Instuitional Investor - Lombard Odier Asset Management (usa) Corp

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf TrustCALL	SPY	250,000	$162,585,000	16.99%
2.	American Airlines Group Inc.PUT	AAL	6,060,100	$65,085,474	6.8%
3.	Apple Inc.PUT	AAPL	190,000	$48,220,100	5.04%
4.	Ishares TrustPUT	IEF	417,000	$36,149,730	3.78%
5.	Avis Budget Group Inc.PUT	CAR	245,000	$35,733,250	3.73%