Index Options Trader — Strategy, Hedging & Execution

G-20 Strategies AG; Greater London; Hybrid; GBP 150,000 - 230,000; Full time

Job summary

G-20 Group is seeking an Index Options Trader to manage and optimize a discretionary index options portfolio. You will work with traders, quants, and developers to refine pricing models and trading strategies while driving risk-adjusted returns.

Right to work in London or other listed offices is required. The role emphasizes developing strategies across major indices, monitoring market dynamics, and executing trades with precision in a fast-paced environment.

Qualifications

• Degree in Finance, Mathematics, Physics, Computer Science, Engineering, or a related field from a top-tier university.
• Strong background in options trading with a solid understanding of options pricing theory, volatility trading, and strategies.
• Proven track record of generating profits (PnL > £2m annually for more than 3 years, increasing with experience).
• Experience with quantitative trading and applying data analysis to trading decisions.
• Excellent analytical and problem-solving abilities with data-driven decision making.
• Excellent communication and collaboration skills across teams.

Responsibilities

• Develop, implement, and refine index options trading strategies across major benchmarks.
• Analyze market microstructure, order flow, and volatility dynamics to identify trading opportunities.
• Collaborate with quantitative analysts and developers to improve pricing models and execution tools.
• Maintain awareness of macro events and policy impacts on volatility markets.
• Execute trades with precision across index options and related futures.
• Manage portfolio Greeks and adjust hedges in response to market conditions and expiries.
• Contribute to trading infrastructure, data pipelines, and analytical frameworks.
• Monitor portfolio performance and provide feedback on strategy effectiveness.

Skills

Options trading

Quantitative trading

Data analysis

Analytical thinking

Communication

Collaboration

Strategic decision making

Education

Finance/Mathematics/Physics/CS/Engineering degree

Tools

Python

Excel/VBA

SQL

Job description

G-20 Group is seeking an Index Options Trader to manage and optimize a discretionary index options portfolio. You will work with traders, quants, and developers to refine pricing models and trading strategies while driving risk-adjusted returns.

Right to work in London or other listed offices is required. The role emphasizes developing strategies across major indices, monitoring market dynamics, and executing trades with precision in a fast-paced environment.