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Options Trader Jobs in Detroit, MI (NOW HIRING)

AD Mortgage

Capital Markets Head Trader

Troy, MI · On-site

Continuously evaluate and optimize execution options * Team Guidance: Lead, mentor, and develop team of traders, analysts and secondary marketing specialists. * Vendor & Investor Relations: Maintain ...

AD Mortgage

Capital Markets Head Trader

Troy, MI · On-site

Continuously evaluate and optimize execution options * Team Guidance: Lead, mentor, and develop team of traders, analysts and secondary marketing specialists. * Vendor & Investor Relations: Maintain ...

Rock Connections

Capital Markets Trader

Detroit, MI · On-site +1

As the Trader II, you'll exhibit elevated proficiency in mortgage trading, with a specialization in ... Our wide variety of home loan options, tools and resources empower our clients to achieve their ...

Rocket Mortgage, LLC

Capital Markets Trader

Detroit, MI · On-site

As the Trader II, you'll exhibit elevated proficiency in mortgage trading, with a specialization in ... Our wide variety of home loan options, tools and resources empower our clients to achieve their ...

Varsity Tutors

Series 9 Tutor

Detroit, MI · Remote

$18 - $40/hr

Deep knowledge of Series 9 General Securities Sales Supervisor examination content covering supervision of sales activities, handling of customer accounts, regulatory compliance, options trading ...

Varsity Tutors

Series 9 Tutor

Ann Arbor, MI · Remote

$18 - $40/hr

Deep knowledge of Series 9 General Securities Sales Supervisor examination content covering supervision of sales activities, handling of customer accounts, regulatory compliance, options trading ...

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All JobsOptions Trader JobsOptions Trader Jobs in Detroit, MI

Options Trader information

See Detroit, MI salary details

$10.9K

$111.2K

$193.5K

How much do options trader jobs pay per year?

As of Sep 7, 2026, the average yearly pay for options trader in Detroit, MI is $111,241.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,500.00 and $173,200.00 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.
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Cities near Detroit, MI with the most Options Trader job openings:

Options Trader jobs near you
Infographic showing various Options Trader job openings in Detroit, MI as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 12% Part Time, and 6% Contract. Highlights an 78% Physical, 1% Hybrid, and 21% Remote job distribution, with an average salary of $111,033 per year, or $53.4 per hour.

Capital Markets Head Trader

AD Mortgage

Troy, MI • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 22 days ago

Job description

About this opportunity
As the Head of MBS Trading, you will oversee the pricing, hedging, trading, and execution of our mortgage portfolio. You will manage the pooling decision, pipeline risk management strategy and optimize profitability. This role requires a deep understanding of agency (Fannie Mae, Freddie Mac, Ginnie Mae) and non-agency execution, hedging instruments (TBA, Swaps, etc), and the macro-economic factors influencing interest rates.
Key Responsibilities
  • Trading & Execution: Oversee the daily execution of all MBS trading activities, including TBA trading, specified pool creation, and whole-loan sales to maximize secondary marketing gain-on-sale margins.
  • Risk Management & Hedging: Design, implement, and monitor comprehensive pipeline hedging strategies.
  • Best Execution Analysis: Continuously evaluate and optimize execution options
  • Team Guidance: Lead, mentor, and develop team of traders, analysts and secondary marketing specialists.
  • Vendor & Investor Relations: Maintain and expand strong relationships with broker-dealers, warehouse providers, and institutional investors.
  • Cross-Functional Collaboration: Partner closely with Finance, Accounting, Post Closing and other teams to ensure accurate loan delivery and funding and operational fluidity
  • Market Intelligence: Monitor economic indicators, Federal Reserve policy, and regulatory changes to adjust trading strategies proactively.
Location and Schedule
  • This is a full-time, office-based position in a modern, cozy environment in our Troy, MI or Fort Lauderdale, FL office.
  • Our standard working hours are Monday to Friday, 9:00 AM to 6:00 PM, promoting a healthy work-life balance.
Skills & Qualifications
  • Experience: Minimum of 3-5 years of experience in bond trading, specifically focused on Mortgage-Backed Securities (MBS)
  • Education: Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field.
  • Technical Proficiency: Mastery of QRM, Tradeweb, Bloomberg and GSE websites. High proficiency in SQL, Python, or R for data analysis is a strong plus.
  • Deep Subject Matter Expertise: In-depth knowledge of mortgage pipeline dynamics, fallout modeling, servicing values (MSRs), and the mechanics of the TBA market.
What We Offer | Career and Culture
  • Company Culture: Inclusive, supportive company culture where you are not a number, but a voice that's heard and brings value.
  • Growth Path: Defined paid training and clear pathways for career development.
  • Benefits: Comprehensive benefits package including PTO, sick days, paid volunteer hours, medical, dental, vision insurance, and 401(k).
    Take the first step towards a rewarding career in the mortgage industry with AD Mortgage.
    Our Recruitment team will reach out to you shortly!

Connect with us: Explore our social media to get a sense of our corporate culture.
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We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Department Secondary & Capital Markets Locations Troy MI, Ft. Lauderdale HQ

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