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Option Trader Jobs (NOW HIRING)

Provide consistent liquidity in assigned options products while supporting efficient, orderly markets. * Execute floor-based, voice-assisted, or hybrid options trades with precision and strong ...

New

Systematic Options Trader

Chicago, IL · On-site

$150K - $200K/yr

Systematic Options Trader Department: Trading Employment Type: Full Time Location: Chicago, IL Description Wolverine has an opportunity for an experienced quantitative trader/researcher to join a ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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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 3, 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.
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:
Infographic showing various Option Trader job openings in the United States as of June 2026, with employment types broken down into 50% As Needed, and 50% Full Time. Highlights an 86% Physical, 5% Hybrid, and 9% Remote job distribution, with an average salary of $96,774 per year, or $46.5 per hour.
Floor Trader - MIAX

Floor Trader - MIAX

Belvedere Trading

Miami, FL

Full-time

Posted yesterday


Job description

Belvedere Trading is a leading proprietary trading firm. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age, but also the future landscape of the trading industry. 
Our traders provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. Traders partner with our technologists to continually engineer and optimize our trading systems to stay on top of the industry. 

Join the pulse of the trading floor at Belvedere Trading, where tradition and innovation converge in the dynamic environment of the MIAX Sapphire trading floor. As a Floor Trader, you’ll play a critical role in providing liquidity and driving performance in the open outcry marketplace. 

At Belvedere, we’ve built our success on a foundation of intellectual curiosity and continuous improvement. From developing proprietary technology to refining our trading strategies, we are committed to staying at the forefront of the industry. Our traders work seamlessly with our technology teams to optimize models and enhance performance, ensuring we remain agile in an ever-evolving market landscape. 

We are seeking a seasoned professional with expertise in single stock equity volatility and a background in open outcry or voice/chat market making. This role offers the opportunity to apply your market insights and decision-making skills in a fast-paced environment where every trade makes an impact. Experience on the MIAX Sapphire floor or a comparable options trading floor is strongly preferred, particularly in environments that support large, complex orders and combine proprietary technology with open outcry price discovery. 

What you'll do:
  • Provide consistent liquidity in assigned options products while supporting efficient, orderly markets.
  • Execute floor-based, voice-assisted, or hybrid options trades with precision and strong commercial judgment.
  • Apply proprietary pricing models, volatility analysis, and risk frameworks to manage positions and improve trade selection
  • Monitor market activity, order flow, and quote quality in real time to identify opportunities and respond quickly to changing conditions
  • Partner with technologists and quantitative teams to enhance trading tools, optimize workflows, and improve execution performance
  • Contribute market insight, trade feedback, and post-trade analysis to help refine strategy and portfolio management
  • Communicate clearly with brokers, counterparties, and internal stakeholders to support effective coordination on the trading floor
  • Operate with strong accountability, risk discipline, and a continuous-improvement mindset aligned with firm performance goals 
What you'll need:
  • 2+ years of experience in options market-making at a proprietary trading firm or comparable trading environment
  • Prior floor trading experience on MIAX or comparable physical exchange
  • Strong understanding of options pricing, volatility, market microstructure, and liquidity provision
  • An ability to apply quantitative skills and logical reasoning to solve complex problems
  • Demonstrated ability to make high-quality decisions under pressure and manage risk in fast-moving markets. 
Additionally, certain positions at Belvedere Trading are eligible for discretionary bonuses. Our employees have access to a variety of benefits, which can be found on our website here.
How We Operate - Core Values 

Team Belvedere: Work seamlessly with others to achieve shared goals. Foster a positive and supportive environment that brings out the best in your teammates.  
Me in Team: Focus on competing and succeeding at the highest level, constantly striving for excellence. 
Own It: Actively address challenges and make decisions that drive positive results, taking ownership of both successes and failures. 
Build Rockets: Bring forward bold, creative ideas and solutions. Be open to experimentation and willing to take calculated risks. 
Passionate Discourse: Encourage and bring innovative, out-of-the-box ideas to discussions, actively contributing to team growth and progress. 
 
Women and underrepresented groups frequently apply for jobs only if they meet 100% of the qualifications. 
We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer. We welcome your application. 
 
Our Stance

Belvedere is an Equal Opportunity Employer and is committed to providing a non-discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.
 
Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.
 
Work Schedule: Regular and reliable attendance during business hours with the ability to be on-site prior to the start of business on occasion 
Physical: Ability to remain at a desk and concentrate for long periods of time
Amount of Travel Required: None 

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.