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.

Equity Derivatives

<ul>
<li>A detailed analysis of price patterns, implied vol and the earnings implied jump in TSLA options compared to historical outcomes. </li>
<li>Pre- and post-earnings price movements are examined to assess directional tendencies, patterns and magnitude.</li>
<li>Price returns in the 1-month following earnings show a distinctly different pattern between beats and misses. </li>
</ul>


A detailed analysis of price patterns, implied vol and the earnings implied jump in TSLA options compared to historical outcomes. 
Pre- and post-earnings price movements are examined to assess directional tendencies, patterns and magnitude.
Price returns in the 1-month following earnings show a distinctly different pattern between beats and misses. 


TSLA Earnings: Volatility Setup and Post-Release Price Behavior

Tesla

TSLA Earnings: Volatility Setup and Post-Release Price Behavior