UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 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 November 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: 565
Form13F Information Table Value Total: 1886204
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 CO COMMON STOCK 001957109 1175 40000 SH SOLE 1 40000 0 0
A T & T CORP CO COMMON STOCK 001957109 1469 50000 SH CALL SOLE 1 50000 0 0
ABBOTT LABS USD COMMON STOCK 002824100 4756 100000 SH PUT SOLE 1 100000 0 0
ABBOTT LABS USD COMMON STOCK 002824100 4756 100000 SH CALL SOLE 1 100000 0 0
ADC TELECOMMUNI COMMON STOCK 000886101 538 20000 SH PUT SOLE 1 20000 0 0
ADC TELECOMMUNI COMMON STOCK 000886101 320 11900 SH SOLE 1 11900 0 0
ADOBE SYS INC C COMMON STOCK 00724F101 1382 8900 SH SOLE 1 8900 0 0
ADOBE SYS INC C COMMON STOCK 00724F101 6521 42000 SH PUT SOLE 1 42000 0 0
ADVANCED MICRO COMMON STOCK 007903107 945 40000 SH PUT SOLE 1 40000 0 0
ADVANCED MICRO COMMON STOCK 007903107 945 40000 SH PUT SOLE 1 40000 0 0
AES CORP USD.01 COMMON STOCK 00130H105 13700 200000 SH PUT SOLE 1 200000 0 0
AKAMAI TECH COM COMMON STOCK 00971T101 2363 45000 SH CALL SOLE 1 45000 0 0
AKAMAI TECH COM COMMON STOCK 00971T101 2363 45000 SH PUT SOLE 1 45000 0 0
AKAMAI TECH COM COMMON STOCK 00971T101 1329 25300 SH SOLE 1 25300 0 0
ALCATEL SA SPON ADRS STOCKS 013904305 1540 24500 SH SOLE 1 24500 0 0
ALTEON WEBSYSTM COMMON STOCK 02145A109 3349 30900 SH SOLE 1 30900 0 0
ALTERA CORP COM COMMON STOCK 021441100 3820 80000 SH PUT SOLE 1 80000 0 0
ALTERA CORP COM COMMON STOCK 021441100 1576 33000 SH SOLE 1 33000 0 0
ALTERA CORP COM COMMON STOCK 021441100 3820 80000 SH CALL SOLE 1 80000 0 0
ALZA CORP COM F COMMON STOCK 022615108 5623 65000 SH PUT SOLE 1 65000 0 0
ALZA CORP COM F COMMON STOCK 022615108 216 2500 SH PUT SOLE 1 2500 0 0
AMAZON COM INC COMMON STOCK 023135106 2691 70000 SH CALL SOLE 1 70000 0 0
AMAZON COM INC COMMON STOCK 023135106 1922 50000 SH PUT SOLE 1 50000 0 0
AMAZON COM INC COMMON STOCK 023135106 2691 70000 SH PUT SOLE 1 70000 0 0
AMAZON COM INC COMMON STOCK 023135106 961 25000 SH PUT SOLE 1 25000 0 0
AMAZON COM INC COMMON STOCK 023135106 961 25000 SH CALL SOLE 1 25000 0 0
AMAZON COM INC COMMON STOCK 023135106 846 22000 SH PUT SOLE 1 22000 0 0
AMAZON COM INC COMMON STOCK 023135106 1153 30000 SH PUT SOLE 1 30000 0 0
AMER HOME PRODS COMMON STOCK 026609107 5656 100000 SH PUT SOLE 1 100000 0 0
AMER HOME PRODS COMMON STOCK 026609107 5656 100000 SH CALL SOLE 1 100000 0 0
AMERICA ONLINE COMMON STOCK 02364J104 5375 100000 SH CALL SOLE 1 100000 0 0
AMERICA ONLINE CONVRT BONDS 02364JAC8 2034 4000000 PRN SOLE 1 4000000 0 0
AMERICA ONLINE COMMON STOCK 02364J104 2688 50000 SH CALL SOLE 1 50000 0 0
AMERICA ONLINE COMMON STOCK 02364J104 3225 60000 SH PUT SOLE 1 60000 0 0
AMERICA ONLINE COMMON STOCK 02364J104 3225 60000 SH CALL SOLE 1 60000 0 0
AMERICAN PWR CO COMMON STOCK 029066107 330 17200 SH SOLE 1 17200 0 0
AMERICAN PWR CO COMMON STOCK 029066107 959 50000 SH CALL SOLE 1 50000 0 0
AMERICAN PWR CO COMMON STOCK 029066107 1919 100000 SH CALL SOLE 1 100000 0 0
AMERICAN PWR CO COMMON STOCK 029066107 1919 100000 SH PUT SOLE 1 100000 0 0
AMERICAN PWR CO COMMON STOCK 029066107 959 50000 SH PUT SOLE 1 50000 0 0
AMERICAN TOWER COMMON STOCK 029912201 5333 141500 SH PUT SOLE 1 141500 0 0
AMERICAN TOWER COMMON STOCK 029912201 2337 62000 SH PUT SOLE 1 62000 0 0
AMERICAN TOWER CONVRT BONDS 029912AD4 15031 12500000 PRN SOLE 1 12500000 0 0
AMERICAN TOWER COMMON STOCK 029912201 264 7000 SH PUT SOLE 1 7000 0 0
ANALOG DEVICES COMMON STOCK 032654105 1602 19400 SH SOLE 1 19400 0 0
ANALOG DEVICES COMMON STOCK 032654105 4128 50000 SH PUT SOLE 1 50000 0 0
APPLIED MATERIA COMMON STOCK 038222105 10214 172200 SH SOLE 1 172200 0 0
APPLIED MATERIA COMMON STOCK 038222105 2373 40000 SH PUT SOLE 1 40000 0 0
APPLIED MATERIA COMMON STOCK 038222105 2966 50000 SH PUT SOLE 1 50000 0 0
APPLIED MATERIA COMMON STOCK 038222105 2966 50000 SH PUT SOLE 1 50000 0 0
APPLIED MATERIA COMMON STOCK 038222105 3262 55000 SH PUT SOLE 1 55000 0 0
APPLIED MATERIA COMMON STOCK 038222105 2373 40000 SH CALL SOLE 1 40000 0 0
APPLIED MATERIA COMMON STOCK 038222105 2373 40000 SH CALL SOLE 1 40000 0 0
APPLIED MATERIA COMMON STOCK 038222105 2966 50000 SH CALL SOLE 1 50000 0 0
APPLIED MATERIA COMMON STOCK 038222105 2373 40000 SH PUT SOLE 1 40000 0 0
APPLIED MICRO C COMMON STOCK 03822W109 4141 20000 SH CALL SOLE 1 20000 0 0
APPLIED MICRO C COMMON STOCK 03822W109 4555 22000 SH PUT SOLE 1 22000 0 0
APPLIED MICRO C COMMON STOCK 03822W109 4970 24000 SH PUT SOLE 1 24000 0 0
APPLIED MICRO C COMMON STOCK 03822W109 5384 26000 SH PUT SOLE 1 26000 0 0
APPLIED MICRO C COMMON STOCK 03822W109 2485 12000 SH CALL SOLE 1 12000 0 0
APPLIED MICRO C COMMON STOCK 03822W109 4141 20000 SH PUT SOLE 1 20000 0 0
ARIBA INC COM COMMON STOCK 04033V104 1433 10000 SH CALL SOLE 1 10000 0 0
ARIBA INC COM COMMON STOCK 04033V104 2865 20000 SH CALL SOLE 1 20000 0 0
ARIBA INC COM COMMON STOCK 04033V104 2865 20000 SH PUT SOLE 1 20000 0 0
ARIBA INC COM COMMON STOCK 04033V104 2865 20000 SH CALL SOLE 1 20000 0 0
ARIBA INC COM COMMON STOCK 04033V104 7163 50000 SH PUT SOLE 1 50000 0 0
ARIBA INC COM COMMON STOCK 04033V104 7163 50000 SH PUT SOLE 1 50000 0 0
AT HOME CORP SU CONVRT BONDS 045919AC1 6038 14000000 PRN SOLE 1 14000000 0 0
AT HOME CORPORA COMMON STOCK 045919107 706 50000 SH PUT SOLE 1 50000 0 0
AT HOME CORPORA COMMON STOCK 045919107 353 25000 SH PUT SOLE 1 25000 0 0
AT HOME CORPORA COMMON STOCK 045919107 706 50000 SH PUT SOLE 1 50000 0 0
BANK OF AMERICA COMMON STOCK 060505104 524 10000 SH CALL SOLE 1 10000 0 0
BCE INC CAD COM COMMON STOCK 05534B109 818 35000 SH SOLE 1 35000 0 0
BEA SYSTEMS INC COMMON STOCK 073325102 3894 50000 SH PUT SOLE 1 50000 0 0
BEA SYSTEMS INC COMMON STOCK 073325102 7788 100000 SH CALL SOLE 1 100000 0 0
BEA SYSTEMS INC COMMON STOCK 073325102 3894 50000 SH CALL SOLE 1 50000 0 0
BEA SYSTEMS INC COMMON STOCK 073325102 2336 30000 SH CALL SOLE 1 30000 0 0
BEAR STEARNS CO COMMON STOCK 073902108 3780 60000 SH PUT SOLE 1 60000 0 0
BEAR STEARNS CO COMMON STOCK 073902108 3780 60000 SH CALL SOLE 1 60000 0 0
BELLSOUTH CORP COMMON STOCK 079860102 2013 50000 SH PUT SOLE 1 50000 0 0
BELLSOUTH CORP COMMON STOCK 079860102 881 21900 SH SOLE 1 21900 0 0
BELLSOUTH CORP COMMON STOCK 079860102 2013 50000 SH CALL SOLE 1 50000 0 0
BESTFOODS INC C COMMON STOCK 08658U101 12004 165000 SH SOLE 1 165000 0 0
BIOGEN INC COMMON STOCK 090597105 854 14000 SH PUT SOLE 1 14000 0 0
BIOGEN INC COMMON STOCK 090597105 610 10000 SH CALL SOLE 1 10000 0 0
BP AMOCO PLC SP ADRS STOCKS 055622104 599 11300 SH SOLE 1 11300 0 0
BROCADE COMMUNI COMMON STOCK 111621108 7080 30000 SH CALL SOLE 1 30000 0 0
BROCADE COMMUNI COMMON STOCK 111621108 10620 45000 SH CALL SOLE 1 45000 0 0
BROCADE COMMUNI COMMON STOCK 111621108 10620 45000 SH PUT SOLE 1 45000 0 0
CELESTICA INC C COMMON STOCK 15101Q108 1385 20000 SH PUT SOLE 1 20000 0 0
CELESTICA INC C COMMON STOCK 15101Q108 1399 20200 SH SOLE 1 20200 0 0
CELESTICA INC C COMMON STOCK 15101Q108 3463 50000 SH PUT SOLE 1 50000 0 0
CELESTICA INC C COMMON STOCK 15101Q108 6925 100000 SH PUT SOLE 1 100000 0 0
CELESTICA INC Z CONVRT BONDS 15101QAA6 3957 8000000 PRN SOLE 1 8000000 0 0
CFM TECHNOLOGIE COMMON STOCK 12525K106 366 50000 SH SOLE 1 50000 0 0
CHARLES SCHWAB COMMON STOCK 808513105 1775 50000 SH CALL SOLE 1 50000 0 0
CHARLES SCHWAB COMMON STOCK 808513105 1420 40000 SH PUT SOLE 1 40000 0 0
CHARLES SCHWAB COMMON STOCK 808513105 1367 38500 SH SOLE 1 38500 0 0
CHARLES SCHWAB COMMON STOCK 808513105 2840 80000 SH CALL SOLE 1 80000 0 0
CHARLES SCHWAB COMMON STOCK 808513105 1775 50000 SH CALL SOLE 1 50000 0 0
CHARLES SCHWAB COMMON STOCK 808513105 2840 80000 SH PUT SOLE 1 80000 0 0
CHARLES SCHWAB COMMON STOCK 808513105 2485 70000 SH PUT SOLE 1 70000 0 0
CHARLES SCHWAB COMMON STOCK 808513105 888 25000 SH PUT SOLE 1 25000 0 0
CHARLES SCHWAB COMMON STOCK 808513105 1420 40000 SH CALL SOLE 1 40000 0 0
CHARLES SCHWAB COMMON STOCK 808513105 1775 50000 SH PUT SOLE 1 50000 0 0
CHRIS CRAFT IND COMMON STOCK 170520100 3295 40000 SH SOLE 1 40000 0 0
CIENA CORP COM COMMON STOCK 171779101 4913 40000 SH CALL SOLE 1 40000 0 0
CIENA CORP COM COMMON STOCK 171779101 4913 40000 SH PUT SOLE 1 40000 0 0
CIENA CORP COM COMMON STOCK 171779101 2456 20000 SH CALL SOLE 1 20000 0 0
CIENA CORP COM COMMON STOCK 171779101 4913 40000 SH PUT SOLE 1 40000 0 0
CIENA CORP COM COMMON STOCK 171779101 6141 50000 SH PUT SOLE 1 50000 0 0
CIENA CORP COM COMMON STOCK 171779101 7369 60000 SH PUT SOLE 1 60000 0 0
CIENA CORP COM COMMON STOCK 171779101 1228 10000 SH PUT SOLE 1 10000 0 0
CISCO SYS INC C COMMON STOCK 17275R102 1105 20000 SH CALL SOLE 1 20000 0 0
CISCO SYS INC C COMMON STOCK 17275R102 2210 40000 SH PUT SOLE 1 40000 0 0
CISCO SYS INC C COMMON STOCK 17275R102 4420 80000 SH CALL SOLE 1 80000 0 0
CISCO SYS INC C COMMON STOCK 17275R102 2763 50000 SH CALL SOLE 1 50000 0 0
CISCO SYS INC C COMMON STOCK 17275R102 1658 30000 SH PUT SOLE 1 30000 0 0
CISCO SYS INC C COMMON STOCK 17275R102 2763 50000 SH PUT SOLE 1 50000 0 0
CISCO SYS INC C COMMON STOCK 17275R102 2763 50000 SH PUT SOLE 1 50000 0 0
CISCO SYS INC C COMMON STOCK 17275R102 1105 20000 SH PUT SOLE 1 20000 0 0
CISCO SYS INC C COMMON STOCK 17275R102 8735 158100 SH SOLE 1 158100 0 0
CISCO SYS INC C COMMON STOCK 17275R102 1658 30000 SH CALL SOLE 1 30000 0 0
CITIGROUP INC C COMMON STOCK 172967101 1352 25000 SH CALL SOLE 1 25000 0 0
CITIGROUP INC C COMMON STOCK 172967101 1602 29634 SH SOLE 1 29634 0 0
CITIGROUP INC C COMMON STOCK 172967101 4325 80000 SH PUT SOLE 1 80000 0 0
CITIGROUP INC C COMMON STOCK 172967101 1352 25000 SH PUT SOLE 1 25000 0 0
CITIGROUP INC C COMMON STOCK 172967101 3595 66500 SH CALL SOLE 1 66500 0 0
CMGI INC COM COMMON STOCK 125750109 3353 120000 SH CALL SOLE 1 120000 0 0
CMGI INC COM COMMON STOCK 125750109 1397 50000 SH PUT SOLE 1 50000 0 0
CMGI INC COM COMMON STOCK 125750109 2164 77450 SH SOLE 1 77450 0 0
CMGI INC COM COMMON STOCK 125750109 1956 70000 SH PUT SOLE 1 70000 0 0
CMGI INC COM COMMON STOCK 125750109 1397 50000 SH CALL SOLE 1 50000 0 0
CMGI INC COM COMMON STOCK 125750109 1397 50000 SH PUT SOLE 1 50000 0 0
CNET NETWORKS I COMMON STOCK 12613R104 1218 50000 SH CALL SOLE 1 50000 0 0
CNET NETWORKS I COMMON STOCK 12613R104 1218 50000 SH CALL SOLE 1 50000 0 0
CNET NETWORKS I COMMON STOCK 12613R104 1462 60000 SH CALL SOLE 1 60000 0 0
CNET NETWORKS I COMMON STOCK 12613R104 1218 50000 SH PUT SOLE 1 50000 0 0
CNET NETWORKS I COMMON STOCK 12613R104 1462 60000 SH PUT SOLE 1 60000 0 0
CNET NETWORKS I COMMON STOCK 12613R104 1218 50000 SH PUT SOLE 1 50000 0 0
CNET NETWORKS I COMMON STOCK 12613R104 1082 44400 SH SOLE 1 44400 0 0
CNF TRUST I PRF PRFD STK (CONVRT 12612V205 1605 43100 PRN SOLE 1 43100 0 0
COASTAL CORP CO COMMON STOCK 190441105 4818 65000 SH SOLE 1 65000 0 0
COCA COLA CO CO COMMON STOCK 191216100 331 6000 SH PUT SOLE 1 6000 0 0
COLUMBIA ENERGY COMMON STOCK 197648108 4970 70000 SH SOLE 1 70000 0 0
COMCAST CORP CL COMMON STOCK 200300200 2047 50000 SH PUT SOLE 1 50000 0 0
COMCAST CORP CL COMMON STOCK 200300200 2047 50000 SH CALL SOLE 1 50000 0 0
COMCAST CORP CL COMMON STOCK 200300200 4094 100000 SH PUT SOLE 1 100000 0 0
COMCAST CORP CL COMMON STOCK 200300200 2047 50000 SH CALL SOLE 1 50000 0 0
COMCAST CORP CL COMMON STOCK 200300200 4094 100000 SH CALL SOLE 1 100000 0 0
COMCAST CORP CL COMMON STOCK 200300200 7369 180000 SH CALL SOLE 1 180000 0 0
COMPAQ COMPUTER COMMON STOCK 204493100 4286 155400 SH SOLE 1 155400 0 0
COMPAQ COMPUTER COMMON STOCK 204493100 4137 150000 SH PUT SOLE 1 150000 0 0
COMPAQ COMPUTER COMMON STOCK 204493100 1241 45000 SH PUT SOLE 1 45000 0 0
COMPAQ COMPUTER COMMON STOCK 204493100 2206 80000 SH PUT SOLE 1 80000 0 0
COMPAQ COMPUTER COMMON STOCK 204493100 4137 150000 SH CALL SOLE 1 150000 0 0
COMPAQ COMPUTER COMMON STOCK 204493100 2206 80000 SH CALL SOLE 1 80000 0 0
COMVERSE TECHNO COMMON STOCK 205862402 6480 60000 SH PUT SOLE 1 60000 0 0
COMVERSE TECHNO COMMON STOCK 205862402 270 2500 SH CALL SOLE 1 2500 0 0
COMVERSE TECHNO COMMON STOCK 205862402 810 7500 SH PUT SOLE 1 7500 0 0
COMVERSE TECHNO COMMON STOCK 205862402 3240 30000 SH CALL SOLE 1 30000 0 0
COMVERSE TECHNO COMMON STOCK 205862402 6480 60000 SH CALL SOLE 1 60000 0 0
COMVERSE TECHNO COMMON STOCK 205862402 3240 30000 SH PUT SOLE 1 30000 0 0
COMVERSE TECHNO COMMON STOCK 205862402 810 7500 SH PUT SOLE 1 7500 0 0
CONEXANT SYSTEM CONVRT BONDS 207142AB6 11454 6000000 PRN SOLE 1 6000000 0 0
CONEXANT SYSTEM COMMON STOCK 207142100 3769 90000 SH PUT SOLE 1 90000 0 0
CORNING INC COM COMMON STOCK 219350105 5940 20000 SH PUT SOLE 1 20000 0 0
CORNING INC COM COMMON STOCK 219350105 1366 4600 SH SOLE 1 4600 0 0
COSTCO WHOLESAL COMMON STOCK 22160K105 3494 100000 SH PUT SOLE 1 100000 0 0
COSTCO WHOLESAL COMMON STOCK 22160K105 3494 100000 SH PUT SOLE 1 100000 0 0
COSTCO WHOLESAL COMMON STOCK 22160K105 3494 100000 SH CALL SOLE 1 100000 0 0
COSTCO WHOLESAL COMMON STOCK 22160K105 3494 100000 SH CALL SOLE 1 100000 0 0
DAIMLERCHRYSLER ADRS STOCKS D1668R123 1332 30000 SH CALL SOLE 1 30000 0 0
DAIMLERCHRYSLER ADRS STOCKS D1668R123 1332 30000 SH PUT SOLE 1 30000 0 0
DAIMLERCHRYSLER ADRS STOCKS D1668R123 1327 29900 SH SOLE 1 29900 0 0
DEERE & CO COM COMMON STOCK 244199105 998 30000 SH PUT SOLE 1 30000 0 0
DEERE & CO COM COMMON STOCK 244199105 1330 40000 SH CALL SOLE 1 40000 0 0
DELL COMPUTER C COMMON STOCK 247025109 3081 100000 SH PUT SOLE 1 100000 0 0
DELL COMPUTER C COMMON STOCK 247025109 9537 309511 SH SOLE 1 309511 0 0
DELL COMPUTER C COMMON STOCK 247025109 1541 50000 SH CALL SOLE 1 50000 0 0
DELL COMPUTER C COMMON STOCK 247025109 1541 50000 SH PUT SOLE 1 50000 0 0
DELL COMPUTER C COMMON STOCK 247025109 1541 50000 SH PUT SOLE 1 50000 0 0
DELL COMPUTER C COMMON STOCK 247025109 3081 100000 SH CALL SOLE 1 100000 0 0
DELL COMPUTER C COMMON STOCK 247025109 3081 100000 SH PUT SOLE 1 100000 0 0
DELL COMPUTER C COMMON STOCK 247025109 3081 100000 SH PUT SOLE 1 100000 0 0
DELL COMPUTER C COMMON STOCK 247025109 3081 100000 SH PUT SOLE 1 100000 0 0
DELTA & PINE LA COMMON STOCK 247357106 683 26600 SH SOLE 1 26600 0 0
DEXTER CORP COM COMMON STOCK 252165105 4813 77000 SH SOLE 1 77000 0 0
DIAMOND OFFSHOR CONVRT BONDS 144 25271CAB8 5489 11000000 PRN SOLE 1 11000000 0 0
DISNEY WALT CO COMMON STOCK 254687106 3825 100000 SH CALL SOLE 1 100000 0 0
DOLLAR TREE STO COMMON STOCK 256747106 2434 60000 SH PUT SOLE 1 60000 0 0
DOLLAR TREE STO COMMON STOCK 256747106 1217 30000 SH CALL SOLE 1 30000 0 0
E M C CORP MASS COMMON STOCK 268648102 2974 30000 SH CALL SOLE 1 30000 0 0
E M C CORP MASS COMMON STOCK 268648102 2974 30000 SH PUT SOLE 1 30000 0 0
E M C CORP MASS COMMON STOCK 268648102 5948 60000 SH PUT SOLE 1 60000 0 0
E M C CORP MASS COMMON STOCK 268648102 3965 40000 SH PUT SOLE 1 40000 0 0
E M C CORP MASS COMMON STOCK 268648102 5948 60000 SH CALL SOLE 1 60000 0 0
E M C CORP MASS COMMON STOCK 268648102 3965 40000 SH CALL SOLE 1 40000 0 0
EBAY INC COM ST COMMON STOCK 278642103 6869 100000 SH PUT SOLE 1 100000 0 0
EBAY INC COM ST COMMON STOCK 278642103 2061 30000 SH CALL SOLE 1 30000 0 0
EBAY INC COM ST COMMON STOCK 278642103 2748 40000 SH PUT SOLE 1 40000 0 0
EBAY INC COM ST COMMON STOCK 278642103 2748 40000 SH CALL SOLE 1 40000 0 0
EBAY INC COM ST COMMON STOCK 278642103 3434 50000 SH CALL SOLE 1 50000 0 0
EBAY INC COM ST COMMON STOCK 278642103 2748 40000 SH CALL SOLE 1 40000 0 0
EBAY INC COM ST COMMON STOCK 278642103 3434 50000 SH PUT SOLE 1 50000 0 0
EBAY INC COM ST COMMON STOCK 278642103 2748 40000 SH PUT SOLE 1 40000 0 0
EBAY INC COM ST COMMON STOCK 278642103 2061 30000 SH PUT SOLE 1 30000 0 0
EBAY INC COM ST COMMON STOCK 278642103 2748 40000 SH PUT SOLE 1 40000 0 0
EBAY INC COM ST COMMON STOCK 278642103 2748 40000 SH CALL SOLE 1 40000 0 0
EBAY INC COM ST COMMON STOCK 278642103 2748 40000 SH PUT SOLE 1 40000 0 0
ECHOSTAR COMMUN COMMON STOCK 278762109 3956 75000 SH CALL SOLE 1 75000 0 0
ECHOSTAR COMMUN COMMON STOCK 278762109 3956 75000 SH PUT SOLE 1 75000 0 0
EMULEX CORP COM COMMON STOCK 292475209 2450 20000 SH CALL SOLE 1 20000 0 0
EMULEX CORP COM COMMON STOCK 292475209 2450 20000 SH PUT SOLE 1 20000 0 0
ERICSSON LM TEL ADRS STOCKS 294821400 8756 591100 SH SOLE 1 591100 0 0
ESTEE LAUDER CO COMMON STOCK 518439104 3663 100000 SH PUT SOLE 1 100000 0 0
EXODUS COMMUNIC COMMON STOCK 302088109 4938 100000 SH PUT SOLE 1 100000 0 0
EXODUS COMMUNIC COMMON STOCK 302088109 4938 100000 SH CALL SOLE 1 100000 0 0
EXODUS COMMUNIC COMMON STOCK 302088109 1333 27000 SH SOLE 1 27000 0 0
EXXON MOBIL COR COMMON STOCK 30231G102 891 10000 SH CALL SOLE 1 10000 0 0
EXXON MOBIL COR COMMON STOCK 30231G102 891 10000 SH CALL SOLE 1 10000 0 0
EXXON MOBIL COR COMMON STOCK 30231G102 3565 40000 SH PUT SOLE 1 40000 0 0
EXXON MOBIL COR COMMON STOCK 30231G102 2674 30000 SH PUT SOLE 1 30000 0 0
EXXON MOBIL COR COMMON STOCK 30231G102 3565 40000 SH CALL SOLE 1 40000 0 0
FEDEX CORPORATI COMMON STOCK 31428X106 5986 135000 SH CALL SOLE 1 135000 0 0
FEDEX CORPORATI COMMON STOCK 31428X106 1556 35100 SH PUT SOLE 1 35100 0 0
FLOWERS INDS IN COMMON STOCK 343496105 345 17700 SH SOLE 1 17700 0 0
FORT JAMES CORP COMMON STOCK 347471104 5654 185000 SH SOLE 1 185000 0 0
FOX ENTERTAINME COMMON STOCK 35138T107 498 18800 SH SOLE 1 18800 0 0
GENERAL ELEC CO COMMON STOCK 369604103 571 9900 SH SOLE 1 9900 0 0
GENERAL ELEC CO COMMON STOCK 369604103 4615 80000 SH PUT SOLE 1 80000 0 0
GENERAL MTRS CO COMMON STOCK 370442105 2502 38487 SH SOLE 1 38487 0 0
GENZYME CORP CO COMMON STOCK 372917104 2216 32500 SH CALL SOLE 1 32500 0 0
GENZYME CORP CO COMMON STOCK 372917104 2216 32500 SH PUT SOLE 1 32500 0 0
GEORGIA PACIFIC COMMON STOCK 373298108 588 25000 SH CALL SOLE 1 25000 0 0
GEORGIA PACIFIC COMMON STOCK 373298108 353 15000 SH CALL SOLE 1 15000 0 0
GEORGIA-PAC (TI COMMON STOCK 373298702 688 25600 SH SOLE 1 25600 0 0
GLOBAL CROSSING COMMON STOCK G3921A100 10850 350000 SH PUT SOLE 1 350000 0 0
GLOBAL CROSSING COMMON STOCK G3921A100 7750 250000 SH CALL SOLE 1 250000 0 0
GLOBAL CROSSING COMMON STOCK G3921A100 310 10000 SH CALL SOLE 1 10000 0 0
GLOBAL CROSSING COMMON STOCK G3921A100 3100 100000 SH CALL SOLE 1 100000 0 0
GLOBAL CROSSING COMMON STOCK G3921A100 1550 50000 SH CALL SOLE 1 50000 0 0
GLOBAL CROSSING COMMON STOCK G3921A100 3100 100000 SH PUT SOLE 1 100000 0 0
GLOBAL CROSSING COMMON STOCK G3921A100 1550 50000 SH PUT SOLE 1 50000 0 0
GLOBAL CROSSING PFRD STK CONV SU G3921A134 16315 65000 PRN SOLE 1 65000 0 0
GLOBAL CROSSING COMMON STOCK G3921A100 930 30000 SH CALL SOLE 1 30000 0 0
GLOBAL MARINE I COMMON STOCK 379352404 3088 100000 SH PUT SOLE 1 100000 0 0
GOLDMAN SACHS G COMMON STOCK 38141G104 4558 40000 SH PUT SOLE 1 40000 0 0
GOLDMAN SACHS G COMMON STOCK 38141G104 4558 40000 SH CALL SOLE 1 40000 0 0
HONEYWELL INTER COMMON STOCK 438516106 3563 100000 SH PUT SOLE 1 100000 0 0
HONEYWELL INTER COMMON STOCK 438516106 1336 37500 SH SOLE 1 37500 0 0
HSB GROUP INC C COMMON STOCK 40428N109 3150 78500 SH SOLE 1 78500 0 0
I 2 TECHNOLOGIE COMMON STOCK 465754109 5612 30000 SH PUT SOLE 1 30000 0 0
I 2 TECHNOLOGIE COMMON STOCK 465754109 3741 20000 SH PUT SOLE 1 20000 0 0
I 2 TECHNOLOGIE COMMON STOCK 465754109 3741 20000 SH CALL SOLE 1 20000 0 0
I 2 TECHNOLOGIE COMMON STOCK 465754109 5612 30000 SH CALL SOLE 1 30000 0 0
INCYTE PHARM CO CONVRT BONDS 45337CAC6 4230 5000000 PRN SOLE 1 5000000 0 0
INCYTE PHARMA I CONVRT BONDS 144 45337CAA0 11420 13500000 PRN SOLE 1 13500000 0 0
INFINITY BROADC COMMON STOCK 45662S102 495 15000 SH SOLE 1 15000 0 0
INKTOMI CORP CO COMMON STOCK 457277101 285 2500 SH PUT SOLE 1 2500 0 0
INKTOMI CORP CO COMMON STOCK 457277101 4560 40000 SH PUT SOLE 1 40000 0 0
INKTOMI CORP CO COMMON STOCK 457277101 4560 40000 SH CALL SOLE 1 40000 0 0
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VITESSE SEMI CO COMMON STOCK 928497106 4447 50000 SH PUT SOLE 1 50000 0 0
VITESSE SEMI CO COMMON STOCK 928497106 2668 30000 SH PUT SOLE 1 30000 0 0
VITESSE SEMI CO COMMON STOCK 928497106 2223 25000 SH PUT SOLE 1 25000 0 0
VITESSE SEMI CO COMMON STOCK 928497106 4447 50000 SH CALL SOLE 1 50000 0 0
VITESSE SEMI CO COMMON STOCK 928497106 2223 25000 SH CALL SOLE 1 25000 0 0
VOICESTREAM WIR COMMON STOCK 928615103 12012 103500 SH SOLE 1 103500 0 0
WAL MART STORES COMMON STOCK 931142103 2888 60000 SH CALL SOLE 1 60000 0 0
WAL MART STORES COMMON STOCK 931142103 3369 70000 SH CALL SOLE 1 70000 0 0
WAL MART STORES COMMON STOCK 931142103 770 16000 SH SOLE 1 16000 0 0
WAL MART STORES COMMON STOCK 931142103 2984 62000 SH PUT SOLE 1 62000 0 0
WAL MART STORES COMMON STOCK 931142103 3369 70000 SH PUT SOLE 1 70000 0 0
WEBMD CORP COM COMMON STOCK 94769M105 264 17300 SH SOLE 1 17300 0 0
WHOLE FOODS MAR CONVRT BONDS 966837AC0 3444 8636000 PRN SOLE 1 8636000 0 0
WHOLEFOODS MARK COMMON STOCK 966837106 215 4000 SH PUT SOLE 1 4000 0 0
WILLIAMS COS TH COMMON STOCK 969457100 1056 25000 SH CALL SOLE 1 25000 0 0
WILLIAMS COS TH COMMON STOCK 969457100 1690 40000 SH PUT SOLE 1 40000 0 0
WINSTAR COMMUNI COMMON STOCK 975515107 775 50000 SH CALL SOLE 1 50000 0 0
XILINX INC COM COMMON STOCK 983919101 4281 50000 SH PUT SOLE 1 50000 0 0
XILINX INC COM COMMON STOCK 983919101 4281 50000 SH CALL SOLE 1 50000 0 0
XILINX INC COM COMMON STOCK 983919101 2569 30000 SH CALL SOLE 1 30000 0 0
YAHOO INC COM COMMON STOCK 984332106 2275 25000 SH CALL SOLE 1 25000 0 0
YAHOO INC COM COMMON STOCK 984332106 3185 35000 SH PUT SOLE 1 35000 0 0
YAHOO INC COM COMMON STOCK 984332106 2566 28200 SH SOLE 1 28200 0 0
YAHOO INC COM COMMON STOCK 984332106 1820 20000 SH CALL SOLE 1 20000 0 0
</TABLE>
