Derivatives and Quantitative Strategist

Gaudenz Schneider

Financial Economist with over 20 years of investment experience across all asset classes. He has worked as a sell-side derivatives researcher and trader on one of London’s largest trading floors, and as a structurer and portfolio manager for the buy-side in Switzerland. As head of Quantitative Strategy at an Asian WealthTech company, Gaudi and his team designed over 50 distinct investment strategies for institutional clients in Australasia.

Gaudi’s analysis follows a scientific approach based on empirical research and quantitative evidence.

Xiaomi (1810 HK): Calendar Spreads and Other Top Trades Ahead of Earnings

Tencent (700 HK) Top Trades: How Traders Use Diagonal Spreads Ahead of Earnings

HK Vola Cones: Calm HSI, HSBC (5 HK) Historically Rich

Tariff Shock Sends HK Volatility Higher: Meituan (3690 HK) Looks Cheap, Alibaba (9988 HK) Stays Rich

Selective Volatility Picks Emerge Across HSI Stocks

Cheap Vs. Rich Volatility: Diverging Signals Across Alibaba (9988 HK), Tencent (700 HK) & The HSI

BYD (1211 HK) And JD.com (9618 HK) Lead Expected Swings as 27% of HSI Reports Before Month-End

BYD (1211 HK) Earnings on 30 Oct: Options Price in Larger-Than-Usual Move

Equity Derivatives

<ul>
<li>
Context: This Insight provides volatility analysis for the Hang Seng and eight prominent Hong Kong stocks. Volatility cones provide the framework to evaluate whether options are trading cheap or rich.</li>
<li>
Highlights: Historically low implied volatility in <a href="https://www.smartkarma.com/entities/meituan" target="_blank" data-smartkarma-citation="entities:26970:1" rel="noopener">Meituan (3690 HK)</a>, <a href="https://www.smartkarma.com/entities/jd-com-inc" target="_blank" data-smartkarma-citation="entities:29043:1" rel="noopener">JD.com (9618 HK)</a>, <a href="https://www.smartkarma.com/entities/xiaomi-corp" target="_blank" data-smartkarma-citation="entities:24409:1" rel="noopener">Xiaomi (1810 HK)</a> and <a href="https://www.smartkarma.com/entities/tencent-holdings-ltd" target="_blank" data-smartkarma-citation="entities:26:1" rel="noopener">Tencent (700 HK)</a> offers attractive pre-earnings hedging opportunities.</li>
<li>
Why Read: Spot opportunities, assess regime shifts, and manage risk effectively — volatility cones turn complex data into actionable insights for traders and investors.</li>
</ul>



Context: This Insight provides volatility analysis for the Hang Seng and eight prominent Hong Kong stocks. Volatility cones provide the framework to evaluate whether options are trading cheap or rich.

Highlights: Historically low implied volatility in Meituan (3690 HK), JD.com (9618 HK), Xiaomi (1810 HK) and Tencent (700 HK) offers attractive pre-earnings hedging opportunities.

Why Read: Spot opportunities, assess regime shifts, and manage risk effectively — volatility cones turn complex data into actionable insights for traders and investors.


Tencent (700), Xiaomi (1810), Meituan (3690), and JD.com (9618): Cheap Vol Into Earnings