Senior Index Options Trader | Quant-Driven, High-Impact

G-20 Group; Hong Kong; On-site; HKD 1,500,000 - 2,100,000; Full time

Job summary

G-20 Group, a cross-asset trading firm, seeks an Index Options Trader to manage a discretionary index options portfolio and collaborate with quants and developers.

The role focuses on refining pricing models, optimizing trading strategies, and driving superior risk‑adjusted returns while monitoring macro events and volatility dynamics across major indices. Based in HK with global coverage.

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 relevant strategies.
• Proven track record of generating profits (PnL >$2m annually for >3 years).
• Experience with quantitative trading and applying data analysis to trading decisions.
• Excellent analytical and problem-solving abilities with data-driven decision making.
• Strong communication and collaboration skills across teams.

Responsibilities

• Develop, implement, and refine index options trading strategies across major benchmark indices (e.g. S&P 500, Nasdaq 100, Russell 2000, or regional indices).
• Analyze market microstructure, order flow, and volatility dynamics to identify trading opportunities.
• Collaborate with quantitative analysts and developers to improve options pricing models, hedging algorithms, and execution tools.
• Maintain awareness of macroeconomic events and policy developments affecting volatility.
• 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 around expiries and macro events.
• Contribute to the enhancement of trading infrastructure, data pipelines, and analytics.
• Monitor portfolio performance and risk metrics, providing feedback on strategy effectiveness.

Skills

Options trading

Pricing theory

Quantitative analysis

Data-driven decisions

Python

Education

Bachelor's degree in Finance/Math/Physics/CS/Engineering

Tools

Python

Excel/VBA

SQL

Job description

G-20 Group, a cross-asset trading firm, seeks an Index Options Trader to manage a discretionary index options portfolio and collaborate with quants and developers.

The role focuses on refining pricing models, optimizing trading strategies, and driving superior risk‑adjusted returns while monitoring macro events and volatility dynamics across major indices. Based in HK with global coverage.