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>Earnings remained a major driver of individual stock moves, creating sharp contrasts beneath an otherwise stronger broader market.</li>
<li>Option activity increased across the week, while Call participation remained relatively subdued despite the stronger equity backdrop.</li>
<li>Health Care drew renewed attention as biotech enthusiasm helped lift activity and performance across the sector.</li>
</ul>


Earnings remained a major driver of individual stock moves, creating sharp contrasts beneath an otherwise stronger broader market.
Option activity increased across the week, while Call participation remained relatively subdued despite the stronger equity backdrop.
Health Care drew renewed attention as biotech enthusiasm helped lift activity and performance across the sector.


Hong Kong Exchanges and Clearing (388 HK)

Hong Kong Single Stock Options Weekly Aug 17–21: Earnings, Biotech and Rising Option Volumes

Hang Seng Index

Hong Kong Single Stock Options Weekly Aug 17–21: Earnings, Biotech and Rising Option Volumes