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>A softer headline week, with Friday strength and supportive overseas markets setting up renewed strength on Monday.</li>
<li>Breadth was mixed, with gainers fewer in impact than decliners as downside moves remained more pronounced.</li>
<li>Implied vols continued to ease, pushing index and single stock percentiles materially lower.</li>
</ul>


A softer headline week, with Friday strength and supportive overseas markets setting up renewed strength on Monday.
Breadth was mixed, with gainers fewer in impact than decliners as downside moves remained more pronounced.
Implied vols continued to ease, pushing index and single stock percentiles materially lower.


Hong Kong Single Stock Options Weekly (April 20–24): Friday Rebound and Falling Vols Offer Support

Hang Seng Index

Hong Kong Single Stock Options Weekly (April 20–24): Friday Rebound and Falling Vols Offer Support