Index Options Trader

G 20 Advisors Ag; Hong Kong; On-site; HKD 1,200,000 - 2,500,000; Full time

Job summary

G-20 Group in Hong Kong is seeking an Index Options Trader to manage and optimize a discretionary index options portfolio, collaborating with traders, quantitative researchers and developers to enhance pricing models and trading strategies.

The role requires strong options trading background, rigorous risk management of Greeks, and the ability to deliver market‑leading results while contributing to tooling and analytics across the desk.

Qualifications

• Degree in Finance, Mathematics, Physics, Computer Science, Engineering or related field.
• Strong background in options trading and pricing theory.
• Proven track record of generating profits (PnL > $2m annually for 3+ years).
• Experience with quantitative trading and data analysis.
• Excellent collaboration and communication skills.

Responsibilities

• Develop, implement, and refine index options strategies across major indices.
• Analyze market microstructure, order flow, and volatility dynamics.
• Collaborate with quants and developers to improve pricing models and hedges.
• Monitor macro events and policy developments affecting volatility.
• Execute trades with best execution and liquidity management.
• Manage portfolio Greeks and adjust hedges dynamically.
• Contribute to trading infrastructure and data pipelines.
• Monitor performance and risk metrics and provide feedback.

Skills

Options trading

Quantitative analysis

Python

Excel/VBA

SQL

Risk management

Trading systems

Education

Degree in Finance/Math/Physics/CS/Engineering

Tools

Python

Excel/VBA

SQL

Job description

About G-20

G-20 Group is a cross-asset trading firm headquartered in Switzerland, trading delta-one and derivatives markets globally. We combine startup agility with institutional-grade experience in proprietary trading, technology, and quantitative finance.

Role Overview

As an Index Options Trader at G-20, you willbe responsible formanaging andoptimizinga discretionary index options portfolio. You will collaborate with a team of traders, quantitative researchers, and developers to enhance pricing models, refine trading strategies, and drive superior risk-adjusted returns. This role offers a unique opportunity to contribute to G-20's continued expansion within a fast-paced and dynamic trading environment.

Key Responsibilities

• Develop, implement, and refine index options trading strategies across major benchmark indices (e.g.S&P 500, Nasdaq 100, Russell 2000, or relevant regional indices).
• Analyze market microstructure, order flow, and volatility dynamics (including skew, term structure, and implied vs. realized volatility) toidentifyand capitalize on trading opportunities.
• Collaborate with quantitative analysts and developers to improveoptionspricing models, hedging algorithms, and execution tools.
• Maintain strong awareness of macroeconomic events, central bank policy, and geopolitical developments that influence index levels and volatility markets.
• Execute trades with precision across listed index options and related futures, ensuring best execution and liquidity management.
• Manage portfolio Greeks (delta, gamma,vega, theta) and adjust hedges dynamically in response to changing market conditions, including around key macro events and expiries.
• Contribute to the continuous enhancement of G-20's trading infrastructure, data pipelines, and analytical frameworks.
• Monitor portfolio performance and risk metrics, providing regular feedback on strategy effectiveness and market impact.

Requirements

• 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 relevant strategies. Experience in high volatility asset classes andleveragedtrading is essential.
• Proventrack recordof generating consistent profits(PnL>$2m annually for more than 3 years, increasing with experience).
• Experience with quantitative trading and the ability to apply data analysis to trading decisions.
• Exceptional analytical and problem-solving abilities, capable of making quick, data-driven decisions.
• Excellent communication and collaboration skills, with the ability to collaborate effectively across teams.
• Demonstration of a results-driven, proactive, and self-motivated approach.

Preferred / Desirable Experience

• Experience in a proprietary trading, market-making, or hedge fund environment.
• Familiarity with automation and algorithmic execution strategies for options.
• Proficiencywith trading and analytical tools (e.g.Python, Excel/VBA, SQL).

Right towork:

This role can be based out of our Zurich, London, New York or Hong Kong office. Only candidates who possess the pre-existing right to work in one of the locations above without company sponsorship need apply.

Join G-20Groupand be a part of a team that is at the forefront of financial markets, driving innovation and excellence in the sector.