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

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

President Trump's 48-Hour Ultimatum Risks a Further Major Escalation in the War

Macro Monthly (April): Elevated Implied Volatility Set Against a Traditionally Supportive Backdrop

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 sharp volatility surge in Oil creates a compelling backdrop for evaluating risk management and trading opportunities across energy and broader equity markets.</li>
<li>If prior ranges reflected normal conditions, the current environment may justify a reassessment of what constitutes fair value for Oil going forward.</li>
<li>We outline how prices may evolve from here and build trade structures aligned with those expectations.</li>
</ul>


A sharp volatility surge in Oil creates a compelling backdrop for evaluating risk management and trading opportunities across energy and broader equity markets.
If prior ranges reflected normal conditions, the current environment may justify a reassessment of what constitutes fair value for Oil going forward.
We outline how prices may evolve from here and build trade structures aligned with those expectations.


Oil: Price and Volatility Shock Create High Probability Setups

Crude Oil

Oil: Price and Volatility Shock Create High Probability Setups