IMC

Index Options Volatility Trader

IMC • $250K *
Chicago, IL 60629In-Person
Finance & Insurance
Less than 5 years of experience
2 weeks ago
Job Overview by Ladders

Qualifications

  • 2+ years of experience in index options volatility trading
  • BS, MS, or PhD in business, economics, or a STEM field
  • Strong analytical skills to identify and describe flow patterns
  • Passion for understanding volatility dynamics and swift execution
  • Entrepreneurial mindset with a competitive nature and risk appetite
  • Reflective approach to past trades with a focus on continuous improvement

Responsibilities

  • Maximize revenue by exploiting short-term mispricings in index options
  • Monitor flow patterns, volatility shifts, and liquidity in index products
  • Collaborate with traders to manage large portfolio risks as a unified team
  • Work with research and quant teams to analyze performance and refine strategies
  • Analyze counterparty behavior and repetitive flow patterns for better positioning
  • Provide feedback to improve pricing models and execution tools
  • Conduct post-trade reviews to enhance execution and hedging strategies
  • Embrace significant responsibility early to drive impactful strategies

Benefits

  • Discretionary bonus eligibility
  • Paid leave
  • Comprehensive insurance coverage
Full Job Description
Our Index Options desk focuses on monetizing flow and capitalizing on short-term mispricings. We are a highly collaborative group that combines strong market intuition with analytical rigor, working closely with dedicated quants and researchers to sharpen our edge. Together, we strive to develop deep expertise, ownership, and innovation in understanding counterparty behavior, flow dynamics, and volatility pricing.
Your Core Responsibilities
  • Maximize revenue by identifying and capitalizing on short-term mispricings in index options
  • Monitor and react to 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 our best-in-class research and quant teams to analyze results and improve your approach
  • Identify and 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 in your time here to help drive strategies forward and succeed
Your Skills and Experience
  • 2+ years of index options volatility trading experience
  • BS, MS, or PhD, preferably in business, economics, or a STEM field
  • Ability to identify flow patterns and describe them analytically, with strong knowledge of repetitive market flows
  • Passionate about understanding volatility dynamics and willing to act quickly on your 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


The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive information.

Salary Range

$250,000-$250,000 USD

About IMC

IMC Financial Markets, sometimes referred to as IMC Trading, is a proprietary trading firm and market maker for various financial instruments listed on exchanges throughout the world. Founded in 1989 as International Market makers Combination, the company employs over 1100 people and has offices in Amsterdam, Chicago, Sydney, Hong Kong and Mumbai. IMC is a technology-driven trading firm active in over 100 trading venues throughout the world and offering liquidity to over 200,000 securities. IMC makes markets in the major exchange-traded instruments – equities, bonds, commodities, and currencies – on 100 exchanges worldwide and is a significant liquidity provider on the NYSE Arca, NASDAQ, CBOE, BATS, and CME exchanges.
Learn more about IMC
Industry
Finance & Insurance
* Ladders Estimates

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