UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 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 August 14, 2000
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: 545
Form13F Information Table Value Total: 1426900
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
------------------------------------------------------------------------------------------------------------------------------------
3COM CORP COM COMMON STOCK 885535104 2305 40000 SH CALL SOLE 0 40000 0 0
A T & T CORP COM COMMON STOCK 001957109 2372 75000 SH CALL SOLE 0 75000 0 0
A T & T CORP COM COMMON STOCK 001957109 1297 41000 SH CALL SOLE 0 41000 0 0
ACTIVE SOFTWARE INC COM COMMON STOCK 00504E100 777 10000 SH SOLE 0 10000 0 0
ADAPTEC INC COM COMMON STOCK 00651F108 910 40000 SH CALL SOLE 0 40000 0 0
ADC TELECOMMUNICATIONS COMMON STOCK 000886101 839 10000 SH PUT SOLE 0 10000 0 0
ADC TELECOMMUNICATIONS COMMON STOCK 000886101 7968 95000 SH CALL SOLE 0 95000 0 0
ADC TELECOMMUNICATIONS COMMON STOCK 000886101 839 10000 SH CALL SOLE 0 10000 0 0
ADC TELECOMMUNICATIONS COMMON STOCK 000886101 839 10000 SH PUT SOLE 0 10000 0 0
ADC TELECOMMUNICATIONS COMMON STOCK 000886101 8388 100000 SH PUT SOLE 0 100000 0 0
ADVANCED MICRO DEVICES COMMON STOCK 007903107 386 5000 SH PUT SOLE 0 5000 0 0
ADVANCED MICRO DEVICES COMMON STOCK 007903107 1931 25000 SH PUT SOLE 0 25000 0 0
ADVANCED MICRO DEVICES COMMON STOCK 007903107 1545 20000 SH PUT SOLE 0 20000 0 0
ADVANCED MICRO DEVICES COMMON STOCK 007903107 1545 20000 SH PUT SOLE 0 20000 0 0
AES CORP USD.01 COM COMMON STOCK 00130H105 684 15000 SH PUT SOLE 0 15000 0 0
AES CORP USD.01 COM COMMON STOCK 00130H105 9125 200000 SH PUT SOLE 0 200000 0 0
AES CORP USD.01 COM COMMON STOCK 00130H105 456 10000 SH PUT SOLE 0 10000 0 0
ALTERA CORP COM COMMON STOCK 021441100 2243 22000 SH PUT SOLE 0 22000 0 0
ALTERA CORP COM COMMON STOCK 021441100 2243 22000 SH CALL SOLE 0 22000 0 0
ALTERA CORP COM COMMON STOCK 021441100 2803 27500 SH CALL SOLE 0 27500 0 0
ALTERA CORP COM COMMON STOCK 021441100 2039 20000 SH CALL SOLE 0 20000 0 0
ALTERA CORP COM COMMON STOCK 021441100 2039 20000 SH PUT SOLE 0 20000 0 0
ALTERA CORP COM COMMON STOCK 021441100 2803 27500 SH PUT SOLE 0 27500 0 0
ALTERA CORP COM COMMON STOCK 021441100 2039 20000 SH PUT SOLE 0 20000 0 0
AMAZON COM INC COM COMMON STOCK 023135106 908 25000 SH PUT SOLE 0 25000 0 0
AMAZON COM INC COM COMMON STOCK 023135106 1089 30000 SH CALL SOLE 0 30000 0 0
AMAZON COM INC COM COMMON STOCK 023135106 1089 30000 SH CALL SOLE 0 30000 0 0
AMAZON COM INC COM COMMON STOCK 023135106 1453 40000 SH CALL SOLE 0 40000 0 0
AMAZON COM INC COM COMMON STOCK 023135106 2179 60000 SH PUT SOLE 0 60000 0 0
AMAZON COM INC COM COMMON STOCK 023135106 726 20000 SH CALL SOLE 0 20000 0 0
AMAZON COM INC COM COMMON STOCK 023135106 1089 30000 SH PUT SOLE 0 30000 0 0
AMAZON COM INC COM COMMON STOCK 023135106 2553 36900 SH SOLE 0 36900 0 0
AMAZON COM INC COM COMMON STOCK 023135106 1816 50000 SH PUT SOLE 0 50000 0 0
AMAZON COM INC COM COMMON STOCK 023135106 363 10000 SH PUT SOLE 0 10000 0 0
AMER HOME PRODS CORP CO COMMON STOCK 026609107 4406 75000 SH CALL SOLE 0 75000 0 0
AMER HOME PRODS CORP CO COMMON STOCK 026609107 4406 75000 SH PUT SOLE 0 75000 0 0
AMER HOME PRODS CORP CO COMMON STOCK 026609107 2938 50000 SH CALL SOLE 0 50000 0 0
AMERICA ONLINE INC COM COMMON STOCK 02364J104 5269 100000 SH CALL SOLE 0 100000 0 0
AMERICA ONLINE INC COM COMMON STOCK 02364J104 5796 110000 SH PUT SOLE 0 110000 0 0
AMERICA ONLINE INC COM COMMON STOCK 02364J104 2634 50000 SH PUT SOLE 0 50000 0 0
AMERICA ONLINE INC COM COMMON STOCK 02364J104 3161 60000 SH CALL SOLE 0 60000 0 0
AMERICA ONLINE INC COM COMMON STOCK 02364J104 2108 40000 SH PUT SOLE 0 40000 0 0
AMERICA ONLINE INC COM COMMON STOCK 02364J104 4853 92000 SH SOLE 0 92000 0 0
AMERICA ONLINE INC COM COMMON STOCK 02364J104 3161 60000 SH PUT SOLE 0 60000 0 0
AMERICA ONLINE INC COM COMMON STOCK 02364J104 3161 60000 SH CALL SOLE 0 60000 0 0
AMERICA ONLINE INC ZERO CONVRT BONDS 02364JAC8 2017 4000000 PRN SOLE 0 4000000 0 0
AMERICAN PWR CONVERSION COMMON STOCK 029066107 2041 50000 SH PUT SOLE 0 50000 0 0
AMERICAN PWR CONVERSION COMMON STOCK 029066107 2041 50000 SH CALL SOLE 0 50000 0 0
AMERICAN TOWER BONDS CONVRT BONDS 029912AD4 11694 9000000 PRN SOLE 0 9000000 0 0
AMERICAN TOWER CORP CL COMMON STOCK 029912201 2585 62000 SH PUT SOLE 0 62000 0 0
AMERICAN TOWER CORP CL COMMON STOCK 029912201 1251 30000 SH PUT SOLE 0 30000 0 0
AMERICAN TOWER CORP CL COMMON STOCK 029912201 229 5500 SH PUT SOLE 0 5500 0 0
APACHE CORPORATION 6.50 PFRD STK CONV SU 037411600 1416 27500 SH SOLE 0 27500 0 0
APPLIED MATERIALS INC C COMMON STOCK 038222105 2719 30000 SH PUT SOLE 0 30000 0 0
APPLIED MATERIALS INC C COMMON STOCK 038222105 4531 50000 SH PUT SOLE 0 50000 0 0
APPLIED MATERIALS INC C COMMON STOCK 038222105 4531 50000 SH PUT SOLE 0 50000 0 0
APPLIED MATERIALS INC C COMMON STOCK 038222105 3625 40000 SH PUT SOLE 0 40000 0 0
APPLIED MATERIALS INC C COMMON STOCK 038222105 1813 20000 SH PUT SOLE 0 20000 0 0
APPLIED MATERIALS INC C COMMON STOCK 038222105 2719 30000 SH PUT SOLE 0 30000 0 0
APPLIED MATERIALS INC C COMMON STOCK 038222105 3625 40000 SH CALL SOLE 0 40000 0 0
APPLIED MATERIALS INC C COMMON STOCK 038222105 1758 19400 SH SOLE 0 19400 0 0
APPLIED MATERIALS INC C COMMON STOCK 038222105 2719 30000 SH CALL SOLE 0 30000 0 0
AT HOME CORP SUB DEBENT CONVRT BONDS 045919AC1 2703 6000000 PRN SOLE 0 6000000 0 0
AT HOME CORPORATION SER COMMON STOCK 045919107 1038 50000 SH PUT SOLE 0 50000 0 0
AT HOME CORPORATION SER COMMON STOCK 045919107 303 14600 SH SOLE 0 14600 0 0
AT HOME CORPORATION SER COMMON STOCK 045919107 726 35000 SH PUT SOLE 0 35000 0 0
AT HOME CORPORATION SER COMMON STOCK 045919107 1038 50000 SH PUT SOLE 0 50000 0 0
BANK OF AMERICA CORP CO COMMON STOCK 060505104 430 10000 SH CALL SOLE 0 10000 0 0
BCE INC CAD COM NPV COMMON STOCK 05534B109 833 35000 SH SOLE 0 35000 0 0
BELLSOUTH CORP COM COMMON STOCK 079860102 465 10900 SH SOLE 0 10900 0 0
BELLSOUTH CORP COM COMMON STOCK 079860102 2131 50000 SH CALL SOLE 0 50000 0 0
BELLSOUTH CORP COM COMMON STOCK 079860102 2131 50000 SH PUT SOLE 0 50000 0 0
BESTFOODS INC COM COMMON STOCK 08658U101 10734 155000 SH SOLE 0 155000 0 0
BRISTOL MYERS SQUIBB CO COMMON STOCK 110122108 2913 50000 SH CALL SOLE 0 50000 0 0
BROADVISION INC COM COMMON STOCK 111412102 889 17500 SH SOLE 0 17500 0 0
BROADVISION INC COM COMMON STOCK 111412102 2795 55000 SH CALL SOLE 0 55000 0 0
BROADVISION INC COM COMMON STOCK 111412102 2795 55000 SH PUT SOLE 0 55000 0 0
BURR BROWN CORP COM COMMON STOCK 122574106 4334 50000 SH SOLE 0 50000 0 0
CABLEVISION SYSTEMS COR COMMON STOCK 12686C109 679 10000 SH PUT SOLE 0 10000 0 0
CATERPILLAR INC COM COMMON STOCK 149123101 1694 50000 SH PUT SOLE 0 50000 0 0
CATERPILLAR INC COM COMMON STOCK 149123101 1497 44200 SH SOLE 0 44200 0 0
CFM TECHNOLOGIES INC C COMMON STOCK 12525K106 775 50000 SH SOLE 0 50000 0 0
CHARLES SCHWAB CORP COM COMMON STOCK 808513105 3363 100000 SH PUT SOLE 0 100000 0 0
CHARLES SCHWAB CORP COM COMMON STOCK 808513105 1513 45000 SH CALL SOLE 0 45000 0 0
CHARLES SCHWAB CORP COM COMMON STOCK 808513105 4539 135000 SH CALL SOLE 0 135000 0 0
CHARLES SCHWAB CORP COM COMMON STOCK 808513105 2018 60000 SH PUT SOLE 0 60000 0 0
CHARLES SCHWAB CORP COM COMMON STOCK 808513105 1513 45000 SH PUT SOLE 0 45000 0 0
CHARLES SCHWAB CORP COM COMMON STOCK 808513105 945 28100 SH SOLE 0 28100 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 636 10000 SH PUT SOLE 0 10000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 3178 50000 SH PUT SOLE 0 50000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 1271 20000 SH PUT SOLE 0 20000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 2543 40000 SH CALL SOLE 0 40000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 2543 40000 SH PUT SOLE 0 40000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 3178 50000 SH PUT SOLE 0 50000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 3814 60000 SH PUT SOLE 0 60000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 3178 50000 SH CALL SOLE 0 50000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 5085 80000 SH CALL SOLE 0 80000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 2543 40000 SH CALL SOLE 0 40000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 2543 40000 SH CALL SOLE 0 40000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 1271 20000 SH CALL SOLE 0 20000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 1112 17500 SH CALL SOLE 0 17500 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 6871 108100 SH SOLE 0 108100 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 2543 40000 SH PUT SOLE 0 40000 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 1271 20000 SH CALL SOLE 0 20000 0 0
CITIGROUP INC COM STK COMMON STOCK 172967101 1404 23300 SH SOLE 0 23300 0 0
CITIGROUP INC COM STK COMMON STOCK 172967101 3013 50000 SH PUT SOLE 0 50000 0 0
CITIGROUP INC COM STK COMMON STOCK 172967101 4820 80000 SH PUT SOLE 0 80000 0 0
CITIGROUP INC COM STK COMMON STOCK 172967101 3013 50000 SH PUT SOLE 0 50000 0 0
CITIGROUP INC COM STK COMMON STOCK 172967101 3013 50000 SH CALL SOLE 0 50000 0 0
CITIGROUP INC COM STK COMMON STOCK 172967101 3013 50000 SH CALL SOLE 0 50000 0 0
CLEAR CHANNEL COMMUNICA COMMON STOCK 184502102 1125 15000 SH PUT SOLE 0 15000 0 0
CMGI INC COM COMMON STOCK 125750109 458 10000 SH PUT SOLE 0 10000 0 0
CMGI INC COM COMMON STOCK 125750109 3436 75000 SH PUT SOLE 0 75000 0 0
CMGI INC COM COMMON STOCK 125750109 2291 50000 SH CALL SOLE 0 50000 0 0
CMGI INC COM COMMON STOCK 125750109 550 12000 SH CALL SOLE 0 12000 0 0
CMGI INC COM COMMON STOCK 125750109 2953 64450 SH SOLE 0 64450 0 0
CMGI INC COM COMMON STOCK 125750109 2291 50000 SH PUT SOLE 0 50000 0 0
CMGI INC COM COMMON STOCK 125750109 1145 25000 SH CALL SOLE 0 25000 0 0
CNF TRUST I PRFD SERIES PRFD STK (CONVRT 12612V205 1697 43100 SH SOLE 0 43100 0 0
COCA COLA CO COM USD .2 COMMON STOCK 191216100 1436 25000 SH CALL SOLE 0 25000 0 0
COCA COLA CO COM USD .2 COMMON STOCK 191216100 345 6000 SH PUT SOLE 0 6000 0 0
COLUMBIA ENERGY GROUP COMMON STOCK 197648108 4102 62500 SH SOLE 0 62500 0 0
COMCAST CORP CL A SPECI COMMON STOCK 200300101 2025 50000 SH CALL SOLE 0 50000 0 0
COMCAST CORP CL A SPECI COMMON STOCK 200300101 4050 100000 SH PUT SOLE 0 100000 0 0
COMCAST CORP CL A SPECI COMMON STOCK 200300101 4050 100000 SH CALL SOLE 0 100000 0 0
COMCAST CORP CL A SPECI COMMON STOCK 200300101 2025 50000 SH PUT SOLE 0 50000 0 0
COMPAQ COMPUTER CORP CO COMMON STOCK 204493100 5113 200000 SH CALL SOLE 0 200000 0 0
COMPAQ COMPUTER CORP CO COMMON STOCK 204493100 3834 150000 SH CALL SOLE 0 150000 0 0
COMPAQ COMPUTER CORP CO COMMON STOCK 204493100 1150 45000 SH PUT SOLE 0 45000 0 0
COMPUTER ASSOC INTL INC COMMON STOCK 204912109 1638 32000 SH SOLE 0 32000 0 0
COMPUTER ASSOC INTL INC COMMON STOCK 204912109 4095 80000 SH CALL SOLE 0 80000 0 0
COMPUTER ASSOC INTL INC COMMON STOCK 204912109 4095 80000 SH PUT SOLE 0 80000 0 0
COMSAT CORP COM STK SER COMMON STOCK 20564D107 470 20000 SH SOLE 0 20000 0 0
COMVERSE TECHNOLOGY INC COMMON STOCK 205862402 233 2500 SH CALL SOLE 0 2500 0 0
COMVERSE TECHNOLOGY INC COMMON STOCK 205862402 3720 40000 SH CALL SOLE 0 40000 0 0
COMVERSE TECHNOLOGY INC COMMON STOCK 205862402 3720 40000 SH PUT SOLE 0 40000 0 0
COMVERSE TECHNOLOGY INC COMMON STOCK 205862402 698 7500 SH PUT SOLE 0 7500 0 0
COMVERSE TECHNOLOGY INC COMMON STOCK 205862402 698 7500 SH PUT SOLE 0 7500 0 0
COSTCO WHOLESALE CORP C COMMON STOCK 22160K105 2264 68600 SH SOLE 0 68600 0 0
COSTCO WHOLESALE CORP C COMMON STOCK 22160K105 660 20000 SH CALL SOLE 0 20000 0 0
COSTCO WHOLESALE CORP C COMMON STOCK 22160K105 990 30000 SH CALL SOLE 0 30000 0 0
COSTCO WHOLESALE CORP C COMMON STOCK 22160K105 1650 50000 SH PUT SOLE 0 50000 0 0
COSTCO WHOLESALE CORP C COMMON STOCK 22160K105 660 20000 SH PUT SOLE 0 20000 0 0
CYPRESS SEMICONDUCTOR C COMMON STOCK 232806109 1221 28900 SH SOLE 0 28900 0 0
CYPRESS SEMICONDUCTOR C COMMON STOCK 232806109 2113 50000 SH PUT SOLE 0 50000 0 0
DAIMLERCHRYSLER AG COM COMMON STOCK D1668R123 1562 30000 SH CALL SOLE 0 30000 0 0
DAIMLERCHRYSLER AG COM COMMON STOCK D1668R123 1562 30000 SH PUT SOLE 0 30000 0 0
DAIMLERCHRYSLER AG COM ADRS STOCKS D1668R123 755 14500 SH SOLE 0 14500 0 0
DEERE & CO COM COMMON STOCK 244199105 740 20000 SH CALL SOLE 0 20000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 4438 90000 SH CALL SOLE 0 90000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 11342 230000 SH PUT SOLE 0 230000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 1479 30000 SH PUT SOLE 0 30000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 2466 50000 SH PUT SOLE 0 50000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 2466 50000 SH PUT SOLE 0 50000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 4438 90000 SH CALL SOLE 0 90000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 2959 60000 SH CALL SOLE 0 60000 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 2771 56200 SH SOLE 0 56200 0 0
DELL COMPUTER CORP COM COMMON STOCK 247025109 2466 50000 SH PUT SOLE 0 50000 0 0
DELTA & PINE LAND CO L COMMON STOCK 247357106 1293 51600 SH SOLE 0 51600 0 0
DIAMOND OFFSHORE DRILL CONVRT BONDS 144 25271CAB8 10296 22000000 PRN SOLE 0 22000000 0 0
DIAMOND OFFSHORE DRILLI COMMON STOCK 25271C102 3513 100000 SH PUT SOLE 0 100000 0 0
DISNEY WALT CO COM STK COMMON STOCK 254687106 586 15100 SH SOLE 0 15100 0 0
DISNEY WALT CO COM STK COMMON STOCK 254687106 1941 50000 SH CALL SOLE 0 50000 0 0
DISNEY WALT CO COM STK COMMON STOCK 254687106 3881 100000 SH CALL SOLE 0 100000 0 0
DISNEY WALT CO COM STK COMMON STOCK 254687106 1941 50000 SH PUT SOLE 0 50000 0 0
DISNEY WALT CO COM STK COMMON STOCK 254687106 3881 100000 SH PUT SOLE 0 100000 0 0
DOLLAR TREE STORES INC, COMMON STOCK 256747106 1484 37500 SH PUT SOLE 0 37500 0 0
DOLLAR TREE STORES INC, COMMON STOCK 256747106 2759 69750 SH CALL SOLE 0 69750 0 0
DOLLAR TREE STORES INC, COMMON STOCK 256747106 2077 52500 SH CALL SOLE 0 52500 0 0
E-TEK DYNAMICS INC COM COMMON STOCK 269240107 7255 27500 SH SOLE 0 27500 0 0
EASTMAN KODAK CO COM U COMMON STOCK 277461109 1785 30000 SH CALL SOLE 0 30000 0 0
EASTMAN KODAK CO COM U COMMON STOCK 277461109 2975 50000 SH CALL SOLE 0 50000 0 0
EASTMAN KODAK CO COM U COMMON STOCK 277461109 1785 30000 SH PUT SOLE 0 30000 0 0
EASTMAN KODAK CO COM U COMMON STOCK 277461109 2975 50000 SH PUT SOLE 0 50000 0 0
EASTMAN KODAK CO COM U COMMON STOCK 277461109 2975 50000 SH PUT SOLE 0 50000 0 0
EASTMAN KODAK CO COM U COMMON STOCK 277461109 4415 74200 SH SOLE 0 74200 0 0
EBAY INC COM STK COMMON STOCK 278642103 543 10000 SH PUT SOLE 0 10000 0 0
EBAY INC COM STK COMMON STOCK 278642103 2173 40000 SH PUT SOLE 0 40000 0 0
EBAY INC COM STK COMMON STOCK 278642103 1086 20000 SH PUT SOLE 0 20000 0 0
EBAY INC COM STK COMMON STOCK 278642103 543 10000 SH PUT SOLE 0 10000 0 0
EBAY INC COM STK COMMON STOCK 278642103 1304 24000 SH PUT SOLE 0 24000 0 0
EBAY INC COM STK COMMON STOCK 278642103 1086 20000 SH PUT SOLE 0 20000 0 0
EBAY INC COM STK COMMON STOCK 278642103 2173 40000 SH CALL SOLE 0 40000 0 0
EBAY INC COM STK COMMON STOCK 278642103 1086 20000 SH CALL SOLE 0 20000 0 0
EBAY INC COM STK COMMON STOCK 278642103 2173 40000 SH PUT SOLE 0 40000 0 0
EBAY INC COM STK COMMON STOCK 278642103 543 10000 SH CALL SOLE 0 10000 0 0
EBAY INC COM STK COMMON STOCK 278642103 4687 86300 SH SOLE 0 86300 0 0
EBAY INC COM STK COMMON STOCK 278642103 1629 30000 SH CALL SOLE 0 30000 0 0
EBAY INC COM STK COMMON STOCK 278642103 1629 30000 SH PUT SOLE 0 30000 0 0
ERICSSON LM TEL CO ADR ADRS STOCKS 294821400 228 11400 SH SOLE 0 11400 0 0
EXXON MOBIL CORP COM ST COMMON STOCK 30231G102 1178 15000 SH CALL SOLE 0 15000 0 0
EXXON MOBIL CORP COM ST COMMON STOCK 30231G102 2355 30000 SH PUT SOLE 0 30000 0 0
EXXON MOBIL CORP COM ST COMMON STOCK 30231G102 3140 40000 SH PUT SOLE 0 40000 0 0
EXXON MOBIL CORP COM ST COMMON STOCK 30231G102 3925 50000 SH PUT SOLE 0 50000 0 0
EXXON MOBIL CORP COM ST COMMON STOCK 30231G102 550 7000 SH PUT SOLE 0 7000 0 0
EXXON MOBIL CORP COM ST COMMON STOCK 30231G102 785 10000 SH CALL SOLE 0 10000 0 0
EXXON MOBIL CORP COM ST COMMON STOCK 30231G102 785 10000 SH CALL SOLE 0 10000 0 0
EXXON MOBIL CORP COM ST COMMON STOCK 30231G102 3925 50000 SH CALL SOLE 0 50000 0 0
EXXON MOBIL CORP COM ST COMMON STOCK 30231G102 631 8043 SH SOLE 0 8043 0 0
EXXON MOBIL CORP COM ST COMMON STOCK 30231G102 6280 80000 SH CALL SOLE 0 80000 0 0
FEDEX CORPORATION COM S COMMON STOCK 31428X106 1642 43200 SH SOLE 0 43200 0 0
FIRST SEC CORP DEL COM COMMON STOCK 336294103 678 50000 SH SOLE 0 50000 0 0
FLOWERS INDS INC COM COMMON STOCK 343496105 552 27700 SH SOLE 0 27700 0 0
FOX ENTERTAINMENT GROUP COMMON STOCK 35138T107 571 18800 SH SOLE 0 18800 0 0
GENERAL MOTORS CLASS H COMMON STOCK 370442105 4388 50000 SH PUT SOLE 0 50000 0 0
GENERAL MTRS CORP COM COMMON STOCK 370442105 2235 38487 SH SOLE 0 38487 0 0
GLOBAL CROSSING LTD 6.7 PFRD STK CONV SU G3921A134 7152 32500 SH SOLE 0 32500 0 0
GLOBAL CROSSING LTD COM COMMON STOCK G3921A100 789 30000 SH CALL SOLE 0 30000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK G3921A100 1316 50000 SH PUT SOLE 0 50000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK G3921A100 2631 100000 SH PUT SOLE 0 100000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK G3921A100 789 30000 SH PUT SOLE 0 30000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK G3921A100 789 30000 SH PUT SOLE 0 30000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK G3921A100 1710 65000 SH PUT SOLE 0 65000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK G3921A100 1316 50000 SH PUT SOLE 0 50000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK G3921A100 1316 50000 SH CALL SOLE 0 50000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK G3921A100 2105 80000 SH CALL SOLE 0 80000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK G3921A100 658 25000 SH CALL SOLE 0 25000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK G3921A100 263 10000 SH CALL SOLE 0 10000 0 0
GLOBAL CROSSING LTD COM COMMON STOCK G3921A100 1402 53300 SH SOLE 0 53300 0 0
GLOBAL CROSSING LTD COM COMMON STOCK G3921A100 1053 40000 SH PUT SOLE 0 40000 0 0
GLOBAL MARINE INC COM N COMMON STOCK 379352404 507 18000 SH SOLE 0 18000 0 0
GLOBAL MARINE INC COM N COMMON STOCK 379352404 2819 100000 SH PUT SOLE 0 100000 0 0
GTE CORP COM COMMON STOCK 362320103 5472 87900 SH SOLE 0 87900 0 0
GTE CORP COM COMMON STOCK 362320103 2490 40000 SH CALL SOLE 0 40000 0 0
GTE CORP COM COMMON STOCK 362320103 2490 40000 SH PUT SOLE 0 40000 0 0
HANNAFORD BROS CO COM COMMON STOCK 410550107 10429 145100 SH SOLE 0 145100 0 0
INCYTE GENOMICS INC COMMON STOCK 45337C102 247 3000 SH PUT SOLE 0 3000 0 0
INCYTE PHARMA INC CONV CONVRT BONDS 144 45337CAA0 11281 13500000 PRN SOLE 0 13500000 0 0
INFINITY BROADCASTING C COMMON STOCK 45662S102 547 15000 SH SOLE 0 15000 0 0
INKTOMI CORP COM COMMON STOCK 457277101 296 2500 SH PUT SOLE 0 2500 0 0
INKTOMI CORP COM COMMON STOCK 457277101 1478 12500 SH CALL SOLE 0 12500 0 0
INTEL CORP COM COMMON STOCK 458140100 2674 20000 SH PUT SOLE 0 20000 0 0
INTEL CORP COM COMMON STOCK 458140100 4011 30000 SH CALL SOLE 0 30000 0 0
INTEL CORP COM COMMON STOCK 458140100 2674 20000 SH CALL SOLE 0 20000 0 0
INTEL CORP COM COMMON STOCK 458140100 2674 20000 SH CALL SOLE 0 20000 0 0
INTEL CORP COM COMMON STOCK 458140100 2674 20000 SH CALL SOLE 0 20000 0 0
INTEL CORP COM COMMON STOCK 458140100 1337 10000 SH CALL SOLE 0 10000 0 0
INTEL CORP COM COMMON STOCK 458140100 2674 20000 SH PUT SOLE 0 20000 0 0
INTEL CORP COM COMMON STOCK 458140100 2674 20000 SH CALL SOLE 0 20000 0 0
INTEL CORP COM COMMON STOCK 458140100 4011 30000 SH PUT SOLE 0 30000 0 0
INTEL CORP COM COMMON STOCK 458140100 6016 45000 SH PUT SOLE 0 45000 0 0
INTEL CORP COM COMMON STOCK 458140100 2674 20000 SH PUT SOLE 0 20000 0 0
INTEL CORP COM COMMON STOCK 458140100 2674 20000 SH CALL SOLE 0 20000 0 0
INTEL CORP COM COMMON STOCK 458140100 2674 20000 SH CALL SOLE 0 20000 0 0
INTEL CORP COM COMMON STOCK 458140100 1337 10000 SH PUT SOLE 0 10000 0 0
INTEL CORP COM COMMON STOCK 458140100 3342 25000 SH PUT SOLE 0 25000 0 0
INTERMEDIA COMMUNICATIO COMMON STOCK 458801107 1255 42200 SH SOLE 0 42200 0 0
INTERNET CAPITAL GROUP COMMON STOCK 46059C106 940 25400 SH SOLE 0 25400 0 0
INTERNET CAPITAL GROUP COMMON STOCK 46059C106 925 25000 SH PUT SOLE 0 25000 0 0
INTL BUSINESS MACHS COR COMMON STOCK 459200101 219 2000 SH CALL SOLE 0 2000 0 0
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WALGREEN CO COM COMMON STOCK 931422109 1288 40000 SH PUT SOLE 0 40000 0 0
WALGREEN CO COM COMMON STOCK 931422109 805 25000 SH PUT SOLE 0 25000 0 0
WELLS FARGO COMPANY COMMON STOCK 949746101 3875 100000 SH CALL SOLE 0 100000 0 0
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WILLIAMS COS THE COM COMMON STOCK 969457100 863 20700 SH SOLE 0 20700 0 0
WINSTAR COMMUNICATIONS COMMON STOCK 975515107 1355 40000 SH CALL SOLE 0 40000 0 0
WORLDCOM INC COM STK COMMON STOCK 98157D106 2753 60000 SH CALL SOLE 0 60000 0 0
WORLDCOM INC COM STK COMMON STOCK 98157D106 2753 60000 SH PUT SOLE 0 60000 0 0
WORLDCOM INC COM STK COMMON STOCK 98157D106 2294 50000 SH PUT SOLE 0 50000 0 0
WORLDCOM INC COM STK COMMON STOCK 98157D106 2753 60000 SH CALL SOLE 0 60000 0 0
XILINX INC COM COMMON STOCK 983919101 2477 30000 SH CALL SOLE 0 30000 0 0
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XILINX INC COM COMMON STOCK 983919101 4128 50000 SH PUT SOLE 0 50000 0 0
XILINX INC COM COMMON STOCK 983919101 4128 50000 SH CALL SOLE 0 50000 0 0
XILINX INC COM COMMON STOCK 983919101 1651 20000 SH CALL SOLE 0 20000 0 0
YAHOO INC COM COMMON STOCK 984332106 2478 20000 SH PUT SOLE 0 20000 0 0
YAHOO INC COM COMMON STOCK 984332106 2478 20000 SH CALL SOLE 0 20000 0 0
YAHOO INC COM COMMON STOCK 984332106 3097 25000 SH CALL SOLE 0 25000 0 0
YAHOO INC COM COMMON STOCK 984332106 619 5000 SH CALL SOLE 0 5000 0 0
YAHOO INC COM COMMON STOCK 984332106 2478 20000 SH CALL SOLE 0 20000 0 0
YAHOO INC COM COMMON STOCK 984332106 2478 20000 SH PUT SOLE 0 20000 0 0
YAHOO INC COM COMMON STOCK 984332106 1239 10000 SH PUT SOLE 0 10000 0 0
YAHOO INC COM COMMON STOCK 984332106 2478 20000 SH CALL SOLE 0 20000 0 0
YAHOO INC COM COMMON STOCK 984332106 2478 20000 SH CALL SOLE 0 20000 0 0
YAHOO INC COM COMMON STOCK 984332106 1239 10000 SH PUT SOLE 0 10000 0 0
YAHOO INC COM COMMON STOCK 984332106 2787 22500 SH SOLE 0 22500 0 0
YAHOO INC COM COMMON STOCK 984332106 4336 35000 SH PUT SOLE 0 35000 0 0
YOUNG & RUBICAM INC COM COMMON STOCK 987425105 2288 40000 SH SOLE 0 40000 0 0
ZIFF DAVIS INC COM STK COMMON STOCK 989511100 324 36000 SH SOLE 0 36000 0 0
</TABLE>
