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

EQD | Hang Seng (HSI) – Analysis of Option Strategies Recently Traded on HKEX

EQD | Hang Seng (HSI Index) - Most Popular Option Strategies, Long Vola with Bearish Bias

Clifton Derivatives

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

Event-Driven

<ul>
<li>Vols have stabilized as market has moved away from peak short gamma levels just above the recent market highs.</li>
<li>HSI Put positions appear to have been rolled down to the 19,000 strike.</li>
<li>HSCEI saw significant put volume at the 6300 strike with ~15,000 contracts per day trading at that level.</li>
</ul>


Vols have stabilized as market has moved away from peak short gamma levels just above the recent market highs.
HSI Put positions appear to have been rolled down to the 19,000 strike.
HSCEI saw significant put volume at the 6300 strike with ~15,000 contracts per day trading at that level.


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