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
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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
ALCOA CORP COM 013872106 22,508 250,000 SH Call SOLE   250,000 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 10,880 100,000 SH Call SOLE   100,000 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 108,800 1,000,000 SH Call SOLE   1,000,000 0 0
ANGEL OAK MTG INC COM 03464Y108 8,205 500,000 SH   SOLE   500,000 0 0
BARCLAYS PLC ADR 06738E204 7,900 1,000,000 SH Call SOLE   1,000,000 0 0
BARCLAYS PLC ADR 06738E204 7,900 1,000,000 SH Call SOLE   1,000,000 0 0
BARCLAYS PLC ADR 06738E204 7,900 1,000,000 SH Call SOLE   1,000,000 0 0
BARCLAYS PLC ADR 06738E204 6,427 813,500 SH Call SOLE   813,500 0 0
BARCLAYS PLC ADR 06738E204 15,800 2,000,000 SH Call SOLE   2,000,000 0 0
BARCLAYS PLC ADR 06738E204 39,500 5,000,000 SH   SOLE   5,000,000 0 0
BRAINSWAY LTD SPONSORED ADS 10501L106 7,857 900,000 SH   SOLE   900,000 0 0
CALIFORNIA RES CORP COM STOCK 13057Q305 35,784 800,000 SH Call SOLE   800,000 0 0
CALIFORNIA RES CORP COM STOCK 13057Q305 8,946 200,000 SH   SOLE   200,000 0 0
CITIGROUP INC COM NEW 172967424 106,800 2,000,000 SH Call SOLE   2,000,000 0 0
CITIGROUP INC COM NEW 172967424 160,200 3,000,000 SH Call SOLE   3,000,000 0 0
CITIGROUP INC COM NEW 172967424 26,700 500,000 SH   SOLE   500,000 0 0
CLEVELAND-CLIFFS INC NEW COM 185899101 16,105 500,000 SH Call SOLE   500,000 0 0
CLEVELAND-CLIFFS INC NEW COM 185899101 32,210 1,000,000 SH   SOLE   1,000,000 0 0
CORNING INC COM 219350105 73,820 2,000,000 SH Call SOLE   2,000,000 0 0
CORNING INC COM 219350105 14,764 400,000 SH   SOLE   400,000 0 0
D R HORTON INC COM 23331A109 74,510 1,000,000 SH Call SOLE   1,000,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 39,570 1,000,000 SH Call SOLE   1,000,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 79,140 2,000,000 SH Call SOLE   2,000,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 39,570 1,000,000 SH Call SOLE   1,000,000 0 0
DESIGNER BRANDS INC CL A 250565108 14,861 1,100,000 SH   SOLE   1,100,000 0 0
DEUTSCHE BANK A G NAMEN AKT D18190898 37,950 3,000,000 SH Call SOLE   3,000,000 0 0
DEUTSCHE BANK A G NAMEN AKT D18190898 37,950 3,000,000 SH   SOLE   3,000,000 0 0
DOW INC COM 260557103 35,046 550,000 SH Call SOLE   550,000 0 0
DOW INC COM 260557103 35,046 550,000 SH Call SOLE   550,000 0 0
EMBRAER S.A. SPONSORED ADS 29082A107 25,220 2,000,000 SH   SOLE   2,000,000 0 0
FERROGLOBE PLC SHS G33856108 14,178 1,841,254 SH   SOLE   1,841,254 0 0
FLOTEK INDS INC DEL COM 343389102 2,520 2,000,000 SH   SOLE   2,000,000 0 0
FLUOR CORP NEW COM 343412102 28,690 1,000,000 SH Call SOLE   1,000,000 0 0
FLUOR CORP NEW COM 343412102 28,690 1,000,000 SH Call SOLE   1,000,000 0 0
FLUOR CORP NEW COM 343412102 15,077 525,500 SH Call SOLE   525,500 0 0
FLUOR CORP NEW COM 343412102 28,690 1,000,000 SH   SOLE   1,000,000 0 0
FORD MTR CO DEL COM 345370860 16,910 1,000,000 SH Call SOLE   1,000,000 0 0
FORD MTR CO DEL COM 345370860 16,910 1,000,000 SH Call SOLE   1,000,000 0 0
FORD MTR CO DEL COM 345370860 16,910 1,000,000 SH   SOLE   1,000,000 0 0
FREEPORT-MCMORAN INC CL B 35671D857 49,740 1,000,000 SH Call SOLE   1,000,000 0 0
FREEPORT-MCMORAN INC CL B 35671D857 24,870 500,000 SH   SOLE   500,000 0 0
GENERAL MTRS CO COM 37045V100 43,740 1,000,000 SH Call SOLE   1,000,000 0 0
GENERAL MTRS CO COM 37045V100 43,740 1,000,000 SH Call SOLE   1,000,000 0 0
GENERAL MTRS CO COM 37045V100 43,740 1,000,000 SH   SOLE   1,000,000 0 0
GEVO INC COM PAR 374396406 4,680 1,000,000 SH   SOLE   1,000,000 0 0
GILEAD SCIENCES INC COM 375558103 59,450 1,000,000 SH Call SOLE   1,000,000 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 21,435 1,500,000 SH   SOLE   1,500,000 0 0
GRAFTECH INTL LTD COM 384313508 9,620 1,000,000 SH   SOLE   1,000,000 0 0
GREEN PLAINS INC COM 393222104 9,303 300,000 SH   SOLE   300,000 0 0
GREENBROOK TMS INC COM NEW 393704309 2,639 700,000 SH   SOLE   700,000 0 0
INTEL CORP COM 458140100 49,560 1,000,000 SH Call SOLE   1,000,000 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 130,020 1,000,000 SH Call SOLE   1,000,000 0 0
KB HOME COM 48666K109 16,190 500,000 SH   SOLE   500,000 0 0
LIONS GATE ENTMNT CORP CL B NON VTG 535919500 27,054 1,800,000 SH   SOLE   1,800,000 0 0
MACYS INC COM 55616P104 24,360 1,000,000 SH Call SOLE   1,000,000 0 0
MICRON TECHNOLOGY INC COM 595112103 7,789 100,000 SH Call SOLE   100,000 0 0
MICRON TECHNOLOGY INC COM 595112103 7,789 100,000 SH Call SOLE   100,000 0 0
NOV INC COM 62955J103 39,220 2,000,000 SH   SOLE   2,000,000 0 0
PARTY CITY HOLDCO INC COM 702149105 14,320 4,000,000 SH   SOLE   4,000,000 0 0
PITNEY BOWES INC COM 724479100 12,740 2,450,000 SH   SOLE   2,450,000 0 0
PULTE GROUP INC COM 745867101 41,900 1,000,000 SH Call SOLE   1,000,000 0 0
QUANTUMSCAPE CORP COM CL A 74767V109 9,995 500,000 SH Call SOLE   500,000 0 0
SENSEONICS HLDGS INC COM 81727U105 13,790 7,000,000 SH   SOLE   7,000,000 0 0
SEQUANS COMMUNICATIONS S A SPONSORED ADS 817323207 3,040 1,000,000 SH   SOLE   1,000,000 0 0
SPDR SER TR S&P BIOTECH 78464A870 89,880 1,000,000 SH Call SOLE   1,000,000 0 0
SSR MNG INC COM 784730103 21,750 1,000,000 SH Call SOLE   1,000,000 0 0
TECHNIPFMC PLC COM G87110105 23,250 3,000,000 SH   SOLE   3,000,000 0 0
TELOS CORP MD COM 87969B101 17,946 1,800,000 SH   SOLE   1,800,000 0 0
TRANSOCEAN LTD REG SHS H8817H100 18,280 4,000,000 SH   SOLE   4,000,000 0 0
UNITED AIRLS HLDGS INC COM 910047109 46,360 1,000,000 SH Call SOLE   1,000,000 0 0
UNITED AIRLS HLDGS INC COM 910047109 46,360 1,000,000 SH Call SOLE   1,000,000 0 0
VENUS CONCEPT INC COM 92332W105 7,007 4,900,000 SH   SOLE   4,900,000 0 0
VIRIOS THERAPEUTICS INC COM 92829J104 2,912 650,000 SH   SOLE   650,000 0 0
WELLS FARGO CO NEW COM 949746101 96,920 2,000,000 SH Call SOLE   2,000,000 0 0
WELLS FARGO CO NEW COM 949746101 96,920 2,000,000 SH Call SOLE   2,000,000 0 0