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 (March 10 – 14): Sentiment Shifts, Option Volumes Cool

Tencent Earnings: Implied Vs Realized Price Changes and a Post Earnings Pattern

HSI Index Options Weekly (March 17-21): A Divergence in Volatility

Xiaomi: 3 Option Hedges for Extreme Price & Volatility Environment

Xiaomi (1810 HK): 4Q24 Preview, All Businesses Healthy, But Vehicle Overvalued

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>Xiaomi earnings are upcoming. We analyze what the options market is pricing and examine historical trends and tendencies.</li>
<li>Historical earnings reactions show notable differences across quarters, with Q4 standing out for its downside risk.</li>
<li>We outline a tactical hedge that minimizes jump risk while taking advantage of extended implied volatility.</li>
</ul>


Xiaomi earnings are upcoming. We analyze what the options market is pricing and examine historical trends and tendencies.
Historical earnings reactions show notable differences across quarters, with Q4 standing out for its downside risk.
We outline a tactical hedge that minimizes jump risk while taking advantage of extended implied volatility.


Xiaomi Earnings: Option Market Expectations, Past Performance and Hedge Opportunities

Xiaomi Corp

Xiaomi Earnings: Option Market Expectations, Past Performance and Hedge Opportunities