Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	2,767,000	$554M	16.0%	—	—	PUT	67066G104
NVDA	NVIDIA CORPORATION	2,425,000	$485M	14.0%	—	—	COM	67066G104
MSFT	MICROSOFT CORP	870,000	$325M	9.4%	—	—	PUT	594918104
MSFT	MICROSOFT CORP	870,000	$325M	9.4%	—	—	COM	594918104
GOOG	ALPHABET INC	750,000	$265M	7.6%	—	—	PUT	02079K107
AMZN	AMAZON COM INC	1,000,000	$238M	6.9%	—	—	PUT	023135106
AMZN	AMAZON COM INC	1,000,000	$238M	6.9%	—	—	COM	023135106
EWY	ISHARES INC	545,700	$110M	3.2%	—	—	PUT	464286772
MMM	3M CO	467,000	$75.61M	2.2%	—	—	CALL	88579Y101
MMM	3M CO	451,000	$73.02M	2.1%	—	—	PUT	88579Y101
HOOD	ROBINHOOD MKTS INC	480,000	$48.13M	1.4%	—	—	CALL	770700102
TSM	TAIWAN SEMICONDUCTOR MANUFAC	100,000	$47.76M	1.4%	—	—	PUT	874039100
TSM	TAIWAN SEMICONDUCTOR MANUFAC	100,000	$47.76M	1.4%	—	—	SPONSORED ADS	874039100
AAPL	APPLE INC	100,000	$28.94M	0.8%	—	—	PUT	037833100
AAPL	APPLE INC	100,000	$28.94M	0.8%	—	—	COM	037833100
GD	GENERAL DYNAMICS CORP	54,200	$19.2M	0.6%	—	—	CALL	369550108
META	META PLATFORMS INC	30,000	$16.9M	0.5%	—	—	PUT	30303M102
META	META PLATFORMS INC	30,000	$16.9M	0.5%	—	—	CL A	30303M102
CVS	CVS HEALTH CORP	120,000	$12.41M	0.4%	—	—	CALL	126650100
HOOD	ROBINHOOD MKTS INC	60,100	$6.027M	0.2%	—	—	PUT	770700102
MU	MICRON TECHNOLOGY INC	5,000	$5.771M	0.2%	—	—	PUT	595112103
—	TORTOISE ENERGY INFRSTRCTR C	130,000	$5.573M	0.2%	—	—	COM	89147L886
CVS	CVS HEALTH CORP	45,000	$4.655M	0.1%	—	—	PUT	126650100
ROBN	ETF OPPORTUNITIES TRUST	122,000	$3.68M	0.1%	—	—	PUT	26923N389
ALAB	ASTERA LABS INC	7,500	$3.623M	0.1%	—	—	PUT	04626A103
TSLA	TESLA INC	8,300	$3.491M	0.1%	—	—	PUT	88160R101
IBKR	INTERACTIVE BROKERS GROUP IN	40,000	$3.482M	0.1%	—	—	CALL	45841N107
XOMA	XOMA ROYALTY CORPORATION	80,000	$3.4M	0.1%	—	—	COM NEW	98419J206
BOXX	EA SERIES TRUST	22,880	$2.679M	0.1%	—	—	ALPHA ARCH 1-3	02072L565
KWEB	KRANESHARES TRUST	100,000	$2.447M	0.1%	—	—	CALL	500767306
CVS	CVS HEALTH CORP	20,000	$2.069M	0.1%	—	—	COM	126650100
KORU	DIREXION SHARES ETF TRUST	49,400	$1.93M	0.1%	—	—	PUT	25461A387
TSLL	DIREXION SHARES ETF TRUST	135,800	$1.923M	0.1%	—	—	PUT	25460G286
XOMA	XOMA ROYALTY CORPORATION	41,000	$1.742M	0.1%	—	—	PUT	98419J206
NEE	NEXTERA ENERGY INC	11,200	$983K	0.0%	—	—	CALL	65339F101
XOMA	XOMA ROYALTY CORPORATION	18,700	$795K	0.0%	—	—	CALL	98419J206
OPTU	OPTIMUM COMMUNICATIONS INC	486,100	$705K	0.0%	—	—	PUT	02156K103
BRUNW	BOOST RUN INC	15,259	$415K	0.0%	—	—	*W EXP 05/08/203	09940T118
MUU	DIREXION SHARES ETF TRUST	6,600	$346K	0.0%	—	—	PUT	25461A528
CVV	CVD EQUIP CORP	30,000	$223K	0.0%	—	—	COM	126601103
MIAX	MIAMI INTL HLDGS INC	5,000	$186K	0.0%	—	—	CALL	59356Q108
MIAX	MIAMI INTL HLDGS INC	2,700	$100K	0.0%	—	—	PUT	59356Q108
CONL	GRANITESHARES ETF TR	17,000	$72,590	0.0%	—	—	PUT	38747R801
TE	T1 ENERGY INC	6,500	$61,620	0.0%	—	—	CALL	35834F104
RGTIW	RIGETTI COMPUTING INC	4,747	$42,509	0.0%	—	—	*W EXP 03/02/202	76655K111
OPTU	OPTIMUM COMMUNICATIONS INC	24,588	$35,653	0.0%	—	—	CL A	02156K103
MOBBW	MOBILICOM LTD	16,082	$32,164	0.0%	—	—	*W EXP 08/31/202	60742B110
LFTO	LIFTOFF MOBILE INC	500	$12,010	0.0%	—	—	COM	53229X101
DRTSW	ALPHA TAU MEDICAL LTD	3,800	$11,210	0.0%	—	—	*W EXP 99/99/999	M0740A116
NNE	NANO NUCLEAR ENERGY INC	400	$8,456	0.0%	—	—	PUT	63010H108
RGTI	RIGETTI COMPUTING INC	213	$4,115	0.0%	—	—	COMMON STOCK	76655K103
BBCQ	BLEICHROEDER ACQUISITI CORP	300	$3,096	0.0%	—	—	USD CL A ORD SHS	G1170E104
SPCE	VIRGIN GALACTIC HOLDINGS INC	700	$2,023	0.0%	—	—	PUT	92766K403
ORGN	ORIGIN MATERIALS INC	1,800	$1,782	0.0%	—	—	COM	68622D205
RQI-R	COHEN & STEERS QUALITY INCOM	51,176	$762	0.0%	—	—	RIGHT 07/15/2026	19247L122
—	APOGEE ACQUISITION CORP	4,500	$450	0.0%	—	—	*W EXP 03/27/203	G04126119
MGN	MEGAN HLDGS LTD	500	$76	0.0%	—	—	ORD SHS CL A	G5980E105
PCT	PURECYCLE TECHNOLOGIES INC	1	$8	0.0%	—	—	COM	74623V103
EVLVW	EVOLV TECHNOLOGIES HLDNGS IN ⚠	1	$0	0.0%	—	—	*W EXP 07/16/202	30049H110
EVGOW	EVGO INC ⚠	1	$0	0.0%	—	—	*W EXP 07/01/202	30052F118
CELUW	CELULARITY INC ⚠	1	$0	0.0%	—	—	*W EXP 07/16/202	151190113

Increased Positions (6)

GOOG ALPHABET INC 8.5%

Value $293M (+308.9%) Shares 830,000 (+232.0%) Est. Cost — Unrealized —

QQQ INVESCO QQQ TR 1.8%

Value $63.33M (+612.5%) Shares 86,000 (+458.4%) Est. Cost — Unrealized —

NVDL GRANITESHARES ETF TR 1.0%

Value $33.74M (+868.6%) Shares 1,131,800 (+2257.9%) Est. Cost — Unrealized —

SOXX ISHARES TR 0.9%

Value $30.5M (+11500.2%) Shares 47,600 (+5850.0%) Est. Cost — Unrealized —

OPEN OPENDOOR TECHNOLOGIES INC 0.2%

Value $5.66M (+309.9%) Shares 1,225,000 (+315.3%) Est. Cost — Unrealized —

RF REGIONS FINANCIAL CORP NEW 0.0%

Value $1.139M (+45.3%) Shares 37,700 (+25.7%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	830,000 (+232.0%)	$293M (+308.9%)	8.5%	—	—	CAP STK CL C	02079K107
QQQ	INVESCO QQQ TR	86,000 (+458.4%)	$63.33M (+612.5%)	1.8%	—	—	PUT	46090E103
NVDL	GRANITESHARES ETF TR	1,131,800 (+2257.9%)	$33.74M (+868.6%)	1.0%	—	—	PUT	38747R827
SOXX	ISHARES TR	47,600 (+5850.0%)	$30.5M (+11500.2%)	0.9%	—	—	PUT	464287523
OPEN	OPENDOOR TECHNOLOGIES INC	1,225,000 (+315.3%)	$5.66M (+309.9%)	0.2%	—	—	CALL	683712103
RF	REGIONS FINANCIAL CORP NEW	37,700 (+25.7%)	$1.139M (+45.3%)	0.0%	—	—	CALL	7591EP100

Exited Positions (32)

GOOGL ALPHABET INC 5.4%

Value $187M Shares 650,000 Est. Cost — Unrealized —

SMH VANECK ETF TRUST 3.8%

Value $133M Shares 346,300 Est. Cost — Unrealized —

GOOGL ALPHABET INC 3.3%

Value $115M Shares 400,000 Est. Cost — Unrealized —

SNA SNAP ON INC 1.0%

Value $36.32M Shares 100,000 Est. Cost — Unrealized —

WIX WIX COM LTD 0.6%

Value $20.27M Shares 225,000 Est. Cost — Unrealized —

ORCL ORACLE CORP 0.4%

Value $14.71M Shares 100,000 Est. Cost — Unrealized —

ORCL ORACLE CORP 0.4%

Value $14.71M Shares 100,000 Est. Cost — Unrealized —

WIX WIX COM LTD 0.4%

Value $13.51M Shares 150,000 Est. Cost — Unrealized —

SOXL DIREXION SHARES ETF TRUST 0.2%

Value $6.228M Shares 130,000 Est. Cost — Unrealized —

HWM HOWMET AEROSPACE INC 0.1%

Value $4.079M Shares 17,700 Est. Cost — Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.1%

Value $2.796M Shares 55,700 Est. Cost — Unrealized —

CMC COMMERCIAL METALS CO 0.1%

Value $2.77M Shares 45,100 Est. Cost — Unrealized —

BAC BANK AMERICA CORP 0.1%

Value $2.715M Shares 55,700 Est. Cost — Unrealized —

CVX CHEVRON CORPORATION 0.1%

Value $2.607M Shares 12,600 Est. Cost — Unrealized —

CSCO CISCO SYS INC 0.1%

Value $2.266M Shares 29,200 Est. Cost — Unrealized —

JCI JOHNSON CONTROLS INTERNATION 0.1%

Value $2.226M Shares 17,000 Est. Cost — Unrealized —

CCL CARNIVAL CORP 0.1%

Value $1.995M Shares 77,100 Est. Cost — Unrealized —

ABBV ABBVIE INC 0.1%

Value $1.74M Shares 8,000 Est. Cost — Unrealized —

MET METLIFE INC 0.0%

Value $1.386M Shares 19,600 Est. Cost — Unrealized —

CCL CARNIVAL CORP 0.0%

Value $1.333M Shares 51,500 Est. Cost — Unrealized —

TQQQ PROSHARES TR 0.0%

Value $1.042M Shares 25,000 Est. Cost — Unrealized —

ACLX ARCELLX INC 0.0%

Value $836K Shares 7,285 Est. Cost — Unrealized —

CNTA CENTESSA PHARMACEUTICALS PLC 0.0%

Value $794K Shares 20,000 Est. Cost — Unrealized —

TXN TEXAS INSTRS INC 0.0%

Value $777K Shares 4,000 Est. Cost — Unrealized —

CMC COMMERCIAL METALS CO 0.0%

Value $614K Shares 10,000 Est. Cost — Unrealized —

CMC COMMERCIAL METALS CO 0.0%

Value $577K Shares 9,400 Est. Cost — Unrealized —

YINN DIREXION SHARES ETF TRUST 0.0%

Value $545K Shares 16,600 Est. Cost — Unrealized —

KZR KEZAR LIFE SCIENCES INC 0.0%

Value $360K Shares 48,479 Est. Cost — Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.0%

Value $251K Shares 5,000 Est. Cost — Unrealized —

CCL CARNIVAL CORP 0.0%

Value $194K Shares 7,500 Est. Cost — Unrealized —

TECL DIREXION SHARES ETF TRUST 0.0%

Value $86,550 Shares 1,000 Est. Cost — Unrealized —

OPENL OPENDOOR TECHNOLOGIES INC 0.0%

Value $18,450 Shares 75,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	650,000	$187M	5.4%	—	—	PUT	02079K305
SMH	VANECK ETF TRUST	346,300	$133M	3.8%	—	—	PUT	92189F676
GOOGL	ALPHABET INC	400,000	$115M	3.3%	—	—	—	02079K305
SNA	SNAP ON INC	100,000	$36.32M	1.0%	—	—	CALL	833034101
WIX	WIX COM LTD	225,000	$20.27M	0.6%	—	—	—	M98068105
ORCL	ORACLE CORP	100,000	$14.71M	0.4%	—	—	PUT	68389X105
ORCL	ORACLE CORP	100,000	$14.71M	0.4%	—	—	—	68389X105
WIX	WIX COM LTD	150,000	$13.51M	0.4%	—	—	PUT	M98068105
SOXL	DIREXION SHARES ETF TRUST	130,000	$6.228M	0.2%	—	—	—	25459W458
HWM	HOWMET AEROSPACE INC	17,700	$4.079M	0.1%	—	—	CALL	443201108
VZ	VERIZON COMMUNICATIONS INC	55,700	$2.796M	0.1%	—	—	CALL	92343V104
CMC	COMMERCIAL METALS CO	45,100	$2.77M	0.1%	—	—	CALL	201723103
BAC	BANK AMERICA CORP	55,700	$2.715M	0.1%	—	—	CALL	060505104
CVX	CHEVRON CORPORATION	12,600	$2.607M	0.1%	—	—	CALL	166764100
CSCO	CISCO SYS INC	29,200	$2.266M	0.1%	—	—	CALL	17275R102
JCI	JOHNSON CONTROLS INTERNATION	17,000	$2.226M	0.1%	—	—	CALL	G51502105
CCL	CARNIVAL CORP	77,100	$1.995M	0.1%	—	—	CALL	143658300
ABBV	ABBVIE INC	8,000	$1.74M	0.1%	—	—	CALL	00287Y109
MET	METLIFE INC	19,600	$1.386M	0.0%	—	—	CALL	59156R108
CCL	CARNIVAL CORP	51,500	$1.333M	0.0%	—	—	PUT	143658300
TQQQ	PROSHARES TR	25,000	$1.042M	0.0%	—	—	—	74347X831
ACLX	ARCELLX INC	7,285	$836K	0.0%	—	—	—	03940C100
CNTA	CENTESSA PHARMACEUTICALS PLC	20,000	$794K	0.0%	—	—	—	152309100
TXN	TEXAS INSTRS INC	4,000	$777K	0.0%	—	—	CALL	882508104
CMC	COMMERCIAL METALS CO	10,000	$614K	0.0%	—	—	—	201723103
CMC	COMMERCIAL METALS CO	9,400	$577K	0.0%	—	—	PUT	201723103
YINN	DIREXION SHARES ETF TRUST	16,600	$545K	0.0%	—	—	PUT	25460G195
KZR	KEZAR LIFE SCIENCES INC	48,479	$360K	0.0%	—	—	—	49372L209
VZ	VERIZON COMMUNICATIONS INC	5,000	$251K	0.0%	—	—	—	92343V104
CCL	CARNIVAL CORP	7,500	$194K	0.0%	—	—	—	143658300
TECL	DIREXION SHARES ETF TRUST	1,000	$86,550	0.0%	—	—	—	25459W102
OPENL	OPENDOOR TECHNOLOGIES INC	75,000	$18,450	0.0%	—	—	—	683712137

Decreased Positions (5)

SOXL DIREXION SHARES ETF TRUST 0.3%

Value $9.201M (-79.3%) Shares 34,500 (-96.3%) Est. Cost — Unrealized —

TQQQ PROSHARES TR 0.5%

Value $18.14M (+11.3%) Shares 223,900 (-42.7%) Est. Cost — Unrealized —

TECL DIREXION SHARES ETF TRUST 0.0%

Value $1.015M (-62.4%) Shares 4,400 (-85.9%) Est. Cost — Unrealized —

EMPD EMPERY DIGITAL INC 0.0%

Value $413K (-62.5%) Shares 116,000 (-55.4%) Est. Cost — Unrealized —

ALAB ASTERA LABS INC 0.0%

Value $725K (-26.5%) Shares 1,500 (-83.3%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SOXL	DIREXION SHARES ETF TRUST	34,500 (-96.3%)	$9.201M (-79.3%)	0.3%	—	—	PUT	25459W458
TQQQ	PROSHARES TR	223,900 (-42.7%)	$18.14M (+11.3%)	0.5%	—	—	PUT	74347X831
TECL	DIREXION SHARES ETF TRUST	4,400 (-85.9%)	$1.015M (-62.4%)	0.0%	—	—	PUT	25459W102
EMPD	EMPERY DIGITAL INC	116,000 (-55.4%)	$413K (-62.5%)	0.0%	—	—	COM NEW	92864V608
ALAB	ASTERA LABS INC	1,500 (-83.3%)	$725K (-26.5%)	0.0%	—	—	CALL	04626A103

Unchanged Positions (2)

PLRX PLIANT THERAPEUTICS INC 0.0%

Value $401K Shares 351,445 Est. Cost — Unrealized —

SXTPW 60 DEGREES PHARMACEUTICALS I 0.0%

Value $1,425 Shares 47,169 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PLRX	PLIANT THERAPEUTICS INC	351,445	$401K	0.0%	—	—	COM	729139105
SXTPW	60 DEGREES PHARMACEUTICALS I	47,169	$1,425	0.0%	—	—	*W EXP 07/12/202	83006G112