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

Kospi200: Changing Volatility Regime and Practical Hedging Approaches

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

Korea Stock Exchange KOSPI 200 / Equity Derivatives

Korea Stock Exchange KOSPI 200 (KOSPI2 INDEX EQUITY)

<ul>
<li>The speed and magnitude of Kospi’s advance stand out versus all prior bull markets since 1996 with recent monthly gains ranking near the strongest ever.</li>
<li>Kospi price action is also extreme when looked at against other global markets.</li>
<li>Prior comparable extremes were followed by weaker performance in the subsequent months.</li>
</ul>


The speed and magnitude of Kospi’s advance stand out versus all prior bull markets since 1996 with recent monthly gains ranking near the strongest ever.
Kospi price action is also extreme when looked at against other global markets.
Prior comparable extremes were followed by weaker performance in the subsequent months.


Kospi200: Rally Enters Rare Territory With History Urging Caution