SOLE 0 40,000 0 0
SYNOVUS FINANCIAL CORP COM 87161C105 22,776 7,800,000 SH   SOLE 0 78,000 0 0
TELECOM ARGENTINA SA-SP ADR SPON ADR REP B 879273209 466 31,300 SH   SOLE 0 31,300 0 0
TEREX CORP COM 880779103 2,762 105,000 SH Put SOLE 0 10,500 0 0
TESORO LOGISTICS LP / TESORO COM 881609101 17,527 335,000 SH   SOLE 0 33,500 0 0
TESORO LOGISTICS LP / TESORO COM 881609101 15,696 300,000 SH Put SOLE 0 30,000 0 0
TEVA PHARMACEUTICAL IND LTD ADR 881624209 5,880 150,000 SH Call SOLE 0 15,000 0 0
TEXAS INSTRUMENTS INC COM 882508104 13,069 375,000 SH   SOLE 0 37,500 0 0
THE ST JOE COMPANY COM 790148100 3,158 150,000 SH   SOLE 0 15,000 0 0
TIME WARNER INC COM NEW 887317303 14,455 250,000 SH   SOLE 0 25,000 0 0
TJX COMPANIES INC COM 872540109 1,252 25,000 SH   SOLE 0 25,000 0 0
Trade Street Residential Inc COM NEW 89255N203 1,100 125,000 SH   SOLE 0 12,500 0 0
TRANSOCEAN INC REG SHS H8817H100 17,981 375,000 SH   SOLE 0 37,500 0 0
TRINA SOLAR LTD-SPON ADR SPON ADR 89628E104 2,451 411,278 SH   SOLE 0 41,127 0 0
TYCO INTERNATIONAL LTD SHS H89128104 16,475 500,000 SH Call SOLE 0 50,000 0 0
TYSON FOODS INC-CL A CL A 902494103 5,136 200,000 SH   SOLE 0 20,000 0 0
UNITED HEALTHCARE CORP COM 91324P102 1,310 20,000 SH   SOLE 0 20,000 0 0
UNITED RENTALS INC COM 911363109 4,991 100,000 SH Put SOLE 0 10,000 0 0
VERINT SYSTEMS COM 92343X100 12 326 SH   SOLE 0 326 0 0
VISA INC-CLASS A SHRS CL A 92826C839 22,844 125,000 SH   SOLE 0 12,500 0 0
VISIONCHINA MEDIA INC-ADR SPON ADR NEW 92833U202 98 49,233 SH   SOLE 0 49,233 0 0
WALTER ENERGY INC COM 93317Q105 1,040 100,000 SH Call SOLE 0 10,000 0 0
WARNER CHILCOTT LTD CL-A SHS A G94368100 5,973 300,000 SH Call SOLE 0 30,000 0 0
Waste Management Inc . COM 94106L109 12,099 300,000 SH Call SOLE 0 30,000 0 0
WEBSENSE INC COM 947684106 1,570 63,500 SH Call SOLE 0 63,500 0 0
WELLPOINT HEALTH NETWORK COM 94973V107 1,228 15,000 SH   SOLE 0 15,000 0 0
WELLS FARGO BANK NA COM 949746101 15,142 366,899 SH   SOLE 0 36,689 0 0
WhiteWave Foods Co CL B 966244204 2,584 170,000 SH   SOLE 0 17,000 0 0
WHITING PETROLEUM CORP COM 966387102 4,609 100,000 SH Call SOLE 0 10,000 0 0
Whole Foods Market Inc. COM 966837106 2,574 50,000 SH   SOLE 0 50,000 0 0
WisdomTree Japan Hedged Equity JAPN HEDGE EQT 97717W851 20,525 450,000 SH Call SOLE 0 45,000 0 0
WisdomTree Japan Hedged Equity JAPN HEDGE EQT 97717W851 12,999 285,000 SH   SOLE 0 28,500 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416J118 713 70,000 SH   SOLE 0 70,000 0 0
XEROX CORP COM 984121103 907 100,000 SH Call SOLE 0 10,000 0 0
YAMANA GOLD INC COM 98462Y100 951 100,000 SH Call SOLE 0 10,000 0 0
YPF SA-ADR SPON ADR CL D 984245100 723 48,950 SH   SOLE 0 48,950 0 0
YUM! BRANDS INC COM 988498101 28,429 410,000 SH   SOLE 0 41,000 0 0
Zoetis Inc CL A 98978V103 1,545 50,000 SH   SOLE 0 50,000 0 0