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
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
AGILENT TECHNOLOGIES INC COM 00846U101 435 6,500 SH   SOLE   0 6,500 0
AMERICAN TOWER CORP COM 03027X100 436 3,000 SH   SOLE   0 3,000 0
AMERICAN WTR WKS CO INC NEW COM 030420103 386 4,700 SH   SOLE   0 4,700 0
AMGEN INC COM 031162100 426 2,500 SH   SOLE   0 2,500 0
BANK NEW YORK MELLON CORP COM 064058100 386 7,500 SH   SOLE   0 7,500 0
BAXTER INTL INC COM 071813109 507 7,800 SH   SOLE   0 7,800 0
BEST BUY INC COM 086516101 504 7,200 SH   SOLE   0 7,200 0
BOEING CO COM 097023105 557 1,700 SH   SOLE   0 1,700 0
CABOT OIL & GAS CORP COM 127097103 415 17,300 SH   SOLE   0 17,300 0
CITIGROUP INC COM COM NEW 172967424 338 5,000 SH   SOLE   0 5,000 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 113 60 SH   SOLE   0 60 0
CONSTELLATION BRANDS INC CL A 21036P108 479 2,100 SH   SOLE   0 2,100 0
CORNING INC COM 219350105 368 13,200 SH   SOLE   0 13,200 0
HANESBRANDS INC COM 410345102 363 19,700 SH   SOLE   0 19,700 0
HOME DEPOT INC COM 437076102 428 2,400 SH   SOLE   0 2,400 0
LAM RESEARCH CORP COM 512807108 345 1,700 SH   SOLE   0 1,700 0
LAUDER ESTEE COS INC CL A 518439104 614 4,100 SH   SOLE   0 4,100 0
LEUCADIA NATL CORP COM 527288104 359 15,800 SH   SOLE   0 15,800 0
MARATHON PETE CORP COM 56585A102 519 7,100 SH   SOLE   0 7,100 0
NEWMONT MINING CORP COM 651639106 496 12,700 SH   SOLE   0 12,700 0
QUEST DIAGNOSTICS INC COM 74834L100 461 4,600 SH   SOLE   0 4,600 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 344 3,400 SH   SOLE   0 3,400 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 309 11,200 SH   SOLE   0 11,200 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 104 1,400 SH   SOLE   0 1,400 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 255 3,900 SH   SOLE   0 3,900 0
SOUTHWEST AIRLS CO COM 844741108 304 5,300 SH   SOLE   0 5,300 0
TEXAS INSTRS INC COM 882508104 447 4,300 SH   SOLE   0 4,300 0
TOTAL SYS SVCS INC COM 891906109 474 5,500 SH   SOLE   0 5,500 0
VALERO ENERGY CORP NEW COM 91913Y100 482 5,200 SH   SOLE   0 5,200 0
VISA INC COM CL A 92826C839 514 4,300 SH   SOLE   0 4,300 0
ZIONS BANCORPORATION COM 989701107 469 8,900 SH   SOLE   0 8,900 0
ALCOA CORP COM 013872106 1,097 24,400 SH   SOLE   0 24,400 0
ALLIANCE HOLDINGS GP LP COM UNITS LP 01861G100 973 38,900 SH   SOLE   0 38,900 0
ALLIANCE RES PARTNER L P UT LTD PART 01877R108 1,070 60,600 SH   SOLE   0 60,600 0
BP PRUDHOE BAY RTY TR UNIT BEN INT 055630107 96 4,000 SH   SOLE   0 4,000 0
FREEPORT-MCMORAN INC CALL 35671D857 27 300 SH Call SOLE   0 300 0
CLAYMORE EXCHANGE TRD FD TR GUGG SHIPPNG ETF 18383Q796 171 16,300 SH   SOLE   0 16,300 0
EXXON MOBIL CORP CALL 30231G102 10 300 SH Call SOLE   0 300 0
ROYAL DUTCH SHELL PLC SPONS ADR A CALL 780259206 45 280 SH Call SOLE   0 280 0
FREEPORT-MCMORAN INC CALL 35671D857 41 400 SH Call SOLE   0 400 0
TOTAL S A SPONSORED ADR CALL 89151E109 75 300 SH Call SOLE   0 300 0
EXXON MOBIL CORP CALL 30231G102 4 400 SH Call SOLE   0 400 0
SPDR INDEX SHS FDS CALL 78463X541 77 1,100 SH Call SOLE   0 1,100 0
SPDR INDEX SHS FDS CALL 78463X541 123 1,000 SH Call SOLE   0 1,000 0
SPDR INDEX SHS FDS CALL 78463X541 137 1,400 SH Call SOLE   0 1,400 0
SPDR INDEX SHS FDS CALL 78463X541 83 1,100 SH Call SOLE   0 1,100 0
GLOBAL X FDS GLOBAL X COPPER 37954Y830 114 4,400 SH   SOLE   0 4,400 0
BHP BILLITON LTD CALL 088606108 59 260 SH Call SOLE   0 260 0
BHP BILLITON LTD CALL 088606108 14 300 SH Call SOLE   0 300 0
FRANCO NEVADA CORP CALL 351858105 33 150 SH Call SOLE   0 150 0
TOTAL S A CALL 89151E109 98 600 SH Call SOLE   0 600 0
BP PLC CALL 055622104 59 510 SH Call SOLE   0 510 0
KLONDEX MNS LTD CALL 498696103 1 719 SH Call SOLE   0 719 0
CHEVRON CORP CALL 166764100 20 100 SH Call SOLE   0 100 0
PILGRIMS PRIDE CORP NEW COM 72147K108 751 30,500 SH   SOLE   0 30,500 0
SPDR SERIES TRUST S&P OILGAS CALL 78464A730 48 300 SH Call SOLE   0 300 0
SPDR SERIES TRUST S&P OILGAS CALL 78464A730 16 360 SH Call SOLE   0 360 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 158 20,000 SH   SOLE   0 20,000 0
TPI COMPOSITES INC COM 87266J104 1,309 58,300 SH   SOLE   0 58,300 0
TERRA NITROGEN CO L P CALL 881005201 1,033 12,300 SH Call SOLE   0 12,300 0
CHEVRON CORP CALL 166764100 33 160 SH Call SOLE   0 160 0
BP PLC CALL 055622104 39 500 SH Call SOLE   0 500 0
VANECK VECTORS ETF TR COAL ETF 92189F809 267 17,000 SH   SOLE   0 17,000 0
COMSTOCK MNG INC COM NEW 205750201 231 924,329 SH   SOLE   0 924,329 0
DIREXION SHS ETF TR DLY GOLD INDX 3X 25460E844 854 35,000 SH   SOLE   0 35,000 0
DIREXION SHS ETF TR DAILY JR BULL 3X 25460E851 814 60,000 SH   SOLE   0 60,000 0
NEWMONT MINING CORP COM 651639106 1,954 50,000 SH   SOLE   0 50,000 0
AMC NETWORKS INC CL A 00164V103 1,334 25,800 SH   SOLE   0 25,800 0
BOSTON BEER INC CL A 100557107 1,156 6,117 SH   SOLE   0 6,117 0
CDK GLOBAL INC COM 12508E101 931 14,700 SH   SOLE   0 14,700 0
CIENA CORP COM NEW 171779309 1,129 43,597 SH   SOLE   0 43,597 0
SPDR S&P 500 ETF TR PUT 78462F103 285 152 SH Put SOLE   0 152 0
EAGLE PHARMACEUTICALS INC COM 269796108 1,012 19,200 SH   SOLE   0 19,200 0
ENERGIZER HLDGS INC NEW COM 29272W109 1,007 16,900 SH   SOLE   0 16,900 0
FOX FACTORY HLDG CORP COM 35138V102 963 27,600 SH   SOLE   0 27,600 0
IDEXX LABS INC COM 45168D104 2,373 12,400 SH   SOLE   0 12,400 0
INGEVITY CORP COM 45688C107 1,385 18,801 SH   SOLE   0 18,801 0
KIMBERLY CLARK CORP COM 494368103 1,366 12,400 SH   SOLE   0 12,400 0
KOPPERS HOLDINGS INC COM 50060P106 937 22,800 SH   SOLE   0 22,800 0
LGI HOMES INC COM 50187T106 1,016 14,400 SH   SOLE   0 14,400 0
LAMB WESTON HLDGS INC COM 513272104 1,368 23,500 SH   SOLE   0 23,500 0
LENNOX INTL INC COM 526107107 1,615 7,900 SH   SOLE   0 7,900 0
MEDIFAST INC COM 58470H101 1,645 17,600 SH   SOLE   0 17,600 0
MIMEDX GROUP INC COM 602496101 725 104,000 SH   SOLE   0 104,000 0
NIC INC COM 62914B100 910 68,411 SH   SOLE   0 68,411 0
PETMED EXPRESS INC COM 716382106 1,244 29,800 SH   SOLE   0 29,800 0
PHIBRO ANIMAL HEALTH CORP CL A COM 71742Q106 1,310 33,000 SH   SOLE   0 33,000 0
POOL CORPORATION COM 73278L105 1,857 12,700 SH   SOLE   0 12,700 0
S&P GLOBAL INC COM 78409V104 2,789 14,600 SH   SOLE   0 14,600 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 790 7,800 SH   SOLE   0 7,800 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 797 28,900 SH   SOLE   0 28,900 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 290 3,900 SH   SOLE   0 3,900 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 478 7,300 SH   SOLE   0 7,300 0
SLEEP NUMBER CORP COM 83125X103 1,083 30,800 SH   SOLE   0 30,800 0
TREX CO INC COM 89531P105 1,697 15,600 SH   SOLE   0 15,600 0
WD-40 CO COM 929236107 1,357 10,300 SH   SOLE   0 10,300 0
WYNN RESORTS LTD COM 983134107 2,225 12,200 SH   SOLE   0 12,200 0
COMSTOCK MNG INC COM COM NEW 205750201 133 533,000 SH   SOLE   0 533,000 0
DIREXION SHS ETF TR DLY GOLD INDX 3X 25460E844 610 25,000 SH   SOLE   0 25,000 0
DIREXION SHS ETF TR DAILY JR BULL 3X 25460E851 542 40,000 SH   SOLE   0 40,000 0
ALASKA AIR GROUP INC COM 011659109 4,137 66,764 SH   SOLE   0 66,764 0
ALLEGIANT TRAVEL CO COM 01748X102 4,217 24,437 SH   SOLE   0 24,437 0
AMERICAN AIRLS GROUP INC COM 02376R102 12,573 241,967 SH   SOLE   0 241,967 0
BOEING CO COM 097023105 3,144 9,589 SH   SOLE   0 9,589 0
DELTA AIR LINES INC DEL COM NEW 247361702 12,441 226,982 SH   SOLE   0 226,982 0
FORTUNA SILVER MINES INC COM 349915108 337 64,688 SH   SOLE   0 64,688 0
FORTUNA SILVER MINES INC COM 349915108 116 22,358 SH   SOLE   0 22,358 0
GENERAL DYNAMICS CORP COM 369550108 3,077 13,928 SH   SOLE   0 13,928 0
GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 215 53,528 SH   SOLE   0 53,528 0
GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 74 18,501 SH   SOLE   0 18,501 0
HAWAIIAN HOLDINGS INC COM 419879101 3,207 82,880 SH   SOLE   0 82,880 0
JETBLUE AIRWAYS CORP COM 477143101 4,181 205,782 SH   SOLE   0 205,782 0
KINROSS GOLD CORP COM NO PAR 496902404 336 85,000 SH   SOLE   0 85,000 0
ROYAL GOLD INC COM 780287108 1,148 13,365 SH   SOLE   0 13,365 0
ROYAL GOLD INC COM 780287108 402 4,684 SH   SOLE   0 4,684 0
RYANAIR HLDGS PLC SPONSORED ADR NE 783513203 1,031 8,395 SH   SOLE   0 8,395 0
SKYWEST INC COM 830879102 4,113 75,606 SH   SOLE   0 75,606 0
SOUTHWEST AIRLS CO COM 844741108 12,444 217,253 SH   SOLE   0 217,253 0
SPIRIT AIRLS INC COM 848577102 4,170 110,388 SH   SOLE   0 110,388 0
UNITED CONTL HLDGS INC COM 910047109 12,549 180,641 SH   SOLE   0 180,641 0
FRANCO NEVADA CORP COM 351858105 1,106 16,166 SH   SOLE   0 16,166 0
HARMONY GOLD MNG LTD SPONSORED ADR 413216300 330 138,244 SH   SOLE   0 138,244 0
HARMONY GOLD MNG LTD SPONSORED ADR 413216300 114 47,780 SH   SOLE   0 47,780 0
TEXTRON INC COM 883203101 3,160 53,595 SH   SOLE   0 53,595 0
GOL LINHAS AEREAS INTLG S A SPON ADR PFD NEW 38045R206 1,054 81,134 SH   SOLE   0 81,134 0
GRUPO AEROPORTUARIO CTR NORT SPON ADR 400501102 1,041 26,424 SH   SOLE   0 26,424 0
SSR MNG INC COM 784730103 343 35,751 SH   SOLE   0 35,751 0
WHEATON PRECIOUS METALS CORP COM 962879102 1,128 55,357 SH   SOLE   0 55,357 0
COEUR MNG INC COM NEW 192108504 336 42,000 SH   SOLE   0 42,000 0
COEUR MNG INC COM NEW 192108504 121 15,172 SH   SOLE   0 15,172 0
GOLDCORP INC NEW COM 380956409 332 24,000 SH   SOLE   0 24,000 0
KINROSS GOLD CORP COM NO PAR 496902404 119 30,007 SH   SOLE   0 1 0
FRANCO NEVADA CORP COM 351858105 385 5,642 SH   SOLE   0 0 0
AURYN RES INC COM 05208W108 1,649 1,250,000 SH   SOLE   0 0 0
SILVERCORP METALS INC COM 82835P103 457 169,808 SH   SOLE   0 100,000 0
SILVERCORP METALS INC COM 82835P103 158 58,689 SH   SOLE   0 34,076 0
SSR MNG INC COM 784730103 119 12,368 SH   SOLE   0 5,061 0
TECK RESOURCES LTD CL B 878742204 873 33,900 SH   SOLE   0 700,000 0
TASEKO MINES LTD COM 876511106 616 522,600 SH   SOLE   0 0 0
AMERICAS SILVER CORP COM NEW 03063L705 820 250,000 SH   SOLE   0 0 0
WHEATON PRECIOUS METALS CORP COM 962879102 396 19,463 SH   SOLE   0 100,000 0
GOLDCORP INC NEW COM 380956409 119 8,619 SH   SOLE   0 1,475,000 0
NORBORD INC COM NEW 65548P403 1,102 30,400 SH   SOLE   0 20,598 0