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Volatility Trader Jobs (NOW HIRING)

Wolverine

Systematic Options Trader

Chicago, IL · On-site

$150K - $200K/yr

Trading Employment Type: Full Time Location: Chicago, IL Description Wolverine has an opportunity ... pricing volatility signals. You have experience defining research priorities and deriving ...

Belvedere Trading

Floor Trader - MIAX/AMEX

New York, NY · On-site

$175K - $250K/yr

Apply proprietary pricing models, volatility analysis, and risk frameworks to manage positions and improve trade selection * Monitor market activity, order flow, and quote quality in real time to ...

Belvedere Trading

Floor Trader - MIAX/AMEX

New York, NY

$175K - $250K/yr

Apply proprietary pricing models, volatility analysis, and risk frameworks to manage positions and improve trade selection * Monitor market activity, order flow, and quote quality in real time to ...

Belvedere Trading

Floor Trader - MIAX/AMEX

New York, NY · On-site

$175K - $250K/yr

Apply proprietary pricing models, volatility analysis, and risk frameworks to manage positions and improve trade selection * Monitor market activity, order flow, and quote quality in real time to ...

Belvedere Trading

Floor Trader - MIAX/AMEX

Miami, FL

$175K - $250K/yr

Apply proprietary pricing models, volatility analysis, and risk frameworks to manage positions and improve trade selection * Monitor market activity, order flow, and quote quality in real time to ...

Belvedere Trading

Floor Trader - MIAX/AMEX

Miami, FL

$175K - $250K/yr

Apply proprietary pricing models, volatility analysis, and risk frameworks to manage positions and improve trade selection * Monitor market activity, order flow, and quote quality in real time to ...

Old Mission

Systematic Equity Options Trader

Chicago, IL · On-site +1

$170K - $250K/yr

Build and maintain quantitative models for options pricing, volatility forecasting, and risk ... Conduct post-trade analysis to evaluate strategy performance and identify areas for improvement ...

Old Mission

Systematic Equity Options Trader

Chicago, IL · On-site

$170K - $250K/yr

Build and maintain quantitative models for options pricing, volatility forecasting, and risk ... Conduct post-trade analysis to evaluate strategy performance and identify areas for improvement ...

Wolverine

Systematic Options Trader

Chicago, IL · On-site

... pricing volatility signals. You have experience defining research priorities and deriving ... Grow firm profitability by influencing the development of trading algorithms and researching ...

Geneva Trading

Discretionary Trader

Chicago, IL · On-site

$36K - $42K/yr

... in highly volatile conditions. * Growth Mindset: A relentless drive to stay ahead of evolving ... Join Geneva Trading. Hybrid and in office roles located in London, Dublin, and Chicago. A fully ...

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All JobsVolatility Trader Jobs

Volatility Trader information

See salary details

$5

$43

$56

How much do volatility trader jobs pay per hour?

As of Jul 17, 2026, the average hourly pay for volatility trader in the United States is $43.40, according to ZipRecruiter salary data. Most workers in this role earn between $32.93 and $54.81 per hour, depending on experience, location, and employer.

What are some common challenges Volatility Traders face when managing risk in dynamic markets?

Volatility Traders often contend with rapidly changing market conditions, which can make accurate pricing and hedging of options particularly challenging. Managing risk requires constant monitoring of market volatility, adjusting positions quickly, and using sophisticated models to predict price movements. Additionally, traders must stay informed about macroeconomic events and news that can cause sudden spikes in volatility. Effective communication with risk managers and other trading team members is essential to manage exposures and ensure compliance with firm-wide risk limits.

What is the difference between Volatility Trader vs Options Trader?

AspectVolatility TraderOptions Trader
Required CredentialsFinance degree, CFA or FRM often preferredFinance degree, CFA, options trading certifications
Work EnvironmentTrading desks, quantitative teams, financial firmsTrading floors, financial institutions, hedge funds
Industry UsageSpecializes in volatility products and strategiesHandles a broad range of options and derivatives

While both roles involve trading financial instruments, a Volatility Trader focuses specifically on volatility-related products and strategies, often using quantitative models. An Options Trader handles a wider array of options and derivatives, including strategies beyond volatility. The roles overlap in skills and environment but differ in scope and focus.

Is volatility trading profitable?

Volatility trading can be profitable for traders who have strong analytical skills, risk management strategies, and access to advanced trading tools. However, it involves significant risk due to market unpredictability and requires a deep understanding of derivatives and market behavior. Success depends on skill, experience, and disciplined execution.

What does a volatility trader do?

A volatility trader analyzes and trades financial instruments based on expected changes in market volatility, often using options and derivatives. They develop strategies to profit from fluctuations in market prices and may use quantitative models and trading platforms to execute their trades.

Which broker can I trade volatility with?

Volatility traders typically use brokers that offer access to options and derivatives markets, such as Interactive Brokers, TD Ameritrade, or Thinkorswim. These brokers provide advanced trading platforms, margin accounts, and tools necessary for executing volatility strategies. It's important to verify that the broker is regulated and offers the specific products you need for volatility trading.

Why do traders love volatility?

Volatility traders, including those in roles like volatility trader, thrive on market fluctuations because they can profit from price swings through strategies such as options trading and derivatives. High volatility creates more trading opportunities and potential for significant gains, making it attractive for traders skilled in risk management and technical analysis.

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

To thrive as a Volatility Trader, you need strong quantitative analysis skills, a deep understanding of financial markets and derivatives, and typically a degree in finance, mathematics, or a related field. Familiarity with trading platforms, programming languages like Python or R, and risk management systems is essential. Exceptional decision-making under pressure, attention to detail, and effective communication are standout soft skills. These abilities are critical for accurately assessing market risk, executing complex strategies, and ensuring profitability in highly dynamic trading environments.

What are Volatility Traders?

Volatility traders are financial professionals who specialize in trading instruments that profit from changes in market volatility rather than the direction of price movements. They often use derivatives like options, futures, or volatility indices to take positions based on their forecasts of how much an asset's price will fluctuate. Their strategies may involve complex mathematical models and risk management techniques to hedge or exploit changing market conditions. Volatility traders are commonly found in investment banks, hedge funds, and proprietary trading firms.
More about Volatility Trader jobs
What cities are hiring for Volatility Trader jobs? Cities with the most Volatility Trader job openings:
What states have the most Volatility Trader jobs? States with the most job openings for Volatility Trader jobs include:
What job categories do people searching Volatility Trader jobs look for? The top searched job categories for Volatility Trader jobs are:
Volatility Trader jobs near you
Infographic showing various Volatility Trader job openings in the United States as of July 2026, with employment types broken down into 98% Full Time, 1% Part Time, and 1% Contract. Highlights an 69% Physical, 2% Hybrid, and 29% Remote job distribution, with an average salary of $90,263 per year, or $43.4 per hour.

Options Trader - Expression of Interest

Eclipse Trading

Chicago, IL • On-site, Remote

Full-time

Re-posted 26 days ago

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.