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

Pop Mart (9992.HK): A Rebound Trade Framed by Concentrated Flow and Vol Dynamics

Hong Kong Single Stock Options Weekly (Apr 27–30): Energy Strength and Pop Mart Activity Spike

Hong Kong Single Stock Options Weekly (May 04–07): Earnings and Pop Mart Flows (Again) In Focus

Clifton Derivatives

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

Equity Derivatives

<ul>
<li>Weekly price action driven by a midweek surge which put a shine on internal participation.</li>
<li>Trading activity was subdued due to the shortened week, with volumes declining in line with typical holiday conditions.</li>
<li>Implied volatility declined across both index and single stock options, reflecting reduced activity and a quieter trading environment.</li>
</ul>


Weekly price action driven by a midweek surge which put a shine on internal participation.
Trading activity was subdued due to the shortened week, with volumes declining in line with typical holiday conditions.
Implied volatility declined across both index and single stock options, reflecting reduced activity and a quieter trading environment.


Kingdee International Software Group (268 HK)

Hong Kong Single Stock Options Weekly (Apr 08–10): Markets Awaken on the Back of Midweek Taco Rally

Hang Seng Index

Hong Kong Single Stock Options Weekly (Apr 08–10): Markets Awaken on the Back of Midweek Taco Rally