Equity Derivatives and Volatility Specialist, Clifton Derivatives

John Ley

Ex-Portfolio Manager with over 25 years of derivatives experience across products and geographies. Specializing in all things Vol - Relative Value volatility trading, Cross-Asset volatility strategies and event handicapping and trading. Develops own proprietary trading tools and analysis.  
Previously: Options Specialist and Market Maker at BMO, Managing Director Global Equity Derivatives at TDS. Most recently, Portfolio Manager of volatility portfolio at Polar Aset Management Partners (> $USD 7 billion multi-strategy hedge fund) focusing on cross-asset relative value volatility and derivative fund overlays.

Equity Derivatives and Volatility Specialist

Clifton Derivatives

Independent derivative and volatility research firm focusing on events/catalysts, earnings, relative value and cross asset volatility strategies.

Equity Derivatives

<ul>
<li>HSI extended gains to fresh highs, supported by strong breadth, surging Materials and IT names, and rising single stock option activity</li>
<li>Broad gains across all sectors highlighted strong momentum, with leadership from Materials and Information Technology.</li>
<li>We examine the distribution of returns since the April lows finding that the tails are distinctly unbalanced.</li>
</ul>


HSI extended gains to fresh highs, supported by strong breadth, surging Materials and IT names, and rising single stock option activity
Broad gains across all sectors highlighted strong momentum, with leadership from Materials and Information Technology.
We examine the distribution of returns since the April lows finding that the tails are distinctly unbalanced.


Semiconductor Manufacturing International Corp (SMIC) (981 HK)

Semiconductor Manufacturing International Corp (SMIC)

Hong Kong Single Stock Options (Sept 29 – Oct 03): Materials and IT Lead Amid Rising Option Activity

Hang Seng Index

Hong Kong Single Stock Options (Sept 29 – Oct 03): Materials and IT Lead Amid Rising Option Activity