Fund Holdings

Parallax Volatility Advisers, L.P.

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
ISHARES TR(Call)1,171,0002,936,700+1,765,700288,253,360728,301,600+440,048,240
ISHARES TR(Put)2,384,8005,162,300+2,777,500192,286,424410,712,588+218,426,164
NEXTERA ENERGY INC(NEE)02,010,521+2,010,5210182,153,2038.03%+182,153,203
SELECT SECTOR SPDR TR(Put)
ST STR ENERG ETF
3,776,1006,099,600+2,323,500168,829,431340,784,652+171,955,221
VANECK ETF TRUST(Call)
SEMICONDUCTR ETF
718,7001,088,500+369,800258,825,431417,330,900+158,505,469
ISHARES BITCOIN TRUST ETF(IBIT)(Call)2,597,6006,040,600+3,443,000128,970,840256,785,906+127,815,066
SELECT SECTOR SPDR TR(Put)
ST STR FINL ETF
11,350,40014,158,500+2,808,100621,661,408740,489,550+118,828,142
INVESCO QQQ TR(Put)3,768,6004,205,300+436,7002,315,088,6662,427,215,054+112,126,388
SPDR SERIES TRUST(Put)
SP O&G EXPL PRO
76,600726,300+649,7009,671,516119,839,500+110,167,984
SELECT SECTOR SPDR TR
ST STR FINL ETF
12,082,579+2,082,57855104,230,8784.60%+104,230,823
CHEVRON CORPORATION(CVX)(Put)386,700793,500+406,80058,936,947147,575,130+88,638,183
CHEVRON CORPORATION(CVX)(Call)139,100575,100+436,00021,200,231106,957,098+85,756,867
APPLE INC(AAPL)0309,616+309,616078,577,4453.46%+78,577,445
VANECK ETF TRUST(Put)
GOLD MINERS ETF
924,8001,689,000+764,20079,320,096157,060,110+77,740,014
EXPAND ENERGY CORPORATION(EXE)(Put)27,400715,000+687,6003,023,86467,395,900+64,372,036
COSTCO WHOLESALE CORPORATION(COST)(Put)39,30096,600+57,30033,889,96297,161,246+63,271,284
COREWEAVE INC(CRWV)(Put)1,628,6001,556,600-72,000116,624,046179,258,056+62,634,010
CITIGROUP INC(C)(Put)1,012,9001,366,700+353,800118,195,301179,967,056+61,771,755
NETFLIX INC.(NFLX)(Call)814,8001,470,000+655,20076,395,648136,092,600+59,696,952
ISHARES TR(Call)7,500700,000+692,500604,72555,692,000+55,087,275
HALLIBURTON CO(HAL)(Call)100,7001,493,900+1,393,2002,845,78256,992,285+54,146,503
EQT CORP(EQT)(Put)257,7001,189,900+932,20013,812,72067,800,502+53,987,782
VANECK ETF TRUST(Call)
GOLD MINERS ETF
427,800951,900+524,10036,692,40688,517,181+51,824,775
CONOCOPHILLIPS(COP)(Put)169,800533,200+363,40015,894,97864,122,632+48,227,654
FEDEX CORP(FDX)(Put)26,900141,000+114,1007,770,33455,637,190+47,866,856
ORACLE CORP(ORCL)01,042,038+1,042,038046,902,1302.07%+46,902,130
ADVANCED MICRO DEVICES INC(AMD)(Call)262,500494,600+232,10056,217,000100,616,478+44,399,478
CARNIVAL CORP(Put)01,500,700+1,500,700041,059,152+41,059,152
ARISTA NETWORKS INC(ANET)(Put)72,300395,500+323,2009,473,46948,559,490+39,086,021
CORE SCIENTIFIC INC NEW(CORZ)(Call)662,0002,186,400+1,524,4009,638,72045,411,528+35,772,808
ISHARES TR(Call)124,0001,084,000+960,0004,747,96038,915,600+34,167,640
ALPHABET INC(GOOG)0114,602+114,602032,954,9511.45%+32,954,951
CAESARS ENTERTAINMENT INC NE(CZR)(Put)50,0001,218,800+1,168,8001,169,50033,687,632+32,518,132
SPDR SERIES TRUST(Call)
SP O&G EXPL PRO
17,100209,600+192,5002,159,04634,584,000+32,424,954
CONOCOPHILLIPS(COP)(Call)32,600291,700+259,1003,051,68635,079,842+32,028,156
CARNIVAL CORP(Call)01,153,000+1,153,000031,546,080+31,546,080
BARRICK MNG CORP(B)(Put)138,600917,900+779,3006,036,03037,129,055+31,093,025
GOLDMAN SACHS GROUP INC(GS)47633,359+32,883418,40430,908,7011.36%+30,490,297
CAPITAL ONE FINL CORP(COF)(Call)13,600166,300+152,7003,296,09633,675,750+30,379,654
MORGAN STANLEY(MS)(Call)167,800314,000+146,20029,789,53459,443,340+29,653,806
SELECT SECTOR SPDR TR(Put)
ST STR INDL ETF
861,700951,800+90,100133,666,904163,176,592+29,509,688
ISHARES BITCOIN TRUST ETF(IBIT)(Put)2,230,1003,297,600+1,067,500110,724,465140,180,976+29,456,511
DELL TECHNOLOGIES INC(DELL)(Call)59,000223,700+164,7007,426,92036,715,881+29,288,961
DANAHER CORP DEL(DHR)(Put)22,900173,100+150,2005,242,26833,674,874+28,432,606
STRATEGY INC(MSTR)(Call)543,300670,900+127,60082,554,435110,007,473+27,453,038
PALANTIR TECHNOLOGIES INC(PLTR)(Call)26,700219,300+192,6004,745,92532,079,204+27,333,279
PINTEREST INC(PINS)(Call)8,5001,501,600+1,493,100220,06527,539,344+27,319,279
CORNING INC(GLW)(Put)4,100202,500+198,400358,99627,533,925+27,174,929
ISHARES TR(Put)0300,100+300,100024,023,005+24,023,005
SLB LIMITED(SLB)(Put)771,1001,005,100+234,00029,594,81853,039,127+23,444,309
MGM RESORTS INTERNATIONAL(MGM)(Put)48,800639,000+590,2001,780,71224,991,290+23,210,578
LIVE NATION ENTERTAINMENT IN(LYV)(Put)363,700488,700+125,00051,827,25074,951,919+23,124,669
ANTERO RESOURCES CORP(AR)(Put)277,600873,500+595,9009,566,09632,459,260+22,893,164
VANECK ETF TRUST
GOLD MINERS ETF
19,690263,023+243,3331,688,81224,153,5081.07%+22,464,696
CHEVRON CORPORATION(CVX)51,622162,975+111,3537,867,70930,310,3631.34%+22,442,654
NEXTERA ENERGY INC(NEE)(Call)188,700412,500+223,80015,148,83637,372,500+22,223,664
IREN LIMITED(Put)
ORDINARY SHARES
561,300953,000+391,70021,200,30143,047,010+21,846,709
INTERNATIONAL BUSINESS MACHS(IBM)(Put)336,100500,500+164,40099,556,181121,316,195+21,760,014
BLACKROCK INC(BLK)(Call)10020,700+20,600107,03421,586,995+21,479,961
ASML HLDG NV(Put)
N Y REGISTRY SHS
22,40034,400+12,00023,964,86445,436,552+21,471,688
SELECT SECTOR SPDR TR
ST STR ENERG ETF
342,489657,322+314,83315,312,68336,724,5911.62%+21,411,908
MICRON TECHNOLOGY INC(MU)10,69570,949+60,2543,052,46023,969,4101.06%+20,916,950
NUCOR CORP(NUE)(Call)0100,000+100,000020,806,000+20,806,000
ISHARES INC(Call)145,600658,800+513,2004,625,71225,291,332+20,665,620
NABORS INDUSTRIES LTD(NBR)(Put)379,600495,800+116,20020,612,28041,062,156+20,449,876
BITDEER TECHNOLOGIES GROUP(BTDR)(Call)981,5002,588,900+1,607,40011,002,61531,273,912+20,271,297
EATON CORP PLC(ETN)(Call)16,50060,100+43,6005,255,41524,622,970+19,367,555
C H ROBINSON WORLDWIDE IN(CHRW)(Put)0105,100+105,100019,300,564+19,300,564
ADVANCED MICRO DEVICES INC(AMD)(Put)751,800886,200+134,400161,005,488180,279,666+19,274,178
SPDR SERIES TRUST(Call)
ST STR SP BANK
0300,000+300,000019,245,000+19,245,000
PEPSICO INC(PEP)(Put)150,800262,000+111,20021,642,81640,589,040+18,946,224
NETFLIX INC.(NFLX)180,574375,691+195,11716,930,61835,852,5231.58%+18,921,905
ISHARES INC49,676532,801+483,1251,578,20720,454,2300.90%+18,876,023
RANGE RES CORP(RRC)(Put)100440,000+439,9003,52618,334,800+18,331,274
US BANCORP(USB)(Call)23,200342,200+319,0001,237,95219,450,648+18,212,696
BOEING CO(BA)082,887+82,887018,165,5150.80%+18,165,515
DARLING INGREDIENTS INC(DAR)(Put)552,500612,500+60,00019,890,00037,883,125+17,993,125
DEVON ENERGY CORP NEW(DVN)(Put)320,100636,700+316,60011,725,26329,033,520+17,308,257
FREEPORT MCMORAN INC(FCX)(Put)883,900918,500+34,60044,893,28162,063,045+17,169,764
CONOCOPHILLIPS(COP)38,097166,155+128,0583,566,26019,981,8940.88%+16,415,634
GOLAR LNG LTD(Put)
SHS
0310,000+310,000016,377,300+16,377,300
DEVON ENERGY CORP NEW(DVN)0358,605+358,605016,352,4120.72%+16,352,412
TAPESTRY INC(TPR)(Put)617,600631,900+14,30078,910,75295,100,950+16,190,198
INTEL CORP(INTC)(Put)1,447,4001,575,400+128,00053,409,06069,522,402+16,113,342
HOWMET AEROSPACE INC(HWM)(Put)064,800+64,800016,052,256+16,052,256
PEPSICO INC(PEP)62,421160,141+97,7208,958,66224,864,5451.10%+15,905,883
TARGET CORP(TGT)(Call)149,000230,400+81,40014,564,75030,435,840+15,871,090
COTERRA ENERGY INC(Call)51,400539,900+488,5001,352,84817,195,815+15,842,967
DANAHER CORP DEL(DHR)9,38389,450+80,0672,147,95617,401,6030.77%+15,253,647
HALLIBURTON CO(HAL)(Put)739,500941,500+202,00020,898,27035,918,225+15,019,955
TAKE-TWO INTERACTIVE SOFTWAR(TTWO)(Call)5,30080,000+74,7001,356,95915,800,000+14,443,041
STATE STR SPDR DOW JONES IND(DIA)(Call)63,60097,100+33,50030,564,25244,975,749+14,411,497
BERKSHIRE HATHAWAY INC DEL3,05033,311+30,2611,533,08315,927,2360.70%+14,394,153
OCCIDENTAL PETE CORP(OXY)94,449321,594+227,1453,883,74318,115,3990.80%+14,231,656
SILVERCORP METALS INC(SVM)000014,015,5000.62%+14,015,500
ABBOTT LABORATORIES(Call)0150,000+150,000013,908,000+13,908,000
DATADOG INC(DDOG)(Put)437,400619,000+181,60059,482,02673,072,950+13,590,924
VERIZON COMMUNICATIONS INC(VZ)(Put)725,500857,800+132,30029,549,61543,061,560+13,511,945
JOHNSON & JOHNSON(JNJ)(Put)28,30085,000+56,7005,856,68519,223,600+13,366,915
DELTA AIR LINES INC(DAL)(Call)780,500959,500+179,00054,166,70067,376,090+13,209,390
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