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

Tencent (700.HK) Earnings Preview: Volatility Backdrop, Implied Jump and Post-Release Price Behavior

Alibaba (9988.HK) Earnings Preview: Historical Reactions Suggest Upside to Implied Move

Oil: Price and Volatility Shock Create High Probability Setups

Clifton Derivatives

Independent derivative and volatility research firm focusing on events/catalysts, earnings, relative value and cross asset volatility strategies.

Equity Derivatives

<ul>
<li>A mixed week for HSI saw early strength fade following weak earnings reactions and broader market weakness.</li>
<li>Single stock option activity picked up, with a notable shift toward Calls suggesting changing positioning into upcoming catalysts.</li>
<li>Sector-Level activity showed concentration in Technology and Materials, driven by names approaching key earnings releases.</li>
</ul>


A mixed week for HSI saw early strength fade following weak earnings reactions and broader market weakness.
Single stock option activity picked up, with a notable shift toward Calls suggesting changing positioning into upcoming catalysts.
Sector-Level activity showed concentration in Technology and Materials, driven by names approaching key earnings releases.


Hong Kong Single Stock Options Weekly (Mar 16–20): Call Volumes Elevated Ahead Of Busy Earnings Week

Hang Seng Index

Hong Kong Single Stock Options Weekly (Mar 16–20): Call Volumes Elevated Ahead Of Busy Earnings Week