0001104186-11-000004.txt : 20111115 0001104186-11-000004.hdr.sgml : 20111115 20111115161916 ACCESSION NUMBER: 0001104186-11-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110930 FILED AS OF DATE: 20111115 DATE AS OF CHANGE: 20111115 EFFECTIVENESS DATE: 20111115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MASTERS CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001104186 IRS NUMBER: 582440923 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05511 FILM NUMBER: 111207462 BUSINESS ADDRESS: STREET 1: PO BOX 224229 CITY: CHRISTIANSTED STATE: VI ZIP: 00822 BUSINESS PHONE: 3406925102 MAIL ADDRESS: STREET 1: PO BOX 224229 CITY: CHRISTIANSTED STATE: VI ZIP: 00822 13F-HR 1 t13f-0911.txt FORM 13F - HOLDINGS REPORT Data Field Information: TYPE 13F-HR PERIOD 09/30/11 FILER CIK 0001104186 CCC mezun#8z SUBMISSION-CONTACT NAME Michelle Dobbins PHONE 404-760-3427 UNITED STATES SECRITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2011 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Masters Capital Mgmt, LLC Address: 3060 Peachtree Road NW, Ste 1425 Atlanta, GA 30305 13F File Number: The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Person Signing this Report on Behalf of Reporting Manager: Name: Mike Masters Title: Managing Member Phone: 404-364-2019 Signature, Place, and Date of Signing: Mike Masters Atlanta, GA November 15, 2011 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934 FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 37 Form 13F Information Table Value Total: 405,130 FORM 13F INFORMATION TABLE TITLE OF VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN SOLE SHARED NONE CIENA CORP COM NEW 171779309 7,280 650,000 SH SOLE 650,000 0 0 CON-WAY INC COM 205944101 12,172 550,000 SH SOLE 550,000 0 0 DELTA AIR LINES INC DEL COM NEW 247361702 15,000 2,000,000 SH SOLE 2,000,000 0 0 F5 NETWORKS INC COM 315616102 7,105 100,000 SH CALL SOLE 100,000 0 0 GENERAL MTRS CO *W EXP 07/10/201 37045V118 491 42,225 SH SOLE 42,225 0 0 GENERAL MTRS CO *W EXP 07/10/201 37045V126 335 42,225 SH SOLE 42,225 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 9,455 100,000 SH PUT SOLE 100,000 0 0 GOODYEAR TIRE & RUBR CO COM 382550101 1,514 150,000 SH SOLE 150,000 0 0 GOOGLE INC CL A 38259P508 77,256 150,000 SH CALL SOLE 150,000 0 0 GOOGLE INC CL A 38259P508 51,504 100,000 SH CALL SOLE 100,000 0 0 HARRIS & HARRIS GROUP INC COM 413833104 1,317 371,100 SH SOLE 371,100 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 8,070 500,000 SH CALL SOLE 500,000 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 8,070 500,000 SH CALL SOLE 500,000 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 8,070 500,000 SH CALL SOLE 500,000 0 0 MGIC INVT CORP WIS COM 552848103 5,610 3,000,000 SH SOLE 3,000,000 0 0 MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 8,900 2,000,000 SH SOLE 2,000,000 0 0 MORGAN STANLEY COM NEW 617446448 6,755 500,000 SH CALL SOLE 500,000 0 0 MORGAN STANLEY COM NEW 617446448 6,755 500,000 SH CALL SOLE 500,000 0 0 MORGAN STANLEY COM NEW 617446448 13,510 1,000,000 SH CALL SOLE 1,000,000 0 0 MORGAN STANLEY COM NEW 617446448 13,510 1,000,000 SH CALL SOLE 1,000,000 0 0 MORGAN STANLEY COM NEW 617446448 6,755 500,000 SH SOLE 500,000 0 0 NABORS INDUSTRIES LTD SHS G6359F103 6,130 500,000 SH CALL SOLE 500,000 0 0 NEOPHOTONICS CORP COM 64051T100 7,675 1,115,503 SH SOLE 1,115,503 0 0 OVERSEAS SHIPHOLDING GROUP I COM 690368105 6,870 500,000 SH CALL SOLE 500,000 0 0 OVERSEAS SHIPHOLDING GROUP I COM 690368105 1,374 100,000 SH CALL SOLE 100,000 0 0 OVERSEAS SHIPHOLDING GROUP I COM 690368105 3,435 250,000 SH CALL SOLE 250,000 0 0 OVERSEAS SHIPHOLDING GROUP I COM 690368105 8,931 650,000 SH CALL SOLE 650,000 0 0 TESLA MTRS INC COM 88160R101 2,500 102,500 SH CALL SOLE 102,500 0 0 TESLA MTRS INC COM 88160R101 7,317 300,000 SH CALL SOLE 300,000 0 0 TESLA MTRS INC COM 88160R101 2,439 100,000 SH SOLE 100,000 0 0 U S AIRWAYS GROUP INC COM 90341W108 7,425 1,350,000 SH SOLE 1,350,000 0 0 UNITED CONTL HLDGS INC COM 910047109 19,380 1,000,000 SH CALL SOLE 1,000,000 0 0 UNITED CONTL HLDGS INC COM 910047109 4,845 250,000 SH CALL SOLE 250,000 0 0 UNITED CONTL HLDGS INC COM 910047109 5,814 300,000 SH SOLE 300,000 0 0 VALERO ENERGY CORP NEW COM 91913Y100 35,560 2,000,000 SH CALL SOLE 2,000,000 0 0 VALERO ENERGY CORP NEW COM 91913Y100 12,446 700,000 SH PUT SOLE 700,000 0 0 VALERO ENERGY CORP NEW COM 91913Y100 3,556 200,000 SH SOLE 200,000 0 0