Instuitional Investor - Fore Capital, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf TrustPUT	SPY	140,000	$104,547,800	30.89%
2.	Ishares TrustCALL	SLV	810,000	$43,310,700	12.8%
3.	Trip.com Group LtdPUT	TCOM	100,000	$31,160,000	9.21%
4.	Market Vectors Etf TrustPUT	GDX	320,000	$24,144,000	7.13%
5.	Market Vectors Etf Trust	GDX	120,000	$9,054,000	2.68%