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
Expires: July 31, 2015
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
ADT INC DEL COM 00090Q103 1,302,400 160,000 SH SOLE 160,000 0 0
AGNC INVT CORP COM 00123Q104 958,000 100,000 SH Call SOLE 100,000 0 0
AGNC INVT CORP COM 00123Q104 53,360,600 5,570,000 SH Put SOLE 5,570,000 0 0
AKAMAI TECHNOLOGIES INC NOTE 0.125% 5/0 00971TAJ0 9,881,816 9,920,000 PRN SOLE 9,920,000 0 0
ALPHABET INC CAP STK CL A 02079K305 1,515,472 9,800 SH Put SOLE 9,800 0 0
ALPHABET INC CAP STK CL A 02079K305 287,321 1,858 SH SOLE 1,858 0 0
ALPHABET INC CAP STK CL C 02079K107 16,497,888 105,600 SH Put SOLE 105,600 0 0
AMAZON COM INC COM 023135106 1,541,106 8,100 SH Put SOLE 8,100 0 0
AMAZON COM INC COM 023135106 289,005 1,519 SH SOLE 1,519 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 409,340 38,800 SH Put SOLE 38,800 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 25,402,857 412,652 SH SOLE 412,652 0 0
ANNALY CAPITAL MANAGEMENT IN COM NEW 035710839 10,155,000 500,000 SH Put SOLE 500,000 0 0
APPLE INC COM 037833100 1,243,928 5,600 SH Put SOLE 5,600 0 0
APPLE INC COM 037833100 225,906 1,017 SH SOLE 1,017 0 0
ARCHER AVIATION INC COM CL A 03945R102 10,665,000 1,500,000 SH SOLE 1,500,000 0 0
ARES CAPITAL CORP COM 04010L103 2,586,072 116,700 SH Put SOLE 116,700 0 0
ARK 21SHARES BITCOIN ETF SHS BEN INT 040919102 67,171,210 817,168 SH SOLE 817,168 0 0
ARTIUS II ACQUISITION INC UNIT 11/27/2029 G0509J107 5,035,000 500,000 SH SOLE 500,000 0 0
ATLANTA BRAVES HLDGS INC COM SER C 047726302 15,940,784 398,420 SH SOLE 398,420 0 0
BITWISE BITCOIN ETF TR SHS BEN INT 09174C104 11,678,763 260,222 SH SOLE 260,222 0 0
BITWISE ETHEREUM ETF SHS 091955104 5,422,522 413,302 SH SOLE 413,302 0 0
BLACKROCK HEALTH SCIENCES TE COM SHS 09260E105 421,163 28,266 SH SOLE 28,266 0 0
BLACKROCK SCIENCE & TECHNOLO SHS BEN INT 09260K101 906,851 51,119 SH SOLE 51,119 0 0
BLACKROCK TECH AND PRIVATE E SHS BEN INT 09260Q108 1,329,499 212,380 SH SOLE 212,380 0 0
BLACKSTONE SECD LENDING FD COMMON STOCK 09261X102 3,443,104 106,400 SH Put SOLE 106,400 0 0
BOLD EAGLE ACQUISITION CORP CL A G2003N105 5,075,000 500,000 SH SOLE 500,000 0 0
BOLD EAGLE ACQUISITION CORP RIGHT 10/11/2029 G2003N121 124,900 500,000 SH SOLE 500,000 0 0
BOOZ ALLEN HAMILTON HLDG COR CL A 099502106 5,354,496 51,200 SH Put SOLE 51,200 0 0
BOYD GAMING CORP COM 103304101 3,271,751 49,700 SH Put SOLE 49,700 0 0
BRIDGEBIO PHARMA INC COM 10806X102 518,550 15,000 SH SOLE 15,000 0 0
BRIGHTSPRING HEALTH SVCS INC COM 10950A106 7,236,000 400,000 SH SOLE 400,000 0 0
CACI INTL INC CL A 127190304 5,577,184 15,200 SH Put SOLE 15,200 0 0
CANTOR EQUITY PARTNERS I INC SHS CL A G1827K107 2,561,250 250,000 SH SOLE 250,000 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 405,383 1,100 SH Put SOLE 1,100 0 0
CHEVRON CORP NEW COM 166764100 41,705,397 249,300 SH Call SOLE 249,300 0 0
CIMPRESS PLC SHS EURO G2143T103 1,854,430 41,000 SH Put SOLE 41,000 0 0
CINEMARK HLDGS INC COM 17243V102 22,933,646 921,400 SH Call SOLE 921,400 0 0
CINEMARK HLDGS INC COM 17243V102 35,450,827 1,424,300 SH Put SOLE 1,424,300 0 0
COINBASE GLOBAL INC COM CL A 19260Q107 2,669,565 15,500 SH Call SOLE 15,500 0 0
COINBASE GLOBAL INC COM CL A 19260Q107 2,669,565 15,500 SH Put SOLE 15,500 0 0
COINBASE GLOBAL INC NOTE 0.500% 6/0 19260QAB3 11,069,317 11,295,000 PRN SOLE 11,295,000 0 0
COMMVAULT SYS INC COM 204166102 33,113,824 209,900 SH Put SOLE 209,900 0 0
CONCENTRA GROUP HOLDINGS PAR COMMON STOCK 20603L102 16,624,587 766,110 SH SOLE 766,110 0 0
CONSOLIDATED EDISON INC COM 209115104 1,658,850 15,000 SH SOLE 15,000 0 0
COREWEAVE INC COM CL A 21873S108 5,562,000 150,000 SH SOLE 150,000 0 0
CSG SYS INTL INC NOTE 3.875% 9/1 126349AH2 21,610,461 20,000,000 PRN SOLE 20,000,000 0 0
DATADOG INC CL A COM 23804L103 615,102 6,200 SH Call SOLE 6,200 0 0
DATADOG INC CL A COM 23804L103 892,890 9,000 SH Put SOLE 9,000 0 0
DATADOG INC CL A COM 23804L103 2,764,387 27,864 SH SOLE 27,864 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 710,680 16,300 SH Put SOLE 16,300 0 0
DUTCH BROS INC CL A 26701L100 12,348,000 200,000 SH SOLE 200,000 0 0
ENCORE CAP GROUP INC NOTE 4.000% 3/1 292554AP7 13,005,893 14,250,000 PRN SOLE 14,250,000 0 0
EQUINIX INC COM 29444U700 8,479,640 10,400 SH Put SOLE 10,400 0 0
ETF SER SOLUTIONS US GLB JETS 26922A842 11,143,105 536,500 SH Put SOLE 536,500 0 0
ETSY INC NOTE 0.250% 6/1 29786AAN6 11,788,653 13,868,000 PRN SOLE 13,868,000 0 0
FIDELITY ETHEREUM FD SHS 31613E103 5,781,472 316,793 SH SOLE 316,793 0 0
FIDELITY WISE ORIGIN BITCOIN SHS 315948109 31,714,732 440,666 SH SOLE 440,666 0 0
FIRST MAJESTIC SILVER CORP NOTE 0.375% 1/1 32076VAD5 23,443,757 24,957,000 PRN SOLE 24,957,000 0 0
FIRSTENERGY CORP NOTE 4.000% 5/0 337932AR8 36,889,284 36,408,000 PRN SOLE 36,408,000 0 0
FORTREA HLDGS INC COMMON STOCK 34965K107 1,449,540 191,992 SH SOLE 191,992 0 0
FRESHPET INC NOTE 3.000% 4/0 358039AB1 36,348,934 25,645,000 PRN SOLE 25,645,000 0 0
GATES INDL CORP PLC ORD SHS G39108108 3,682,000 200,000 SH SOLE 200,000 0 0
GLOBAL PMTS INC COM 37940X102 1,615,680 16,500 SH Call SOLE 16,500 0 0
GLOBAL PMTS INC COM 37940X102 1,615,680 16,500 SH Put SOLE 16,500 0 0
GLOBAL PMTS INC COM 37940X102 8,459,896 86,396 SH SOLE 86,396 0 0
HCI GROUP INC NOTE 4.750% 6/0 40416EAF0 65,124,224 34,539,000 PRN SOLE 34,539,000 0 0
HESS CORP COM 42809H107 1,174,957,907 7,355,900 SH SOLE 7,355,900 0 0
HEWLETT PACKARD ENTERPRISE C 7.625 MAND CONV 42824C208 7,184,287 150,000 SH SOLE 150,000 0 0
IMPINJ INC NOTE 1.125% 5/1 453204AD1 27,357,599 24,130,000 PRN SOLE 24,130,000 0 0
INFINERA CORP NOTE 2.500% 3/0 45667GAE3 52,199,275 43,131,000 PRN SOLE 43,131,000 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 10,363,132 22,100 SH Put SOLE 22,100 0 0
ISHARES BITCOIN TRUST ETF SHS BEN INT 46438F101 24,874,834 531,400 SH Put SOLE 531,400 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 20,175,925 780,500 SH Put SOLE 780,500 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 20,175,925 780,500 SH SOLE 780,500 0 0
ISHARES SILVER TR ISHARES 46428Q109 3,154,782 101,800 SH Put SOLE 101,800 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 140,520,756 704,400 SH Put SOLE 704,400 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 40,872,708 204,886 SH SOLE 204,886 0 0
ISHARES TR U.S. REAL ES ETF 464287739 823,450 8,600 SH Put SOLE 8,600 0 0
KARMAN HLDGS INC COMMON STOCK 485924104 3,342,000 100,000 SH SOLE 100,000 0 0
KKR & CO INC 6.25 CON SER D 48251W500 2,155,078 44,000 SH SOLE 44,000 0 0
KOSMOS ENERGY LTD NOTE 3.125% 3/1 500688AH9 30,598,616 40,000,000 PRN SOLE 40,000,000 0 0
KRANESHARES TRUST CSI CHI INTERNET 500767306 6,982,000 200,000 SH Put SOLE 200,000 0 0
LANTHEUS HLDGS INC NOTE 2.625%12/1 516544AB9 35,355,678 25,000,000 PRN SOLE 25,000,000 0 0
LCI INDS COM 50189K103 2,061,599 23,580 SH SOLE 23,580 0 0
LEIDOS HOLDINGS INC COM 525327102 12,252,552 90,800 SH Put SOLE 90,800 0 0
LENNAR CORP CL A 526057104 6,783,498 59,100 SH Put SOLE 59,100 0 0
LIBERTY MEDIA CORP DEL COM LBTY LIV S A 531229748 10,966,104 163,089 SH SOLE 163,089 0 0
LIBERTY MEDIA CORP DEL NOTE 3.750% 3/1 531229AP7 15,113,902 14,600,000 PRN SOLE 14,600,000 0 0
LIFE TIME GROUP HOLDINGS INC COMMON STOCK 53190C102 1,208,000 40,000 SH SOLE 40,000 0 0
LIONS GATE ENTMNT CORP CL B NON VTG 535919500 3,002,971 379,163 SH SOLE 379,163 0 0
LIVE OAK ACQUISITION CORP V UNIT 02/20/2030 G5509P128 4,032,000 400,000 SH SOLE 400,000 0 0
LPL FINL HLDGS INC COM 50212V100 3,271,400 10,000 SH SOLE 10,000 0 0
MAGNERA CORP COM SHS 55939A107 5,049,733 278,069 SH SOLE 278,069 0 0
MARRIOTT VACATIONS WORLDWIDE NOTE 3.250%12/1 57164YAF4 18,049,688 19,500,000 PRN SOLE 19,500,000 0 0
MERITAGE HOMES CORP COM 59001A102 368,576 5,200 SH Call SOLE 5,200 0 0
MERITAGE HOMES CORP COM 59001A102 368,576 5,200 SH Put SOLE 5,200 0 0
MERITAGE HOMES CORP COM 59001A102 1,223,814 17,266 SH SOLE 17,266 0 0
META PLATFORMS INC CL A 30303M102 131,986,440 229,000 SH Put SOLE 229,000 0 0
META PLATFORMS INC CL A 30303M102 309,505 537 SH SOLE 537 0 0
MICROSOFT CORP COM 594918104 1,163,709 3,100 SH Put SOLE 3,100 0 0
MICROSOFT CORP COM 594918104 233,493 622 SH SOLE 622 0 0
MICROSTRATEGY INC CL A NEW 594972408 78,063,516 270,800 SH Put SOLE 270,800 0 0
MICROSTRATEGY INC NOTE 0.625% 3/1 594972AJ0 71,460,720 35,109,000 PRN SOLE 35,109,000 0 0
MILLROSE PPTYS INC COM CL A 601137102 10,604,000 400,000 SH SOLE 400,000 0 0
NABORS INDS INC NOTE 1.750% 6/1 62957HAL9 3,369,201 5,000,000 PRN SOLE 5,000,000 0 0
NEWS CORP NEW CL A 65249B109 30,214,200 1,110,000 SH SOLE 1,110,000 0 0
NEXTERA ENERGY INC COM 65339F101 1,098,795 15,500 SH Call SOLE 15,500 0 0
NEXTERA ENERGY INC COM 65339F101 1,098,795 15,500 SH Put SOLE 15,500 0 0
NEXTERA ENERGY INC UNIT 06/01/2027 65339F663 7,232,250 150,000 SH SOLE 150,000 0 0
NIO INC NOTE 4.625%10/1 62914VAK2 16,242,160 23,300,000 PRN SOLE 23,300,000 0 0
NIO INC SPON ADS 62914V106 1,436,370 377,000 SH Put SOLE 377,000 0 0
NVIDIA CORPORATION COM 67066G104 12,788,840 118,000 SH Put SOLE 118,000 0 0
NVIDIA CORPORATION COM 67066G104 460,073 4,245 SH SOLE 4,245 0 0
OAKTREE SPECIALTY LENDING CO COM 67401P405 681,984 44,400 SH Put SOLE 44,400 0 0
PAR TECHNOLOGY CORP NOTE 1.500%10/1 698884AE3 21,318,056 19,882,000 PRN SOLE 19,882,000 0 0
PAR TECHNOLOGY CORP NOTE 2.875% 4/1 698884AC7 7,124,820 4,830,000 PRN SOLE 4,830,000 0 0
PARAMOUNT GROUP INC COM 69924R108 12,004,628 2,791,774 SH SOLE 2,791,774 0 0
PELOTON INTERACTIVE INC CL A COM 70614W100 2,893,296 457,800 SH Call SOLE 457,800 0 0
PELOTON INTERACTIVE INC CL A COM 70614W100 1,253,231 198,296 SH SOLE 198,296 0 0
PENNYMAC CORP NOTE 5.500% 3/1 70932AAF0 21,652,239 21,840,000 PRN SOLE 21,840,000 0 0
PENNYMAC MTG INVT TR COM 70931T103 11,891,405 811,700 SH Put SOLE 811,700 0 0
PG&E CORP PFD CONV SER A 69331C306 4,404,869 100,000 SH SOLE 100,000 0 0
PROLOGIS INC. COM 74340W103 7,825,300 70,000 SH Put SOLE 70,000 0 0
QUIDELORTHO CORP COM 219798105 16,880,054 482,701 SH SOLE 482,701 0 0
REDWOOD TRUST INC COM 758075402 1,517,500 250,000 SH Put SOLE 250,000 0 0
REDWOOD TRUST INC NOTE 7.750% 6/1 758075AF2 2,484,000 2,500,000 PRN SOLE 2,500,000 0 0
REXFORD INDL RLTY INC COM 76169C100 1,957,500 50,000 SH Put SOLE 50,000 0 0
ROCKET LAB USA INC COM 773122106 178,800 10,000 SH Put SOLE 10,000 0 0
RWT HLDGS INC NOTE 5.750%10/0 749772AD1 9,027,926 9,056,000 PRN SOLE 9,056,000 0 0
SAILPOINT INC COM 78781J109 6,562,500 350,000 SH SOLE 350,000 0 0
SANDISK CORP COM 80004C200 3,427,920 72,000 SH Put SOLE 72,000 0 0
SANDISK CORP COM 80004C200 9,956,251 209,121 SH SOLE 209,121 0 0
SCHLUMBERGER LTD COM STK 806857108 24,443,344 584,769 SH SOLE 584,769 0 0
SCIENCE APPLICATIONS INTL CO COM 808625107 8,117,121 72,300 SH Put SOLE 72,300 0 0
SIRIUSXM HOLDINGS INC COMMON STOCK 829933100 4,330,895 192,100 SH Call SOLE 192,100 0 0
SIRIUSXM HOLDINGS INC COMMON STOCK 829933100 14,475,806 642,085 SH SOLE 642,085 0 0
SIX FLAGS ENTERTAINMENT CORP COM 83001C108 16,037,981 449,621 SH SOLE 449,621 0 0
SMITHFIELD FOODS INC COM 832248207 4,078,000 200,000 SH SOLE 200,000 0 0
SNAP INC NOTE 0.250% 5/0 83304AAD8 6,200,999 6,232,000 PRN SOLE 6,232,000 0 0
SOLVENTUM CORP COM SHS 83444M101 26,435,610 347,654 SH SOLE 347,654 0 0
SOUTHERN COPPER CORP COM 84265V105 2,803,800 30,000 SH Put SOLE 30,000 0 0
SOUTHWEST AIRLS CO COM 844741108 638,020 19,000 SH Put SOLE 19,000 0 0
SPDR GOLD TR GOLD SHS 78463V107 94,394,664 327,600 SH Put SOLE 327,600 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 83,908,500 150,000 SH Call SOLE 150,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 191,647,014 342,600 SH Put SOLE 342,600 0 0
SPDR SER TR S&P OILGAS EXP 78468R556 33,190,920 252,000 SH Put SOLE 252,000 0 0
SPIRIT AEROSYSTEMS INC NOTE 3.250%11/0 85205TAQ3 25,991,456 19,000,000 PRN SOLE 19,000,000 0 0
SURGERY PARTNERS INC COM 86881A100 5,483,875 230,900 SH Put SOLE 230,900 0 0
SURGERY PARTNERS INC COM 86881A100 10,329,231 434,915 SH SOLE 434,915 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 59,096,000 356,000 SH Put SOLE 356,000 0 0
TARGET HOSPITALITY CORP COM 87615L107 1,736,462 263,900 SH Put SOLE 263,900 0 0
TESLA INC COM 88160R101 3,109,920 12,000 SH Put SOLE 12,000 0 0
TESLA INC COM 88160R101 648,418 2,502 SH SOLE 2,502 0 0
TRIP COM GROUP LTD ADS 89677Q107 23,117,688 363,600 SH Put SOLE 363,600 0 0
TRIPADVISOR INC COM 896945201 2,856,672 201,600 SH Call SOLE 201,600 0 0
TRIPADVISOR INC COM 896945201 7,141,680 504,000 SH Put SOLE 504,000 0 0
TRIPADVISOR INC COM 896945201 7,085,000 500,000 SH SOLE 500,000 0 0
TWO HARBORS INVENTMENT CORPO NOTE 6.250% 1/1 90187BAB7 57,904,043 58,122,000 PRN SOLE 58,122,000 0 0
TWO HBRS INVT CORP COM 90187B804 5,344,000 400,000 SH Call SOLE 400,000 0 0
UBER TECHNOLOGIES INC COM 90353T100 3,839,722 52,700 SH Call SOLE 52,700 0 0
UBER TECHNOLOGIES INC COM 90353T100 5,479,072 75,200 SH Put SOLE 75,200 0 0
UBER TECHNOLOGIES INC COM 90353T100 33,871,375 464,883 SH SOLE 464,883 0 0
VALE S A SPONSORED ADS 91912E105 15,069,800 1,510,000 SH Put SOLE 1,510,000 0 0
VALE S A SPONSORED ADS 91912E105 15,069,800 1,510,000 SH SOLE 1,510,000 0 0
VENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 92277GAZ0 18,692,092 14,500,000 PRN SOLE 14,500,000 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104 16,953,400 1,580,000 SH SOLE 1,580,000 0 0
WAYFAIR INC NOTE 3.500%11/1 94419LAR2 21,202,333 19,805,000 PRN SOLE 19,805,000 0 0
WELLTOWER INC COM 95040Q104 275,778 1,800 SH Call SOLE 1,800 0 0
WELLTOWER INC COM 95040Q104 275,778 1,800 SH Put SOLE 1,800 0 0
WESTERN DIGITAL CORP COM 958102105 7,517,797 185,946 SH SOLE 185,946 0 0
WOLFSPEED INC NOTE 1.875%12/0 977852AD4 1,615,342 7,150,000 PRN SOLE 7,150,000 0 0
ZTO EXPRESS CAYMAN INC NOTE 1.500% 9/0 98980AAB1 15,077,759 15,000,000 PRN SOLE 15,000,000 0 0