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Options Trader Jobs in Chicago, IL (NOW HIRING)

Options Trader - Work From Home

Chicago, IL · On-site +1

  • Medical

  • Dental

  • Vision

  • Life

Options Trader - Work From Home We are seeking a talented and self-motivated Options Trader to join an options trading team. The ideal Options Trader would have an interest and experience in options ...

Experienced Options Trader

Chicago, IL · On-site

$145K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

What you'll do as an Options Trader at Akuna: We are seeking experienced Options Traders to join our dynamic team at Akuna Capital. The ideal candidate will be a motivated individual with a desire to ...

Experienced Options Trader

Chicago, IL · On-site +1

$145K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

What you'll do as an Options Trader at Akuna: We are seeking experienced Options Traders to join our dynamic team at Akuna Capital. The ideal candidate will be a motivated individual with a desire to ...

Systematic Equity Options Trader

Chicago, IL · On-site +1

$170K - $250K/yr

This Equity Options trader will be responsible for developing, implementing, and managing systematic trading strategies across equity options markets. This Equity Options Trader will work closely ...

This Equity Options trader will be responsible for developing, implementing, and managing systematic trading strategies across equity options markets. This Equity Options Trader will work closely ...

Quantitative Options Trader

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 ...

Systematic Options Trader

Chicago, IL · On-site

$150K - $200K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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 ...

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 ...

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Showing results 1-20

Options Trader information

See Chicago, IL salary details

$11.3K

$115.8K

$201.4K

How much do options trader jobs pay per year?

As of Aug 18, 2026, the average yearly pay for options trader in Chicago, IL is $115,756.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,500.00 and $180,300.00 per year, depending on experience, location, and employer.

What is an options trader?

An Options Trader is a financial professional who buys and sells options contracts on various securities, such as stocks or commodities. They analyze market trends, assess risk, and develop strategies to profit from price movements without owning the underlying asset. Options traders can work for financial institutions, hedge funds, or as independent traders. Their role requires a deep understanding of financial markets, risk management, and the mechanics of options trading.

What is an options trader?

An options trader buys and sells stock options. You typically work for a large investment bank or private hedge fund, managing complex capital investments for clients. Your duties are to create options contracts and develop forecasting models to determine the optimal price to buy an option to maximize profit and minimize risk. You create reports and models that outline financial positions for your clients that will increase value to their portfolio. Many options traders gain job experience working at an investment bank or large commercial bank and possess qualifications like a bachelor’s degree in economics or math.

What are the key skills and qualifications needed to thrive as an options trader, and why are they important?

To thrive as an Options Trader, you need strong analytical skills, mathematical proficiency, a solid understanding of financial markets, and often a degree in finance, economics, or a related field. Familiarity with trading platforms, financial modeling tools, and certifications like the Series 7 or CFA are typically valuable. Exceptional decision-making, stress management, and effective communication help traders excel in high-pressure, fast-moving environments. These skills are crucial for making informed trades, managing risk, and achieving consistent profitability in a competitive market.

What are the main challenges an options trader faces during periods of high market volatility?

As an Options Trader, high market volatility can lead to rapidly changing options prices and increased risk exposure. Navigating these conditions requires quick decision-making, a solid understanding of risk management strategies, and the ability to stay calm under pressure. Traders must constantly monitor their positions, adjust hedges, and communicate effectively with team members, such as risk analysts and portfolio managers, to ensure portfolio stability. Adapting to shifting market conditions and remaining disciplined are key to long-term success in this dynamic environment.

Can options trading be a career?

Options trading can be pursued as a career by individuals such as professional traders, financial analysts, or investment managers who develop expertise in market analysis, risk management, and trading strategies. Success in this field often requires strong analytical skills, knowledge of financial instruments, and access to trading platforms and tools. It is a competitive environment that may involve significant financial risk and the need for relevant certifications or licenses.

How much do options traders make?

Options traders' earnings vary widely based on experience, skill, and trading success. Successful traders can earn from a few thousand dollars annually to six-figure incomes or more, especially if they manage large portfolios or work for firms. Many traders also earn commissions, fees, or bonuses based on performance and trading volume.

What are the most commonly searched types of Options Trader jobs in Chicago, IL?

The most popular types of Options Trader jobs in Chicago, IL are:

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

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

What job categories do people searching Options Trader jobs in Chicago, IL look for?

The top searched job categories for Options Trader jobs in Chicago, IL are:

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

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

Infographic showing various Options Trader job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 71% In-person, and 29% Remote job distribution, with an average salary of $115,756 per year, or $55.7 per hour.

Options Trader - Work From Home

Next Step Systems

Chicago, IL • On-site, Remote

Full-time

Medical, Dental, Vision, Life

Re-posted 8 days ago


Job description

Options Trader - Work From Home
We are seeking a talented and self-motivated Options Trader to join an options trading team. The ideal Options Trader would have an interest and experience in options trading. This Options Trader would work with the existing highly skilled options team and will be charged with helping maintain and extend the firm's options volatility modeling. This position is 100% Remote.
Options Trader Qualifications:
- Bachelor's degree in technical areas such as electrical engineering, computer science, or mathematics.
- 4+ years of working experience in options trading.
- Highly proficient in Python and has solid working knowledge of C++.
- Strong familiarity with options and derivatives.
- Ability to develop options trading strategies.
- A track record of conducting and applying quantitative research to options trading.
- A track record of integrating alpha signal research into options trading systems.
- A track record of taking initiative and owning the outcome of core problems related to a trading system.
- In depth knowledge of market microstructure.
- In depth understanding of volatility dynamics and options volatility modelling.
- Index options market making experience a plus.
- Values teamwork and can think independently.
- Communicate effectively while under pressure.
- Adapt to changing situations with ease.
- Has demonstrated the ability to use sound judgment while trading.
- Proven ability to develop new, profitable trading strategies.
- Experience developing an automated trading platform.
Benefits include medical, dental, vision, health savings account, life insurance policy, short-term/long-term disability insurance, employee assistance program, etc.
Keywords: Chicago IL Jobs, Options Trader, Options, Derivatives, Python, C++, Quantitative Research, Alpha Signal Research, Volatility Dynamics, Options Volatility Modelling, Index Options Market, Remote, Work From Home, Chicago Recruiters, Information Technology Jobs, IT Jobs, Chicago Recruiting
Looking to hire for similar positions in Chicago, IL or in other cities? Our IT recruiting agencies and staffing companies can help.
We help companies that are looking to hire Options Traders for jobs in Chicago, Illinois and in other cities too. Please contact our IT recruiting agencies and IT staffing companies today! Phone 630-428-0600 ext. 11 or email us at jobs@nextstepsystems.com. Click here to submit your resume for this job and others.
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