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
ALPHABET INC CAP STK CL A 02079K305 15,765 15,200 SH   SOLE   15,200 0 0
ALPHABET INC CAP STK CL A 02079K305 519 500 SH Call SOLE   500 0 0
ALPHABET INC CAP STK CL C 02079K107 30,954 30,000 SH Put SOLE   30,000 0 0
ALPHABET INC CAP STK CL C 02079K107 30,954 30,000 SH   SOLE   30,000 0 0
ALTABA INC COM 021346101 10,145 137,025 SH   SOLE   137,025 0 0
AMERICAN STS WTR CO COM 029899101 1,049 19,766 SH   SOLE   19,766 0 0
AMERICAN STS WTR CO COM 029899101 531 10,000 SH Call SOLE   10,000 0 0
APPLE INC COM 037833100 822 4,900 SH Call SOLE   4,900 0 0
BARCLAYS BK PLC IPATH S&P500 VIX 06746L422 16,341 345,400 SH Put SOLE   345,400 0 0
CHESAPEAKE UTILS CORP COM 165303108 904 12,847 SH   SOLE   12,847 0 0
CISCO SYS INC COM 17275R102 429 10,000 SH Call SOLE   10,000 0 0
CISCO SYS INC COM 17275R102 425 9,900 SH Put SOLE   9,900 0 0
COCA COLA CO COM 191216100 465 10,700 SH Call SOLE   10,700 0 0
COCA COLA CO COM 191216100 239 5,500 SH Put SOLE   5,500 0 0
DISNEY WALT CO COM DISNEY 254687106 432 4,300 SH Call SOLE   4,300 0 0
DISNEY WALT CO COM DISNEY 254687106 30,674 305,400 SH Put SOLE   305,400 0 0
DISNEY WALT CO COM DISNEY 254687106 30,255 301,226 SH   SOLE   301,226 0 0
DOWDUPONT INC COM 26078J100 9,557 150,000 SH   SOLE   150,000 0 0
DOWDUPONT INC COM 26078J100 9,557 150,000 SH Put SOLE   150,000 0 0
EXXON MOBIL CORP COM 30231G102 317 4,250 SH   SOLE   4,250 0 0
EXXON MOBIL CORP COM 30231G102 373 5,000 SH Put SOLE   5,000 0 0
FACEBOOK INC CL A 30303M102 31,958 200,000 SH   SOLE   200,000 0 0
FACEBOOK INC CL A 30303M102 1,358 8,500 SH Call SOLE   8,500 0 0
FACEBOOK INC CL A 30303M102 31,958 200,000 SH Put SOLE   200,000 0 0
FORMFACTOR INC COM 346375108 68 5,000 SH Put SOLE   5,000 0 0
FORMFACTOR INC COM 346375108 68 5,000 SH   SOLE   5,000 0 0
GENERAL MTRS CO COM 37045V100 18,170 500,000 SH Put SOLE   500,000 0 0
GENERAL MTRS CO COM 37045V100 11 300 SH Call SOLE   300 0 0
GENERAL MTRS CO COM 37045V100 18,170 500,000 SH   SOLE   500,000 0 0
GILEAD SCIENCES INC COM 375558103 23 300 SH   SOLE   300 0 0
GILEAD SCIENCES INC COM 375558103 1,282 17,000 SH Call SOLE   17,000 0 0
INTEL CORP COM 458140100 260 5,000 SH Call SOLE   5,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 454 9,600 SH Call SOLE   9,600 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 76 1,600 SH Put SOLE   1,600 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 711 14,722 SH   SOLE   14,722 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 2,173 45,000 SH Call SOLE   45,000 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 4,804 99,500 SH Put SOLE   99,500 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 101,514 668,600 SH Call SOLE   668,600 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 3,113 20,500 SH   SOLE   20,500 0 0
JPMORGAN CHASE & CO COM 46625H100 1,408 12,800 SH Put SOLE   12,800 0 0
JPMORGAN CHASE & CO COM 46625H100 219 1,988 SH   SOLE   1,988 0 0
JPMORGAN CHASE & CO COM 46625H100 1,089 9,900 SH Call SOLE   9,900 0 0
MICROSOFT CORP COM 594918104 639 7,000 SH Call SOLE   7,000 0 0
MICROSOFT CORP COM 594918104 949 10,400 SH Put SOLE   10,400 0 0
PFIZER INC COM 717081103 2,076 58,500 SH Call SOLE   58,500 0 0
PFIZER INC COM 717081103 2,012 56,700 SH Put SOLE   56,700 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 1,266 5,246 SH   SOLE   5,246 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 24 100 SH Call SOLE   100 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 72 300 SH Put SOLE   300 0 0
VANECK VECTORS ETF TR OIL SVCS ETF 92189F718 239 10,000 SH   SOLE   10,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 335 7,000 SH Call SOLE   7,000 0 0
VISA INC COM CL A 92826C839 682 5,700 SH Put SOLE   5,700 0 0
VISA INC COM CL A 92826C839 1,136 9,500 SH Call SOLE   9,500 0 0