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
IPATH S&P 500 VIX S/T FU ETN IPTH 06740C261 8 475 SH Put DFND 475 0 0
ABBOTT LABORATORIES COM 002824100 1,379 22,500 SH   DFND 22,500 0 0
ALCOA INC COM 013817101 27 2,666 SH Put DFND 2,666 0 0
ALCOA INC COM 013817101 401 40,000 SH   DFND 40,000 0 0
AT&T INC COM 00206R102 42 1,338 SH Put DFND 1,338 0 0
BANK OF AMERICA CORP COM 060505104 45 4,750 SH Call DFND 4,750 0 0
BANK OF AMERICA CORP COM 060505104 271 28,360 SH Put DFND 28,360 0 0
BERKSHIRE HATHAWAY INC-CL A CL A 084670108 122 1 SH   DFND 48 1 0 0
BERKSHIRE HATHAWAY INC-CL B CL B 084670702 2 20 SH Call DFND 48 20 0 0
BERKSHIRE HATHAWAY INC-CL B CL B 084670702 2,837 34,966 SH   DFND 48 34,966 0 0
BLACKSTONE GROUP LP/THE COM 09253U108 26 1,640 SH Call DFND 1,640 0 0
BOSTON SCIENTIFIC CORP COM 101137107 143 23,920 SH Call DFND 48 23,920 0 0
BP PLC-SPONS ADR SPON 055622104 19 424 SH Call DFND 424 0 0
BP PLC-SPONS ADR SPON 055622104 1,174 26,086 SH   DFND 26,086 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 12 346 SH Call DFND 346 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 7 200 SH Put DFND 200 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 1,654 648,815,108 SH   DFND 648,815,108 0 0
CATERPILLAR INC COM 149123101 2,380 22,344 SH   DFND 48 22,344 0 0
CISCO SYSTEMS INC COM 17275R102 11 500 SH Call DFND 500 0 0
CISCO SYSTEMS INC COM 17275R102 6,012 284,275 SH   DFND 284,275 0 0
CITIGROUP INC COM 172967424 92 2,513 SH Call DFND 2,513 0 0
CITIGROUP INC COM 172967424 108 2,950 SH Put DFND 2,950 0 0
CITIGROUP INC COM 172967424 1,523 41,676 SH   DFND 41,676 0 0
COMCAST CORP-SPECIAL CL A CL A 20030N200 71 2,400 SH Call DFND 2,400 0 0
DELL INC COM 24702R101 413 24,866 SH   DFND 24,866 0 0
DIREXION DAILY FIN BULL 3X DLY 25459Y694 96 875 SH Put DFND 875 0 0
DIREXION DAILY FIN BULL 3X DLY 25459Y694 120 1,100 SH   DFND 1,100 0 0
EBAY INC COM 278642103 37 1,000 SH Put DFND 1,000 0 0
EBAY INC COM 278642103 2,431 65,890 SH   DFND 65,890 0 0
EXXON MOBIL CORP COM 30231G102 26 300 SH Call DFND 300 0 0
FORD MOTOR CO COM 345370860 26 2,120 SH Call DFND 2,120 0 0
FORD MOTOR CO COM 345370860 1,500 120,279 SH   DFND 120,279 0 0
GENERAL ELECTRIC CO COM 369604103 40 2,000 SH Call DFND 48 2,000 0 0
GENERAL ELECTRIC CO COM 369604103 50 2,500 SH Put DFND 48 2,500 0 0
GENERAL MOTORS CO COM 37045V100 23 900 SH Put DFND 900 0 0
GENERAL MOTORS CO COM 37045V100 721 28,100 SH   DFND 28,100 0 0
HALLIBURTON CO COM 406216101 13 400 SH   DFND 400 0 0
HASBRO INC COM 418056107 13 350 SH Call DFND 350 0 0
HOME DEPOT INC COM 437076102 50 1,000 SH Call DFND 1,000 0 0
HUMAN GENOME SCIENCES INC COM 444903108 15 1,850 SH Call DFND 1,850 0 0
INTEL CORP COM 458140100 604 21,497 SH Call DFND 21,497 0 0
INTEL CORP COM 458140100 228 8,125 SH Put DFND 8,125 0 0
INTEL CORP COM 458140100 28 1,000 SH Put DFND 48 1,000 0 0
INTEL CORP COM 458140100 405 14,400 SH   DFND 48 14,400 0 0
INTERNATIONAL PAPER CO COM 460146103 37 1,050 SH Call DFND 1,050 0 0
ISHARES MSCI EAFE ETF MSCI 464287465 879 16,019 SH Call DFND 48 16,019 0 0
ISHARES MSCI EAFE ETF MSCI 464287465 631 11,492 SH Put DFND 48 11,492 0 0
ISHARES MSCI EAFE ETF MSCI 464287465 7,388 134,599 SH   DFND 48 134,599 0 0
ISHARES MSCI EMERGING MARKET MSCI 464287234 1,270 29,574 SH Call DFND 48 29,574 0 0
ISHARES MSCI EMERGING MARKET MSCI 464287234 2,160 50,306 SH Put DFND 48 50,306 0 0
ISHARES MSCI EMERGING MARKET MSCI 464287234 26,832 624,800 SH   DFND 48 624,800 0 0
JOHNSON & JOHNSON COM 478160104 124 1,886 SH Call DFND 1,886 0 0
JPMORGAN CHASE & CO COM 46625H100 129 2,800 SH Call DFND 2,800 0 0
JPMORGAN CHASE & CO COM 46625H100 317 6,886 SH Put DFND 6,886 0 0
JPMORGAN CHASE & CO COM 46625H100 9,336 203,050 SH   DFND 203,050 0 0
MERCK & CO. INC. COM 58933Y105 23 602 SH Call DFND 48 602 0 0
MERCK & CO. INC. COM 58933Y105 154 4,000 SH Put DFND 48 4,000 0 0
MERCK & CO. INC. COM 58933Y105 6,100 158,848 SH   DFND 48 158,848 0 0
METLIFE INC COM 59156R108 121 3,250 SH Put DFND 3,250 0 0
MICRON TECHNOLOGY INC COM 595112103 702 86,781 SH Put DFND 86,781 0 0
MICRON TECHNOLOGY INC COM 595112103 10,834 1,338,400 SH   DFND 1,338,400 0 0
MICROSOFT CORP COM 594918104 544 16,880 SH Call DFND 48 16,880 0 0
MICROSOFT CORP COM 594918104 538 16,681 SH Put DFND 48 16,681 0 0
MICROSOFT CORP COM 594918104 34,614 1,073,133 SH   DFND 48 1,073,133 0 0
PFIZER INC COM 717081103 28 1,250 SH Call DFND 1,250 0 0
PFIZER INC COM 717081103 187 8,243 SH Call DFND 48 8,243 0 0
PFIZER INC COM 717081103 63 2,800 SH Put DFND 2,800 0 0
PFIZER INC COM 717081103 12 550 SH Put DFND 48 550 0 0
PFIZER INC COM 717081103 4,237 187,095 SH   DFND 187,095 0 0
PFIZER INC COM 717081103 362 16,000 SH   DFND 48 16,000 0 0
PNC FINANCIAL SERVICES GROUP COM 693475105 637 9,879 SH   DFND 9,879 0 0
QUALCOMM INC COM 747525103 116 1,700 SH Call DFND 1,700 0 0
SCHLUMBERGER LTD COM 806857108 326 4,662 SH Put DFND 4,662 0 0
SCHLUMBERGER LTD COM 806857108 699 10,000 SH   DFND 10,000 0 0
SPDR S&P 500 ETF TRUST TR U 78462F103 211 1,500 SH Put DFND 48 1,500 0 0
SPDR S&P 500 ETF TRUST TR U 78462F103 1,461 10,374 SH   DFND 48 10,374 0 0
SPRINT COMMUNICATIONS INC COM 852061100 1,045 366,600 SH   DFND 366,600 0 0
TOYOTA MOTOR CORP -SPON ADR SP A 892331307 74 856 SH Put DFND 856 0 0
TOYOTA MOTOR CORP -SPON ADR SP A 892331307 368 4,238 SH   DFND 4,238 0 0
UNITED PARCEL SERVICE-CL B CL B 911312106 16,925 209,680 SH   DFND 209,680 0 0
UNITED STATES STEEL CORP COM 912909108 28 938 SH Put DFND 938 0 0
UNITED STATES STEEL CORP COM 912909108 191 6,500 SH   DFND 6,500 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 115 3,011 SH Put DFND 3,011 0 0
WALT DISNEY CO/THE COM 254687106 744 17,000 SH   DFND 17,000 0 0
WALT DISNEY CO/THE COM 254687106 967 22,080 SH   DFND 48 22,080 0 0
WALTER ENERGY INC COM 93317Q105 51 856 SH Put DFND 856 0 0
WALTER ENERGY INC COM 93317Q105 277 4,678 SH   DFND 4,678 0 0
WELLS FARGO & CO COM 949746101 34 1,000 SH Call DFND 48 1,000 0 0
WELLS FARGO & CO COM 949746101 186 5,459 SH Put DFND 5,459 0 0
WELLS FARGO & CO COM 949746101 137 4,025 SH Put DFND 48 4,025 0 0
WELLS FARGO & CO COM 949746101 171 5,000 SH   DFND 5,000 0 0
WELLS FARGO & CO COM 949746101 469 13,749 SH   DFND 48 13,749 0 0
YAHOO! INC COM 984332106 201 13,200 SH   DFND 13,200 0 0