DRW

US Equity Index Options Trader

DRW$250K — $300K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience as an Index Options Trader
  • Proven trading performance with a focus on risk management
  • In-depth knowledge of options theory and market microstructure
  • Ability to trade systematically and discretionary as needed
  • Proficient in analytics and detail-oriented
  • Excellent communication skills in a team environment
  • Passionate about market dynamics with a growth mindset

Responsibilities

  • Trade US index and equity options while managing risk
  • Analyze market flows and volatility to find trading opportunities
  • Enhance pricing and execution strategies for better trading outcomes
  • Evaluate trades through post-trade analysis for optimization
  • Develop tools and processes to improve trading stability
  • Collaborate with risk management and development teams during trading
  • Address and solve trading issues effectively under high pressure

Benefits

  • Comprehensive group medical, pharmacy, dental, and vision insurance
  • 401k with discretionary employer match
  • Short and long-term disability insurance
  • Life and AD&D insurance
  • Health savings accounts and flexible spending accounts
Full Job Description
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.

[#LI-AC]

About DRW

DRW is a financial trading firm that specializes in derivatives trading. The company was founded in 1992 by Don Wilson and has since grown to have offices in Chicago, London, Montreal, New York, and Singapore. DRW trades a variety of financial instruments, including futures, options, and cryptocurrencies. The company is known for its quantitative trading strategies and has developed a number of proprietary trading systems. DRW is also involved in venture capital and has invested in a number of technology startups.
Learn more about DRW
Size
1,000 employees
Industry
Founded
1992

Similar Jobs

More Jobs at DRW

More Finance & Insurance Jobs

Find similar US Equity Index Options Trader jobs: