US Equity Index Options Trader

Posted 19 days ago

drwChicago (IL)

Securities, Commodities, and Financial Services Sales Agents Investment Banking and Securities Intermediation

SENIORITY

Senior

SALARY

$250,000 to $300,000

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About the role

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk. Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets. We operate with respect, curiosity and open minds. The people who thrive here share our belief that it's not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus We are seeking a US Equity Index Trader to join our US Options Trading team.

How you will make an impact:

Actively trade US index and equity options, managing positions and risk.
Analyze market flows, volatility, and microstructure to identify and capture trading opportunities
Refine pricing, execution, and risk management approaches to improve trading performance
Conduct post-trade analysis to evaluate decisions, optimize strategies, and drive systematic improvements
Contribute to the development of tools, monitoring, and processes that enhance trading stability and scalability
Partner closely with risk management, researchers and developers during live trading and high-pressure situations
You will be right at home if you have
Proven experience as an Index Options Trader, with exposure to US markets or similar equity derivatives
Strong track record of trading performance and disciplined risk management
Deep understanding of options theory, volatility, and market microstructure
Comfortable trading both systematic and discretionary when required
Calm under pressure, with the ability to quickly diagnose and act on trading problems
Strong analytics, detail-oriented, and proactive in identifying improvements
Strong communicator who thrives in a collaborative, team-based environment
Passionate about markets, with a continuous drive to learn and improve

The annual base salary range for this position is $250,000 to $300,000 depending on the candidate's experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts. For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at. California residents, please review the California Privacy Notice for information about certain legal rights at .[#LI-AC]

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