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

Macro Monthly (March): Kospi Dislocation, Nifty’s Seasonal Edge

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 fell sharply early in the week before stabilizing, leaving the index near the lower end of its multi-month trading range as sentiment remains fragile.</li>
<li>Single stock option activity increased meaningfully from both the prior week and prior month as investors became more active in the derivatives market.</li>
<li>Options activity in CNOOC stood out with outsized activity in Call options.</li>
</ul>


Hong Kong equities fell sharply early in the week before stabilizing, leaving the index near the lower end of its multi-month trading range as sentiment remains fragile.
Single stock option activity increased meaningfully from both the prior week and prior month as investors became more active in the derivatives market.
Options activity in CNOOC stood out with outsized activity in Call options.


Hong Kong Single Stock Options Weekly (Mar 02–06): HSI Slides, Option Volume Jumps, CNOOC Stands Out

Hang Seng Index

Hong Kong Single Stock Options Weekly (Mar 02–06): HSI Slides, Option Volume Jumps, CNOOC Stands Out