Commodity Options Trader

Edgehog Trading; Chicago (IL); Vor Ort; USD 150.000 - 175.000; Vollzeit

Benefits dieser Stelle

Health insurance (comprehensive)

401(k) with 4% company match

Unlimited PTO

Zusammenfassung

Edgehog Trading in Chicago is a proprietary trading firm focused on electronic options market making. We design automated, low-latency systems to provide liquidity across markets, with a collaborative team spanning trading, engineering, and business operations.

Join us to manage real-time risk and pricing across a diversified options portfolio, design systematic strategies with quantitative research and ML, and deploy models from ideation to production.

Qualifikationen

• 2-7+ years of trading experience with a proven track record in managing a commodity options market making book
• Knowledge of commodity options pricing, volatility, and CME/ICE market structure
• Strong quantitative and analytical skills with attention to detail
• Able to handle multiple responsibilities quickly with high operational excellence
• Python is a plus but not required

Aufgaben

• Manage real-time risk and pricing across a diversified options portfolio
• Design and optimize systematic options trading strategies using quantitative research and ML
• Build and refine algorithmic trading models from ideation through production deployment
• Track commodity fundamentals (supply, demand, storage, weather, term structure) affecting mispricing
• Collaborate with researchers and engineers to develop models using proprietary datasets

Kenntnisse

Trading experience

Quantitative analysis

Python programming

Attention to detail

Operational excellence

Market knowledge (CME/ICE)

Ausbildung

BA/BS/MS/PhD in CS/Data Science/Engineering/Math/Economics/Finance/Physics or related field

Jobbeschreibung

Edgehog Trading is a proprietary trading firm specializing in electronic options market making. We take a technology-driven approach, designing and operating automated, scalable systems to provide liquidity across markets.

Our team spans trading, engineering, and business operations, working together to build and support the systems that power the firm. We emphasize data-driven decision making, rigorous problem solving, and continuous improvement to navigate complex and evolving markets.

We operate in a highly collaborative environment where ideas can move quickly from concept to implementation, and where individuals are empowered to take ownership and contribute directly to the firm’s growth.

What you'll do:

• Manage real-time risk and pricing across a diversified portfolio of options positions
• Design and optimize systematic options trading strategies using quantitative research and machine learning techniques
• Build and refine algorithmic options trading models from ideation through production deployment
• Track the commodity fundamentals that drive mispricing beyond pure systematic signals, including supply and demand, storage, weather, and term structure and skew across the curve
• Collaborate with quant researchers and engineers to develop new models using our proprietary datasets

Qualifications and skills:

• Previous experience trading (2-7+ years) with a proven track record of success managing a commodity options market making book
• Working knowledge of commodity options pricing, volatility, and market structure on listed CME/ICE products
• BA/BS/MS/PhD degree in Computer Science, Data Science, Engineering, Math, Economics, Finance, Physics, or related field
• Exceptional attention to detail
• Excellent quantitative and analytical skills
• Ability to take on many responsibilities quickly with a high degree of operational excellence
• Python programming skills are a plus, but not required

Why Edgehog:

• Small team advantage: Direct access to founders and senior team members from day one
• Ownership early: Manage real P&L and make meaningful impact within your first year
• Cutting-edge tech: Work with our proprietary models and low-latency trading systems built in-house
• Tight feedback loops: Monthly 1-on-1s with your mentor, quarterly reviews with leadership
• Chicago-based: Affordable cost of living, vibrant trading community
• Comprehensive health, dental, and vision insurance with premiums 100% covered by the firm
• 401(k) with a 4% company match
• Unlimited paid time off and sick leave
• Free lunch, coffee, drinks, and snacks
• Monthly happy hours and annual team events

The base salary range for this position is listed below. Base salary represents just one part of overall compensation; all full-time, permanent roles are eligible for a discretionary bonus and benefits, including items in the above list.

The base salary for this role is 150,000 - 175,000 USD per year