Index Options Volatility Trader
$250,000–$250,000 year
On-site · Chicago, Illinois, United States
Job Summary
Index Options volatility trader responsible for maximizing revenue by identifying and capitalizing on short-term mispricings in index options; monitor flow patterns, volatility shifts, and liquidity changes across index products; collaborate with traders to manage the risk of a large book as a team; work closely with research and quant teams to analyze results and improve approach; analyze counterparty behavior and repetitive flow patterns to inform positioning and execution; provide feedback to enhance pricing models, risk systems, and execution tools; perform post-trade reviews to continuously improve execution and hedging; take on significant responsibility and ownership early to help drive strategies forward and succeed.
Required Qualifications
- 2+ years index options volatility trading experience
- BS, MS, or PhD in business, economics, or STEM
- Ability to identify flow patterns and describe them analytically
- Passionate about understanding volatility dynamics
- Entrepreneurial mindset with healthy risk appetite
- Analytical and reflective about past trades
Desired Qualifications
- 2+ years index options volatility trading experience
- BS, MS, or PhD in business, economics, or a STEM field
- Ability to identify flow patterns and describe them analytically
- Passionate about understanding volatility dynamics and willing to act quickly on views to capture market opportunities
- Entrepreneurial mindset with a healthy risk appetite; competitive by nature and a fast decision-maker
- Analytical, reflective about past trades, and always seeking to improve
- Base salary range is $250,000; discretionary bonus and benefits included
Apply with one swipe on Sorce. We auto-fill applications and apply on your behalf — no cover letters, no 40-minute forms.
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.