UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31. 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Onyx Capital Management, LLC
Address: 50 Broadway
Suite 702
New York, NY 10004
13F File Number: 28-05543
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Michael A. Kelly
Title: Portfolio Manager
Phone: 212-798-5400
Signature, Place, and Date of Signing:
Michael A. Kelly New York, NY
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form13F Information Table Entry Total: 465
Form13F Information Table Value Total: 1073831
List of Other Included Managers:
List of Other Managers Reporting for this Manager:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filled, other
than the manager filing this report.
NONE
<PAGE>
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
TITLE
OF VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------------------------------------------------------------------------------------------------------------
A T & T CORP COM COMMON STOCK 001957109 2309 41000 SH PUT SOLE 1 41000 0 0
A T & T CORP COM COMMON STOCK 001957109 2309 41000 SH CALL SOLE 1 41000 0 0
ADAPTEC INC COM COMMON STOCK 00651F108 695 18000 SH SOLE 1 18000 0 0
ADAPTEC INC COM COMMON STOCK 00651F108 1545 40000 SH CALL SOLE 1 40000 0 0
ADAPTEC INC COM COMMON STOCK 00651F108 1545 40000 SH PUT SOLE 1 40000 0 0
ADC TELECOMMUNICATIONS COMMON STOCK 000886101 1616 30000 SH CALL SOLE 1 30000 0 0
ADC TELECOMMUNICATIONS COMMON STOCK 000886101 539 10000 SH CALL SOLE 1 10000 0 0
ADC TELECOMMUNICATIONS COMMON STOCK 000886101 1616 30000 SH PUT SOLE 1 30000 0 0
ADC TELECOMMUNICATIONS COMMON STOCK 000886101 539 10000 SH PUT SOLE 1 10000 0 0
ADVANCED MICRO DEVICES COMMON STOCK 007903107 1141 20000 SH PUT SOLE 1 20000 0 0
ADVANCED MICRO DEVICES COMMON STOCK 007903107 285 5000 SH PUT SOLE 1 5000 0 0
ADVANCED MICRO DEVICES COMMON STOCK 007903107 1427 25000 SH PUT SOLE 1 25000 0 0
ADVANCED MICRO DEVICES COMMON STOCK 007903107 1141 20000 SH PUT SOLE 1 20000 0 0
AKAMAI TECH COM STK COMMON STOCK 00971T101 1319 8200 SH SOLE 1 8200 0 0
ALCOA INC COM COMMON STOCK 013817101 2108 30000 SH CALL SOLE 1 30000 0 0
ALCOA INC COM COMMON STOCK 013817101 2108 30000 SH PUT SOLE 1 30000 0 0
ALTERA CORP COM COMMON STOCK 021441100 2678 30000 SH CALL SOLE 1 30000 0 0
ALTERA CORP COM COMMON STOCK 021441100 1785 20000 SH CALL SOLE 1 20000 0 0
ALTERA CORP COM COMMON STOCK 021441100 1785 20000 SH CALL SOLE 1 20000 0 0
ALTERA CORP COM COMMON STOCK 021441100 1785 20000 SH PUT SOLE 1 20000 0 0
ALTERA CORP COM COMMON STOCK 021441100 2678 30000 SH PUT SOLE 1 30000 0 0
ALTERA CORP COM COMMON STOCK 021441100 1116 12500 SH PUT SOLE 1 12500 0 0
ALTERA CORP COM COMMON STOCK 021441100 1785 20000 SH PUT SOLE 1 20000 0 0
ALZA CORP SUB DEB CONV CONVRT BONDS 022615AD0 4350 4000000 PRN SOLE 1 4000000 0 0
AMAZON COM INC COM COMMON STOCK 023135106 2010 30000 SH CALL SOLE 1 30000 0 0
AMAZON COM INC COM COMMON STOCK 023135106 2010 30000 SH PUT SOLE 1 30000 0 0
AMAZON COM INC COM COMMON STOCK 023135106 1340 20000 SH CALL SOLE 1 20000 0 0
AMAZON COM INC COM COMMON STOCK 023135106 670 10000 SH PUT SOLE 1 10000 0 0
AMAZON COM INC COM COMMON STOCK 023135106 2680 40000 SH CALL SOLE 1 40000 0 0
AMAZON COM INC COM COMMON STOCK 023135106 4020 60000 SH PUT SOLE 1 60000 0 0
AMAZON COM INC COM COMMON STOCK 023135106 1675 25000 SH PUT SOLE 1 25000 0 0
AMER HOME PRODS CORP COM COMMON STOCK 26609107 686 12800 SH SOLE 1 12800 0 0
AMER HOME PRODS CORP COM COMMON STOCK 026609107 2688 50000 SH PUT SOLE 1 50000 0 0
AMERICA ONLINE INC COM ST COMMON STOCK 026609107 4046 60000 SH PUT SOLE 1 60000 0 0
AMERICA ONLINE INC COM ST COMMON STOCK 026609107 4046 60000 SH PUT SOLE 1 60000 0 0
AMERICA ONLINE INC COM ST COMMON STOCK 026609107 2023 30000 SH PUT SOLE 1 30000 0 0
AMERICA ONLINE INC COM ST COMMON STOCK 026609107 1349 20000 SH PUT SOLE 1 20000 0 0
AMERICA ONLINE INC COM ST COMMON STOCK 026609107 4046 60000 SH CALL SOLE 1 60000 0 0
AMERICA ONLINE INC COM ST COMMON STOCK 026609107 2023 30000 SH CALL SOLE 1 30000 0 0
AMERICA ONLINE INC COM ST COMMON STOCK 026609107 3372 50000 SH CALL SOLE 1 50000 0 0
AMERICA ONLINE INC COM ST COMMON STOCK 026609107 2698 40000 SH PUT SOLE 1 40000 0 0
AMERICA ONLINE INC COM ST COMMON STOCK 026609107 4046 60000 SH CALL SOLE 1 60000 0 0
AMERICA ONLINE INC ZERO C CONVRT BONDS 02364JAC8 2202 4000000 PRN SOLE 1 4000000 0 0
AMERICAN PWR CONVERSION C COMMON STOCK 02364J104 1072 25000 SH CALL SOLE 1 25000 0 0
AMERICAN PWR CONVERSION C COMMON STOCK 02364J104 1072 25000 SH PUT SOLE 1 25000 0 0
AMERICAN TOWER CONV BOND CONVRT BONDS 029912AB8 9592 4500000 PRN SOLE 1 4500000 0 0
AMERICAN TOWER CORP CL A COMMON STOCK 029912201 272 5500 SH PUT SOLE 1 5500 0 0
AMGEN INC USD.0001 COM COMMON STOCK 031162100 460 7500 SH PUT SOLE 1 7500 0 0
AMGEN INC USD.0001 COM COMMON STOCK 031162100 859 14000 SH PUT SOLE 1 14000 0 0
AMGEN INC USD.0001 COM COMMON STOCK 31162100 313 5100 SH SOLE 1 5100 0 0
AMKOR TECHNOLOGIES INC COMMON STOCK 031652100 1327 25000 SH PUT SOLE 1 25000 0 0
APPLIED MATERIALS INC COM COMMON STOCK 038222105 2828 30000 SH PUT SOLE 1 30000 0 0
APPLIED MATERIALS INC COM COMMON STOCK 038222105 1885 20000 SH PUT SOLE 1 20000 0 0
APPLIED MATERIALS INC COM COMMON STOCK 038222105 1885 20000 SH PUT SOLE 1 20000 0 0
APPLIED MATERIALS INC COM COMMON STOCK 038222105 5655 60000 SH PUT SOLE 1 60000 0 0
APPLIED MATERIALS INC COM COMMON STOCK 038222105 5655 60000 SH PUT SOLE 1 60000 0 0
APPLIED MATERIALS INC COM COMMON STOCK 038222105 5655 60000 SH CALL SOLE 1 60000 0 0
APPLIED MATERIALS INC COM COMMON STOCK 038222105 4336 46000 SH CALL SOLE 1 46000 0 0
APPLIED MATERIALS INC COM COMMON STOCK 038222105 5655 60000 SH PUT SOLE 1 60000 0 0
ASPECT DEVELOPMENT INC CO COMMON STOCK 45234101 1931 30000 SH SOLE 1 30000 0 0
AT HOME CORPORATION SER A COMMON STOCK 45919107 1057 32100 SH SOLE 1 32100 0 0
AT HOME CORPORATION SER A COMMON STOCK 045234101 823 25000 SH PUT SOLE 1 25000 0 0
AT HOME CORPORATION SER A COMMON STOCK 045234101 1153 35000 SH PUT SOLE 1 35000 0 0
ATLANTIC RICHFIELD CO USD COMMON STOCK 48825103 5100 60000 SH SOLE 1 60000 0 0
AUTOMATIC DATA PROCESSING COMMON STOCK 048825103 1930 40000 SH PUT SOLE 1 40000 0 0
AUTOMATIC DATA PROCESSING COMMON STOCK 53015103 511 10600 SH SOLE 1 10600 0 0
AUTOMATIC DATA PROCESSING COMMON STOCK 048825103 1930 40000 SH CALL SOLE 1 40000 0 0
BCE INC CAD COM NPV COMMON STOCK 05534B109 3136 25000 SH SOLE 1 25000 0 0
BIOGEN INC COMMON STOCK 090597105 1048 15000 SH PUT SOLE 1 15000 0 0
BMC SOFTWARE INC USD COM COMMON STOCK 55921100 1629 33000 SH SOLE 1 33000 0 0
BMC SOFTWARE INC USD COM COMMON STOCK 055921100 988 20000 SH CALL SOLE 1 20000 0 0
BMC SOFTWARE INC USD COM COMMON STOCK 055921100 1975 40000 SH PUT SOLE 1 40000 0 0
BOEING CO USD5 COM COMMON STOCK 097023105 1134 30000 SH CALL SOLE 1 30000 0 0
BOEING CO USD5 COM COMMON STOCK 097023105 1134 30000 SH PUT SOLE 1 30000 0 0
BOEING CO USD5 COM COMMON STOCK 97023105 400 10550 SH SOLE 1 10550 0 0
BOEING CO USD5 COM COMMON STOCK 097023105 2647 70000 SH CALL SOLE 1 70000 0 0
CABLEVISION SYSTEMS CORP COMMON STOCK 097023105 608 10000 SH CALL SOLE 1 10000 0 0
CABLEVISION SYSTEMS CORP COMMON STOCK 097023105 608 10000 SH PUT SOLE 1 10000 0 0
CATERPILLAR INC COM COMMON STOCK 149123101 2536 64300 SH SOLE 1 64300 0 0
CATERPILLAR INC COM COMMON STOCK 149123101 986 25000 SH CALL SOLE 1 25000 0 0
CATERPILLAR INC COM COMMON STOCK 149123101 1578 40000 SH CALL SOLE 1 40000 0 0
CATERPILLAR INC COM COMMON STOCK 149123101 394 10000 SH PUT SOLE 1 10000 0 0
CATERPILLAR INC COM COMMON STOCK 149123101 1972 50000 SH PUT SOLE 1 50000 0 0
CATERPILLAR INC COM COMMON STOCK 149123101 1775 45000 SH PUT SOLE 1 45000 0 0
CATERPILLAR INC COM COMMON STOCK 149123101 2169 55000 SH PUT SOLE 1 55000 0 0
CBS CORPORATION COM COMMON STOCK 12490K107 2831 50000 SH PUT SOLE 1 50000 0 0
CBS CORPORATION COM COMMON STOCK 12490K107 4530 80000 SH PUT SOLE 1 80000 0 0
CBS CORPORATION COM COMMON STOCK 12490K107 2831 50000 SH PUT SOLE 1 50000 0 0
CBS CORPORATION COM COMMON STOCK 12490K107 1416 25000 SH PUT SOLE 1 25000 0 0
CBS CORPORATION COM COMMON STOCK 12490K107 1699 30000 SH CALL SOLE 1 30000 0 0
CBS CORPORATION COM COMMON STOCK 12490K107 680 12000 SH PUT SOLE 1 12000 0 0
CBS CORPORATION COM COMMON STOCK 12490K107 680 12000 SH CALL SOLE 1 12000 0 0
CBS CORPORATION COM COMMON STOCK 12490K107 2945 52000 SH CALL SOLE 1 52000 0 0
CBS CORPORATION COM COMMON STOCK 12490K107 2265 40000 SH CALL SOLE 1 40000 0 0
CHARLES SCHWAB CORP COM COMMON STOCK 808513105 6249 110000 SH CALL SOLE 1 110000 0 0
CHARLES SCHWAB CORP COM COMMON STOCK 808513105 1704 30000 SH CALL SOLE 1 30000 0 0
CHARLES SCHWAB CORP COM COMMON STOCK 808513105 1704 30000 SH CALL SOLE 1 30000 0 0
CHARLES SCHWAB CORP COM COMMON STOCK 808513105 3409 60000 SH PUT SOLE 1 60000 0 0
CHARLES SCHWAB CORP COM COMMON STOCK 808513105 4545 80000 SH PUT SOLE 1 80000 0 0
CHARLES SCHWAB CORP COM COMMON STOCK 808513105 1704 30000 SH PUT SOLE 1 30000 0 0
CHASE MANHATTAN CORP COM COMMON STOCK 808513105 3488 40000 SH CALL SOLE 1 40000 0 0
CHASE MANHATTAN CORP COM COMMON STOCK 808513105 3488 40000 SH PUT SOLE 1 40000 0 0
CHASE MANHATTAN CORP COM COMMON STOCK 808513105 3052 35000 SH PUT SOLE 1 35000 0 0
CHASE MANHATTAN CORP COM COMMON STOCK 16161A108 301 3450 SH SOLE 1 3450 0 0
CHASE MANHATTAN CORP COM COMMON STOCK 808513105 2616 30000 SH PUT SOLE 1 30000 0 0
CHEVRON CORP COM COMMON STOCK 166751107 740 8000 SH PUT SOLE 1 8000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 1933 25000 SH CALL SOLE 1 25000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 3093 40000 SH CALL SOLE 1 40000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 3093 40000 SH CALL SOLE 1 40000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 1546 20000 SH CALL SOLE 1 20000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 3093 40000 SH CALL SOLE 1 40000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 3866 50000 SH PUT SOLE 1 50000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 8504 110000 SH PUT SOLE 1 110000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 9278 120000 SH PUT SOLE 1 120000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 3093 40000 SH PUT SOLE 1 40000 0 0
CITIGROUP INC COM STK COMMON STOCK 172967101 3593 60000 SH PUT SOLE 1 60000 0 0
CITIGROUP INC COM STK COMMON STOCK 172967101 1796 30000 SH CALL SOLE 1 30000 0 0
CITIGROUP INC COM STK COMMON STOCK 172967101 1796 30000 SH PUT SOLE 1 30000 0 0
CLEAR CHANNEL COMMUNICATI COMMON STOCK 172967101 1381 20000 SH PUT SOLE 1 20000 0 0
CLEAR CHANNEL COMMUNICATI COMMON STOCK 172967101 1036 15000 SH PUT SOLE 1 15000 0 0
CMGI INC COM COMMON STOCK 125750109 504 4450 SH SOLE 1 4450 0 0
CMGI INC COM COMMON STOCK 125750109 3399 30000 SH CALL SOLE 1 30000 0 0
CMGI INC COM COMMON STOCK 125750109 1133 10000 SH PUT SOLE 1 10000 0 0
CMGI INC COM COMMON STOCK 125750109 5326 47000 SH PUT SOLE 1 47000 0 0
CMGI INC COM COMMON STOCK 125750109 3399 30000 SH PUT SOLE 1 30000 0 0
CMGI INC COM COMMON STOCK 125750109 1258 11100 SH PUT SOLE 1 11100 0 0
CMGI INC COM COMMON STOCK 125750109 3399 30000 SH PUT SOLE 1 30000 0 0
CMGI INC COM COMMON STOCK 125750109 3966 35000 SH PUT SOLE 1 35000 0 0
CMGI INC COM COMMON STOCK 125750109 3966 35000 SH CALL SOLE 1 35000 0 0
CNF TRUST I PRFD SERIES A PRFD STK (CONVRT 12612V205 1556 36600 SH SOLE 1 36600 0 0
COCA COLA CO COM USD .25 COMMON STOCK 191216100 939 20000 SH CALL SOLE 1 20000 0 0
COCA COLA CO COM USD .25 COMMON STOCK 191216100 1173 25000 SH CALL SOLE 1 25000 0 0
COCA COLA CO COM USD .25 COMMON STOCK 191216100 939 20000 SH CALL SOLE 1 20000 0 0
COMCAST CORP CL A SPECIAL COMMON STOCK 200300200 868 20000 SH CALL SOLE 1 20000 0 0
COMPUTER ASSOC INTL INC C COMMON STOCK 204912109 1338 22600 SH SOLE 1 22600 0 0
COMPUTER ASSOC INTL INC C COMMON STOCK 200300200 592 10000 SH CALL SOLE 1 10000 0 0
COMPUTER ASSOC INTL INC C COMMON STOCK 200300200 2959 50000 SH CALL SOLE 1 50000 0 0
COMPUTER ASSOC INTL INC C COMMON STOCK 200300200 2959 50000 SH PUT SOLE 1 50000 0 0
COMPUTER ASSOC INTL INC C COMMON STOCK 200300200 1776 30000 SH PUT SOLE 1 30000 0 0
COMSAT CORP COM STK SERIE COMMON STOCK 20564D107 413 20000 SH SOLE 1 20000 0 0
COMVERSE TECHNOLOGY INC U COMMON STOCK 20564D107 5670 30000 SH PUT SOLE 1 30000 0 0
CONCENTRIC NETWORK CORP COMMON STOCK 20589R107 5429 98700 SH SOLE 1 98700 0 0
CONEXANT SYSTEMS CON V 14 CONVRT BONDS 144 207142AD2 3637 4000000 PRN SOLE 1 4000000 0 0
CORDANT TECHNOLOGIES INC COMMON STOCK 218412104 939 16600 SH SOLE 1 16600 0 0
COSTCO WHOLESALE CORP COM COMMON STOCK 218412104 1051 20000 SH CALL SOLE 1 20000 0 0
COSTCO WHOLESALE CORP COM COMMON STOCK 218412104 1051 20000 SH PUT SOLE 1 20000 0 0
COSTCO WHOLESALE CORP COM COMMON STOCK 218412104 2628 50000 SH PUT SOLE 1 50000 0 0
COSTCO WHOLESALE CORP COM COMMON STOCK 218412104 1577 30000 SH CALL SOLE 1 30000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 2265 42000 SH PUT SOLE 1 42000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 1618 30000 SH CALL SOLE 1 30000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 4854 90000 SH CALL SOLE 1 90000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 3236 60000 SH CALL SOLE 1 60000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 2158 40000 SH CALL SOLE 1 40000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 2697 50000 SH PUT SOLE 1 50000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 2697 50000 SH PUT SOLE 1 50000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 2697 50000 SH PUT SOLE 1 50000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 1618 30000 SH PUT SOLE 1 30000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 1726 32000 SH CALL SOLE 1 32000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 1618 30000 SH PUT SOLE 1 30000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 2697 50000 SH PUT SOLE 1 50000 0 0
DELTA & PINE LAND CO LTD COMMON STOCK 247357106 1019 51600 SH SOLE 1 51600 0 0
DIGEX INC CL-A COM COMMON STOCK 253756100 2219 20000 SH CALL SOLE 1 20000 0 0
DII GROUP INC COM COMMON STOCK 232949107 4466 39500 SH SOLE 1 39500 0 0
DISNEY WALT CO COM STK COMMON STOCK 254687106 2063 50000 SH CALL SOLE 1 50000 0 0
DISNEY WALT CO COM STK COMMON STOCK 254687106 2063 50000 SH PUT SOLE 1 50000 0 0
DOLLAR TREE STORES INC, C COMMON STOCK 254687106 1043 20000 SH CALL SOLE 1 20000 0 0
DOLLAR TREE STORES INC, C COMMON STOCK 254687106 1043 20000 SH CALL SOLE 1 20000 0 0
DOLLAR TREE STORES INC, C COMMON STOCK 254687106 1824 35000 SH CALL SOLE 1 35000 0 0
DOLLAR TREE STORES INC, C COMMON STOCK 254687106 1303 25000 SH CALL SOLE 1 25000 0 0
DOLLAR TREE STORES INC, C COMMON STOCK 254687106 1043 20000 SH PUT SOLE 1 20000 0 0
DOLLAR TREE STORES INC, C COMMON STOCK 254687106 1043 20000 SH PUT SOLE 1 20000 0 0
DOLLAR TREE STORES INC, C COMMON STOCK 254687106 1303 25000 SH PUT SOLE 1 25000 0 0
DU PONT E I DE NEMOURS & COMMON STOCK 256747106 2912 55000 SH CALL SOLE 1 55000 0 0
DU PONT E I DE NEMOURS & COMMON STOCK 256747106 1668 31500 SH CALL SOLE 1 31500 0 0
DU PONT E I DE NEMOURS & COMMON STOCK 256747106 1588 30000 SH PUT SOLE 1 30000 0 0
DU PONT E I DE NEMOURS & COMMON STOCK 263534109 841 15900 SH SOLE 1 15900 0 0
E-TEK DYNAMICS INC COM COMMON STOCK 26922C103 3116 25000 SH SOLE 1 25000 0 0
EASTMAN KODAK CO COM USD COMMON STOCK 269240107 5881 25000 SH SOLE 1 25000 0 0
EASTMAN KODAK CO COM USD COMMON STOCK 277461109 2547 46900 SH SOLE 1 46900 0 0
EASTMAN KODAK CO COM USD COMMON STOCK 263534109 2716 50000 SH CALL SOLE 1 50000 0 0
EASTMAN KODAK CO COM USD COMMON STOCK 263534109 1629 30000 SH CALL SOLE 1 30000 0 0
EASTMAN KODAK CO COM USD COMMON STOCK 263534109 2716 50000 SH CALL SOLE 1 50000 0 0
EASTMAN KODAK CO COM USD COMMON STOCK 263534109 1629 30000 SH PUT SOLE 1 30000 0 0
EBAY INC COM STK COMMON STOCK 278642103 880 5000 SH PUT SOLE 1 5000 0 0
EBAY INC COM STK COMMON STOCK 278642103 880 5000 SH PUT SOLE 1 5000 0 0
EBAY INC COM STK COMMON STOCK 278642103 2112 12000 SH PUT SOLE 1 12000 0 0
EBAY INC COM STK COMMON STOCK 278642103 880 5000 SH CALL SOLE 1 5000 0 0
EBAY INC COM STK COMMON STOCK 278642103 616 3500 SH SOLE 1 3500 0 0
EBAY INC COM STK COMMON STOCK 278642103 2716 50000 SH PUT SOLE 1 50000 0 0
EBAY INC COM STK COMMON STOCK 278642103 1760 10000 SH PUT SOLE 1 10000 0 0
ETEC SYSTEMS INC COM COMMON STOCK 26922C103 1760 10000 SH PUT SOLE 1 10000 0 0
EXXON MOBIL CORP COM STK COMMON STOCK 30231G102 1948 25000 SH CALL SOLE 1 25000 0 0
EXXON MOBIL CORP COM STK COMMON STOCK 30231G102 779 10000 SH PUT SOLE 1 10000 0 0
EXXON MOBIL CORP COM STK COMMON STOCK 30231G102 546 7000 SH PUT SOLE 1 7000 0 0
EXXON MOBIL CORP COM STK COMMON STOCK 30231G102 390 5000 SH PUT SOLE 1 5000 0 0
EXXON MOBIL CORP COM STK COMMON STOCK 30231G102 3507 45000 SH PUT SOLE 1 45000 0 0
EXXON MOBIL CORP COM STK COMMON STOCK 30231G102 2338 30000 SH PUT SOLE 1 30000 0 0
EXXON MOBIL CORP COM STK COMMON STOCK 30231G102 3897 50000 SH CALL SOLE 1 50000 0 0
EXXON MOBIL CORP COM STK COMMON STOCK 30231G102 2338 30000 SH CALL SOLE 1 30000 0 0
EXXON MOBIL CORP COM STK COMMON STOCK 30231G102 1404 18043 SH SOLE 1 18043 0 0
EXXON MOBIL CORP COM STK COMMON STOCK 30231G102 390 5000 SH PUT SOLE 1 5000 0 0
FIRST SEC CORP DEL COM COMMON STOCK 336294103 804 67000 SH SOLE 1 67000 0 0
FLEET BOSTON FINANCIAL CO COMMON STOCK 336294103 1278 35000 SH CALL SOLE 1 35000 0 0
FLEET BOSTON FINANCIAL CO COMMON STOCK 336294103 639 17500 SH PUT SOLE 1 17500 0 0
FLEET BOSTON FINANCIAL CO COMMON STOCK 336294103 548 15000 SH PUT SOLE 1 15000 0 0
FLOWERS INDS INC COM COMMON STOCK 343496105 421 27700 SH SOLE 1 27700 0 0
FORD MTR CO DEL COM COMMON STOCK 345370100 1847 40200 SH SOLE 1 40200 0 0
FORD MTR CO DEL COM COMMON STOCK 345370100 1378 30000 SH PUT SOLE 1 30000 0 0
FORD MTR CO DEL COM COMMON STOCK 345370100 2297 50000 SH PUT SOLE 1 50000 0 0
FOX ENTERTAINMENT GROUP I COMMON STOCK 35138T107 563 18800 SH SOLE 1 18800 0 0
FREDDIE MAC USD0.21 COM COMMON STOCK 313400301 1105 25000 SH CALL SOLE 1 25000 0 0
FREDDIE MAC USD0.21 COM COMMON STOCK 313400301 1105 25000 SH PUT SOLE 1 25000 0 0
GATEWAY INC COM COMMON STOCK 367626108 4244 80000 SH PUT SOLE 1 80000 0 0
GATEWAY INC COM COMMON STOCK 367626108 1061 20000 SH PUT SOLE 1 20000 0 0
GATEWAY INC COM COMMON STOCK 367626108 4244 80000 SH CALL SOLE 1 80000 0 0
GATEWAY INC COM COMMON STOCK 367626108 1061 20000 SH CALL SOLE 1 20000 0 0
GATEWAY INC COM COMMON STOCK 367626108 1675 31600 SH SOLE 1 31600 0 0
GATEWAY INC COM COMMON STOCK 367626108 1061 20000 SH CALL SOLE 1 20000 0 0
GENERAL MTRS CORP COM COMMON STOCK 370442105 414 5000 SH SOLE 1 5000 0 0
GEORGIA PACIFIC GROUP COM COMMON STOCK 373298108 791 20000 SH CALL SOLE 1 20000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK #N/A N.A. 1023 25000 SH CALL SOLE 1 25000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK #N/A N.A. 2661 65000 SH PUT SOLE 1 65000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK #N/A N.A. 2047 50000 SH PUT SOLE 1 50000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK #N/A N.A. 1638 40000 SH PUT SOLE 1 40000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK #N/A N.A. 3275 80000 SH CALL SOLE 1 80000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK #N/A N.A. 2047 50000 SH CALL SOLE 1 50000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK G3921A100 952 23260 SH SOLE 1 23260 0 0
GLOBAL CROSSING LTD COM COMMON STOCK #N/A N.A. 2047 50000 SH PUT SOLE 1 50000 0 0
GTE CORP COM COMMON STOCK 362320103 2840 40000 SH PUT SOLE 1 40000 0 0
GTE CORP COM COMMON STOCK 362320103 1867 26300 SH SOLE 1 26300 0 0
GTE CORP COM COMMON STOCK 362320103 355 5000 SH CALL SOLE 1 5000 0 0
GTE CORP COM COMMON STOCK 362320103 2840 40000 SH CALL SOLE 1 40000 0 0
GTE CORP COM COMMON STOCK 362320103 497 7000 SH PUT SOLE 1 7000 0 0
HANNAFORD BROS CO COM COMMON STOCK 410550107 2581 35000 SH SOLE 1 35000 0 0
HASBRO INC COM COMMON STOCK 418056107 396 24000 SH SOLE 1 24000 0 0
INCYTE PHARMA INC CONV SU CONVRT BONDS 144 45337CAA0 4966 6000000 PRN SOLE 1 6000000 0 0
INFINITY BROADCASTING COR COMMON STOCK 45662S102 486 15000 SH SOLE 1 15000 0 0
INKTOMI CORP COM COMMON STOCK 457277101 3900 20000 SH PUT SOLE 1 20000 0 0
INKTOMI CORP COM COMMON STOCK 457277101 1950 10000 SH PUT SOLE 1 10000 0 0
INPRISE CORP COM COMMON STOCK 45766C102 204 30000 SH SOLE 1 30000 0 0
INTEL CORP COM COMMON STOCK 458140100 3958 30000 SH PUT SOLE 1 30000 0 0
INTEL CORP COM COMMON STOCK 458140100 3298 25000 SH PUT SOLE 1 25000 0 0
INTEL CORP COM COMMON STOCK 458140100 2639 20000 SH CALL SOLE 1 20000 0 0
INTEL CORP COM COMMON STOCK 458140100 5937 45000 SH PUT SOLE 1 45000 0 0
INTEL CORP COM COMMON STOCK 458140100 2639 20000 SH PUT SOLE 1 20000 0 0
INTEL CORP COM COMMON STOCK 458140100 2639 20000 SH PUT SOLE 1 20000 0 0
INTEL CORP COM COMMON STOCK 458140100 2639 20000 SH PUT SOLE 1 20000 0 0
INTEL CORP COM COMMON STOCK 458140100 2639 20000 SH CALL SOLE 1 20000 0 0
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</TABLE>
