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Option Trader Jobs (NOW HIRING)

Edgehog Trading

Quantitative Options Trader

Chicago, IL · On-site

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 ...

DV Trading

Junior Trader - Fixed Income

Chicago, IL · On-site

$80K - $120K/yr

Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an ... HSA, FSA, and Dependent Care Options * Employer Paid Group Term Life and AD&D insurance * Voluntary ...

Anson McCade

Index Trader

Chicago, IL · On-site

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 ...

Cetera

Trader

Saint Cloud, MN · On-site

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 ...

DV Trading

Junior Trader - Fixed Income

Northfield, IL · On-site

$80K - $120K/yr

Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an ... HSA, FSA, and Dependent Care Options * Employer Paid Group Term Life and AD&D insurance * Voluntary ...

Cetera

Trader

Dallas, TX · On-site

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 ...

Edgehog Trading

Senior Index Options Trader

Chicago, IL · On-site

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 ...

PEAK6 Capital Management

Trader

Chicago, IL · Hybrid

$55K - $100K/yr

Apply options theory to trading in the financial markets while mastering PEAK6's proprietary tools and technology. Manage a portfolio, make strategic trading decisions, and assume full responsibility ...

Maven

Junior Floor Trader

Chicago, IL · On-site

We are seeking a junior trader to join our Options Market Making trading team in Chicago in September 2026. The role's primary function will be to provide liquidity and execute trades on behalf of ...

Maven

Junior Floor Trader

Chicago, IL · On-site

We are seeking a junior trader to join our Options Market Making trading team in Chicago in September 2026. The role's primary function will be to provide liquidity and execute trades on behalf of ...

Cetera

Trader

Dallas, TX · On-site

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 ...

Cetera

Trader

Saint Cloud, MN · On-site

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 ...

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Option Trader information

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$39.5K

$96.8K

$269.5K

How much do option trader jobs pay per year?

As of Jul 23, 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, and why are they important?

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.
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Option Trader jobs near you
Infographic showing various Option Trader job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 79% Full Time, 16% Part Time, and 4% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $96,774 per year, or $46.5 per hour.

Quantitative Options Trader

Edgehog Trading

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 20 days ago

Job description

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 provide liquidity across markets.
Our team spans trading, engineering, and business operations, working together to build and support the systems that power the firm. We emphasize data-driven decision making, rigorous problem solving, and continuous improvement to navigate complex and evolving markets.
We operate in a highly collaborative environment where ideas can move quickly from concept to implementation, and where individuals are empowered to take ownership and contribute directly to the firm's growth.
What you'll do:
  • Design and optimize systematic options trading strategies using quantitative research and machine learning techniques
  • Build and refine algorithmic options trading models from ideation through production deployment
  • Analyze market microstructure and execution quality to generate alpha signals and improve strategy performance
  • Collaborate with quant researchers and engineers to develop new models using our proprietary datasets
  • Manage real-time risk across a diversified portfolio of options positions

Qualifications and skills:
  • Previous experience trading (1-4 years) with a proven track record of success managing an options market making book and maintaining/improving automated trading systems
  • BA/BS/MS/PhD degree in Computer Science, Data Science, Engineering, Math, Economics, Finance, Physics, or related field
  • Exceptional attention to detail
  • Excellent quantitative and analytical skills
  • Ability to take on many responsibilities quickly with a high degree of operational excellence
  • Strong python programming skills

Why Edgehog:
  • Small team advantage: Direct access to founders and senior team members from day one
  • Ownership early: Manage real P&L and make meaningful impact within your first year
  • Cutting-edge tech: Work with our proprietary models and low-latency trading systems built in-house
  • Tight feedback loops: Monthly 1-on-1s with your mentor, quarterly reviews with leadership
  • Chicago-based: Affordable cost of living, vibrant trading community

Benefits:
  • Comprehensive health, dental, and vision insurance with premiums 100% covered by the firm
  • 401(k) with a 4% company match
  • Unlimited paid time off and sick leave
  • Free lunch, coffee, drinks, and snacks
  • Commuter benefits
  • Monthly happy hours and annual team events

The base salary range for this position is listed below. Base salary represents just one part of overall compensation; all full-time, permanent roles are eligible for a discretionary bonus and benefits, including items in the above list.
The base salary for this role is 150,000 USD per year

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