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Senior Options Jobs (NOW HIRING)

Edgehog Trading

Senior Index Options Trader

Chicago, IL · On-site +1

Design and optimize systematic options trading strategies using quantitative research and machine ... Direct access to founders and senior team members from day one * Ownership early: Manage real P&L ...

IMC Inc

Senior Equity Options Volatility Trader

Chicago, IL · On-site +1

$175K - $250K/yr

divh2Senior Equity Options Volatility Trader/h2pChicago, United States/ppOur US Equity Options business has become one of the leading liquidity-providers in the marketplace. Weve already created ...

IMC

Senior Equity Options Volatility Trader

Chicago, IL · On-site +1

Our US Equity Options business has become one of the leading liquidity-providers in the marketplace. We've already created partnerships and business models to facilitate our expansion and we continue ...

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$25K

$80.3K

$163.5K

How much do senior options jobs pay per year?

As of Jun 4, 2026, the average yearly pay for senior options in the United States is $80,287.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,500.00 and $103,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Senior Options Trader, and why are they important?

To thrive as a Senior Options Trader, you need deep knowledge of financial markets, options pricing, and risk management, usually supported by a degree in finance, economics, or a related field. Expertise with trading platforms, quantitative analysis tools (such as Bloomberg Terminal or Python), and relevant certifications like FINRA Series 7 or 63 is often required. Strong analytical thinking, decisiveness under pressure, and excellent communication skills help traders navigate volatile markets and collaborate with teams. These skills are crucial for making informed trading decisions, managing risk, and driving profitability in a fast-paced environment.

What are some common challenges faced by Senior Options Traders, and how can they be addressed?

Senior Options Traders often face challenges such as managing complex risk exposure, adapting to rapidly changing market conditions, and ensuring compliance with regulatory requirements. Success in this role requires strong analytical skills, the ability to make quick decisions under pressure, and effective communication with risk management and trading teams. Staying updated with market trends, leveraging advanced trading technology, and maintaining close collaboration with colleagues can help address these challenges and contribute to consistent performance.

What are Senior Options?

Senior Options typically refer to specialized programs or career tracks designed for high school seniors or experienced professionals, depending on the context. In education, Senior Options allow students in their final year to pursue independent projects, internships, or advanced coursework as part of their graduation requirements. In finance or trading, 'Senior Options' may refer to advanced options trading roles or products. The specific meaning can vary, so it's important to understand the context in which the term is used.

What is the difference between Senior Options vs Options Trader?

AspectSenior OptionsOptions Trader
CredentialsTypically requires a finance or related degree, certifications like CFA or Series 7/63Often holds similar certifications, with emphasis on trading licenses and market knowledge
Work EnvironmentUsually in a corporate or institutional setting, involved in strategy and risk managementPrimarily in trading floors, financial firms, or hedge funds, focused on executing trades
Industry UsageUsed in finance, investment firms, and banks for senior roles overseeing options strategiesCommonly used in trading firms, hedge funds, and brokerage houses

While both roles involve options, Senior Options typically refers to a higher-level, strategic position within a company, focusing on risk management and strategy. Options Trader is more hands-on, executing trades and managing portfolios directly in the market.

What cities are hiring for Senior Options jobs? Cities with the most Senior Options job openings:
What are the most commonly searched types of Options jobs? The most popular types of Options jobs are:
What states have the most Senior Options jobs? States with the most job openings for Senior Options jobs include:
Senior Options jobs near you

Senior Index Options Trader

Edgehog Trading

Chicago, IL • On-site, Remote

Full-time

Medical, Dental, Vision, Retirement, PTO

This job post has expired today. Applications are no longer accepted.

Job description

Edgehog Trading Opportunities

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: Weekly 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

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