Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TSM	TAIWAN SEMICONDUCTOR MANUFAC	19,300	$372M	58.4%	—	—	CALL	874039100
GOOGL	ALPHABET INC	59,900	$17.22M	2.7%	—	—	CALL	02079K305
QQQ	INVESCO QQQ TR	25,400	$14.66M	2.3%	—	—	PUT	46090E103
AMD	ADVANCED MICRO DEVICES INC	69,300	$14.1M	2.2%	—	—	PUT	007903107
SMCI	SUPER MICRO COMPUTER INC	509,900	$11.61M	1.8%	—	—	PUT	86800U302
AMZN	AMAZON COM INC	54,200	$11.29M	1.8%	—	—	CALL	023135106
EWY	ISHARES INC	90,000	$11.07M	1.7%	—	—	CALL	464286772
TSLA	TESLA INC	29,000	$10.78M	1.7%	—	—	PUT	88160R101
INTC	INTEL CORP	175,600	$7.749M	1.2%	—	—	CALL	458140100
ASML	ASML HLDG NV	5,840	$7.714M	1.2%	—	—	N Y REGISTRY SHS	N07059210
BABA	ALIBABA GROUP HLDG LTD	48,600	$6.097M	1.0%	—	—	CALL	01609W102
XBI	SPDR SERIES TRUST	43,600	$5.569M	0.9%	—	—	PUT	78464A870
FORM	FORMFACTOR INC	55,400	$5.373M	0.8%	—	—	PUT	346375108
VRSN	VERISIGN INC	20,000	$4.967M	0.8%	—	—	CALL	92343E102
SE	SEA LTD	59,500	$4.927M	0.8%	—	—	CALL	81141R100
PLTR	PALANTIR TECHNOLOGIES INC	26,500	$3.876M	0.6%	—	—	CL A	69608A108
TIGO	MILLICOM INTL CELLULAR S A	49,200	$3.687M	0.6%	—	—	CALL	L6388F110
OXY	OCCIDENTAL PETE CORP	56,600	$3.679M	0.6%	—	—	CALL	674599105
AA	ALCOA CORP	55,200	$3.661M	0.6%	—	—	CALL	013872106
AAOI	APPLIED OPTOELECTRONICS INC	36,600	$3.096M	0.5%	—	—	COM	03823U102
AEHR	AEHR TEST SYS	80,200	$2.974M	0.5%	—	—	COM	00760J108
BW	BABCOCK & WILCOX ENTERPRISES	198,900	$2.922M	0.5%	—	—	COM	05614L209
POET	POET TECHNOLOGIES INC	326,300	$1.938M	0.3%	—	—	COM NEW	73044W302
IOT	SAMSARA INC	54,400	$1.724M	0.3%	—	—	COM CL A	79589L106
NUAI	NEW ERA ENERGY & DIGITAL INC	406,000	$1.648M	0.3%	—	—	CALL	64428N109
NBIS	NEBIUS GROUP N.V.	15,700	$1.629M	0.3%	—	—	CALL	N97284108
PURR	HYPERLIQUID STRATEGIES INC	305,300	$1.554M	0.2%	—	—	COM	44916Y106
OKLO	OKLO INC	26,400	$1.309M	0.2%	—	—	CALL	02156V109
CQP	CHENIERE ENERGY PARTNERS L P	16,000	$1.034M	0.2%	—	—	CALL	16411Q101
USAR	USA RARE EARTH INC	37,800	$572K	0.1%	—	—	CALL	91733P107
FRMI	FERMI INC	90,900	$531K	0.1%	—	—	CALL	314911108
EOSE	EOS ENERGY ENTERPRISES INC	102,600	$509K	0.1%	—	—	CALL	29415C101
BW	BABCOCK & WILCOX ENTERPRISES	33,000	$485K	0.1%	—	—	CALL	05614L209
VG	VENTURE GLOBAL INC	24,400	$385K	0.1%	—	—	CALL	92333F101

Increased Positions (7)

GOOGL ALPHABET INC 2.3%

Value $14.72M (+41.3%) Shares 51,200 (+53.8%) Est. Cost — Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 1.6%

Value $10.27M (+54.4%) Shares 30,380 (+38.8%) Est. Cost — Unrealized —

LITE LUMENTUM HLDGS INC 0.9%

Value $5.692M (+141.3%) Shares 8,100 (+26.6%) Est. Cost — Unrealized —

MU MICRON TECHNOLOGY INC 0.5%

Value $3.497M (+53.2%) Shares 10,350 (+29.4%) Est. Cost — Unrealized —

MU MICRON TECHNOLOGY INC 0.6%

Value $4.054M (+32.7%) Shares 12,000 (+12.1%) Est. Cost — Unrealized —

CRWD CROWDSTRIKE HLDGS INC 0.7%

Value $4.544M (+27.5%) Shares 11,640 (+53.2%) Est. Cost — Unrealized —

MSFT MICROSOFT CORP 1.1%

Value $6.996M (+12.1%) Shares 18,900 (+46.5%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	51,200 (+53.8%)	$14.72M (+41.3%)	2.3%	—	—	CAP STK CL A	02079K305
TSM	TAIWAN SEMICONDUCTOR MANUFAC	30,380 (+38.8%)	$10.27M (+54.4%)	1.6%	—	—	SPONSORED ADS	874039100
LITE	LUMENTUM HLDGS INC	8,100 (+26.6%)	$5.692M (+141.3%)	0.9%	—	—	COM	55024U109
MU	MICRON TECHNOLOGY INC	10,350 (+29.4%)	$3.497M (+53.2%)	0.5%	—	—	COM	595112103
MU	MICRON TECHNOLOGY INC	12,000 (+12.1%)	$4.054M (+32.7%)	0.6%	—	—	CALL	595112103
CRWD	CROWDSTRIKE HLDGS INC	11,640 (+53.2%)	$4.544M (+27.5%)	0.7%	—	—	CL A	22788C105
MSFT	MICROSOFT CORP	18,900 (+46.5%)	$6.996M (+12.1%)	1.1%	—	—	CALL	594918104

Exited Positions (30)

AMZN AMAZON COM INC 1.1%

Value $7.063M Shares 30,600 Est. Cost — Unrealized —

F FORD MTR CO 0.9%

Value $5.452M Shares 420,000 Est. Cost — Unrealized —

RBRK RUBRIK INC. 0.8%

Value $5.292M Shares 69,200 Est. Cost — Unrealized —

SE SEA LTD 0.8%

Value $4.974M Shares 38,988 Est. Cost — Unrealized —

CLS CELESTICA INC 0.8%

Value $4.878M Shares 16,500 Est. Cost — Unrealized —

RDDT REDDIT INC 0.7%

Value $4.23M Shares 18,400 Est. Cost — Unrealized —

AVGO BROADCOM INC 0.6%

Value $3.98M Shares 11,500 Est. Cost — Unrealized —

POET POET TECHNOLOGIES INC 0.4%

Value $2.578M Shares 407,300 Est. Cost — Unrealized —

NU NU HLDGS LTD 0.4%

Value $2.466M Shares 147,300 Est. Cost — Unrealized —

CRWV COREWEAVE INC 0.3%

Value $2.12M Shares 29,600 Est. Cost — Unrealized —

TWLO TWILIO INC 0.3%

Value $2.091M Shares 14,700 Est. Cost — Unrealized —

MELI MERCADOLIBRE INC 0.3%

Value $2.014M Shares 1,000 Est. Cost — Unrealized —

FIG FIGMA INC 0.3%

Value $1.719M Shares 46,000 Est. Cost — Unrealized —

GLW CORNING INC 0.3%

Value $1.664M Shares 19,000 Est. Cost — Unrealized —

TER TERADYNE INC 0.2%

Value $1.51M Shares 7,800 Est. Cost — Unrealized —

OSCR OSCAR HEALTH INC 0.2%

Value $1.367M Shares 95,100 Est. Cost — Unrealized —

BBAI BIGBEAR AI HLDGS INC 0.2%

Value $1.296M Shares 240,000 Est. Cost — Unrealized —

KVYO KLAVIYO INC 0.2%

Value $1.286M Shares 39,600 Est. Cost — Unrealized —

AMPL AMPLITUDE INC 0.2%

Value $1.223M Shares 105,600 Est. Cost — Unrealized —

NTSK NETSKOPE INC 0.2%

Value $1.052M Shares 60,000 Est. Cost — Unrealized —

GRRR GORILLA TECHNOLOGY GROUP INC 0.1%

Value $655K Shares 60,000 Est. Cost — Unrealized —

SSYS STRATASYS LTD 0.1%

Value $650K Shares 74,900 Est. Cost — Unrealized —

AREC AMERICAN RES CORP 0.1%

Value $409K Shares 165,000 Est. Cost — Unrealized —

UAMY UNITED STATES ANTIMONY CORP 0.1%

Value $402K Shares 80,000 Est. Cost — Unrealized —

HNGE HINGE HEALTH INC 0.0%

Value $232K Shares 5,000 Est. Cost — Unrealized —

IREN IREN LIMITED 0.0%

Value $219K Shares 5,800 Est. Cost — Unrealized —

FIGR FIGURE TECHNOLOGY SOLUTIO 0.0%

Value $204K Shares 5,000 Est. Cost — Unrealized —

SPWR SUNPOWER INC 0.0%

Value $165K Shares 104,800 Est. Cost — Unrealized —

FLNC FLUENCE ENERGY INC 0.0%

Value $133K Shares 6,700 Est. Cost — Unrealized —

SOC SABLE OFFSHORE CORP 0.0%

Value $101K Shares 11,200 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON COM INC	30,600	$7.063M	1.1%	—	—	—	023135106
F	FORD MTR CO	420,000	$5.452M	0.9%	—	—	CALL	345370860
RBRK	RUBRIK INC.	69,200	$5.292M	0.8%	—	—	—	781154109
SE	SEA LTD	38,988	$4.974M	0.8%	—	—	—	81141R100
CLS	CELESTICA INC	16,500	$4.878M	0.8%	—	—	—	15101Q207
RDDT	REDDIT INC	18,400	$4.23M	0.7%	—	—	—	75734B100
AVGO	BROADCOM INC	11,500	$3.98M	0.6%	—	—	—	11135F101
POET	POET TECHNOLOGIES INC	407,300	$2.578M	0.4%	—	—	CALL	73044W302
NU	NU HLDGS LTD	147,300	$2.466M	0.4%	—	—	—	G6683N103
CRWV	COREWEAVE INC	29,600	$2.12M	0.3%	—	—	CALL	21873S108
TWLO	TWILIO INC	14,700	$2.091M	0.3%	—	—	—	90138F102
MELI	MERCADOLIBRE INC	1,000	$2.014M	0.3%	—	—	—	58733R102
FIG	FIGMA INC	46,000	$1.719M	0.3%	—	—	—	316841105
GLW	CORNING INC	19,000	$1.664M	0.3%	—	—	—	219350105
TER	TERADYNE INC	7,800	$1.51M	0.2%	—	—	—	880770102
OSCR	OSCAR HEALTH INC	95,100	$1.367M	0.2%	—	—	—	687793109
BBAI	BIGBEAR AI HLDGS INC	240,000	$1.296M	0.2%	—	—	CALL	08975B109
KVYO	KLAVIYO INC	39,600	$1.286M	0.2%	—	—	—	49845K101
AMPL	AMPLITUDE INC	105,600	$1.223M	0.2%	—	—	—	03213A104
NTSK	NETSKOPE INC	60,000	$1.052M	0.2%	—	—	—	64119N608
GRRR	GORILLA TECHNOLOGY GROUP INC	60,000	$655K	0.1%	—	—	CALL	G4000K175
SSYS	STRATASYS LTD	74,900	$650K	0.1%	—	—	CALL	M85548101
AREC	AMERICAN RES CORP	165,000	$409K	0.1%	—	—	CALL	02927U208
UAMY	UNITED STATES ANTIMONY CORP	80,000	$402K	0.1%	—	—	CALL	911549103
HNGE	HINGE HEALTH INC	5,000	$232K	0.0%	—	—	—	433313103
IREN	IREN LIMITED	5,800	$219K	0.0%	—	—	CALL	Q4982L109
FIGR	FIGURE TECHNOLOGY SOLUTIO	5,000	$204K	0.0%	—	—	—	349381103
SPWR	SUNPOWER INC	104,800	$165K	0.0%	—	—	—	20460L104
FLNC	FLUENCE ENERGY INC	6,700	$133K	0.0%	—	—	CALL	34379V103
SOC	SABLE OFFSHORE CORP	11,200	$101K	0.0%	—	—	CALL	78574H104

Decreased Positions (7)

APP APPLOVIN CORP 0.9%

Value $5.516M (-54.8%) Shares 13,860 (-23.4%) Est. Cost — Unrealized —

INTC INTEL CORP 0.6%

Value $3.539M (-50.0%) Shares 80,200 (-58.2%) Est. Cost — Unrealized —

NVDA NVIDIA CORPORATION 1.3%

Value $8.336M (-24.2%) Shares 47,800 (-19.0%) Est. Cost — Unrealized —

META META PLATFORMS INC 1.2%

Value $7.581M (-24.4%) Shares 13,250 (-12.8%) Est. Cost — Unrealized —

BE BLOOM ENERGY CORP 0.4%

Value $2.486M (-20.5%) Shares 18,350 (-49.0%) Est. Cost — Unrealized —

TSEM TOWER SEMICONDUCTOR LTD 1.0%

Value $6.107M (-8.8%) Shares 34,800 (-38.9%) Est. Cost — Unrealized —

CIEN CIENA CORP 0.7%

Value $4.775M (+0.6%) Shares 12,300 (-39.4%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
APP	APPLOVIN CORP	13,860 (-23.4%)	$5.516M (-54.8%)	0.9%	—	—	COM CL A	03831W108
INTC	INTEL CORP	80,200 (-58.2%)	$3.539M (-50.0%)	0.6%	—	—	COM	458140100
NVDA	NVIDIA CORPORATION	47,800 (-19.0%)	$8.336M (-24.2%)	1.3%	—	—	COM	67066G104
META	META PLATFORMS INC	13,250 (-12.8%)	$7.581M (-24.4%)	1.2%	—	—	CL A	30303M102
BE	BLOOM ENERGY CORP	18,350 (-49.0%)	$2.486M (-20.5%)	0.4%	—	—	COM CL A	093712107
TSEM	TOWER SEMICONDUCTOR LTD	34,800 (-38.9%)	$6.107M (-8.8%)	1.0%	—	—	SHS NEW	M87915274
CIEN	CIENA CORP	12,300 (-39.4%)	$4.775M (+0.6%)	0.7%	—	—	COM NEW	171779309

Unchanged Positions (5)

HOOD ROBINHOOD MKTS INC 1.0%

Value $6.161M Shares 88,900 Est. Cost — Unrealized —

OPENZ OPENDOOR TECHNOLOGIES INC 0.0%

Value $201K Shares 16,333 Est. Cost — Unrealized —

OPENL OPENDOOR TECHNOLOGIES INC 0.0%

Value $136K Shares 16,333 Est. Cost — Unrealized —

OPENW OPENDOOR TECHNOLOGIES INC 0.0%

Value $70,559 Shares 16,333 Est. Cost — Unrealized —

CRCL CIRCLE INTERNET GROUP INC 0.0%

Value $219K Shares 2,300 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HOOD	ROBINHOOD MKTS INC	88,900	$6.161M	1.0%	—	—	COM CL A	770700102
OPENZ	OPENDOOR TECHNOLOGIES INC	16,333	$201K	0.0%	—	—	*W EXP 11/20/202	683712145
OPENL	OPENDOOR TECHNOLOGIES INC	16,333	$136K	0.0%	—	—	*W EXP 11/20/202	683712137
OPENW	OPENDOOR TECHNOLOGIES INC	16,333	$70,559	0.0%	—	—	*W EXP 11/20/202	683712129
CRCL	CIRCLE INTERNET GROUP INC	2,300	$219K	0.0%	—	—	COM CL A	172573107