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Options Manager Jobs in Chicago, IL (NOW HIRING)

Options Trader

Chicago, IL ยท On-site +1

You will play a key role in managing and improving our US systematic and positional options trading strategies. You will also collaborate extensively with our quantitative researchers and ...

You will play a key role in managing and improving our US systematic and positional options trading strategies. You will also collaborate extensively with our quantitative researchers and ...

Options Trader

Chicago, IL ยท On-site +1

You will play a key role in managing and improving our US systematic and positional options trading strategies. You will also collaborate extensively with our quantitative researchers and ...

US Equity Index Options Trader

Chicago, IL ยท On-site

$250K - $300K/yr

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 ...

US Equity Index Options Trader

Chicago, IL ยท On-site

$250K - $300K/yr

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 ...

Electronic Options Trader

Chicago, IL ยท On-site

$100K - $150K/yr

Manage risk and execution across multiple products. * Manage parameters that affect option pricing. * Conduct product-specific research in order to identify idiosyncratic risks. * Identify macro ...

Electronic Options Trader

Chicago, IL ยท Hybrid

$100K - $150K/yr

Manage risk and execution across multiple products. * Manage parameters that affect option pricing. * Conduct product-specific research in order to identify idiosyncratic risks. * Identify macro ...

Options Market Maker

Chicago, IL ยท On-site

$150K - $200K/yr

Rigorous risk management and perfect compliance with regulatory rules * Improving strategies ... Prior options trading experience * Successful track record of proven P&L and market share * Good ...

Rigorous risk management and perfect compliance with regulatory rules * Improving strategies ... Prior options trading experience * Successful track record of proven P&L and market share * Good ...

Options Market Maker

Chicago, IL ยท On-site

$150K - $200K/yr

Rigorous risk management and perfect compliance with regulatory rules * Improving strategies ... Prior options trading experience * Successful track record of proven P&L and market share * Good ...

Options Market Maker

Chicago, IL ยท On-site

$150K - $200K/yr

Rigorous risk management and perfect compliance with regulatory rules * Improving strategies ... Prior options trading experience * Successful track record of proven P&L and market share * Good ...

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Options Manager information

See Chicago, IL salary details

$25.2K

$61.3K

$119.5K

How much do options manager jobs pay per year?

As of Sep 13, 2026, the average yearly pay for options manager in Chicago, IL is $61,319.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,300.00 and $70,600.00 per year, depending on experience, location, and employer.

What is the difference between Options Manager vs Options Analyst?

AspectOptions ManagerOptions Analyst
CredentialsTypically requires a bachelor's degree in finance, economics, or related field; certifications like CFA are commonUsually holds a bachelor's degree in finance, economics, or mathematics; CFA or options trading certifications are advantageous
Work EnvironmentWorks in financial firms, trading floors, or investment banks, managing options portfolios and strategiesWorks in similar environments, analyzing options data, pricing models, and market trends
Job FocusOversees options trading strategies, risk management, and portfolio performanceFocuses on analyzing options data, pricing, and providing insights for trading decisions

Options Managers and Options Analysts both operate within the options trading sector, often in the same industry environments. While Options Managers oversee trading strategies and risk management, Options Analysts focus on data analysis and market research. Both roles require strong financial knowledge and relevant certifications, but their responsibilities differ in scope and focus.

What are popular job titles related to Options Manager jobs in Chicago, IL?

For Options Manager jobs in Chicago, IL, the most frequently searched job titles are:

What cities near Chicago, IL are hiring for Options Manager jobs?

Cities near Chicago, IL with the most Options Manager job openings:

Options Trader

Chicago, IL โ€ข On-site, Remote

Full-time

Re-posted just now


Job description

Options Trader

Eclipse Trading is a leading proprietary trading firm. Founded in 2007, we have over 110 employees across 4 office locations – Hong Kong (our HQ), Sydney, Shanghai and Chicago. Our trading expertise and strategies are deployed across several markets globally, focusing on various products including equity derivatives, delta one, ETFs, commodity derivatives, and cryptocurrency. Technology is inextricably linked to our trading strategies, creating an environment powered by intellectual curiosity, problem solving, and innovation.

We are actively seeking an Options Trader to join our growing US equity volatility trading team in Chicago. You will play a key role in managing and improving our US systematic and positional options trading strategies. You will also collaborate extensively with our quantitative researchers and technologist to drive our trading system forward and unlock trading opportunities.

Responsibilities and Duties

  • Manage and execute multiple options trading strategies, systematic market making and positional strategies
  • Responsible for the risk management of the portfolio
  • Identify trading opportunities and develop trading metrics based on proprietary research and data analysis
  • Collaborate with other traders and quantitative researchers to optimise existing strategies and explore new alphas
  • Work closely with the quants, developers, and support staff to continuously improve our trading infrastructure system

What you offer

  • Bachelor's degree in finance, economics, mathematics, or a related field
  • 2+ years of US index and equity options experience
  • Proven track record of profitability and consistent trading performance
  • Deep understanding of the US equity option markets and the trading opportunities
  • Strong knowledge of options pricing models and volatility analysis
  • Excellent analytical and problem-solving skills, with the ability to make informed trading decisions
  • Ability to thrive and make decisions in a fast-paced trading environment and handle pressure effectively
  • Strong communication and collaboration skills
  • Good command of spoken and written English
  • Strong proficiency in coding with Python

What we offer

  • Dynamic and collaborative work environment
  • Opportunity to contribute directly to the bottom line
  • Mentorship and training opportunities
  • A flat management structure, where everyone's voice is valued
  • Work life balance within a multi-cultural environment
  • Attractive benefits package with discretionary bonus

Eclipse Trading is an equal opportunity employer and we believe that diversity and inclusion are essential pillars of our success as a company. We are dedicated to embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential.

All information provided will be treated in strict confidence and used solely for recruitment purposes.

Due to the high number of responses that we receive, we are only able to respond to successful applicants.