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)02,936,700+2,936,7000728,301,600+728,301,600
ISHARES TR(Put)05,162,300+5,162,3000410,712,588+410,712,588
NEXTERA ENERGY INC(NEE)02,010,521+2,010,5210182,153,2038.03%+182,153,203
SELECT SECTOR SPDR TR(Put)06,099,600+6,099,6000340,784,652+340,784,652
VANECK ETF TRUST(Call)01,088,500+1,088,5000417,330,900+417,330,900
ISHARES BITCOIN TRUST ETF(IBIT)(Call)06,040,600+6,040,6000256,785,906+256,785,906
SELECT SECTOR SPDR TR(Put)014,158,500+14,158,5000740,489,550+740,489,550
INVESCO QQQ TR(Put)04,205,300+4,205,30002,427,215,054+2,427,215,054
SPDR SERIES TRUST(Put)0726,300+726,3000119,839,500+119,839,500
SELECT SECTOR SPDR TR02,082,579+2,082,5790104,230,8784.60%+104,230,878
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)01,689,000+1,689,0000157,060,110+157,060,110
EXPAND ENERGY CORPORATION(EXE)(Put)0715,000+715,000067,395,900+67,395,900
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)01,470,000+1,470,0000136,092,600+136,092,600
ISHARES TR(Call)0700,000+700,000055,692,000+55,692,000
HALLIBURTON CO(HAL)(Call)01,493,900+1,493,900056,992,285+56,992,285
EQT CORP(EQT)(Put)01,189,900+1,189,900067,800,502+67,800,502
VANECK ETF TRUST(Call)0951,900+951,900088,517,181+88,517,181
CONOCOPHILLIPS(COP)(Put)169,800533,200+363,40015,894,97864,122,632+48,227,654
FEDEX CORP(FDX)(Put)0141,000+141,000055,637,190+55,637,190
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)01,084,000+1,084,000038,915,600+38,915,600
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)0209,600+209,600034,584,000+34,584,000
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)033,359+33,359030,908,7011.36%+30,908,701
CAPITAL ONE FINL CORP(COF)(Call)13,600166,300+152,7003,296,09633,675,750+30,379,654
MORGAN STANLEY(MS)(Call)0314,000+314,000059,443,340+59,443,340
SELECT SECTOR SPDR TR(Put)0951,800+951,8000163,176,592+163,176,592
ISHARES BITCOIN TRUST ETF(IBIT)(Put)03,297,600+3,297,6000140,180,976+140,180,976
DELL TECHNOLOGIES INC(DELL)(Call)0223,700+223,700036,715,881+36,715,881
DANAHER CORP DEL(DHR)(Put)0173,100+173,100033,674,874+33,674,874
STRATEGY INC(MSTR)(Call)0670,900+670,9000110,007,473+110,007,473
PALANTIR TECHNOLOGIES INC(PLTR)(Call)0219,300+219,300032,079,204+32,079,204
PINTEREST INC(PINS)(Call)01,501,600+1,501,600027,539,344+27,539,344
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)01,005,100+1,005,100053,039,127+53,039,127
MGM RESORTS INTERNATIONAL(MGM)(Put)0639,000+639,000024,991,290+24,991,290
LIVE NATION ENTERTAINMENT IN(LYV)(Put)0488,700+488,700074,951,919+74,951,919
ANTERO RESOURCES CORP(AR)(Put)277,600873,500+595,9009,566,09632,459,260+22,893,164
VANECK ETF TRUST0263,023+263,023024,153,5081.07%+24,153,508
CHEVRON CORPORATION(CVX)51,622162,975+111,3537,867,70930,310,3631.34%+22,442,654
NEXTERA ENERGY INC(NEE)(Call)0412,500+412,500037,372,500+37,372,500
IREN LIMITED(Put)0953,000+953,000043,047,010+43,047,010
INTERNATIONAL BUSINESS MACHS(IBM)(Put)0500,500+500,5000121,316,195+121,316,195
BLACKROCK INC(BLK)(Call)10020,700+20,600107,03421,586,995+21,479,961
ASML HLDG NV(Put)22,40034,400+12,00023,964,86445,436,552+21,471,688
SELECT SECTOR SPDR TR0657,322+657,322036,724,5911.62%+36,724,591
MICRON TECHNOLOGY INC(MU)070,949+70,949023,969,4101.06%+23,969,410
NUCOR CORP(NUE)(Call)0100,000+100,000020,806,000+20,806,000
ISHARES INC(Call)0658,800+658,800025,291,332+25,291,332
NABORS INDUSTRIES LTD(NBR)(Put)0495,800+495,800041,062,156+41,062,156
BITDEER TECHNOLOGIES GROUP(BTDR)(Call)981,5002,588,900+1,607,40011,002,61531,273,912+20,271,297
EATON CORP PLC(ETN)(Call)060,100+60,100024,622,970+24,622,970
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)0300,000+300,000019,245,000+19,245,000
PEPSICO INC(PEP)(Put)0262,000+262,000040,589,040+40,589,040
NETFLIX INC.(NFLX)0375,691+375,691035,852,5231.58%+35,852,523
ISHARES INC0532,801+532,801020,454,2300.90%+20,454,230
RANGE RES CORP(RRC)(Put)0440,000+440,000018,334,800+18,334,800
US BANCORP(USB)(Call)0342,200+342,200019,450,648+19,450,648
BOEING CO(BA)082,887+82,887018,165,5150.80%+18,165,515
DARLING INGREDIENTS INC(DAR)(Put)0612,500+612,500037,883,125+37,883,125
DEVON ENERGY CORP NEW(DVN)(Put)0636,700+636,700029,033,520+29,033,520
FREEPORT MCMORAN INC(FCX)(Put)0918,500+918,500062,063,045+62,063,045
CONOCOPHILLIPS(COP)38,097166,155+128,0583,566,26019,981,8940.88%+16,415,634
GOLAR LNG LTD(Put)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)0631,900+631,900095,100,950+95,100,950
INTEL CORP(INTC)(Put)01,575,400+1,575,400069,522,402+69,522,402
HOWMET AEROSPACE INC(HWM)(Put)064,800+64,800016,052,256+16,052,256
PEPSICO INC(PEP)0160,141+160,141024,864,5451.10%+24,864,545
TARGET CORP(TGT)(Call)0230,400+230,400030,435,840+30,435,840
COTERRA ENERGY INC(Call)51,400539,900+488,5001,352,84817,195,815+15,842,967
DANAHER CORP DEL(DHR)089,450+89,450017,401,6030.77%+17,401,603
HALLIBURTON CO(HAL)(Put)0941,500+941,500035,918,225+35,918,225
TAKE-TWO INTERACTIVE SOFTWAR(TTWO)(Call)080,000+80,000015,800,000+15,800,000
STATE STR SPDR DOW JONES IND(DIA)(Call)097,100+97,100044,975,749+44,975,749
BERKSHIRE HATHAWAY INC DEL3,05033,311+30,2611,533,08315,927,2360.70%+14,394,153
OCCIDENTAL PETE CORP(OXY)0321,594+321,594018,115,3990.80%+18,115,399
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)0619,000+619,000073,072,950+73,072,950
VERIZON COMMUNICATIONS INC(VZ)(Put)0857,800+857,800043,061,560+43,061,560
JOHNSON & JOHNSON(JNJ)(Put)085,000+85,000019,223,600+19,223,600
DELTA AIR LINES INC(DAL)(Call)0959,500+959,500067,376,090+67,376,090
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