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 (June 30 – July 04): Narrowing Breadth and Rising Put Activity

Curator's Cut: Japan Insurers Vs Banks, the State of the Chinese EV Sector & Asian Ports in Focus

US Banks - Another Week of >4% YoY Loan Growth, Credit Metrics Look Good: Meager LLR Growth

Hong Kong Single Stock Options Weekly (June 23 – 27): Breadth Snaps Back and Option Volumes Surge

Xiaomi (1810 HK) - Launch Event Takeaways: YU7, AI Glasses, MIX Flip 2

Clifton Derivatives

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

Equity Derivatives

<ul>
<li>Xiaomi surged to new all-time highs following its ecosystem launch and strong YU7 pre-order momentum.</li>
<li>We examine option market activity to assess what’s being priced and whether sentiment is getting ahead of itself.</li>
<li>Two option trade structures are outlined to reflect our findings.</li>
</ul>


Xiaomi surged to new all-time highs following its ecosystem launch and strong YU7 pre-order momentum.
We examine option market activity to assess what’s being priced and whether sentiment is getting ahead of itself.
Two option trade structures are outlined to reflect our findings.


小米：センチメント急上昇、オプション市場は行き過ぎを示唆