Capital Markets Trading UK 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ADVANCED MICRO DEVICES INC	COM	007903107	355	2,163	SH		DFND	1	2,163	0	0
AIRBNB INC	COM CL A	009066101	1,141	8,994	SH		DFND	1	8,994	0	0
ALPHABET INC	CAP STK CL A	02079K305	1,297	7,823	SH		DFND	1	7,823	0	0
AMAZON COM INC	COM	023135106	3,034	16,284	SH		DFND	1	16,284	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	825	73,357	SH		DFND	1	73,357	0	0
AMERICAN EXPRESS CO	COM	025816109	253	932	SH		DFND	1	932	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	605	8,266	SH		DFND	1	8,266	0	0
ANALOG DEVICES INC	COM	032654105	2,768	12,028	SH		DFND	1	12,028	0	0
APPLE INC	COM	037833100	1,304	5,596	SH		DFND	1	5,596	0	0
ARM HOLDINGS PLC	SPONSORED ADS	042068205	1,342	9,385	SH		DFND	1	9,385	0	0
ASML HOLDING N V	N Y REGISTRY SHS	N07059210	4,143	4,972	SH		DFND	1	4,972	0	0
BANCO BRADESCO S A	SP ADR PFD NEW	059460303	39	14,721	SH		DFND	1	14,721	0	0
BANK AMERICA CORP	COM	060505104	641	16,149	SH		DFND	1	16,149	0	0
BARRICK GOLD CORP	COM	067901108	1,446	72,696	SH		DFND	1	72,696	0	0
BILIBILI INC	SPONS ADS REP Z	090040106	5,193	222,093	SH		DFND	1	222,093	0	0
BLOCK INC	CL A	852234103	1,228	18,297	SH		DFND	1	18,297	0	0
BOEING CO	COM	097023105	621	4,084	SH		DFND	1	4,084	0	0
BP PLC	SPONSORED ADR	055622104	278	8,860	SH		DFND	1	8,860	0	0
BROADCOM INC	COM	11135F101	1,713	9,933	SH		DFND	1	9,933	0	0
CARNIVAL CORP	UNIT 99/99/9999	143658300	1,060	57,340	SH		DFND	1	57,340	0	0
CARVANA CO	CL A	146869102	634	3,642	SH		DFND	1	3,642	0	0
CATERPILLAR INC	COM	149123101	243	621	SH		DFND	1	621	0	0
CHEVRON CORP NEW	COM	166764100	296	2,012	SH		DFND	1	2,012	0	0
CISCO SYS INC	COM	17275R102	383	7,203	SH		DFND	1	7,203	0	0
CITIGROUP INC	COM NEW	172967424	201	3,213	SH		DFND	1	3,213	0	0
CROWDSTRIKE HLDGS INC	CL A	22788C105	578	2,062	SH		DFND	1	2,062	0	0
DISNEY WALT CO	COM	254687106	482	5,013	SH		DFND	1	5,013	0	0
EXXON MOBIL CORP	COM	30231G102	1,917	16,356	SH		DFND	1	16,356	0	0
FORD MTR CO	COM	345370860	2,014	190,758	SH		DFND	1	190,758	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	1,156	23,151	SH		DFND	1	23,151	0	0
FUTU HLDGS LTD	SPON ADS CL A	36118L106	6,444	67,366	SH		DFND	1	67,366	0	0
GENERAL MTRS CO	COM	37045V100	246	5,483	SH		DFND	1	5,483	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	498	1,005	SH		DFND	1	1,005	0	0
INTEL CORP	COM	458140100	375	16,000	SH		DFND	1	16,000	0	0
ISHARES INC	MSCI BRAZIL ETF	464286400	578	19,594	SH		DFND	1	19,594	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	3,860	121,447	SH		DFND	1	121,447	0	0
ISHARES TR	20 YR TR BD ETF	464287432	680	6,936	SH		DFND	1	6,936	0	0
ITAU UNIBANCO HLDG S A	SPON ADR REP PFD	465562106	200	30,145	SH		DFND	1	30,145	0	0
JD.COM INC	SPON ADS CL A	47215P106	1,212	30,300	SH		DFND	1	30,300	0	0
JPMORGAN CHASE & CO.	COM	46625H100	1,592	7,550	SH		DFND	1	7,550	0	0
KE HLDGS INC	SPONSORED ADS	482497104	1,636	82,148	SH		DFND	1	82,148	0	0
KRANESHARES TRUST	CSI CHI INTERNET	500767306	1,185	34,824	SH		DFND	1	34,824	0	0
LI AUTO INC	SPONSORED ADS	50202M102	1,174	45,775	SH		DFND	1	45,775	0	0
LUCID GROUP INC	COM	549498103	1,375	389,423	SH		DFND	1	389,423	0	0
LULULEMON ATHLETICA INC	COM	550021109	276	1,016	SH		DFND	1	1,016	0	0
MARVELL TECHNOLOGY INC	COM	573874104	786	10,901	SH		DFND	1	10,901	0	0
MICRON TECHNOLOGY INC	COM	595112103	288	2,780	SH		DFND	1	2,780	0	0
MICROSOFT CORP	COM	594918104	3,269	7,598	SH		DFND	1	7,598	0	0
MORGAN STANLEY	COM NEW	617446448	1,533	14,704	SH		DFND	1	14,704	0	0
NEW ORIENTAL ED & TECHNOLOGY	SPON ADR	647581206	808	10,648	SH		DFND	1	10,648	0	0
NEWMONT CORP	COM	651639106	7,036	131,636	SH		DFND	1	131,636	0	0
NIO INC	SPON ADS	62914V106	2,080	311,367	SH		DFND	1	311,367	0	0
NORWEGIAN CRUISE LINE HLDG L	SHS	G66721104	509	24,796	SH		DFND	1	24,796	0	0
NU HLDGS LTD	ORD SHS CL A	G6683N103	142	10,429	SH		DFND	1	10,429	0	0
NVIDIA CORPORATION	COM	67066G104	1,413	11,636	SH		DFND	1	11,636	0	0
PALANTIR TECHNOLOGIES INC	CL A	69608A108	424	11,410	SH		DFND	1	11,410	0	0
PALO ALTO NETWORKS INC	COM	697435105	957	2,801	SH		DFND	1	2,801	0	0
PAYPAL HLDGS INC	COM	70450Y103	807	10,341	SH		DFND	1	10,341	0	0
PDD HOLDINGS INC	SPONSORED ADS	722304102	2,473	18,345	SH		DFND	1	18,345	0	0
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	765	53,056	SH		DFND	1	53,056	0	0
PFIZER INC	COM	717081103	3,466	119,776	SH		DFND	1	119,776	0	0
QUALCOMM INC	COM	747525103	234	1,376	SH		DFND	1	1,376	0	0
ROBINHOOD MKTS INC	COM CL A	770700102	379	16,167	SH		DFND	1	16,167	0	0
SALESFORCE INC	COM	79466L302	216	790	SH		DFND	1	790	0	0
SEA LTD	SPONSORD ADS	81141R100	339	3,591	SH		DFND	1	3,591	0	0
SHOPIFY INC	CL A	82509L107	321	4,007	SH		DFND	1	4,007	0	0
SNOWFLAKE INC	CL A	833445109	596	5,192	SH		DFND	1	5,192	0	0
SOFI TECHNOLOGIES INC	COM	83406F102	1,377	175,210	SH		DFND	1	175,210	0	0
STARBUCKS CORP	COM	855244109	212	2,177	SH		DFND	1	2,177	0	0
SUPER MICRO COMPUTER INC	COM	86800U104	2,177	5,229	SH		DFND	1	5,229	0	0
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADS	874039100	641	3,691	SH		DFND	1	3,691	0	0
TAKE-TWO INTERACTIVE SOFTWAR	COM	874054109	304	1,976	SH		DFND	1	1,976	0	0
TAL EDUCATION GROUP	SPONSORED ADS	874080104	292	24,633	SH		DFND	1	24,633	0	0
TARGET CORP	COM	87612E106	581	3,727	SH		DFND	1	3,727	0	0
TESLA INC	COM	88160R101	535	2,046	SH		DFND	1	2,046	0	0
TEVA PHARMACEUTICAL INDS LTD	SPONSORED ADS	881624209	6,607	366,674	SH		DFND	1	366,674	0	0
TEXAS INSTRS INC	COM	882508104	328	1,588	SH		DFND	1	1,588	0	0
TMC THE METALS COMPANY INC	COM	87261Y106	53	50,000	SH		DFND	1	50,000	0	0
UBER TECHNOLOGIES INC	COM	90353T100	278	3,697	SH		DFND	1	3,697	0	0
VALE S A	SPONSORED ADS	91912E105	2,096	179,474	SH		DFND	1	179,474	0	0
VANECK ETF TRUST	SEMICONDUCTR ETF	92189F676	522	2,128	SH		DFND	1	2,128	0	0
VANECK ETF TRUST	GOLD MINERS ETF	92189F106	474	11,908	SH		DFND	1	11,908	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	206	4,576	SH		DFND	1	4,576	0	0
VISA INC	COM CL A	92826C839	891	3,242	SH		DFND	1	3,242	0	0
WALMART INC	COM	931142103	628	7,780	SH		DFND	1	7,780	0	0
WELLS FARGO CO NEW	COM	949746101	2,238	39,623	SH		DFND	1	39,623	0	0
WESTERN DIGITAL CORP.	COM	958102105	257	3,761	SH		DFND	1	3,761	0	0
ADOBE INC	CALL	00724F901	23,766	45,900	SH	Call	DFND	1	45,900	0	0
ADOBE INC	PUT	00724F951	30,653	59,200	SH	Put	DFND	1	59,200	0	0
ADVANCED MICRO DEVICES INC	CALL	007903907	64,122	390,800	SH	Call	DFND	1	390,800	0	0
ADVANCED MICRO DEVICES INC	PUT	007903957	265,317	1,617,000	SH	Put	DFND	1	1,617,000	0	0
AIRBNB INC	CALL	009066901	19,706	155,400	SH	Call	DFND	1	155,400	0	0
AIRBNB INC	PUT	009066951	31,500	248,400	SH	Put	DFND	1	248,400	0	0
ALIBABA GROUP HLDG LTD	CALL	01609W902	10,623	100,100	SH	Call	DFND	1	100,100	0	0
ALIBABA GROUP HLDG LTD	PUT	01609W952	3,714	35,000	SH	Put	DFND	1	35,000	0	0
ALPHABET INC	CALL	02079K907	95,513	575,900	SH	Call	DFND	1	575,900	0	0
ALPHABET INC	PUT	02079K957	121,585	733,100	SH	Put	DFND	1	733,100	0	0
AMAZON COM INC	CALL	023135906	98,587	529,100	SH	Call	DFND	1	529,100	0	0
AMAZON COM INC	PUT	023135956	184,634	990,900	SH	Put	DFND	1	990,900	0	0
AMERICAN AIRLS GROUP INC	CALL	02376R902	17,539	1,560,400	SH	Call	DFND	1	1,560,400	0	0
AMERICAN AIRLS GROUP INC	PUT	02376R952	41,465	3,689,100	SH	Put	DFND	1	3,689,100	0	0
AMERICAN EXPRESS CO	CALL	025816909	52,342	193,000	SH	Call	DFND	1	193,000	0	0
AMERICAN EXPRESS CO	PUT	025816959	29,344	108,200	SH	Put	DFND	1	108,200	0	0
AMERICAN INTL GROUP INC	CALL	026874904	7,418	101,300	SH	Call	DFND	1	101,300	0	0
AMERICAN INTL GROUP INC	PUT	026874954	12,281	167,700	SH	Put	DFND	1	167,700	0	0
ANALOG DEVICES INC	CALL	032654905	5,202	22,600	SH	Call	DFND	1	22,600	0	0
ANALOG DEVICES INC	PUT	032654955	3,453	15,000	SH	Put	DFND	1	15,000	0	0
APPLE INC	CALL	037833900	80,269	344,500	SH	Call	DFND	1	344,500	0	0
APPLE INC	PUT	037833950	199,891	857,900	SH	Put	DFND	1	857,900	0	0
APPLIED MATLS INC	CALL	038222905	1,010	5,000	SH	Call	DFND	1	5,000	0	0
APPLIED MATLS INC	PUT	038222955	8,122	40,200	SH	Put	DFND	1	40,200	0	0
ARK ETF TR	CALL	00214Q904	238	5,000	SH	Call	DFND	1	5,000	0	0
ARK ETF TR	PUT	00214Q954	247	5,200	SH	Put	DFND	1	5,200	0	0
ARM HOLDINGS PLC	CALL	042068905	23,211	162,300	SH	Call	DFND	1	162,300	0	0
ARM HOLDINGS PLC	PUT	042068955	40,172	280,900	SH	Put	DFND	1	280,900	0	0
ASML HOLDING N V	PUT	N07059950	23,831	28,600	SH	Put	DFND	1	28,600	0	0
BAIDU INC	CALL	056752908	1,611	15,300	SH	Call	DFND	1	15,300	0	0
BAIDU INC	PUT	056752958	4,212	40,000	SH	Put	DFND	1	40,000	0	0
BANCO BRADESCO S A	CALL	059460903	133	50,000	SH	Call	DFND	1	50,000	0	0
BANCO BRADESCO S A	PUT	059460953	133	50,000	SH	Put	DFND	1	50,000	0	0
BANK AMERICA CORP	CALL	060505904	20,570	518,400	SH	Call	DFND	1	518,400	0	0
BANK AMERICA CORP	PUT	060505954	72,491	1,826,900	SH	Put	DFND	1	1,826,900	0	0
BARRICK GOLD CORP	CALL	067901908	11,728	436,000	SH	Call	DFND	1	436,000	0	0
BARRICK GOLD CORP	PUT	067901958	8,853	329,100	SH	Put	DFND	1	329,100	0	0
BILIBILI INC	CALL	090040906	27,472	1,175,000	SH	Call	DFND	1	1,175,000	0	0
BILIBILI INC	PUT	090040956	3,858	165,000	SH	Put	DFND	1	165,000	0	0
BLOCK INC	CALL	852234903	34,324	511,300	SH	Call	DFND	1	511,300	0	0
BLOCK INC	PUT	852234953	30,564	455,300	SH	Put	DFND	1	455,300	0	0
BOEING CO	CALL	097023905	27,018	177,700	SH	Call	DFND	1	177,700	0	0
BOEING CO	PUT	097023955	60,086	395,200	SH	Put	DFND	1	395,200	0	0
BP PLC	CALL	055622904	1,039	33,100	SH	Call	DFND	1	33,100	0	0
BP PLC	PUT	055622954	3,965	126,300	SH	Put	DFND	1	126,300	0	0
BROADCOM INC	CALL	11135F901	49,163	285,000	SH	Call	DFND	1	285,000	0	0
BROADCOM INC	PUT	11135F951	164,841	955,600	SH	Put	DFND	1	955,600	0	0
CARNIVAL CORP	CALL	143658900	39,920	2,160,200	SH	Call	DFND	1	2,160,200	0	0
CARNIVAL CORP	PUT	143658950	55,035	2,978,100	SH	Put	DFND	1	2,978,100	0	0
CARVANA CO	PUT	146869952	15,235	87,500	SH	Put	DFND	1	87,500	0	0
CATERPILLAR INC	CALL	149123901	36,844	94,200	SH	Call	DFND	1	94,200	0	0
CATERPILLAR INC	PUT	149123951	28,082	71,800	SH	Put	DFND	1	71,800	0	0
CHEVRON CORP NEW	CALL	166764900	18,924	128,500	SH	Call	DFND	1	128,500	0	0
CHEVRON CORP NEW	PUT	166764950	11,590	78,700	SH	Put	DFND	1	78,700	0	0
CISCO SYS INC	CALL	17275R902	31,810	597,700	SH	Call	DFND	1	597,700	0	0
CISCO SYS INC	PUT	17275R952	10,777	202,500	SH	Put	DFND	1	202,500	0	0
CITIGROUP INC	CALL	172967904	28,884	461,400	SH	Call	DFND	1	461,400	0	0
CITIGROUP INC	PUT	172967954	32,076	512,400	SH	Put	DFND	1	512,400	0	0
CLEVELAND-CLIFFS INC NEW	CALL	185899901	950	74,400	SH	Call	DFND	1	74,400	0	0
CLEVELAND-CLIFFS INC NEW	PUT	185899951	639	50,000	SH	Put	DFND	1	50,000	0	0
CLOUDFLARE INC	CALL	18915M907	1,869	23,100	SH	Call	DFND	1	23,100	0	0
CLOUDFLARE INC	PUT	18915M957	3,341	41,300	SH	Put	DFND	1	41,300	0	0
CROWDSTRIKE HLDGS INC	CALL	22788C905	6,703	23,900	SH	Call	DFND	1	23,900	0	0
CROWDSTRIKE HLDGS INC	PUT	22788C955	23,531	83,900	SH	Put	DFND	1	83,900	0	0
DELTA AIR LINES INC DEL	CALL	247361902	32,475	639,400	SH	Call	DFND	1	639,400	0	0
DELTA AIR LINES INC DEL	PUT	247361952	26,396	519,700	SH	Put	DFND	1	519,700	0	0
DISNEY WALT CO	CALL	254687906	7,137	74,200	SH	Call	DFND	1	74,200	0	0
DISNEY WALT CO	PUT	254687956	12,841	133,500	SH	Put	DFND	1	133,500	0	0
EXXON MOBIL CORP	CALL	30231G902	8,112	69,200	SH	Call	DFND	1	69,200	0	0
EXXON MOBIL CORP	PUT	30231G952	25,624	218,600	SH	Put	DFND	1	218,600	0	0
FORD MTR CO	CALL	345370900	23,421	2,217,900	SH	Call	DFND	1	2,217,900	0	0
FORD MTR CO	PUT	345370950	42,229	3,999,000	SH	Put	DFND	1	3,999,000	0	0
FREEPORT-MCMORAN INC	CALL	35671D907	20,258	405,800	SH	Call	DFND	1	405,800	0	0
FREEPORT-MCMORAN INC	PUT	35671D957	35,573	712,600	SH	Put	DFND	1	712,600	0	0
FUTU HLDGS LTD	CALL	36118L906	29,087	304,100	SH	Call	DFND	1	304,100	0	0
FUTU HLDGS LTD	PUT	36118L956	12,788	133,700	SH	Put	DFND	1	133,700	0	0
GENERAL MTRS CO	CALL	37045V900	6,121	136,500	SH	Call	DFND	1	136,500	0	0
GENERAL MTRS CO	PUT	37045V950	27,608	615,700	SH	Put	DFND	1	615,700	0	0
GOLDMAN SACHS GROUP INC	CALL	38141G904	5,545	11,200	SH	Call	DFND	1	11,200	0	0
GOLDMAN SACHS GROUP INC	PUT	38141G954	1,485	3,000	SH	Put	DFND	1	3,000	0	0
HOME DEPOT INC	CALL	437076902	3,201	7,900	SH	Call	DFND	1	7,900	0	0
HOME DEPOT INC	PUT	437076952	1,945	4,800	SH	Put	DFND	1	4,800	0	0
INTEL CORP	CALL	458140900	64,365	2,743,600	SH	Call	DFND	1	2,743,600	0	0
INTEL CORP	PUT	458140950	43,124	1,838,200	SH	Put	DFND	1	1,838,200	0	0
INTERNATIONAL BUSINESS MACHS	CALL	459200901	1,592	7,200	SH	Call	DFND	1	7,200	0	0
INTERNATIONAL BUSINESS MACHS	PUT	459200951	1,592	7,200	SH	Put	DFND	1	7,200	0	0
ISHARES INC	CALL	464286903	9,732	330,000	SH	Call	DFND	1	330,000	0	0
ISHARES INC	PUT	464286953	28,083	952,300	SH	Put	DFND	1	952,300	0	0
ISHARES TR	CALL	464287901	51,794	1,629,500	SH	Call	DFND	1	1,629,500	0	0
ISHARES TR	PUT	464287951	26,197	824,200	SH	Put	DFND	1	824,200	0	0
ITAU UNIBANCO HLDG S A	CALL	465562906	156	23,500	SH	Call	DFND	1	23,500	0	0
ITAU UNIBANCO HLDG S A	PUT	465562956	994	150,000	SH	Put	DFND	1	150,000	0	0
JD.COM INC	CALL	47215P906	39,308	982,700	SH	Call	DFND	1	982,700	0	0
JD.COM INC	PUT	47215P956	14,968	374,200	SH	Put	DFND	1	374,200	0	0
JPMORGAN CHASE & CO.	CALL	46625H900	26,969	127,900	SH	Call	DFND	1	127,900	0	0
JPMORGAN CHASE & CO.	PUT	46625H950	37,343	177,100	SH	Put	DFND	1	177,100	0	0
KE HLDGS INC	CALL	482497904	16,422	824,800	SH	Call	DFND	1	824,800	0	0
KE HLDGS INC	PUT	482497954	6,031	302,900	SH	Put	DFND	1	302,900	0	0
KRANESHARES TRUST	CALL	500767906	3,742	110,000	SH	Call	DFND	1	110,000	0	0
KRANESHARES TRUST	PUT	500767956	1,701	50,000	SH	Put	DFND	1	50,000	0	0
LAM RESEARCH CORP	CALL	512807908	4,896	6,000	SH	Call	DFND	1	6,000	0	0
LAM RESEARCH CORP	PUT	512807958	6,121	7,500	SH	Put	DFND	1	7,500	0	0
LI AUTO INC	CALL	50202M902	7,446	290,300	SH	Call	DFND	1	290,300	0	0
LI AUTO INC	PUT	50202M952	4,853	189,200	SH	Put	DFND	1	189,200	0	0
LUCID GROUP INC	CALL	549498903	783	221,700	SH	Call	DFND	1	221,700	0	0
LUCID GROUP INC	PUT	549498953	3,281	929,400	SH	Put	DFND	1	929,400	0	0
LULULEMON ATHLETICA INC	CALL	550021909	12,509	46,100	SH	Call	DFND	1	46,100	0	0
LULULEMON ATHLETICA INC	PUT	550021959	41,137	151,600	SH	Put	DFND	1	151,600	0	0
MARVELL TECHNOLOGY INC	CALL	573874904	7,933	110,000	SH	Call	DFND	1	110,000	0	0
MARVELL TECHNOLOGY INC	PUT	573874954	16,277	225,700	SH	Put	DFND	1	225,700	0	0
MASTERCARD INCORPORATED	CALL	57636Q904	1,926	3,900	SH	Call	DFND	1	3,900	0	0
MASTERCARD INCORPORATED	PUT	57636Q954	1,037	2,100	SH	Put	DFND	1	2,100	0	0
MCDONALDS CORP	CALL	580135901	2,284	7,500	SH	Call	DFND	1	7,500	0	0
MCDONALDS CORP	PUT	580135951	1,979	6,500	SH	Put	DFND	1	6,500	0	0
META PLATFORMS INC	CALL	30303M902	14,082	24,600	SH	Call	DFND	1	24,600	0	0
META PLATFORMS INC	PUT	30303M952	68,979	120,500	SH	Put	DFND	1	120,500	0	0
MICRON TECHNOLOGY INC	CALL	595112903	58,036	559,600	SH	Call	DFND	1	559,600	0	0
MICRON TECHNOLOGY INC	PUT	595112953	79,452	766,100	SH	Put	DFND	1	766,100	0	0
MICROSOFT CORP	CALL	594918904	420,704	977,700	SH	Call	DFND	1	977,700	0	0
MICROSOFT CORP	PUT	594918954	702,465	1,632,500	SH	Put	DFND	1	1,632,500	0	0
MORGAN STANLEY	CALL	617446908	6,640	63,700	SH	Call	DFND	1	63,700	0	0
MORGAN STANLEY	PUT	617446958	2,293	22,000	SH	Put	DFND	1	22,000	0	0
NETFLIX INC	CALL	64110L906	22,555	31,800	SH	Call	DFND	1	31,800	0	0
NETFLIX INC	PUT	64110L956	41,280	58,200	SH	Put	DFND	1	58,200	0	0
NEW ORIENTAL ED & TECHNOLOGY	CALL	647581906	1,289	17,000	SH	Call	DFND	1	17,000	0	0
NEW ORIENTAL ED & TECHNOLOGY	PUT	647581956	1,122	14,800	SH	Put	DFND	1	14,800	0	0
NEWMONT CORP	CALL	651639906	32,471	607,500	SH	Call	DFND	1	607,500	0	0
NEWMONT CORP	PUT	651639956	9,674	181,000	SH	Put	DFND	1	181,000	0	0
NIKE INC	CALL	654106903	25,000	282,800	SH	Call	DFND	1	282,800	0	0
NIKE INC	PUT	654106953	30,604	346,200	SH	Put	DFND	1	346,200	0	0
NIO INC	CALL	62914V906	44,153	6,609,700	SH	Call	DFND	1	6,609,700	0	0
NIO INC	PUT	62914V956	30,040	4,497,000	SH	Put	DFND	1	4,497,000	0	0
NORWEGIAN CRUISE LINE HLDG L	CALL	G66721904	7,987	389,400	SH	Call	DFND	1	389,400	0	0
NORWEGIAN CRUISE LINE HLDG L	PUT	G66721954	19,788	964,800	SH	Put	DFND	1	964,800	0	0
NU HLDGS LTD	PUT	G6683N953	1,092	80,000	SH	Put	DFND	1	80,000	0	0
NVIDIA CORPORATION	CALL	67066G904	86,830	715,000	SH	Call	DFND	1	715,000	0	0
NVIDIA CORPORATION	PUT	67066G954	322,545	2,656,000	SH	Put	DFND	1	2,656,000	0	0
ON SEMICONDUCTOR CORP	CALL	682189905	2,178	30,000	SH	Call	DFND	1	30,000	0	0
ON SEMICONDUCTOR CORP	PUT	682189955	1,089	15,000	SH	Put	DFND	1	15,000	0	0
ORACLE CORP	PUT	68389X955	852	5,000	SH	Put	DFND	1	5,000	0	0
PALANTIR TECHNOLOGIES INC	CALL	69608A908	18,827	506,100	SH	Call	DFND	1	506,100	0	0
PALANTIR TECHNOLOGIES INC	PUT	69608A958	25,582	687,700	SH	Put	DFND	1	687,700	0	0
PALO ALTO NETWORKS INC	CALL	697435905	15,962	46,700	SH	Call	DFND	1	46,700	0	0
PALO ALTO NETWORKS INC	PUT	697435955	18,765	54,900	SH	Put	DFND	1	54,900	0	0
PAYPAL HLDGS INC	CALL	70450Y903	53,568	686,500	SH	Call	DFND	1	686,500	0	0
PAYPAL HLDGS INC	PUT	70450Y953	16,480	211,200	SH	Put	DFND	1	211,200	0	0
PDD HOLDINGS INC	CALL	722304902	49,610	368,000	SH	Call	DFND	1	368,000	0	0
PDD HOLDINGS INC	PUT	722304952	34,835	258,400	SH	Put	DFND	1	258,400	0	0
PETROLEO BRASILEIRO SA PETRO	CALL	71654V901	8,522	591,300	SH	Call	DFND	1	591,300	0	0
PETROLEO BRASILEIRO SA PETRO	PUT	71654V951	10,460	725,800	SH	Put	DFND	1	725,800	0	0
PFIZER INC	CALL	717081903	11,923	412,000	SH	Call	DFND	1	412,000	0	0
PFIZER INC	PUT	717081953	15,144	523,300	SH	Put	DFND	1	523,300	0	0
PINTEREST INC	PUT	72352L956	880	27,200	SH	Put	DFND	1	27,200	0	0
QUALCOMM INC	CALL	747525903	23,008	135,300	SH	Call	DFND	1	135,300	0	0
QUALCOMM INC	PUT	747525953	54,620	321,200	SH	Put	DFND	1	321,200	0	0
ROBINHOOD MKTS INC	CALL	770700902	2,761	117,900	SH	Call	DFND	1	117,900	0	0
SALESFORCE INC	CALL	79466L902	10,647	38,900	SH	Call	DFND	1	38,900	0	0
SALESFORCE INC	PUT	79466L952	16,039	58,600	SH	Put	DFND	1	58,600	0	0
SEA LTD	CALL	81141R900	3,592	38,100	SH	Call	DFND	1	38,100	0	0
SEA LTD	PUT	81141R950	4,346	46,100	SH	Put	DFND	1	46,100	0	0
SHOPIFY INC	CALL	82509L907	10,074	125,700	SH	Call	DFND	1	125,700	0	0
SHOPIFY INC	PUT	82509L957	17,030	212,500	SH	Put	DFND	1	212,500	0	0
SNAP INC	CALL	83304A906	2,509	234,500	SH	Call	DFND	1	234,500	0	0
SNAP INC	PUT	83304A956	4,976	465,000	SH	Put	DFND	1	465,000	0	0
SNOWFLAKE INC	CALL	833445909	2,826	24,600	SH	Call	DFND	1	24,600	0	0
SNOWFLAKE INC	PUT	833445959	8,075	70,300	SH	Put	DFND	1	70,300	0	0
SOFI TECHNOLOGIES INC	CALL	83406F902	22,454	2,856,700	SH	Call	DFND	1	2,856,700	0	0
SOFI TECHNOLOGIES INC	PUT	83406F952	17,698	2,251,600	SH	Put	DFND	1	2,251,600	0	0
SPDR GOLD TR	PUT	78463V957	9,115	37,500	SH	Put	DFND	1	37,500	0	0
SPDR S&P 500 ETF TR	PUT	78462F953	16,582	28,900	SH	Put	DFND	1	28,900	0	0
STARBUCKS CORP	CALL	855244909	3,412	35,000	SH	Call	DFND	1	35,000	0	0
STARBUCKS CORP	PUT	855244959	3,900	40,000	SH	Put	DFND	1	40,000	0	0
SUPER MICRO COMPUTER INC	CALL	86800U904	11,867	28,500	SH	Call	DFND	1	28,500	0	0
SUPER MICRO COMPUTER INC	PUT	86800U954	38,725	93,000	SH	Put	DFND	1	93,000	0	0
TAIWAN SEMICONDUCTOR MFG LTD	CALL	874039900	21,726	125,100	SH	Call	DFND	1	125,100	0	0
TAIWAN SEMICONDUCTOR MFG LTD	PUT	874039950	169,623	976,700	SH	Put	DFND	1	976,700	0	0
TAKE-TWO INTERACTIVE SOFTWAR	CALL	874054909	9,699	63,100	SH	Call	DFND	1	63,100	0	0
TAKE-TWO INTERACTIVE SOFTWAR	PUT	874054959	3,489	22,700	SH	Put	DFND	1	22,700	0	0
TAL EDUCATION GROUP	CALL	874080904	187	15,800	SH	Call	DFND	1	15,800	0	0
TAL EDUCATION GROUP	PUT	874080954	326	27,500	SH	Put	DFND	1	27,500	0	0
TARGET CORP	CALL	87612E906	31,125	199,700	SH	Call	DFND	1	199,700	0	0
TARGET CORP	PUT	87612E956	29,567	189,700	SH	Put	DFND	1	189,700	0	0
TESLA INC	CALL	88160R901	61,771	236,100	SH	Call	DFND	1	236,100	0	0
TESLA INC	PUT	88160R951	159,150	608,300	SH	Put	DFND	1	608,300	0	0
TEVA PHARMACEUTICAL INDS LTD	CALL	881624909	13,265	736,100	SH	Call	DFND	1	736,100	0	0
TEVA PHARMACEUTICAL INDS LTD	PUT	881624959	11,360	630,400	SH	Put	DFND	1	630,400	0	0
TEXAS INSTRS INC	CALL	882508904	34,600	167,500	SH	Call	DFND	1	167,500	0	0
TEXAS INSTRS INC	PUT	882508954	36,749	177,900	SH	Put	DFND	1	177,900	0	0
UBER TECHNOLOGIES INC	CALL	90353T900	7,944	105,700	SH	Call	DFND	1	105,700	0	0
UBER TECHNOLOGIES INC	PUT	90353T950	39,158	521,000	SH	Put	DFND	1	521,000	0	0
UNITED AIRLS HLDGS INC	CALL	910047909	35,183	616,600	SH	Call	DFND	1	616,600	0	0
UNITED AIRLS HLDGS INC	PUT	910047959	34,436	603,500	SH	Put	DFND	1	603,500	0	0
UNITED STATES STL CORP NEW	CALL	912909908	3,204	90,700	SH	Call	DFND	1	90,700	0	0
UNITED STATES STL CORP NEW	PUT	912909958	449	12,700	SH	Put	DFND	1	12,700	0	0
UNITEDHEALTH GROUP INC	CALL	91324P902	1,228	2,100	SH	Call	DFND	1	2,100	0	0
UNITEDHEALTH GROUP INC	PUT	91324P952	351	600	SH	Put	DFND	1	600	0	0
VALE S A	CALL	91912E905	98,511	8,434,200	SH	Call	DFND	1	8,434,200	0	0
VALE S A	PUT	91912E955	41,517	3,554,500	SH	Put	DFND	1	3,554,500	0	0
VANECK ETF TRUST	CALL	92189F906	52,734	1,324,300	SH	Call	DFND	1	1,324,300	0	0
VANECK ETF TRUST	PUT	92189F956	50,655	1,272,100	SH	Put	DFND	1	1,272,100	0	0
VERIZON COMMUNICATIONS INC	CALL	92343V904	14,115	314,300	SH	Call	DFND	1	314,300	0	0
VERIZON COMMUNICATIONS INC	PUT	92343V954	13,922	310,000	SH	Put	DFND	1	310,000	0	0
VISA INC	CALL	92826C909	12,565	45,700	SH	Call	DFND	1	45,700	0	0
VISA INC	PUT	92826C959	15,645	56,900	SH	Put	DFND	1	56,900	0	0
WALMART INC	CALL	931142903	7,695	95,300	SH	Call	DFND	1	95,300	0	0
WALMART INC	PUT	931142953	3,537	43,800	SH	Put	DFND	1	43,800	0	0
WELLS FARGO CO NEW	CALL	949746901	27,155	480,700	SH	Call	DFND	1	480,700	0	0
WELLS FARGO CO NEW	PUT	949746951	68,325	1,209,500	SH	Put	DFND	1	1,209,500	0	0
WESTERN DIGITAL CORP.	CALL	958102905	3,415	50,000	SH	Call	DFND	1	50,000	0	0
WESTERN DIGITAL CORP.	PUT	958102955	6,542	95,800	SH	Put	DFND	1	95,800	0	0
WOLFSPEED INC	CALL	977852902	1,052	108,500	SH	Call	DFND	1	108,500	0	0
WOLFSPEED INC	PUT	977852952	671	69,200	SH	Put	DFND	1	69,200	0	0