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 (Oct 27 – 31): Market Cools After Busy News Week

Pop Mart International: Increasing Concerns About Resale Price Declines

Pop Mart (9992 HK): 3Q25, Revenue Up by 245% - 80% Upside

Pop Mart International - Valuation Using Peter Lynch's PEGY Ratio

Clifton Derivatives

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

Equity Derivatives

<ul>
<li>Pop Mart options recently began trading on HKEX and have gained considerable traction, ranking in the top 10 of volume traded.</li>
<li>Pop Mart has had a tremendous rally but is in the midst of a double-digit slump.</li>
<li>Option volumes have been skewed, and we outline how best to approach hedging in this environment.</li>
</ul>


Pop Mart options recently began trading on HKEX and have gained considerable traction, ranking in the top 10 of volume traded.
Pop Mart has had a tremendous rally but is in the midst of a double-digit slump.
Option volumes have been skewed, and we outline how best to approach hedging in this environment.


Pop Mart (9992.HK): Options Activity Builds as the Rally Cools