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>HSI traded sideways for a third straight week as macro headlines swirled and tariffs turned internally litigious.</li>
<li>Volatility drifted lower, with 1M implied vol dropping below its 1-year median for the first time in months.</li>
<li>Call volumes were significantly higher led by one strike in particular.</li>
</ul>


HSI traded sideways for a third straight week as macro headlines swirled and tariffs turned internally litigious.
Volatility drifted lower, with 1M implied vol dropping below its 1-year median for the first time in months.
Call volumes were significantly higher led by one strike in particular.


HSI Index Options Weekly (May 26-30): Choppy Tape, One Strike Rules Them All

Hang Seng Index

HSI Index Options Weekly (May 26-30): Choppy Tape, One Strike Rules Them All