Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	BLACKSTONE INC	75,300	$8.861M	0.1%	—	—	CALL	09260D907
—	CARNIVAL CORP LTD	307,700	$8.791M	0.1%	—	—	PUT	G2004J953
SBUX	STARBUCKS CORP	69,021	$7.053M	0.1%	—	—	—	855244109
—	DATADOG INC	23,500	$6.118M	0.1%	—	—	CALL	23804L903
—	HUMANA INC	14,500	$5.76M	0.0%	—	—	CALL	444859902
SNDK	SANDISK CORP	2,467	$5.609M	0.0%	—	—	—	80004C200
—	ROUNDHILL ETF TRUST	62,500	$4.614M	0.0%	—	—	PUT	77926X955
—	STMICROELECTRONICS N V	55,500	$4.156M	0.0%	—	—	CALL	861012902
—	OKLO INC	49,400	$2.585M	0.0%	—	—	CALL	02156V909
—	SPACE EXPLORATION TECHN CORP	14,000	$2.392M	0.0%	—	—	CALL	84615Q903
—	TEXAS INSTRS INC	8,000	$2.385M	0.0%	—	—	CALL	882508904
—	CARNIVAL CORP LTD	79,600	$2.274M	0.0%	—	—	CALL	G2004J903
—	BOEING CO	10,200	$2.208M	0.0%	—	—	PUT	097023955
B	BARRICK MNG CORP	59,218	$2.175M	0.0%	—	—	—	06849F108
PBR	PETROLEO BRASILEIRO S A	134,494	$2.173M	0.0%	—	—	—	71654V408
JD	JD.COM INC	83,864	$2.137M	0.0%	—	—	—	47215P106
—	NEWMONT CORP	21,900	$2.045M	0.0%	—	—	CALL	651639906
—	OKLO INC	36,200	$1.894M	0.0%	—	—	PUT	02156V959
NIO	NIO INC	370,762	$1.876M	0.0%	—	—	—	62914V106
—	VISA INC	5,400	$1.853M	0.0%	—	—	PUT	92826C959
—	TEXAS INSTRS INC	6,100	$1.818M	0.0%	—	—	PUT	882508954
—	TARGET CORP	13,200	$1.724M	0.0%	—	—	CALL	87612E906
WYNN	WYNN RESORTS LTD	16,217	$1.575M	0.0%	—	—	—	983134107
DRAM	ROUNDHILL ETF TRUST	19,517	$1.441M	0.0%	—	—	—	77926X320
BAC	BANK OF AMER CORP	24,811	$1.414M	0.0%	—	—	—	060505104
AMAT	APPLIED MATLS INC	1,924	$1.391M	0.0%	—	—	—	038222105
—	DATADOG INC	5,000	$1.302M	0.0%	—	—	PUT	23804L953
—	WHIRLPOOL CORP	32,000	$1.261M	0.0%	—	—	CALL	963320906
—	SPACE EXPLORATION TECHN CORP	7,100	$1.213M	0.0%	—	—	PUT	84615Q953
—	UNITY SOFTWARE INC	41,000	$1.172M	0.0%	—	—	CALL	91332U901
—	QUANTUMSCAPE CORP	129,200	$976K	0.0%	—	—	CALL	74767V909
—	LAUDER ESTEE COS INC	12,100	$955K	0.0%	—	—	CALL	518439904
—	VISA INC	2,700	$926K	0.0%	—	—	CALL	92826C909
—	ROUNDHILL ETF TRUST	12,500	$923K	0.0%	—	—	CALL	77926X905
—	SOUNDHOUND AI INC	135,900	$879K	0.0%	—	—	CALL	836100907
—	BOEING CO	4,000	$866K	0.0%	—	—	CALL	097023905
—	LAS VEGAS SANDS CORP	18,700	$864K	0.0%	—	—	PUT	517834957
—	GLOBALFOUNDRIES INC	9,400	$775K	0.0%	—	—	PUT	G39387958
—	STMICROELECTRONICS N V	10,100	$756K	0.0%	—	—	PUT	861012952
XLE	SELECT SECTOR SPDR TR	14,081	$748K	0.0%	—	—	—	81369Y506
TSM	TAIWAN SEMICONDUCTOR MANUFAC	1,355	$647K	0.0%	—	—	—	874039100
GWW	WW GRAINGER INC	474	$645K	0.0%	—	—	—	384802104
—	MASTERCARD INCORPORATED	1,200	$616K	0.0%	—	—	CALL	57636Q904
BA	BOEING CO	2,666	$577K	0.0%	—	—	—	097023105
V	VISA INC	1,602	$550K	0.0%	—	—	—	92826C839
ADI	ANALOG DEVICES INC	1,364	$542K	0.0%	—	—	—	032654105
—	UPSTART HLDGS INC	15,000	$531K	0.0%	—	—	CALL	91680M907
NVO	NOVO-NORDISK A S	10,978	$526K	0.0%	—	—	—	670100205
NKE	NIKE INC	12,800	$525K	0.0%	—	—	—	654106103
—	IONQ INC	9,800	$522K	0.0%	—	—	CALL	46222L908
TXN	TEXAS INSTRS INC	1,607	$479K	0.0%	—	—	—	882508104
PFE	PFIZER INC	18,782	$452K	0.0%	—	—	—	717081103
DIS	DISNEY WALT CO	4,060	$391K	0.0%	—	—	—	254687106
—	HOME DEPOT INC	1,000	$353K	0.0%	—	—	CALL	437076902
—	QUANTUMSCAPE CORP	43,900	$332K	0.0%	—	—	PUT	74767V959
—	ASANA INC	45,000	$315K	0.0%	—	—	CALL	04342Y904
—	KE HLDGS INC	21,600	$314K	0.0%	—	—	CALL	482497904
—	IONQ INC	5,500	$293K	0.0%	—	—	PUT	46222L958
—	CELSIUS HLDGS INC	10,000	$293K	0.0%	—	—	PUT	15118V957
HOOD	ROBINHOOD MKTS INC	2,847	$285K	0.0%	—	—	—	770700102
CVX	CHEVRON CORPORATION	1,618	$268K	0.0%	—	—	—	166764100
NXPI	NXP SEMICONDUCTORS N V	924	$260K	0.0%	—	—	—	N6596X109
—	FEDEX FGHT HLDG CO INC	1,600	$242K	0.0%	—	—	CALL	314352905
GM	GENERAL MTRS CO	2,769	$213K	0.0%	—	—	—	37045V100
CRWV	COREWEAVE INC	2,102	$209K	0.0%	—	—	—	21873S108
CCL	CARNIVAL CORP LTD	7,274	$208K	0.0%	—	—	—	G2004J103
—	TMC THE METALS COMPANY INC	45,000	$199K	0.0%	—	—	CALL	87261Y906
—	ISHARES ETHEREUM TR	12,600	$150K	0.0%	—	—	CALL	46438R905

Increased Positions (134)

— GOLDMAN SACHS GROUP INC 11.9%

Value $1.402B (+35.2%) Shares 1,386,500 (+13.1%) Est. Cost — Unrealized —

— GOLDMAN SACHS GROUP INC 3.9%

Value $465M (+189.2%) Shares 459,700 (+141.9%) Est. Cost — Unrealized —

— ADOBE INC 2.4%

Value $281M (+258.2%) Shares 1,369,100 (+324.7%) Est. Cost — Unrealized —

— MICRON TECHNOLOGY INC 2.0%

Value $237M (+248.1%) Shares 205,300 (+1.9%) Est. Cost — Unrealized —

— ALPHABET INC 3.6%

Value $428M (+44.4%) Shares 1,198,600 (+16.2%) Est. Cost — Unrealized —

— TESLA INC 2.8%

Value $326M (+55.9%) Shares 774,600 (+37.8%) Est. Cost — Unrealized —

— ADVANCED MICRO DEVICES INC 1.4%

Value $169M (+196.3%) Shares 290,200 (+3.8%) Est. Cost — Unrealized —

— ISHARES TR 1.4%

Value $160M (+213.1%) Shares 2,344,900 (+159.9%) Est. Cost — Unrealized —

— APPLE INC 3.3%

Value $385M (+33.6%) Shares 1,329,600 (+17.1%) Est. Cost — Unrealized —

— AMAZON COM INC 2.1%

Value $251M (+52.6%) Shares 1,051,900 (+33.4%) Est. Cost — Unrealized —

— MICROSOFT CORP 2.2%

Value $255M (+49.5%) Shares 684,700 (+48.4%) Est. Cost — Unrealized —

— MICROSOFT CORP 1.7%

Value $205M (+57.7%) Shares 550,400 (+56.5%) Est. Cost — Unrealized —

— DELL TECHNOLOGIES INC 0.8%

Value $94.4M (+195.4%) Shares 218,800 (+12.4%) Est. Cost — Unrealized —

— ARM HOLDINGS PLC 0.7%

Value $82.93M (+240.3%) Shares 233,900 (+45.2%) Est. Cost — Unrealized —

— TESLA INC 1.7%

Value $199M (+36.5%) Shares 472,100 (+20.6%) Est. Cost — Unrealized —

— PALANTIR TECHNOLOGIES INC 0.7%

Value $80.82M (+154.0%) Shares 692,700 (+218.5%) Est. Cost — Unrealized —

— ARM HOLDINGS PLC 0.6%

Value $72.94M (+183.9%) Shares 205,700 (+21.1%) Est. Cost — Unrealized —

— MARVELL TECHNOLOGY INC 0.5%

Value $55.77M (+260.4%) Shares 187,200 (+19.8%) Est. Cost — Unrealized —

— SALESFORCE INC 0.7%

Value $84.99M (+87.0%) Shares 542,500 (+122.8%) Est. Cost — Unrealized —

— PALANTIR TECHNOLOGIES INC 0.8%

Value $97.79M (+61.8%) Shares 838,200 (+102.9%) Est. Cost — Unrealized —

— SANDISK CORP 0.4%

Value $45.48M (+438.2%) Shares 20,000 (+50.4%) Est. Cost — Unrealized —

— SPDR GOLD TR 1.8%

Value $213M (-12.8%) Shares 579,300 (+1.8%) Est. Cost — Unrealized —

— MARVELL TECHNOLOGY INC 0.3%

Value $40.27M (+298.2%) Shares 135,200 (+32.4%) Est. Cost — Unrealized —

— QUALCOMM INC 0.4%

Value $43.83M (+217.8%) Shares 237,200 (+121.5%) Est. Cost — Unrealized —

— QUALCOMM INC 0.3%

Value $36.05M (+243.1%) Shares 195,100 (+139.1%) Est. Cost — Unrealized —

— BARRICK MNG CORP 0.2%

Value $26.87M (+1826.3%) Shares 731,600 (+2039.2%) Est. Cost — Unrealized —

— ASML HLDG NV 0.5%

Value $58.09M (+78.1%) Shares 29,200 (+18.2%) Est. Cost — Unrealized —

— PDD HOLDINGS INC 0.7%

Value $79.82M (+46.3%) Shares 1,046,400 (+96.0%) Est. Cost — Unrealized —

— ASML HLDG NV 0.5%

Value $54.31M (+69.2%) Shares 27,300 (+12.3%) Est. Cost — Unrealized —

— STATE STR SPDR S&P 500 ETF T 0.3%

Value $41.15M (+113.8%) Shares 55,100 (+86.1%) Est. Cost — Unrealized —

— BROADCOM INC 0.8%

Value $93.3M (+29.8%) Shares 247,000 (+6.4%) Est. Cost — Unrealized —

— APPLE INC 0.8%

Value $91.93M (+29.9%) Shares 317,700 (+14.0%) Est. Cost — Unrealized —

— T-MOBILE US INC 0.2%

Value $19.46M (+1370.7%) Shares 116,000 (+1741.3%) Est. Cost — Unrealized —

— INTERNATIONAL BUSINESS MACHS 0.2%

Value $21.65M (+407.6%) Shares 77,000 (+337.5%) Est. Cost — Unrealized —

— BANK OF AMER CORP 0.3%

Value $36.73M (+56.9%) Shares 644,600 (+34.2%) Est. Cost — Unrealized —

— KLA CORP 0.2%

Value $18.13M (+224.1%) Shares 60,100 (+1481.6%) Est. Cost — Unrealized —

— SNOWFLAKE INC 0.1%

Value $16.8M (+293.6%) Shares 66,000 (+133.2%) Est. Cost — Unrealized —

— WYNN RESORTS LTD 0.2%

Value $29.12M (+65.6%) Shares 299,900 (+73.2%) Est. Cost — Unrealized —

— PDD HOLDINGS INC 0.2%

Value $29.28M (+62.7%) Shares 383,900 (+117.9%) Est. Cost — Unrealized —

— AMERICAN AIRLINES GROUP INC 0.1%

Value $13.05M (+407.4%) Shares 722,200 (+201.5%) Est. Cost — Unrealized —

— GENERAL MTRS CO 0.1%

Value $11.14M (+510.3%) Shares 144,500 (+489.8%) Est. Cost — Unrealized —

— RIVIAN AUTOMOTIVE INC 0.4%

Value $46.93M (+23.0%) Shares 2,705,000 (+6.7%) Est. Cost — Unrealized —

— INTERNATIONAL BUSINESS MACHS 0.2%

Value $21.15M (+70.7%) Shares 75,200 (+47.2%) Est. Cost — Unrealized —

— BARRICK MNG CORP 0.1%

Value $9.671M (+953.5%) Shares 263,300 (+1070.2%) Est. Cost — Unrealized —

AAPL APPLE INC 0.1%

Value $10.04M (+415.8%) Shares 34,687 (+352.5%) Est. Cost — Unrealized —

— SALESFORCE INC 0.2%

Value $27.21M (+41.7%) Shares 173,700 (+68.8%) Est. Cost — Unrealized —

— FORD MTR CO 0.1%

Value $11.59M (+214.0%) Shares 833,600 (+160.7%) Est. Cost — Unrealized —

— WYNN RESORTS LTD 0.1%

Value $10.8M (+199.5%) Shares 111,200 (+213.2%) Est. Cost — Unrealized —

— UBER TECHNOLOGIES INC 0.1%

Value $10.82M (+186.7%) Shares 150,000 (+185.7%) Est. Cost — Unrealized —

— ALIBABA GROUP HLDG LTD 0.4%

Value $51.03M (-12.1%) Shares 531,700 (+14.9%) Est. Cost — Unrealized —

— FORD MTR CO 0.1%

Value $11.05M (+148.2%) Shares 795,300 (+106.0%) Est. Cost — Unrealized —

— PALO ALTO NETWORKS INC 0.1%

Value $7.537M (+581.5%) Shares 22,100 (+220.3%) Est. Cost — Unrealized —

— NXP SEMICONDUCTORS N V 0.1%

Value $14.73M (+76.4%) Shares 52,400 (+23.6%) Est. Cost — Unrealized —

— CENTENE CORP DEL 0.1%

Value $7.549M (+509.8%) Shares 117,600 (+211.1%) Est. Cost — Unrealized —

MSFT MICROSOFT CORP 0.1%

Value $10.83M (+124.7%) Shares 29,036 (+122.9%) Est. Cost — Unrealized —

— NETFLIX INC. 0.3%

Value $38.95M (-12.8%) Shares 545,500 (+17.5%) Est. Cost — Unrealized —

— WESTERN DIGITAL CORP 0.1%

Value $8.495M (+168.4%) Shares 13,300 (+13.7%) Est. Cost — Unrealized —

— FREEPORT MCMORAN INC 0.2%

Value $20.45M (+35.2%) Shares 325,100 (+26.4%) Est. Cost — Unrealized —

— ELI LILLY & CO 0.0%

Value $5.757M (+525.8%) Shares 4,800 (+380.0%) Est. Cost — Unrealized —

SNOW SNOWFLAKE INC 0.0%

Value $5.796M (+502.5%) Shares 22,776 (+257.0%) Est. Cost — Unrealized —

— FREEPORT MCMORAN INC 0.3%

Value $35.48M (+15.3%) Shares 564,100 (+7.8%) Est. Cost — Unrealized —

— UNITEDHEALTH GROUP INC 0.1%

Value $6.816M (+222.9%) Shares 16,400 (+110.3%) Est. Cost — Unrealized —

— AIRBNB INC 0.3%

Value $29.69M (+18.8%) Shares 207,500 (+4.8%) Est. Cost — Unrealized —

— DISNEY WALT CO 0.2%

Value $21.31M (+25.8%) Shares 221,400 (+26.0%) Est. Cost — Unrealized —

— VALE S A 0.3%

Value $31.09M (+16.4%) Shares 2,067,200 (+23.1%) Est. Cost — Unrealized —

— TARGET CORP 0.1%

Value $8.751M (+95.2%) Shares 67,000 (+81.1%) Est. Cost — Unrealized —

— BAIDU INC 0.1%

Value $9.155M (+81.8%) Shares 80,100 (+77.2%) Est. Cost — Unrealized —

— WW GRAINGER INC 0.1%

Value $17.41M (+30.8%) Shares 12,800 (+4.9%) Est. Cost — Unrealized —

— BAIDU INC 0.1%

Value $12.69M (+47.1%) Shares 111,000 (+43.4%) Est. Cost — Unrealized —

— KRANESHARES TRUST 0.1%

Value $15.27M (+34.0%) Shares 624,100 (+55.6%) Est. Cost — Unrealized —

— PETROLEO BRASILEIRO S A 0.2%

Value $24.11M (-13.1%) Shares 1,492,100 (+11.9%) Est. Cost — Unrealized —

GOOGL ALPHABET INC 0.0%

Value $4.867M (+224.5%) Shares 13,620 (+161.0%) Est. Cost — Unrealized —

— SELECT SECTOR SPDR TR 0.4%

Value $50.38M (-6.0%) Shares 948,500 (+8.4%) Est. Cost — Unrealized —

SHOP SHOPIFY INC 0.0%

Value $3.435M (+1567.5%) Shares 30,080 (+1628.7%) Est. Cost — Unrealized —

— JD.COM INC 0.1%

Value $12.24M (+35.0%) Shares 480,300 (+56.7%) Est. Cost — Unrealized —

— WORTHINGTON ENTERPRISES INC 0.0%

Value $2.812M (+937.6%) Shares 52,300 (+905.8%) Est. Cost — Unrealized —

— ISHARES SILVER TR 0.2%

Value $17.84M (+15.6%) Shares 333,700 (+47.3%) Est. Cost — Unrealized —

F FORD MTR CO 0.0%

Value $2.636M (+906.1%) Shares 189,656 (+735.9%) Est. Cost — Unrealized —

PYPL PAYPAL HLDGS INC 0.0%

Value $4.071M (+127.2%) Shares 94,279 (+138.0%) Est. Cost — Unrealized —

— PFIZER INC 0.1%

Value $13.11M (+20.4%) Shares 544,400 (+40.4%) Est. Cost — Unrealized —

— ISHARES BITCOIN TRUST ETF 0.1%

Value $11.75M (+22.9%) Shares 352,900 (+41.8%) Est. Cost — Unrealized —

— UNITED AIRLS HLDGS INC 0.0%

Value $5.208M (+71.4%) Shares 38,300 (+16.1%) Est. Cost — Unrealized —

— COREWEAVE INC 0.0%

Value $4.828M (+81.2%) Shares 48,500 (+41.0%) Est. Cost — Unrealized —

— MONGODB INC 0.0%

Value $3.594M (+144.7%) Shares 10,700 (+78.3%) Est. Cost — Unrealized —

— GE VERNOVA INC 0.1%

Value $6.462M (+48.0%) Shares 5,500 (+10.0%) Est. Cost — Unrealized —

KLAC KLA CORP 0.0%

Value $2.869M (+262.2%) Shares 9,508 (+1667.3%) Est. Cost — Unrealized —

— SYNOPSYS INC 0.0%

Value $4.862M (+70.3%) Shares 10,900 (+51.4%) Est. Cost — Unrealized —

— KLA CORP 0.0%

Value $3.59M (+121.6%) Shares 11,900 (+981.8%) Est. Cost — Unrealized —

— SUPER MICRO COMPUTER INC 0.0%

Value $5.341M (+44.3%) Shares 182,100 (+12.0%) Est. Cost — Unrealized —

— CADENCE DESIGN SYSTEM INC 0.0%

Value $2.44M (+183.4%) Shares 6,500 (+109.7%) Est. Cost — Unrealized —

CNC CENTENE CORP DEL 0.0%

Value $2.367M (+163.0%) Shares 36,873 (+34.1%) Est. Cost — Unrealized —

— MCDONALDS CORP 0.0%

Value $2.676M (+115.3%) Shares 9,900 (+147.5%) Est. Cost — Unrealized —

— SOFI TECHNOLOGIES INC 0.0%

Value $2.295M (+165.3%) Shares 128,000 (+134.9%) Est. Cost — Unrealized —

— MARA HOLDINGS INC 0.0%

Value $1.597M (+682.8%) Shares 115,000 (+360.0%) Est. Cost — Unrealized —

— PETROLEO BRASILEIRO S A 0.2%

Value $26.92M (-4.9%) Shares 1,665,600 (+22.5%) Est. Cost — Unrealized —

— COREWEAVE INC 0.0%

Value $2.459M (+103.4%) Shares 24,700 (+58.3%) Est. Cost — Unrealized —

BABA ALIBABA GROUP HLDG LTD 0.1%

Value $8.082M (+17.1%) Shares 84,201 (+53.1%) Est. Cost — Unrealized —

LRCX LAM RESEARCH CORP 0.0%

Value $1.509M (+228.8%) Shares 3,483 (+62.1%) Est. Cost — Unrealized —

— SELECT SECTOR SPDR TR 0.1%

Value $16.82M (-5.6%) Shares 316,700 (+8.8%) Est. Cost — Unrealized —

— UNITED PARCEL SVCS INC 0.0%

Value $4.988M (+25.2%) Shares 46,400 (+14.6%) Est. Cost — Unrealized —

— META PLATFORMS INC 1.3%

Value $157M (+0.6%) Shares 278,600 (+2.2%) Est. Cost — Unrealized —

— AIRBNB INC 0.0%

Value $3.463M (+37.8%) Shares 24,200 (+21.6%) Est. Cost — Unrealized —

— ISHARES SILVER TR 0.0%

Value $2.786M (+48.1%) Shares 52,100 (+88.8%) Est. Cost — Unrealized —

RIVN RIVIAN AUTOMOTIVE INC 0.0%

Value $1.268M (+244.6%) Shares 73,083 (+199.3%) Est. Cost — Unrealized —

— UIPATH INC 0.0%

Value $1.246M (+220.3%) Shares 114,600 (+227.4%) Est. Cost — Unrealized —

— MASTERCARD INCORPORATED 0.0%

Value $5.341M (+18.8%) Shares 10,400 (+15.6%) Est. Cost — Unrealized —

KWEB KRANESHARES TRUST 0.0%

Value $1.706M (+70.8%) Shares 69,718 (+98.4%) Est. Cost — Unrealized —

META META PLATFORMS INC 0.2%

Value $18.49M (+3.5%) Shares 32,829 (+5.1%) Est. Cost — Unrealized —

— SCHWAB CHARLES CORP 0.0%

Value $4.807M (+13.4%) Shares 52,100 (+15.5%) Est. Cost — Unrealized —

ABNB AIRBNB INC 0.0%

Value $2.229M (+27.4%) Shares 15,579 (+12.4%) Est. Cost — Unrealized —

— SCHWAB CHARLES CORP 0.0%

Value $2.187M (+27.2%) Shares 23,700 (+29.5%) Est. Cost — Unrealized —

— EXXON MOBIL CORP 0.0%

Value $1.326M (+47.5%) Shares 9,700 (+83.0%) Est. Cost — Unrealized —

— XPENG INC 0.0%

Value $692K (+139.4%) Shares 52,300 (+209.5%) Est. Cost — Unrealized —

LLY ELI LILLY & CO 0.0%

Value $632K (+166.7%) Shares 527 (+104.3%) Est. Cost — Unrealized —

XPEV XPENG INC 0.0%

Value $724K (+114.2%) Shares 54,675 (+176.6%) Est. Cost — Unrealized —

— FEDEX CORP 0.0%

Value $1.002M (+56.3%) Shares 3,200 (+77.8%) Est. Cost — Unrealized —

GDXJ VANECK ETF TRUST 0.0%

Value $1.537M (+29.6%) Shares 15,639 (+58.3%) Est. Cost — Unrealized —

— KRANESHARES TRUST 0.1%

Value $14.69M (+2.4%) Shares 600,500 (+19.0%) Est. Cost — Unrealized —

U UNITY SOFTWARE INC 0.0%

Value $643K (+112.9%) Shares 22,507 (+63.6%) Est. Cost — Unrealized —

— ON SEMICONDUCTOR CORP 0.0%

Value $822K (+61.8%) Shares 8,700 (+6.1%) Est. Cost — Unrealized —

UAL UNITED AIRLS HLDGS INC 0.0%

Value $774K (+54.5%) Shares 5,688 (+4.6%) Est. Cost — Unrealized —

— ORACLE CORP 0.1%

Value $17.66M (+1.6%) Shares 120,500 (+1.9%) Est. Cost — Unrealized —

SMCI SUPER MICRO COMPUTER INC 0.0%

Value $620K (+71.3%) Shares 21,145 (+33.2%) Est. Cost — Unrealized —

COIN COINBASE GLOBAL INC 0.0%

Value $1.136M (+20.1%) Shares 7,771 (+43.4%) Est. Cost — Unrealized —

C CITIGROUP INC 0.0%

Value $722K (+35.5%) Shares 5,160 (+9.7%) Est. Cost — Unrealized —

MA MASTERCARD INCORPORATED 0.0%

Value $501K (+55.1%) Shares 976 (+50.9%) Est. Cost — Unrealized —

NU NU HLDGS LTD 0.0%

Value $456K (+58.9%) Shares 34,130 (+71.1%) Est. Cost — Unrealized —

— LAS VEGAS SANDS CORP 0.0%

Value $568K (+27.1%) Shares 12,300 (+48.2%) Est. Cost — Unrealized —

— MORGAN STANLEY 0.0%

Value $293K (+36.9%) Shares 1,400 (+7.7%) Est. Cost — Unrealized —

PDD PDD HOLDINGS INC 0.0%

Value $1.402M (-4.9%) Shares 18,381 (+27.4%) Est. Cost — Unrealized —

— BILIBILI INC 0.0%

Value $528K (-10.1%) Shares 31,000 (+19.2%) Est. Cost — Unrealized —

GLD SPDR GOLD TR 0.0%

Value $598K (+7.0%) Shares 1,624 (+25.0%) Est. Cost — Unrealized —

MSTR STRATEGY INC 0.0%

Value $319K (-10.1%) Shares 3,665 (+28.8%) Est. Cost — Unrealized —

SNAP SNAP INC 0.0%

Value $333K (+5.0%) Shares 74,977 (+8.8%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	GOLDMAN SACHS GROUP INC	1,386,500 (+13.1%)	$1.402B (+35.2%)	11.9%	—	—	PUT	38141G954
—	GOLDMAN SACHS GROUP INC	459,700 (+141.9%)	$465M (+189.2%)	3.9%	—	—	CALL	38141G904
—	ADOBE INC	1,369,100 (+324.7%)	$281M (+258.2%)	2.4%	—	—	CALL	00724F901
—	MICRON TECHNOLOGY INC	205,300 (+1.9%)	$237M (+248.1%)	2.0%	—	—	PUT	595112953
—	ALPHABET INC	1,198,600 (+16.2%)	$428M (+44.4%)	3.6%	—	—	CALL	02079K907
—	TESLA INC	774,600 (+37.8%)	$326M (+55.9%)	2.8%	—	—	PUT	88160R951
—	ADVANCED MICRO DEVICES INC	290,200 (+3.8%)	$169M (+196.3%)	1.4%	—	—	PUT	007903957
—	ISHARES TR	2,344,900 (+159.9%)	$160M (+213.1%)	1.4%	—	—	PUT	464287951
—	APPLE INC	1,329,600 (+17.1%)	$385M (+33.6%)	3.3%	—	—	CALL	037833900
—	AMAZON COM INC	1,051,900 (+33.4%)	$251M (+52.6%)	2.1%	—	—	CALL	023135906
—	MICROSOFT CORP	684,700 (+48.4%)	$255M (+49.5%)	2.2%	—	—	CALL	594918904
—	MICROSOFT CORP	550,400 (+56.5%)	$205M (+57.7%)	1.7%	—	—	PUT	594918954
—	DELL TECHNOLOGIES INC	218,800 (+12.4%)	$94.4M (+195.4%)	0.8%	—	—	PUT	24703L952
—	ARM HOLDINGS PLC	233,900 (+45.2%)	$82.93M (+240.3%)	0.7%	—	—	PUT	042068955
—	TESLA INC	472,100 (+20.6%)	$199M (+36.5%)	1.7%	—	—	CALL	88160R901
—	PALANTIR TECHNOLOGIES INC	692,700 (+218.5%)	$80.82M (+154.0%)	0.7%	—	—	PUT	69608A958
—	ARM HOLDINGS PLC	205,700 (+21.1%)	$72.94M (+183.9%)	0.6%	—	—	CALL	042068905
—	MARVELL TECHNOLOGY INC	187,200 (+19.8%)	$55.77M (+260.4%)	0.5%	—	—	CALL	573874904
—	SALESFORCE INC	542,500 (+122.8%)	$84.99M (+87.0%)	0.7%	—	—	CALL	79466L902
—	PALANTIR TECHNOLOGIES INC	838,200 (+102.9%)	$97.79M (+61.8%)	0.8%	—	—	CALL	69608A908
—	SANDISK CORP	20,000 (+50.4%)	$45.48M (+438.2%)	0.4%	—	—	PUT	80004C950
—	SPDR GOLD TR	579,300 (+1.8%)	$213M (-12.8%)	1.8%	—	—	PUT	78463V957
—	MARVELL TECHNOLOGY INC	135,200 (+32.4%)	$40.27M (+298.2%)	0.3%	—	—	PUT	573874954
—	QUALCOMM INC	237,200 (+121.5%)	$43.83M (+217.8%)	0.4%	—	—	PUT	747525953
—	QUALCOMM INC	195,100 (+139.1%)	$36.05M (+243.1%)	0.3%	—	—	CALL	747525903
—	BARRICK MNG CORP	731,600 (+2039.2%)	$26.87M (+1826.3%)	0.2%	—	—	PUT	06849F958
—	ASML HLDG NV	29,200 (+18.2%)	$58.09M (+78.1%)	0.5%	—	—	CALL	N07059900
—	PDD HOLDINGS INC	1,046,400 (+96.0%)	$79.82M (+46.3%)	0.7%	—	—	CALL	722304902
—	ASML HLDG NV	27,300 (+12.3%)	$54.31M (+69.2%)	0.5%	—	—	PUT	N07059950
—	STATE STR SPDR S&P 500 ETF T	55,100 (+86.1%)	$41.15M (+113.8%)	0.3%	—	—	CALL	78462F903
—	BROADCOM INC	247,000 (+6.4%)	$93.3M (+29.8%)	0.8%	—	—	PUT	11135F951
—	APPLE INC	317,700 (+14.0%)	$91.93M (+29.9%)	0.8%	—	—	PUT	037833950
—	T-MOBILE US INC	116,000 (+1741.3%)	$19.46M (+1370.7%)	0.2%	—	—	CALL	872590904
—	INTERNATIONAL BUSINESS MACHS	77,000 (+337.5%)	$21.65M (+407.6%)	0.2%	—	—	CALL	459200901
—	BANK OF AMER CORP	644,600 (+34.2%)	$36.73M (+56.9%)	0.3%	—	—	CALL	060505904
—	KLA CORP	60,100 (+1481.6%)	$18.13M (+224.1%)	0.2%	—	—	PUT	482480950
—	SNOWFLAKE INC	66,000 (+133.2%)	$16.8M (+293.6%)	0.1%	—	—	CALL	833445909
—	WYNN RESORTS LTD	299,900 (+73.2%)	$29.12M (+65.6%)	0.2%	—	—	CALL	983134907
—	PDD HOLDINGS INC	383,900 (+117.9%)	$29.28M (+62.7%)	0.2%	—	—	PUT	722304952
—	AMERICAN AIRLINES GROUP INC	722,200 (+201.5%)	$13.05M (+407.4%)	0.1%	—	—	CALL	02376R902
—	GENERAL MTRS CO	144,500 (+489.8%)	$11.14M (+510.3%)	0.1%	—	—	CALL	37045V900
—	RIVIAN AUTOMOTIVE INC	2,705,000 (+6.7%)	$46.93M (+23.0%)	0.4%	—	—	PUT	76954A953
—	INTERNATIONAL BUSINESS MACHS	75,200 (+47.2%)	$21.15M (+70.7%)	0.2%	—	—	PUT	459200951
—	BARRICK MNG CORP	263,300 (+1070.2%)	$9.671M (+953.5%)	0.1%	—	—	CALL	06849F908
AAPL	APPLE INC	34,687 (+352.5%)	$10.04M (+415.8%)	0.1%	—	—	—	037833100
—	SALESFORCE INC	173,700 (+68.8%)	$27.21M (+41.7%)	0.2%	—	—	PUT	79466L952
—	FORD MTR CO	833,600 (+160.7%)	$11.59M (+214.0%)	0.1%	—	—	CALL	345370900
—	WYNN RESORTS LTD	111,200 (+213.2%)	$10.8M (+199.5%)	0.1%	—	—	PUT	983134957
—	UBER TECHNOLOGIES INC	150,000 (+185.7%)	$10.82M (+186.7%)	0.1%	—	—	CALL	90353T900
—	ALIBABA GROUP HLDG LTD	531,700 (+14.9%)	$51.03M (-12.1%)	0.4%	—	—	PUT	01609W952
—	FORD MTR CO	795,300 (+106.0%)	$11.05M (+148.2%)	0.1%	—	—	PUT	345370950
—	PALO ALTO NETWORKS INC	22,100 (+220.3%)	$7.537M (+581.5%)	0.1%	—	—	CALL	697435905
—	NXP SEMICONDUCTORS N V	52,400 (+23.6%)	$14.73M (+76.4%)	0.1%	—	—	PUT	N6596X959
—	CENTENE CORP DEL	117,600 (+211.1%)	$7.549M (+509.8%)	0.1%	—	—	CALL	15135B901
MSFT	MICROSOFT CORP	29,036 (+122.9%)	$10.83M (+124.7%)	0.1%	—	—	—	594918104
—	NETFLIX INC.	545,500 (+17.5%)	$38.95M (-12.8%)	0.3%	—	—	CALL	64110L906
—	WESTERN DIGITAL CORP	13,300 (+13.7%)	$8.495M (+168.4%)	0.1%	—	—	CALL	958102905
—	FREEPORT MCMORAN INC	325,100 (+26.4%)	$20.45M (+35.2%)	0.2%	—	—	CALL	35671D907
—	ELI LILLY & CO	4,800 (+380.0%)	$5.757M (+525.8%)	0.0%	—	—	PUT	532457958
SNOW	SNOWFLAKE INC	22,776 (+257.0%)	$5.796M (+502.5%)	0.0%	—	—	—	833445109
—	FREEPORT MCMORAN INC	564,100 (+7.8%)	$35.48M (+15.3%)	0.3%	—	—	PUT	35671D957
—	UNITEDHEALTH GROUP INC	16,400 (+110.3%)	$6.816M (+222.9%)	0.1%	—	—	CALL	91324P902
—	AIRBNB INC	207,500 (+4.8%)	$29.69M (+18.8%)	0.3%	—	—	PUT	009066951
—	DISNEY WALT CO	221,400 (+26.0%)	$21.31M (+25.8%)	0.2%	—	—	CALL	254687906
—	VALE S A	2,067,200 (+23.1%)	$31.09M (+16.4%)	0.3%	—	—	CALL	91912E905
—	TARGET CORP	67,000 (+81.1%)	$8.751M (+95.2%)	0.1%	—	—	PUT	87612E956
—	BAIDU INC	80,100 (+77.2%)	$9.155M (+81.8%)	0.1%	—	—	CALL	056752908
—	WW GRAINGER INC	12,800 (+4.9%)	$17.41M (+30.8%)	0.1%	—	—	CALL	384802904
—	BAIDU INC	111,000 (+43.4%)	$12.69M (+47.1%)	0.1%	—	—	PUT	056752958
—	KRANESHARES TRUST	624,100 (+55.6%)	$15.27M (+34.0%)	0.1%	—	—	PUT	500767951
—	PETROLEO BRASILEIRO S A	1,492,100 (+11.9%)	$24.11M (-13.1%)	0.2%	—	—	PUT	71654V951
GOOGL	ALPHABET INC	13,620 (+161.0%)	$4.867M (+224.5%)	0.0%	—	—	—	02079K305
—	SELECT SECTOR SPDR TR	948,500 (+8.4%)	$50.38M (-6.0%)	0.4%	—	—	PUT	81369Y950
SHOP	SHOPIFY INC	30,080 (+1628.7%)	$3.435M (+1567.5%)	0.0%	—	—	—	82509L107
—	JD.COM INC	480,300 (+56.7%)	$12.24M (+35.0%)	0.1%	—	—	PUT	47215P956
—	WORTHINGTON ENTERPRISES INC	52,300 (+905.8%)	$2.812M (+937.6%)	0.0%	—	—	CALL	981811902
—	ISHARES SILVER TR	333,700 (+47.3%)	$17.84M (+15.6%)	0.2%	—	—	CALL	46428Q909
F	FORD MTR CO	189,656 (+735.9%)	$2.636M (+906.1%)	0.0%	—	—	—	345370860
PYPL	PAYPAL HLDGS INC	94,279 (+138.0%)	$4.071M (+127.2%)	0.0%	—	—	—	70450Y103
—	PFIZER INC	544,400 (+40.4%)	$13.11M (+20.4%)	0.1%	—	—	CALL	717081903
—	ISHARES BITCOIN TRUST ETF	352,900 (+41.8%)	$11.75M (+22.9%)	0.1%	—	—	PUT	46438F951
—	UNITED AIRLS HLDGS INC	38,300 (+16.1%)	$5.208M (+71.4%)	0.0%	—	—	PUT	910047959
—	COREWEAVE INC	48,500 (+41.0%)	$4.828M (+81.2%)	0.0%	—	—	PUT	21873S958
—	MONGODB INC	10,700 (+78.3%)	$3.594M (+144.7%)	0.0%	—	—	CALL	60937P906
—	GE VERNOVA INC	5,500 (+10.0%)	$6.462M (+48.0%)	0.1%	—	—	CALL	36828A901
KLAC	KLA CORP	9,508 (+1667.3%)	$2.869M (+262.2%)	0.0%	—	—	—	482480100
—	SYNOPSYS INC	10,900 (+51.4%)	$4.862M (+70.3%)	0.0%	—	—	PUT	871607957
—	KLA CORP	11,900 (+981.8%)	$3.59M (+121.6%)	0.0%	—	—	CALL	482480900
—	SUPER MICRO COMPUTER INC	182,100 (+12.0%)	$5.341M (+44.3%)	0.0%	—	—	CALL	86800U902
—	CADENCE DESIGN SYSTEM INC	6,500 (+109.7%)	$2.44M (+183.4%)	0.0%	—	—	PUT	127387958
CNC	CENTENE CORP DEL	36,873 (+34.1%)	$2.367M (+163.0%)	0.0%	—	—	—	15135B101
—	MCDONALDS CORP	9,900 (+147.5%)	$2.676M (+115.3%)	0.0%	—	—	CALL	580135901
—	SOFI TECHNOLOGIES INC	128,000 (+134.9%)	$2.295M (+165.3%)	0.0%	—	—	CALL	83406F902
—	MARA HOLDINGS INC	115,000 (+360.0%)	$1.597M (+682.8%)	0.0%	—	—	CALL	565788906
—	PETROLEO BRASILEIRO S A	1,665,600 (+22.5%)	$26.92M (-4.9%)	0.2%	—	—	CALL	71654V901
—	COREWEAVE INC	24,700 (+58.3%)	$2.459M (+103.4%)	0.0%	—	—	CALL	21873S908
BABA	ALIBABA GROUP HLDG LTD	84,201 (+53.1%)	$8.082M (+17.1%)	0.1%	—	—	—	01609W102
LRCX	LAM RESEARCH CORP	3,483 (+62.1%)	$1.509M (+228.8%)	0.0%	—	—	—	512807306
—	SELECT SECTOR SPDR TR	316,700 (+8.8%)	$16.82M (-5.6%)	0.1%	—	—	CALL	81369Y900
—	UNITED PARCEL SVCS INC	46,400 (+14.6%)	$4.988M (+25.2%)	0.0%	—	—	PUT	911312956
—	META PLATFORMS INC	278,600 (+2.2%)	$157M (+0.6%)	1.3%	—	—	PUT	30303M952
—	AIRBNB INC	24,200 (+21.6%)	$3.463M (+37.8%)	0.0%	—	—	CALL	009066901
—	ISHARES SILVER TR	52,100 (+88.8%)	$2.786M (+48.1%)	0.0%	—	—	PUT	46428Q959
RIVN	RIVIAN AUTOMOTIVE INC	73,083 (+199.3%)	$1.268M (+244.6%)	0.0%	—	—	—	76954A103
—	UIPATH INC	114,600 (+227.4%)	$1.246M (+220.3%)	0.0%	—	—	CALL	90364P905
—	MASTERCARD INCORPORATED	10,400 (+15.6%)	$5.341M (+18.8%)	0.0%	—	—	PUT	57636Q954
KWEB	KRANESHARES TRUST	69,718 (+98.4%)	$1.706M (+70.8%)	0.0%	—	—	—	500767306
META	META PLATFORMS INC	32,829 (+5.1%)	$18.49M (+3.5%)	0.2%	—	—	—	30303M102
—	SCHWAB CHARLES CORP	52,100 (+15.5%)	$4.807M (+13.4%)	0.0%	—	—	CALL	808513905
ABNB	AIRBNB INC	15,579 (+12.4%)	$2.229M (+27.4%)	0.0%	—	—	—	009066101
—	SCHWAB CHARLES CORP	23,700 (+29.5%)	$2.187M (+27.2%)	0.0%	—	—	PUT	808513955
—	EXXON MOBIL CORP	9,700 (+83.0%)	$1.326M (+47.5%)	0.0%	—	—	CALL	30231G902
—	XPENG INC	52,300 (+209.5%)	$692K (+139.4%)	0.0%	—	—	CALL	98422D905
LLY	ELI LILLY & CO	527 (+104.3%)	$632K (+166.7%)	0.0%	—	—	—	532457108
XPEV	XPENG INC	54,675 (+176.6%)	$724K (+114.2%)	0.0%	—	—	—	98422D105
—	FEDEX CORP	3,200 (+77.8%)	$1.002M (+56.3%)	0.0%	—	—	CALL	31428X906
GDXJ	VANECK ETF TRUST	15,639 (+58.3%)	$1.537M (+29.6%)	0.0%	—	—	—	92189F791
—	KRANESHARES TRUST	600,500 (+19.0%)	$14.69M (+2.4%)	0.1%	—	—	CALL	500767901
U	UNITY SOFTWARE INC	22,507 (+63.6%)	$643K (+112.9%)	0.0%	—	—	—	91332U101
—	ON SEMICONDUCTOR CORP	8,700 (+6.1%)	$822K (+61.8%)	0.0%	—	—	PUT	682189955
UAL	UNITED AIRLS HLDGS INC	5,688 (+4.6%)	$774K (+54.5%)	0.0%	—	—	—	910047109
—	ORACLE CORP	120,500 (+1.9%)	$17.66M (+1.6%)	0.1%	—	—	CALL	68389X905
SMCI	SUPER MICRO COMPUTER INC	21,145 (+33.2%)	$620K (+71.3%)	0.0%	—	—	—	86800U302
COIN	COINBASE GLOBAL INC	7,771 (+43.4%)	$1.136M (+20.1%)	0.0%	—	—	—	19260Q107
C	CITIGROUP INC	5,160 (+9.7%)	$722K (+35.5%)	0.0%	—	—	—	172967424
MA	MASTERCARD INCORPORATED	976 (+50.9%)	$501K (+55.1%)	0.0%	—	—	—	57636Q104
NU	NU HLDGS LTD	34,130 (+71.1%)	$456K (+58.9%)	0.0%	—	—	—	G6683N103
—	LAS VEGAS SANDS CORP	12,300 (+48.2%)	$568K (+27.1%)	0.0%	—	—	CALL	517834907
—	MORGAN STANLEY	1,400 (+7.7%)	$293K (+36.9%)	0.0%	—	—	CALL	617446908
PDD	PDD HOLDINGS INC	18,381 (+27.4%)	$1.402M (-4.9%)	0.0%	—	—	—	722304102
—	BILIBILI INC	31,000 (+19.2%)	$528K (-10.1%)	0.0%	—	—	CALL	090040906
GLD	SPDR GOLD TR	1,624 (+25.0%)	$598K (+7.0%)	0.0%	—	—	—	78463V107
MSTR	STRATEGY INC	3,665 (+28.8%)	$319K (-10.1%)	0.0%	—	—	—	594972408
SNAP	SNAP INC	74,977 (+8.8%)	$333K (+5.0%)	0.0%	—	—	—	83304A106

Exited Positions (55)

JPM JPMORGAN CHASE & CO 0.2%

Value $29M Shares 98,586 Est. Cost — Unrealized —

— CARNIVAL CORP 0.1%

Value $6.524M Shares 252,100 Est. Cost — Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.1%

Value $6.358M Shares 26,231 Est. Cost — Unrealized —

— ELI LILLY & CO 0.0%

Value $3.495M Shares 3,800 Est. Cost — Unrealized —

QQQ INVESCO QQQ TR 0.0%

Value $2.824M Shares 4,893 Est. Cost — Unrealized —

— LYONDELLBASELL INDUSTRIES NV 0.0%

Value $2.401M Shares 29,800 Est. Cost — Unrealized —

— DEVON ENERGY CORP NEW 0.0%

Value $2.264M Shares 45,000 Est. Cost — Unrealized —

— C H ROBINSON WORLDWIDE IN 0.0%

Value $2.242M Shares 13,500 Est. Cost — Unrealized —

— AUTODESK INC 0.0%

Value $2.155M Shares 9,000 Est. Cost — Unrealized —

SPOT SPOTIFY TECHNOLOGY S A 0.0%

Value $2.121M Shares 4,372 Est. Cost — Unrealized —

GE GE AEROSPACE 0.0%

Value $1.921M Shares 6,771 Est. Cost — Unrealized —

MDB MONGODB INC 0.0%

Value $1.694M Shares 6,920 Est. Cost — Unrealized —

— OKTA INC 0.0%

Value $1.551M Shares 19,700 Est. Cost — Unrealized —

CCL CARNIVAL CORP 0.0%

Value $1.457M Shares 56,301 Est. Cost — Unrealized —

UNH UNITEDHEALTH GROUP INC 0.0%

Value $1.45M Shares 5,357 Est. Cost — Unrealized —

— CHEVRON CORPORATION 0.0%

Value $1.283M Shares 6,200 Est. Cost — Unrealized —

URI UNITED RENTALS INC 0.0%

Value $1.227M Shares 1,684 Est. Cost — Unrealized —

— UNITED RENTALS INC 0.0%

Value $1.093M Shares 1,500 Est. Cost — Unrealized —

HUM HUMANA INC 0.0%

Value $1.024M Shares 5,905 Est. Cost — Unrealized —

STX SEAGATE TECHNOLOGY HLDNGS PL 0.0%

Value $918K Shares 2,342 Est. Cost — Unrealized —

OXY/WS OCCIDENTAL PETE CORP 0.0%

Value $902K Shares 13,882 Est. Cost — Unrealized —

FXI ISHARES TR 0.0%

Value $884K Shares 24,620 Est. Cost — Unrealized —

FUTU FUTU HLDGS LTD 0.0%

Value $864K Shares 6,314 Est. Cost — Unrealized —

— MCDONALDS CORP 0.0%

Value $777K Shares 2,500 Est. Cost — Unrealized —

— CONOCOPHILLIPS 0.0%

Value $686K Shares 5,200 Est. Cost — Unrealized —

ADSK AUTODESK INC 0.0%

Value $586K Shares 2,446 Est. Cost — Unrealized —

— INTERACTIVE BROKERS GROUP IN 0.0%

Value $537K Shares 8,000 Est. Cost — Unrealized —

COP CONOCOPHILLIPS 0.0%

Value $528K Shares 4,000 Est. Cost — Unrealized —

PANW PALO ALTO NETWORKS INC 0.0%

Value $512K Shares 3,191 Est. Cost — Unrealized —

— SNAP INC 0.0%

Value $503K Shares 109,300 Est. Cost — Unrealized —

WMT WALMART INC 0.0%

Value $491K Shares 3,950 Est. Cost — Unrealized —

CRWD CROWDSTRIKE HLDGS INC 0.0%

Value $482K Shares 1,234 Est. Cost — Unrealized —

— HUMANA INC 0.0%

Value $433K Shares 2,500 Est. Cost — Unrealized —

— ENERGY TRANSFER L P 0.0%

Value $413K Shares 21,400 Est. Cost — Unrealized —

— CARVANA CO 0.0%

Value $409K Shares 1,300 Est. Cost — Unrealized —

— CARNIVAL CORP 0.0%

Value $401K Shares 15,500 Est. Cost — Unrealized —

— DICKS SPORTING GOODS INC 0.0%

Value $397K Shares 2,000 Est. Cost — Unrealized —

— CARVANA CO 0.0%

Value $377K Shares 1,200 Est. Cost — Unrealized —

— PLANET FITNESS MASTER ISSUER 0.0%

Value $372K Shares 5,000 Est. Cost — Unrealized —

— UNITED RENTALS INC 0.0%

Value $364K Shares 500 Est. Cost — Unrealized —

NOW SERVICENOW INC 0.0%

Value $343K Shares 3,279 Est. Cost — Unrealized —

— KRAFT HEINZ CO 0.0%

Value $342K Shares 15,200 Est. Cost — Unrealized —

— CHIPOTLE MEXICAN GRILL INC 0.0%

Value $336K Shares 10,500 Est. Cost — Unrealized —

— C H ROBINSON WORLDWIDE IN 0.0%

Value $332K Shares 2,000 Est. Cost — Unrealized —

IGV ISHARES TR 0.0%

Value $320K Shares 4,000 Est. Cost — Unrealized —

LI LI AUTO INC 0.0%

Value $294K Shares 16,463 Est. Cost — Unrealized —

LUV SOUTHWEST AIRLS CO 0.0%

Value $282K Shares 7,500 Est. Cost — Unrealized —

— NUSCALE PWR CORP 0.0%

Value $272K Shares 25,100 Est. Cost — Unrealized —

EL LAUDER ESTEE COS INC 0.0%

Value $269K Shares 3,753 Est. Cost — Unrealized —

XOM EXXON MOBIL CORP 0.0%

Value $263K Shares 1,548 Est. Cost — Unrealized —

— AVIS BUDGET GROUP INC 0.0%

Value $263K Shares 1,800 Est. Cost — Unrealized —

— LI AUTO INC 0.0%

Value $244K Shares 13,700 Est. Cost — Unrealized —

— GROUPON INC 0.0%

Value $238K Shares 20,000 Est. Cost — Unrealized —

DVN DEVON ENERGY CORP NEW 0.0%

Value $206K Shares 4,100 Est. Cost — Unrealized —

— BIGBEAR AI HLDGS INC 0.0%

Value $189K Shares 53,800 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JPM	JPMORGAN CHASE & CO	98,586	$29M	0.2%	—	—	—	46625H100
—	CARNIVAL CORP	252,100	$6.524M	0.1%	—	—	PUT	143658950
IBM	INTERNATIONAL BUSINESS MACHS	26,231	$6.358M	0.1%	—	—	—	459200101
—	ELI LILLY & CO	3,800	$3.495M	0.0%	—	—	CALL	532457908
QQQ	INVESCO QQQ TR	4,893	$2.824M	0.0%	—	—	—	46090E103
—	LYONDELLBASELL INDUSTRIES NV	29,800	$2.401M	0.0%	—	—	CALL	N53745900
—	DEVON ENERGY CORP NEW	45,000	$2.264M	0.0%	—	—	CALL	25179M903
—	C H ROBINSON WORLDWIDE IN	13,500	$2.242M	0.0%	—	—	CALL	12541W909
—	AUTODESK INC	9,000	$2.155M	0.0%	—	—	CALL	052769906
SPOT	SPOTIFY TECHNOLOGY S A	4,372	$2.121M	0.0%	—	—	—	L8681T102
GE	GE AEROSPACE	6,771	$1.921M	0.0%	—	—	—	369604301
MDB	MONGODB INC	6,920	$1.694M	0.0%	—	—	—	60937P106
—	OKTA INC	19,700	$1.551M	0.0%	—	—	CALL	679295905
CCL	CARNIVAL CORP	56,301	$1.457M	0.0%	—	—	—	143658300
UNH	UNITEDHEALTH GROUP INC	5,357	$1.45M	0.0%	—	—	—	91324P102
—	CHEVRON CORPORATION	6,200	$1.283M	0.0%	—	—	CALL	166764900
URI	UNITED RENTALS INC	1,684	$1.227M	0.0%	—	—	—	911363109
—	UNITED RENTALS INC	1,500	$1.093M	0.0%	—	—	PUT	911363959
HUM	HUMANA INC	5,905	$1.024M	0.0%	—	—	—	444859102
STX	SEAGATE TECHNOLOGY HLDNGS PL	2,342	$918K	0.0%	—	—	—	G7997R103
OXY/WS	OCCIDENTAL PETE CORP	13,882	$902K	0.0%	—	—	—	674599162
FXI	ISHARES TR	24,620	$884K	0.0%	—	—	—	464287184
FUTU	FUTU HLDGS LTD	6,314	$864K	0.0%	—	—	—	36118L106
—	MCDONALDS CORP	2,500	$777K	0.0%	—	—	PUT	580135951
—	CONOCOPHILLIPS	5,200	$686K	0.0%	—	—	PUT	20825C954
ADSK	AUTODESK INC	2,446	$586K	0.0%	—	—	—	052769106
—	INTERACTIVE BROKERS GROUP IN	8,000	$537K	0.0%	—	—	CALL	45841N907
COP	CONOCOPHILLIPS	4,000	$528K	0.0%	—	—	—	20825C104
PANW	PALO ALTO NETWORKS INC	3,191	$512K	0.0%	—	—	—	697435105
—	SNAP INC	109,300	$503K	0.0%	—	—	CALL	83304A906
WMT	WALMART INC	3,950	$491K	0.0%	—	—	—	931142103
CRWD	CROWDSTRIKE HLDGS INC	1,234	$482K	0.0%	—	—	—	22788C105
—	HUMANA INC	2,500	$433K	0.0%	—	—	PUT	444859952
—	ENERGY TRANSFER L P	21,400	$413K	0.0%	—	—	CALL	29273V900
—	CARVANA CO	1,300	$409K	0.0%	—	—	CALL	146869902
—	CARNIVAL CORP	15,500	$401K	0.0%	—	—	CALL	143658900
—	DICKS SPORTING GOODS INC	2,000	$397K	0.0%	—	—	CALL	253393902
—	CARVANA CO	1,200	$377K	0.0%	—	—	PUT	146869952
—	PLANET FITNESS MASTER ISSUER	5,000	$372K	0.0%	—	—	CALL	72703H901
—	UNITED RENTALS INC	500	$364K	0.0%	—	—	CALL	911363909
NOW	SERVICENOW INC	3,279	$343K	0.0%	—	—	—	81762P102
—	KRAFT HEINZ CO	15,200	$342K	0.0%	—	—	CALL	500754906
—	CHIPOTLE MEXICAN GRILL INC	10,500	$336K	0.0%	—	—	CALL	169656905
—	C H ROBINSON WORLDWIDE IN	2,000	$332K	0.0%	—	—	PUT	12541W959
IGV	ISHARES TR	4,000	$320K	0.0%	—	—	—	464287515
LI	LI AUTO INC	16,463	$294K	0.0%	—	—	—	50202M102
LUV	SOUTHWEST AIRLS CO	7,500	$282K	0.0%	—	—	—	844741108
—	NUSCALE PWR CORP	25,100	$272K	0.0%	—	—	CALL	67079K900
EL	LAUDER ESTEE COS INC	3,753	$269K	0.0%	—	—	—	518439104
XOM	EXXON MOBIL CORP	1,548	$263K	0.0%	—	—	—	30231G102
—	AVIS BUDGET GROUP INC	1,800	$263K	0.0%	—	—	PUT	053774955
—	LI AUTO INC	13,700	$244K	0.0%	—	—	PUT	50202M952
—	GROUPON INC	20,000	$238K	0.0%	—	—	CALL	399473906
DVN	DEVON ENERGY CORP NEW	4,100	$206K	0.0%	—	—	—	25179M103
—	BIGBEAR AI HLDGS INC	53,800	$189K	0.0%	—	—	CALL	08975B909

Decreased Positions (167)

— CITIGROUP INC 0.9%

Value $106M (-52.9%) Shares 756,700 (-61.9%) Est. Cost — Unrealized —

— VANECK ETF TRUST 2.0%

Value $235M (-31.7%) Shares 3,114,800 (-16.9%) Est. Cost — Unrealized —

— ADOBE INC 2.3%

Value $273M (-28.0%) Shares 1,329,700 (-14.6%) Est. Cost — Unrealized —

— ALPHABET INC 3.5%

Value $408M (+20.2%) Shares 1,140,600 (-3.3%) Est. Cost — Unrealized —

— VANECK ETF TRUST 1.1%

Value $130M (-34.2%) Shares 1,727,900 (-19.9%) Est. Cost — Unrealized —

— CITIGROUP INC 1.8%

Value $210M (-23.6%) Shares 1,503,400 (-38.1%) Est. Cost — Unrealized —

— SHOPIFY INC 0.1%

Value $13.56M (-81.6%) Shares 118,800 (-80.9%) Est. Cost — Unrealized —

— NETFLIX INC. 0.4%

Value $51.93M (-51.9%) Shares 727,300 (-35.2%) Est. Cost — Unrealized —

— MICRON TECHNOLOGY INC 0.8%

Value $88.88M (+140.7%) Shares 77,000 (-29.6%) Est. Cost — Unrealized —

— META PLATFORMS INC 1.4%

Value $164M (-21.9%) Shares 291,900 (-20.7%) Est. Cost — Unrealized —

— ADVANCED MICRO DEVICES INC 0.7%

Value $77.03M (+134.2%) Shares 132,600 (-18.0%) Est. Cost — Unrealized —

— INTEL CORP 0.6%

Value $70.48M (+156.9%) Shares 504,800 (-18.8%) Est. Cost — Unrealized —

— INTEL CORP 0.6%

Value $73.24M (+125.5%) Shares 524,500 (-28.7%) Est. Cost — Unrealized —

— SHOPIFY INC 0.1%

Value $12.04M (-75.8%) Shares 105,400 (-74.9%) Est. Cost — Unrealized —

— TAIWAN SEMICONDUCTOR MANUFAC 1.1%

Value $126M (+39.7%) Shares 264,200 (-1.2%) Est. Cost — Unrealized —

— ISHARES INC 0.8%

Value $97.8M (+35.5%) Shares 484,400 (-17.5%) Est. Cost — Unrealized —

— DELL TECHNOLOGIES INC 0.3%

Value $37.58M (+134.1%) Shares 87,100 (-10.9%) Est. Cost — Unrealized —

— AMAZON COM INC 1.7%

Value $205M (+10.4%) Shares 858,600 (-3.5%) Est. Cost — Unrealized —

— INVESCO QQQ TR 0.1%

Value $6.407M (-74.9%) Shares 8,700 (-80.3%) Est. Cost — Unrealized —

— STARBUCKS CORP 0.5%

Value $54.09M (-23.0%) Shares 529,300 (-32.5%) Est. Cost — Unrealized —

— NIO INC 0.1%

Value $9.741M (-61.6%) Shares 1,925,000 (-54.3%) Est. Cost — Unrealized —

— TAIWAN SEMICONDUCTOR MANUFAC 1.2%

Value $137M (+11.3%) Shares 287,200 (-21.3%) Est. Cost — Unrealized —

— NIO INC 0.0%

Value $3.822M (-76.5%) Shares 755,400 (-72.0%) Est. Cost — Unrealized —

— SEAGATE TECHNOLOGY HLDNGS PL 0.2%

Value $19.4M (+135.8%) Shares 20,100 (-4.3%) Est. Cost — Unrealized —

— SEAGATE TECHNOLOGY HLDNGS PL 0.2%

Value $21.91M (+101.9%) Shares 22,700 (-18.1%) Est. Cost — Unrealized —

— JPMORGAN CHASE & CO 0.3%

Value $33.29M (-24.7%) Shares 101,700 (-32.3%) Est. Cost — Unrealized —

— LULULEMON ATHLETICA INC 0.0%

Value $4.099M (-72.0%) Shares 35,900 (-62.5%) Est. Cost — Unrealized —

— PAYPAL HLDGS INC 0.1%

Value $14.98M (-38.1%) Shares 346,900 (-35.1%) Est. Cost — Unrealized —

— STARBUCKS CORP 0.4%

Value $50.21M (-15.2%) Shares 491,300 (-25.7%) Est. Cost — Unrealized —

— LULULEMON ATHLETICA INC 0.0%

Value $628K (-93.2%) Shares 5,500 (-90.9%) Est. Cost — Unrealized —

— STATE STR SPDR S&P 500 ETF T 0.2%

Value $26.59M (-23.3%) Shares 35,600 (-33.2%) Est. Cost — Unrealized —

AXP AMERICAN EXPRESS CO 0.1%

Value $11.48M (-40.9%) Shares 33,934 (-47.1%) Est. Cost — Unrealized —

— LAM RESEARCH CORP 0.0%

Value $3.553M (-68.6%) Shares 8,200 (-84.5%) Est. Cost — Unrealized —

— NVIDIA CORPORATION 0.7%

Value $84.06M (+10.0%) Shares 420,100 (-4.1%) Est. Cost — Unrealized —

— PFIZER INC 0.1%

Value $6.742M (-52.0%) Shares 280,000 (-44.0%) Est. Cost — Unrealized —

— GE AEROSPACE 0.0%

Value $4.223M (-62.3%) Shares 11,300 (-71.4%) Est. Cost — Unrealized —

— BROADCOM INC 0.5%

Value $57.53M (+13.3%) Shares 152,300 (-7.1%) Est. Cost — Unrealized —

— ROBINHOOD MKTS INC 0.2%

Value $24.4M (+36.9%) Shares 243,300 (-5.4%) Est. Cost — Unrealized —

— UBER TECHNOLOGIES INC 0.3%

Value $32.28M (-16.8%) Shares 447,400 (-17.1%) Est. Cost — Unrealized —

BIDU BAIDU INC 0.0%

Value $799K (-89.0%) Shares 6,989 (-89.3%) Est. Cost — Unrealized —

— OCCIDENTAL PETE CORP 0.0%

Value $724K (-89.3%) Shares 14,900 (-85.7%) Est. Cost — Unrealized —

MU MICRON TECHNOLOGY INC 0.0%

Value $359K (-94.4%) Shares 311 (-98.4%) Est. Cost — Unrealized —

— NVIDIA CORPORATION 0.3%

Value $29.69M (-16.2%) Shares 148,400 (-26.9%) Est. Cost — Unrealized —

— SPOTIFY TECHNOLOGY S A 0.0%

Value $5.742M (-49.9%) Shares 12,500 (-47.0%) Est. Cost — Unrealized —

— VALE S A 0.3%

Value $36.76M (-12.5%) Shares 2,443,900 (-7.4%) Est. Cost — Unrealized —

— ISHARES INC 0.9%

Value $106M (+5.2%) Shares 526,800 (-35.9%) Est. Cost — Unrealized —

— SANDISK CORP 0.1%

Value $8.868M (+140.7%) Shares 3,900 (-32.8%) Est. Cost — Unrealized —

— PAYPAL HLDGS INC 0.3%

Value $29.78M (-14.4%) Shares 689,600 (-10.4%) Est. Cost — Unrealized —

— APPLIED MATLS INC 0.3%

Value $36.44M (+15.9%) Shares 50,400 (-45.2%) Est. Cost — Unrealized —

— APPLIED MATLS INC 0.1%

Value $15.76M (-23.5%) Shares 21,800 (-63.8%) Est. Cost — Unrealized —

— AMERICAN EXPRESS CO 0.4%

Value $44.24M (-9.8%) Shares 130,800 (-19.4%) Est. Cost — Unrealized —

— CISCO SYS INC 0.1%

Value $14.6M (+46.2%) Shares 124,300 (-3.4%) Est. Cost — Unrealized —

— COINBASE GLOBAL INC 0.2%

Value $19.55M (-18.9%) Shares 133,700 (-3.1%) Est. Cost — Unrealized —

— AMERICAN EXPRESS CO 0.3%

Value $39.14M (-10.0%) Shares 115,700 (-19.5%) Est. Cost — Unrealized —

— CONOCOPHILLIPS 0.0%

Value $2.921M (-58.8%) Shares 28,100 (-47.7%) Est. Cost — Unrealized —

— TEVA PHARMACEUTICAL INDS LTD 0.0%

Value $2.883M (-58.1%) Shares 85,100 (-62.7%) Est. Cost — Unrealized —

— UNITED AIRLS HLDGS INC 0.0%

Value $884K (-81.4%) Shares 6,500 (-87.4%) Est. Cost — Unrealized —

— JD.COM INC 0.1%

Value $9.853M (-27.4%) Shares 386,700 (-15.7%) Est. Cost — Unrealized —

— CROWDSTRIKE HLDGS INC 0.1%

Value $9.005M (+67.1%) Shares 11,800 (-14.5%) Est. Cost — Unrealized —

— BANK OF AMER CORP 0.2%

Value $25.48M (+15.5%) Shares 447,100 (-1.2%) Est. Cost — Unrealized —

CRM SALESFORCE INC 0.0%

Value $4.582M (-42.1%) Shares 29,245 (-31.0%) Est. Cost — Unrealized —

— NOVO-NORDISK A S 0.1%

Value $7.901M (-29.1%) Shares 164,800 (-45.7%) Est. Cost — Unrealized —

— INVESCO QQQ TR 0.2%

Value $22.46M (-12.6%) Shares 30,500 (-31.5%) Est. Cost — Unrealized —

— SPOTIFY TECHNOLOGY S A 0.1%

Value $7.947M (-28.5%) Shares 17,300 (-24.5%) Est. Cost — Unrealized —

— WELLS FARGO & CO 0.0%

Value $2.347M (-56.1%) Shares 28,400 (-57.7%) Est. Cost — Unrealized —

— FUTU HLDGS LTD 0.0%

Value $562K (-83.6%) Shares 6,000 (-76.1%) Est. Cost — Unrealized —

— PALO ALTO NETWORKS INC 0.1%

Value $8.287M (+48.1%) Shares 24,300 (-30.4%) Est. Cost — Unrealized —

— FEDEX CORP 0.0%

Value $689K (-79.4%) Shares 2,200 (-76.6%) Est. Cost — Unrealized —

— GE AEROSPACE 0.0%

Value $1.009M (-72.4%) Shares 2,700 (-79.1%) Est. Cost — Unrealized —

— WALMART INC 0.0%

Value $1.767M (-59.4%) Shares 15,600 (-55.4%) Est. Cost — Unrealized —

— LAM RESEARCH CORP 0.1%

Value $12.7M (-16.3%) Shares 29,300 (-58.7%) Est. Cost — Unrealized —

— ROBINHOOD MKTS INC 0.1%

Value $14.51M (+20.5%) Shares 144,700 (-16.7%) Est. Cost — Unrealized —

TSLA TESLA INC 0.0%

Value $1.396M (-60.9%) Shares 3,319 (-65.5%) Est. Cost — Unrealized —

— TEVA PHARMACEUTICAL INDS LTD 0.0%

Value $4.872M (-30.5%) Shares 143,800 (-38.2%) Est. Cost — Unrealized —

— ISHARES TR 0.5%

Value $64.65M (+3.3%) Shares 945,000 (-14.2%) Est. Cost — Unrealized —

— WESTERN DIGITAL CORP 0.1%

Value $9.836M (+26.7%) Shares 15,400 (-46.3%) Est. Cost — Unrealized —

— SNOWFLAKE INC 0.1%

Value $9.696M (+26.3%) Shares 38,100 (-25.1%) Est. Cost — Unrealized —

— ISHARES BITCOIN TRUST ETF 0.0%

Value $1.891M (-51.3%) Shares 56,800 (-43.8%) Est. Cost — Unrealized —

— WELLS FARGO & CO 0.3%

Value $39.41M (-4.7%) Shares 476,900 (-8.2%) Est. Cost — Unrealized —

— JPMORGAN CHASE & CO 0.3%

Value $39.21M (-4.6%) Shares 119,800 (-14.2%) Est. Cost — Unrealized —

— CISCO SYS INC 0.1%

Value $16.17M (+13.1%) Shares 137,700 (-25.3%) Est. Cost — Unrealized —

NFLX NETFLIX INC. 0.0%

Value $1.874M (-50.0%) Shares 26,253 (-32.6%) Est. Cost — Unrealized —

— CHEVRON CORPORATION 0.0%

Value $215K (-89.4%) Shares 1,300 (-86.7%) Est. Cost — Unrealized —

— ORACLE CORP 0.1%

Value $11.66M (-12.8%) Shares 79,600 (-12.4%) Est. Cost — Unrealized —

— STRATEGY INC 0.0%

Value $991K (-62.9%) Shares 11,400 (-46.7%) Est. Cost — Unrealized —

— FUTU HLDGS LTD 0.0%

Value $506K (-76.7%) Shares 5,400 (-66.0%) Est. Cost — Unrealized —

— BILIBILI INC 0.0%

Value $264K (-86.0%) Shares 15,500 (-81.5%) Est. Cost — Unrealized —

— TEXTRON INC 0.0%

Value $394K (-80.0%) Shares 4,300 (-80.9%) Est. Cost — Unrealized —

VALE VALE S A 0.0%

Value $1.252M (-55.3%) Shares 83,226 (-52.7%) Est. Cost — Unrealized —

AAL AMERICAN AIRLINES GROUP INC 0.0%

Value $3.837M (+65.2%) Shares 212,316 (-1.8%) Est. Cost — Unrealized —

— ANALOG DEVICES INC 0.0%

Value $913K (-62.2%) Shares 2,300 (-69.7%) Est. Cost — Unrealized —

NVDA NVIDIA CORPORATION 0.0%

Value $1.131M (-56.9%) Shares 5,650 (-62.5%) Est. Cost — Unrealized —

— STRATEGY INC 0.0%

Value $304K (-82.3%) Shares 3,500 (-74.6%) Est. Cost — Unrealized —

EWZ ISHARES INC 0.0%

Value $548K (-71.4%) Shares 15,890 (-68.1%) Est. Cost — Unrealized —

— DELTA AIR LINES INC 0.0%

Value $3.119M (-30.1%) Shares 33,300 (-50.4%) Est. Cost — Unrealized —

INTC INTEL CORP 0.0%

Value $917K (-58.9%) Shares 6,564 (-87.0%) Est. Cost — Unrealized —

— EXXON MOBIL CORP 0.0%

Value $1.695M (-43.2%) Shares 12,400 (-29.5%) Est. Cost — Unrealized —

GDX VANECK ETF TRUST 0.0%

Value $209K (-85.9%) Shares 2,767 (-82.9%) Est. Cost — Unrealized —

ASML ASML HLDG NV 0.0%

Value $4.086M (+44.4%) Shares 2,054 (-4.1%) Est. Cost — Unrealized —

LULU LULULEMON ATHLETICA INC 0.0%

Value $772K (-61.0%) Shares 6,764 (-47.7%) Est. Cost — Unrealized —

— WALMART INC 0.0%

Value $1.133M (-50.7%) Shares 10,000 (-45.9%) Est. Cost — Unrealized —

— ON SEMICONDUCTOR CORP 0.0%

Value $293K (-79.9%) Shares 3,100 (-86.8%) Est. Cost — Unrealized —

— NIKE INC 0.0%

Value $3.091M (-27.0%) Shares 75,300 (-6.1%) Est. Cost — Unrealized —

MRVL MARVELL TECHNOLOGY INC 0.0%

Value $2.697M (+69.5%) Shares 9,055 (-43.6%) Est. Cost — Unrealized —

SMH VANECK ETF TRUST 0.0%

Value $1.62M (-39.6%) Shares 2,469 (-64.8%) Est. Cost — Unrealized —

— UNITEDHEALTH GROUP INC 0.0%

Value $2.203M (-32.2%) Shares 5,300 (-55.8%) Est. Cost — Unrealized —

AVGO BROADCOM INC 0.0%

Value $1.55M (-39.4%) Shares 4,102 (-50.3%) Est. Cost — Unrealized —

— WW GRAINGER INC 0.0%

Value $680K (-58.4%) Shares 500 (-66.7%) Est. Cost — Unrealized —

SLV ISHARES SILVER TR 0.0%

Value $616K (-60.2%) Shares 11,513 (-49.3%) Est. Cost — Unrealized —

— MORGAN STANLEY 0.0%

Value $4.703M (+24.3%) Shares 22,500 (-2.2%) Est. Cost — Unrealized —

TGT TARGET CORP 0.0%

Value $333K (-73.1%) Shares 2,551 (-75.0%) Est. Cost — Unrealized —

— XPENG INC 0.0%

Value $662K (-57.6%) Shares 50,000 (-45.2%) Est. Cost — Unrealized —

— CATERPILLAR INC 0.0%

Value $532K (-62.5%) Shares 500 (-75.0%) Est. Cost — Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 0.0%

Value $4.478M (-16.2%) Shares 5,997 (-27.0%) Est. Cost — Unrealized —

UPS UNITED PARCEL SVCS INC 0.0%

Value $493K (-63.6%) Shares 4,586 (-66.7%) Est. Cost — Unrealized —

AMZN AMAZON COM INC 0.0%

Value $1.244M (-40.1%) Shares 5,219 (-47.7%) Est. Cost — Unrealized —

— NU HLDGS LTD 0.1%

Value $6.962M (-10.5%) Shares 521,100 (-3.7%) Est. Cost — Unrealized —

— MONGODB INC 0.0%

Value $672K (-54.3%) Shares 2,000 (-66.7%) Est. Cost — Unrealized —

— NU HLDGS LTD 0.1%

Value $6.787M (-10.4%) Shares 508,000 (-3.6%) Est. Cost — Unrealized —

— NOVO-NORDISK A S 0.1%

Value $12.41M (+6.6%) Shares 258,800 (-18.3%) Est. Cost — Unrealized —

— UNITED PARCEL SVCS INC 0.0%

Value $1.763M (-30.3%) Shares 16,400 (-36.2%) Est. Cost — Unrealized —

— NEWMONT CORP 0.0%

Value $2.97M (-20.0%) Shares 31,800 (-7.3%) Est. Cost — Unrealized —

DAL DELTA AIR LINES INC 0.0%

Value $296K (-69.9%) Shares 3,163 (-78.7%) Est. Cost — Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.0%

Value $836K (-44.4%) Shares 7,165 (-30.3%) Est. Cost — Unrealized —

— SUPER MICRO COMPUTER INC 0.0%

Value $5.162M (+14.8%) Shares 176,000 (-10.8%) Est. Cost — Unrealized —

— NXP SEMICONDUCTORS N V 0.1%

Value $9.471M (+7.4%) Shares 33,700 (-24.8%) Est. Cost — Unrealized —

TEVA TEVA PHARMACEUTICAL INDS LTD 0.0%

Value $505K (-54.4%) Shares 14,912 (-59.4%) Est. Cost — Unrealized —

— DELTA AIR LINES INC 0.0%

Value $2.576M (-18.4%) Shares 27,500 (-42.1%) Est. Cost — Unrealized —

— RIVIAN AUTOMOTIVE INC 0.2%

Value $19.98M (+2.9%) Shares 1,151,600 (-10.8%) Est. Cost — Unrealized —

— NIKE INC 0.0%

Value $821K (-38.1%) Shares 20,000 (-20.3%) Est. Cost — Unrealized —

ORCL ORACLE CORP 0.0%

Value $2.74M (-14.8%) Shares 18,694 (-14.5%) Est. Cost — Unrealized —

— KRAFT HEINZ CO 0.0%

Value $1.098M (-28.6%) Shares 46,500 (-32.0%) Est. Cost — Unrealized —

— SNAP INC 0.0%

Value $444K (-49.4%) Shares 100,000 (-47.6%) Est. Cost — Unrealized —

WHR WHIRLPOOL CORP 0.0%

Value $613K (-37.2%) Shares 15,539 (-14.1%) Est. Cost — Unrealized —

MS MORGAN STANLEY 0.0%

Value $228K (-61.2%) Shares 1,093 (-69.4%) Est. Cost — Unrealized —

QCOM QUALCOMM INC 0.0%

Value $324K (-51.5%) Shares 1,756 (-66.1%) Est. Cost — Unrealized —

XYZ BLOCK INC 0.0%

Value $1.531M (-18.1%) Shares 20,139 (-35.2%) Est. Cost — Unrealized —

NEM NEWMONT CORP 0.0%

Value $475K (-41.6%) Shares 5,091 (-32.2%) Est. Cost — Unrealized —

WDC WESTERN DIGITAL CORP 0.0%

Value $416K (-43.7%) Shares 651 (-76.2%) Est. Cost — Unrealized —

AMD ADVANCED MICRO DEVICES INC 0.0%

Value $1.807M (+21.2%) Shares 3,111 (-57.6%) Est. Cost — Unrealized —

BX BLACKSTONE INC 0.0%

Value $915K (-25.3%) Shares 7,778 (-27.0%) Est. Cost — Unrealized —

— HIMS & HERS HEALTH INC 0.0%

Value $822K (-25.1%) Shares 23,700 (-55.2%) Est. Cost — Unrealized —

KHC KRAFT HEINZ CO 0.0%

Value $638K (-28.6%) Shares 26,994 (-32.1%) Est. Cost — Unrealized —

— CATERPILLAR INC 0.0%

Value $852K (+33.5%) Shares 800 (-11.1%) Est. Cost — Unrealized —

SNPS SYNOPSYS INC 0.0%

Value $374K (-35.8%) Shares 838 (-43.0%) Est. Cost — Unrealized —

— HOME DEPOT INC 0.0%

Value $353K (-36.9%) Shares 1,000 (-41.2%) Est. Cost — Unrealized —

CAT CATERPILLAR INC 0.0%

Value $573K (-26.0%) Shares 538 (-50.8%) Est. Cost — Unrealized —

ARM ARM HOLDINGS PLC 0.0%

Value $776K (-20.1%) Shares 2,188 (-65.9%) Est. Cost — Unrealized —

FCX FREEPORT MCMORAN INC 0.0%

Value $794K (-19.2%) Shares 12,621 (-24.5%) Est. Cost — Unrealized —

— ROBLOX CORP 0.0%

Value $946K (-16.4%) Shares 17,400 (-13.0%) Est. Cost — Unrealized —

— ANALOG DEVICES INC 0.0%

Value $1.787M (+10.1%) Shares 4,500 (-11.8%) Est. Cost — Unrealized —

— CELSIUS HLDGS INC 0.0%

Value $293K (-35.5%) Shares 10,000 (-21.9%) Est. Cost — Unrealized —

— SOUTHWEST AIRLS CO 0.0%

Value $2.165M (-6.9%) Shares 42,100 (-32.0%) Est. Cost — Unrealized —

GEV GE VERNOVA INC 0.0%

Value $1.109M (+15.2%) Shares 944 (-14.4%) Est. Cost — Unrealized —

UBER UBER TECHNOLOGIES INC 0.0%

Value $440K (-24.5%) Shares 6,091 (-24.9%) Est. Cost — Unrealized —

— GENERAL MTRS CO 0.1%

Value $8.086M (+1.7%) Shares 104,900 (-1.7%) Est. Cost — Unrealized —

— SOUTHWEST AIRLS CO 0.0%

Value $1.383M (+10.2%) Shares 26,900 (-19.5%) Est. Cost — Unrealized —

— ISHARES ETHEREUM TR 0.0%

Value $171K (-41.2%) Shares 14,400 (-21.7%) Est. Cost — Unrealized —

— SOFI TECHNOLOGIES INC 0.0%

Value $1.397M (+8.6%) Shares 77,900 (-3.8%) Est. Cost — Unrealized —

— DISNEY WALT CO 0.1%

Value $7.026M (-1.5%) Shares 73,000 (-1.4%) Est. Cost — Unrealized —

APO APOLLO GLOBAL MGMT INC 0.0%

Value $317K (-19.9%) Shares 2,683 (-24.5%) Est. Cost — Unrealized —

DELL DELL TECHNOLOGIES INC 0.0%

Value $337K (+29.1%) Shares 782 (-50.8%) Est. Cost — Unrealized —

— HIMS & HERS HEALTH INC 0.0%

Value $1.473M (-4.7%) Shares 42,500 (-42.9%) Est. Cost — Unrealized —

W WAYFAIR INC 0.0%

Value $452K (+7.6%) Shares 4,893 (-12.3%) Est. Cost — Unrealized —

— GLOBALFOUNDRIES INC 0.0%

Value $610K (+4.6%) Shares 7,400 (-43.5%) Est. Cost — Unrealized —

— SYNOPSYS INC 0.0%

Value $5.799M (+0.2%) Shares 13,000 (-11.0%) Est. Cost — Unrealized —

CSCO CISCO SYS INC 0.0%

Value $582K (+1.2%) Shares 4,951 (-33.2%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	CITIGROUP INC	756,700 (-61.9%)	$106M (-52.9%)	0.9%	—	—	CALL	172967904
—	VANECK ETF TRUST	3,114,800 (-16.9%)	$235M (-31.7%)	2.0%	—	—	PUT	92189F956
—	ADOBE INC	1,329,700 (-14.6%)	$273M (-28.0%)	2.3%	—	—	PUT	00724F951
—	ALPHABET INC	1,140,600 (-3.3%)	$408M (+20.2%)	3.5%	—	—	PUT	02079K957
—	VANECK ETF TRUST	1,727,900 (-19.9%)	$130M (-34.2%)	1.1%	—	—	CALL	92189F906
—	CITIGROUP INC	1,503,400 (-38.1%)	$210M (-23.6%)	1.8%	—	—	PUT	172967954
—	SHOPIFY INC	118,800 (-80.9%)	$13.56M (-81.6%)	0.1%	—	—	CALL	82509L907
—	NETFLIX INC.	727,300 (-35.2%)	$51.93M (-51.9%)	0.4%	—	—	PUT	64110L956
—	MICRON TECHNOLOGY INC	77,000 (-29.6%)	$88.88M (+140.7%)	0.8%	—	—	CALL	595112903
—	META PLATFORMS INC	291,900 (-20.7%)	$164M (-21.9%)	1.4%	—	—	CALL	30303M902
—	ADVANCED MICRO DEVICES INC	132,600 (-18.0%)	$77.03M (+134.2%)	0.7%	—	—	CALL	007903907
—	INTEL CORP	504,800 (-18.8%)	$70.48M (+156.9%)	0.6%	—	—	PUT	458140950
—	INTEL CORP	524,500 (-28.7%)	$73.24M (+125.5%)	0.6%	—	—	CALL	458140900
—	SHOPIFY INC	105,400 (-74.9%)	$12.04M (-75.8%)	0.1%	—	—	PUT	82509L957
—	TAIWAN SEMICONDUCTOR MANUFAC	264,200 (-1.2%)	$126M (+39.7%)	1.1%	—	—	CALL	874039900
—	ISHARES INC	484,400 (-17.5%)	$97.8M (+35.5%)	0.8%	—	—	CALL	464286903
—	DELL TECHNOLOGIES INC	87,100 (-10.9%)	$37.58M (+134.1%)	0.3%	—	—	CALL	24703L902
—	AMAZON COM INC	858,600 (-3.5%)	$205M (+10.4%)	1.7%	—	—	PUT	023135956
—	INVESCO QQQ TR	8,700 (-80.3%)	$6.407M (-74.9%)	0.1%	—	—	CALL	46090E903
—	STARBUCKS CORP	529,300 (-32.5%)	$54.09M (-23.0%)	0.5%	—	—	CALL	855244909
—	NIO INC	1,925,000 (-54.3%)	$9.741M (-61.6%)	0.1%	—	—	PUT	62914V956
—	TAIWAN SEMICONDUCTOR MANUFAC	287,200 (-21.3%)	$137M (+11.3%)	1.2%	—	—	PUT	874039950
—	NIO INC	755,400 (-72.0%)	$3.822M (-76.5%)	0.0%	—	—	CALL	62914V906
—	SEAGATE TECHNOLOGY HLDNGS PL	20,100 (-4.3%)	$19.4M (+135.8%)	0.2%	—	—	CALL	G7997R903
—	SEAGATE TECHNOLOGY HLDNGS PL	22,700 (-18.1%)	$21.91M (+101.9%)	0.2%	—	—	PUT	G7997R953
—	JPMORGAN CHASE & CO	101,700 (-32.3%)	$33.29M (-24.7%)	0.3%	—	—	PUT	46625H950
—	LULULEMON ATHLETICA INC	35,900 (-62.5%)	$4.099M (-72.0%)	0.0%	—	—	CALL	550021909
—	PAYPAL HLDGS INC	346,900 (-35.1%)	$14.98M (-38.1%)	0.1%	—	—	CALL	70450Y903
—	STARBUCKS CORP	491,300 (-25.7%)	$50.21M (-15.2%)	0.4%	—	—	PUT	855244959
—	LULULEMON ATHLETICA INC	5,500 (-90.9%)	$628K (-93.2%)	0.0%	—	—	PUT	550021959
—	STATE STR SPDR S&P 500 ETF T	35,600 (-33.2%)	$26.59M (-23.3%)	0.2%	—	—	PUT	78462F953
AXP	AMERICAN EXPRESS CO	33,934 (-47.1%)	$11.48M (-40.9%)	0.1%	—	—	—	025816109
—	LAM RESEARCH CORP	8,200 (-84.5%)	$3.553M (-68.6%)	0.0%	—	—	PUT	512807956
—	NVIDIA CORPORATION	420,100 (-4.1%)	$84.06M (+10.0%)	0.7%	—	—	PUT	67066G954
—	PFIZER INC	280,000 (-44.0%)	$6.742M (-52.0%)	0.1%	—	—	PUT	717081953
—	GE AEROSPACE	11,300 (-71.4%)	$4.223M (-62.3%)	0.0%	—	—	CALL	369604901
—	BROADCOM INC	152,300 (-7.1%)	$57.53M (+13.3%)	0.5%	—	—	CALL	11135F901
—	ROBINHOOD MKTS INC	243,300 (-5.4%)	$24.4M (+36.9%)	0.2%	—	—	CALL	770700902
—	UBER TECHNOLOGIES INC	447,400 (-17.1%)	$32.28M (-16.8%)	0.3%	—	—	PUT	90353T950
BIDU	BAIDU INC	6,989 (-89.3%)	$799K (-89.0%)	0.0%	—	—	—	056752108
—	OCCIDENTAL PETE CORP	14,900 (-85.7%)	$724K (-89.3%)	0.0%	—	—	CALL	674599905
MU	MICRON TECHNOLOGY INC	311 (-98.4%)	$359K (-94.4%)	0.0%	—	—	—	595112103
—	NVIDIA CORPORATION	148,400 (-26.9%)	$29.69M (-16.2%)	0.3%	—	—	CALL	67066G904
—	SPOTIFY TECHNOLOGY S A	12,500 (-47.0%)	$5.742M (-49.9%)	0.0%	—	—	CALL	L8681T902
—	VALE S A	2,443,900 (-7.4%)	$36.76M (-12.5%)	0.3%	—	—	PUT	91912E955
—	ISHARES INC	526,800 (-35.9%)	$106M (+5.2%)	0.9%	—	—	PUT	464286953
—	SANDISK CORP	3,900 (-32.8%)	$8.868M (+140.7%)	0.1%	—	—	CALL	80004C900
—	PAYPAL HLDGS INC	689,600 (-10.4%)	$29.78M (-14.4%)	0.3%	—	—	PUT	70450Y953
—	APPLIED MATLS INC	50,400 (-45.2%)	$36.44M (+15.9%)	0.3%	—	—	CALL	038222905
—	APPLIED MATLS INC	21,800 (-63.8%)	$15.76M (-23.5%)	0.1%	—	—	PUT	038222955
—	AMERICAN EXPRESS CO	130,800 (-19.4%)	$44.24M (-9.8%)	0.4%	—	—	PUT	025816959
—	CISCO SYS INC	124,300 (-3.4%)	$14.6M (+46.2%)	0.1%	—	—	CALL	17275R902
—	COINBASE GLOBAL INC	133,700 (-3.1%)	$19.55M (-18.9%)	0.2%	—	—	PUT	19260Q957
—	AMERICAN EXPRESS CO	115,700 (-19.5%)	$39.14M (-10.0%)	0.3%	—	—	CALL	025816909
—	CONOCOPHILLIPS	28,100 (-47.7%)	$2.921M (-58.8%)	0.0%	—	—	CALL	20825C904
—	TEVA PHARMACEUTICAL INDS LTD	85,100 (-62.7%)	$2.883M (-58.1%)	0.0%	—	—	PUT	881624959
—	UNITED AIRLS HLDGS INC	6,500 (-87.4%)	$884K (-81.4%)	0.0%	—	—	CALL	910047909
—	JD.COM INC	386,700 (-15.7%)	$9.853M (-27.4%)	0.1%	—	—	CALL	47215P906
—	CROWDSTRIKE HLDGS INC	11,800 (-14.5%)	$9.005M (+67.1%)	0.1%	—	—	PUT	22788C955
—	BANK OF AMER CORP	447,100 (-1.2%)	$25.48M (+15.5%)	0.2%	—	—	PUT	060505954
CRM	SALESFORCE INC	29,245 (-31.0%)	$4.582M (-42.1%)	0.0%	—	—	—	79466L302
—	NOVO-NORDISK A S	164,800 (-45.7%)	$7.901M (-29.1%)	0.1%	—	—	PUT	670100955
—	INVESCO QQQ TR	30,500 (-31.5%)	$22.46M (-12.6%)	0.2%	—	—	PUT	46090E953
—	SPOTIFY TECHNOLOGY S A	17,300 (-24.5%)	$7.947M (-28.5%)	0.1%	—	—	PUT	L8681T952
—	WELLS FARGO & CO	28,400 (-57.7%)	$2.347M (-56.1%)	0.0%	—	—	CALL	949746901
—	FUTU HLDGS LTD	6,000 (-76.1%)	$562K (-83.6%)	0.0%	—	—	PUT	36118L956
—	PALO ALTO NETWORKS INC	24,300 (-30.4%)	$8.287M (+48.1%)	0.1%	—	—	PUT	697435955
—	FEDEX CORP	2,200 (-76.6%)	$689K (-79.4%)	0.0%	—	—	PUT	31428X956
—	GE AEROSPACE	2,700 (-79.1%)	$1.009M (-72.4%)	0.0%	—	—	PUT	369604951
—	WALMART INC	15,600 (-55.4%)	$1.767M (-59.4%)	0.0%	—	—	CALL	931142903
—	LAM RESEARCH CORP	29,300 (-58.7%)	$12.7M (-16.3%)	0.1%	—	—	CALL	512807906
—	ROBINHOOD MKTS INC	144,700 (-16.7%)	$14.51M (+20.5%)	0.1%	—	—	PUT	770700952
TSLA	TESLA INC	3,319 (-65.5%)	$1.396M (-60.9%)	0.0%	—	—	—	88160R101
—	TEVA PHARMACEUTICAL INDS LTD	143,800 (-38.2%)	$4.872M (-30.5%)	0.0%	—	—	CALL	881624909
—	ISHARES TR	945,000 (-14.2%)	$64.65M (+3.3%)	0.5%	—	—	CALL	464287901
—	WESTERN DIGITAL CORP	15,400 (-46.3%)	$9.836M (+26.7%)	0.1%	—	—	PUT	958102955
—	SNOWFLAKE INC	38,100 (-25.1%)	$9.696M (+26.3%)	0.1%	—	—	PUT	833445959
—	ISHARES BITCOIN TRUST ETF	56,800 (-43.8%)	$1.891M (-51.3%)	0.0%	—	—	CALL	46438F901
—	WELLS FARGO & CO	476,900 (-8.2%)	$39.41M (-4.7%)	0.3%	—	—	PUT	949746951
—	JPMORGAN CHASE & CO	119,800 (-14.2%)	$39.21M (-4.6%)	0.3%	—	—	CALL	46625H900
—	CISCO SYS INC	137,700 (-25.3%)	$16.17M (+13.1%)	0.1%	—	—	PUT	17275R952
NFLX	NETFLIX INC.	26,253 (-32.6%)	$1.874M (-50.0%)	0.0%	—	—	—	64110L106
—	CHEVRON CORPORATION	1,300 (-86.7%)	$215K (-89.4%)	0.0%	—	—	PUT	166764950
—	ORACLE CORP	79,600 (-12.4%)	$11.66M (-12.8%)	0.1%	—	—	PUT	68389X955
—	STRATEGY INC	11,400 (-46.7%)	$991K (-62.9%)	0.0%	—	—	CALL	594972908
—	FUTU HLDGS LTD	5,400 (-66.0%)	$506K (-76.7%)	0.0%	—	—	CALL	36118L906
—	BILIBILI INC	15,500 (-81.5%)	$264K (-86.0%)	0.0%	—	—	PUT	090040956
—	TEXTRON INC	4,300 (-80.9%)	$394K (-80.0%)	0.0%	—	—	CALL	883203901
VALE	VALE S A	83,226 (-52.7%)	$1.252M (-55.3%)	0.0%	—	—	—	91912E105
AAL	AMERICAN AIRLINES GROUP INC	212,316 (-1.8%)	$3.837M (+65.2%)	0.0%	—	—	—	02376R102
—	ANALOG DEVICES INC	2,300 (-69.7%)	$913K (-62.2%)	0.0%	—	—	CALL	032654905
NVDA	NVIDIA CORPORATION	5,650 (-62.5%)	$1.131M (-56.9%)	0.0%	—	—	—	67066G104
—	STRATEGY INC	3,500 (-74.6%)	$304K (-82.3%)	0.0%	—	—	PUT	594972958
EWZ	ISHARES INC	15,890 (-68.1%)	$548K (-71.4%)	0.0%	—	—	—	464286400
—	DELTA AIR LINES INC	33,300 (-50.4%)	$3.119M (-30.1%)	0.0%	—	—	PUT	247361952
INTC	INTEL CORP	6,564 (-87.0%)	$917K (-58.9%)	0.0%	—	—	—	458140100
—	EXXON MOBIL CORP	12,400 (-29.5%)	$1.695M (-43.2%)	0.0%	—	—	PUT	30231G952
GDX	VANECK ETF TRUST	2,767 (-82.9%)	$209K (-85.9%)	0.0%	—	—	—	92189F106
ASML	ASML HLDG NV	2,054 (-4.1%)	$4.086M (+44.4%)	0.0%	—	—	—	N07059210
LULU	LULULEMON ATHLETICA INC	6,764 (-47.7%)	$772K (-61.0%)	0.0%	—	—	—	550021109
—	WALMART INC	10,000 (-45.9%)	$1.133M (-50.7%)	0.0%	—	—	PUT	931142953
—	ON SEMICONDUCTOR CORP	3,100 (-86.8%)	$293K (-79.9%)	0.0%	—	—	CALL	682189905
—	NIKE INC	75,300 (-6.1%)	$3.091M (-27.0%)	0.0%	—	—	PUT	654106953
MRVL	MARVELL TECHNOLOGY INC	9,055 (-43.6%)	$2.697M (+69.5%)	0.0%	—	—	—	573874104
SMH	VANECK ETF TRUST	2,469 (-64.8%)	$1.62M (-39.6%)	0.0%	—	—	—	92189F676
—	UNITEDHEALTH GROUP INC	5,300 (-55.8%)	$2.203M (-32.2%)	0.0%	—	—	PUT	91324P952
AVGO	BROADCOM INC	4,102 (-50.3%)	$1.55M (-39.4%)	0.0%	—	—	—	11135F101
—	WW GRAINGER INC	500 (-66.7%)	$680K (-58.4%)	0.0%	—	—	PUT	384802954
SLV	ISHARES SILVER TR	11,513 (-49.3%)	$616K (-60.2%)	0.0%	—	—	—	46428Q109
—	MORGAN STANLEY	22,500 (-2.2%)	$4.703M (+24.3%)	0.0%	—	—	PUT	617446958
TGT	TARGET CORP	2,551 (-75.0%)	$333K (-73.1%)	0.0%	—	—	—	87612E106
—	XPENG INC	50,000 (-45.2%)	$662K (-57.6%)	0.0%	—	—	PUT	98422D955
—	CATERPILLAR INC	500 (-75.0%)	$532K (-62.5%)	0.0%	—	—	CALL	149123901
SPY	STATE STR SPDR S&P 500 ETF T	5,997 (-27.0%)	$4.478M (-16.2%)	0.0%	—	—	—	78462F103
UPS	UNITED PARCEL SVCS INC	4,586 (-66.7%)	$493K (-63.6%)	0.0%	—	—	—	911312106
AMZN	AMAZON COM INC	5,219 (-47.7%)	$1.244M (-40.1%)	0.0%	—	—	—	023135106
—	NU HLDGS LTD	521,100 (-3.7%)	$6.962M (-10.5%)	0.1%	—	—	PUT	G6683N953
—	MONGODB INC	2,000 (-66.7%)	$672K (-54.3%)	0.0%	—	—	PUT	60937P956
—	NU HLDGS LTD	508,000 (-3.6%)	$6.787M (-10.4%)	0.1%	—	—	CALL	G6683N903
—	NOVO-NORDISK A S	258,800 (-18.3%)	$12.41M (+6.6%)	0.1%	—	—	CALL	670100905
—	UNITED PARCEL SVCS INC	16,400 (-36.2%)	$1.763M (-30.3%)	0.0%	—	—	CALL	911312906
—	NEWMONT CORP	31,800 (-7.3%)	$2.97M (-20.0%)	0.0%	—	—	PUT	651639956
DAL	DELTA AIR LINES INC	3,163 (-78.7%)	$296K (-69.9%)	0.0%	—	—	—	247361702
PLTR	PALANTIR TECHNOLOGIES INC	7,165 (-30.3%)	$836K (-44.4%)	0.0%	—	—	—	69608A108
—	SUPER MICRO COMPUTER INC	176,000 (-10.8%)	$5.162M (+14.8%)	0.0%	—	—	PUT	86800U952
—	NXP SEMICONDUCTORS N V	33,700 (-24.8%)	$9.471M (+7.4%)	0.1%	—	—	CALL	N6596X909
TEVA	TEVA PHARMACEUTICAL INDS LTD	14,912 (-59.4%)	$505K (-54.4%)	0.0%	—	—	—	881624209
—	DELTA AIR LINES INC	27,500 (-42.1%)	$2.576M (-18.4%)	0.0%	—	—	CALL	247361902
—	RIVIAN AUTOMOTIVE INC	1,151,600 (-10.8%)	$19.98M (+2.9%)	0.2%	—	—	CALL	76954A903
—	NIKE INC	20,000 (-20.3%)	$821K (-38.1%)	0.0%	—	—	CALL	654106903
ORCL	ORACLE CORP	18,694 (-14.5%)	$2.74M (-14.8%)	0.0%	—	—	—	68389X105
—	KRAFT HEINZ CO	46,500 (-32.0%)	$1.098M (-28.6%)	0.0%	—	—	PUT	500754956
—	SNAP INC	100,000 (-47.6%)	$444K (-49.4%)	0.0%	—	—	PUT	83304A956
WHR	WHIRLPOOL CORP	15,539 (-14.1%)	$613K (-37.2%)	0.0%	—	—	—	963320106
MS	MORGAN STANLEY	1,093 (-69.4%)	$228K (-61.2%)	0.0%	—	—	—	617446448
QCOM	QUALCOMM INC	1,756 (-66.1%)	$324K (-51.5%)	0.0%	—	—	—	747525103
XYZ	BLOCK INC	20,139 (-35.2%)	$1.531M (-18.1%)	0.0%	—	—	—	852234103
NEM	NEWMONT CORP	5,091 (-32.2%)	$475K (-41.6%)	0.0%	—	—	—	651639106
WDC	WESTERN DIGITAL CORP	651 (-76.2%)	$416K (-43.7%)	0.0%	—	—	—	958102105
AMD	ADVANCED MICRO DEVICES INC	3,111 (-57.6%)	$1.807M (+21.2%)	0.0%	—	—	—	007903107
BX	BLACKSTONE INC	7,778 (-27.0%)	$915K (-25.3%)	0.0%	—	—	—	09260D107
—	HIMS & HERS HEALTH INC	23,700 (-55.2%)	$822K (-25.1%)	0.0%	—	—	PUT	433000956
KHC	KRAFT HEINZ CO	26,994 (-32.1%)	$638K (-28.6%)	0.0%	—	—	—	500754106
—	CATERPILLAR INC	800 (-11.1%)	$852K (+33.5%)	0.0%	—	—	PUT	149123951
SNPS	SYNOPSYS INC	838 (-43.0%)	$374K (-35.8%)	0.0%	—	—	—	871607107
—	HOME DEPOT INC	1,000 (-41.2%)	$353K (-36.9%)	0.0%	—	—	PUT	437076952
CAT	CATERPILLAR INC	538 (-50.8%)	$573K (-26.0%)	0.0%	—	—	—	149123101
ARM	ARM HOLDINGS PLC	2,188 (-65.9%)	$776K (-20.1%)	0.0%	—	—	—	042068205
FCX	FREEPORT MCMORAN INC	12,621 (-24.5%)	$794K (-19.2%)	0.0%	—	—	—	35671D857
—	ROBLOX CORP	17,400 (-13.0%)	$946K (-16.4%)	0.0%	—	—	PUT	771049953
—	ANALOG DEVICES INC	4,500 (-11.8%)	$1.787M (+10.1%)	0.0%	—	—	PUT	032654955
—	CELSIUS HLDGS INC	10,000 (-21.9%)	$293K (-35.5%)	0.0%	—	—	CALL	15118V907
—	SOUTHWEST AIRLS CO	42,100 (-32.0%)	$2.165M (-6.9%)	0.0%	—	—	CALL	844741908
GEV	GE VERNOVA INC	944 (-14.4%)	$1.109M (+15.2%)	0.0%	—	—	—	36828A101
UBER	UBER TECHNOLOGIES INC	6,091 (-24.9%)	$440K (-24.5%)	0.0%	—	—	—	90353T100
—	GENERAL MTRS CO	104,900 (-1.7%)	$8.086M (+1.7%)	0.1%	—	—	PUT	37045V950
—	SOUTHWEST AIRLS CO	26,900 (-19.5%)	$1.383M (+10.2%)	0.0%	—	—	PUT	844741958
—	ISHARES ETHEREUM TR	14,400 (-21.7%)	$171K (-41.2%)	0.0%	—	—	PUT	46438R955
—	SOFI TECHNOLOGIES INC	77,900 (-3.8%)	$1.397M (+8.6%)	0.0%	—	—	PUT	83406F952
—	DISNEY WALT CO	73,000 (-1.4%)	$7.026M (-1.5%)	0.1%	—	—	PUT	254687956
APO	APOLLO GLOBAL MGMT INC	2,683 (-24.5%)	$317K (-19.9%)	0.0%	—	—	—	03769M106
DELL	DELL TECHNOLOGIES INC	782 (-50.8%)	$337K (+29.1%)	0.0%	—	—	—	24703L202
—	HIMS & HERS HEALTH INC	42,500 (-42.9%)	$1.473M (-4.7%)	0.0%	—	—	CALL	433000906
W	WAYFAIR INC	4,893 (-12.3%)	$452K (+7.6%)	0.0%	—	—	—	94419L101
—	GLOBALFOUNDRIES INC	7,400 (-43.5%)	$610K (+4.6%)	0.0%	—	—	CALL	G39387908
—	SYNOPSYS INC	13,000 (-11.0%)	$5.799M (+0.2%)	0.0%	—	—	CALL	871607907
CSCO	CISCO SYS INC	4,951 (-33.2%)	$582K (+1.2%)	0.0%	—	—	—	17275R102

Unchanged Positions (16)

— SPDR GOLD TR 2.2%

Value $264M Shares 716,600 Est. Cost — Unrealized —

— ALIBABA GROUP HLDG LTD 0.8%

Value $93.02M Shares 969,200 Est. Cost — Unrealized —

— AMERICAN AIRLINES GROUP INC 0.2%

Value $20.05M Shares 1,109,600 Est. Cost — Unrealized —

— COINBASE GLOBAL INC 0.2%

Value $28.3M Shares 193,600 Est. Cost — Unrealized —

— CROWDSTRIKE HLDGS INC 0.0%

Value $5.724M Shares 7,500 Est. Cost — Unrealized —

— GE VERNOVA INC 0.0%

Value $3.525M Shares 3,000 Est. Cost — Unrealized —

— BLOCK INC 0.0%

Value $4.165M Shares 54,800 Est. Cost — Unrealized —

— BLOCK INC 0.0%

Value $3.352M Shares 44,100 Est. Cost — Unrealized —

— T-MOBILE US INC 0.0%

Value $2.7M Shares 16,100 Est. Cost — Unrealized —

ADBE ADOBE INC 0.0%

Value $2.494M Shares 12,164 Est. Cost — Unrealized —

— AGNICO EAGLE MINES LTD 0.0%

Value $1.226M Shares 7,900 Est. Cost — Unrealized —

— CADENCE DESIGN SYSTEM INC 0.0%

Value $938K Shares 2,500 Est. Cost — Unrealized —

— WAYFAIR INC 0.0%

Value $887K Shares 9,600 Est. Cost — Unrealized —

— LYFT INC 0.0%

Value $438K Shares 30,000 Est. Cost — Unrealized —

LYFT LYFT INC 0.0%

Value $274K Shares 18,779 Est. Cost — Unrealized —

— ELECTRONIC ARTS INC 0.0%

Value $1.23M Shares 6,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SPDR GOLD TR	716,600	$264M	2.2%	—	—	CALL	78463V907
—	ALIBABA GROUP HLDG LTD	969,200	$93.02M	0.8%	—	—	CALL	01609W902
—	AMERICAN AIRLINES GROUP INC	1,109,600	$20.05M	0.2%	—	—	PUT	02376R952
—	COINBASE GLOBAL INC	193,600	$28.3M	0.2%	—	—	CALL	19260Q907
—	CROWDSTRIKE HLDGS INC	7,500	$5.724M	0.0%	—	—	CALL	22788C905
—	GE VERNOVA INC	3,000	$3.525M	0.0%	—	—	PUT	36828A951
—	BLOCK INC	54,800	$4.165M	0.0%	—	—	PUT	852234953
—	BLOCK INC	44,100	$3.352M	0.0%	—	—	CALL	852234903
—	T-MOBILE US INC	16,100	$2.7M	0.0%	—	—	PUT	872590954
ADBE	ADOBE INC	12,164	$2.494M	0.0%	—	—	—	00724F101
—	AGNICO EAGLE MINES LTD	7,900	$1.226M	0.0%	—	—	PUT	008474958
—	CADENCE DESIGN SYSTEM INC	2,500	$938K	0.0%	—	—	CALL	127387908
—	WAYFAIR INC	9,600	$887K	0.0%	—	—	PUT	94419L951
—	LYFT INC	30,000	$438K	0.0%	—	—	PUT	55087P954
LYFT	LYFT INC	18,779	$274K	0.0%	—	—	—	55087P104
—	ELECTRONIC ARTS INC	6,000	$1.23M	0.0%	—	—	CALL	285512909