United States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for Calendar Year or Quarter Ended: December 1999
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: Spear, Leeds & Kellogg
Address: 120 Broadway
New York, NY 10271
13F File Number: 28-02255
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,
schedule, lists and tables, are considered integral parts of this form.
Person Signing this report on Behalf of Reporting Manager:
NAME: Carl H. Hewitt
Title: General Counsel
Phone: 212-433-7015
Signature, Place, and Date of Signing:
____________________________ ________________________
[Signature] [City, State]
Report Type [Check only one.]:
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings are reported in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
FORM 13F SUMMARY PAGE
Report Summary
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: [ 1243 ]
Form 13F Information Table Value Total: $_ 2,461,952 thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and 13F-file numbers(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
Report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.
FORM 13F INFORMATION TABLE
<TABLE>
<S> <C> <C> <C> <S> <S> <S> <S>
DESCRIPTION TYPE CUSIP Mkt Value Quantity
LERNOUT & HAUSPIE SPEECH PUT B5628B954 6,748,200.00 146,700 SOLE SOLE SOLE
PRODS
LERNOUT & HAUSPIE SPEECH COMM B5628B104 3,843,392.00 83,552 SOLE SOLE SOLE
PRODS
ACE LIMITED ORDI G0070K103 542,343.75 32,500 SOLE SOLE SOLE
AMDOCS LTD CALL G02602903 2,953,200.00 85,600 SOLE SOLE SOLE
AMWAY ASIA PACIFIC LTD COMM G0352M108 211,662.50 11,800 SOLE SOLE SOLE
FRESH DEL MONTE PRODUCE INC ORDI G36738105 230,400.00 25,600 SOLE SOLE SOLE
GLOBALSTAR TELECOMMUNICATIONS PUT G3930H954 7,568,000.00 172,000 SOLE SOLE SOLE
GLOBALSTAR TELECOMMUNICATIONS COMM G3930H104 8,782,532.00 199,603 SOLE SOLE SOLE
XOMA LTD (BERMUDA) COMM G9825R107 30,699.81 10,451 SOLE SOLE SOLE
OLICOM A/S COMM K7514Y107 216,477.19 230,909 SOLE SOLE SOLE
SIMPLAYER.COM LTD COMM M8411K107 133,777.50 89,185 SOLE SOLE SOLE
ASM LITHOGRAPHY HOLDING N.V. ORDI N07059111 278,462.63 2,467 SOLE SOLE SOLE
MADGE NETWORK N.V. COMM N5424G106 83,322.75 11,298 SOLE SOLE SOLE
PANAMERICAN BEVERAGES INC CL CALL P74823908 627,156.25 30,500 SOLE SOLE SOLE
A
PANAMERICAN BEVERAGES INC CL PUT P74823958 378,350.00 18,400 SOLE SOLE SOLE
A
SUN INT'L HOTELS LTD ORDI P8797T133 339,062.50 17,500 SOLE SOLE SOLE
ACM MUNI SEC INCOME FUND INC COMM 000942102 180,625.00 17,000 SOLE SOLE SOLE
AFLAC INC CALL 001055902 1,996,031.25 42,300 SOLE SOLE SOLE
AFLAC INC PUT 001055952 2,189,500.00 46,400 SOLE SOLE SOLE
AFLAC INC COMM 001055102 509,625.00 10,800 SOLE SOLE SOLE
AES CORP. (THE) CALL 00130H905 3,199,300.00 42,800 SOLE SOLE SOLE
AHT CORP COMM 00130R103 84,056.25 17,932 SOLE SOLE SOLE
AMBI INC COMM 00163N102 370,971.76 150,264 SOLE SOLE SOLE
AMC ENTERTAINMENT INC PUT 001669950 439,012.50 50,900 SOLE SOLE SOLE
AMC ENTERTAINMENT INC COMM 001669100 459,712.50 53,300 SOLE SOLE SOLE
ARC INTERNATIONAL CORP COMM 001905108 439,425.00 585,900 SOLE SOLE SOLE
AT&T CRP LIBERTY MEDIA GP CL- CALL 001957908 2,423,225.00 42,700 SOLE SOLE SOLE
A
AT & T CORPORATION PUT 001957959 22,104,162.50 435,550 SOLE SOLE SOLE
AXA FINANCIAL INC COMM 002451102 826,550.00 24,400 SOLE SOLE SOLE
ABBOTT LABS CALL 002824900 315,918.75 8,700 SOLE SOLE SOLE
ABBOTT LABS PUT 002824950 744,406.25 20,500 SOLE SOLE SOLE
ACCELERATION CORP COMM 004299103 101,839.50 116,388 SOLE SOLE SOLE
ACCESS ANYTIME BANCORP INC COMM 00431F105 160,230.56 20,843 SOLE SOLE SOLE
ACCLAIM ENTERTAINMENT INC NEW COMM 004325205 397,515.50 77,564 SOLE SOLE SOLE
ACRODYNE COMMUNICATIONS INC COMM 00500E104 73,238.00 26,632 SOLE SOLE SOLE
ACX TECHNOLOGIES INC COMM 005123104 128,250.00 12,000 SOLE SOLE SOLE
ADTRAN INC CALL 00738A906 540,093.75 10,500 SOLE SOLE SOLE
ADVANCE FINANCIAL BANCORP COMM 007437106 244,400.00 18,800 SOLE SOLE SOLE
ADVANCED COMMUNICATIONS GROUP COMM 00751B106 470,062.50 34,500 SOLE SOLE SOLE
ADVANCED FIBRE COMMUNICATIONS CALL 00754A905 3,199,625.00 71,500 SOLE SOLE SOLE
ADVEST GROUP INC COMM 007566102 633,937.50 34,500 SOLE SOLE SOLE
ADVANTICA REST GRP + COMM 00758B109 56,627.44 33,557 SOLE SOLE SOLE
ADVANCED MICRO DEVICES INC PUT 007903957 289,375.00 10,000 SOLE SOLE SOLE
AETNA INC. CALL 008117903 893,000.00 16,000 SOLE SOLE SOLE
AETNA INC. PUT 008117953 16,810,725.00 301,200 SOLE SOLE SOLE
AETNA INC. COMM 008117103 14,053,587.50 251,800 SOLE SOLE SOLE
AGRIBIOTECH INC COMM 008494106 338,140.49 140,523 SOLE SOLE SOLE
AIRBORNE FREIGHT CORP PUT 009266957 2,611,400.00 118,700 SOLE SOLE SOLE
AIRBORNE FREIGHT CORP COMM 009266107 2,098,800.00 95,400 SOLE SOLE SOLE
ALARIS MEDICAL INC COMM 011637105 57,948.75 30,906 SOLE SOLE SOLE
ALBERTSONS INC PUT 013104954 1,457,700.00 45,200 SOLE SOLE SOLE
ALBERTSONS INC COMM 013104104 1,009,425.00 31,300 SOLE SOLE SOLE
ALCOA INC PUT 013817951 4,307,700.00 51,900 SOLE SOLE SOLE
ALCOA INC COMM 013817101 954,500.00 11,500 SOLE SOLE SOLE
ALCATEL AMER 013904305 1,744,740.00 38,772 SOLE SOLE SOLE
ALIGN-RITE INTL INC COMM 016251100 384,514.13 17,781 SOLE SOLE SOLE
ALLIED RISER COMMUNICATIONS COMM 019496108 226,800.00 11,200 SOLE SOLE SOLE
ALLIED WASTE INDS INC (NEW) CALL 019589908 490,856.25 55,700 SOLE SOLE SOLE
ALLIED WASTE INDS INC (NEW) PUT 019589958 301,387.50 34,200 SOLE SOLE SOLE
ALLIED WASTE INDS INC (NEW) COMM 019589308 482,925.00 54,800 SOLE SOLE SOLE
ALLMERICA FINC'L CORP. PUT 019754950 489,500.00 8,800 SOLE SOLE SOLE
ALLMERICA FINC'L CORP. COMM 019754100 1,290,500.00 23,200 SOLE SOLE SOLE
ALLSTATE CORPORATION (THE) PUT 020002951 7,804,800.00 325,200 SOLE SOLE SOLE
ALLSTATE CORPORATION (THE) COMM 020002101 10,423,200.00 434,300 SOLE SOLE SOLE
ALPHARMA INC 05750 CORP 020813AB7 1,171,250.00 1,000 SOLE SOLE SOLE
05
ALTAIR INTL INC COMM 02136W102 154,806.25 39,950 SOLE SOLE SOLE
ALTERA CORP COMM 021441100 2,982,522.56 60,177 SOLE SOLE SOLE
ALZA CORP CLASS A CALL 022615908 6,087,075.00 175,800 SOLE SOLE SOLE
ALZA CORP CORP 022615AD0 1,586,250.00 1,500 SOLE SOLE SOLE
AMERADA HESS CORP CALL 023551904 828,550.00 14,600 SOLE SOLE SOLE
AMERADA HESS CORP PUT 023551954 2,116,775.00 37,300 SOLE SOLE SOLE
AMERADA HESS CORP COMM 023551104 1,032,850.00 18,200 SOLE SOLE SOLE
AMERICA WEST HOLDINGS PUT 023657958 215,800.00 10,400 SOLE SOLE SOLE
AMERICAN CHAMPION COMM 025119108 14,940.25 18,388 SOLE SOLE SOLE
ENTERTAINMEN
AMERICAN EAGLE OUTFITTERS INC CALL 02553E906 2,335,500.00 51,900 SOLE SOLE SOLE
AMERICAN EAGLE OUTFITTERS INC PUT 02553E956 310,500.00 6,900 SOLE SOLE SOLE
AMERICAN EXPRESS CO COMM 025816109 864,500.00 5,200 SOLE SOLE SOLE
AMERICAN HOME PRODS CORP PUT 026609957 21,193,712.50 537,400 SOLE SOLE SOLE
AMERICAN HOME PRODS CORP COMM 026609107 22,017,956.25 558,300 SOLE SOLE SOLE
AMERICAN INTL PETE CORP (NEW) COMM 026909408 7,852.50 15,705 SOLE SOLE SOLE
AMERICAN ITALIAN PASTA CO COMM 027070101 292,125.00 9,500 SOLE SOLE SOLE
AMER MUNICIPAL INCME COMM 027649102 151,937.50 13,000 SOLE SOLE SOLE
PORTFOLIO
AMERICAN MUNICIPAL TERM TRUST COMM 027652106 149,650.00 14,600 SOLE SOLE SOLE
AMERICAN SUPERCONDUCTOR CRP PUT 030111958 536,400.00 19,200 SOLE SOLE SOLE
AMERIPATH INC COMM 03071D109 133,587.25 16,316 SOLE SOLE SOLE
AMERISOURCE HEALTH CORP PUT 03071P952 498,150.00 32,800 SOLE SOLE SOLE
AMERISOURCE HEALTH CORP COMM 03071P102 539,156.25 35,500 SOLE SOLE SOLE
AMERITRADE HLDG CORP CL A PUT 03072H959 4,272,437.50 197,000 SOLE SOLE SOLE
AMERITRADE HLDG CORP CL A A SH 03072H109 2,755,071.56 127,035 SOLE SOLE SOLE
AMF BOWLING INC COMM 03113V109 107,812.50 34,500 SOLE SOLE SOLE
AMGEN CALL 031162900 9,126,000.00 152,100 SOLE SOLE SOLE
AMGEN PUT 031162950 2,430,000.00 40,500 SOLE SOLE SOLE
AMSOUTH BANCORP PUT 032165952 251,062.50 13,000 SOLE SOLE SOLE
AMSOUTH BANCORP COMM 032165102 898,031.25 46,500 SOLE SOLE SOLE
AMTEC INC COMM 03232Q106 132,361.44 73,027 SOLE SOLE SOLE
AMVESCAP PLC ADS COMM 03235E100 395,500.00 7,000 SOLE SOLE SOLE
ANGEION CORP (NEW) COMM 03462H305 20,576.25 10,620 SOLE SOLE SOLE
ANGLOGOLD ADR NEW COMM 035128206 416,137.50 16,200 SOLE SOLE SOLE
ANHEUSER BUSCH CO INC CALL 035229903 2,480,625.00 35,000 SOLE SOLE SOLE
APACHE CORP PUT 037411955 904,968.75 24,500 SOLE SOLE SOLE
APACHE CORP COMM 037411105 4,233,037.50 114,600 SOLE SOLE SOLE
APEX MUNICIPAL FUND INC COMM 037580107 132,918.75 15,300 SOLE SOLE SOLE
APPLE ORTHODONTIX INC COMM 037849106 4,436.25 10,140 SOLE SOLE SOLE
ARCHER DANIELS MIDLAND CO PUT 039483952 1,347,754.69 110,585 SOLE SOLE SOLE
ARCHER DANIELS MIDLAND CO COMM 039483102 1,622,070.94 133,093 SOLE SOLE SOLE
ARIBA INC PUT 04033V954 354,000.00 2,000 SOLE SOLE SOLE
ARIBA INC COMM 04033V104 595,074.00 3,362 SOLE SOLE SOLE
ARMSTRONG WORLD INDS. COMM 042476101 337,087.50 10,100 SOLE SOLE SOLE
ARNOLD INDUSTRIES INC PUT 042595958 285,468.75 20,300 SOLE SOLE SOLE
ARNOLD INDUSTRIES INC COMM 042595108 187,804.69 13,355 SOLE SOLE SOLE
ASPECT DEVELOPMENT INC CALL 045234901 7,226,750.00 105,500 SOLE SOLE SOLE
ASPECT COMMUNICATIONS CORP PUT 045237952 596,700.00 15,300 SOLE SOLE SOLE
AT HOME CORP PUT 045919957 2,640,656.25 61,500 SOLE SOLE SOLE
AT HOME CORP COMM 045919107 2,588,143.69 60,277 SOLE SOLE SOLE
ASTORIA FINANCIAL CORP PUT 046265954 2,839,818.75 93,300 SOLE SOLE SOLE
ASTORIA FINANCIAL CORP COMM 046265104 2,504,914.94 82,297 SOLE SOLE SOLE
ASYST TECHNOLOGIES INC PUT 04648X957 4,565,350.00 69,700 SOLE SOLE SOLE
ASYST TECHNOLOGIES INC COMM 04648X107 3,544,598.00 54,116 SOLE SOLE SOLE
ATLANTIC RICHFIELD CO PUT 048825953 692,000.00 8,000 SOLE SOLE SOLE
AUTONATION INC COMM 05329W102 462,500.00 50,000 SOLE SOLE SOLE
AVANT IMMUNOTHERAPETICS COMM 053491106 183,987.32 74,525 SOLE SOLE SOLE
AVERY DENNISON CORP CALL 053611909 779,762.50 10,700 SOLE SOLE SOLE
AVERY DENNISON CORP PUT 053611959 1,129,562.50 15,500 SOLE SOLE SOLE
AVIS RENT A CAR INC PUT 053790951 1,528,637.50 59,800 SOLE SOLE SOLE
AVIS RENT A CAR INC COMM 053790101 562,375.00 22,000 SOLE SOLE SOLE
AVNET INC CALL 053807903 1,179,750.00 19,500 SOLE SOLE SOLE
AVNET INC PUT 053807953 272,250.00 4,500 SOLE SOLE SOLE
AZTEC TECHNOLOGIES COMM 05480L101 462,327.25 101,332 SOLE SOLE SOLE
BCE INC COMM 05534B109 8,450,568.75 93,700 SOLE SOLE SOLE
BP AMOCO PLC ADS COMM 055622104 593,125.00 10,000 SOLE SOLE SOLE
BALDWIN TECHNOLOGY INC CL A COMM 058264102 86,338.75 40,630 SOLE SOLE SOLE
BALL CORPORATION CALL 058498906 1,701,000.00 43,200 SOLE SOLE SOLE
BALLANTYNE OF OMAHA INC COMM 058516105 202,975.00 35,300 SOLE SOLE SOLE
BANCO BILBAO VIZCAYA SA AMER 059458208 202,881.25 14,300 SOLE SOLE SOLE
BANKATLANTIC BANCORP INC CL A CALL 065908901 51,150.00 12,400 SOLE SOLE SOLE
BANKATLANTIC BANCORP INC CL A PUT 065908951 202,125.00 49,000 SOLE SOLE SOLE
BANKATLANTIC BANCORP INC CL A A SH 065908501 213,600.75 51,782 SOLE SOLE SOLE
BARD C R INC PUT 067383959 4,303,600.00 81,200 SOLE SOLE SOLE
BARD C R INC COMM 067383109 4,086,300.00 77,100 SOLE SOLE SOLE
BARNES & NOBLE BOOKSTORES COMM 067774109 1,031,250.00 50,000 SOLE SOLE SOLE
BARRICK GOLD CORP CALL 067901908 176,875.00 10,000 SOLE SOLE SOLE
BARRICK GOLD CORP COMM 067901108 176,875.00 10,000 SOLE SOLE SOLE
BATTLE MTN GOLD CO COMM 071593107 292,668.75 141,900 SOLE SOLE SOLE
BE AEROSPACE INC COMM 073302101 138,290.63 16,390 SOLE SOLE SOLE
WTS BENTLEY PHAR B COMM 082657123 131,687.50 150,500 SOLE SOLE SOLE
BERGEN BRUNSWIG CORP COMM 083739102 1,157,931.25 139,300 SOLE SOLE SOLE
BETHLEHEM STL CORP CALL 087509905 108,037.50 12,900 SOLE SOLE SOLE
BETHLEHEM STL CORP PUT 087509955 435,500.00 52,000 SOLE SOLE SOLE
BETHLEHEM STL CORP COMM 087509105 833,312.50 99,500 SOLE SOLE SOLE
BEVERLY ENTERPRISES INC COMM 087851309 261,187.50 59,700 SOLE SOLE SOLE
BIKERS DREAM INC (NEW) COMM 090008202 9,048.00 11,136 SOLE SOLE SOLE
BILLING CONCEPTS CORP COMM 090063108 176,393.94 27,401 SOLE SOLE SOLE
BINDLEY WESTERN INDUSTRIES COMM 090324104 316,312.50 21,000 SOLE SOLE SOLE
BIO-REFERENCE LABS INC (NEW) COMM 09057G602 35,000.00 10,000 SOLE SOLE SOLE
BIOCRYST PHARMACEUTICALS INC CALL 09058V903 912,600.00 31,200 SOLE SOLE SOLE
BLACKROCK INVEST QUAL MUN TR COMM 09247D105 352,775.00 27,400 SOLE SOLE SOLE
BLACKROCK I MUN TR 2008 COMM 09247K109 243,375.00 17,700 SOLE SOLE SOLE
BLACKROCK MUNI TARGET TERM TR COMM 09247M105 196,250.00 20,000 SOLE SOLE SOLE
BLACKROCK INS MUNI TRM TR COMM 092474105 264,250.00 28,000 SOLE SOLE SOLE
BLACKROCK 2001 TERM TR COMM 092477108 1,370,300.00 154,400 SOLE SOLE SOLE
BLIMPIE INTERNATIONAL INC COMM 093538106 66,412.50 35,420 SOLE SOLE SOLE
BLOCK DRUG CO CL A COMM 093644102 227,826.75 7,409 SOLE SOLE SOLE
BLOCK H & R INC PUT 093671955 2,813,125.00 64,300 SOLE SOLE SOLE
BLOCK H & R INC COMM 093671105 1,553,125.00 35,500 SOLE SOLE SOLE
BOEING CO PUT 097023955 2,364,906.25 56,900 SOLE SOLE SOLE
BOEING CO COMM 097023105 1,871,310.00 45,024 SOLE SOLE SOLE
BOGEN COMMUNICATIONS INTL INC COMM 097189104 257,617.75 33,241 SOLE SOLE SOLE
BOGEN COMMUNICATIONS INTL WTS WARR 097189112 164,500.00 75,200 SOLE SOLE SOLE
BOMBAY CO INC.(THE) CALL 097924904 81,900.00 18,200 SOLE SOLE SOLE
BOOTS & COOTS INT'L WELL CONT COMM 099469108 13,786.50 31,512 SOLE SOLE SOLE
BORDEN CHEM & PLASTICS LP CALL 099541903 185,762.50 38,600 SOLE SOLE SOLE
BORDEN CHEM & PLASTICS LP PUT 099541953 260,837.50 54,200 SOLE SOLE SOLE
BORDEN CHEM & PLASTICS LP UNIT 099541203 167,715.63 34,850 SOLE SOLE SOLE
BOSTON SCIENTIFIC CORP COMM 101137107 272,693.75 12,466 SOLE SOLE SOLE
BOWNE & CO INC DEL PUT 103043955 492,750.00 36,500 SOLE SOLE SOLE
BOWNE & CO INC DEL COMM 103043105 506,250.00 37,500 SOLE SOLE SOLE
BRIGHTPOINT INC CALL 109473908 2,235,187.50 170,300 SOLE SOLE SOLE
BRIGHTPOINT INC PUT 109473958 342,562.50 26,100 SOLE SOLE SOLE
BRISTOL MYERS SQUIBB CO PUT 110122958 2,567,500.00 40,000 SOLE SOLE SOLE
BRISTOL MYERS SQUIBB CO COMM 110122108 770,250.00 12,000 SOLE SOLE SOLE
BROADVISION INC COMM 111412102 1,366,112.06 8,033 SOLE SOLE SOLE
BROADWING INC 6 3/4 PFD PREF 111620407 585,000.00 10,000 SOLE SOLE SOLE
BROCADE COMMUNICATIONS COMM 111621108 958,189.00 5,452 SOLE SOLE SOLE
SYSTEMS
BROOKE GROUP LTD CALL 112525900 1,250,791.56 83,735 SOLE SOLE SOLE
BROOKE GROUP LTD PUT 112525950 506,978.75 33,940 SOLE SOLE SOLE
BROOKE GROUP LTD COMM 112525100 517,808.44 34,665 SOLE SOLE SOLE
BUCKEYE TECHNOLOGIES INC CALL 118255908 211,225.00 14,200 SOLE SOLE SOLE
BURLINGTON INDUSTRIES INC COMM 121693105 393,600.00 98,400 SOLE SOLE SOLE
BURLINGTON RES INC PUT 122014953 5,676,831.25 171,700 SOLE SOLE SOLE
BURLINGTON RES INC COMM 122014103 5,461,991.13 165,202 SOLE SOLE SOLE
CRACKER BARREL GROUP INC COMM 12489V106 134,607.81 13,895 SOLE SOLE SOLE
CBS CORPORATION PUT 12490K957 319,687.50 5,000 SOLE SOLE SOLE
CHS ELECTRONICS INC NEW PUT 12542A956 20,137.50 17,900 SOLE SOLE SOLE
CHS ELECTRONICS INC NEW COMM 12542A206 65,250.00 58,000 SOLE SOLE SOLE
CIGNA CORP CALL 125509909 402,812.50 5,000 SOLE SOLE SOLE
CK WITCO CORP CALL 12562C908 294,250.00 22,000 SOLE SOLE SOLE
CK WITCO CORP PUT 12562C958 1,801,612.50 134,700 SOLE SOLE SOLE
CK WITCO CORP COMM 12562C108 347,750.00 26,000 SOLE SOLE SOLE
CNET CORP 125945AA3 846,875.00 500 SOLE SOLE SOLE
CSK AUTO CORP PUT 125965953 406,000.00 23,200 SOLE SOLE SOLE
CSK AUTO CORP COMM 125965103 348,250.00 19,900 SOLE SOLE SOLE
CNA FINL CORP CALL 126117900 467,250.00 12,000 SOLE SOLE SOLE
CNA FINL CORP COMM 126117100 366,012.50 9,400 SOLE SOLE SOLE
CNF TRANSPORTATION INC PUT 12612W954 1,438,650.00 41,700 SOLE SOLE SOLE
CNF TRANSPORTATION INC COMM 12612W104 1,121,250.00 32,500 SOLE SOLE SOLE
CTC COMM GROUP INC CALL 126419900 2,874,300.00 73,700 SOLE SOLE SOLE
CABLEVISION SYS. CORP. PUT 12686C959 2,589,650.00 34,300 SOLE SOLE SOLE
CABLEVISION SYS. CORP. COMM 12686C109 1,630,800.00 21,600 SOLE SOLE SOLE
CABLETRON SYSTEMS INC CALL 126920907 3,203,200.00 123,200 SOLE SOLE SOLE
CABLETRON SYSTEMS INC PUT 126920957 3,504,800.00 134,800 SOLE SOLE SOLE
CADE IND INC COMM 127382109 96,151.25 19,351 SOLE SOLE SOLE
CADENCE DESIGN SYSTEM INC PUT 127387958 1,771,200.00 73,800 SOLE SOLE SOLE
CADENCE DESIGN SYSTEM INC COMM 127387108 1,423,776.00 59,324 SOLE SOLE SOLE
CAMBRIDGE TECHNOLOGY PARTNERS CALL 132524909 1,330,325.00 50,800 SOLE SOLE SOLE
CAMBRIDGE TECHNOLOGY PARTNERS PUT 132524959 937,512.50 35,800 SOLE SOLE SOLE
CANADIAN PACIFIC LTD (NEW) CALL 135923900 577,875.00 26,800 SOLE SOLE SOLE
CANADIAN PACIFIC LTD (NEW) PUT 135923950 461,437.50 21,400 SOLE SOLE SOLE
CANADIAN NAT'L RY CY PFD PREF 136375409 1,755,600.00 41,800 SOLE SOLE SOLE
CANNONDALE CORP COMM 137798104 368,778.66 57,565 SOLE SOLE SOLE
CARLETON CORP NEW COMM 142209204 92,273.06 39,369 SOLE SOLE SOLE
CATERPILLAR INC PUT 149123951 17,808,450.00 378,400 SOLE SOLE SOLE
CATERPILLAR INC COMM 149123101 11,374,959.19 241,699 SOLE SOLE SOLE
CELESTICA INC CALL 15101Q908 15,268,050.00 275,100 SOLE SOLE SOLE
CENDANT CORP PUT 151313953 8,885,156.25 334,500 SOLE SOLE SOLE
CENDANT CORP COMM 151313103 1,739,843.75 65,500 SOLE SOLE SOLE
CENTURY BANCSHARES INC COMM 156436107 144,218.75 23,075 SOLE SOLE SOLE
CHAMPION ENTERPRISES COMM 158496109 299,687.50 35,000 SOLE SOLE SOLE
CHARTER COMMUNICATION CL A A SH 16117M107 552,606.25 25,262 SOLE SOLE SOLE
CHASE MANHATTAN CORP PUT 16161A958 13,820,606.25 177,900 SOLE SOLE SOLE
CHASE MANHATTAN CORP COMM 16161A108 28,388,566.25 365,420 SOLE SOLE SOLE
CHASTAIN CAPITAL CORP COMM 161697107 11,484.48 28,266 SOLE SOLE SOLE
CHEAP TICKETS INC COMM 162672109 546,555.56 39,931 SOLE SOLE SOLE
CHINA TELECOM ADR AMER 169428109 4,376,910.31 34,045 SOLE SOLE SOLE
CHIQUITA BRAND INTL CALL 170032906 50,825.00 10,700 SOLE SOLE SOLE
CHIQUITA BRAND INTL PUT 170032956 157,225.00 33,100 SOLE SOLE SOLE
CHIRON CORP COMM 170040109 427,525.50 10,104 SOLE SOLE SOLE
CIENA CORP CALL 171779901 638,250.00 11,100 SOLE SOLE SOLE
CIENA CORP PUT 171779951 1,960,750.00 34,100 SOLE SOLE SOLE
CIENA CORP COMM 171779101 658,490.00 11,452 SOLE SOLE SOLE
CISCO SYSTEMS INC CALL 17275R902 2,226,900.00 20,800 SOLE SOLE SOLE
CISCO SYSTEMS INC PUT 17275R952 963,562.50 9,000 SOLE SOLE SOLE
CITIGROUP INC PUT 172967951 63,699,628.13 1,146,450 SOLE SOLE SOLE
CITRIX SYSTEMS INC COMM 177376100 760,491.38 6,186 SOLE SOLE SOLE
CITY NATIONAL CORP CALL 178566905 915,662.50 27,800 SOLE SOLE SOLE
CLAYTON HOMES INC PUT 184190956 201,206.25 21,900 SOLE SOLE SOLE
CLAYTON HOMES INC COMM 184190106 348,206.25 37,900 SOLE SOLE SOLE
CLOROX CO CALL 189054909 3,440,612.50 68,300 SOLE SOLE SOLE
CLOROX CO PUT 189054959 4,196,237.50 83,300 SOLE SOLE SOLE
COCA COLA CO PUT 191216950 6,815,250.00 117,000 SOLE SOLE SOLE
COCA COLA CO COMM 191216100 9,523,875.00 163,500 SOLE SOLE SOLE
COEUR D ALENE MINES COMM 192108108 135,093.75 39,300 SOLE SOLE SOLE
COGNOS INC CALL 19244C909 681,675.00 14,900 SOLE SOLE SOLE
COGNOS INC PUT 19244C959 265,350.00 5,800 SOLE SOLE SOLE
COINSTAR INC PUT 19259P950 224,000.00 16,000 SOLE SOLE SOLE
COINSTAR INC COMM 19259P300 562,170.00 40,155 SOLE SOLE SOLE
COLD METAL PRODUCTS INC COMM 192861102 32,621.88 10,439 SOLE SOLE SOLE
COLGATE PALMOLIVE CO CALL 194162903 955,500.00 14,700 SOLE SOLE SOLE
COLONIAL HIGH INCOME MUNI TR COMM 195743109 140,887.50 22,100 SOLE SOLE SOLE
COLONIAL MUN INCOME TR COMM 195799101 158,950.00 28,900 SOLE SOLE SOLE
COLUMBIA FINANCIAL OF COMM 19764R106 291,400.00 24,800 SOLE SOLE SOLE
KENTUCKY
COLUMBIA ENERGY GROUP COMM 197648108 2,371,875.00 37,500 SOLE SOLE SOLE
COMFORT SYSTEMS USA INC COMM 199908104 300,162.50 40,700 SOLE SOLE SOLE
COMMERCE BANCORP INC N J CALL 200519906 756,181.25 18,700 SOLE SOLE SOLE
COMPAQ COMPUTER CORP PUT 204493950 12,642,246.88 467,150 SOLE SOLE SOLE
COMPAQ COMPUTER CORP COMM 204493100 11,066,830.50 408,936 SOLE SOLE SOLE
COMPS . COM INC COMM 204679104 117,490.00 15,160 SOLE SOLE SOLE
COMPUCOM SYSTEM INC COMM 204780100 410,978.75 101,164 SOLE SOLE SOLE
COMPUSA INC CALL 204932907 102,500.00 20,000 SOLE SOLE SOLE
COMPUSA INC COMM 204932107 448,950.00 87,600 SOLE SOLE SOLE
COMPUTER LEARNING INC PUT 205199952 229,500.00 102,000 SOLE SOLE SOLE
COMPUTER LEARNING INC COMM 205199102 196,645.50 87,398 SOLE SOLE SOLE
COMPUTRAC INC COMM 205620107 16,330.50 21,774 SOLE SOLE SOLE
COMSTOCK RESOURCES INC. (NEW) COMM 205768203 87,750.00 31,200 SOLE SOLE SOLE
COMSHARE INC COMM 205912108 38,892.00 11,112 SOLE SOLE SOLE
CONCEPTUS INC COMM 206016107 39,280.50 11,223 SOLE SOLE SOLE
CONCORD COMMUNICATIONS INC CALL 206186908 412,106.25 9,300 SOLE SOLE SOLE
CONCORD COMMUNICATIONS INC PUT 206186958 398,812.50 9,000 SOLE SOLE SOLE
CONECTIV CL A PUT 206829953 191,662.50 11,400 SOLE SOLE SOLE
CONECTIV CL A COMM 206829103 211,837.50 12,600 SOLE SOLE SOLE
CONSOLIDATED EDISON INC PUT 209115954 362,250.00 10,500 SOLE SOLE SOLE
(HOLDN
CONSOLIDATED EDISON INC COMM 209115104 386,400.00 11,200 SOLE SOLE SOLE
(HOLDN
COMSOLIDATED FREIGHTWAYS CORP PUT 209232957 572,512.50 72,700 SOLE SOLE SOLE
COMSOLIDATED FREIGHTWAYS CORP COMM 209232107 493,794.00 62,704 SOLE SOLE SOLE
CONTINUCARE CORP COMM 212172100 299,850.00 399,800 SOLE SOLE SOLE
COOPER COS INC NEW CALL 216648902 2,027,412.50 67,300 SOLE SOLE SOLE
COOPER COS INC NEW PUT 216648952 3,030,575.00 100,600 SOLE SOLE SOLE
COOPER COS INC NEW COMM 216648402 1,849,675.00 61,400 SOLE SOLE SOLE
CORDANT TECHNOLOGIES INC CALL 218412904 1,376,100.00 41,700 SOLE SOLE SOLE
CORDANT TECHNOLOGIES INC PUT 218412954 709,500.00 21,500 SOLE SOLE SOLE
CORDANT TECHNOLOGIES INC COMM 218412104 363,000.00 11,000 SOLE SOLE SOLE
CORE MATERIALS CORP COMM 218683100 26,057.25 11,268 SOLE SOLE SOLE
CORNERSTONE INTERNET COMM 21923C103 487,365.31 64,445 SOLE SOLE SOLE
SOLUTIONS
COVER-ALL TECHNOLOGIES INC COMM 222892101 166,162.66 136,333 SOLE SOLE SOLE
CREATIVE BIOMOLECULES INC COMM 225270107 2,614,184.06 529,455 SOLE SOLE SOLE
CRESTLINE CAPITAL CORP CALL 226153904 1,082,812.50 52,500 SOLE SOLE SOLE
CROSS TIMBERS OIL CO COMM 227573102 216,593.75 23,900 SOLE SOLE SOLE
CROWN CORK & SEAL INC CALL 228255905 1,333,550.00 59,600 SOLE SOLE SOLE
CROWN CORK & SEAL INC PUT 228255955 1,859,362.50 83,100 SOLE SOLE SOLE
CROWN CORK & SEAL INC COMM 228255105 382,612.50 17,100 SOLE SOLE SOLE
CROWN CORK & SEAL COMPANY, PREF 228255303 576,850.00 27,800 SOLE SOLE SOLE
INC
CROWN RESOURCES CORP COMM 228569109 199,470.00 106,384 SOLE SOLE SOLE
CUBIC CORP COMM 229669106 307,300.00 14,048 SOLE SOLE SOLE
CUMMINS ENGINE INC CALL 231021906 1,024,225.00 21,200 SOLE SOLE SOLE
DII GROUP INC COMM 232949107 763,358.44 10,761 SOLE SOLE SOLE
DISC INC COMM 23321A101 58,914.37 29,924 SOLE SOLE SOLE
DPL INC (HOLDING CO) CALL 233293909 256,225.00 14,800 SOLE SOLE SOLE
DALLAS SEMICONDUCTOR CORP CALL 235204904 1,585,162.50 24,600 SOLE SOLE SOLE
DALLAS SEMICONDUCTOR CORP PUT 235204954 618,600.00 9,600 SOLE SOLE SOLE
DATA RACE INC COMM 237842109 192,085.94 70,651 SOLE SOLE SOLE
DATA TRANSMISSION NETWORK CRP CALL 238017907 277,100.00 16,300 SOLE SOLE SOLE
DATA TRANSMISSION NETWORK CRP PUT 238017957 698,700.00 41,100 SOLE SOLE SOLE
DATA TRANSMISSION NETWORK CRP COMM 238017107 351,305.00 20,665 SOLE SOLE SOLE
DATASCOPE CORP CALL 238113904 282,600.00 7,200 SOLE SOLE SOLE
DAYTON HUDSON CORP CALL 239753906 6,535,937.50 89,000 SOLE SOLE SOLE
DAYTON HUDSON CORP PUT 239753956 5,720,781.25 77,900 SOLE SOLE SOLE
DELHAIZE AMERICA CLASS A A SH 246688105 284,375.00 14,000 SOLE SOLE SOLE
DELL COMPUTER CORP PUT 247025959 78,403,000.00 1,539,200 SOLE SOLE SOLE
MCI WORLDCOM INC PUT 247025956 795,000.00 15,000 SOLE SOLE SOLE
DELL COMPUTER CORP COMM 247025109 24,399,164.38 479,002 SOLE SOLE SOLE
DEVON ENERGY CORP (NEW) COMM 25179M103 1,581,287.50 48,100 SOLE SOLE SOLE
DEVON ENERGY CORP (NEW) CALL 251799903 1,702,925.00 51,800 SOLE SOLE SOLE
DEVON ENERGY CORP (NEW) PUT 251799953 239,987.50 7,300 SOLE SOLE SOLE
THE DEWOLFE COS INC COMM 252115100 65,045.50 10,007 SOLE SOLE SOLE
DIAGEO PLC NEW ADS AMER 25243Q205 2,368,864.00 74,027 SOLE SOLE SOLE
DIALOG COMP CORP ADR AMER 252500103 198,318.75 31,731 SOLE SOLE SOLE
DIAMOND OFFSHORE DRILLING, COMM 25271C102 672,375.00 22,000 SOLE SOLE SOLE
INC
DIEBOLD INC PUT 253651953 1,318,350.00 56,100 SOLE SOLE SOLE
DIEBOLD INC COMM 253651103 1,017,550.00 43,300 SOLE SOLE SOLE
DIGITAL GENERATION SYS INC COMM 253921100 75,040.50 10,532 SOLE SOLE SOLE
DIONEX CORP COMM 254546104 295,565.38 7,187 SOLE SOLE SOLE
DISCOVERY LAB INC COMM 254668106 37,254.25 13,547 SOLE SOLE SOLE
THE WALT DISNEY COMPANY PUT 254687956 11,179,350.00 382,200 SOLE SOLE SOLE
THE WALT DISNEY COMPANY COMM 254687106 4,530,825.00 154,900 SOLE SOLE SOLE
DOLE FOOD INC COMM 256605106 507,000.00 31,200 SOLE SOLE SOLE
DONALDSON LUFKIN JENRETTE CALL 257661908 875,587.50 18,100 SOLE SOLE SOLE
DLJ DIRECT PUT 257661954 469,262.50 34,600 SOLE SOLE SOLE
DONALDSON LUFKIN JENRETTE PUT 257661958 1,760,850.00 36,400 SOLE SOLE SOLE
DONALDSON LUFKIN JENRETTE COMM 257661108 464,400.00 9,600 SOLE SOLE SOLE
DLJ DIRECT COMM 257661504 303,800.00 22,400 SOLE SOLE SOLE
DOW JONES & CO INC COMM 260561105 496,400.00 7,300 SOLE SOLE SOLE
DREYFUS STRATEGIC MUNS INC COMM 261932107 173,250.00 23,100 SOLE SOLE SOLE
DREYFUS MUNICIPAL INCOME INC COMM 26201R102 72,037.50 10,200 SOLE SOLE SOLE
DREYFUS STRATEGIC MUM BD FD COMM 26202F107 224,200.00 30,400 SOLE SOLE SOLE
DRUG EMPORIUM INC COMM 262175102 57,949.31 13,059 SOLE SOLE SOLE
DUALSTAR TECHNOLOGIES CORP COMM 263572109 90,908.81 12,021 SOLE SOLE SOLE
DUFF & PHELPS UTILITIES TAX COMM 264325101 282,656.25 22,500 SOLE SOLE SOLE
DURAMED PHARMACEUTICALS INC PUT 266354959 612,318.75 86,700 SOLE SOLE SOLE
DURAMED PHARMACEUTICALS INC COMM 266354109 592,035.25 83,828 SOLE SOLE SOLE
DYNEGY INC CALL 26816L902 729,375.00 30,000 SOLE SOLE SOLE
EEX CORPORATION (NEW) COMM 26842V207 293,750.00 100,000 SOLE SOLE SOLE
E4L, INC PUT 268452959 60,000.00 24,000 SOLE SOLE SOLE
E4L, INC COMM 268452109 179,000.00 71,600 SOLE SOLE SOLE
EMC CORP MASS COMM 268648102 5,931,838.00 54,296 SOLE SOLE SOLE
ENSCO INTL DEV CALL 26874Q900 663,375.00 29,000 SOLE SOLE SOLE
ENSCO INTL DEV PUT 26874Q950 818,925.00 35,800 SOLE SOLE SOLE
ETEK DYNAMICS PUT 269240957 7,625,400.00 56,800 SOLE SOLE SOLE
ETEK DYNAMICS COMM 269240107 19,777,978.50 147,322 SOLE SOLE SOLE
E TRADE GROUP INC PUT 269246954 373,587.50 14,300 SOLE SOLE SOLE
E TRADE GROUP INC COMM 269246104 682,855.25 26,138 SOLE SOLE SOLE
EARTHLINK NETWORK INC PUT 270322950 4,373,250.00 102,900 SOLE SOLE SOLE
EARTHLINK NETWORK INC COMM 270322100 2,599,087.50 61,155 SOLE SOLE SOLE
EASTERN COMPANY (THE) COMM 276317104 160,453.13 10,269 SOLE SOLE SOLE
EASTERN ENTERPRISES COMM 27637F100 3,124,600.00 54,400 SOLE SOLE SOLE
EASTMAN KODAK CO CALL 277461909 1,656,250.00 25,000 SOLE SOLE SOLE
EASTMAN KODAK CO PUT 277461959 331,250.00 5,000 SOLE SOLE SOLE
EASYRIDERS, INC COMM 277848107 23,036.13 26,327 SOLE SOLE SOLE
EATON VANCE MICHIGAN INCOME COMM 27826D106 106,968.75 10,500 SOLE SOLE SOLE
TR
EATON VANCE OHIO MUNICIPAL COMM 27826G109 110,250.00 10,500 SOLE SOLE SOLE
EATON VANCE NATIONAL COMM 27826U108 144,150.00 12,400 SOLE SOLE SOLE
MUNICIPAL
ECHO BAY MINES LTD COMM 278751102 47,500.00 40,000 SOLE SOLE SOLE
ECOLAB INC PUT 278865950 203,450.00 5,200 SOLE SOLE SOLE
ECOLAB INC COMM 278865100 1,046,789.38 26,755 SOLE SOLE SOLE
ECOLLEGE.COM COMM 27887E100 111,256.25 10,172 SOLE SOLE SOLE
EDWARDS J D & CO CALL 281667905 2,106,187.50 70,500 SOLE SOLE SOLE
ELECTRONIC DATA SYS CORP CALL 285661904 334,687.50 5,000 SOLE SOLE SOLE
EMERSON ELEC CO CALL 291011904 2,541,712.50 44,300 SOLE SOLE SOLE
EMERSON ELEC CO PUT 291011954 1,336,837.50 23,300 SOLE SOLE SOLE
EMISPHERE TECHNOLOGIES INC CALL 291345906 228,000.00 7,600 SOLE SOLE SOLE
EMISPHERE TECHNOLOGIES INC PUT 291345956 588,000.00 19,600 SOLE SOLE SOLE
ENDOREX CORP (NEW) COMM 29264N307 162,408.31 60,431 SOLE SOLE SOLE
ENTREMED INC PUT 29382F953 2,308,812.50 90,100 SOLE SOLE SOLE
ENTREMED INC COMM 29382F103 1,423,417.50 55,548 SOLE SOLE SOLE
ENZO BIOCHEM INC PUT 294100952 2,442,387.50 54,200 SOLE SOLE SOLE
ENZO BIOCHEM INC COMM 294100102 1,573,357.19 34,915 SOLE SOLE SOLE
ESCALON MEDICAL CORP NEW COMM 296074305 20,152.00 10,076 SOLE SOLE SOLE
ETHYL CORP CALL 297659904 42,525.00 10,800 SOLE SOLE SOLE
ETHYL CORP COMM 297659104 43,312.50 11,000 SOLE SOLE SOLE
EXODUS COMMUNICATIONS INC COMM 302088109 331,359.44 3,731 SOLE SOLE SOLE
EXTREME NETWORKS INC PUT 30226D956 1,661,650.00 19,900 SOLE SOLE SOLE
EXTREME NETWORKS INC COMM 30226D106 732,211.50 8,769 SOLE SOLE SOLE
EZCORP INC CL-A NON-VTG COMM 302301106 278,337.38 71,829 SOLE SOLE SOLE
EXXON MOBIL CORP. CALL 30231G902 346,418.75 4,300 SOLE SOLE SOLE
FASTENAL CO CALL 311900904 1,307,681.25 29,100 SOLE SOLE SOLE
FASTENAL CO PUT 311900954 1,703,131.25 37,900 SOLE SOLE SOLE
FASTENAL CO COMM 311900104 402,325.44 8,953 SOLE SOLE SOLE
FEDERAL HOME LOAN MTG CORP PUT 313400951 1,411,875.00 30,000 SOLE SOLE SOLE
FEDERAL HOME LOAN MTG CORP COMM 313400301 894,187.50 19,000 SOLE SOLE SOLE
FEDERAL MOGUL CORP COMM 313549107 277,725.00 13,800 SOLE SOLE SOLE
FELCOR LODGING TRUST INC COMM 31430F101 441,000.00 25,200 SOLE SOLE SOLE
FS NETWORKS INC PUT 315616952 1,508,925.00 13,200 SOLE SOLE SOLE
FS NETWORKS INC COMM 315616102 1,131,579.44 9,899 SOLE SOLE SOLE
FIDELITY BANCORP INC COMM 315831107 247,429.00 19,033 SOLE SOLE SOLE
FILM ROMAN INC COMM 317234102 448,471.88 287,022 SOLE SOLE SOLE
BANK ONE CORP CALL 31945A903 1,343,418.75 41,900 SOLE SOLE SOLE
FIRST PRIORITY GROUP INC NEW COMM 335914206 176,241.19 59,997 SOLE SOLE SOLE
FIRST SECURITY CORP DEL PUT 336294953 216,750.00 8,500 SOLE SOLE SOLE
FIRST SECURITY CORP DEL COMM 336294103 2,873,136.00 112,672 SOLE SOLE SOLE
FIRST SENTINEL BANCORP INC CALL 33640T903 135,731.25 17,100 SOLE SOLE SOLE
FIRST ST BANCORPORATION COMM 336453105 141,291.00 10,466 SOLE SOLE SOLE
FIRST UNION CORP CALL 337358905 1,345,312.50 41,000 SOLE SOLE SOLE
FIRST UNION CORP PUT 337358955 4,012,968.75 122,300 SOLE SOLE SOLE
FIRST UNION CORP COMM 337358105 3,738,984.38 113,950 SOLE SOLE SOLE
FIRSTAR CORP (NEW) CALL 33763V909 249,275.00 11,800 SOLE SOLE SOLE
FIRSTAR CORP (NEW) PUT 33763V959 2,106,162.50 99,700 SOLE SOLE SOLE
FIRSTAR CORP (NEW) COMM 33763V109 1,335,036.63 63,197 SOLE SOLE SOLE
FLEETBOSTON FINANCIAL CCRP PUT 338915958 671,881.25 19,300 SOLE SOLE SOLE
FLEETBOSTON FINANCIAL CCRP CALL 33901A908 800,687.50 23,000 SOLE SOLE SOLE
FLEETBOSTON FINANCIAL CCRP CALL 339030908 3,324,593.75 95,500 SOLE SOLE SOLE
FLEETBOSTON FINANCIAL CCRP PUT 339030958 2,767,593.75 79,500 SOLE SOLE SOLE
FLEETBOSTON FINANCIAL CCRP COMM 339030108 3,422,451.69 98,311 SOLE SOLE SOLE
FLEMING COMPANIES INC PUT 339130956 161,950.00 15,800 SOLE SOLE SOLE
FLEMING COMPANIES INC COMM 339130106 162,975.00 15,900 SOLE SOLE SOLE
FLORDIA PROGRESS CORP CALL 341109906 1,451,318.75 34,300 SOLE SOLE SOLE
FLOWER INDUSTRIES INC CALL 343496905 162,562.50 10,200 SOLE SOLE SOLE
FLOWER INDUSTRIES INC PUT 343496955 819,187.50 51,400 SOLE SOLE SOLE
FLOWER INDUSTRIES INC COMM 343496105 648,656.25 40,700 SOLE SOLE SOLE
FOCUS ENHANCEMENTS INC COMM 344159108 455,655.75 55,231 SOLE SOLE SOLE
FORT JAMES CORP PUT 347471954 4,100,775.00 149,800 SOLE SOLE SOLE
FORT JAMES CORP COMM 347471104 2,808,675.00 102,600 SOLE SOLE SOLE
FORTUNE BRANDS INC CALL 349631901 3,121,100.00 94,400 SOLE SOLE SOLE
FRANKLINSELREALTR@ COMM 354638108 179,960.00 26,176 SOLE SOLE SOLE
FREEPORT MCMORAN COPPER & CALL 35671D907 667,550.00 31,600 SOLE SOLE SOLE
GOLD
FREEPORT MCMORAN COPPER & GLD CALL 35671D905 291,431.25 15,700 SOLE SOLE SOLE
FREEPORT MCMORAN COPPER & GLD PUT 35671D955 328,556.25 17,700 SOLE SOLE SOLE
FRIEDMAN BILLINGS RAMSEY GRP PUT 358433950 294,525.00 37,400 SOLE SOLE SOLE
FRIEDMAN BILLINGS RAMSEY GRP A SH 358433100 590,625.00 75,000 SOLE SOLE SOLE
FRITZ COMPANIES INC COMM 358846103 187,666.50 17,873 SOLE SOLE SOLE
FRONTIER AIRLS INC NEW CALL 359065909 119,437.50 10,500 SOLE SOLE SOLE
FRONTIER AIRLS INC NEW PUT 359065959 156,975.00 13,800 SOLE SOLE SOLE
FRONTIER INSURANCE GROUP INC COMM 359081106 234,437.50 68,200 SOLE SOLE SOLE
GATX CORP PUT 361448953 438,750.00 13,000 SOLE SOLE SOLE
GATX CORP COMM 361448103 563,625.00 16,700 SOLE SOLE SOLE
GST TELECOMMUNICATIONS INC PUT 361942955 321,718.75 35,500 SOLE SOLE SOLE
GST TELECOMMUNICATIONS INC COMM 361942105 605,674.06 66,833 SOLE SOLE SOLE
GALILEO INT'L INC. COMM 363547100 206,568.75 6,900 SOLE SOLE SOLE
GALLAHER GRP PLC ADR COMM 363595109 396,675.00 25,800 SOLE SOLE SOLE
GENENTECH INC CALL 368710906 10,437,200.00 77,600 SOLE SOLE SOLE
GENERAL CABLE CORP COMM 369300108 169,400.00 22,400 SOLE SOLE SOLE
GENERAL DYNAMICS CORP CALL 369550908 406,175.00 7,700 SOLE SOLE SOLE
GENERAL DYNAMICS CORP PUT 369550958 1,593,050.00 30,200 SOLE SOLE SOLE
GENERAL DYNAMICS CORP COMM 369550108 1,322,126.00 25,064 SOLE SOLE SOLE
GENERAL ELEC CO COMM 369604103 4,079,519.50 26,362 SOLE SOLE SOLE
GENERAL INSTRUMENT CORP PUT 370120957 425,000.00 5,000 SOLE SOLE SOLE
GENERAL INSTRUMENT CORP COMM 370120107 12,871,380.00 151,428 SOLE SOLE SOLE
GENERAL MAGIC INC CALL 370253906 197,625.00 51,000 SOLE SOLE SOLE
GENERAL MTRS CORP. PUT 370442955 5,785,925.00 79,600 SOLE SOLE SOLE
GENERAL MTRS CORP. COMM 370442105 10,961,275.00 150,800 SOLE SOLE SOLE
GENTIA SOFTWARE PLC ADR AMER 37245A104 113,346.38 16,638 SOLE SOLE SOLE
GENZYME CORP (GENERAL PUT 372917954 821,212.50 18,300 SOLE SOLE SOLE
DIVISION
GENZYME CORP (GENERAL COMM 372917104 1,327,447.38 29,581 SOLE SOLE SOLE
DIVISION
GENZYME CORP-TISSUE REPAIR- COMM 372917401 126,560.50 46,022 SOLE SOLE SOLE
GEORGIA PAC CORP CALL 373298908 1,583,400.00 31,200 SOLE SOLE SOLE
GEORGIA-PACIFIC CORP CALL 373298902 258,562.50 10,500 SOLE SOLE SOLE
GEORGIA PAC CORP PUT 373298958 4,587,800.00 90,400 SOLE SOLE SOLE
GERON CORP COMM 374163103 204,663.88 16,211 SOLE SOLE SOLE
GIBSON GREETINGS, INC. PUT 374827953 89,375.00 10,000 SOLE SOLE SOLE
GLENBOROUGH REALTY TR INC COMM 37803P105 367,812.50 27,500 SOLE SOLE SOLE
GLIATECH INC CALL 37929C903 836,237.50 50,300 SOLE SOLE SOLE
GLIATECH INC PUT 37929C953 329,175.00 19,800 SOLE SOLE SOLE
GLOBAL LIGHT COMM 37934X100 212,503.50 17,172 SOLE SOLE SOLE
TELECOMMUNICATION
GLOBAL MARINE INC (NEW) COMM 379352404 1,223,600.00 73,600 SOLE SOLE SOLE
GOLD FIELDS SOUTH AFRICA LTD AMER 380597500 109,845.19 45,649 SOLE SOLE SOLE
GOLDEN STAR RESOURCES LTD COMM 38119T104 28,125.00 30,000 SOLE SOLE SOLE
GOLDEN STATE BANCORP INC WTS WARR 381197136 334,233.38 381,981 SOLE SOLE SOLE
GOLDMAN SACHS GROUP INC PUT 38141G954 9,126,768.75 96,900 SOLE SOLE SOLE
GOLDMAN SACHS GROUP INC COMM 38141G104 3,023,418.75 32,100 SOLE SOLE SOLE
GOODYEAR TIRE & RUBBER CO PUT 382550951 211,406.25 7,500 SOLE SOLE SOLE
GOODYEAR TIRE & RUBBER CO COMM 382550101 2,497,412.50 88,600 SOLE SOLE SOLE
GRACE W.R. & CO NEW COMM 38388F108 197,025.00 14,200 SOLE SOLE SOLE
GREAT ATLANTIC & PAC TEA INC PUT 390064953 797,225.00 28,600 SOLE SOLE SOLE
GREAT ATLANTIC & PAC TEA INC COMM 390064103 760,987.50 27,300 SOLE SOLE SOLE
GREENWICH ST. CALIF MN FD COMM 397009101 175,312.50 16,500 SOLE SOLE SOLE
GREENWICH STREET MUNI FND INC COMM 39701A107 621,075.00 63,700 SOLE SOLE SOLE
GRUBB & ELLIS CO (NEW) COMM 400095204 67,968.75 14,500 SOLE SOLE SOLE
HCC INSURANCE HOLDINGS INC COMM 404132102 342,875.00 26,000 SOLE SOLE SOLE
HPSC INC COMM 404264103 97,069.50 10,494 SOLE SOLE SOLE
HADCO INC PUT 404681958 382,500.00 7,500 SOLE SOLE SOLE
HALLIBURTON CO CALL 406216901 261,625.00 6,500 SOLE SOLE SOLE
HALLMARK FINANCIAL SERVICES COMM 40624Q104 5,736.38 15,297 SOLE SOLE SOLE
IC
HANCOCK FABRICS COMM 409900107 46,875.00 15,000 SOLE SOLE SOLE
HANGER ORTHOPEDIC GROUP (NEW) PUT 41043F958 335,000.00 33,500 SOLE SOLE SOLE
HANGER ORTHOPEDIC GROUP (NEW) COMM 41043F208 581,000.00 58,100 SOLE SOLE SOLE
HANOVER CAPITAL MORTGAGE HLD COMM 410761100 57,291.50 16,369 SOLE SOLE SOLE
HANOVER CAPITAL MTG HOLD WTS WARR 410761118 - 172,028 SOLE SOLE SOLE
HANOVER DIRECT INC (DEL) COMM 410783104 123,565.38 34,087 SOLE SOLE SOLE
HARTFORD LIFE PUT 416592953 1,104,400.00 25,100 SOLE SOLE SOLE
HARTFORD LIFE COMM 416592103 1,522,400.00 34,600 SOLE SOLE SOLE
HASTINGS MFG CO COMM 418398103 203,537.25 25,846 SOLE SOLE SOLE
HEALTHSOUTH CORPORATION PUT 421924951 5,907,125.00 1,099,000 SOLE SOLE SOLE
HEALTHSOUTH CORPORATION COMM 421924101 6,961,162.50 1,295,100 SOLE SOLE SOLE
HEALTHCARE INTEGRATED COMM 421939109 10,914.00 10,914 SOLE SOLE SOLE
SERVICES
HEAD HUNTER.NET INC. COMM 422077107 216,834.38 17,175 SOLE SOLE SOLE
HEALTHEON/WEBMD CORP PUT 422209956 4,327,500.00 115,400 SOLE SOLE SOLE
HEALTHEON/WEBMD CORP COMM 422209106 5,973,000.00 159,280 SOLE SOLE SOLE
HEARX LTD NEW COMM 422360305 461,639.75 99,814 SOLE SOLE SOLE
HECLA MNG CO COMM 422704106 39,062.50 25,000 SOLE SOLE SOLE
HEILIG MEYERS CO COMM 422893107 110,000.00 40,000 SOLE SOLE SOLE
HELLER FINANCIAL INC CALL 423328903 304,950.00 15,200 SOLE SOLE SOLE
HELLER FINANCIAL INC PUT 423328953 395,231.25 19,700 SOLE SOLE SOLE
HELLER FINANCIAL INC A SH 423328103 445,387.50 22,200 SOLE SOLE SOLE
HEMISPHERX BIOPHARMA CL-A WTS WARR 42366C111 1,332,450.00 226,800 SOLE SOLE SOLE
HEWLETT PACKARD CO PUT 428236953 569,687.50 5,000 SOLE SOLE SOLE
HI/FN INC PUT 428358955 7,652,387.50 197,800 SOLE SOLE SOLE
HI/FN INC COMM 428358105 4,580,290.50 118,392 SOLE SOLE SOLE
HIGH COUNTRY BANCORP INC COMM 42965Q107 172,500.00 15,000 SOLE SOLE SOLE
HILTON HOTELS CORP COMM 432848109 105,875.00 11,000 SOLE SOLE SOLE
HOLLINGER INT'L INC CL A A SH 435569108 323,437.50 25,000 SOLE SOLE SOLE
HOME DEPOT INC PUT 437076952 15,683,671.88 228,750 SOLE SOLE SOLE
HOME DEPOT INC COMM 437076102 3,009,208.13 43,890 SOLE SOLE SOLE
HOMESTAKE MNG CO CALL 437614900 532,812.50 68,200 SOLE SOLE SOLE
HOMESTAKE MNG CO PUT 437614950 500,000.00 64,000 SOLE SOLE SOLE
HOMESTAKE MNG CO COMM 437614100 573,437.50 73,400 SOLE SOLE SOLE
HOST MARRIOTT CORP COMM 44107P104 356,400.00 43,200 SOLE SOLE SOLE
HUDSON HOTELS CORP COMM 443794102 15,536.13 22,598 SOLE SOLE SOLE
HUMANA INC COMM 444859102 817,112.50 99,800 SOLE SOLE SOLE
ICN PHARMACEUTICALS INC NEW PUT 448924950 5,416,875.00 214,000 SOLE SOLE SOLE
ICN PHARMACEUTICALS INC NEW COMM 448924100 4,227,187.50 167,000 SOLE SOLE SOLE
ICG COMMUNICATION INC COMM 449246107 2,999,997.81 160,535 SOLE SOLE SOLE
ILX RESORTS INC COMM 449661503 71,737.50 47,825 SOLE SOLE SOLE
IMC GLOBAL INC PUT 449669950 936,650.00 57,200 SOLE SOLE SOLE
IMC GLOBAL INC COMM 449669100 1,031,625.00 63,000 SOLE SOLE SOLE
IPC INFORMATION SYS INC COMM 44980K206 631,474.00 8,894 SOLE SOLE SOLE
ITEQ INC COMM 450430103 39,852.31 49,049 SOLE SOLE SOLE
IDENTIX INCORPORATED PUT 451906951 282,750.00 31,200 SOLE SOLE SOLE
IDENTIX INCORPORATED COMM 451906101 567,312.50 62,600 SOLE SOLE SOLE
ILLINOVA CORP COMM 452317100 486,500.00 14,000 SOLE SOLE SOLE
IMAX CORP CALL 45245E909 1,190,812.50 43,500 SOLE SOLE SOLE
IMMUNEX CORP (NEW) CALL 452528902 9,225,581.25 84,300 SOLE SOLE SOLE
INFINIUM SOFTWARE INC PUT 45662Y959 156,687.50 23,000 SOLE SOLE SOLE
INFINIUM SOFTWARE INC COMM 45662Y109 105,212.25 15,444 SOLE SOLE SOLE
INFOSPACE . COM INC CALL 45678T902 877,143.75 4,100 SOLE SOLE SOLE
INFOSPACE . COM INC PUT 45678T952 9,092,343.75 42,500 SOLE SOLE SOLE
INGERSOLL RAND CO CALL 456866902 247,781.25 4,500 SOLE SOLE SOLE
INGRAM MICRO INC PUT 457153954 820,312.50 62,500 SOLE SOLE SOLE
INGRAM MICRO INC COMM 457153104 1,497,562.50 114,100 SOLE SOLE SOLE
INKINE PHARMA CO INC COMM 457214104 538,167.50 165,590 SOLE SOLE SOLE
INNERDYNE INC COMM 45764D102 189,779.63 56,231 SOLE SOLE SOLE
INSO CORP PUT 457674959 322,500.00 10,000 SOLE SOLE SOLE
INSURED MUNICIPAL INCOME FUND COMM 45809F104 127,187.50 11,000 SOLE SOLE SOLE
INTEGRATED DEVICE TECH INC CALL 458118906 5,090,106.25 175,900 SOLE SOLE SOLE
INTEGRATED HEALTH SERVICES CALL 45812C906 - 25,000 SOLE SOLE SOLE
INC
INTEGRATED HEALTH SERVICES PUT 45812C956 - 17,100 SOLE SOLE SOLE
INC
INTEGRATED HEALTH SERVICES COMM 45812C106 - 84,041 SOLE SOLE SOLE
INC
INTEL CORP CALL 458140900 57,213,100.00 695,600 SOLE SOLE SOLE
INTELLICALL INC COMM 45815C103 93,514.50 83,124 SOLE SOLE SOLE
INTELLICORP INC COMM 458153103 76,284.38 24,411 SOLE SOLE SOLE
INTELLIGROUP INC PUT 45816A956 2,425,312.50 97,500 SOLE SOLE SOLE
INTELLIGROUP INC COMM 45816A106 1,189,821.00 47,832 SOLE SOLE SOLE
INTER PARFUMS INC COMM 458334109 289,893.75 30,922 SOLE SOLE SOLE
INTERDIGITAL COM CORP PUT 45866A955 750,000.00 10,000 SOLE SOLE SOLE
INTERGRAPH CORP PUT 458683959 362,137.50 78,300 SOLE SOLE SOLE
INTERGRAPH CORP COMM 458683109 359,367.13 77,701 SOLE SOLE SOLE
INTERLEAF INC NEW CALL 458729909 328,912.50 9,800 SOLE SOLE SOLE
INTERLEAF INC NEW PUT 458729959 204,731.25 6,100 SOLE SOLE SOLE
INTERMAGNETICS GENERAL CORP PUT 458771952 259,000.00 29,600 SOLE SOLE SOLE
INTERMAGNETICS GENERAL CORP COMM 458771102 119,691.25 13,679 SOLE SOLE SOLE
INTERNATIONAL HOME FOODS INC PUT 459655956 3,089,275.00 177,800 SOLE SOLE SOLE
INTERNATIONAL HOME FOODS INC COMM 459655106 2,750,462.50 158,300 SOLE SOLE SOLE
INTERNATIONAL PAPER CO CALL 460146903 993,300.00 17,600 SOLE SOLE SOLE
INT'L SPEEDWAY CORP CL A A SH 460335201 254,000.00 5,080 SOLE SOLE SOLE
INTERNET CAPITAL GROUP, COMM 46059C106 528,695.88 3,118 SOLE SOLE SOLE
INC.
INTERPUBLIC GROUP COS INC CALL 460690900 10,597,193.75 183,700 SOLE SOLE SOLE
INTERSTATE BAKERIES PUT 46072H958 420,500.00 23,200 SOLE SOLE SOLE
(DEL)(NEW)
INTERSTATE BAKERIES COMM 46072H108 346,187.50 19,100 SOLE SOLE SOLE
(DEL)(NEW)
INTERSTATEHOTELSCORP COMM 46088R108 59,739.29 18,927 SOLE SOLE SOLE
INTERTAN INC CALL 461120907 2,003,787.50 76,700 SOLE SOLE SOLE
INTRENET INC COMM 461190100 308,675.35 128,278 SOLE SOLE SOLE
INTUIT INC CALL 461202903 981,950.00 16,400 SOLE SOLE SOLE
INTUIT INC PUT 461202953 365,237.50 6,100 SOLE SOLE SOLE
IONICS INC CALL 462218908 669,375.00 23,800 SOLE SOLE SOLE
IONICS INC PUT 462218958 568,125.00 20,200 SOLE SOLE SOLE
IPSWICH BANCSHARES INC COMM 462633108 270,462.50 28,100 SOLE SOLE SOLE
THE ITALY FUND INC COMM 465395101 1,802,000.00 106,000 SOLE SOLE SOLE
I VILLAGE INC PUT 46588H955 785,293.75 38,900 SOLE SOLE SOLE
I VILLAGE INC COMM 46588H105 923,457.00 45,744 SOLE SOLE SOLE
JCC HOLDING CO CL A COMM 46611Q205 129,093.75 45,900 SOLE SOLE SOLE
J L G INDUSTRIES INC PUT 466210951 447,843.75 28,100 SOLE SOLE SOLE
J L G INDUSTRIES INC COMM 466210101 589,687.50 37,000 SOLE SOLE SOLE
JAPAN OTC EQUITY FUND INC COMM 471091108 317,062.50 26,700 SOLE SOLE SOLE
JETFORM CORP COMM 477155105 157,485.00 31,497 SOLE SOLE SOLE
JONES PHARMA INC CALL 480236908 1,672,106.25 38,550 SOLE SOLE SOLE
JONES PHARMA INC PUT 480236958 485,800.00 11,200 SOLE SOLE SOLE
KBK CAPITAL CORP COMM 482412103 42,042.38 12,457 SOLE SOLE SOLE
KFX INC COMM 48245L107 44,193.94 26,189 SOLE SOLE SOLE
KLA-TENCOR CORP CALL 482480900 17,887,918.75 160,700 SOLE SOLE SOLE
K2 INC COMM 482732104 100,345.00 13,160 SOLE SOLE SOLE
KAFUS INDUSTRIES LTD PUT 482910956 112,612.50 12,600 SOLE SOLE SOLE
KAFUS INDUSTRIES LTD COMM 482910106 259,187.50 29,000 SOLE SOLE SOLE
KANEB SERVICES INC COMM 484170105 2,680,562.50 612,700 SOLE SOLE SOLE
KELLSTROM INDS INC. COMM 488035106 527,491.88 58,206 SOLE SOLE SOLE
KEMPER MUNICIPAL INCOME TR COMM 48842C104 262,975.00 26,800 SOLE SOLE SOLE
KEMPER STRATEGIC MUN INCM COMM 488427105 274,443.75 28,700 SOLE SOLE SOLE
KENDLE INTERNATIONAL INC PUT 48880L957 331,800.00 33,600 SOLE SOLE SOLE
KENDLE INTERNATIONAL INC COMM 48880L107 228,013.75 23,090 SOLE SOLE SOLE
KENNEDY-WILSON INTL (NEW) COMM 489399204 181,613.25 23,062 SOLE SOLE SOLE
KERR MCGEE CORP CALL 492386907 1,103,600.00 17,800 SOLE SOLE SOLE
KIMBERLY CLARK CORP PUT 494368953 3,105,900.00 47,600 SOLE SOLE SOLE
KIMBERLY CLARK CORP COMM 494368103 2,424,690.00 37,160 SOLE SOLE SOLE
K MART FINANCING PREFERD COMM 498778208 2,852,500.00 65,200 SOLE SOLE SOLE
KONINKLIKE PHILIPS ELECTRONIC COMM 500472204 270,000.00 2,000 SOLE SOLE SOLE
KOS PHARMACEUTICALS INC PUT 500648950 146,850.00 26,700 SOLE SOLE SOLE
KOS PHARMACEUTICALS INC COMM 500648100 94,677.00 17,214 SOLE SOLE SOLE
KROLL-OGARA CO PUT 501050958 163,750.00 10,000 SOLE SOLE SOLE
KULICK & SOFFA CORP 501242AC5 221,250.00 200 SOLE SOLE SOLE
KUSHNER-LOCKE CO NEW COMM 501337406 209,375.00 50,000 SOLE SOLE SOLE
LCA-VISION INC NEW PUT 501803959 86,231.25 18,900 SOLE SOLE SOLE
LCA-VISION INC NEW COMM 501803209 109,924.31 24,093 SOLE SOLE SOLE
LTX CORP CALL 502392903 369,187.50 16,500 SOLE SOLE SOLE
LTX CORP PUT 502392953 400,512.50 17,900 SOLE SOLE SOLE
LAMAR ADVERTISING CO CL-A CALL 512815901 1,913,887.50 31,700 SOLE SOLE SOLE
LAMAR ADVERTISING CO CL-A PUT 512815951 899,587.50 14,900 SOLE SOLE SOLE
LANIER WORLDWIDE INC COMM 51589L105 348,750.00 90,000 SOLE SOLE SOLE
LEAP WIRELESS INTERNATIONAL PUT 521863950 1,302,600.00 16,700 SOLE SOLE SOLE
IN
LEAPNET INC COMM 521864108 94,121.25 15,852 SOLE SOLE SOLE
LEASING SOLUTIONS INC COMM 522113109 - 162,675 SOLE SOLE SOLE
LEHMAN BROTHERS HOLDINGS INC COMM 524908100 18,021,500.00 212,800 SOLE SOLE SOLE
LETS TALK CELLULAR & WIRELESS COMM 527260103 43,377.50 17,351 SOLE SOLE SOLE
LEXMARK INT'L GROUP INC CALL 529771907 1,547,550.00 17,100 SOLE SOLE SOLE
LEXMARK INT'L GROUP INC PUT 529771957 570,150.00 6,300 SOLE SOLE SOLE
LIFETIME HOAN CORP COMM 531926103 241,458.22 46,267 SOLE SOLE SOLE
LINCOLN SNACKS CO COMM 534744107 9,575.00 15,320 SOLE SOLE SOLE
LOCKHEED MARTIN CORP PUT 539830959 1,949,062.50 89,100 SOLE SOLE SOLE
LOUISIANA PACIFIC CORPORATION PUT 546347955 2,758,800.00 193,600 SOLE SOLE SOLE
LOUISIANA PACIFIC CORPORATION COMM 546347105 2,891,325.00 202,900 SOLE SOLE SOLE
LOWE'S COMPANIES, INC. PUT 548661957 227,050.00 3,800 SOLE SOLE SOLE
LUBYS INC COMM 549282101 113,750.00 10,000 SOLE SOLE SOLE
LUCENT TECHNOLOGIES INC. CALL 549463907 14,364,000.00 192,000 SOLE SOLE SOLE
LUCENT TECHNOLOGIES INC. PUT 549463957 3,231,900.00 43,200 SOLE SOLE SOLE
LYCOS INC COMM 550818108 236,221.06 2,969 SOLE SOLE SOLE
LYNX THERAPEUTICS INC PUT 551812958 352,000.00 11,000 SOLE SOLE SOLE
LYONDELL CHEMICAL CO PUT 552078957 1,162,800.00 91,200 SOLE SOLE SOLE
LYONDELL CHEMICAL CO COMM 552078107 1,382,100.00 108,400 SOLE SOLE SOLE
M & F WORLDWIDE CORP COMM 552541104 354,375.00 70,000 SOLE SOLE SOLE
MBIA INC PUT 55262C950 538,687.50 10,200 SOLE SOLE SOLE
MBIA INC COMM 55262C100 565,093.75 10,700 SOLE SOLE SOLE
MCI WORLDCOM INC CALL 55268B906 445,200.00 8,400 SOLE SOLE SOLE
MCI WORLDCOM INC PUT 55268B956 6,232,800.00 117,600 SOLE SOLE SOLE
MCI WORLDCOM INC COMM 55268B106 1,145,012.00 21,604 SOLE SOLE SOLE
MCI WORLDCOM INC SERIES C COMM 55268B205 882,300.00 17,300 SOLE SOLE SOLE
MFS MUN INCOME TR COMM 552738106 160,550.00 24,700 SOLE SOLE SOLE
MGC COMMUNICATIONS INC PUT 552763952 250,937.50 5,000 SOLE SOLE SOLE
M.H. MEYERSON & CO INC COMM 55301Q102 262,484.25 49,997 SOLE SOLE SOLE
MAMAGNUM HUNTER RES WTS WARR 55972F120 3,562.50 19,000 SOLE SOLE SOLE
MANAGED MUNICIPALS PORTFOLIO COMM 561662107 169,468.75 18,700 SOLE SOLE SOLE
MANAGED MUNICIPAL PORTFOLIO COMM 561663105 112,375.00 12,400 SOLE SOLE SOLE
II
MANOR CARE INC COMM 564055101 428,800.00 26,800 SOLE SOLE SOLE
MARIMBA INC COMM 56781Q109 667,906.25 14,500 SOLE SOLE SOLE
MARRIOTT INTERNTL INC CL-A CALL 571900902 564,968.75 17,900 SOLE SOLE SOLE
MARRIOTT INTERNTL INC CL-A CALL 571903902 1,051,031.25 33,300 SOLE SOLE SOLE
MARRIOTT INTERNTL INC CL-A PUT 571903952 779,593.75 24,700 SOLE SOLE SOLE
MASCO CORP CALL 574599906 1,124,112.50 44,300 SOLE SOLE SOLE
MASCO CORP PUT 574599956 540,487.50 21,300 SOLE SOLE SOLE
MASCO CORP COMM 574599106 568,400.00 22,400 SOLE SOLE SOLE
MATRIX SERVICE CO COMM 576853105 823,690.00 188,272 SOLE SOLE SOLE
MATTEL INC CALL 577081902 269,062.50 20,500 SOLE SOLE SOLE
MATTEL INC COMM 577081102 1,958,880.00 149,248 SOLE SOLE SOLE
MCCORMICK & CO NON-VTG CALL 579780906 595,000.00 20,000 SOLE SOLE SOLE
MCDERMOTT INT'L INC COMM 580037109 90,625.00 10,000 SOLE SOLE SOLE
MCDONALDS CORP CALL 580135901 693,375.00 17,200 SOLE SOLE SOLE
MCDONALDS CORP PUT 580135951 427,312.50 10,600 SOLE SOLE SOLE
MCKESSON HBOC INC COMM 58155Q103 1,015,312.50 45,000 SOLE SOLE SOLE
MEDICONSULT COM INC COMM 58469J100 238,763.25 38,588 SOLE SOLE SOLE
MELLON FIN'L CORP CALL 58551A908 4,554,156.25 133,700 SOLE SOLE SOLE
MELLON FIN'L CORP PUT 58551A958 439,406.25 12,900 SOLE SOLE SOLE
MERCK & CO INC PUT 589331957 5,204,050.00 77,600 SOLE SOLE SOLE
MERCK & CO INC COMM 589331107 3,232,412.50 48,200 SOLE SOLE SOLE
MERIDICAN RESOURCES CORP COMM 58977Q109 750,312.50 245,000 SOLE SOLE SOLE
MERRILL LYNCH PIERCE FENNER & COMM 590188108 1,720,100.00 20,600 SOLE SOLE SOLE
MESA OFFSHORE TRUST - UBI COMM 590650107 602.59 19,252 SOLE SOLE SOLE
METROCALL INC COMM 591647102 126,022.00 77,552 SOLE SOLE SOLE
METROMEDIA FIBER NETWORK INC COMM 591689104 4,322,681.63 90,291 SOLE SOLE SOLE
MEXICO EQUITY & INCOME FUND COMM 592834105 446,875.00 50,000 SOLE SOLE SOLE
MICREL INCORPORATED COMM 594793101 428,454.69 7,525 SOLE SOLE SOLE
MICROS SYSTEM INC CALL 594901900 865,068.75 11,700 SOLE SOLE SOLE
MICROSOFT CORP CALL 594918904 2,427,100.00 20,800 SOLE SOLE SOLE
MICRO WAREHOUSE INC COMM 59501B105 1,843,215.31 99,971 SOLE SOLE SOLE
MICROMUSE INC PUT 595094953 3,587,000.00 21,100 SOLE SOLE SOLE
MICROMUSE INC COMM 595094103 209,270.00 1,231 SOLE SOLE SOLE
MU CVT BOND CORP 595112AB9 1,286,250.00 1,000 SOLE SOLE SOLE
MILESTONE SCIENTIFIC INC COMM 59935P100 8,125.00 10,000 SOLE SOLE SOLE
MILLIPORE CORP. CALL 601073909 575,512.50 14,900 SOLE SOLE SOLE
MIRAGE RESORTS INC PUT 60462E954 7,003,937.50 457,400 SOLE SOLE SOLE
MIRAGE RESORTS INC COMM 60462E104 4,586,093.75 299,500 SOLE SOLE SOLE
MISSION WEST PROPERTIES INC COMM 605203108 86,358.25 11,143 SOLE SOLE SOLE
MITCHAM INDUSTRIES COMM 606501104 482,001.88 145,510 SOLE SOLE SOLE
MOLECULAR BIOSYSTEMS INC COMM 608513107 13,000.00 13,000 SOLE SOLE SOLE
MONSANTO CO COMM 611662107 3,886,687.50 109,100 SOLE SOLE SOLE
MORGAN J P & CO INC PUT 616880950 11,345,600.00 89,600 SOLE SOLE SOLE
MORGAN FOODS (NEW) COMM 616900205 55,416.38 21,111 SOLE SOLE SOLE
MORGAN STANLEY DEAN WITTER CO CALL 617446908 10,534,950.00 73,800 SOLE SOLE SOLE
MORGAN STANLEY DEAN WITTER CO PUT 617446958 1,670,175.00 11,700 SOLE SOLE SOLE
MORGAN STANLEY DEAN WITTER COMM 61745P429 101,250.00 13,500 SOLE SOLE SOLE
MORGAN STANLEY DEAN WITTE COMM 61745P437 161,600.00 20,200 SOLE SOLE SOLE
MUNI
MORGAN STANLEY DEAN WITTER COMM 61745P445 149,625.00 21,000 SOLE SOLE SOLE
MORGAN STANLEY DEAN WITTER COMM 61745P452 147,250.00 19,000 SOLE SOLE SOLE
MORGAN STANLEY DEAN WITTER COMM 61745P460 82,500.00 11,000 SOLE SOLE SOLE
MORGAN STANLEY DEAN WITTER COMM 61745P478 158,025.00 19,600 SOLE SOLE SOLE
MORGAN STANLEY DEAN WITTER COMM 61745P486 120,125.00 15,500 SOLE SOLE SOLE
MORGAN STANLEY DEAN WITTER COMM 61745P502 176,700.00 15,200 SOLE SOLE SOLE
MORGAN STANLEY DEAN WITTER COMM 61745P585 155,250.00 13,500 SOLE SOLE SOLE
MORGAN STANLEY DEAN WITTER COMM 61745P635 195,800.00 17,800 SOLE SOLE SOLE
MORGAN STANLEY DEAN WITTER COMM 61745P668 219,375.00 18,000 SOLE SOLE SOLE
MORGAN STANLEY DEAN WITTER COMM 61745P734 287,306.25 23,100 SOLE SOLE SOLE
MORGAN STANLEY DEAN WITTER COMM 61745P791 163,312.50 13,000 SOLE SOLE SOLE
MORGAN STANLEY DEAN WITTER COMM 61745P817 151,606.25 12,700 SOLE SOLE SOLE
INS
MORGAN STANLEY DEAN WITTER COMM 61745P833 198,000.00 16,500 SOLE SOLE SOLE
MORGAN STANLEY DEAN WITTER COMM 61745P866 196,656.25 15,500 SOLE SOLE SOLE
MOTO PHOTO INC COMM 619821101 13,429.00 16,528 SOLE SOLE SOLE
MOTOROLA INC PUT 620076959 30,510,200.00 207,200 SOLE SOLE SOLE
MOTOROLA INC COMM 620076109 16,770,302.50 113,890 SOLE SOLE SOLE
MOVIE STAR INC COMM 624591103 12,479.06 13,311 SOLE SOLE SOLE
MUNIYIELD N.J. INSD FUND INC COMM 625921101 227,981.25 18,900 SOLE SOLE SOLE
MUNIHOLDINGS CALIF INSURED COMM 625929104 171,281.25 14,500 SOLE SOLE SOLE
FND
MUNIHOLDINGS NEW YORK INSURED COMM 625931100 226,737.50 18,700 SOLE SOLE SOLE
MUNIHOLDINGS FUND II INC COMM 625935101 138,375.00 12,300 SOLE SOLE SOLE
MUNIASSETS FUND INC COMM 62618Q106 176,000.00 16,000 SOLE SOLE SOLE
MUNICIPAL HIGH INCOME FUND COMM 626214100 171,100.00 23,200 SOLE SOLE SOLE
INC
MUNICIPAL PARTNERS FUND INC COMM 62622C101 210,000.00 19,200 SOLE SOLE SOLE
MUNIHOLDINGS N.Y. INS FUND II COMM 62624X103 168,862.50 15,800 SOLE SOLE SOLE
MUNIENHANCGD FUND INC COMM 626243109 264,625.00 29,000 SOLE SOLE SOLE
MUNIINSURED FUND INC COMM 626245104 89,250.00 12,000 SOLE SOLE SOLE
MUNIHOLDINGS N.J. INS FUND COMM 62625E104 209,312.50 19,700 SOLE SOLE SOLE
III
MUNIHOLDINGS FUND INC COMM 62625H107 161,718.75 12,500 SOLE SOLE SOLE
MUNIYIELD CALIF INSURED FUND COMM 62629K106 158,375.00 14,000 SOLE SOLE SOLE
MUNIYIELD (CAL) INSURED FD II COMM 62629L104 177,761.25 15,801 SOLE SOLE SOLE
MUNIVEST FUND II INC COMM 62629P105 226,125.00 20,100 SOLE SOLE SOLE
MUNIVEST NEW JERSEY FUND INC COMM 62629R101 120,400.00 11,200 SOLE SOLE SOLE
MUNIVEST FLORIDA FUND COMM 626293104 228,575.00 22,300 SOLE SOLE SOLE
MUNIVEST FUND COMM 626295109 160,650.00 20,400 SOLE SOLE SOLE
MUNIYIELD CALIFORNIA FUND INC COMM 626296107 255,600.00 21,300 SOLE SOLE SOLE
MUNIYIELD FLORIDA FUND COMM 626297105 198,000.00 17,600 SOLE SOLE SOLE
MUNIYIELD FLA. INSD FUND COMM 626298103 235,987.50 20,300 SOLE SOLE SOLE
MUNIYIELD FUND INC COMM 626299101 240,637.50 20,700 SOLE SOLE SOLE
MUNIYIELD INSD FD INC COM COMM 62630E107 303,569.44 25,699 SOLE SOLE SOLE
MUNIYIELD INSURED FUND INC COMM 62630J106 207,712.50 17,400 SOLE SOLE SOLE
MUNIYIELD N Y INSURED FD II COMM 62630P102 235,830.50 20,507 SOLE SOLE SOLE
MUNIYIELD QUALITY FUND II INC COMM 62630T104 244,362.50 22,600 SOLE SOLE SOLE
MUNIYIELD PENNSYVANIA FUND COMM 62630V109 293,356.25 25,100 SOLE SOLE SOLE
MUNIYIELD MICHIGAN FUND INC COMM 626300107 253,000.00 23,000 SOLE SOLE SOLE
MUNIYIELD NY INSURED FUND INC COMM 626301105 198,450.00 16,800 SOLE SOLE SOLE
MUNIYIELD QUALITY FUND INC COMM 626302103 315,618.75 27,900 SOLE SOLE SOLE
MUSICLAND STORES CORP CALL 62758B909 700,312.50 83,000 SOLE SOLE SOLE
MUSICLAND STORES CORP PUT 62758B959 607,500.00 72,000 SOLE SOLE SOLE
MUSICLAND STORES CORP COMM 62758B109 275,906.25 32,700 SOLE SOLE SOLE
NTL INC PUT 629407957 1,556,250.00 12,500 SOLE SOLE SOLE
NTL INC COMM 629407107 1,009,819.50 8,111 SOLE SOLE SOLE
NABISCO GROUP HOLDINGS PUT 62952P952 412,250.00 38,800 SOLE SOLE SOLE
NABISCO GROUP HOLDINGS COMM 62952P102 742,687.50 69,900 SOLE SOLE SOLE
NABISCO HOLDINGS CP CL A PUT 629526954 316,250.00 10,000 SOLE SOLE SOLE
NABISCO HOLDINGS CP CL A A SH 629526104 366,850.00 11,600 SOLE SOLE SOLE
NABORS INDS INC COMM 629568106 674,561.25 21,804 SOLE SOLE SOLE
NALCO CHEM CO COMM 629853102 - 26,000 SOLE SOLE SOLE
NATIONAL COMPUTER SYS INC CALL 635519901 2,658,750.00 70,900 SOLE SOLE SOLE
NATIONAL DATA CORP PUT 635621955 1,058,850.00 31,200 SOLE SOLE SOLE
NATIONAL DATA CORP COMM 635621105 821,287.50 24,200 SOLE SOLE SOLE
NATIONAL RECORD MART INC COMM 637355108 179,294.50 65,198 SOLE SOLE SOLE
NATIONAL STEEL CORP CL B PUT 637844959 81,068.75 10,900 SOLE SOLE SOLE
NATIONAL STEEL CORP CL B COMM 637844309 81,812.50 11,000 SOLE SOLE SOLE
NATIONAL WIRELESS HOLDINGS COMM 638560102 2,717,412.75 92,903 SOLE SOLE SOLE
INC
NAUTICA ENTERPRISES INC PUT 639089951 250,006.25 22,100 SOLE SOLE SOLE
NAUTICA ENTERPRISES INC COMM 639089101 1,456,982.13 128,794 SOLE SOLE SOLE
NAVIGANT INTERNATIONAL COMM 63935R108 303,898.38 26,002 SOLE SOLE SOLE
NEMATRON CORP COMM 640441101 32,095.25 11,671 SOLE SOLE SOLE
NEOMAGIC CORP PUT 640497953 228,375.00 21,000 SOLE SOLE SOLE
NEOWARE SYS INC WTS WARR 64065P110 3,764.38 60,230 SOLE SOLE SOLE
NERA AS ADR AMER 640806105 89,582.81 19,111 SOLE SOLE SOLE
NETWORKS ASSOCIATES INC COMM 640938106 381,589.50 14,332 SOLE SOLE SOLE
NETMOVES CORPORATION PUT 64116A954 1,737,150.00 250,400 SOLE SOLE SOLE
NETMOVES CORPORATION COMM 64116A104 1,064,614.88 153,458 SOLE SOLE SOLE
NETWORK COMPUTING DEVICES INC COMM 64120N100 268,255.31 34,895 SOLE SOLE SOLE
NETWORK ACCESS SOLUTIONS CORP CALL 64120S909 572,800.00 17,900 SOLE SOLE SOLE
NETWORK SOLUTIONS INC CALL 64121Q902 8,658,987.50 39,800 SOLE SOLE SOLE
NETWORK SOLUTIONS INC PUT 64121Q952 12,727,406.25 58,500 SOLE SOLE SOLE
NETWORK PERIPHERALS INC PUT 64121R950 9,737,500.00 205,000 SOLE SOLE SOLE
NETWORK PERIPHERALS INC COMM 64121R100 9,252,382.50 194,787 SOLE SOLE SOLE
NETZEE INC COMM 64122W108 472,064.38 28,502 SOLE SOLE SOLE
NEW ERA OF NETWORKS INC PUT 644312950 3,890,962.50 81,700 SOLE SOLE SOLE
NEW ERA OF NETWORKS INC COMM 644312100 4,147,137.38 87,079 SOLE SOLE SOLE
NEW FRONTIER MEDIA INC COMM 644398109 139,210.50 33,748 SOLE SOLE SOLE
THE NEW GERMANY FUNDING COMM 644465106 554,925.00 45,300 SOLE SOLE SOLE
NEW HORIZON KIDS QUEST INC COMM 645511106 8,865.00 11,820 SOLE SOLE SOLE
NEW WORLD COFFEE-MAHTTAN COMM 648904209 680,728.35 345,758 SOLE SOLE SOLE
BAGEL
NEW YORK TIMES CO COMM 650111107 245,625.00 5,000 SOLE SOLE SOLE
NEWSTAR MEDIA INC COMM 652503103 36,526.34 68,749 SOLE SOLE SOLE
NEXT LEVEL COMMUNICATIONS INC CALL 65333U904 2,308,075.00 30,800 SOLE SOLE SOLE
NEXT LEVEL COMMUNICATIONS INC PUT 65333U954 2,180,681.25 29,100 SOLE SOLE SOLE
NOBLE AFFILIATES INC COMM 654894104 756,743.75 35,300 SOLE SOLE SOLE
NOKIA CORP AMER 654902204 760,000.00 4,000 SOLE SOLE SOLE
NOBLE DRILLING CORP CALL 655042909 4,011,875.00 122,500 SOLE SOLE SOLE
NORTEL NETWORKS CORP PUT 656569950 1,515,000.00 15,000 SOLE SOLE SOLE
NOTIFY TECHNOLOGY CORP. CL A WARR 669956112 93,800.00 46,900 SOLE SOLE SOLE
NUVEEN INS PREM INCM MUNI FD COMM 6706D8104 170,150.00 16,600 SOLE SOLE SOLE
2
NUVEEN PREM INCOME MUNI FND4 COMM 6706K4105 196,425.00 16,200 SOLE SOLE SOLE
NUVEEN PA PREM INCOME MUN FD- COMM 67061F101 130,800.00 10,900 SOLE SOLE SOLE
2
NUVEEN SELECT MATURITIES MUNI COMM 67061T101 95,000.00 10,000 SOLE SOLE SOLE
NUVEEN INSURED CALIF PREM COMM 67061U108 125,550.00 10,800 SOLE SOLE SOLE
INCM
NUVEEN CALIFORNIA MUNI VALUE COMM 67062C107 199,237.50 25,300 SOLE SOLE SOLE
NUVEEN INVESTMENT QLTY MUNI COMM 67062E103 249,100.00 21,200 SOLE SOLE SOLE
FD
NUVEEN MUNI INC FUND COMM 67062J102 124,950.00 11,900 SOLE SOLE SOLE
NUVEEN NY MUNICIPLE VALUE COMM 67062M105 107,031.25 13,700 SOLE SOLE SOLE
NUVEEN INSD QUAL MUN FD INC COMM 67062N103 224,187.50 17,000 SOLE SOLE SOLE
NUVEEN PERFORMANCE PLUS MUN COMM 67062P108 162,750.00 14,000 SOLE SOLE SOLE
FD
NUVEEN PREMIUM INCOME MUNI COMM 67062T100 148,368.75 12,300 SOLE SOLE SOLE
FND
NUVEEN SELECT TAX FREE INC COMM 67063C106 201,500.00 15,500 SOLE SOLE SOLE
SBI
NUVEEN PREMIUM INCOME COMM 67063W102 181,500.00 13,200 SOLE SOLE SOLE
NUVEEN SELECT TAX-FREE INCOME COMM 67063X100 136,125.00 11,000 SOLE SOLE SOLE
NUVEEN VIRGINIA PREM MUNI FND COMM 67064R102 256,287.50 20,300 SOLE SOLE SOLE
NUWAVE TECHNOLOGIES INC COMM 67065M102 131,337.50 55,300 SOLE SOLE SOLE
NUVEEN MUNI VALUE FUND INC COMM 670928100 165,375.00 21,000 SOLE SOLE SOLE
NUVEEN FLA INVT QUAL MUNI FND COMM 670970102 149,625.00 11,400 SOLE SOLE SOLE
NUVEEN NJ INVT QUL MUN FD INC COMM 670971100 271,437.50 21,500 SOLE SOLE SOLE
NUVEEN SELECT QLTY MUNI FUND COMM 670973106 205,062.50 17,000 SOLE SOLE SOLE
NUVEEN CALIF SELECT QUALITY COMM 670975101 191,625.00 14,600 SOLE SOLE SOLE
NUVEEN QUALITY INCOME MUNI FD COMM 670977107 170,625.00 14,000 SOLE SOLE SOLE
NUVEEN FLORIDA QUALITY COMM 670978105 221,231.25 17,100 SOLE SOLE SOLE
NUVEEN MICH QUALITY INCOME COMM 670979103 142,100.00 11,200 SOLE SOLE SOLE
MUN
NUVEEN TEXAS QUALITY INCOME COMM 670983105 231,587.50 19,400 SOLE SOLE SOLE
NUVEEN INSURED MUNI OPPTY COMM 670984103 134,062.50 11,000 SOLE SOLE SOLE
FUND
NUVEEN PREMIER INDS MUN COMM 670987106 144,375.00 11,000 SOLE SOLE SOLE
NUVEEN PREMIER COMM 670988104 164,568.75 13,100 SOLE SOLE SOLE
NUVEEN NEW JERSEY PREMIUM COMM 67101N106 237,631.25 19,300 SOLE SOLE SOLE
OAKLEY, INC. CALL 673662902 155,750.00 28,000 SOLE SOLE SOLE
OAKLEY, INC. PUT 673662952 247,531.25 44,500 SOLE SOLE SOLE
OAKLEY, INC. COMM 673662102 244,193.75 43,900 SOLE SOLE SOLE
OCEAN ENERGY INC (NEW) COMM 67481E106 348,750.00 45,000 SOLE SOLE SOLE
OCEANEERING INTERNATIONAL, COMM 675232102 224,062.50 15,000 SOLE SOLE SOLE
INC
OFFICEMAX INC COMM 67622M108 326,150.00 59,300 SOLE SOLE SOLE
OMNICARE INC CALL 681904908 783,600.00 65,300 SOLE SOLE SOLE
ONE VALLEY BANCORP INC PUT 682419956 548,187.50 17,900 SOLE SOLE SOLE
ONE VALLEY BANCORP INC COMM 682419106 701,312.50 22,900 SOLE SOLE SOLE
OPTELECOM INC (NEW) COMM 683818207 85,129.69 20,955 SOLE SOLE SOLE
OPTIO SOFTWARE INC COMM 68389J106 305,923.00 13,018 SOLE SOLE SOLE
ORACLE INC. PUT 68389X955 73,906,000.00 659,875 SOLE SOLE SOLE
ORACLE INC. COMM 68389X105 20,160,784.00 180,007 SOLE SOLE SOLE
OPTI INC COMM 683960108 366,817.50 69,870 SOLE SOLE SOLE
ORIOLE HOMES CORP PREF 686264201 201,910.50 179,476 SOLE SOLE SOLE
OWENS CORNING PUT 69073F953 828,506.25 42,900 SOLE SOLE SOLE
OWENS CORNING COMM 69073F103 923,137.50 47,800 SOLE SOLE SOLE
P-COM INC CALL 693262907 667,987.50 75,800 SOLE SOLE SOLE
P-COM INC PUT 693262957 650,362.50 73,800 SOLE SOLE SOLE
PMC-SIERRA INC CALL 69344F906 24,181,725.00 150,900 SOLE SOLE SOLE
PMC-SIERRA INC PUT 69344F956 6,506,150.00 40,600 SOLE SOLE SOLE
PACCAR INC CALL 693718908 1,553,175.00 35,100 SOLE SOLE SOLE
PAN AMERICAN SILVER CORP COMM 697900108 92,925.00 17,700 SOLE SOLE SOLE
PANAMSAT CORP (NEW) CALL 697933909 1,080,843.75 18,300 SOLE SOLE SOLE
PAPA JOHNS INT'L INC PUT 698813952 1,920,806.25 73,700 SOLE SOLE SOLE
PAPA JOHNS INT'L INC COMM 698813102 1,843,400.63 70,730 SOLE SOLE SOLE
PARADISE MUSIC & ENTMT INC COMM 699071106 117,886.50 55,476 SOLE SOLE SOLE
PARALLEL PETE CORP NEW-DEL COMM 699157103 94,633.31 56,079 SOLE SOLE SOLE
PARAMETRIC TECHNOLOGY CORP PUT 699173950 1,773,900.00 65,700 SOLE SOLE SOLE
PARAMETRIC TECHNOLOGY CORP COMM 699173100 1,440,018.00 53,334 SOLE SOLE SOLE
PARKER DRILLING CO CALL 701081901 96,900.00 30,400 SOLE SOLE SOLE
PARKER DRILLING CO COMM 701081101 91,162.50 28,600 SOLE SOLE SOLE
PATTERSON ENERGY INC COMM 703414102 130,707.56 10,103 SOLE SOLE SOLE
PAXSON COMMUNICATIONS CORP COMM 704231109 121,082.06 10,143 SOLE SOLE SOLE
PAYCHEX INC CALL 704326907 1,022,400.00 25,600 SOLE SOLE SOLE
PAYCHEX INC PUT 704326957 1,206,112.50 30,200 SOLE SOLE SOLE
PEDIATRIX MEDICAL GROUP INC PUT 705324951 249,200.00 35,600 SOLE SOLE SOLE
PEDIATRIX MEDICAL GROUP INC COMM 705324101 397,600.00 56,800 SOLE SOLE SOLE
PEGASYSTEMS INC COMM 705573103 176,751.31 15,799 SOLE SOLE SOLE
PENNACO ENERGY INC COMM 708046107 103,048.00 12,881 SOLE SOLE SOLE
PENTASTAR COMMUNICATIONS INC COMM 709632103 527,681.00 34,888 SOLE SOLE SOLE
PEP BOYS MANNY MOE & JACK PUT 713278959 1,069,450.00 117,200 SOLE SOLE SOLE
PEP BOYS MANNY MOE & JACK COMM 713278109 1,131,500.00 124,000 SOLE SOLE SOLE
PEPSI BOTTLING GROUP INC CALL 713409900 324,625.00 19,600 SOLE SOLE SOLE
(THE)
PEPSI BOTTLING GROUP INC PUT 713409950 892,718.75 53,900 SOLE SOLE SOLE
(THE)
PEPSI BOTTLING GROUP INC COMM 713409100 592,937.50 35,800 SOLE SOLE SOLE
(THE)
PEPSICO INC PUT 713448958 2,153,775.00 61,100 SOLE SOLE SOLE
PEPSICO INC COMM 713448108 1,061,025.00 30,100 SOLE SOLE SOLE
PERKINELMER INC CALL 714046909 1,600,800.00 38,400 SOLE SOLE SOLE
PEROT SYSTEMS CORP CALL 714265905 361,000.00 19,000 SOLE SOLE SOLE
PEROT SYSTEMS CORP PUT 714265955 970,900.00 51,100 SOLE SOLE SOLE
PEROT SYSTEMS CORP COMM 714265105 1,744,200.00 91,800 SOLE SOLE SOLE
PHARMACIA-UPJOHN INC PUT 716941959 1,012,500.00 22,500 SOLE SOLE SOLE
PFIZER INC PUT 717081953 1,842,450.00 56,800 SOLE SOLE SOLE
PFIZER INC COMM 717081103 1,482,393.75 45,700 SOLE SOLE SOLE
THE PHILIP MORRIS COMPANIES PUT 718154957 20,634,556.25 889,900 SOLE SOLE SOLE
THE PHILIP MORRIS COMPANIES COMM 718154107 22,125,512.50 954,200 SOLE SOLE SOLE
PHILLIPS PETE CO CALL 718507906 2,232,500.00 47,500 SOLE SOLE SOLE
PHILLIPS PETE CO PUT 718507956 1,348,900.00 28,700 SOLE SOLE SOLE
PHYCOR INC PUT 71940F950 52,675.00 30,100 SOLE SOLE SOLE
PHYCOR INC COMM 71940F100 127,746.50 72,998 SOLE SOLE SOLE
PIER 1 IMPORTS INC PUT 720279958 429,037.50 67,300 SOLE SOLE SOLE
PIER 1 IMPORTS INC COMM 720279108 589,451.63 92,463 SOLE SOLE SOLE
PILLOWTEX CORP PUT 721501954 99,000.00 16,000 SOLE SOLE SOLE
PINNACLE HOLDINGS INC CALL 72346N901 780,037.50 18,300 SOLE SOLE SOLE
PITNEY BOWES INC CALL 724479900 7,188,900.00 148,800 SOLE SOLE SOLE
PITNEY BOWES INC PUT 724479950 5,551,106.25 114,900 SOLE SOLE SOLE
PITNEY BOWES INC COMM 724479100 1,632,962.50 33,800 SOLE SOLE SOLE
PLUM CREEK TIMBER CO INC COMM 729251108 670,000.00 26,800 SOLE SOLE SOLE
POGO PRODUCING COMPANY COMM 730448107 487,900.00 23,800 SOLE SOLE SOLE
POLAROID CORP COMM 731095105 354,427.50 18,840 SOLE SOLE SOLE
POPULAR INC PUT 733174956 1,508,037.50 54,100 SOLE SOLE SOLE
POPULAR INC COMM 733174106 1,356,118.75 48,650 SOLE SOLE SOLE
PORTA SYSTS CRP NEW@ COMM 735647307 15,382.50 20,510 SOLE SOLE SOLE
PORTUGAL FUND INC COMM 737265108 1,210,893.75 92,700 SOLE SOLE SOLE
POTLATCH CORP CALL 737628907 3,373,650.00 75,600 SOLE SOLE SOLE
POTLATCH CORP PUT 737628957 223,125.00 5,000 SOLE SOLE SOLE
PRIME RETAIL INC COMM 741570105 306,562.50 54,500 SOLE SOLE SOLE
PRIME HOSPITALITY CORP PUT 741917958 105,750.00 12,000 SOLE SOLE SOLE
PRIORITY HEALTHCARE CORP CALL 74264T902 740,800.00 25,600 SOLE SOLE SOLE
THE PROCTER & GAMBLE COMPANY PUT 742718959 9,510,025.00 86,800 SOLE SOLE SOLE
THE PROCTER & GAMBLE COMPANY COMM 742718109 6,382,015.63 58,250 SOLE SOLE SOLE
PRODIGY COMMUN CORP CALL 74283P907 367,675.00 19,100 SOLE SOLE SOLE
PRODIGY COMMUN CORP PUT 74283P957 689,150.00 35,800 SOLE SOLE SOLE
PROGRAMMER'S PARADISE INC COMM 743205106 117,581.75 15,548 SOLE SOLE SOLE
PROVIDIAN FIN'L CORP PUT 74406A952 1,183,812.50 13,000 SOLE SOLE SOLE
PSINET INC COMM 74437C101 238,478.50 3,862 SOLE SOLE SOLE
PUBLICARD INC COMM 744627100 884,957.72 136,804 SOLE SOLE SOLE
PULTE CORP CALL 745867901 317,250.00 14,100 SOLE SOLE SOLE
PUMA TECHNOLOGY INC PUT 745887959 652,812.50 5,000 SOLE SOLE SOLE
PUTNAM HIGH YIELD MUNI TR SBI COMM 746781103 110,881.25 15,700 SOLE SOLE SOLE
PUTNAM INVESTMENT GRADE MUNI COMM 746807106 116,437.50 11,500 SOLE SOLE SOLE
PUTNAM MANAGED MUNI INCOME TR COMM 746823103 132,637.50 16,200 SOLE SOLE SOLE
PUTNAM TAX FREE HEALTHCARE FD COMM 746920107 232,512.50 20,900 SOLE SOLE SOLE
PUTNAM MUNICIPAL OPPORTY COMM 746922103 137,500.00 12,500 SOLE SOLE SOLE
TRUST
PYRAMID BREWERIES INC COMM 747135101 407,477.34 213,753 SOLE SOLE SOLE
QLOGIC CORP CALL 747277901 6,986,537.50 43,700 SOLE SOLE SOLE
QLOGIC CORP PUT 747277951 20,416,037.50 127,700 SOLE SOLE SOLE
QUICKSILVER RESOURCES INC COMM 74837R104 112,446.25 25,702 SOLE SOLE SOLE
QWEST COMMUNICATIONS INTL INC PUT 749121959 2,859,637.50 66,600 SOLE SOLE SOLE
RCM TECH INC NEW+ COMM 749360400 344,317.50 20,404 SOLE SOLE SOLE
RPM, INC. PUT 749685953 303,587.50 29,800 SOLE SOLE SOLE
RPM, INC. COMM 749685103 331,093.75 32,500 SOLE SOLE SOLE
RSA SECURITY INC COMM 749719100 260,267.44 3,361 SOLE SOLE SOLE
RTI INTERNATIONAL METALS INC PUT 74973W957 127,500.00 17,000 SOLE SOLE SOLE
RTI INTERNATIONAL METALS INC COMM 74973W107 114,000.00 15,200 SOLE SOLE SOLE
RAY JAMES FINL INC CALL 754730909 771,793.75 41,300 SOLE SOLE SOLE
RAY JAMES FINL INC PUT 754730959 1,233,375.00 66,000 SOLE SOLE SOLE
RAY JAMES FINL INC COMM 754730109 967,078.13 51,750 SOLE SOLE SOLE
RAYTHEON CO CL B CALL 755111908 531,250.00 20,000 SOLE SOLE SOLE
RAYTHEON CO CL B B SH 755111408 1,333,968.75 50,220 SOLE SOLE SOLE
REALNETWORKS INC COMM 75605L104 217,404.69 1,807 SOLE SOLE SOLE
RECOTON CORP PUT 756268958 158,400.00 17,600 SOLE SOLE SOLE
RECOTON CORP COMM 756268108 290,052.00 32,228 SOLE SOLE SOLE
REDHOOK ALE BREWERY INC COMM 757473103 389,900.85 175,726 SOLE SOLE SOLE
REEBOK INTL LTD COMM 758110100 706,581.25 86,300 SOLE SOLE SOLE
REFAC COMM 758653109 47,918.25 12,366 SOLE SOLE SOLE
RELIANCE GROUP HLDGS INC PUT 759464950 1,168,975.00 174,800 SOLE SOLE SOLE
RELIANCE GROUP HLDGS INC COMM 759464100 1,385,650.00 207,200 SOLE SOLE SOLE
RELIANT ENERGY INC PUT 75952J958 514,687.50 22,500 SOLE SOLE SOLE
RELIANT ENERGY INC COMM 75952J108 336,880.13 14,727 SOLE SOLE SOLE
REMINGTON OIL & GAS CORP . COMM 759594302 211,454.88 54,569 SOLE SOLE SOLE
COM
RELIABILITY INC COMM 759903107 49,657.50 17,656 SOLE SOLE SOLE
RESMED INC CALL 761152907 359,050.00 8,600 SOLE SOLE SOLE
REXALL SUNDOWN INC COMM 761648104 440,385.00 42,704 SOLE SOLE SOLE
RJR REYNOLDS TABACCO HOLDINGS CALL 76182K905 618,637.50 35,100 SOLE SOLE SOLE
RICHMOND CNTY FIN CORP CALL 764556906 196,200.00 10,900 SOLE SOLE SOLE
RIDDELL SPORTS INC COMM 765670104 179,884.38 52,330 SOLE SOLE SOLE
RITE AID CORP PUT 767754954 9,781,231.25 874,300 SOLE SOLE SOLE
RITE AID CORP COMM 767754104 6,159,837.50 550,600 SOLE SOLE SOLE
RIVERIA TOOL CO COMM 769648106 301,998.13 77,935 SOLE SOLE SOLE
ROUSE CO CALL 779273901 286,875.00 13,500 SOLE SOLE SOLE
ROWAN COS INC CALL 779382900 1,711,143.75 78,900 SOLE SOLE SOLE
ROWAN COS INC PUT 779382950 874,006.25 40,300 SOLE SOLE SOLE
RUSSELL CORPORATION CALL 782352908 239,525.00 14,300 SOLE SOLE SOLE
RYLAND GROUP INC CALL 783764903 341,325.00 14,800 SOLE SOLE SOLE
SCC COMMUNICATIONS COMM 78388X105 142,099.75 24,713 SOLE SOLE SOLE
SDL INC COMM 784076101 230,862.00 1,059 SOLE SOLE SOLE
SLI INC COMM 78442T108 259,043.75 19,100 SOLE SOLE SOLE
SI CORP PUT 78463B951 249,200.00 3,200 SOLE SOLE SOLE
SI CORP COMM 78463B101 4,605,371.75 59,138 SOLE SOLE SOLE
S3 INC PUT 784849951 856,750.00 74,500 SOLE SOLE SOLE
S3 INC COMM 784849101 885,408.00 76,992 SOLE SOLE SOLE
SAFECO CORP COM PUT 786429950 3,615,181.25 145,700 SOLE SOLE SOLE
SAFECO CORP COM COMM 786429100 3,447,126.19 138,927 SOLE SOLE SOLE
SAFEGUARD SCIENTIFIC INC CALL 786449908 696,868.75 4,300 SOLE SOLE SOLE
SAFEGUARD SCIENTIFIC INC PUT 786449958 9,723,750.00 60,000 SOLE SOLE SOLE
SAFEGUARD SCIENTIFIC INC COMM 786449108 1,199,262.50 7,400 SOLE SOLE SOLE
SAFESKIN CORP COMM 786454108 430,049.50 35,468 SOLE SOLE SOLE
SAKS INC CALL 79377R908 2,267,456.25 145,700 SOLE SOLE SOLE
SAKS INC PUT 79377R958 340,818.75 21,900 SOLE SOLE SOLE
SAKS INC COMM 79377W108 362,419.50 23,288 SOLE SOLE SOLE
SANCHEZ COMPUTER ASSOCS INC PUT 799702955 2,384,250.00 57,800 SOLE SOLE SOLE
SANCHEZ COMPUTER ASSOCS INC COMM 799702105 704,261.25 17,073 SOLE SOLE SOLE
SANMINA CORP PUT 800907957 1,599,937.50 16,100 SOLE SOLE SOLE
SANMINA CORP COMM 800907107 2,836,261.88 28,541 SOLE SOLE SOLE
SCHEIN HENRY INC COMM 806407102 279,364.00 21,184 SOLE SOLE SOLE
SCHERING PLOUGH CORP PUT 806605951 13,415,625.00 318,000 SOLE SOLE SOLE
SCHERING PLOUGH CORP COMM 806605101 11,867,343.75 281,300 SOLE SOLE SOLE
SCHLUMBERGER LTD CALL 806857908 1,687,500.00 30,000 SOLE SOLE SOLE
SCOTTISH PWR PLC ADS COMM 81013T705 532,000.00 19,000 SOLE SOLE SOLE
SEAGATE TECHNOLOGY PUT 811804953 3,534,093.75 75,900 SOLE SOLE SOLE
SEAGATE TECHNOLOGY COMM 811804103 5,540,378.75 118,988 SOLE SOLE SOLE
SEALED AIR CORP NEW COMM 81211K100 485,068.63 9,362 SOLE SOLE SOLE
SEALED AIR CORP CV PFD A COMM 81211K209 292,900.00 5,800 SOLE SOLE SOLE
TECHNOLOGY SECTOR SPDR COMM 81369Y803 10,775,000.00 200,000 SOLE SOLE SOLE
SECURITY CAP CORP CL A NEW COMM 814131405 74,040.00 12,340 SOLE SOLE SOLE
SI CORP CALL 814279901 2,928,100.00 37,600 SOLE SOLE SOLE
SI CORP PUT 814279951 4,057,287.50 52,100 SOLE SOLE SOLE
SELECT COMFORT CORP COMM 81616X103 99,718.13 24,546 SOLE SOLE SOLE
SELECTIVE INS GROUP INC COMM 816300107 592,679.13 34,609 SOLE SOLE SOLE
SELIGMAN QUALITY MUNICIPAL COMM 816343107 175,000.00 16,000 SOLE SOLE SOLE
SELIGMANN SELECT MUNICIPAL FD COMM 816344105 126,018.75 14,100 SOLE SOLE SOLE
SENETEK PLC ADR AMER 817209307 60,244.49 42,839 SOLE SOLE SOLE
SERVICE CORP INTL COMM 817565104 839,437.50 121,000 SOLE SOLE SOLE
SERVICEMASTER CO CALL 81760N909 872,956.25 70,900 SOLE SOLE SOLE
SERVICEMASTER CO PUT 81760N959 417,393.75 33,900 SOLE SOLE SOLE
SERVICEMASTER CO COMM 81760N109 477,109.38 38,750 SOLE SOLE SOLE
7-ELEVEN CORP COMM 817826100 90,436.60 50,770 SOLE SOLE SOLE
SEVEN SEAS PETROLEUM INC (F) PUT 817917957 123,200.00 70,400 SOLE SOLE SOLE
SEVEN SEAS PETROLEUM INC (F) COMM 817917107 151,375.00 86,500 SOLE SOLE SOLE
SHARPER IMAGE CORP PUT 820013950 324,462.50 25,700 SOLE SOLE SOLE
SHARPER IMAGE CORP COMM 820013100 209,120.50 16,564 SOLE SOLE SOLE
SHOP AT HOME INC (NEW) PUT 825066951 939,112.50 95,100 SOLE SOLE SOLE
SHOP AT HOME INC (NEW) COMM 825066301 799,351.63 80,947 SOLE SOLE SOLE
SHOREWOOD PACKAGING CORP COMM 825229107 221,568.75 11,700 SOLE SOLE SOLE
SHUFFLE MASTER INC CALL 825549908 129,200.00 15,200 SOLE SOLE SOLE
SIGA PHARMACEUTICALS INC COMM 826917106 96,318.77 62,900 SOLE SOLE SOLE
SILICON GRAPHICS PUT 827056952 255,125.00 26,000 SOLE SOLE SOLE
SILICON GRAPHICS COMM 827056102 210,301.50 21,432 SOLE SOLE SOLE
SILICON STORAGE TECH INC. PUT 827057950 205,937.50 5,000 SOLE SOLE SOLE
SILICON VALLEY GROUP INC PUT 827066951 1,128,900.00 63,600 SOLE SOLE SOLE
SILICON VALLEY GROUP INC COMM 827066101 851,946.75 47,997 SOLE SOLE SOLE
SIMON PROPERTY GROUP INC COMM 828806109 596,375.00 26,000 SOLE SOLE SOLE
SKYMALL INC COMM 830859104 185,351.25 25,788 SOLE SOLE SOLE
SMITH INTL INC PUT 832110950 1,391,250.00 28,000 SOLE SOLE SOLE
SMITH INTL INC COMM 832110100 377,625.00 7,600 SOLE SOLE SOLE
SMITHKLINE BEECHAM P.L.C. ADR AMER 832378301 399,512.50 6,200 SOLE SOLE SOLE
SNYDER COMMUNICATIONS INC SNC COMM 832914105 385,000.00 20,000 SOLE SOLE SOLE
SOFTNET SYSTEMS INC PUT 833964959 1,285,287.50 51,800 SOLE SOLE SOLE
SOFTNET SYSTEMS INC COMM 833964109 2,390,585.13 96,346 SOLE SOLE SOLE
SOFTWORKS INC COMM 83404P102 338,182.94 35,022 SOLE SOLE SOLE
SONIC CORP CALL 835451905 1,031,375.00 37,000 SOLE SOLE SOLE
SONIC CORP PUT 835451955 468,300.00 16,800 SOLE SOLE SOLE
SONY CORP PUT 835699957 40,235,175.00 141,300 SOLE SOLE SOLE
SONY CORP COMM 835699307 20,188,775.00 70,900 SOLE SOLE SOLE
SOTHEBYS HOLDINGS INC CALL 835898907 606,000.00 20,200 SOLE SOLE SOLE
SOTHEBYS HOLDINGS INC PUT 835898957 810,000.00 27,000 SOLE SOLE SOLE
SOUTHWEST BANCORP OF TEXAS CALL 84476R909 255,581.25 12,900 SOLE SOLE SOLE
INC
SOUTHWEST BANCORP OF TEXAS PUT 84476R959 206,050.00 10,400 SOLE SOLE SOLE
INC
SPACELABS MEDICAL INC CALL 846247904 215,325.00 11,600 SOLE SOLE SOLE
SPACELABS MEDICAL INC PUT 846247954 295,143.75 15,900 SOLE SOLE SOLE
SPECTRIAN CORP CALL 847608906 1,012,500.00 36,000 SOLE SOLE SOLE
SPECTRIAN CORP PUT 847608956 1,738,125.00 61,800 SOLE SOLE SOLE
SPEEDUS.COM.TO COMM 847723103 47,813.00 10,000 SOLE SOLE SOLE
SPIEGEL INC PUT 848457957 81,200.00 11,600 SOLE SOLE SOLE
SPIEGEL INC COMM 848457107 194,159.00 27,737 SOLE SOLE SOLE
SPLASH TECHNOLOGY HOLDINGS CALL 848623904 453,843.75 51,500 SOLE SOLE SOLE
INC
SPRINT CORP CALL 852061900 4,530,131.25 67,300 SOLE SOLE SOLE
SPRINT CORP (PCS GROUP) CALL 852061906 4,950,750.00 48,300 SOLE SOLE SOLE
SPRINT CORP PUT 852061950 14,108,700.00 209,600 SOLE SOLE SOLE
SPRINT CORP COMM 852061100 2,172,039.75 32,268 SOLE SOLE SOLE
STANDARD PACIFIC CORP PUT 85375C951 1,404,700.00 127,700 SOLE SOLE SOLE
STANDARD PACIFIC CORP COMM 85375C101 1,007,600.00 91,600 SOLE SOLE SOLE
STEIN MART INC COMM 858375108 265,685.88 46,714 SOLE SOLE SOLE
STERICYCLE INC CALL 858912908 429,375.00 22,900 SOLE SOLE SOLE
STERIS CORP PUT 859152950 1,223,062.50 118,600 SOLE SOLE SOLE
STERIS CORP COMM 859152100 1,895,437.50 183,800 SOLE SOLE SOLE
STERLING SOFTWARE COMM 859547101 280,350.00 8,900 SOLE SOLE SOLE
STOLT COMEX SEAWAY ADR AMER 861567105 286,275.00 26,025 SOLE SOLE SOLE
STONE ENERGY CORP COMM 861642106 285,000.00 8,000 SOLE SOLE SOLE
STORAGE USA INC COMM 861907103 317,625.00 10,500 SOLE SOLE SOLE
STRATEGIA CORP. COMM 86268Q108 22,883.00 22,883 SOLE SOLE SOLE
STRATEGIC DIAGNOSTICS INC COMM 862700101 404,573.00 62,242 SOLE SOLE SOLE
STRIDE RITE CORP COMM 863314100 315,250.00 48,500 SOLE SOLE SOLE
SUIZA FOODS CORP CALL 865077901 1,751,425.00 44,200 SOLE SOLE SOLE
SUMMIT TECHNOLOGY INC PUT 86627E951 1,152,300.00 100,200 SOLE SOLE SOLE
SUMMIT TECHNOLOGY INC COMM 86627E101 1,518,586.50 132,051 SOLE SOLE SOLE
SUN MICROSYSTEMS INC PUT 866810954 4,379,425.00 56,600 SOLE SOLE SOLE
SUN MICROSYSTEMS INC COMM 866810104 6,605,968.00 85,376 SOLE SOLE SOLE
SUNRISE TECHNOLOGIES INT'L CALL 86769L903 289,850.00 24,800 SOLE SOLE SOLE
INC
SUNTRUST BANKS INC CALL 867914903 1,493,231.25 21,700 SOLE SOLE SOLE
SUNTRUST BANKS INC COMM 867914103 275,250.00 4,000 SOLE SOLE SOLE
SWISS HELVETIA FUND COMM 870875101 868,806.25 62,900 SOLE SOLE SOLE
SYBRON CHEMICAL INC COMM 870903101 129,344.00 11,008 SOLE SOLE SOLE
SYBRON INTL CORP CALL 87114F906 357,968.75 14,500 SOLE SOLE SOLE
SYNAGRO TECHNOLOGIES INC COMM 871562203 304,270.75 64,057 SOLE SOLE SOLE
SYSTEM & COMPUTER TECHNGY PUT 871873955 417,375.00 26,500 SOLE SOLE SOLE
CORP
SYSTEM & COMPUTER TECHNGY COMM 871873105 622,266.75 39,509 SOLE SOLE SOLE
CORP
T C B Y ENTERPRISES INC COMM 872245105 923,387.50 242,200 SOLE SOLE SOLE
TCF FINANCIAL CORP CALL 872275902 502,475.00 20,200 SOLE SOLE SOLE
TCSI CORP COMM 87233R106 318,061.50 99,784 SOLE SOLE SOLE
TECO ENERGY INC CALL 872375900 814,893.75 43,900 SOLE SOLE SOLE
TECO ENERGY INC PUT 872375950 287,718.75 15,500 SOLE SOLE SOLE
TARGETED GENETICS CORP COMM 87612M108 118,168.31 30,011 SOLE SOLE SOLE
TELESPECTRIUM WORLDWIDE INC COMM 87951U109 246,659.00 35,237 SOLE SOLE SOLE
TELLABS INC PUT 879664950 2,199,487.50 34,300 SOLE SOLE SOLE
TELLABS INC COMM 879664100 1,613,000.25 25,154 SOLE SOLE SOLE
TEMPLE INLAND INC CALL 879868907 837,406.25 12,700 SOLE SOLE SOLE
TEMPLE INLAND INC PUT 879868957 257,156.25 3,900 SOLE SOLE SOLE
TEMPLETON DRAGON FUND INC COMM 88018T101 642,718.75 65,500 SOLE SOLE SOLE
TERA COMPUTER CO COMM 88076P108 328,632.38 74,058 SOLE SOLE SOLE
TERRA NETWORKS COMM 88100W103 357,210.00 6,615 SOLE SOLE SOLE
THEGLOBE COM INC PUT 88335R951 385,483.56 46,200 SOLE SOLE SOLE
THEGLOBE COM INC COMM 88335R101 270,080.46 32,369 SOLE SOLE SOLE
THERMO CARDIOSYSTEMS INC CALL 88355K900 103,031.25 15,700 SOLE SOLE SOLE
THERMO CARDIOSYSTEMS INC PUT 88355K950 235,593.75 35,900 SOLE SOLE SOLE
THERMO CARDIOSYSTEMS INC COMM 88355K200 262,500.00 40,000 SOLE SOLE SOLE
THERMO FIBERGEN INC COMM 88355U109 2,015,812.50 165,400 SOLE SOLE SOLE
THERMO FIBERGEN INC RTS RIGH 88355U117 234,500.00 268,000 SOLE SOLE SOLE
THERMO ELECTRON CORP PUT 883556952 364,500.00 24,300 SOLE SOLE SOLE
THERMO ELECTRON CORP COMM 883556102 1,350,480.00 90,032 SOLE SOLE SOLE
THERMOLASE CORPORATION COMM 883624108 593,600.00 296,800 SOLE SOLE SOLE
THE 3DO COMPANY PUT 88553W955 445,596.20 49,000 SOLE SOLE SOLE
THE 3DO COMPANY COMM 88553W105 916,200.35 100,750 SOLE SOLE SOLE
3DFX INTERACTIVE INC PUT 88553X953 98,125.00 10,000 SOLE SOLE SOLE
3 COM CORP CALL 885535904 652,431.25 13,900 SOLE SOLE SOLE
TIFFANY & CO NEW CALL 886547908 1,526,175.00 17,100 SOLE SOLE SOLE
TIFFANY & CO NEW PUT 886547958 4,096,575.00 45,900 SOLE SOLE SOLE
TIME WARNER INC. CALL 887315909 9,626,943.75 132,900 SOLE SOLE SOLE
TITAN EXPLORATION INC COMM 888289105 1,645,304.38 321,035 SOLE SOLE SOLE
TITANIUM METALS CORP COMM 888339108 307,350.00 68,300 SOLE SOLE SOLE
TODAYS MAN INC WTS WARR 888910114 6,195.88 99,134 SOLE SOLE SOLE
TODAY'S MAN INC NEW COMM 888910205 7,403.63 13,162 SOLE SOLE SOLE
TOLL BROS INC PUT 889478953 804,600.00 43,200 SOLE SOLE SOLE
TOLL BROS INC COMM 889478103 409,750.00 22,000 SOLE SOLE SOLE
THE TOPPS CO INC PUT 890786956 300,093.75 29,100 SOLE SOLE SOLE
THE TOPPS CO INC COMM 890786106 892,485.00 86,544 SOLE SOLE SOLE
TORO CO CALL 891092908 787,293.75 21,100 SOLE SOLE SOLE
TOTAL CONTAINMENT INC COMM 89149T101 38,396.10 18,338 SOLE SOLE SOLE
TOSCO CORP NEW CALL 891490902 633,468.75 23,300 SOLE SOLE SOLE
TOTAL RENAL CARE HOLDINGS INC COMM 89151A107 507,581.25 75,900 SOLE SOLE SOLE
TRANSKARYOTIC THERAPIES INC COMM 893735100 549,233.44 14,289 SOLE SOLE SOLE
TRANSPORTACION MARITIMA ADR AMER 893868307 330,225.00 77,700 SOLE SOLE SOLE
TRANSCEND SERVICES INC COMM 893929109 7,312.50 11,700 SOLE SOLE SOLE
TRANSWORLD HEALTHCARE INC COMM 894081108 79,233.75 42,258 SOLE SOLE SOLE
CITIGROUP INC CALL 894190901 1,532,135.94 27,575 SOLE SOLE SOLE
TREX MEDICAL CORP COMM 89531R101 187,312.50 66,600 SOLE SOLE SOLE
TRICO MARINE SERVICES INC PUT 896106951 212,800.00 30,400 SOLE SOLE SOLE
TRICO MARINE SERVICES INC COMM 896106101 522,410.00 74,630 SOLE SOLE SOLE
TRINITY BIOTECH PLC SPONS ADR AMER 896438108 22,082.63 13,086 SOLE SOLE SOLE
TRIO TECH INTERNATIONAL (NEW) COMM 896712205 119,843.75 32,500 SOLE SOLE SOLE
TRITON PLC HLDGS INC COMM 89677M106 260,674.94 5,737 SOLE SOLE SOLE
TULTEX CORP COMM 899900104 3,424.12 85,603 SOLE SOLE SOLE
TYCO INT'L LTD NEW < PUT 902124956 80,595,650.00 2,073,200 SOLE SOLE SOLE
TYCO INT'L LTD NEW < COMM 902124106 61,771,364.25 1,588,974 SOLE SOLE SOLE
UAL CORPORATION NEW CALL 902549900 3,854,856.25 49,700 SOLE SOLE SOLE
UICI COMM 902737105 248,165.94 23,495 SOLE SOLE SOLE
U.S.X MARATHON GROUP COMM 902905827 2,493,437.50 101,000 SOLE SOLE SOLE
USA DETERGENTS INC COMM 902938109 71,327.72 26,235 SOLE SOLE SOLE
USG CORPORATION (NEW) CALL 903293905 541,937.50 11,500 SOLE SOLE SOLE
USG CORPORATION (NEW) COMM 903293405 777,562.50 16,500 SOLE SOLE SOLE
USEC INC COMM 90333E108 326,900.00 46,700 SOLE SOLE SOLE
USX-U.S. STEEL GROUP CALL 90337T901 4,319,700.00 130,900 SOLE SOLE SOLE
USX-U.S. STEEL GROUP PUT 90337T951 933,900.00 28,300 SOLE SOLE SOLE
US ONCOLOGY INC COMM 90338W103 49,549.50 10,164 SOLE SOLE SOLE
UTI ENERGY CORP CALL 903387908 461,250.00 20,000 SOLE SOLE SOLE
US SEARCH.COM INC COMM 903404101 82,350.00 10,980 SOLE SOLE SOLE
UGLY DUCKLING CORP PUT 903512951 110,687.50 16,100 SOLE SOLE SOLE
UGLY DUCKLING CORP COMM 903512101 187,006.88 27,201 SOLE SOLE SOLE
UNION COMMUNITY BANCORP COMM 906054101 171,000.00 17,100 SOLE SOLE SOLE
UNISYS CORP PUT 909214958 7,122,062.50 223,000 SOLE SOLE SOLE
UNISYS CORP COMM 909214108 18,237,110.94 571,025 SOLE SOLE SOLE
UNITED AUTO GROUP INC PUT 909440959 284,212.50 31,800 SOLE SOLE SOLE
UNITED AUTO GROUP INC COMM 909440109 403,081.25 45,100 SOLE SOLE SOLE
UNITED FINANCIAL CORP COMM 909919102 340,139.63 18,511 SOLE SOLE SOLE
UNITED HEALTHCARE CORP COMM 910581107 903,125.00 17,000 SOLE SOLE SOLE
UNITED RENTALS INC CALL 911363909 248,312.50 14,500 SOLE SOLE SOLE
UNITED RENTALS INC PUT 911363959 729,525.00 42,600 SOLE SOLE SOLE
UNITED RENTALS INC COMM 911363109 263,725.00 15,400 SOLE SOLE SOLE
UNITED STATES CELLULAR CORP PUT 911684958 2,109,593.75 20,900 SOLE SOLE SOLE
UNITED STATES CELLULAR CORP COMM 911684108 1,332,375.00 13,200 SOLE SOLE SOLE
USWEB CORP CALL 917327908 5,479,143.75 123,300 SOLE SOLE SOLE
USWEB CORP PUT 917327958 12,749,118.75 286,900 SOLE SOLE SOLE
VDC COMMUNICATIONS INC COMM 91821B101 104,756.25 45,300 SOLE SOLE SOLE
VALUE AMERICA INC COMM 92038N102 86,725.00 17,345 SOLE SOLE SOLE
VALUEVISION INTERNATIONL CL-A COMM 92047K107 760,135.69 13,263 SOLE SOLE SOLE
VAN KAMPEN MUNICIPAL INC TR COMM 920909108 125,812.50 16,500 SOLE SOLE SOLE
VAN KAMPEN INVT GRADE MUNI TR COMM 920915105 85,312.50 10,500 SOLE SOLE SOLE
VAN KAMPEN MUNI TRUST COMM 920919107 248,625.00 19,500 SOLE SOLE SOLE
VAN KAMPEN CALIF QLTY MUNI TR COMM 920920105 255,312.50 19,000 SOLE SOLE SOLE
VAN KAMPEN FLA QLTY MUNI TR COMM 920921103 189,875.00 14,000 SOLE SOLE SOLE
VAN KAMPEN NY QLTY MUNI TR COMM 920922101 154,137.50 11,800 SOLE SOLE SOLE
VAN KAMPEN OHIO QLTY MUNI TR COMM 920923109 147,500.00 10,000 SOLE SOLE SOLE
VAN KAMPEN COMM 920929106 182,000.00 14,000 SOLE SOLE SOLE
VAN KAMPEN COMM 920930104 175,275.00 12,300 SOLE SOLE SOLE
VAN KAMPEN COMM 920932100 173,437.50 12,500 SOLE SOLE SOLE
VAN KAMPEN COMM 920934106 189,000.00 14,000 SOLE SOLE SOLE
VAN KAMPEN COMM 920935103 131,250.00 10,000 SOLE SOLE SOLE
VAN KAMPEN ADVANTAGE PA MUNI COMM 920937109 151,237.50 11,100 SOLE SOLE SOLE
VAN KAMPEN STRATEGIC SECTOR COMM 920943107 135,575.00 11,600 SOLE SOLE SOLE
VAN KAMPEN COMM 920944105 170,637.50 14,600 SOLE SOLE SOLE
VAN KAMPEN MERR MUNI INCM TR COMM 92112K107 130,500.00 12,000 SOLE SOLE SOLE
VAN KAMPEN ADVANT MUNI INCOME COMM 921124103 404,175.00 31,700 SOLE SOLE SOLE
VAN KAMPEN VALUE MUNI INCOME COMM 921132106 208,800.00 17,400 SOLE SOLE SOLE
VARCO INTL. INC.. CALL 922126907 547,068.75 53,700 SOLE SOLE SOLE
VARCO INTL. INC.. PUT 922126957 645,887.50 63,400 SOLE SOLE SOLE
VARCO INTL. INC.. COMM 922126107 385,087.50 37,800 SOLE SOLE SOLE
VERITY INC PUT 92343C956 6,175,250.00 145,300 SOLE SOLE SOLE
VERITY INC COMM 92343C106 4,212,940.00 99,128 SOLE SOLE SOLE
VERISIGN INC CALL 92343E902 1,395,212.50 7,300 SOLE SOLE SOLE
VERISIGN INC PUT 92343E952 24,119,975.00 126,200 SOLE SOLE SOLE
VERIO INC CALL 923433906 1,755,125.00 38,000 SOLE SOLE SOLE
VICON INDUSTRIES INC COMM 925811101 189,000.00 31,500 SOLE SOLE SOLE
VIGNETTE CORP PUT 926734954 10,916,812.50 67,000 SOLE SOLE SOLE
VIGNETTE CORP COMM 926734104 5,465,901.38 33,546 SOLE SOLE SOLE
VISTA EYECARE INC COMM 928352103 16,424.00 16,424 SOLE SOLE SOLE
VISX INC (DELAWARE) PUT 92844S955 10,484,550.00 202,600 SOLE SOLE SOLE
VISX INC (DELAWARE) COMM 92844S105 14,317,103.25 276,659 SOLE SOLE SOLE
VODAFONE AIRTOUCH PUBLIC LTD AMER 92857T107 3,781,800.00 76,400 SOLE SOLE SOLE
VOLVO A B ADR B COMM 928856400 209,373.00 8,292 SOLE SOLE SOLE
VOXWARE INC COMM 92906L105 42,267.83 40,985 SOLE SOLE SOLE
HONG KONG INDEX SERIES COMM 92923H707 242,349.75 17,007 SOLE SOLE SOLE
SPAIN WEBS INDEX SER COMM 92923H830 350,158.75 12,395 SOLE SOLE SOLE
SINGAPORE (FREE) WEB INDEX COMM 92923H848 4,135,918.50 450,168 SOLE SOLE SOLE
SER
NETHERLANDS WEBS INDEX SERIES COMM 92923H855 376,213.19 15,011 SOLE SOLE SOLE
WAL-MART STORES INC COMM 931142103 518,437.50 7,500 SOLE SOLE SOLE
WALL STREET DELI INC COMM 931904106 30,870.25 25,996 SOLE SOLE SOLE
WALL DATA INC PUT 932045957 90,000.00 10,000 SOLE SOLE SOLE
WALL DATA INC COMM 932045107 97,200.00 10,800 SOLE SOLE SOLE
WARNACO GROUP INC CL A CALL 934390905 158,831.25 12,900 SOLE SOLE SOLE
WARNACO GROUP INC CL A PUT 934390955 504,812.50 41,000 SOLE SOLE SOLE
WARNACO GROUP INC CL A COMM 934390105 145,287.50 11,800 SOLE SOLE SOLE
WASTE MANAGEMENT SVC NEW PUT 94106L959 9,439,375.00 549,200 SOLE SOLE SOLE
WASTE MANAGEMENT SVC NEW COMM 94106L109 13,571,026.56 789,587 SOLE SOLE SOLE
WEBB DEL E CORP PUT 947423959 256,856.25 10,300 SOLE SOLE SOLE
WEGENER CORP COMM 948585104 98,894.06 42,765 SOLE SOLE SOLE
WELLS GARDNER ELECTRONICS COM COMM 949765101 368,978.13 118,073 SOLE SOLE SOLE
WELLSFORD REAL PROP INC COMM 950240101 113,050.00 13,300 SOLE SOLE SOLE
WESTERN DIGITAL CORP COMM 958102105 215,656.25 51,500 SOLE SOLE SOLE
WESTERN GAS RESOURCES INC COMM 958259103 669,925.00 50,800 SOLE SOLE SOLE
WESTERN GAS RESOURCES INC PFD CONV 958259301 3,004,025.00 112,300 SOLE SOLE SOLE
WESTERN RES INC CALL 959425909 946,900.00 55,700 SOLE SOLE SOLE
WESTERN RES INC COMM 959425109 387,600.00 22,800 SOLE SOLE SOLE
WHITE ELEC DESIGNS CORP PFD PREF 963801204 1,512,900.00 24,600 SOLE SOLE SOLE
WILLAMETTE INDUSTREIES INC CALL 969133907 552,606.25 11,900 SOLE SOLE SOLE
WILLIAMS COS COMM 969457100 412,593.75 13,500 SOLE SOLE SOLE
WILLIAMS CLAYTON ENERGY INC COMM 969490101 171,139.50 14,488 SOLE SOLE SOLE
WILLIAMS SONOMA INC PUT 969904951 1,297,200.00 28,200 SOLE SOLE SOLE
WILLIAMS SONOMA INC COMM 969904101 2,359,800.00 51,300 SOLE SOLE SOLE
WINSTAR COMMUNICATIONS INC CALL 975515907 450,750.00 6,000 SOLE SOLE SOLE
WORKFLOW MANAGEMENT INC PUT 98137N959 2,483,175.00 87,900 SOLE SOLE SOLE
WORKFLOW MANAGEMENT INC COMM 98137N109 1,294,923.50 45,838 SOLE SOLE SOLE
WORLDWIDE ENTMT & SPORTS CORP COMM 98157N104 20,323.92 10,323 SOLE SOLE SOLE
XEROX CORP COMM 984121103 1,208,971.50 53,288 SOLE SOLE SOLE
YAHOO INC CALL 984332906 1,211,525.00 2,800 SOLE SOLE SOLE
YESMAIL.COM INC COMM 98583Q101 1,454,005.13 43,002 SOLE SOLE SOLE
ZEBRA TECHNOLOGIES CORP CL-A COMM 989207105 201,506.63 3,478 SOLE SOLE SOLE
ZITEL CORP COMM 989913108 47,587.31 19,523 SOLE SOLE SOLE
ZOMAX INC CALL 989929904 587,437.50 13,000 SOLE SOLE SOLE
ZOMAX INC PUT 989929954 361,500.00 8,000 SOLE SOLE SOLE
I VILLAGE INC PUT 999040955 209,950.00 10,400 SOLE SOLE SOLE
TOTAL 2,461,952,609.58
</TABLE>
