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 ...
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 ...
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 ...
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 ...
This position is responsible for trading energy options and products in Northeast markets. Reporting to the Head of Trading, this role requires a self-motivated, dedicated, and responsible individual ...
Quick apply
This position is responsible for trading energy options and products in Northeast markets. Reporting to the Head of Trading, this role requires a self-motivated, dedicated, and responsible individual ...
Junior Trader - Fixed Income
Chicago, IL · On-site
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 ...
Junior Trader - Fixed Income
Chicago, IL · On-site
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 ...
Derivatives Trader (European Hours)
$150K - $160K/yr
What You'll Need: * 1 year experience on an trading desk in options market making * Availability to work between 12:00 a.m. to 8:00 a.m. * A strong ability to manage and assess risk in a derivatives ...
Derivatives Trader (European Hours)
$150K - $160K/yr
What You'll Need: * 1 year experience on an trading desk in options market making * Availability to work between 12:00 a.m. to 8:00 a.m. * A strong ability to manage and assess risk in a derivatives ...
Systematic Index Options Trader
Chicago, IL · On-site
$250K/yr
We are looking for an Index Options Low-Latency Execution Quantitative Trader to join our team. IMC's Index Options desk is one of the leading electronic liquidity providers in index options markets.
Systematic Index Options Trader
Chicago, IL · On-site
$250K/yr
We are looking for an Index Options Low-Latency Execution Quantitative Trader to join our team. IMC's Index Options desk is one of the leading electronic liquidity providers in index options markets.
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 ...
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 ...
Quantitative Trader
Austin, TX · On-site
Trade short-term power products to capture incremental margin, with room to extend into longer-horizon and structured positions * Strengthen Base's existing hedge strategy with a more rigorous ...
Quantitative Trader
Austin, TX · On-site
Trade short-term power products to capture incremental margin, with room to extend into longer-horizon and structured positions * Strengthen Base's existing hedge strategy with a more rigorous ...
Quantitative Trader, ETF Team - Fixed Income
Manhattan, NY · Hybrid
$150K - $225K/yr
Overview The ETF trading group at GTS is seeking applications to join our Quantitative Trader covering the ETF Fixed Income Team. In this role the Quantitative Trader will work on existing srategies ...
Quantitative Trader, ETF Team - Fixed Income
Manhattan, NY · Hybrid
$150K - $225K/yr
Overview The ETF trading group at GTS is seeking applications to join our Quantitative Trader covering the ETF Fixed Income Team. In this role the Quantitative Trader will work on existing srategies ...
Junior Trader (1989)
Houston, TX · On-site
Basic understanding of financial trading, including hedging/speculative/price forecasting instruments such as derivatives, futures, options, OTC, and various credit instruments. * Familiarity with ...
Quick apply
Junior Trader (1989)
Houston, TX · On-site
Basic understanding of financial trading, including hedging/speculative/price forecasting instruments such as derivatives, futures, options, OTC, and various credit instruments. * Familiarity with ...
Essential Duties and Responsibilities : • Manages and analyzes the mortgage secondary pipeline and executes hedging and pool trading transactions • Manages and monitors hedge performance by ...
Essential Duties and Responsibilities : • Manages and analyzes the mortgage secondary pipeline and executes hedging and pool trading transactions • Manages and monitors hedge performance by ...
Senior Index Options Trader
New York, NY · On-site
$120K - $180K/yr
Tower seeks an experienced Index Options Trader. Responsibilities: * Managing a portfolio of listed options products * Collaborating with other traders and quantitative researchers to optimize ...
Senior Index Options Trader
New York, NY · On-site
$120K - $180K/yr
Tower seeks an experienced Index Options Trader. Responsibilities: * Managing a portfolio of listed options products * Collaborating with other traders and quantitative researchers to optimize ...
Congestion Trader
Dallas, TX · On-site
The Congestion Trader (L24) will support/conductmodeling transmission systems and pricing congestion risk across Leeward's portfolio. Working with the Manager of Congestion and Market Analytics ...
Congestion Trader
Dallas, TX · On-site
The Congestion Trader (L24) will support/conductmodeling transmission systems and pricing congestion risk across Leeward's portfolio. Working with the Manager of Congestion and Market Analytics ...
Senior Index Options Trader
$120K - $180K/yr
Tower seeks an experienced Index Options Trader. Responsibilities: * Managing a portfolio of listed options products * Collaborating with other traders and quantitative researchers to optimize ...
Senior Index Options Trader
$120K - $180K/yr
Tower seeks an experienced Index Options Trader. Responsibilities: * Managing a portfolio of listed options products * Collaborating with other traders and quantitative researchers to optimize ...
The Congestion Trader (L24) will support/conductmodeling transmission systems and pricing congestion risk across Leeward's portfolio. Working with the Manager of Congestion and Market Analytics ...
The Congestion Trader (L24) will support/conductmodeling transmission systems and pricing congestion risk across Leeward's portfolio. Working with the Manager of Congestion and Market Analytics ...
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 ...
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 ...
Fixed Income Trader
Harrisburg, PA · On-site
$75K - $89K/yr
BASIC QUALIFICATIONS - Six months to two years of trading experience in investment and securities industry. - High school diploma or equivalent. PREFERRED SKILLS/EXPERIENCE - Knowledge of fixed ...
Fixed Income Trader
Harrisburg, PA · On-site
$75K - $89K/yr
BASIC QUALIFICATIONS - Six months to two years of trading experience in investment and securities industry. - High school diploma or equivalent. PREFERRED SKILLS/EXPERIENCE - Knowledge of fixed ...
This position is responsible for trading energy options and products in Northeast markets. Reporting to the Head of Trading, this role requires a self-motivated, dedicated, and responsible individual ...
This position is responsible for trading energy options and products in Northeast markets. Reporting to the Head of Trading, this role requires a self-motivated, dedicated, and responsible individual ...
Junior-Mid Options Trader (US Hours)
New York, NY · On-site +1
Role Overview As an Options Trader at G-20 Group, you will be responsible for managing a discretionary options portfolio across a number of asset classes. You will work with a team of traders ...
Junior-Mid Options Trader (US Hours)
New York, NY · On-site +1
Role Overview As an Options Trader at G-20 Group, you will be responsible for managing a discretionary options portfolio across a number of asset classes. You will work with a team of traders ...
Trader Location: Dallas, TX Type: Permanent Working closely with Boston-based convertible team this ... options Identifying procedural deficiencies then working to resolve them Reading, analyzing and ...
Trader Location: Dallas, TX Type: Permanent Working closely with Boston-based convertible team this ... options Identifying procedural deficiencies then working to resolve them Reading, analyzing and ...
Options Trader information
See salary details
$11K - $27.8K
22% of jobs
$27.8K - $44.5K
0% of jobs
$46.9K is the 25th percentile. Wages below this are outliers.
$44.5K - $61.3K
22% of jobs
$61.3K - $78.1K
0% of jobs
$78.1K - $94.9K
0% of jobs
$94.9K - $111.6K
4% of jobs
The median wage is $117.2K / yr.
$111.6K - $128.4K
6% of jobs
$128.4K - $145.2K
7% of jobs
$145.2K - $162K
3% of jobs
$171.8K is the 75th percentile. Wages above this are outliers.
$162K - $178.7K
18% of jobs
$178.7K - $195.5K
18% of jobs
$11K
$112.4K
$195.5K
How much do options trader jobs pay per year?
What is an options trader?
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?
How much do options traders make?
What are the main challenges an options trader faces during periods of high market volatility?
Can options trading be a career?

Full-time
Medical, Dental, Vision, Retirement, PTO
Re-posted 3 days ago
Job description
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:
- Proactively manage pricing and positions for the SPX Index options market making desk
- 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 (3+ years) with a proven track record of success managing an index options market making book
- 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
- Python programming skills are a plus, but not required
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 - 175,000 USD per year