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

Global Macro Outlook (July): Trump Volatility Playbook Offers Clues for July Positioning

Xiaomi: Sentiment Surges, Option Market Signals Overreach

Hong Kong Single Stock Options Weekly (June 23 – 27): Breadth Snaps Back and Option Volumes Surge

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 single stocks traded lower in a holiday-shortened week.</li>
<li>Breadth pulled back sharply from the previous week’s extremes and Put activity picked up noticeably across single stock options.</li>
<li>Intervention in HKD continues to ramp steadily higher with HKD bumping along top of the range. </li>
</ul>


Hong Kong single stocks traded lower in a holiday-shortened week.
Breadth pulled back sharply from the previous week’s extremes and Put activity picked up noticeably across single stock options.
Intervention in HKD continues to ramp steadily higher with HKD bumping along top of the range. 


Hong Kong Single Stock Options Weekly (June 30 – July 04): Narrowing Breadth and Rising Put Activity

Hang Seng Index

Hong Kong Single Stock Options Weekly (June 30 – July 04): Narrowing Breadth and Rising Put Activity