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>Stocks were broadly lower, giving back last Friday’s rally with breadth continuing weak.</li>
<li>We present new data showing average single stock implied vols.</li>
<li>Average Single stock implied vols are reaching levels last seen before a major decline.</li>
</ul>


Stocks were broadly lower, giving back last Friday’s rally with breadth continuing weak.
We present new data showing average single stock implied vols.
Average Single stock implied vols are reaching levels last seen before a major decline.


Hong Kong Single Stock Options Weekly (Dec 15–19): Fragile Internals Meet Depressed Impiled Vols

Hang Seng Index

Hong Kong Single Stock Options Weekly (Dec 15–19): Fragile Internals Meet Depressed Impiled Vols