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

HSCEI Index Options Weekly (March 03-07): Strong Gains as Skew Signals Tail Demand

Hong Kong Single Stock Options Weekly (March 03 – 07): From Caution to Euphoria as Sentiment Flips

HSI Outpaces SPX — Structural Break or Head Fake? Strategies for Hedging

Clifton Derivatives

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

Equity Derivatives

<ul>
<li>Positive sentiment helps push HSI to new highs aided by rally in Alibaba.</li>
<li>Implied vol at high levels but so far supported by historic vols that are above implieds.</li>
<li>We highlight a large trade in out-of-the-money Calls for May expiry.</li>
</ul>


Positive sentiment helps push HSI to new highs aided by rally in Alibaba.
Implied vol at high levels but so far supported by historic vols that are above implieds.
We highlight a large trade in out-of-the-money Calls for May expiry.


HSI Index Options Weekly (March 03-07): Alibaba’s Breakout and Policy Support Boost HSI

Hang Seng Index

HSI Index Options Weekly (March 03-07): Alibaba’s Breakout and Policy Support Boost HSI