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

HSCEI Index Options Weekly (Feb 17-21): Implied Vol Weak Despite Rally

HSI Index Options Weekly (Feb 17-21): Alibaba Reignites Momentum

Alibaba – How to Position Post Earnings Amid Sticky Volatility

Clifton Derivatives

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

Equity Derivatives

<ul>
<li>Mixed bag with narrowing participation, widening distribution of returns but with the highest total option volume since November.</li>
<li>Option volumes over the past 2 weeks are 80% higher than the prior 3-month average.</li>
<li>Implied vols weaker across the board with 9 of 11 sectors seeing softer implieds.</li>
</ul>


Mixed bag with narrowing participation, widening distribution of returns but with the highest total option volume since November.
Option volumes over the past 2 weeks are 80% higher than the prior 3-month average.
Implied vols weaker across the board with 9 of 11 sectors seeing softer implieds.


Semiconductor Manufacturing International Corp (SMIC) (981 HK)

Semiconductor Manufacturing International Corp (SMIC)

Ping An Healthcare and Technology (1833 HK)

Hong Kong Single Stock Options Weekly (February 17 – 21): Option Volumes Surge as Rally Narrows

Hang Seng Index

Hong Kong Single Stock Options Weekly (February 17 – 21): Option Volumes Surge as Rally Narrows