Fund Holdings

Caption Management, LLC

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
COREWEAVE INC(CRWV)(Call)01,450,000+1,450,0000198,432,500+198,432,500
COREWEAVE INC(CRWV)(Put)512,0001,732,000+1,220,00083,486,720237,024,200+153,537,480
AMAZON COM INC(AMZN)(Put)0575,000+575,0000126,252,750+126,252,750
AMAZON COM INC(AMZN)0575,000+575,0000126,252,7507.34%+126,252,750
APPLOVIN CORP(APP)(Call)335,000335,0000117,276,800240,710,900+123,434,100
UNITED THERAPEUTICS CORP DEL(UTHR)(Put)63,200309,800+246,60018,160,520129,871,258+111,710,738
DOORDASH INC(DASH)(Call)0400,000+400,0000108,796,000+108,796,000
REDDIT INC(RDDT)(Call)401,700717,700+316,00060,483,969165,063,823+104,579,854
CHEVRON CORP NEW(CVX)(Call)0631,000+631,000097,987,990+97,987,990
COINBASE GLOBAL INC(COIN)(Call)0280,000+280,000094,497,200+94,497,200
NVIDIA CORPORATION(NVDA)(Put)0500,000+500,000093,290,000+93,290,000
NVIDIA CORPORATION(NVDA)0500,000+500,000093,290,0005.42%+93,290,000
UNITED THERAPEUTICS CORP DEL(UTHR)(Call)50,100253,600+203,50014,396,235106,311,656+91,915,421
ISHARES INC(Put)01,400,000+1,400,000070,770,000+70,770,000
REDDIT INC(RDDT)(Put)100,200359,400+259,20015,087,11482,658,406+67,571,292
KELLANOVA(Put)381,4001,176,300+794,90030,332,74296,480,126+66,147,384
TESLA INC(TSLA)(Put)300,000350,000+50,00095,298,000155,652,000+60,354,000
TESLA INC(TSLA)300,000350,000+50,00095,298,000155,652,0009.05%+60,354,000
IREN LIMITED(Put)410,7001,365,000+954,3005,983,89964,059,450+58,075,551
ECHOSTAR CORP(ECHO)(Put)121,500771,500+650,0003,365,55058,911,740+55,546,190
TERAWULF INC(WULF)(Call)2,662,9005,883,600+3,220,70011,663,50267,190,712+55,527,210
COMERICA INC(Call)145,000914,900+769,9008,649,25062,688,948+54,039,698
CAESARS ENTERTAINMENT INC NE(CZR)(Put)01,924,600+1,924,600052,012,315+52,012,315
LULULEMON ATHLETICA INC(LULU)(Put)0290,000+290,000051,599,700+51,599,700
CARVANA CO(CVNA)(Call)634,000703,000+69,000213,632,640265,199,720+51,567,080
SABLE OFFSHORE CORP(Put)150,0003,137,400+2,987,4003,297,00054,779,004+51,482,004
CORE SCIENTIFIC INC NEW(CORZ)(Call)2,011,3004,702,100+2,690,80034,332,89184,355,674+50,022,783
ABBVIE INC(ABBV)(Call)0211,100+211,100048,878,094+48,878,094
ARK ETF TR(Put)50,000595,000+545,0003,514,50051,348,500+47,834,000
SABLE OFFSHORE CORP(Call)386,8003,166,300+2,779,5008,501,86455,283,598+46,781,734
ABBVIE INC(ABBV)(Put)0198,000+198,000045,844,920+45,844,920
ECHOSTAR CORP(ECHO)(Call)198,500670,200+471,7005,498,45051,176,472+45,678,022
DUPONT DE NEMOURS INC(DD)(Call)0575,000+575,000044,792,500+44,792,500
BXP INC(BXP)(Put)0594,200+594,200044,172,828+44,172,828
BOSTON SCIENTIFIC CORP(BSX)(Put)36,000478,700+442,7003,866,76046,735,481+42,868,721
SUNRUN INC(RUN)(Call)8,533,1006,354,900-2,178,20069,800,758109,876,221+40,075,463
SNOWFLAKE INC(SNOW)(Call)0175,600+175,600039,606,580+39,606,580
LUCID GROUP INC(LCID)(Call)01,600,000+1,600,000038,064,000+38,064,000
CHEVRON CORP NEW(CVX)(Put)0240,000+240,000037,269,600+37,269,600
META PLATFORMS INC(META)(Call)050,000+50,000036,719,000+36,719,000
VIASAT INC(VSAT)(Put)01,247,900+1,247,900036,563,470+36,563,470
TEXAS INSTRS INC(TXN)(Put)10,000206,000+196,0002,076,20037,848,380+35,772,180
IMMUNOCORE HLDGS PLC(IMCR)(Put)687,2001,552,500+865,30021,564,33656,402,325+34,837,989
BLOOM ENERGY CORP(Put)30,000403,300+373,300717,60034,107,081+33,389,481
CAPITAL ONE FINL CORP(COF)(Call)0155,800+155,800033,119,964+33,119,964
CONSTELLATION BRANDS INC(STZ)(Put)0244,500+244,500032,926,815+32,926,815
NEWAMSTERDAM PHARMA COMPANY(Put)30,0001,169,700+1,139,700543,30033,266,268+32,722,968
HUT 8 CORP(HUT)(Call)8,300939,700+931,400154,38032,710,957+32,556,577
CORE SCIENTIFIC INC NEW(CORZ)751,5443,481,150+2,729,6068,146,73740,485,7752.35%+32,339,038
SPDR SERIES TRUST(Put)13,500303,400+289,9001,119,55530,400,680+29,281,125
FLUOR CORP NEW(FLR)(Call)183,900917,800+733,9009,428,55338,611,846+29,183,293
WOLFSPEED INC(WOLF)(Put)01,012,600+1,012,600028,960,360+28,960,360
IREN LIMITED(Call)1,028,100934,800-93,30014,979,41743,870,164+28,890,747
ECHOSTAR CORP(ECHO)142,900418,400+275,5003,958,33031,949,0241.86%+27,990,694
CSX CORP(CSX)(Call)0780,000+780,000027,697,800+27,697,800
TEMPUS AI INC(TEM)(Call)20,000355,000+335,0001,270,80028,652,050+27,381,250
DEXCOM INC(DXCM)(Put)36,900450,400+413,5003,221,00130,307,416+27,086,415
LIQUIDIA CORPORATION(LQDA)(Put)01,178,500+1,178,500026,799,090+26,799,090
PAYPAL HLDGS INC(PYPL)(Put)38,000439,700+401,7002,824,16029,486,282+26,662,122
DATADOG INC(DDOG)(Put)0184,900+184,900026,329,760+26,329,760
VIASAT INC(VSAT)0881,123+881,123025,816,9041.50%+25,816,904
UNIQURE NV(QURE)(Put)346,500517,900+171,4004,830,21030,229,823+25,399,613
WIX COM LTD(Call)0141,000+141,000025,045,830+25,045,830
NOVO-NORDISK A S(NVO)(Put)0450,000+450,000024,970,500+24,970,500
TAIWAN SEMICONDUCTOR MFG LTD(TSM)(Put)358,300379,000+20,70081,151,367105,850,910+24,699,543
CORE SCIENTIFIC INC NEW(CORZ)(Put)921,0002,244,600+1,323,60015,721,47040,268,124+24,546,654
UNIQURE NV(QURE)176,911458,300+281,3892,466,13926,750,9711.56%+24,284,832
BANCO DE CHILE(Put)0786,400+786,400023,827,920+23,827,920
PG&E CORP(PCG)(Call)941,7002,431,000+1,489,30013,127,29836,659,480+23,532,182
SABLE OFFSHORE CORP58,9951,421,564+1,362,5691,296,71024,820,5071.44%+23,523,797
CORNING INC(GLW)(Call)72,000322,000+250,0003,786,48026,413,660+22,627,180
SELECT SECTOR SPDR TR(Put)0249,600+249,600022,299,264+22,299,264
BLUE OWL CAPITAL INC(OBDC)(Put)200,0001,541,600+1,341,6003,842,00026,099,288+22,257,288
SPDR SERIES TRUST(Call)0350,000+350,000022,155,000+22,155,000
BITMINE IMMERSION TECNOLOGIE(BMNP)(Call)0419,000+419,000021,758,670+21,758,670
TARGA RES CORP(TRGP)(Call)0128,700+128,700021,562,398+21,562,398
THERMO FISHER SCIENTIFIC INC(TMO)(Call)044,100+44,100021,389,382+21,389,382
SOLENO THERAPEUTICS INC(Put)565,8001,016,100+450,30047,402,72468,688,360+21,285,636
RIOT PLATFORMS INC(RIOT)(Call)01,115,000+1,115,000021,218,450+21,218,450
TEXAS ROADHOUSE INC(TXRH)(Put)0127,300+127,300021,150,895+21,150,895
HEWLETT PACKARD ENTERPRISE C(HPE)140,300970,000+829,7002,869,13523,823,2001.39%+20,954,065
INSMED INC(INSM)(Call)334,200377,500+43,30033,633,88854,363,775+20,729,887
WAYFAIR INC(W)(Call)540,000540,000027,615,60048,238,200+20,622,600
SELECT SECTOR SPDR TR43,000267,752+224,7523,775,83023,995,9341.40%+20,220,104
LIQUIDIA CORPORATION(LQDA)(Call)158,500962,000+803,5001,974,91021,875,880+19,900,970
IREN LIMITED54,100437,909+383,809788,23720,551,0691.20%+19,762,832
HOWMET AEROSPACE INC(HWM)(Put)0100,000+100,000019,623,000+19,623,000
CHENIERE ENERGY INC(LNG)(Call)25,000109,300+84,3006,088,00025,683,314+19,595,314
AIR PRODS & CHEMS INC(Call)071,500+71,500019,499,480+19,499,480
ZSCALER INC(ZS)(Call)065,000+65,000019,477,900+19,477,900
HEWLETT PACKARD ENTERPRISE C(HPE)(Call)408,0001,129,000+721,0008,343,60027,728,240+19,384,640
THE TRADE DESK INC(TTD)(Put)37,500450,000+412,5002,699,62522,054,500+19,354,875
UROGEN PHARMA LTD(URGN)(Call)50,0001,000,000+950,000685,00019,950,000+19,265,000
SOCIEDAD QUIMICA Y MINERA DE(SQM)(Put)0446,100+446,100019,173,378+19,173,378
SPDR SERIES TRUST(Put)0221,000+221,000019,045,780+19,045,780
VIKING THERAPEUTICS INC(VKTX)(Call)190,100911,900+721,8005,037,65023,964,732+18,927,082
INSMED INC(INSM)(Put)282,100326,000+43,90028,390,54446,947,260+18,556,716
COSTCO WHSL CORP NEW(COST)(Call)020,000+20,000018,512,600+18,512,600
CRISPR THERAPEUTICS AG(CRSP)(Call)232,800453,600+220,80011,323,39229,397,816+18,074,424
VERTIV HOLDINGS CO(VRT)(Call)140,000238,900+98,90017,977,40036,040,454+18,063,054
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