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

Global Macro Outlook (June): From Rally to Reversal? Macro Trends Shift as June Unfolds

Global Markets: Why This Sell-Off Is Different. UPDATE

Global Markets: Why This Sell-Off Is Different and What It Signals

Clifton Derivatives

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

Equity Derivatives

<ul>
<li>S&amp;P/ASX 200 posts a rare rally, joining an elite list of historical moves.</li>
<li>Implied volatility has collapsed to multi-year lows despite the surge in price.</li>
<li>We discuss a defined, cost-efficient structure that allows positioning with asymmetry and edge.</li>
</ul>


S&amp;P/ASX 200 posts a rare rally, joining an elite list of historical moves.
Implied volatility has collapsed to multi-year lows despite the surge in price.
We discuss a defined, cost-efficient structure that allows positioning with asymmetry and edge.


S&P/ASX 200:  All-Time Highs, Complacent Vols and a Tactical Hedge with a Relative Value Edge