1

Option Trader Jobs (NOW HIRING)

Experienced Options Trader - SOFR

Chicago, IL · On-site

$145K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

What you'll do as a SOFR Options Trader at Akuna: We are seeking an experienced electronic options trader to join our SOFR desk. This is a mid-to-senior level role with a clear path to full desk ...

Equity Options Trader

Fort Mill, SC · On-site +1

$29.71 - $49.52/hr

  • Medical

  • Retirement

  • PTO

Our trading team's main priority is to create a reliable support system for our clients so they can ... Knowledge of equity and option markets * Thoroughknowledge of market place rules and regulations

Equity Options Trader

Tempe, AZ · On-site

$29.71 - $49.52/hr

  • Medical

  • Retirement

  • PTO

Knowledge of equity and option markets * Thorough knowledge of market place rules and regulations ... trading desk experience preferred * Series 4 license preferred * Bachelor's degree preferred Pay ...

US Equity Index Options Trader

Chicago, IL · On-site

$250 - $300/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Actively trade US index and equity options, managing positions and risk. * Analyze market flows, volatility, and microstructure to identify and capture trading opportunities * Refine pricing ...

New

Trader

Dallas, TX · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

May provide trading service to registered representatives or for internal company purposes ... Health Savings and Flexible Spending Account options to help you save money on healthcare, daycare ...

Permanent Our client is a proprietary trading firm specializing in electronic options market making. They take a technology-driven approach, designing and operating automated, scalable systems to ...

Trader

Saint Cloud, MN

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

May provide trading service to registered representatives or for internal company purposes ... Health Savings and Flexible Spending Account options to help you save money on healthcare, daycare ...

Trader

Dallas, TX · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

May provide trading service to registered representatives or for internal company purposes ... Health Savings and Flexible Spending Account options to help you save money on healthcare, daycare ...

Trader

Saint Cloud, MN · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

May provide trading service to registered representatives or for internal company purposes ... Health Savings and Flexible Spending Account options to help you save money on healthcare, daycare ...

Power Congestion Trader

Houston, TX · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

SUMMARY: The Power Congestion Trader is responsible for managing the trading of electricity ... Prolonged periods of sitting (with standing option) and may need to routinely move around to ...

Evening Trader (5 pm - 12 am)

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

About us Edgehog Trading is a proprietary trading firm specializing in electronic options market making. We take a technology-driven approach, designing and operating automated, scalable systems to ...

Showing results 41-60

Option Trader information

See salary details

$39.5K

$96.8K

$269.5K

How much do option trader jobs pay per year?

As of Aug 13, 2026, the average yearly pay for option trader in the United States is $96,774.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,500.00 and $105,500.00 per year, depending on experience, location, and employer.

What does an option trader do?

An option trader is a financial professional who buys and sells options contracts on various assets, such as stocks, commodities, or currencies, in order to profit from price movements. They analyze market trends, assess risk, and use different trading strategies to maximize returns while managing potential losses. Option traders can work independently, for investment firms, or as part of a larger trading desk, and their job often involves quick decision-making and a strong understanding of financial markets.

What are the key skills and qualifications needed to thrive as an option trader?

To thrive as an Option Trader, you need strong quantitative analysis skills, a solid understanding of financial markets, and typically a degree in finance, mathematics, or a related field. Proficiency with trading platforms like Bloomberg Terminal, risk management software, and certifications such as FINRA Series 7 or CFA are often required. Exceptional decision-making, stress management, and clear communication skills set top performers apart in this role. These skills are crucial to making informed, timely trades and managing risk effectively in a highly dynamic and competitive environment.

What are some common challenges option traders face when managing their risk exposure?

Option Traders often encounter challenges in accurately assessing and managing risk due to the complex and dynamic nature of options markets. Market volatility, sudden economic events, and liquidity constraints can quickly impact the value of positions. Successful traders use a combination of quantitative models, hedging strategies, and real-time market analysis to mitigate these risks while maintaining profitability. Collaboration with other traders and risk managers is crucial to ensure a well-balanced portfolio and minimize unexpected losses.

How do you become an options trader?

To become an options trader, you typically need to gain knowledge of options markets through education, obtain relevant licenses such as the Series 7 and Series 63 exams, and develop trading skills using trading platforms and analysis tools. Many traders start with a strong understanding of financial markets and risk management before actively trading options.

Is option trading a good career?

Option trading as a career involves analyzing financial markets, managing risk, and making quick decisions, often requiring strong analytical skills and knowledge of trading platforms. It can be profitable but also carries significant risk, and success depends on experience, discipline, and market conditions. Many traders pursue certifications like the Series 7 or Series 63 to enhance credibility and understanding.
More about Option Trader jobs
What cities are hiring for Option Trader jobs? Cities with the most Option Trader job openings:
What states have the most Option Trader jobs? States with the most job openings for Option Trader jobs include:
What job categories do people searching Option Trader jobs look for? The top searched job categories for Option Trader jobs are:
Infographic showing various Option Trader job openings in the United States as of August 2026, with employment types broken down into 2% As Needed, 76% Full Time, 18% Part Time, and 4% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $96,774 per year, or $46.5 per hour.

Experienced Options Trader - SOFR

Akuna Capital

Chicago, IL • On-site

$145K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 5 days ago


Job description

About Akuna:
Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data driven solutions, and automation. We specialize in providing liquidity as an options market maker - meaning we are committed to providing competitive quotes that we are willing to both buy and sell. To do this successfully, we design and implement our own low latency technologies, trading strategies, and mathematical models.
Our Founding Partners first conceptualized Akuna in their hometown of Sydney. They opened the firm's first office in 2011 in the heart of the derivatives industry and the options capital of the world - Chicago. Today, Akuna is proud to operate from additional offices in Sydney, Shanghai, London and Singapore.
What you'll do as a SOFR Options Trader at Akuna:
We are seeking an experienced electronic options trader to join our SOFR desk. This is a mid-to-senior level role with a clear path to full desk ownership for the right candidate. You will be responsible for making markets and managing risk across CME SOFR options while collaborating with our floor team to maximize profitability.
You will work at the intersection of trading, technology, and quantitative research. Akuna's SOFR desk combines systematic pricing infrastructure with trader judgment - you'll be expected to manage your positions decisively while actively contributing to the automation and tooling that drives the desk's edge forward. This is a role for someone who takes genuine ownership, brings intellectual curiosity to every aspect of the business, and thrives in a high-performance, collaborative environment. In this role, you will:
  • Profitably manage a SOFR options portfolio with full responsibility for P&L and dynamic risk management within prescribed limits
  • Make two-sided markets across the SOFR options complex (SR3, S0, S2), maintaining disciplined risk across the curve
  • Develop and refine volatility surface models, term structure analysis, and hedging strategies in close collaboration with our quant and technology teams
  • Identify structural opportunities and flow-driven inefficiencies in the short-end rates market and act on them decisively
  • Partner with our technology team to evaluate, improve, and expand the automated trading infrastructure underpinning the desk - including contributing directly to strategy logic, parameter optimization, and signal development
  • Analyze desk data and market microstructure to continuously improve pricing, execution quality, and risk-adjusted returns
  • Contribute to the broader Akuna trading community through cross-desk collaboration, knowledge sharing, and mentorship of junior traders

Qualities That Make Great Candidates:
  • 2+ years of experience trading SOFR, Eurodollar, or short-term interest rate options in an electronic market making environment, with clear P&L accountability
  • Deep understanding of options theory - Greeks, vol surface construction, term structure dynamics, and interest rate curve relationships
  • Proven risk management discipline: comfortable managing positions under pressure and across varied market regimes
  • Entrepreneurial self-starter who takes initiative and acts decisively, with a strong sense of ownership over their book and their desk's performance
  • Technically engaged: able to analyze data, optimize parameters, and work hands-on with trading systems.
  • Bachelor's degree in Engineering, Economics, Statistics, Mathematics, Computer Science, Actuarial Science, or a related quantitative field
  • Strong quantitative and analytical instincts, with the ability to react quickly and accurately to rapidly changing market conditions
  • Collaborative mindset: able to communicate clearly and efficiently with quant researchers, technologists, and risk managers while fostering productive relationships across the firm
  • Detail-oriented and rigorous in approach, with a drive to continuously learn and improve
  • The ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve math and coding problems are essential functions of the role

Additional Experience We Value:
  • Specific experience with CME SR3 market microstructure and electronic liquidity provision
  • Familiarity with swap curve dynamics, OIS, Fed Funds, or broader fixed income context
  • Experience building or improving trading tools, pricing models, or automation in Python, C++, or similar
  • Track record of mentorship

In addition to technical skillsets, Akuna values the unique perspectives people can bring to the table to collaboratively solve complex problems and drive Akuna forward. We want everyone to feel empowered to apply. We welcome your application and encourage you to take the first steps toward your future with us!
In accordance with Illinois Equal Pay Act, the minimum base salary starts at $145,000. Exact compensation offered may vary based on many factors including, but not limited to, the candidate's experience, qualifications, and skill set. This role is also eligible for a discretionary performance bonus as part of the total compensation package and includes a comprehensive benefits package that may encompass employer-paid medical, dental, vision, retirement contributions, paid time off, and other benefits. The minimum base salary herein was determined in good faith by Akuna Capital LLC.