Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FCEL	FUELCELL ENERGY INC	75,900	$2.733M	6.2%	$36.01	—	COM NEW	35952H700
GLW	CORNING INC	8,300	$2.12M	4.8%	$255.43	—	COM	219350105
SNDK	SANDISK CORP	900	$2.046M	4.6%	$2273.73	—	COM	80004C200
LRCX	LAM RESEARCH CORP	4,700	$2.037M	4.6%	$433.33	—	COM NEW	512807306
AMAT	APPLIED MATLS INC	2,800	$2.024M	4.6%	$723.00	—	COM	038222105
SPCX	SPACE EXPLORATION TECHN CORP	11,800	$2.016M	4.6%	$170.86	—	CLASS A COM STK	84615Q103
DELL	DELL TECHNOLOGIES INC	4,600	$1.985M	4.5%	$431.46	—	CL C	24703L202
VRT	VERTIV HOLDINGS CO	5,900	$1.975M	4.5%	$334.82	—	COM CL A	92537N108
INTC	INTEL CORP	14,000	$1.955M	4.4%	$139.63	—	COM	458140100
LUNR	INTUITIVE MACHINES INC	91,100	$1.949M	4.4%	$21.39	—	CLASS A COM	46125A100
MRNA	MODERNA INC	27,100	$1.898M	4.3%	$70.03	—	COM	60770K107
ENPH	ENPHASE ENERGY INC	38,000	$1.871M	4.2%	$49.24	—	COM	29355A107
TEM	TEMPUS AI INC	32,200	$1.865M	4.2%	$57.93	—	CL A	88023B103
HIMS	HIMS & HERS HEALTH INC	52,600	$1.824M	4.1%	$34.67	—	COM CL A	433000106
FCEL	FUELCELL ENERGY INC	151,800	$1.787M	4.0%	$36.01	—	CALL	35952H700
RUN	SUNRUN INC	133,400	$1.785M	4.0%	$13.38	—	COM	86771W105
HL	HECLA MINING COMPANY	114,300	$1.764M	4.0%	$15.43	—	COM	422704106
CORZ	CORE SCIENTIFIC INC NEW	66,200	$1.694M	3.8%	$25.59	—	COM	21874A106
CLSK	CLEANSPARK INC	110,900	$1.614M	3.6%	$14.55	—	COM NEW	18452B209
GLW	CORNING INC	16,600	$523K	1.2%	$255.43	—	CALL	219350105
AMAT	APPLIED MATLS INC	5,600	$368K	0.8%	$723.00	—	CALL	038222105
LRCX	LAM RESEARCH CORP	9,400	$335K	0.8%	$433.33	—	CALL	512807306
SPCX	COLLABORATIVE INVESTMNT SER	23,600	$310K	0.7%	—	—	CALL	19423L672
VRT	VERTIV HOLDINGS CO	11,800	$280K	0.6%	$334.82	—	CALL	92537N108
DELL	DELL TECHNOLOGIES INC	9,200	$247K	0.6%	$431.46	—	CALL	24703L202
INTC	INTEL CORP	28,000	$242K	0.5%	$139.63	—	CALL	458140100
BTDR	BITDEER TECHNOLOGIES GROUP	208,400	$226K	0.5%	—	—	PUT	G11448100
CLSK	CLEANSPARK INC	221,800	$202K	0.5%	$14.55	—	PUT	18452B209
MRNA	MODERNA INC	54,200	$165K	0.4%	$70.03	—	CALL	60770K107
ENPH	ENPHASE ENERGY INC	76,000	$164K	0.4%	$49.24	—	CALL	29355A107
CORZ	CORE SCIENTIFIC INC NEW	132,400	$160K	0.4%	$25.59	—	PUT	21874A106
TEM	TEMPUS AI INC	64,400	$137K	0.3%	$57.93	—	CALL	88023B103
HIMS	HIMS & HERS HEALTH INC	105,200	$83,634	0.2%	$34.67	—	CALL	433000106
RUN	SUNRUN INC	266,800	$78,706	0.2%	$13.38	—	PUT	86771W105
RUN	SUNRUN INC	266,800	$61,364	0.1%	$13.38	—	CALL	86771W105
HIMS	HIMS & HERS HEALTH INC	105,200	$52,600	0.1%	$34.67	—	PUT	433000106
BTDR	BITDEER TECHNOLOGIES GROUP	208,400	$46,890	0.1%	—	—	CALL	G11448100
HL	HECLA MINING COMPANY	228,600	$45,720	0.1%	$15.43	—	PUT	422704106
HL	HECLA MINING COMPANY	228,600	$44,577	0.1%	$15.43	—	CALL	422704106
SNDK	SANDISK CORP	2,700	$37,710	0.1%	$2273.73	—	PUT	80004C200
ENPH	ENPHASE ENERGY INC	76,000	$33,060	0.1%	$49.24	—	PUT	29355A107
MRNA	MODERNA INC	54,200	$18,970	0.0%	$70.03	—	PUT	60770K107
INTC	INTEL CORP	28,000	$10,080	0.0%	$139.63	—	PUT	458140100
CLSK	CLEANSPARK INC	221,800	$9,981	0.0%	$14.55	—	CALL	18452B209
CORZ	CORE SCIENTIFIC INC NEW	132,400	$8,606	0.0%	$25.59	—	CALL	21874A106
FCEL	FUELCELL ENERGY INC	75,900	$3,795	0.0%	$36.01	—	PUT	35952H700
VRT	VERTIV HOLDINGS CO	11,800	$3,245	0.0%	$334.82	—	PUT	92537N108
TEM	TEMPUS AI INC	32,200	$2,254	0.0%	$57.93	—	PUT	88023B103
DELL	DELL TECHNOLOGIES INC	4,600	$1,150	0.0%	$431.46	—	PUT	24703L202
AMAT	APPLIED MATLS INC	2,800	$1,120	0.0%	$723.00	—	PUT	038222105
SPCX	COLLABORATIVE INVESTMNT SER	11,800	$826	0.0%	—	—	PUT	19423L672
LRCX	LAM RESEARCH CORP	4,700	$752	0.0%	$433.33	—	PUT	512807306
GLW	CORNING INC	8,300	$664	0.0%	$255.43	—	PUT	219350105

Increased Positions (5)

NBIS NEBIUS GROUP N.V. 4.7%

Value $2.099M (+189.0%) Shares 7,600 (+8.6%) Est. Cost $110.59 Unrealized —

NBIS NEBIUS GROUP N.V. 1.0%

Value $454K (+8003.5%) Shares 15,200 (+117.1%) Est. Cost $110.59 Unrealized —

WMT WALMART INC 1.3%

Value $583K (+67.2%) Shares 181,000 (+72.4%) Est. Cost — Unrealized —

LUNR INTUITIVE MACHINES INC 0.6%

Value $269K (+410.3%) Shares 182,200 (+131.8%) Est. Cost $21.39 Unrealized —

LUNR INTUITIVE MACHINES INC 0.1%

Value $22,775 (+5.4%) Shares 182,200 (+131.8%) Est. Cost $21.39 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NBIS	NEBIUS GROUP N.V.	7,600 (+8.6%)	$2.099M (+189.0%)	4.7%	$110.59	—	SHS CLASS A	N97284108
NBIS	NEBIUS GROUP N.V.	15,200 (+117.1%)	$454K (+8003.5%)	1.0%	$110.59	—	CALL	N97284108
WMT	WALMART INC	181,000 (+72.4%)	$583K (+67.2%)	1.3%	—	—	CALL	931142103
LUNR	INTUITIVE MACHINES INC	182,200 (+131.8%)	$269K (+410.3%)	0.6%	$21.39	—	CALL	46125A100
LUNR	INTUITIVE MACHINES INC	182,200 (+131.8%)	$22,775 (+5.4%)	0.1%	$21.39	—	PUT	46125A100

Exited Positions (68)

RCAT RED CAT HLDGS INC 14.7%

Value $6.502M Shares 496,696 Est. Cost $13.00 Unrealized —

NVDA NVIDIA CORPORATION 9.9%

Value $4.393M Shares 600,500 Est. Cost — Unrealized —

NVDA NVIDIA CORPORATION 5.9%

Value $2.63M Shares 900,700 Est. Cost — Unrealized —

TSLA TESLA INC 5.3%

Value $2.366M Shares 137,400 Est. Cost — Unrealized —

TSLA TESLA INC 3.3%

Value $1.471M Shares 206,100 Est. Cost — Unrealized —

FLY FIREFLY AEROSPACE INC 1.9%

Value $837K Shares 29,400 Est. Cost $25.23 Unrealized —

LITE LUMENTUM HLDGS INC 1.7%

Value $773K Shares 1,100 Est. Cost $467.14 Unrealized —

AFRM AFFIRM HLDGS INC 1.7%

Value $765K Shares 16,700 Est. Cost $64.69 Unrealized —

FSLY FASTLY INC 1.7%

Value $750K Shares 25,800 Est. Cost $11.57 Unrealized —

LMND LEMONADE INC 1.6%

Value $727K Shares 11,600 Est. Cost $75.26 Unrealized —

UPST UPSTART HLDGS INC 1.6%

Value $726K Shares 28,300 Est. Cost $40.17 Unrealized —

APLD APPLIED DIGITAL CORP 1.6%

Value $707K Shares 29,800 Est. Cost $34.31 Unrealized —

SEDG SOLAREDGE TECHNOLOGIES INC 1.6%

Value $699K Shares 13,700 Est. Cost $34.76 Unrealized —

COHR COHERENT CORP 1.6%

Value $691K Shares 2,900 Est. Cost $213.35 Unrealized —

WULF TERAWULF INC 1.6%

Value $690K Shares 47,800 Est. Cost $14.58 Unrealized —

VG VENTURE GLOBAL INC 1.5%

Value $651K Shares 41,300 Est. Cost $8.89 Unrealized —

SOC SABLE OFFSHORE CORP 1.4%

Value $638K Shares 38,600 Est. Cost $9.61 Unrealized —

PL PLANET LABS PBC 1.4%

Value $632K Shares 22,600 Est. Cost $24.28 Unrealized —

AAOI APPLIED OPTOELECTRONICS INC 1.4%

Value $618K Shares 7,300 Est. Cost $41.81 Unrealized —

COIN COINBASE GLOBAL INC 1.3%

Value $591K Shares 19,500 Est. Cost — Unrealized —

MSTR STRATEGY INC 1.1%

Value $494K Shares 30,500 Est. Cost — Unrealized —

LLY ELI LILLY & CO 1.1%

Value $488K Shares 4,400 Est. Cost — Unrealized —

WMT WALMART INC 0.8%

Value $341K Shares 70,000 Est. Cost — Unrealized —

CRWV COREWEAVE INC 0.5%

Value $224K Shares 26,700 Est. Cost — Unrealized —

HOOD ROBINHOOD MKTS INC 0.5%

Value $220K Shares 16,400 Est. Cost — Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.5%

Value $202K Shares 14,800 Est. Cost — Unrealized —

FLY FIREFLY AEROSPACE INC 0.4%

Value $197K Shares 58,800 Est. Cost $25.23 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.4%

Value $167K Shares 22,200 Est. Cost — Unrealized —

CRWV COREWEAVE INC 0.3%

Value $152K Shares 17,800 Est. Cost — Unrealized —

LLY ELI LILLY & CO 0.3%

Value $126K Shares 6,600 Est. Cost — Unrealized —

SOC SABLE OFFSHORE CORP 0.3%

Value $118K Shares 77,200 Est. Cost $9.61 Unrealized —

AAOI APPLIED OPTOELECTRONICS INC 0.3%

Value $115K Shares 21,900 Est. Cost $41.81 Unrealized —

MSTR STRATEGY INC 0.2%

Value $100K Shares 45,700 Est. Cost — Unrealized —

COIN COINBASE GLOBAL INC 0.2%

Value $85,489 Shares 29,200 Est. Cost — Unrealized —

PL PLANET LABS PBC 0.2%

Value $80,682 Shares 67,800 Est. Cost $24.28 Unrealized —

AFRM AFFIRM HLDGS INC 0.2%

Value $77,655 Shares 33,400 Est. Cost $64.69 Unrealized —

VG VENTURE GLOBAL INC 0.2%

Value $74,753 Shares 82,600 Est. Cost $8.89 Unrealized —

RCAT RED CAT HLDGS INC 0.1%

Value $62,489 Shares 110,600 Est. Cost $13.00 Unrealized —

HOOD ROBINHOOD MKTS INC 0.1%

Value $56,182 Shares 24,600 Est. Cost — Unrealized —

COHR COHERENT CORP 0.1%

Value $55,129 Shares 8,700 Est. Cost $213.35 Unrealized —

FSLY FASTLY INC 0.1%

Value $54,696 Shares 51,600 Est. Cost $11.57 Unrealized —

UMAC UNUSUAL MACHS INC 0.1%

Value $47,120 Shares 117,800 Est. Cost — Unrealized —

ASTS AST SPACEMOBILE INC 0.1%

Value $46,458 Shares 17,800 Est. Cost — Unrealized —

BW BABCOCK & WILCOX ENTERPRISES 0.1%

Value $43,110 Shares 143,700 Est. Cost — Unrealized —

UPST UPSTART HLDGS INC 0.1%

Value $36,507 Shares 56,600 Est. Cost $40.17 Unrealized —

LMND LEMONADE INC 0.1%

Value $35,728 Shares 23,200 Est. Cost $75.26 Unrealized —

SEDG SOLAREDGE TECHNOLOGIES INC 0.1%

Value $35,620 Shares 41,100 Est. Cost $34.76 Unrealized —

UMAC UNUSUAL MACHS INC 0.1%

Value $35,340 Shares 176,700 Est. Cost — Unrealized —

LITE LUMENTUM HLDGS INC 0.1%

Value $30,965 Shares 2,200 Est. Cost $467.14 Unrealized —

WULF TERAWULF INC 0.1%

Value $30,592 Shares 95,600 Est. Cost $14.58 Unrealized —

BW BABCOCK & WILCOX ENTERPRISES 0.1%

Value $28,740 Shares 95,800 Est. Cost — Unrealized —

LITE LUMENTUM HLDGS INC 0.1%

Value $28,160 Shares 2,200 Est. Cost $467.14 Unrealized —

WULF TERAWULF INC 0.1%

Value $26,768 Shares 95,600 Est. Cost $14.58 Unrealized —

APLD APPLIED DIGITAL CORP 0.1%

Value $24,436 Shares 89,400 Est. Cost $34.31 Unrealized —

RCAT RED CAT HLDGS INC 0.0%

Value $19,355 Shares 110,600 Est. Cost $13.00 Unrealized —

SEDG SOLAREDGE TECHNOLOGIES INC 0.0%

Value $18,632 Shares 27,400 Est. Cost $34.76 Unrealized —

FSLY FASTLY INC 0.0%

Value $15,996 Shares 51,600 Est. Cost $11.57 Unrealized —

ASTS AST SPACEMOBILE INC 0.0%

Value $15,575 Shares 17,800 Est. Cost — Unrealized —

COHR COHERENT CORP 0.0%

Value $14,848 Shares 5,800 Est. Cost $213.35 Unrealized —

LMND LEMONADE INC 0.0%

Value $14,500 Shares 23,200 Est. Cost $75.26 Unrealized —

UPST UPSTART HLDGS INC 0.0%

Value $12,735 Shares 56,600 Est. Cost $40.17 Unrealized —

VG VENTURE GLOBAL INC 0.0%

Value $8,260 Shares 82,600 Est. Cost $8.89 Unrealized —

SOC SABLE OFFSHORE CORP 0.0%

Value $6,948 Shares 77,200 Est. Cost $9.61 Unrealized —

AFRM AFFIRM HLDGS INC 0.0%

Value $5,511 Shares 33,400 Est. Cost $64.69 Unrealized —

AAOI APPLIED OPTOELECTRONICS INC 0.0%

Value $4,745 Shares 14,600 Est. Cost $41.81 Unrealized —

APLD APPLIED DIGITAL CORP 0.0%

Value $4,470 Shares 29,800 Est. Cost $34.31 Unrealized —

PL PLANET LABS PBC 0.0%

Value $4,294 Shares 45,200 Est. Cost $24.28 Unrealized —

FLY FIREFLY AEROSPACE INC 0.0%

Value $3,528 Shares 58,800 Est. Cost $25.23 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
RCAT	RED CAT HLDGS INC	496,696	$6.502M	14.7%	$13.00	—	—	75644T100
NVDA	NVIDIA CORPORATION	600,500	$4.393M	9.9%	—	—	PUT	67066G104
NVDA	NVIDIA CORPORATION	900,700	$2.63M	5.9%	—	—	CALL	67066G104
TSLA	TESLA INC	137,400	$2.366M	5.3%	—	—	PUT	88160R101
TSLA	TESLA INC	206,100	$1.471M	3.3%	—	—	CALL	88160R101
FLY	FIREFLY AEROSPACE INC	29,400	$837K	1.9%	$25.23	—	—	31816X106
LITE	LUMENTUM HLDGS INC	1,100	$773K	1.7%	$467.14	—	—	55024U109
AFRM	AFFIRM HLDGS INC	16,700	$765K	1.7%	$64.69	—	—	00827B106
FSLY	FASTLY INC	25,800	$750K	1.7%	$11.57	—	—	31188V100
LMND	LEMONADE INC	11,600	$727K	1.6%	$75.26	—	—	52567D107
UPST	UPSTART HLDGS INC	28,300	$726K	1.6%	$40.17	—	—	91680M107
APLD	APPLIED DIGITAL CORP	29,800	$707K	1.6%	$34.31	—	—	038169207
SEDG	SOLAREDGE TECHNOLOGIES INC	13,700	$699K	1.6%	$34.76	—	—	83417M104
COHR	COHERENT CORP	2,900	$691K	1.6%	$213.35	—	—	19247G107
WULF	TERAWULF INC	47,800	$690K	1.6%	$14.58	—	—	88080T104
VG	VENTURE GLOBAL INC	41,300	$651K	1.5%	$8.89	—	—	92333F101
SOC	SABLE OFFSHORE CORP	38,600	$638K	1.4%	$9.61	—	—	78574H104
PL	PLANET LABS PBC	22,600	$632K	1.4%	$24.28	—	—	72703X106
AAOI	APPLIED OPTOELECTRONICS INC	7,300	$618K	1.4%	$41.81	—	—	03823U102
COIN	COINBASE GLOBAL INC	19,500	$591K	1.3%	—	—	PUT	19260Q107
MSTR	STRATEGY INC	30,500	$494K	1.1%	—	—	PUT	594972408
LLY	ELI LILLY & CO	4,400	$488K	1.1%	—	—	PUT	532457108
WMT	WALMART INC	70,000	$341K	0.8%	—	—	PUT	931142103
CRWV	COREWEAVE INC	26,700	$224K	0.5%	—	—	CALL	21873S108
HOOD	ROBINHOOD MKTS INC	16,400	$220K	0.5%	—	—	PUT	770700102
PLTR	PALANTIR TECHNOLOGIES INC	14,800	$202K	0.5%	—	—	PUT	69608A108
FLY	FIREFLY AEROSPACE INC	58,800	$197K	0.4%	$25.23	—	CALL	31816X106
PLTR	PALANTIR TECHNOLOGIES INC	22,200	$167K	0.4%	—	—	CALL	69608A108
CRWV	COREWEAVE INC	17,800	$152K	0.3%	—	—	PUT	21873S108
LLY	ELI LILLY & CO	6,600	$126K	0.3%	—	—	CALL	532457108
SOC	SABLE OFFSHORE CORP	77,200	$118K	0.3%	$9.61	—	PUT	78574H104
AAOI	APPLIED OPTOELECTRONICS INC	21,900	$115K	0.3%	$41.81	—	PUT	03823U102
MSTR	STRATEGY INC	45,700	$100K	0.2%	—	—	CALL	594972408
COIN	COINBASE GLOBAL INC	29,200	$85,489	0.2%	—	—	CALL	19260Q107
PL	PLANET LABS PBC	67,800	$80,682	0.2%	$24.28	—	PUT	72703X106
AFRM	AFFIRM HLDGS INC	33,400	$77,655	0.2%	$64.69	—	CALL	00827B106
VG	VENTURE GLOBAL INC	82,600	$74,753	0.2%	$8.89	—	PUT	92333F101
RCAT	RED CAT HLDGS INC	110,600	$62,489	0.1%	$13.00	—	CALL	75644T100
HOOD	ROBINHOOD MKTS INC	24,600	$56,182	0.1%	—	—	CALL	770700102
COHR	COHERENT CORP	8,700	$55,129	0.1%	$213.35	—	PUT	19247G107
FSLY	FASTLY INC	51,600	$54,696	0.1%	$11.57	—	CALL	31188V100
UMAC	UNUSUAL MACHS INC	117,800	$47,120	0.1%	—	—	CALL	91532F102
ASTS	AST SPACEMOBILE INC	17,800	$46,458	0.1%	—	—	CALL	00217D100
BW	BABCOCK & WILCOX ENTERPRISES	143,700	$43,110	0.1%	—	—	PUT	05614L209
UPST	UPSTART HLDGS INC	56,600	$36,507	0.1%	$40.17	—	CALL	91680M107
LMND	LEMONADE INC	23,200	$35,728	0.1%	$75.26	—	CALL	52567D107
SEDG	SOLAREDGE TECHNOLOGIES INC	41,100	$35,620	0.1%	$34.76	—	PUT	83417M104
UMAC	UNUSUAL MACHS INC	176,700	$35,340	0.1%	—	—	PUT	91532F102
LITE	LUMENTUM HLDGS INC	2,200	$30,965	0.1%	$467.14	—	CALL	55024U109
WULF	TERAWULF INC	95,600	$30,592	0.1%	$14.58	—	PUT	88080T104
BW	BABCOCK & WILCOX ENTERPRISES	95,800	$28,740	0.1%	—	—	CALL	05614L209
LITE	LUMENTUM HLDGS INC	2,200	$28,160	0.1%	$467.14	—	PUT	55024U109
WULF	TERAWULF INC	95,600	$26,768	0.1%	$14.58	—	CALL	88080T104
APLD	APPLIED DIGITAL CORP	89,400	$24,436	0.1%	$34.31	—	PUT	038169207
RCAT	RED CAT HLDGS INC	110,600	$19,355	0.0%	$13.00	—	PUT	75644T100
SEDG	SOLAREDGE TECHNOLOGIES INC	27,400	$18,632	0.0%	$34.76	—	CALL	83417M104
FSLY	FASTLY INC	51,600	$15,996	0.0%	$11.57	—	PUT	31188V100
ASTS	AST SPACEMOBILE INC	17,800	$15,575	0.0%	—	—	PUT	00217D100
COHR	COHERENT CORP	5,800	$14,848	0.0%	$213.35	—	CALL	19247G107
LMND	LEMONADE INC	23,200	$14,500	0.0%	$75.26	—	PUT	52567D107
UPST	UPSTART HLDGS INC	56,600	$12,735	0.0%	$40.17	—	PUT	91680M107
VG	VENTURE GLOBAL INC	82,600	$8,260	0.0%	$8.89	—	CALL	92333F101
SOC	SABLE OFFSHORE CORP	77,200	$6,948	0.0%	$9.61	—	CALL	78574H104
AFRM	AFFIRM HLDGS INC	33,400	$5,511	0.0%	$64.69	—	PUT	00827B106
AAOI	APPLIED OPTOELECTRONICS INC	14,600	$4,745	0.0%	$41.81	—	CALL	03823U102
APLD	APPLIED DIGITAL CORP	29,800	$4,470	0.0%	$34.31	—	CALL	038169207
PL	PLANET LABS PBC	45,200	$4,294	0.0%	$24.28	—	CALL	72703X106
FLY	FIREFLY AEROSPACE INC	58,800	$3,528	0.0%	$25.23	—	PUT	31816X106

Decreased Positions (1)

NBIS NEBIUS GROUP N.V. 0.0%

Value $12,236 (-19.1%) Shares 15,200 (-27.6%) Est. Cost $110.59 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NBIS	NEBIUS GROUP N.V.	15,200 (-27.6%)	$12,236 (-19.1%)	0.0%	$110.59	—	PUT	N97284108