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>Hong Kong equities weakened through most of the week, with poor breadth and earnings-related moves weighing on the broader tone.</li>
<li>Rising single stock option volumes contrasted with weakening equities and declining implied volatility across both the Index and single stock markets.</li>
<li>Single stock option activity continued to increase, although Call participation remained relatively subdued across the market.</li>
</ul>


Hong Kong equities weakened through most of the week, with poor breadth and earnings-related moves weighing on the broader tone.
Rising single stock option volumes contrasted with weakening equities and declining implied volatility across both the Index and single stock markets.
Single stock option activity continued to increase, although Call participation remained relatively subdued across the market.


Hong Kong Single Stock Options Weekly Aug 10–14: Option Activity Builds as Equities Weaken

Hang Seng Index

Hong Kong Single Stock Options Weekly Aug 10–14: Option Activity Builds as Equities Weaken