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

Clifton Derivatives

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

Event-Driven

<ul>
<li>Move away from short gamma levels and position covering help push HSI implied vols lower on the week. </li>
<li>Short dated Puts are still very active in HSCEI at the 6300 and 6800 strikes. </li>
<li>Both HSI and HSCEI implied vols are trading about 2 points above their pre-stimulus levels. </li>
</ul>


Move away from short gamma levels and position covering help push HSI implied vols lower on the week. 
Short dated Puts are still very active in HSCEI at the 6300 and 6800 strikes. 
Both HSI and HSCEI implied vols are trading about 2 points above their pre-stimulus levels. 


Hang Seng China Enterprises Index (HSCEI INDEX)

EQD | Hong Kong Index Options Weekly - HSI and HSCEI

Hang Seng Index

EQD | Hong Kong Index Options Weekly - HSI and HSCEI