13F-HR 1 pub0900.txt FOR QUARTER ENDING 9/30/00F October 2000 United States SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for Calendar Year or Quarter Ended: 9/00 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: [ 1264 ] Form 13F Information Table Value Total: $_ 3,533,700 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 ISSUER CLAS CUSIP TOTAL MV SHARES 6 7 8 4FRONT TECHNOLOGIES INC COMM 351042106 962,646 52,929 sole sole sole ABGENIX INC COMM 00339B107 421,838 5,224 sole sole sole ACLARA BIOSCIENCES INC. PUT 00461P956 400,950 13,200 sole sole sole ACLARA BIOSCIENCES INC. COMM 00461P106 278,782 9,178 sole sole sole ACRODYNE COMMUNICATIONS COMM 00500E104 31,208 52,013 sole sole sole INC ACT MANUFACTURING CORP 000973AA5 1,378,750 1,000 sole sole sole ADAMS GOLF INC COMM 006228100 16,753 12,467 sole sole sole ADAPTIVE BROADBAND CORP COMM 00650M104 641,063 32,875 sole sole sole ADC TELECOMMUNICATIONS INC CALL 000886901 3,034,188 112,900 sole sole sole ADC TELECOMMUNICATIONS INC PUT 000886951 653,063 24,300 sole sole sole ADC TELECOMMUNICATIONS INC COMM 000886101 626,779 23,322 sole sole sole ADEPT TECHNOLOGY INC COMM 006854103 373,170 7,108 sole sole sole ADOBE SYSTEMS INC (DE) COMM 00724F101 1,226,786 7,902 sole sole sole ADTRAN INC CALL 00738A906 752,250 17,700 sole sole sole ADTRAN INC PUT 00738A956 599,250 14,100 sole sole sole ADTRAN INC COMM 00738A106 329,248 7,747 sole sole sole ADVANCE FINANCIAL BANCORP COMM 007437106 281,650 26,200 sole sole sole ADVANCED ENERGY IND CORP 007973AA8 926,250 1,000 sole sole sole ADVANCED FIBRE PUT 00754A955 2,860,488 75,400 sole sole sole COMMUNICATIONS ADVANCED FIBRE COMM 00754A105 2,494,239 65,746 sole sole sole COMMUNICATIONS ADVANCED MICRO DEVICES INC PUT 007903957 1,653,750 70,000 sole sole sole ADVANCED NUTRACEUTICALS WARR 00760Q110 644 10,300 sole sole sole INC ADVANTAGE MKTG SYS WTS WARR 00756G167 5,000 10,000 sole sole sole ADVANTICA RESTAURANT GRP COMM 00758B117 625 10,000 sole sole sole WTS ADVEST GROUP INC COMM 007566102 1,093,219 34,500 sole sole sole AES CORP. (THE) CALL 00130H905 4,199,050 61,300 sole sole sole AETHER SYSTEMS CALL 00808V905 2,352,650 22,300 sole sole sole AETNA INC. PUT 008117953 516,756 8,900 sole sole sole AETNA INC. COMM 008117103 12,099,47 208,387 sole sole sole 0 AFFILIATED COMPUTER 00000 CORP 008190AD2 1,291,250 1,000 sole sole sole 05 AFLAC INC PUT 001055952 1,005,781 15,700 sole sole sole AFLAC INC COMM 001055102 2,870,000 44,800 sole sole sole AIRBORNE FREIGHT CORP PUT 009266957 743,688 73,000 sole sole sole AIRBORNE FREIGHT CORP COMM 009266107 783,419 76,900 sole sole sole AKAMAI TECHNOLOGIES PUT 00971T951 2,262,750 43,100 sole sole sole AKAMAI TECHNOLOGIES COMM 00971T101 1,038,503 19,781 sole sole sole ALBERTSONS INC CALL 013104904 1,272,600 60,600 sole sole sole ALBERTSONS INC PUT 013104954 2,461,200 117,200 sole sole sole ALBERTSONS INC COMM 013104104 1,491,000 71,000 sole sole sole ALCATEL AMER 013904305 3,208,951 51,037 sole sole sole ALCOA INC CALL 013817901 4,444,875 175,600 sole sole sole ALCOA INC PUT 013817951 1,144,125 45,200 sole sole sole ALCOA INC COMM 013817101 673,313 26,600 sole sole sole ALLIED WASTE INDS INC PUT 019589958 428,138 46,600 sole sole sole (NEW) ALLIED WASTE INDS INC COMM 019589308 325,238 35,400 sole sole sole (NEW) ALLMERICA FINC'L CORP. CALL 019754900 415,594 6,500 sole sole sole ALLSTATE CORPORATION (THE) CALL 020002901 1,407,375 40,500 sole sole sole ALLSTATE CORPORATION (THE) PUT 020002951 3,082,325 88,700 sole sole sole ALPHARMA INC 05750 CORP 020813AB7 4,350,000 2,000 sole sole sole 05 ALTAIR INTL INC COMM 02136W102 172,913 52,200 sole sole sole ALTEON WEB SYSTEMS INC COMM 02145A109 9,217,944 85,056 sole sole sole ALTERA CORP PUT 021441950 4,416,875 92,500 sole sole sole ALTERA CORP COMM 021441100 8,066,073 168,923 sole sole sole ALTERRA HEALTHCARE CORP PUT 02146C954 63,750 30,000 sole sole sole ALZA CORP CLASS A CALL 022615908 5,856,050 67,700 sole sole sole AMAZON COM INC CALL 023135906 2,717,531 70,700 sole sole sole AMDOCS LTD PUT G02602953 4,784,163 76,700 sole sole sole AMDOCS LTD COMM G02602103 5,582,563 89,500 sole sole sole AMER MUNICIPAL INCME COMM 027649102 158,838 13,100 sole sole sole PORTFOLIO AMERADA HESS CORP CALL 023551904 5,341,613 79,800 sole sole sole AMERADA HESS CORP PUT 023551954 4,377,713 65,400 sole sole sole AMERICA ONLINE INC ZERO 02364JAC8 1,027,500 2,000 sole sole sole AMERICA ONLINE INC (DEL) CALL 02364J904 5,643,750 105,000 sole sole sole AMERICA ONLINE INC (DEL) PUT 02364J954 671,875 12,500 sole sole sole AMERICA WEST HOLDINGS CALL 023657908 1,817,156 149,100 sole sole sole AMERICA WEST HOLDINGS PUT 023657958 515,531 42,300 sole sole sole AMERICA WEST HOLDINGS B SH 023657208 410,719 33,700 sole sole sole AMERICAN EAGLE OUTFITTERS CALL 02553E906 1,745,100 55,400 sole sole sole INC AMERICAN EAGLE OUTFITTERS PUT 02553E956 4,788,000 152,000 sole sole sole INC AMERICAN EDL PRODS INC WTS WARR 02553T111 633 20,239 sole sole sole AMERICAN EXPRESS CO CALL 025816909 1,986,525 32,700 sole sole sole AMERICAN EXPRESS CO PUT 025816959 783,675 12,900 sole sole sole AMERICAN HOME PRODS CORP CALL 026609907 735,313 13,000 sole sole sole AMERICAN HOME PRODS CORP PUT 026609957 5,430,000 96,000 sole sole sole AMERICAN HOME PRODS CORP COMM 026609107 5,956,031 105,300 sole sole sole AMERICAN INTL GROUP INC PUT 026874957 3,827,500 40,000 sole sole sole AMERICAN INTL GROUP INC COMM 026874107 430,594 4,500 sole sole sole AMERICAN INTL PETE CORP COMM 026909408 23,213 46,425 sole sole sole (NEW) AMERICAN ITALIAN PASTA CO CALL 027070901 548,763 28,600 sole sole sole AMERICAN ITALIAN PASTA CO PUT 027070951 199,550 10,400 sole sole sole AMERICAN SUPERCONDUCTOR CALL 030111908 1,930,600 39,200 sole sole sole CRP AMERICAN SUPERCONDUCTOR PUT 030111958 753,525 15,300 sole sole sole CRP AMERIPATH INC PUT 03071D959 352,350 24,300 sole sole sole AMERIPATH INC COMM 03071D109 460,680 31,771 sole sole sole AMERISOURCE HEALTH CORP CALL 03071P902 418,300 8,900 sole sole sole AMERISOURCE HEALTH CORP PUT 03071P952 272,600 5,800 sole sole sole AMERITRADE HLDG CORP CL A CALL 03072H909 2,557,613 144,600 sole sole sole AMERITRADE HLDG CORP CL A PUT 03072H959 1,241,663 70,200 sole sole sole AMERITRADE HLDG CORP CL A A SH 03072H109 773,687 43,742 sole sole sole AMGEN CALL 031162900 3,540,125 50,800 sole sole sole AMGEN PUT 031162950 6,111,594 87,700 sole sole sole AMGEN COMM 031162100 4,345,294 62,354 sole sole sole AMRESCO CAPITAL TRUST COMM 031919103 367,037 34,143 sole sole sole ANGLOGOLD ADR NEW COMM 035128206 1,067,588 58,100 sole sole sole ANTEC CORP 00000 CORP 03664PAB1 1,323,750 1,000 sole sole sole 03 APACHE CORP CALL 037411905 685,850 11,600 sole sole sole APACHE CORP PUT 037411955 3,269,613 55,300 sole sole sole APACHE CORP COMM 037411105 1,241,625 21,000 sole sole sole APPLE COMPUTER INC CALL 037833900 1,387,125 54,000 sole sole sole APPLE COMPUTER INC PUT 037833950 6,781,500 264,000 sole sole sole APPLE COMPUTER INC COMM 037833100 6,181,774 240,653 sole sole sole APPLIED MATERIALS INC COMM 038222105 543,086 9,166 sole sole sole ARCHER DANIELS MIDLAND CO PUT 039483952 1,642,933 190,485 sole sole sole ARCHER DANIELS MIDLAND CO COMM 039483102 1,154,146 133,814 sole sole sole ARIBA INC PUT 04033V954 1,074,375 7,500 sole sole sole ARIEL CORP COMM 04033M104 19,639 10,474 sole sole sole ART TECHNOLOGY GROUP CALL 04289L907 1,847,625 19,500 sole sole sole ARTISOFT INC COMM 04314L106 95,588 12,745 sole sole sole ASIA PACIFIC FUND INC COMM 044901106 171,500 19,600 sole sole sole ASPECT COMMUNICATIONS CORP PUT 04523Q952 1,414,700 68,800 sole sole sole ASPECT COMMUNICATIONS CORP COMM 04523Q102 1,068,880 51,982 sole sole sole ASPEN TECHNOLOGY INC COMM 045327103 586,984 13,026 sole sole sole ASTORIA FINANCIAL CORP CALL 046265904 1,449,950 37,600 sole sole sole ASTORIA FINANCIAL CORP PUT 046265954 1,272,563 33,000 sole sole sole ASYST TECHNOLOGIES INC PUT 04648X957 3,634,875 179,500 sole sole sole ASYST TECHNOLOGIES INC COMM 04648X107 2,841,926 140,342 sole sole sole AT & T CORPORATION CALL 001957909 4,420,938 150,500 sole sole sole AT & T CORPORATION PUT 001957959 19,626,90 668,150 sole sole sole 6 AT & T CORPORATION COMM 001957109 21,140,51 719,677 sole sole sole 2 AT HOME CORP PUT 045919957 5,498,863 389,300 sole sole sole AT HOME CORP COMM 045919107 4,123,893 291,957 sole sole sole AT&T CORP WIRELESS GROUP CALL 001957906 1,523,875 73,000 sole sole sole AT&T CORP WIRELESS GROUP PUT 001957956 1,655,388 79,300 sole sole sole AT&T CORP WIRELESS GROUP COMM 001957406 1,317,213 63,100 sole sole sole ATWOOD OCEANICS INC COMM 050095108 250,125 6,000 sole sole sole AUDIBLE INC COMM 05069A104 27,808 23,417 sole sole sole AVANEX CORP COMM 05348W109 498,617 4,641 sole sole sole AVENTIS ADS COMM 053561106 1,521,313 20,200 sole sole sole AVERY DENNISON CORP CALL 053611909 649,250 14,000 sole sole sole AVERY DENNISON CORP PUT 053611959 1,154,738 24,900 sole sole sole AVERY DENNISON CORP COMM 053611109 871,850 18,800 sole sole sole AVI BIOPHARMA INC COMM 002346104 304,235 38,633 sole sole sole AVI BIOPHARMA INC WTS WARR 002346112 67,021 19,858 sole sole sole AVIS GROUP HOLDINGS INC CL-CALL 053790901 296,250 10,000 sole sole sole A AVNET INC CALL 053807903 1,376,188 48,500 sole sole sole AVNET INC PUT 053807953 1,086,763 38,300 sole sole sole AVNET INC COMM 053807103 646,950 22,800 sole sole sole AVTEAM INC COMM 054527205 33,358 28,849 sole sole sole AWARE INC (MASS) CALL 05453N900 989,450 25,700 sole sole sole AWARE INC (MASS) PUT 05453N950 462,000 12,000 sole sole sole AXA FINANCIAL INC CALL 002451902 4,609,844 90,500 sole sole sole AXA FINANCIAL INC PUT 002451952 8,919,156 175,100 sole sole sole AXA FINANCIAL INC COMM 002451102 8,302,813 163,000 sole sole sole AXCELIS TECHNOLOGIES INC CALL 054540909 272,319 23,300 sole sole sole AXCELIS TECHNOLOGIES INC PUT 054540959 233,750 20,000 sole sole sole AZCO MINING INC COMM 054774104 21,841 24,961 sole sole sole AZZ INC COMM 002474104 431,250 23,000 sole sole sole BALDWIN TECHNOLOGY INC CL COMM 058264102 22,076 12,180 sole sole sole A BALL CORPORATION CALL 058498906 1,197,788 37,800 sole sole sole BALL CORPORATION PUT 058498956 405,600 12,800 sole sole sole BALLANTYNE OF OMAHA INC COMM 058516105 142,088 126,300 sole sole sole BANK NEW YORK INC CALL 064057902 2,881,613 51,400 sole sole sole BANK OF AMERICA CORP CALL 060505904 2,618,750 50,000 sole sole sole BANK ONE CORP CALL 06423A903 1,317,113 34,100 sole sole sole BARD C R INC CALL 067383909 3,134,950 74,200 sole sole sole BARD C R INC PUT 067383959 1,402,700 33,200 sole sole sole BARRICK GOLD CORP CALL 067901908 640,500 42,000 sole sole sole BARRICK GOLD CORP PUT 067901958 152,500 10,000 sole sole sole BARRICK GOLD CORP COMM 067901108 3,507,500 230,000 sole sole sole BB&T CORP CALL 054937907 4,714,563 156,500 sole sole sole BB&T CORP PUT 054937957 216,900 7,200 sole sole sole BELL INDS COMM 078107109 24,681 10,673 sole sole sole BELL SOUTH CORP COMM 079860102 2,893,975 71,900 sole sole sole BESTFOODS COMM 08658U101 25,462,50 350,000 sole sole sole 0 BINDVIEW DEVELOPMENT CORP CALL 090327907 318,381 42,100 sole sole sole BINDVIEW DEVELOPMENT CORP PUT 090327957 229,900 30,400 sole sole sole BINDVIEW DEVELOPMENT CORP COMM 090327107 309,291 40,898 sole sole sole BIOCRYST PHARMACEUTICALS PUT 09058V953 492,000 24,600 sole sole sole INC BIOCRYST PHARMACEUTICALS COMM 09058V103 570,340 28,517 sole sole sole INC BIOGEN INC. CALL 090597905 4,556,700 74,700 sole sole sole BIOGEN INC. PUT 090597955 5,282,600 86,600 sole sole sole BIOGEN INC. COMM 090597105 771,589 12,649 sole sole sole BIOMET INC COMM 090613100 226,765 6,479 sole sole sole BIOMIRA INC CALL 09161R906 471,750 44,400 sole sole sole BIOMIRA INC PUT 09161R956 984,938 92,700 sole sole sole BIOTECH HOLDERS TRUST EXCH 09067D201 662,788 3,400 sole sole sole BIOVAIL CORP PUT 09067J959 203,594 2,500 sole sole sole BLACK ROCK INSD MUNI 2008 COMM 09247L107 189,750 13,200 sole sole sole BLACKROCK 2001 TERM TR COMM 092477108 1,428,200 154,400 sole sole sole BLACKROCK FLORIDA INSURED COMM 09247H106 157,325 11,600 sole sole sole BLACKROCK INVEST QUAL MUN COMM 09247D105 392,500 31,400 sole sole sole TR BLOCK H & R INC CALL 093671905 1,986,550 53,600 sole sole sole BLOCK H & R INC PUT 093671955 3,591,356 96,900 sole sole sole BOEING CO PUT 097023955 667,800 10,600 sole sole sole BOEING CO COMM 097023105 441,000 7,000 sole sole sole BOGEN COMMUNICATIONS INTL COMM 097189104 809,775 129,564 sole sole sole INC BOOKHAM TECHNOLOGY PLC COMM 09856Q108 1,233,014 28,509 sole sole sole BORDEN CHEM & PLASTICS LP CALL 099541903 25,375 14,500 sole sole sole BORDEN CHEM & PLASTICS LP PUT 099541953 32,550 18,600 sole sole sole BORDEN CHEM & PLASTICS LP UNIT 099541203 73,413 41,950 sole sole sole BOWNE & CO INC DEL PUT 103043955 572,325 58,700 sole sole sole BOWNE & CO INC DEL COMM 103043105 438,750 45,000 sole sole sole BRIGHTPOINT INC CALL 109473908 215,340 42,800 sole sole sole BRIGHTPOINT INC PUT 109473958 467,408 92,900 sole sole sole BRIGHTPOINT INC COMM 109473108 197,519 39,258 sole sole sole BRISTOL MYERS SQUIBB CO CALL 110122908 2,256,438 39,500 sole sole sole BRISTOL MYERS SQUIBB CO PUT 110122958 1,713,750 30,000 sole sole sole BROADCOM CORP CL-A CALL 111320907 926,250 3,800 sole sole sole BROADVISION INC COMM 111412102 416,138 16,200 sole sole sole BROADWING INC 6 3/4 PFD PREF 111620407 447,600 9,600 sole sole sole BROCADE COMMUNICATIONS CALL 111621908 708,375 3,000 sole sole sole SYSTEMS BROCADE COMMUNICATIONS PUT 111621958 1,416,750 6,000 sole sole sole SYSTEMS BURLINGTON RES INC PUT 122014953 4,288,656 116,500 sole sole sole BURLINGTON RES INC COMM 122014103 1,432,006 38,900 sole sole sole BURNHAM PACIFIC PROPERTIES COMM 12232C108 481,969 79,500 sole sole sole INC BUY.COM COMM 124269101 36,105 13,129 sole sole sole CABLE & WIRELESS PUB LTD AMER 126830207 2,383,500 56,000 sole sole sole CO CABLETRON SYSTEMS INC PUT 126920957 5,117,125 174,200 sole sole sole CABLETRON SYSTEMS INC COMM 126920107 2,318,804 78,938 sole sole sole CABLEVISION SYS. CORP. CALL 12686C909 1,969,481 29,700 sole sole sole CABLEVISION SYS. CORP. PUT 12686C959 2,393,881 36,100 sole sole sole CABLEVISION SYS. CORP. COMM 12686C109 537,131 8,100 sole sole sole CABOT MICROELECTRONICS COMM 12709P103 2,022,576 42,137 sole sole sole CADENCE DESIGN SYSTEM INC CALL 127387908 3,537,169 137,700 sole sole sole CALICO COMMERCE INC PUT 129897954 62,766 10,300 sole sole sole CALICO COMMERCE INC COMM 129897104 62,876 10,318 sole sole sole CAMBRIDGE TECHNOLOGY PUT 132524959 937,563 214,300 sole sole sole PARTNERS CAMBRIDGE TECHNOLOGY COMM 132524109 921,336 210,591 sole sole sole PARTNERS CANADIAN PACIFIC LTD (NEW) CALL 135923900 1,001,000 38,500 sole sole sole CANADIAN PACIFIC LTD (NEW) PUT 135923950 579,800 22,300 sole sole sole CANNONDALE CORP COMM 137798104 280,871 52,255 sole sole sole CANYON RESOURCES CORP. COMM 138869300 10,938 12,500 sole sole sole (NEW) CAPITAL TITLE GROUP INC COMM 140919101 16,960 20,100 sole sole sole CAREERENGINE NETWORK, INC COMM 141690107 28,957 16,547 sole sole sole CARESIDE INC WTS WARR 141728113 6,500 13,000 sole sole sole CATERPILLAR INC CALL 149123901 806,625 23,900 sole sole sole CATERPILLAR INC PUT 149123951 14,512,50 430,000 sole sole sole 0 CATERPILLAR INC COMM 149123101 12,298,46 364,399 sole sole sole 6 C-CUBE MICROSYSTEM NEW CALL 12501N908 1,328,438 65,000 sole sole sole C-CUBE MICROSYSTEM NEW PUT 12501N958 1,109,756 54,300 sole sole sole CDW COMPUTER CENTERS INC COMM 125129106 805,200 11,659 sole sole sole CELESTICA INC CALL 15101Q908 7,395,900 106,800 sole sole sole CELESTICA LYONS CORP 15101QAA6 1,950,000 4,000 sole sole sole CELGENE CORP PUT 151020954 297,500 5,000 sole sole sole CENDANT CORP PUT 151313953 12,524,73 1,151,70 sole sole sole 8 0 CENDANT CORP COMM 151313103 12,898,18 1,186,04 sole sole sole 5 0 CENTERSPAN COMMUNICATIONS COMM 152012100 116,574 11,236 sole sole sole CENTURY BANCSHARES INC COMM 156436107 158,240 24,228 sole sole sole CHARTERED SEMICONDUCTOR AMER 16133R106 701,365 11,557 sole sole sole MFG CHASE MANHATTAN CORP PUT 16161A958 28,848,71 624,600 sole sole sole 3 CHASE MANHATTAN CORP COMM 16161A108 13,719,07 297,030 sole sole sole 3 CHENIERE ENERGY INC- COMM 16411R109 105,879 147,300 sole sole sole CHEVRON CORP COMM 166751107 852,500 10,000 sole sole sole CHINA MOBILE (HONG KONG) COMM 16941M109 2,733,833 84,280 sole sole sole LTD CHINADOTCOM CORPORATION A SH G2108N109 135,831 10,300 sole sole sole CHIQUITA BRAND INTL CALL 170032906 96,250 30,800 sole sole sole CHIQUITA BRAND INTL PUT 170032956 78,125 25,000 sole sole sole CHIQUITA BRAND INTL COMM 170032106 75,000 24,000 sole sole sole CHIRON CORP CALL 170040909 1,800,000 40,000 sole sole sole CHIRON CORP PUT 170040959 2,340,000 52,000 sole sole sole CHIRON CORP CONV 170040AB5 2,343,750 1,500 sole sole sole CIENA CORP CALL 171779901 10,519,67 85,700 sole sole sole 5 CINTAS CORP COMM 172908105 397,943 9,135 sole sole sole CIRCLE INTL GROUP INC COMM 172574105 257,549 8,514 sole sole sole CIRCLE.COM COMM 832914204 64,196 21,854 sole sole sole CIRRUS LOGIC INC 06000 CORP 172755AC4 3,337,500 2,000 sole sole sole 03 CISCO SYSTEMS INC CALL 17275R902 7,735,000 140,000 sole sole sole CISCO SYSTEMS INC PUT 17275R952 552,500 10,000 sole sole sole CITIGROUP INC CALL 172967901 81,360,44 1,504,93 sole sole sole 0 3 CITIGROUP INC PUT 172967951 34,014,55 629,171 sole sole sole 7 CITIZENS UTILITIES TRUST PREF 177351202 813,750 15,000 sole sole sole CITRIX SYSTEMS INC PUT 177376950 549,713 27,400 sole sole sole CITRIX SYSTEMS INC COMM 177376100 510,510 25,446 sole sole sole CKE RESTAURANTS INC 04250 CORP 12561EAB1 203,063 450 sole sole sole 04 CLASSIC COMMUNICATION CL A COMM 182728204 311,334 61,498 sole sole sole CLAYTON HOMES INC CALL 184190906 503,000 50,300 sole sole sole CLOROX CO CALL 189054909 6,282,525 158,800 sole sole sole CLOROX CO PUT 189054959 6,270,656 158,500 sole sole sole CLOROX CO COMM 189054109 597,394 15,100 sole sole sole CMGI INC CALL 125750909 1,192,931 42,700 sole sole sole CMGI INC PUT 125750959 1,670,663 59,800 sole sole sole CMGI INC COMM 125750109 1,012,874 36,255 sole sole sole CNA FINL CORP CALL 126117900 2,069,325 54,100 sole sole sole CNF TRANSPORTATION INC PUT 12612W954 1,775,550 79,800 sole sole sole CNF TRANSPORTATION INC COMM 12612W104 1,524,125 68,500 sole sole sole COBALT GROUP INC COMM 19074Q103 38,929 11,024 sole sole sole COCA COLA CO CALL 191216900 29,657,25 538,000 sole sole sole 0 COEUR D ALENE MINES COMM 192108108 217,875 174,300 sole sole sole COGNOS INC CALL 19244C909 1,780,694 43,900 sole sole sole COINSTAR INC CALL 19259P900 450,900 33,400 sole sole sole COLGATE PALMOLIVE CO PUT 194162953 1,109,200 23,500 sole sole sole COLGATE PALMOLIVE CO COMM 194162103 1,463,200 31,000 sole sole sole COLUMBIA FINANCIAL OF COMM 19764R106 207,077 24,362 sole sole sole KENTUCKY COMCAST CORP SPEC CL A CALL 200300900 818,750 20,000 sole sole sole COMDISCO INC PUT 200336955 1,038,906 54,500 sole sole sole COMDISCO INC COMM 200336105 1,483,063 77,800 sole sole sole COMMERCE BANCORP INC N J CALL 200519906 3,700,725 63,600 sole sole sole COMMERCE ONE INC CALL 200693909 11,806,40 150,400 sole sole sole 0 COMMERCE ONE INC PUT 200693959 4,553,000 58,000 sole sole sole COMPAQ COMPUTER CORP CALL 204493900 5,640,110 204,500 sole sole sole COMPAQ COMPUTER CORP PUT 204493950 4,561,732 165,400 sole sole sole COMPAQ COMPUTER CORP COMM 204493100 202,934 7,358 sole sole sole COMPUTER ASSOCIATES INTL PUT 204912959 2,702,619 107,300 sole sole sole INC COMPUTER ASSOCIATES INTL COMM 204912109 2,562,576 101,740 sole sole sole INC COMPUWARE CORP COMM 205638109 217,481 26,065 sole sole sole COMSOLIDATED FREIGHTWAYS PUT 209232957 353,525 71,600 sole sole sole CORP COMSOLIDATED FREIGHTWAYS COMM 209232107 382,533 77,475 sole sole sole CORP COMVERSE TECHNOLOGY INC COMM 205862402 422,064 3,908 sole sole sole (NEW) CONAGRA FOODS INC PUT 205887952 736,294 36,700 sole sole sole CONCORD COMMUNICATIONS INC CALL 206186908 824,850 31,200 sole sole sole CONCORD EFS INC COMM 206197105 210,032 5,906 sole sole sole CONECTIV CL A CALL 206829903 459,388 25,700 sole sole sole CONECTIV CL A PUT 206829953 555,913 31,100 sole sole sole CONEXANT CORP 207142AB6 574,875 300 sole sole sole CONSECO INC CALL 208464907 743,438 97,500 sole sole sole CONSECO INC PUT 208464957 99,125 13,000 sole sole sole CONSOLIDATED EDISON INC CALL 209115904 733,688 21,500 sole sole sole (HOLDN CONTINUCARE CORP COMM 212172100 224,888 399,800 sole sole sole COOPER CAMERON CORP COMM 216640102 729,506 9,900 sole sole sole COOPER COS INC NEW CALL 216648902 2,787,550 78,800 sole sole sole COPPER MOUNTAIN NETWORKS COMM 217510106 253,705 6,743 sole sole sole COR THERAPEUTICS INC 144A LIMI 217753AC6 1,962,500 1,000 sole sole sole CORNERSTONE INTERNET COMM 21923C103 34,696 85,395 sole sole sole SOLUTION CORNING INCORPORATED CALL 219350905 20,790,00 70,000 sole sole sole 0 COVER-ALL TECHNOLOGIES INC COMM 222892101 97,261 172,908 sole sole sole CROMPTON CORP CALL 227116900 526,838 66,900 sole sole sole CROMPTON CORP PUT 227116950 341,775 43,400 sole sole sole CROMPTON CORP COMM 227116100 299,250 38,000 sole sole sole CROSSROADS SYSTEMS INC PUT 22765D950 1,039,500 123,200 sole sole sole CROSSROADS SYSTEMS INC COMM 22765D100 822,218 97,448 sole sole sole CROWN CORK & SEAL INC PUT 228255955 2,703,938 253,000 sole sole sole CROWN CORK & SEAL INC COMM 228255105 2,476,294 231,700 sole sole sole CROWN RESOURCES CORP COMM 228569109 32,257 60,713 sole sole sole CTC COMM GROUP INC CALL 126419900 692,300 34,400 sole sole sole CTC COMM GROUP INC PUT 126419950 388,413 19,300 sole sole sole CUBIST PHARMACEUTICALS INC PUT 229678957 260,000 5,000 sole sole sole CUMMINS ENGINE INC PUT 231021956 3,290,131 109,900 sole sole sole CUMMINS ENGINE INC COMM 231021106 2,374,044 79,300 sole sole sole CURIS INC + COMM 231269101 2,550,634 129,556 sole sole sole CYPRESS SEMI CORP 232806AE9 1,011,250 1,000 sole sole sole DALLAS SEMICONDUCTOR CORP CALL 235204904 269,575 8,200 sole sole sole DALLAS SEMICONDUCTOR CORP PUT 235204954 920,500 28,000 sole sole sole DALLAS SEMICONDUCTOR CORP COMM 235204104 322,175 9,800 sole sole sole DATAPOINT CORP 08875 CORP 238100AB7 330,410 893 sole sole sole 06 DATAWATCH CORP COMM 237917109 37,050 31,200 sole sole sole DCH TECHNOLOGY INC COMM 233092105 118,186 20,333 sole sole sole DELIA'S INC COMM 246885107 368,526 193,320 sole sole sole DELL COMPUTER CORP PUT 247025959 65,841,90 2,141,20 sole sole sole 0 0 DELL COMPUTER CORP COMM 247025109 61,828,19 2,010,67 sole sole sole 5 3 DELTA AIR LINES INC DEL COMM 247361108 994,000 22,400 sole sole sole DELTATHREE.COM INC CL A COMM 24783N102 49,804 13,739 sole sole sole DEUTSCHE TELEKOM AG COMM 251566105 1,452,200 42,400 sole sole sole DEVON ENERGY CORP ZERO 25179MAC7 1,900,000 4,000 sole sole sole DEVON ENERGY CORP (NEW) CALL 25179M903 9,227,010 153,400 sole sole sole DEVON ENERGY CORP (NEW) PUT 25179M953 2,520,285 41,900 sole sole sole DEXTER CORP COMM 252165105 592,720 8,000 sole sole sole DIAGEO PLC NEW ADS AMER 25243Q205 1,324,607 37,511 sole sole sole DIAMOND OFFSHORE ZERO 25271CAB8 500,000 1,000 sole sole sole DIAMOND TECH PARTNERS CL A COMM 252762109 209,790 2,835 sole sole sole DIEBOLD INC CALL 253651903 602,969 22,700 sole sole sole DIEBOLD INC PUT 253651953 425,000 16,000 sole sole sole DIGITAL ISLAND INC COMM 25385N101 710,965 37,667 sole sole sole DISC INC COMM 23321A101 166,945 66,778 sole sole sole DISNEY WALT DISNEY COMM 254687205 170,000 16,000 sole sole sole INTERNET DLJ DIRECT CALL 257661904 275,688 40,100 sole sole sole DLJ DIRECT PUT 257661954 204,188 29,700 sole sole sole DOMINION RES INC (NEW) CALL 25746U909 2,107,669 36,300 sole sole sole DOUBLE EAGLE PETE & MNG WARR 258570118 38,913 11,320 sole sole sole WTS DOUBLECLICK INC CALL 258609904 1,760,000 55,000 sole sole sole DOUBLECLICK INC PUT 258609954 1,766,400 55,200 sole sole sole DOW CHEM CO CALL 260543903 374,063 15,000 sole sole sole DOW JONES & CO INC CALL 260561905 1,954,150 32,300 sole sole sole DOW JONES & CO INC PUT 260561955 2,589,400 42,800 sole sole sole DOW JONES & CO INC COMM 260561105 490,050 8,100 sole sole sole DREYFUS CALIF MUN INC COMM 261881106 106,425 12,900 sole sole sole DU PONT I DE NEMOURS & CALL 263534909 1,864,688 45,000 sole sole sole CO DU PONT I DE NEMOURS & PUT 263534959 1,243,125 30,000 sole sole sole CO DU PONT I DE NEMOURS & COMM 263534109 290,063 7,000 sole sole sole CO DUFF & PHELPS UTILITIES COMM 264325101 294,872 23,200 sole sole sole TAX DUPONT PHOTOMASKS ZERO 26613XAC5 1,905,000 2,000 sole sole sole DURAMED PHARMACEUTICALS CALL 266354909 299,625 51,000 sole sole sole INC DURAMED PHARMACEUTICALS PUT 266354959 606,300 103,200 sole sole sole INC DURAMED PHARMACEUTICALS COMM 266354109 388,014 66,045 sole sole sole INC EASTERN COMPANY (THE) COMM 276317104 123,899 10,658 sole sole sole EASTERN ENTERPRISES COMM 27637F100 6,534,400 102,400 sole sole sole EASTMAN KODAK CO CALL 277461909 2,248,125 55,000 sole sole sole EASTMAN KODAK CO COMM 277461109 866,060 21,188 sole sole sole EASYRIDERS, INC COMM 277848107 6,918 15,813 sole sole sole EBAY INC CALL 278642903 5,720,000 83,200 sole sole sole ECHELON CORP COMM 27874N105 205,273 6,988 sole sole sole ECHO BAY MINES LTD COMM 278751102 30,000 40,000 sole sole sole ECHOSTAR COMMUNICATIONS CORP 278762AD1 1,320,000 1,000 sole sole sole SUB EDWARDS J D & CO CALL 281667905 1,143,675 44,200 sole sole sole EDWARDS J D & CO PUT 281667955 970,313 37,500 sole sole sole ELAN CORP PLC CONT.VALUE RIGH G29539148 546,416 564,013 sole sole sole RTS. ELECTRIC FUEL CORP CALL 284871900 228,975 21,300 sole sole sole ELECTRIC FUEL CORP PUT 284871950 576,200 53,600 sole sole sole ELECTRIC FUEL CORP COMM 284871100 267,557 24,889 sole sole sole ELECTRONICS FOR IMAGING PUT 286082952 215,688 8,500 sole sole sole INC ELECTRONICS FOR IMAGING COMM 286082102 212,998 8,394 sole sole sole INC EMACHINES COMM 29076P102 43,364 42,048 sole sole sole EMC CORP MASS CALL 268648902 13,580,12 137,000 sole sole sole 5 EMERGE INTERACTIVE INC CALL 29088W903 1,599,600 103,200 sole sole sole EMERGING VISION INC COMM 29089W102 26,156 22,026 sole sole sole EMERSON ELEC CO COMM 291011104 3,182,500 47,500 sole sole sole EMERSON RADIO CORP (NEW) COMM 291087203 42,498 20,605 sole sole sole EMISPHERE TECHNOLOGIES INC PUT 291345956 1,481,800 49,600 sole sole sole EMISPHERE TECHNOLOGIES INC COMM 291345106 1,310,557 43,868 sole sole sole EMPIRE DIST ELEC CO COMM 291641108 588,000 22,400 sole sole sole EMPIRE OF CAROLINA INC PFD CONV 292007200 10,500 11,200 sole sole sole ENDOREX CORP (NEW) COMM 29264N307 87,581 37,873 sole sole sole ENERGY CONVERSIONS DEVICES WARR 292659224 380,513 20,294 sole sole sole WTS ENSCO INTL DEV CALL 26874Q900 1,770,975 46,300 sole sole sole ENSCO INTL DEV PUT 26874Q950 879,750 23,000 sole sole sole ENTREMED INC CALL 29382F903 734,250 26,400 sole sole sole ENTREMED INC PUT 29382F953 4,352,656 156,500 sole sole sole ENTREMED INC COMM 29382F103 2,331,160 83,817 sole sole sole ENTROPIN INC WARR 293844114 91,078 25,125 sole sole sole ENVIRONMENTAL TECHNOLOGIES COMM 293961108 44,139 12,611 sole sole sole CRP ENZO BIOCHEM INC CALL 294100902 1,721,750 35,500 sole sole sole ENZO BIOCHEM INC PUT 294100952 3,753,900 77,400 sole sole sole ENZO BIOCHEM INC COMM 294100102 1,315,078 27,115 sole sole sole ENZON INC PUT 293904958 330,000 5,000 sole sole sole EQUITEX INC NEW *- COMM 294592308 91,160 14,370 sole sole sole ERICSSON(L M)TEL CO ADR AMER 294821400 1,223,291 82,935 sole sole sole EXP / / WARR 45245S116 226,500 45,300 sole sole sole EXXON MOBIL CORP. CALL 30231G902 4,973,175 55,800 sole sole sole FAIRMARKET INC COMM 305158107 121,191 39,980 sole sole sole FASTENAL CO CALL 311900904 2,387,325 41,700 sole sole sole FASTENAL CO PUT 311900954 1,832,000 32,000 sole sole sole FASTENAL CO COMM 311900104 960,712 16,781 sole sole sole FEDERATED DEPT STORES INC COMM 31410H101 263,863 10,100 sole sole sole NEW FELCOR LODGING TRUST INC COMM 31430F101 321,438 13,900 sole sole sole FIDELITY BANCORP INC COMM 315831107 214,043 15,782 sole sole sole FIDELITY NATL FINL CALL 316326907 1,626,075 65,700 sole sole sole FILM ROMAN INC COMM 317234102 263,654 337,456 sole sole sole FINOVA GROUP INC CALL 317928909 72,500 10,000 sole sole sole FIRST KANSAS FINANCIAL COMM 320651102 174,096 14,508 sole sole sole CORP FIRST PRIORITY GROUP INC COMM 335914206 248,834 176,942 sole sole sole NEW FIRST SECURITY CORP DEL CALL 336294903 194,119 11,900 sole sole sole FIRST SENTINEL BANCORP INC COMM 33640T103 98,031 10,319 sole sole sole FIRST ST BANCORPORATION COMM 336453105 184,363 15,050 sole sole sole FIRST UNION CORP CALL 337358905 3,492,344 108,500 sole sole sole FIRST UNION CORP PUT 337358955 6,939,625 215,600 sole sole sole FIRSTAR CORP (NEW) CALL 33763V909 3,626,988 162,100 sole sole sole FIRSTAR CORP (NEW) PUT 33763V959 2,015,988 90,100 sole sole sole FIRSTAR CORP (NEW) COMM 33763V109 205,783 9,197 sole sole sole FISERV INC COMM 337738108 218,604 3,651 sole sole sole FLEETBOSTON FINANCIAL CCRP CALL 339030908 6,314,100 161,900 sole sole sole FLEETBOSTON FINANCIAL CCRP PUT 339030958 3,662,100 93,900 sole sole sole FLEETBOSTON FINANCIAL CCRP COMM 339030108 444,561 11,399 sole sole sole FLORDIA PROGRESS CORP CALL 341109906 4,197,944 79,300 sole sole sole FLOWER INDUSTRIES INC CALL 343496905 641,550 32,900 sole sole sole FLOWER INDUSTRIES INC PUT 343496955 996,450 51,100 sole sole sole FMS FINANCIAL CORP COMM 302509104 175,423 20,946 sole sole sole FORD MOTOR CO (NEW) CALL 345370900 810,000 32,000 sole sole sole FORD MOTOR CO (NEW) PUT 345370950 379,688 15,000 sole sole sole FORTUNE BRANDS INC CALL 349631901 742,000 28,000 sole sole sole FORTUNE BRANDS INC PUT 349631951 654,550 24,700 sole sole sole FRANCE TELECOM ADS COMM 35177Q105 1,020,925 9,700 sole sole sole FRANKLIN TELECOMMUN CORP COMM 354727208 26,731 32,900 sole sole sole NEW FREEMARKETS INC COMM 356602102 230,899 4,042 sole sole sole FREEPORT MCMORAN COPPER & CALL 35671D907 135,713 15,400 sole sole sole GOLD FREEPORT MCMORAN COPPER & PUT 35671D957 798,413 90,600 sole sole sole GOLD FREEPORT MCMORAN COPPER & B SH 35671D857 357,788 40,600 sole sole sole GOLD FRIEDMAN BILLINGS RAMSEY CALL 358433900 786,906 84,500 sole sole sole GRP FRIEDMAN BILLINGS RAMSEY PUT 358433950 295,206 31,700 sole sole sole GRP FRONTIER AIRLS INC NEW CALL 359065909 712,631 36,900 sole sole sole FS NETWORKS INC PUT 315616952 2,485,400 73,100 sole sole sole FS NETWORKS INC COMM 315616102 2,042,040 60,060 sole sole sole FULTON FINL CORP PA COMM 360271100 343,551 17,395 sole sole sole FURRS RESTAURANT GROUP INC COMM 361115603 33,286 11,835 sole sole sole GADZOOX NETWORK PUT 362555954 789,450 110,800 sole sole sole GADZOOX NETWORK COMM 362555104 473,278 66,425 sole sole sole GATX CORP CALL 361448903 711,875 17,000 sole sole sole GATX CORP PUT 361448953 259,625 6,200 sole sole sole GBC BANCORP CALIF COMM 361475106 349,004 10,246 sole sole sole GCB CYPRESS SEMI CV CORP 232806AD1 3,515,000 2,000 sole sole sole GEMSTAR TV GUIDE INT'L INC CALL 36866W906 3,993,188 45,800 sole sole sole GEMSTAR TV GUIDE INT'L INC PUT 36866W956 1,438,594 16,500 sole sole sole GENENTECH INC CALL 368710906 17,324,64 93,300 sole sole sole 4 GENERAL DYNAMICS CORP CALL 369550908 1,564,031 24,900 sole sole sole GENERAL DYNAMICS CORP PUT 369550958 4,133,063 65,800 sole sole sole GENERAL DYNAMICS CORP COMM 369550108 1,193,438 19,000 sole sole sole GENERAL ELEC CO CALL 369604903 11,675,95 202,400 sole sole sole 0 GENERAL ELEC CO PUT 369604953 3,876,600 67,200 sole sole sole GENERAL MAGIC INC COMM 370253106 318,182 54,741 sole sole sole GENERAL MOTORS CORP CALL 370442902 1,658,228 44,600 sole sole sole (HUGHES) GENERAL MOTORS CORP PUT 370442952 609,752 16,400 sole sole sole (HUGHES) GENERAL MTRS CORP. PUT 370442955 8,632,000 132,800 sole sole sole GENERAL MTRS CORP. COMM 370442105 6,935,630 106,702 sole sole sole GENOME THERAPEUTICS CORP CALL 372430908 5,750,250 278,800 sole sole sole GENOME THERAPEUTICS CORP PUT 372430958 2,501,813 121,300 sole sole sole GENZYME CORP 05250 CORP 372917AF1 1,847,500 1,000 sole sole sole 05 GENZYME CORP (GENERAL CALL 372917904 2,802,506 41,100 sole sole sole DIVISION GENZYME CORP-TISSUE REPAIR-COMM 372917401 55,966 13,671 sole sole sole GEORGIA PAC CORP CALL 373298908 1,005,800 42,800 sole sole sole GEORGIA PAC CORP PUT 373298958 5,355,650 227,900 sole sole sole GEORGIA PAC CORP COMM 373298108 3,750,600 159,600 sole sole sole GEORGIA-PACIFIC CORP PUT 373298952 228,438 8,500 sole sole sole GLIATECH INC PUT 37929C953 237,500 38,000 sole sole sole GLIATECH INC COMM 37929C103 196,163 31,386 sole sole sole GLOBAL CROSSING LTD CALL G3921A900 1,094,300 35,300 sole sole sole GLOBAL CROSSING LTD COMM G3921A100 2,559,205 82,555 sole sole sole GLOBAL LIGHT COMM 37934X100 84,676 16,442 sole sole sole TELECOMMUNICATION GLOBALSTAR PUT G3930H954 3,767,400 436,800 sole sole sole TELECOMMUNICATIONS GLOBALSTAR COMM G3930H104 300,650 34,858 sole sole sole TELECOMMUNICATIONS GLOBESPAN INC PUT 379571952 610,000 5,000 sole sole sole GOLDEN STAR RESOURCES LTD COMM 38119T104 24,375 30,000 sole sole sole GOLDEN STATE BANCORP INC WARR 381197136 460,806 378,082 sole sole sole WTS GOLDMAN SACHS GROUP INC CALL 38141G904 2,506,625 22,000 sole sole sole GRACE W.R. & CO NEW PUT 38388F958 567,188 82,500 sole sole sole GRACE W.R. & CO NEW COMM 38388F108 709,500 103,200 sole sole sole GRAPHIC PACKAGING INT'L COMM 388690109 36,125 17,000 sole sole sole CORP GREAT ATLANTIC & PAC TEA PUT 390064953 443,606 40,100 sole sole sole INC GREAT ATLANTIC & PAC TEA COMM 390064103 379,444 34,300 sole sole sole INC GREENWICH ST. CALIF MN FD COMM 397009101 169,469 14,500 sole sole sole HALLIBURTON CO CALL 406216901 3,670,313 75,000 sole sole sole HALLMARK FINANCIAL COMM 40624Q104 21,662 34,659 sole sole sole SERVICES IC HAMILTON BANCORP INC FLA COMM 407013101 333,669 19,700 sole sole sole HANOVER COMPRESSOR CO CALL 410768905 1,251,625 38,000 sole sole sole HANOVER DIRECT INC (DEL) COMM 410783104 50,091 89,050 sole sole sole HARLEY DAVIDSON INC PUT 412822958 335,125 7,000 sole sole sole HARMONIC INC COMM 413160102 427,416 17,809 sole sole sole HASTINGS MFG CO COMM 418398103 140,056 20,008 sole sole sole HEALTHCAREINTEGNEW + COMM 421939307 91,070 60,713 sole sole sole HEALTHSOUTH CORPORATION PUT 421924951 6,036,875 743,000 sole sole sole HEALTHSOUTH CORPORATION COMM 421924101 3,941,438 485,100 sole sole sole HEARX LTD NEW COMM 422360305 316,566 115,115 sole sole sole HELLER FINANCIAL INC CALL 423328903 2,801,981 98,100 sole sole sole HEMISPHERX BIOPHA CL-A WARR 42366C111 2,213,081 694,300 sole sole sole (NEW) HEWLETT PACKARD CO ZERO 428236AC7 6,220,000 8,000 sole sole sole HI/FN INC CALL 428358905 8,188,625 120,200 sole sole sole HI/FN INC PUT 428358955 3,358,563 49,300 sole sole sole HIGH COUNTRY BANCORP INC COMM 42965Q107 171,194 15,050 sole sole sole HIGH SPEED ACCESS CORP CALL 42979U902 35,625 10,000 sole sole sole HIGH SPEED ACCESS CORP PUT 42979U952 35,625 10,000 sole sole sole HOME DEPOT INC PUT 437076952 6,425,869 121,100 sole sole sole HOME DEPOT INC COMM 437076102 2,064,131 38,900 sole sole sole HOMESTAKE MNG CO CALL 437614900 1,296,875 250,000 sole sole sole HOMESTAKE MNG CO COMM 437614100 129,688 25,000 sole sole sole HOST AMERICA CORP WTS WARR 44106W118 11,375 13,000 sole sole sole HS RESOURCES INC COMM 404297103 235,375 7,000 sole sole sole HUMANA INC COMM 444859102 217,150 20,200 sole sole sole HYPERTENSION DIAG INC A WARR 44914V112 65,907 31,015 sole sole sole WTS I VILLAGE INC CALL 46588H905 232,888 60,100 sole sole sole I VILLAGE INC PUT 46588H955 61,225 15,800 sole sole sole I VILLAGE INC COMM 46588H105 65,821 16,986 sole sole sole I2 TECHNOLOGIES PUT 465754959 3,366,000 18,000 sole sole sole I2 TECHNOLOGIES COMM 465754109 1,123,309 6,007 sole sole sole ICN PHARMACEUTICALS INC PUT 448924950 6,367,375 191,500 sole sole sole NEW ICN PHARMACEUTICALS INC COMM 448924100 3,275,125 98,500 sole sole sole NEW IDENTIX INCORPORATED PUT 451906951 973,215 80,100 sole sole sole IDENTIX INCORPORATED COMM 451906101 794,610 65,400 sole sole sole IDEXX LABS INC PUT 45168D954 227,375 8,500 sole sole sole IKON OFFICE SOLUTIONS INC COMM 451713101 275,625 70,000 sole sole sole ILX RESORTS INC COMM 449661503 35,025 23,350 sole sole sole IMAX CORP PUT 45245E959 572,063 33,900 sole sole sole IMAX CORP COMM 45245E109 617,625 36,600 sole sole sole IMC GLOBAL INC CALL 449669900 691,650 47,700 sole sole sole IMC GLOBAL INC PUT 449669950 569,850 39,300 sole sole sole IMMERSION CORP CALL 452521907 182,900 11,800 sole sole sole IMMERSION CORP PUT 452521957 243,350 15,700 sole sole sole IMMUNEX CORP (NEW) CALL 452528902 11,035,95 253,700 sole sole sole 0 IMMUNOMEDICS INC CALL 452907908 1,308,594 62,500 sole sole sole IMMUNOMEDICS INC PUT 452907958 387,344 18,500 sole sole sole INDEPENDENCE COMMUNITY BK COMM 453414104 156,016 11,144 sole sole sole CRP INDEPENDENT ENERGY HLDGS AMER 45384X108 0 12,824 sole sole sole PLC INDIGO N.V. WTS WARR N44495120 24,042 12,021 sole sole sole INFINIUM SOFTWARE INC PUT 45662Y959 59,657 23,000 sole sole sole INFINIUM SOFTWARE INC COMM 45662Y109 57,214 22,058 sole sole sole INFOCUS CORP COMM 45665B106 728,776 13,783 sole sole sole INFORMATICA CORP CALL 45666Q902 1,091,025 11,700 sole sole sole INFORMIX CORP COMM 456779107 167,097 40,817 sole sole sole INFOSPACE INC CALL 45678T902 392,438 13,000 sole sole sole INGERSOLL RAND CO PUT 456866952 7,547,350 222,800 sole sole sole INGERSOLL RAND CO COMM 456866102 8,641,513 255,100 sole sole sole INGRAM MICRO INC CALL 457153904 699,875 50,900 sole sole sole INKINE PHARMA CO INC COMM 457214104 714,467 66,462 sole sole sole INKTOMI CORP COMM 457277101 249,888 2,192 sole sole sole INTEGRATED CIRCUIT SYSTEMS COMM 45811K208 200,596 10,843 sole sole sole INC INTEGRATED DEVICE TECH INC COMM 458118106 3,385,257 37,432 sole sole sole INTEL CORP PUT 458140950 225,349,1 5,430,10 sole sole sole 50 0 INTEL CORP COMM 458140100 176,826,4 4,260,87 sole sole sole 79 9 INTELLICALL INC COMM 45815C103 90,492 90,492 sole sole sole INTELLIGROUP INC PUT 45816A956 39,661 25,900 sole sole sole INTELLIGROUP INC COMM 45816A106 144,651 94,463 sole sole sole INTERDIGITAL COM CORP COMM 45866A105 235,270 16,805 sole sole sole INTERGRAPH CORP CALL 458683909 438,438 61,000 sole sole sole INTERGRAPH CORP PUT 458683959 187,594 26,100 sole sole sole INTERLOTT TECHNOLOGIES COMM 458764107 184,151 16,741 sole sole sole INTERMAGNETICS GENERAL CALL 458771902 4,371,000 164,169 sole sole sole CORP INTERMAGNETICS GENERAL PUT 458771952 1,220,224 45,830 sole sole sole CORP INTERNATIONAL BANCSHARES COMM 459044103 295,814 9,679 sole sole sole CORP INTERNATIONAL BUSINESS CALL 459200901 21,352,50 189,800 sole sole sole MACHS 0 INTERNATIONAL PAPER CO CALL 460146903 266,794 9,300 sole sole sole INTERNATIONAL PAPER CO PUT 460146953 11,503,68 401,000 sole sole sole 8 INTERNATIONAL PAPER CO COMM 460146103 7,831,688 273,000 sole sole sole INTERPUBLIC GROUP CO 01800 CONV 460690AF7 1,990,000 2,000 sole sole sole 04 INTERPUBLIC GROUP COS INC CALL 460690900 7,320,031 214,900 sole sole sole INTERPUBLIC GROUP COS INC PUT 460690950 258,875 7,600 sole sole sole INTERSTATE BAKERIES PUT 46072H958 1,067,625 73,000 sole sole sole (DEL)(NEW) INTERSTATE BAKERIES COMM 46072H108 203,288 13,900 sole sole sole (DEL)(NEW) INTERTAN INC CALL 461120907 308,963 21,400 sole sole sole INTERWORLD CORP CALL 46114Q908 57,188 15,000 sole sole sole INTRENET INC COMM 461190100 131,644 75,225 sole sole sole INTUIT INC CALL 461202903 1,464,900 25,700 sole sole sole INVITROGEN CORP CALL 46185R900 1,129,894 15,900 sole sole sole INVITROGEN CORP PUT 46185R950 731,944 10,300 sole sole sole IONICS INC CALL 462218908 262,144 12,300 sole sole sole IONICS INC PUT 462218958 370,838 17,400 sole sole sole IONICS INC COMM 462218108 309,031 14,500 sole sole sole IPSWICH BANCSHARES INC COMM 462633108 342,563 37,800 sole sole sole ISHARES MSCI HONG KONG IDX EXCH 464286871 1,114,967 91,956 sole sole sole ISHARES MSCI SINGAPORE EXCH 464286673 2,104,046 306,043 sole sole sole (FREE) ITXC CORP PUT 45069F959 1,203,500 83,000 sole sole sole ITXC CORP COMM 45069F109 1,341,381 92,509 sole sole sole IVAX CORP PUT 465823952 2,530,000 55,000 sole sole sole J L G INDUSTRIES INC CALL 466210901 638,625 52,400 sole sole sole J L G INDUSTRIES INC PUT 466210951 664,219 54,500 sole sole sole JACKPOT ENTERPRISES INC PUT 466392957 213,750 22,500 sole sole sole JACKPOT ENTERPRISES INC COMM 466392107 902,500 95,000 sole sole sole JACOR COMMUN INC WTS WARR 469858138 938,866 121,144 sole sole sole JCC HOLDING CO CL A COMM 46611Q205 17,188 25,000 sole sole sole JDS UNIPHASE CORP PUT 46612J951 13,767,93 145,500 sole sole sole 8 JDS UNIPHASE CORP COMM 46612J101 19,726,56 208,471 sole sole sole 8 JUNIPER NETWORKS INC CORP 48203RAA2 1,517,500 1,000 sole sole sole K MART CORP COMM 482584109 300,000 50,000 sole sole sole K2 DESIGN INC WTS WARR 482731114 2,516 11,500 sole sole sole KANEB SERVICES INC COMM 484170105 2,617,750 566,000 sole sole sole KEITHLEY INSTRUMENTS INC PUT 487584954 3,479,000 49,700 sole sole sole KEITHLEY INSTRUMENTS INC COMM 487584104 1,890,000 27,000 sole sole sole KELLSTROM INDS INC. COMM 488035106 309,694 59,700 sole sole sole KEMPER STRATEGIC MUN INCM COMM 488427105 216,776 19,600 sole sole sole KENDLE INTERNATIONAL INC CALL 48880L907 110,138 13,200 sole sole sole KENDLE INTERNATIONAL INC PUT 48880L957 176,054 21,100 sole sole sole KENNEDY-WILSON INTL (NEW) COMM 489399204 277,128 50,966 sole sole sole KERR MCGEE CORP CALL 492386907 1,086,500 16,400 sole sole sole KERR MCGEE CORP PUT 492386957 2,153,125 32,500 sole sole sole KFX INC COMM 48245L107 61,439 22,861 sole sole sole KIMBERLY CLARK CORP CALL 494368903 9,929,044 177,900 sole sole sole KIMBERLY CLARK CORP PUT 494368953 2,561,794 45,900 sole sole sole KING PHARMACEUTICALS INC COMM 495582108 323,642 9,679 sole sole sole KLA-TENCOR CORP CALL 482480900 3,443,275 83,600 sole sole sole KLM ROYAL DUTCH AIR COMM 482516309 304,606 16,300 sole sole sole KNIGHT TRADING GROUP INC CALL 499063905 1,213,200 33,700 sole sole sole KNIGHT TRADING GROUP INC PUT 499063955 2,610,000 72,500 sole sole sole KNIGHT TRADING GROUP INC COMM 499063105 996,012 27,667 sole sole sole KOS PHARMACEUTICALS INC CALL 500648900 1,141,550 57,800 sole sole sole KOS PHARMACEUTICALS INC PUT 500648950 969,725 49,100 sole sole sole KULICK & SOFFA CORP 501242AC5 1,005,000 1,200 sole sole sole KULICKE & SOFFA INDUSTRIES PUT 501242951 271,625 20,500 sole sole sole INC KUSHNER-LOCKE CO NEW COMM 501337406 79,688 75,000 sole sole sole LAM RESEARCH CORP COMM 512807108 287,386 13,767 sole sole sole LAMAR ADVERTISING CO CL-A CALL 512815901 1,083,425 28,700 sole sole sole LAMAR ADVERTISING CO CL-A PUT 512815951 853,150 22,600 sole sole sole LAMAR ADVERTISING CO CL-A COMM 512815101 572,177 15,157 sole sole sole LAZARE KAPLAN INTL INC COMM 521078105 77,424 12,145 sole sole sole LCA-VISION INC NEW PUT 501803959 58,417 20,100 sole sole sole LCA-VISION INC NEW COMM 501803209 106,263 36,563 sole sole sole LEAP WIRELESS COMM 521863100 282,657 4,518 sole sole sole INTERNATIONAL IN LERNOUT & HAUSPIE SPEECH CALL B5628B954 2,322,513 177,800 sole sole sole PRODS LIFETIME HOAN CORP COMM 531926103 151,171 23,257 sole sole sole LILLY ELI & CO PUT 532457958 11,154,68 137,500 sole sole sole 8 LILLY ELI & CO COMM 532457108 2,336,400 28,800 sole sole sole LINEAR TECHNOLOGY CORP COMM 535678106 608,132 9,392 sole sole sole LOCKHEED MARTIN CORP CALL 539830909 3,480,576 105,600 sole sole sole LOCKHEED MARTIN CORP PUT 539830959 1,051,424 31,900 sole sole sole LORAL SPACE & COMM G56462107 1,582,700 258,400 sole sole sole COMMUNICATIONS LOUISIANA PACIFIC CALL 546347905 743,269 80,900 sole sole sole CORPORATION LOUISIANA PACIFIC PUT 546347955 1,436,925 156,400 sole sole sole CORPORATION LOUISIANA PACIFIC COMM 546347105 1,097,906 119,500 sole sole sole CORPORATION LTX CORP CALL 502392903 799,163 42,200 sole sole sole LTX CORP PUT 502392953 672,281 35,500 sole sole sole LUCENT TECHNOLOGIES INC. PUT 549463957 13,258,01 433,800 sole sole sole 3 LUCENT TECHNOLOGIES INC. COMM 549463107 21,248,15 695,236 sole sole sole 0 LYCOS INC CALL 550818908 2,447,500 35,600 sole sole sole LYCOS INC PUT 550818958 1,210,000 17,600 sole sole sole LYNX THERAPEUTICS INC CALL 551812908 297,469 9,500 sole sole sole LYNX THERAPEUTICS INC PUT 551812958 372,619 11,900 sole sole sole LYONDELL CHEMICAL CO CALL 552078907 551,644 46,700 sole sole sole LYONDELL CHEMICAL CO PUT 552078957 673,313 57,000 sole sole sole LYONDELL CHEMICAL CO COMM 552078107 421,706 35,700 sole sole sole MACROMEDIA INC COMM 556100105 246,207 3,049 sole sole sole MAI SYSTEMS CORP COMM 552620205 15,198 34,738 sole sole sole MAMAGNUM HUNTER RES WTS WARR 55972F120 153,750 60,000 sole sole sole MANAGED MUNICIPALS COMM 561662107 163,869 16,700 sole sole sole PORTFOLIO MANDALAY RESORT GROUP CALL 562567907 717,500 28,000 sole sole sole MARCH FIRST INC CALL 566244909 1,046,875 67,000 sole sole sole MARGO CARIBE INC. COMM 566605101 108,031 19,642 sole sole sole MARRIOTT INTERNTL INC CL-A CALL 571903902 2,900,425 79,600 sole sole sole MARRIOTT INTERNTL INC CL-A PUT 571903952 378,950 10,400 sole sole sole MASCO CORP CALL 574599906 603,450 32,400 sole sole sole MASCO CORP PUT 574599956 1,009,475 54,200 sole sole sole MASCO CORP COMM 574599106 663,050 35,600 sole sole sole MASTEC INC PUT 576323959 218,750 7,000 sole sole sole MATRIX SERVICE CO COMM 576853105 889,762 192,381 sole sole sole MATTEL INC CALL 577081902 306,538 27,400 sole sole sole MATTEL INC COMM 577081102 235,475 21,048 sole sole sole MAXIM INTERGRATED PRODS COMM 57772K101 698,761 8,687 sole sole sole INC MAXIM PHARMACEUTICALS INC CALL 57772M907 3,116,475 51,300 sole sole sole MBIA INC CALL 55262C900 5,860,700 82,400 sole sole sole MBIA INC PUT 55262C950 1,436,725 20,200 sole sole sole MC DATA CORP CL B CALL 580031902 2,113,450 17,200 sole sole sole MCCORMICK & CO NON-VTG CALL 579780906 1,192,975 40,100 sole sole sole MCDONALDS CORP CALL 580135901 1,539,563 51,000 sole sole sole MCDONALDS CORP PUT 580135951 4,374,169 144,900 sole sole sole MCDONALDS CORP COMM 580135101 2,490,469 82,500 sole sole sole MCLEODUSA INC COMM 582266102 176,416 12,326 sole sole sole MECHANICAL TECHNOLOGY INC COMM 583538103 215,586 19,824 sole sole sole MEDIA GEN INC COMM 584404107 571,255 13,285 sole sole sole MEDIAPLEX INC PUT 58446B955 58,575 14,200 sole sole sole MEDIAPLEX INC COMM 58446B105 206,922 50,163 sole sole sole MEDICINES COMPANY COMM 584688105 255,346 7,469 sole sole sole MEDIMMUNE INC COMM 584699102 924,065 11,962 sole sole sole MEDTRONIC, INC. CALL 585055906 5,642,381 108,900 sole sole sole MELLON FIN'L CORP CALL 58551A908 5,787,600 124,800 sole sole sole MELLON FIN'L CORP PUT 58551A958 3,074,663 66,300 sole sole sole MERCANTILE BANKSHARES CORP CALL 587405901 427,750 11,800 sole sole sole MERCK & CO INC CALL 589331907 5,158,519 69,300 sole sole sole MERIDICAN RESOURCES CORP COMM 58977Q109 3,476,000 505,600 sole sole sole MERIX CORP COMM 590049102 367,941 5,677 sole sole sole MERRILL LYNCH PIERCE CALL 590188908 17,734,20 268,700 sole sole sole FENNER & 0 METHODE ELECTRONICS CL A PUT 591520950 398,813 9,000 sole sole sole METHODE ELECTRONICS CL A A SH 591520200 564,364 12,736 sole sole sole METROMEDIA FIBER NETWORK COMM 591689104 1,609,206 66,359 sole sole sole INC MGI PROPERTIES COMM 552885105 321,575 135,400 sole sole sole MICRO DEVICES CONV 749941AA8 1,400,625 1,500 sole sole sole MICROCHIP TECHNOLOGY INC CALL 595017904 247,500 7,500 sole sole sole MICROMUSE INC CALL 595094903 5,825,375 29,000 sole sole sole MICRON TECHNOLOGY CORP PUT 595112953 3,335,000 72,500 sole sole sole MICRON TECHNOLOGY CORP COMM 595112103 2,247,560 48,860 sole sole sole MICROSOFT CORP PUT 594918954 42,490,15 704,500 sole sole sole 6 MICROSOFT CORP COMM 594918104 66,654,42 1,105,15 sole sole sole 0 1 MILLIPORE CORP. CALL 601073909 1,695,313 35,000 sole sole sole MILLIPORE CORP. PUT 601073959 1,186,719 24,500 sole sole sole MILLIPORE CORP. COMM 601073109 339,063 7,000 sole sole sole MIPS TECHNOLOGIES CL B COMM 604567206 216,293 5,618 sole sole sole MITCHAM INDUSTRIES COMM 606501104 411,184 69,252 sole sole sole MORGAN STANLEY DEAN WITTE COMM 61745P437 185,925 22,200 sole sole sole MUNI MORGAN STANLEY DEAN WITTER COMM 61745P460 135,938 15,000 sole sole sole MORGAN STANLEY DEAN WITTER COMM 61745P502 209,000 15,200 sole sole sole MORGAN STANLEY DEAN WITTER COMM 61745P791 236,250 18,000 sole sole sole MORGAN STANLEY DEAN WITTER CALL 617446908 18,918,41 206,900 sole sole sole CO 9 MORGAN STANLEY DEAN WITTER PUT 617446958 13,523,60 147,900 sole sole sole CO 6 MOTO PHOTO INC COMM 619821101 57,590 61,429 sole sole sole MOTOROLA INC PUT 620076959 60,412,62 2,138,50 sole sole sole 5 0 MOTOROLA INC COMM 620076109 56,917,73 2,014,78 sole sole sole 3 7 MOVIE STAR INC COMM 624591103 8,791 11,721 sole sole sole MUNICIPAL ADVANTAGE FUND COMM 626189104 135,575 11,600 sole sole sole INC MUNICIPAL PARTNERS FUND COMM 62622C101 228,000 19,200 sole sole sole INC MUNIHOLDINGS NEW YORK COMM 625931100 415,892 32,619 sole sole sole INSURED MUNIVEST FUND COMM 626295109 249,719 30,500 sole sole sole MUNIVEST FUND II INC COMM 62629P105 238,688 20,100 sole sole sole MUNIYIELD FLORIDA FUND COMM 626297105 440,519 38,306 sole sole sole MUNIYIELD INSURED FUND INC COMM 62630J106 327,812 27,036 sole sole sole MUNIYIELD NY INSURED FUND COMM 626301105 496,395 39,514 sole sole sole INC MUNIYIELD PENNSYVANIA FUND COMM 62630V109 183,750 15,000 sole sole sole MUSICLAND STORES CORP CALL 62758B909 359,481 50,900 sole sole sole MUSICLAND STORES CORP PUT 62758B959 165,969 23,500 sole sole sole NAPRO BIOTHERAPEUTICS INC COMM 630795102 211,886 23,300 sole sole sole NASDAQ-100 SHARES EXCH 631100104 461,175 5,200 sole sole sole NATIONAL DATA CORP CALL 635621905 856,406 26,100 sole sole sole NATIONAL WIRELESS HOLDINGS COMM 638560102 937,025 50,650 sole sole sole INC NAUTICA ENTERPRISES INC CALL 639089901 261,338 20,200 sole sole sole NAUTICA ENTERPRISES INC PUT 639089951 175,950 13,600 sole sole sole NAUTICA ENTERPRISES INC COMM 639089101 188,655 14,582 sole sole sole NAVIGANT INTERNATIONAL COMM 63935R108 193,539 19,115 sole sole sole NBC INTERNET INC CL-A COMM 62873D105 526,482 80,609 sole sole sole NEOFORMA.COM INC COMM 640475109 128,686 34,898 sole sole sole NETEGRITY INC COMM 64110P107 354,051 5,022 sole sole sole NETIQ CORP. CALL 64115P902 3,868,994 58,900 sole sole sole NETIQ CORP. PUT 64115P952 768,544 11,700 sole sole sole NETRADIO COMM 64114E108 159,180 115,767 sole sole sole NETWORK ACCESS SOLUTIONS COMM 64120S109 172,310 41,772 sole sole sole CORP NETWORK APPLIANCE INC COMM 64120L104 1,634,221 12,830 sole sole sole NETWORK COMM INC CALL 64122T905 158,864 28,400 sole sole sole NETWORK COMM INC COMM 64122T105 220,754 39,464 sole sole sole NETWORK PERIPHERALS INC PUT 64121R950 1,234,744 72,900 sole sole sole NETWORK PERIPHERALS INC COMM 64121R100 940,167 55,508 sole sole sole NEW CHINA HOMES LTD WARR G6445R111 21,613 24,700 sole sole sole NEW ERA OF NETWORKS INC PUT 644312950 1,140,256 46,900 sole sole sole NEW ERA OF NETWORKS INC COMM 644312100 686,220 28,225 sole sole sole NEW WORLD COFFEE-MAHTTAN COMM 648904209 806,005 496,003 sole sole sole BAGEL NEWFIELD EXPLORATION CO CALL 651290908 261,450 5,600 sole sole sole NEWFIELD EXPLORATION CO PUT 651290958 1,900,181 40,700 sole sole sole NEWFIELD FIN'L TR PFD PREF 651291205 2,100,000 30,000 sole sole sole NEWMONT MINING CORP PUT 651639956 204,000 12,000 sole sole sole (HOLDING C NEWMONT MINING CORP COMM 651639106 2,973,793 174,929 sole sole sole (HOLDING C NEWPORT CORP PUT 651824954 637,000 4,000 sole sole sole NEWPORT CORP COMM 651824104 250,819 1,575 sole sole sole NEWS CORP LTD ADR NEW AMER 652487703 308,344 5,500 sole sole sole NEWS CORP LTD ADS (EACH PREF 652487802 1,406,250 30,000 sole sole sole REP NEXMED INC COMM 652903105 226,458 11,726 sole sole sole NEXT LEVEL COMMUNICATIONS CALL 65333U904 1,944,075 29,400 sole sole sole INC NEXT LEVEL COMMUNICATIONS PUT 65333U954 4,926,313 74,500 sole sole sole INC NEXT LEVEL COMMUNICATIONS COMM 65333U104 1,231,909 18,630 sole sole sole INC NEXTEL COMMUNICATIONS INC COMM 65332V103 1,665,656 35,629 sole sole sole CL-A NEXTLINK COMMUNICATIONS A SH 65333H707 260,247 7,396 sole sole sole INC NOBLE AFFILIATES INC CALL 654894904 5,308,875 143,000 sole sole sole NOBLE AFFILIATES INC PUT 654894954 1,574,100 42,400 sole sole sole NOBLE DRILLING CORP CALL 655042909 6,085,275 121,100 sole sole sole NOKIA CORP AMER 654902204 3,670,713 92,200 sole sole sole NORTHERN TECH INT'L CORP COMM 665809109 74,912 10,514 sole sole sole NOTIFY TECHNOLOGY CORP. CL WARR 669956112 112,726 100,201 sole sole sole A NOVELLUS SYS INC CALL 670008901 1,569,156 33,700 sole sole sole NQL INC COMM 629369109 116,955 40,680 sole sole sole NUVEEN INSD QUAL MUN FD COMM 67062N103 160,038 11,800 sole sole sole INC NUVEEN INSURED FLA PREMIUM COMM 67101V108 157,500 12,000 sole sole sole NUVEEN NY MUNICIPLE VALUE COMM 67062M105 96,250 11,000 sole sole sole NUVEEN PA PREM INCOME MUN COMM 67061F101 157,500 12,600 sole sole sole FD-2 NUVEEN PREM INCOME MUNI COMM 6706K4105 198,231 16,100 sole sole sole FND4 NUVEEN PREMIUM INCOME COMM 67063W102 275,225 20,200 sole sole sole NUWAVE TECHNOLOGIES INC COMM 67065M102 78,750 45,000 sole sole sole OAKLEY, INC. CALL 673662902 1,399,731 79,700 sole sole sole OFFICEMAX INC COMM 67622M108 142,500 40,000 sole sole sole OMNICARE INC CALL 681904908 743,363 46,100 sole sole sole OMNICARE INC PUT 681904958 216,075 13,400 sole sole sole ONI SYS CORP COMM 68273F103 1,661,084 19,245 sole sole sole OPEN MARKET INC COMM 68370M100 119,906 19,185 sole sole sole OPENTV CORP PUT G67543951 1,818,675 54,800 sole sole sole OPENTV CORP COMM G67543101 2,071,000 62,403 sole sole sole ORACLE INC. CALL 68389X905 16,104,37 204,500 sole sole sole 5 ORACLE INC. PUT 68389X955 11,938,50 151,600 sole sole sole 0 ORAPHARMA INC COMM 68554E106 641,265 49,807 sole sole sole ORIOLE HOMES CORP PREF 686264201 82,059 65,647 sole sole sole OSI PHARMACEUTICALS+ CALL 671040903 12,933,53 184,600 sole sole sole 8 OWENS CORNING CALL 69073F903 57,750 22,000 sole sole sole OWENS CORNING PUT 69073F953 195,038 74,300 sole sole sole OWENS CORNING COMM 69073F103 158,550 60,400 sole sole sole PACCAR INC CALL 693718908 2,609,200 70,400 sole sole sole PACIFIC GULF PROPERTIES COMM 694396102 347,750 13,000 sole sole sole PALM INC PUT 696642957 502,906 9,500 sole sole sole PALM INC COMM 696642107 270,193 5,104 sole sole sole PANAMSAT CORP (NEW) CALL 697933909 1,463,063 45,900 sole sole sole PANAMSAT CORP (NEW) PUT 697933959 239,063 7,500 sole sole sole PAPA JOHNS INT'L INC CALL 698813902 1,035,000 41,400 sole sole sole PARADIGM MED INDS INC WTS WARR 69900Q116 18,363 22,600 sole sole sole PARALLEL PETE CORP NEW-DEL COMM 699157103 200,700 44,600 sole sole sole PARAMETRIC TECHNOLOGY CORP PUT 699173950 2,615,156 239,100 sole sole sole PARAMETRIC TECHNOLOGY CORP COMM 699173100 1,800,367 164,605 sole sole sole PARK PLACE ENTERTAINMENT CALL 700690900 378,125 25,000 sole sole sole CORP PARKER DRILLING CO CALL 701081901 545,300 77,900 sole sole sole PARKER DRILLING CO PUT 701081951 108,500 15,500 sole sole sole PAYCHEX INC CALL 704326907 6,212,813 117,500 sole sole sole PAYCHEX INC PUT 704326957 1,916,719 36,250 sole sole sole P-COM INC PUT 693262957 440,563 66,500 sole sole sole P-COM INC COMM 693262107 377,857 57,035 sole sole sole PE CORP CELERA GENOMICS CALL 69332S901 3,297,588 33,100 sole sole sole GRP PE CORP CELERA GENOMICS PUT 69332S951 2,570,325 25,800 sole sole sole GRP PEDIATRIX MEDICAL GROUP CALL 705324901 1,342,913 103,800 sole sole sole INC PEDIATRIX MEDICAL GROUP PUT 705324951 467,044 36,100 sole sole sole INC PENNEY J C INC PUT 708160956 3,047,625 258,000 sole sole sole PENNEY J C INC COMM 708160106 3,827,250 324,000 sole sole sole PEP BOYS MANNY MOE & JACK CALL 713278909 181,500 36,300 sole sole sole PEP BOYS MANNY MOE & JACK PUT 713278959 668,000 133,600 sole sole sole PEP BOYS MANNY MOE & JACK COMM 713278109 625,000 125,000 sole sole sole PEPSI BOTTLING GROUP INC CALL 713409900 955,988 31,800 sole sole sole (THE) PEPSICO INC CALL 713448908 4,365,400 94,900 sole sole sole PEPSICO INC PUT 713448958 2,139,000 46,500 sole sole sole PERKIN ELMER INC ZERO 714046AA7 2,040,000 3,000 sole sole sole PERKINELMER INC CALL 714046909 2,880,750 27,600 sole sole sole PERKINELMER INC PUT 714046959 2,056,188 19,700 sole sole sole PEROT SYSTEMS CORP CALL 714265905 291,325 27,100 sole sole sole PEROT SYSTEMS CORP PUT 714265955 780,450 72,600 sole sole sole PEROT SYSTEMS CORP COMM 714265105 288,100 26,800 sole sole sole PETROLEO BRASILEIRO S.A. COMM 71654V408 300,625 10,000 sole sole sole PRTRO PETROQUEST ENERGY INC COMM 716748108 918,775 282,700 sole sole sole PETSMART INC COMM 716768106 392,194 83,668 sole sole sole PFIZER INC CALL 717081903 54,068,80 1,203,20 sole sole sole 0 0 PFS WEB INC COMM 717098107 73,505 35,639 sole sole sole PG & CORP COMM 69331C108 1,052,156 43,500 sole sole sole PHARMACIA CORP PUT 71713U952 529,650 8,800 sole sole sole PHARMACIA CORP COMM 71713U102 233,768 3,884 sole sole sole PHC INC (MASS) CL-A COMM 693315103 15,027 28,283 sole sole sole PHELPS DODGE CORP COMM 717265102 580,325 13,900 sole sole sole PHONE.COM INC PUT 71920Q950 570,000 5,000 sole sole sole PHONE.COM INC COMM 71920Q100 1,478,694 12,971 sole sole sole PIER 1 IMPORTS INC CALL 720279908 1,306,069 96,300 sole sole sole PIER 1 IMPORTS INC PUT 720279958 138,338 10,200 sole sole sole PITNEY BOWES INC CALL 724479900 10,289,24 260,900 sole sole sole 4 PITNEY BOWES INC PUT 724479950 4,231,644 107,300 sole sole sole PITNEY BOWES INC COMM 724479100 291,995 7,404 sole sole sole PLACER DOME INC COMM 725906101 3,738,194 396,100 sole sole sole PMC-SIERRA INC CALL 69344F906 9,018,975 41,900 sole sole sole PMC-SIERRA INC PUT 69344F956 10,310,47 47,900 sole sole sole 5 POGO PRODUCING COMPANY COMM 730448107 304,500 12,000 sole sole sole POLYMEDICA CORP COMM 731738100 311,616 7,268 sole sole sole POPULAR INC CALL 733174906 2,243,700 83,100 sole sole sole POPULAR INC PUT 733174956 1,611,900 59,700 sole sole sole POTLATCH CORP CALL 737628907 1,489,538 47,100 sole sole sole POTLATCH CORP PUT 737628957 442,750 14,000 sole sole sole POWER-ONE INC PUT 739308954 3,847,800 63,600 sole sole sole POWER-ONE INC COMM 739308104 8,555,366 141,411 sole sole sole POWERTEL INC COMM 73936C109 456,549 6,042 sole sole sole PRECISION CAST PARTS CALL 740189905 1,726,875 45,000 sole sole sole PRI AUTOMATION INC COMM 69357H106 488,175 26,036 sole sole sole PRICE COMMUNICATIONS CORP PUT 741437955 3,560,375 182,000 sole sole sole PRICE COMMUNICATIONS CORP COMM 741437305 2,198,825 112,400 sole sole sole PRICELINE.COM INC CALL 741503906 176,250 15,000 sole sole sole PRICELINE.COM INC PUT 741503956 117,500 10,000 sole sole sole PRIME HOSPITALITY CORP CALL 741917908 758,363 74,900 sole sole sole PRIME HOSPITALITY CORP PUT 741917958 129,600 12,800 sole sole sole PRIORITY HEALTHCARE CORP CALL 74264T902 1,933,575 25,400 sole sole sole PRIVATE MEDIA GROUP LTD COMM 74266R104 89,890 16,160 sole sole sole PRODIGY COMMUNICATIONS A SH 74283P206 59,849 11,822 sole sole sole CORP PROTEIN DESIGN LABS INC COMM 74369L103 609,034 5,070 sole sole sole PROVIDENCE ENERGY CORP COMM 743743106 2,656,588 62,600 sole sole sole PROVIDIAN FIN'L CORP PUT 74406A952 254,000 2,000 sole sole sole PROVIDIAN FIN'L CORP CORP 74406AAA0 1,118,750 1,000 sole sole sole PRWW LTD COMM 693591109 348,813 31,354 sole sole sole PSS WORLD MEDICAL COMM 69366A100 86,790 23,942 sole sole sole PTEK HOLDINGS INC CALL 69366M904 45,938 15,000 sole sole sole PUBLICARD INC COMM 744627100 194,725 94,412 sole sole sole PURCHASE PRO.COM.INC CALL 746144904 21,344,83 242,900 sole sole sole 8 PURINA MLS INC (NEW) COMM 746276104 133,219 14,023 sole sole sole PYRAMID BREWERIES INC COMM 747135101 47,963 20,195 sole sole sole QLOGIC CORP CALL 747277901 4,628,800 52,600 sole sole sole QLOGIC CORP PUT 747277951 11,554,40 131,300 sole sole sole 0 QLOGIC CORP COMM 747277101 6,473,808 73,566 sole sole sole QUALCOMM INC CALL 747525903 10,794,37 151,500 sole sole sole 5 QUOKKA SPORTS COMM 749077103 47,384 11,939 sole sole sole QWEST COMMUNICATIONS INTL PUT 749121959 23,733,26 493,800 sole sole sole INC 3 QWEST COMMUNICATIONS INTL COMM 749121109 20,364,65 423,712 sole sole sole INC 8 RADYNE COMSTREAM INC WARR 750611147 122,993 31,740 sole sole sole RAINFOREST CAFE INC PUT 75086K954 121,252 40,000 sole sole sole RAY JAMES FINL INC CALL 754730909 2,542,775 77,200 sole sole sole READ-RITE CORP PUT 755246955 282,700 25,700 sole sole sole READ-RITE CORP COMM 755246105 276,265 25,115 sole sole sole RECOTON CORP CALL 756268908 1,241,281 78,500 sole sole sole RECOTON CORP PUT 756268958 173,938 11,000 sole sole sole RED HAT INC PUT 756577952 221,000 13,000 sole sole sole REEBOK INTL LTD PUT 758110950 1,634,806 86,900 sole sole sole REEBOK INTL LTD COMM 758110100 566,256 30,100 sole sole sole RELIANCE GROUP HLDGS INC CALL 759464900 5,095 25,100 sole sole sole RELIANCE GROUP HLDGS INC COMM 759464100 11,165 55,000 sole sole sole REPUBLIC BANCORP INC COMM 760282103 108,291 11,399 sole sole sole REPUBLIC BANCSHARES INC COMM 759929102 105,471 10,958 sole sole sole RESMED INC CALL 761152907 1,796,875 57,500 sole sole sole REVLON INC CL A CALL 761525900 580,475 86,800 sole sole sole REVLON INC CL A PUT 761525950 102,988 15,400 sole sole sole RICHMOND CNTY FIN CORP COMM 764556106 247,450 10,257 sole sole sole RITE AID CORP PUT 767754954 2,716,800 679,200 sole sole sole RITE AID CORP COMM 767754104 2,137,600 534,400 sole sole sole RJR REYNOLDS TABACCO CALL 76182K905 1,489,950 46,200 sole sole sole HOLDINGS RJR REYNOLDS TABACCO PUT 76182K955 293,475 9,100 sole sole sole HOLDINGS ROWAN COS INC CALL 779382900 368,300 12,700 sole sole sole ROWAN COS INC COMM 779382100 429,200 14,800 sole sole sole ROYAL DUTCH PETROLEUM CO CALL 780257904 1,606,325 26,800 sole sole sole ROYAL DUTCH PETROLEUM CO PUT 780257954 4,795,000 80,000 sole sole sole ROYAL DUTCH PETROLEUM CO COMM 780257804 2,211,694 36,900 sole sole sole ROYAL PTT NEDERLAND NV ADS AMER 780641205 944,948 43,697 sole sole sole RPM, INC. CALL 749685903 292,719 32,300 sole sole sole RPM, INC. PUT 749685953 180,344 19,900 sole sole sole RPM, INC. COMM 749685103 270,969 29,900 sole sole sole RUSSELL CORPORATION CALL 782352908 325,438 20,500 sole sole sole S3 INC CALL 784849901 678,563 65,800 sole sole sole S3 INC PUT 784849951 1,146,750 111,200 sole sole sole S3 INC COMM 784849101 412,572 40,007 sole sole sole SABRE HOLDINGS CORP. CALL 785905900 289,375 10,000 sole sole sole SAFECO CORP COM CALL 786429900 921,050 33,800 sole sole sole SAFECO CORP COM PUT 786429950 1,877,525 68,900 sole sole sole SAFECO CORP COM COMM 786429100 959,064 35,195 sole sole sole SAFEGUARD SCIENTIFIC INC PUT 786449958 5,014,281 251,500 sole sole sole SAFEGUARD SCIENTIFIC INC COMM 786449108 4,794,969 240,500 sole sole sole SAFEWAY INC (NEW) PUT 786514958 280,125 6,000 sole sole sole SAFEWAY INC (NEW) COMM 786514208 280,125 6,000 sole sole sole SAKS INC PUT 79377W958 140,225 14,200 sole sole sole SAKS INC COMM 79377W108 143,425 14,524 sole sole sole SALIENT 3 COMMUNICATIONS A SH 794721100 257,563 103,025 sole sole sole CL-A SANCHEZ COMPUTER ASSOCS CALL 799702905 382,838 24,600 sole sole sole INC SANCHEZ COMPUTER ASSOCS PUT 799702955 510,450 32,800 sole sole sole INC SANCHEZ COMPUTER ASSOCS COMM 799702105 437,726 28,127 sole sole sole INC SANDISK CORP COMM 80004C101 307,296 4,608 sole sole sole SANMINA CORP PUT 800907957 1,853,775 19,800 sole sole sole SANMINA CORP COMM 800907107 16,510,20 176,344 sole sole sole 7 SANMINA CORP CORP 800907AC1 1,685,000 4,000 sole sole sole SANMINA CORP CORP 800907AB3 2,212,500 1,000 sole sole sole SBA COMMUNICATIONS CALL 78388J906 754,875 18,000 sole sole sole SBA COMMUNICATIONS PUT 78388J956 1,635,563 39,000 sole sole sole SBC COMMUNICATIONS INC CALL 78387G903 7,065,000 141,300 sole sole sole SBC COMMUNICATIONS INC PUT 78387G953 10,290,00 205,800 sole sole sole 0 SCHERING PLOUGH CORP CALL 806605901 4,859,250 104,500 sole sole sole SCHERING PLOUGH CORP PUT 806605951 19,636,95 422,300 sole sole sole 0 SCHERING PLOUGH CORP COMM 806605101 7,179,600 154,400 sole sole sole SCHLUMBERGER LTD CALL 806857908 9,465,938 115,000 sole sole sole SCHWAB CHARLES CORP NEW CALL 808513905 355,000 10,000 sole sole sole SCHWAB CHARLES CORP NEW PUT 808513955 355,000 10,000 sole sole sole SCI SYSTEMS INC CORP 783890AF3 850,000 1,000 sole sole sole SCITEX CORP LTD CALL 809090903 245,000 20,000 sole sole sole SDL INC COMM 784076101 707,779 2,285 sole sole sole SEA CONTAINER LTD CL A A SH 811371707 343,440 14,732 sole sole sole SEACOAST FINANCIAL COMM 81170Q106 145,200 13,200 sole sole sole SERVICES SEALED AIR CORP CV PFD A COMM 81211K209 981,000 21,800 sole sole sole SEALED AIR CORP NEW CALL 81211K900 2,588,300 57,200 sole sole sole SEALED AIR CORP NEW PUT 81211K950 1,095,050 24,200 sole sole sole SECURITY CAP CORP CL A NEW COMM 814131405 88,742 13,395 sole sole sole SEGUE SOFTWARE INC COMM 815807102 289,789 33,844 sole sole sole SEMTECH CORP COMM 816850101 362,280 8,756 sole sole sole SEPRACOR INC CORP 817315AJ3 1,497,500 1,000 sole sole sole SERANOVA INC COMM 817476104 110,075 21,092 sole sole sole SERVICEMASTER CO CALL 81760N909 1,114,888 112,900 sole sole sole SERVICEMASTER CO PUT 81760N959 126,400 12,800 sole sole sole SHARPER IMAGE CORP PUT 820013950 396,913 22,600 sole sole sole SHARPER IMAGE CORP COMM 820013100 758,103 43,166 sole sole sole SHAW INDUSTRIES INC COMM 820286102 2,775,000 150,000 sole sole sole SHOP AT HOME INC (NEW) CALL 825066901 270,038 113,700 sole sole sole SHOP AT HOME INC (NEW) PUT 825066951 67,450 28,400 sole sole sole SHOP AT HOME INC (NEW) COMM 825066301 48,103 20,254 sole sole sole SHUFFLE MASTER INC PUT 825549958 209,250 10,800 sole sole sole SI CORP PUT 78463B951 1,399,075 117,200 sole sole sole SI CORP COMM 78463B101 1,247,958 104,541 sole sole sole SIGA TECHNOPLOGIES INC COMM 826917106 132,300 35,280 sole sole sole SILICON GRAPHICS CALL 827056902 66,000 16,000 sole sole sole SILICON GRAPHICS PUT 827056952 82,088 19,900 sole sole sole SILICON IMAGE INC COMM 82705T102 490,124 19,803 sole sole sole SKY FIN'L GROUP COMM 83080P103 242,572 13,666 sole sole sole SMITH INTL INC CALL 832110900 8,743,500 107,200 sole sole sole SMITH INTL INC PUT 832110950 3,132,000 38,400 sole sole sole SOFTNET SYSTEMS INC PUT 833964959 143,251 24,000 sole sole sole SOFTNET SYSTEMS INC COMM 833964109 189,635 31,771 sole sole sole SOLECTRON CORP CALL 834182907 2,356,988 51,100 sole sole sole SOLECTRON CORP. ZERO 834182AK3 2,010,000 3,000 sole sole sole SONERA CORP.ADS COMM 835433202 706,318 27,973 sole sole sole SONIC CORP CALL 835451905 307,369 9,700 sole sole sole SONIC FOUNDRY INC PUT 83545R958 200,575 22,600 sole sole sole SONIC FOUNDRY INC COMM 83545R108 112,180 12,640 sole sole sole SONUS NETWORKS INC PUT 835916957 8,163,825 64,600 sole sole sole SONUS NETWORKS INC COMM 835916107 5,240,771 41,470 sole sole sole SONY CORP PUT 835699957 7,348,250 72,800 sole sole sole SONY CORP COMM 835699307 8,266,781 81,900 sole sole sole SOTHEBYS HOLDINGS INC CALL 835898907 1,567,125 63,000 sole sole sole SOUTHERN CO CALL 842587907 1,054,219 32,500 sole sole sole SOUTHTRUST CORP COMM 844730101 313,306 9,966 sole sole sole SOUTHWEST BANCORP OF TEXAS CALL 84476R909 411,863 12,600 sole sole sole INC SPECTRA SITE HOLDINGS CALL 84760T900 229,400 12,400 sole sole sole SPECTRA SITE HOLDINGS PUT 84760T950 231,250 12,500 sole sole sole SPECTRA SITE HOLDINGS COMM 84760T100 502,849 27,181 sole sole sole SPECTRIAN CORP PUT 847608956 348,888 22,600 sole sole sole SPECTRIAN CORP COMM 847608106 262,808 17,024 sole sole sole SPEEDUS.COM.TO COMM 847723103 293,346 146,673 sole sole sole SPIEGEL INC CALL 848457907 215,063 31,000 sole sole sole SPIEGEL INC PUT 848457957 536,963 77,400 sole sole sole SPIEGEL INC COMM 848457107 249,917 36,024 sole sole sole SPINNAKER INDUS INC (NEW) COMM 848926200 257,862 29,897 sole sole sole SPINNAKER INDUSTRIES INC A SH 848926101 177,356 18,669 sole sole sole CL-A SPLASH TECHNOLOGY HOLDINGS COMM 848623104 691,586 74,766 sole sole sole INC SPRINT CORP PUT 852061950 17,197,64 586,700 sole sole sole 4 SPRINT CORP COMM 852061100 12,043,92 410,880 sole sole sole 0 SPRINT CORP (PCS GROUP) CALL 852061906 2,082,713 59,400 sole sole sole SPRINT CORP (PCS GROUP) PUT 852061956 4,221,525 120,400 sole sole sole SPRINT CORP (PCS GROUP) COMM 852061506 1,474,729 42,060 sole sole sole SPX CORPORATION CALL 784635904 738,075 5,200 sole sole sole SPX CORPORATION PUT 784635954 880,013 6,200 sole sole sole STANDARD AUTO CV PFD CONV 853097202 170,775 19,800 sole sole sole STANDARD PACIFIC CORP CALL 85375C901 307,800 17,100 sole sole sole STANDARD PACIFIC CORP PUT 85375C951 372,600 20,700 sole sole sole STARBUCKS CORP COMM 855244109 236,850 5,912 sole sole sole STERICYCLE INC CALL 858912908 510,563 21,000 sole sole sole STERICYCLE INC PUT 858912958 201,794 8,300 sole sole sole STERIS CORP CALL 859152900 681,600 56,800 sole sole sole STERIS CORP PUT 859152950 520,800 43,400 sole sole sole STEWART ENTERPRISES INC CL-COMM 860370105 156,000 80,516 sole sole sole A STMICROELECTRONICS N.V. COMM 861012102 3,257,550 68,400 sole sole sole STOLT OFFSHORE SA ADS AMER 861567105 999,275 79,942 sole sole sole STONEHAVENREALTYTRU@ COMM 861921104 44,182 18,603 sole sole sole STRATEGIC DIAGNOSTICS INC COMM 862700101 53,666 23,207 sole sole sole STRATOS LIGHTWAVE INC CALL 863100903 1,220,538 37,700 sole sole sole SUIZA FOODS CORP CALL 865077901 3,963,763 78,200 sole sole sole SUN MICROSYSTEMS INC CALL 866810904 20,690,23 175,900 sole sole sole 8 SUN MICROSYSTEMS INC PUT 866810954 2,129,013 18,100 sole sole sole SUNBEAM CORP PUT 867071952 118,125 90,000 sole sole sole SUPERIOR TELECOM INC COMM 868365107 122,748 20,458 sole sole sole SURGE COMPONENTS INC WTS WARR 868908112 25,080 16,720 sole sole sole SYCAMORE NETWORKS INC PUT 871206958 1,982,600 18,400 sole sole sole SYCAMORE NETWORKS INC COMM 871206108 847,777 7,868 sole sole sole SYNAGRO TECHNOLOGIES INC COMM 871562203 213,333 71,111 sole sole sole SYNAVANT INC COMM 87157A105 83,587 12,499 sole sole sole SYNOPSYS INC COMM 871607107 527,333 13,946 sole sole sole SYSTEM & COMPUTER TECHNGY CALL 871873905 1,278,800 73,600 sole sole sole CORP TACO CABANA INC CL-A COMM 873425102 156,196 36,752 sole sole sole TAIWAN SEMICONDUCTOR MANU COMM 874039100 1,630,000 80,000 sole sole sole LTD TALK.COM INC CALL 874264904 45,063 10,300 sole sole sole TALK.COM INC PUT 874264954 205,625 47,000 sole sole sole TALK.COM INC COMM 874264104 138,447 31,645 sole sole sole TARGET CORP PUT 87612E956 7,116,063 277,700 sole sole sole TARGET CORP COMM 87612E106 8,804,340 343,584 sole sole sole TEAM AMERICA CORP COMM 878153105 52,804 12,998 sole sole sole TECHNOLOGY FLAVORS & COMM 87869A104 41,943 27,962 sole sole sole FRAGRANCE TECHNOLOGY SECTOR SPDR EXCH 81369Y803 9,275,000 200,000 sole sole sole TECO ENERGY INC CALL 872375900 2,642,125 91,900 sole sole sole TECO ENERGY INC PUT 872375950 506,000 17,600 sole sole sole TELEFONOS DE MEXICO COMM 879403780 7,754,738 145,800 sole sole sole TELEFONOS DE MEXICO,S.A. CORP 879403AD5 2,485,000 2,000 sole sole sole TELEGLOBE INC (F) CALL 87941V900 1,060,500 50,500 sole sole sole TELEGLOBE INC (F) PUT 87941V950 499,800 23,800 sole sole sole TELLABS INC CALL 879664900 2,893,650 60,600 sole sole sole TELLABS INC PUT 879664950 3,051,225 63,900 sole sole sole TELLABS INC COMM 879664100 2,993,877 62,699 sole sole sole TEMPLE INLAND INC CALL 879868907 1,776,338 46,900 sole sole sole TEMPLE INLAND INC PUT 879868957 1,011,263 26,700 sole sole sole TEMPLE INLAND INC COMM 879868107 367,388 9,700 sole sole sole TERREMARK WORLDWIDE, INC COMM 881448104 114,500 44,902 sole sole sole TEXACO INC CALL 881694903 4,357,500 83,000 sole sole sole TEXAS BIOTECH NEW WTS WARR 88221T120 555,750 74,100 sole sole sole TEXAS INSTRS INC PUT 882508954 2,165,906 45,900 sole sole sole TEXAS INSTRS INC COMM 882508104 1,371,080 29,056 sole sole sole TEXAS REGL BANCSHARES INC COMM 882673106 244,593 8,620 sole sole sole CL A THE 3DO COMPANY CALL 88553W905 84,656 12,900 sole sole sole THE 3DO COMPANY PUT 88553W955 446,906 68,100 sole sole sole THE 3DO COMPANY COMM 88553W105 394,675 60,141 sole sole sole THE ESTEE LAUDER CO. INC. PUT 518439954 1,922,813 52,500 sole sole sole THE GAP INC COMM 364760108 662,113 32,900 sole sole sole THE ITALY FUND INC COMM 465395101 4,235,555 244,653 sole sole sole THE PENN TRAFFIC CO. WTS. WARR 707832119 16,038 21,384 sole sole sole THE PHILIP MORRIS CALL 718154907 14,736,41 500,600 sole sole sole COMPANIES 3 THE PHILIP MORRIS PUT 718154957 35,631,15 1,210,40 sole sole sole COMPANIES 0 0 THE PHILIP MORRIS COMM 718154107 3,120,375 106,000 sole sole sole COMPANIES THE PROCTER & GAMBLE CALL 742718909 25,540,40 381,200 sole sole sole COMPANY 0 THE PROCTER & GAMBLE PUT 742718959 7,041,700 105,100 sole sole sole COMPANY THE STREET . COM INC COMM 88368Q103 55,946 12,973 sole sole sole THE TOPPS CO INC PUT 890786956 203,963 22,200 sole sole sole THE TOPPS CO INC COMM 890786106 416,690 45,354 sole sole sole THE WALT DISNEY COMPANY CALL 254687906 43,754,17 1,143,90 sole sole sole 5 0 THE WALT DISNEY COMPANY PUT 254687956 826,200 21,600 sole sole sole THERMO CARDIOSYSTEMS INC PUT 88355K950 423,881 48,100 sole sole sole THERMO CARDIOSYSTEMS INC COMM 88355K200 407,138 46,200 sole sole sole THERMO ELECTRON CORP CALL 883556902 3,237,000 124,500 sole sole sole THERMO FIBERGEN INC COMM 88355U109 216,000 18,000 sole sole sole THERMO FIBERGEN INC RTS RIGH 88355U117 15,650 125,200 sole sole sole THQ INC (DE) PUT 872443953 440,563 19,000 sole sole sole TIFFANY & CO NEW CALL 886547908 2,896,044 75,100 sole sole sole TIFFANY & CO NEW PUT 886547958 389,481 10,100 sole sole sole TIME WARNER INC. CALL 887315909 31,276,52 399,700 sole sole sole 5 TIME WARNER INC. PUT 887315959 3,388,225 43,300 sole sole sole TIME WARNER TELECOM INC CALL 887319901 1,333,425 27,600 sole sole sole TIME WARNER TELECOM INC PUT 887319951 729,519 15,100 sole sole sole TIME WARNER TELECOM INC COMM 887319101 238,615 4,939 sole sole sole TITAN CORP COMM 888266103 183,150 11,100 sole sole sole TOLL BROS INC PUT 889478953 3,403,125 99,000 sole sole sole TOLL BROS INC COMM 889478103 1,100,000 32,000 sole sole sole TOMMY HILFIGER CP CALL G8915Z902 96,250 10,000 sole sole sole TOMMY HILFIGER CP PUT G8915Z952 96,250 10,000 sole sole sole TOSCO CORP NEW CALL 891490902 283,806 9,100 sole sole sole TOSCO CORP NEW COMM 891490302 392,963 12,600 sole sole sole TOTAL FINA ELF S.A. ADR AMER 89151E109 903,281 12,300 sole sole sole TRANS WORLD AIRLINES INC CALL 893349907 561,216 292,300 sole sole sole TRANSPORTACION MARITIMA AMER 893868307 552,825 70,200 sole sole sole ADR TRANSWORLD HEALTHCARE INC COMM 894081108 23,162 16,845 sole sole sole TREX MEDICAL CORP COMM 89531R101 170,500 136,400 sole sole sole TRICO MARINE SERVICES INC CALL 896106901 3,138,488 197,700 sole sole sole TRICO MARINE SERVICES INC PUT 896106951 684,213 43,100 sole sole sole TRIO TECH INTERNATIONAL COMM 896712205 462,600 77,100 sole sole sole (NEW) TRITON ENERGY LTD ORD PUT G90751951 390,000 10,000 sole sole sole TRITON ENERGY LTD ORD ORDI G90751101 468,000 12,000 sole sole sole TYCO INT'L LTD NEW PUT 902124956 34,491,68 664,900 sole sole sole 8 TYCO INT'L LTD NEW COMM 902124106 22,690,38 437,405 sole sole sole 4 TYSON FOODS INC CL-A DELA. CALL 902494903 130,000 13,000 sole sole sole U.S. ENERGY SYSTEMS WTS WARR 902951110 28,615 17,609 sole sole sole U.S.X MARATHON GROUP CALL 902905907 3,036,125 107,000 sole sole sole U.S.X MARATHON GROUP PUT 902905957 4,948,600 174,400 sole sole sole U.S.X MARATHON GROUP COMM 902905827 1,571,975 55,400 sole sole sole UAL CORPORATION NEW CALL 902549900 1,050,000 25,000 sole sole sole UBS AG CALL H8920G905 2,681,712 19,800 sole sole sole UBS AG PUT H8920G955 853,272 6,300 sole sole sole UICI CALL 902737905 170,800 24,400 sole sole sole UICI PUT 902737955 126,000 18,000 sole sole sole UICI COMM 902737105 101,500 14,500 sole sole sole UNION COMMUNITY BANCORP COMM 906054101 211,613 17,100 sole sole sole UNIROYAL TECHNOLOGY CORP PUT 909163957 1,375,500 91,700 sole sole sole UNIROYAL TECHNOLOGY CORP COMM 909163107 1,210,005 80,667 sole sole sole UNISYS CORP PUT 909214958 13,293,00 1,181,60 sole sole sole 0 0 UNISYS CORP COMM 909214108 12,696,25 1,128,55 sole sole sole 5 6 UNITED AUTO GROUP INC CALL 909440909 89,100 10,800 sole sole sole UNITED AUTO GROUP INC PUT 909440959 273,900 33,200 sole sole sole UNITED AUTO GROUP INC COMM 909440109 107,250 13,000 sole sole sole UNITED PAN-AM FIN'L CRP COMM 911301109 19,550 16,463 sole sole sole UNITED PARCEL SERVICE INC CALL 911312906 6,821,375 121,000 sole sole sole CL-B UNITED STATES CELLULAR CALL 911684908 1,071,000 15,300 sole sole sole CORP UNITED STATES CELLULAR PUT 911684958 1,302,000 18,600 sole sole sole CORP UNITED STATES CELLULAR COMM 911684108 490,000 7,000 sole sole sole CORP UNITEDGLOBALCOM INC CL A COMM 913247508 3,731,260 124,635 sole sole sole UNITEDHEALTH GROUP INC CALL 91324P902 3,584,625 36,300 sole sole sole UNITEDHEALTH GROUP INC PUT 91324P952 799,875 8,100 sole sole sole US INTERACTIVE INC. COMM 90334M109 36,065 14,426 sole sole sole US SEARCH.COM INC COMM 903404101 101,196 85,218 sole sole sole USA NETWORKS INC COMM 902984103 830,747 37,977 sole sole sole USG CORPORATION (NEW) CALL 903293905 383,456 15,300 sole sole sole USG CORPORATION (NEW) PUT 903293955 649,119 25,900 sole sole sole USG CORPORATION (NEW) COMM 903293405 751,875 30,000 sole sole sole USX-U.S. STEEL GROUP PUT 90337T951 2,059,425 135,600 sole sole sole USX-U.S. STEEL GROUP COMM 90337T101 1,784,531 117,500 sole sole sole UTI ENERGY CORP CALL 903387908 593,513 13,300 sole sole sole UTI ENERGY CORP PUT 903387958 1,262,888 28,300 sole sole sole VALUEVISION INTERNATIONL CALL 92047K907 521,194 20,900 sole sole sole CL-A VAN KAMPEN (FL) MUNI OPP COMM 920945102 185,456 15,700 sole sole sole TR VAN KAMPEN ADVANT MUNI COMM 921124103 238,694 18,100 sole sole sole INCOME VAN KAMPEN FLA QLTY MUNI COMM 920921103 196,000 14,000 sole sole sole TR VAN KAMPEN MERRITT SELECT COMM 92112M103 127,938 11,500 sole sole sole SECT VAN KAMPEN NY QLTY MUNI TR COMM 920922101 146,900 10,400 sole sole sole VAN KAMPEN STRATEGIC COMM 920943107 274,031 23,700 sole sole sole SECTOR VAN KAMPEN VALUE MUNI COMM 921132106 180,900 14,400 sole sole sole INCOME VARCO INTERNATIONAL INC PUT 922122956 2,268,563 109,000 sole sole sole VARCO INTERNATIONAL INC COMM 922122106 1,785,130 85,772 sole sole sole VARIAN INC COMM 922206107 230,531 5,369 sole sole sole VECTOR GROUP LTD CALL 92240M908 1,234,407 71,045 sole sole sole VECTOR GROUP LTD PUT 92240M958 1,864,511 107,310 sole sole sole VERISIGN INC CALL 92343E902 17,703,96 87,400 sole sole sole 3 VERITAS SOFTWARE CALL 923436909 9,510,650 66,800 sole sole sole VERITAS SOFTWARE PUT 923436959 711,875 5,000 sole sole sole VERITY INC CALL 92343C906 320,625 9,000 sole sole sole VERITY INC PUT 92343C956 6,344,813 178,100 sole sole sole VERITY INC COMM 92343C106 5,001,608 140,396 sole sole sole VERIZON COMMUNICATIONS PUT 92343V954 804,063 16,600 sole sole sole VERIZON COMMUNICATIONS COMM 92343V104 1,481,219 30,580 sole sole sole VERTEX PHARMACEUTICALS INC COMM 92532F100 253,045 2,977 sole sole sole VICON INDUSTRIES INC COMM 925811101 62,075 19,100 sole sole sole VIDAMED INC COMM 926530106 90,113 40,050 sole sole sole VIGNETTE CORP PUT 926734954 6,797,250 228,000 sole sole sole VIGNETTE CORP COMM 926734104 6,364,462 213,483 sole sole sole VISHAY INTERTECHNOLOGY INC CALL 928298908 801,038 26,050 sole sole sole VISX INC (DELAWARE) PUT 92844S955 293,619 10,900 sole sole sole VISX INC (DELAWARE) COMM 92844S105 405,436 15,051 sole sole sole VITESSE SEMICONDUCTOR CORP COMM 928497106 577,421 6,497 sole sole sole VITRIA TECHNOLOGY INC COMM 92849Q104 564,256 12,102 sole sole sole VTEL CORP COMM 918333105 424,026 176,215 sole sole sole WALGREEN CO CALL 931422909 1,593,375 42,000 sole sole sole WARNACO GROUP INC CL A PUT 934390955 180,400 45,100 sole sole sole WARNACO GROUP INC CL A COMM 934390105 322,800 80,700 sole sole sole WASHINGTON FEDERAL INC. COMM 938824109 203,089 8,927 sole sole sole WASHINGTON MUTUAL INC CALL 939322903 350,350 8,800 sole sole sole WASHINGTON MUTUAL INC PUT 939322953 294,613 7,400 sole sole sole WASHINGTON MUTUAL INC COMM 939322103 374,238 9,400 sole sole sole WASTE MANAGEMENT SVC NEW PUT 94106L959 4,415,175 253,200 sole sole sole WASTE MANAGEMENT SVC NEW COMM 94106L109 7,886,981 452,300 sole sole sole WATCHGUARD TECHNOLOGIES PUT 941105958 299,688 5,000 sole sole sole WAYNE SAVINGS BANCSHARES COMM 946250107 277,869 19,330 sole sole sole INC WEATHERFORD INT'L INC CORP 947074AA8 2,250,000 4,000 sole sole sole WEBMD CORPORATION PUT 422209955 3,561,469 234,500 sole sole sole WEBMD CORPORATION COMM 94769M105 3,757,767 247,425 sole sole sole WEBVAN GROUP INC COMM 94845V103 148,412 64,178 sole sole sole WELLS GARDNER ELECTRONICS COMM 949765101 552,311 238,837 sole sole sole COM WESTERN DIGITAL CORP COMM 958102105 117,500 20,000 sole sole sole WESTERN GAS RESOURCES INC CALL 958259903 1,476,181 58,900 sole sole sole WESTERN GAS RESOURCES INC PUT 958259953 1,794,475 71,600 sole sole sole WESTERN GAS RESOURCES INC CONV 958259301 1,655,138 43,700 sole sole sole PFD WESTERN RES INC CALL 959425909 1,762,438 81,500 sole sole sole WILLIAMS COS PUT 969457950 422,500 10,000 sole sole sole WILLIAMS SONOMA INC CALL 969904901 1,299,650 37,400 sole sole sole WILLIAMS SONOMA INC PUT 969904951 837,475 24,100 sole sole sole WIND RIV SYS INC 05000 CORP 973149AC1 1,482,500 1,000 sole sole sole 02 WORKFLOW MANAGEMENT INC PUT 98137N959 140,875 23,000 sole sole sole WORKFLOW MANAGEMENT INC COMM 98137N109 153,719 25,097 sole sole sole WORLD PAGES.COM INC CALL 981922907 600,950 141,400 sole sole sole WORLDCOM INC PUT 98157D956 16,425,28 540,750 sole sole sole 1 WORLDCOM INC COMM 98157D106 8,328,187 274,179 sole sole sole WORLDQUEST NETWORKS INC COMM 98156W105 141,438 31,000 sole sole sole WORLDWIDE ENTMT & SPORTS COMM 98157N104 23,829 42,362 sole sole sole CORP WTS BENTLEY PHAR B WARR 082657123 385,000 140,000 sole sole sole WTS PATINA O&G00001 WARR 703224113 611,138 75,800 sole sole sole XCEED INC COMM 98388N105 27,606 12,991 sole sole sole XEROX CORP CALL 984121903 150,625 10,000 sole sole sole XEROX CORP PUT 984121953 1,235,125 82,000 sole sole sole XEROX CORP COMM 984121103 760,235 50,472 sole sole sole XILINX INC COMM 983919101 857,782 9,996 sole sole sole YAHOO INC CALL 984332906 1,826,250 20,000 sole sole sole YELLOWAVE CORP COMM 985634104 0 16,376 sole sole sole ZAMBA CORP PUT 988881958 125,625 30,000 sole sole sole ZAMBA CORP COMM 988881108 124,997 29,850 sole sole sole ZIONS BANCORP COMM 989701107 314,573 6,138 sole sole sole ZOMAX INC CALL 989929904 187,313 27,000 sole sole sole ZOMAX INC PUT 989929954 343,406 49,500 sole sole sole ZOMAX INC COMM 989929104 327,173 47,160 sole sole sole ZYGO CORP PUT 989855951 652,500 7,500 sole sole sole 3,533,700 ,800

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