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
BARCLAYS BK PLC IPATH B SHRT TRM 06746P621 4,499 153,770 SH   SOLE   153,770 0 0
BARCLAYS BK PLC IPATH B SHRT TRM 06746P621 9,673 330,600 SH Put SOLE   0 0 0
INVESCO CURRENCYSHARES EURO EURO SHS 46138K103 4,997 46,700 SH Put SOLE   0 0 0
INVESCO CURRENCYSHARES EURO EURO SHS 46138K103 1,629 15,220 SH   SOLE   15,220 0 0
INVESCO CURRENCYSHARES EURO EURO SHS 46138K103 4,997 46,700 SH Call SOLE   0 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 4,046 22,518 SH   SOLE   22,518 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 9,450 52,600 SH Put SOLE   0 0 0
ISHARES INC MSCI STH KOR ETF 464286772 2,548 41,800 SH Call SOLE   0 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 2,630 64,200 SH Put SOLE   0 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 11,217 273,600 SH Call SOLE   0 0 0
ISHARES INC MSCI STH KOR ETF 464286772 4,046 66,400 SH Put SOLE   0 0 0
ISHARES INC MSCI STH KOR ETF 464286772 3,371 55,313 SH   SOLE   55,313 0 0
ISHARES INC MSCI GERMANY ETF 464286806 2,242 83,300 SH Call SOLE   0 0 0
ISHARES INC MSCI GERMANY ETF 464286806 298 11,060 SH   SOLE   11,060 0 0
ISHARES INC MSCI GERMANY ETF 464286806 1,973 73,300 SH Put SOLE   0 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 3,924 71,700 SH Call SOLE   0 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 5,560 101,600 SH Put SOLE   0 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 6,851 159,600 SH Put SOLE   0 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 16,073 374,500 SH Call SOLE   0 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 1,362 8,900 SH Call SOLE   0 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 404 2,638 SH   SOLE   2,638 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 2,619 17,100 SH Put SOLE   0 0 0
ISHARES TR U.S. REAL ES ETF 464287739 218 2,500 SH Call SOLE   0 0 0
ISHARES TR U.S. REAL ES ETF 464287739 2,608 29,967 SH   SOLE   29,967 0 0
ISHARES TR U.S. REAL ES ETF 464287739 766 8,800 SH Put SOLE   0 0 0
ISHARES TR 20 YR TR BD ETF 464287432 108,181 855,600 SH Call SOLE   0 0 0
ISHARES TR 20 YR TR BD ETF 464287432 5,556 43,941 SH   SOLE   43,941 0 0
ISHARES TR 20 YR TR BD ETF 464287432 149,894 1,185,500 SH Put SOLE   0 0 0
ISHARES TR MSCI EAFE ETF 464287465 357 5,500 SH Put SOLE   0 0 0
ISHARES TR MSCI EAFE ETF 464287465 5,098 78,600 SH Call SOLE   0 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 10,323 233,200 SH Put SOLE   0 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 17,753 401,000 SH Call SOLE   0 0 0
ISHARES TR IBOXX HI YD ETF 464288513 236 2,730 SH   SOLE   2,730 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 2,069 18,170 SH   SOLE   18,170 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 1,761 31,400 SH Call SOLE   0 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 624 11,100 SH Put SOLE   0 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 23,361 315,700 SH Put SOLE   0 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506 1,233 18,645 SH   SOLE   18,645 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 22,416 244,300 SH Call SOLE   0 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 15,423 168,100 SH Put SOLE   0 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 1,665 30,000 SH Call SOLE   0 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 318 5,726 SH   SOLE   5,726 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 611 11,000 SH Put SOLE   0 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 14,184 191,700 SH Call SOLE   0 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 639 2,466 SH   SOLE   2,466 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 12,575 138,900 SH Put SOLE   0 0 0
SPDR SERIES TRUST S&P HOMEBUILD 78464A888 3,239 84,032 SH   SOLE   84,032 0 0
SPDR SERIES TRUST S&P METALS MNG 78464A755 457 15,400 SH Call SOLE   0 0 0
SPDR SERIES TRUST S&P METALS MNG 78464A755 144 4,860 SH   SOLE   4,860 0 0
SPDR SERIES TRUST S&P METALS MNG 78464A755 457 15,400 SH Put SOLE   0 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 20,910 680,200 SH Call SOLE   0 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 13,113 426,600 SH Put SOLE   0 0 0
SPDR SERIES TRUST S&P RETAIL ETF 78464A714 3,275 72,751 SH   SOLE   72,751 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 1,591 31,000 SH Call SOLE   0 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 801 15,600 SH Put SOLE   0 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 18,407 203,300 SH Call SOLE   0 0 0
UNITED STATES NATL GAS FUND UNIT PAR 912318300 3,005 128,000 SH Put SOLE   0 0 0
UNITED STATES NATL GAS FUND UNIT PAR 912318300 2,325 99,000 SH Call SOLE   0 0 0
UNITED STATES NATL GAS FUND UNIT PAR 912318300 1,913 81,459 SH   SOLE   81,459 0 0
UNITED STATES OIL FUND LP UNITS 91232N108 1,597 127,737 SH   SOLE   127,737 0 0
VANECK VECTORS ETF TR OIL SVCS ETF 92189F718 1,809 105,000 SH Call SOLE   0 0 0
VANECK VECTORS ETF TR OIL SVCS ETF 92189F718 58 3,351 SH   SOLE   3,351 0 0
VANECK VECTORS ETF TR OIL SVCS ETF 92189F718 1,990 115,500 SH Put SOLE   0 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 1,027 45,800 SH Call SOLE   0 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 1,027 45,800 SH Put SOLE   0 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 34,377 1,083,400 SH Call SOLE   0 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 23,563 742,600 SH Put SOLE   0 0 0
VANECK VECTORS ETF TR SEMICONDUCTOR ET 92189F676 43,734 411,300 SH Call SOLE   0 0 0
VANECK VECTORS ETF TR SEMICONDUCTOR ET 92189F676 40,915 384,800 SH Put SOLE   0 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 229 5,390 SH   SOLE   5,390 0 0