Equity Options Trader

Socket.dev; New York (NY); On-site; USD 250,000 - 450,000; Full time

Job summary

G-20 Group is seeking an Equity Options Trader to manage and optimize a discretionary options portfolio. You will collaborate with traders, researchers, and developers to refine pricing models, trading strategies, and risk-adjusted returns as part of a fast-paced trading environment.

The role requires a strong options trading background, experience with quantitative trading, and a track record of profitability.

Qualifications

• Degree in Finance, Mathematics, Physics, Computer Science, or Engineering from a top-tier university.
• Strong background in options trading with pricing theory, volatility trading, and strategies.
• Proven track record of generating consistent profits (PnL > $2m annually for 3+ years).
• Experience with quantitative trading and applying data analysis to trading decisions.
• Excellent communication and collaboration skills across teams.

Responsibilities

• Develop, implement, and refine equity options trading strategies with a focus on small-cap equities.
• 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 corporate actions, earnings events, and catalysts affecting markets.
• Execute trades with best execution and liquidity management across listed options.
• Manage portfolio Greeks and adjust hedges dynamically to market changes.
• Contribute to trading infrastructure, data pipelines, and analytics frameworks.
• Monitor portfolio performance and risk metrics, providing feedback on strategy effectiveness.

Skills

Equity options trading

Quantitative trading

Python

Excel/VBA

SQL

Data analysis

Communication

Education

Degree in Finance, Mathematics, Physics, Computer Science or 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 Equity Options Trader at G-20, you will be responsible for managing and optimizing a discretionary equity 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 equity options trading strategies with a focus on small-cap equities.
• Analyze market microstructure, order flow, and volatility dynamics (including skew, term structure, and implied vs. realized volatility) to identify and capitalize on trading opportunities.
• Collaborate with quantitative analysts and developers to improve options pricing models, hedging algorithms, and execution tools.
• Maintain strong awareness of corporate actions, earnings events, and sector-specific catalysts that influence equity and options markets.
• Execute trades with precision across listed equity options, ensuring best execution and liquidity management.
• Manage portfolio Greeks (delta, gamma, vega, theta) and adjust hedges dynamically in response to changing market conditions.
• 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.
• 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 and leveraged trading is essential.
• Proven track record of generating consistent profits (PnL >$2m annually for more than 3 years).
• 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.
• Proficiency with trading and analytical tools (e.g. Python, Excel/VBA, SQL).
• Right to work: 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-20 Group and be a part of a team that is at the forefront of financial markets, driving innovation and excellence in the sector.